Indi Guy
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Tue Mar-09-10 03:49 AM
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| Who Understands All That the Federal Reserve is??? |
| Sebastian Doyle
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Tue Mar-09-10 03:59 AM
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| 1. Well, for one thing... |
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It's not federal and there is no reserve.
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| Indi Guy
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Tue Mar-09-10 04:06 AM
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| 2. Extremely Well Said!... |
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Lookup "federal reserve act" 1913 & "fiat money" -- the picture of today's economy becomes clear.
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| Sherman A1
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Tue Mar-09-10 06:42 AM
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| 3. I think it has to do with |
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lots of smoke & mirrors, some magic & just a pinch of fairy dust, big books with lots of rules, nice offices & other stuff.
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| damyank913
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Tue Mar-09-10 08:31 AM
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| 4. All good answers-but seriously folks... |
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Before the Fed, a rumor could bring a bank down. Could it be improved? Definitely. Does it work? Probably.
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| The Northerner
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Tue Mar-09-10 10:46 AM
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| 5. It's probably the greatest money-counterfeiting agency in the US |
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Edited on Tue Mar-09-10 10:47 AM by The Northerner
But no need for an audit...
There ain't nothing important going on over there. :sarcasm:
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Tue Apr 30th 2024, 05:43 PM
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