To: expat_panama
The Fed can fabricate “wealth” out of thin air, and give to whom it will with no accountability. The fake wealth is in direct competition with the wealth of the rest of the world.
That is my definition of tyranny.
17 posted on
07/27/2009 7:01:36 PM PDT by
Tax Government
(Vote all the clowns out of office...especially Bozo.)
To: Tax Government
The Fed can fabricate “wealth” out of thin air, and give to whom it will with no accountability. The Fed doesn't give money to anybody.
18 posted on
07/27/2009 7:03:35 PM PDT by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: Tax Government
The Fed can fabricate “wealth” out of thin air,If it was just a matter of fabricating wealth, there would be less of an issue. They're fabricating debt and that is worse.
53 posted on
07/27/2009 10:48:56 PM PDT by
altair
(When will the "major" parties nominate someone with at least a room temperature IQ?)
To: Tax Government
The Fed can fabricate “wealth” out of thin air...You made that up.
Maybe you're thinking of how the private banks create money out of thin air, which is true. The bank loans money so people can go from nothing to having a debt while owing cash of an equal amount. People end up with more money but not having more wealth.
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