Amen!!!!
Does anyone know why the Fed was created in the first place? Anyone? Bueller?
I think it was Wilson who started it. I could be wrong. It happens all too often. But within about twelve years it made a disastrous screw up. I think it was Milton Friedman who noted that the economy was recovering from the 1929 market crash when the Fed dramatically tightened the money supply, which brought on the Great Depression, and all that followed.
Does anyone know why the Fed was created in the first place? Anyone? Bueller?
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“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild Banking Dynasty.
It also provides for the US taxpayer to bail out the nefarious activity of the bankers. Do not get me wrong, Congressional over-spending does not help. Alas, President’s can not spend money!!