Quoted By:
<<<---same people over and over and over again
There is not a country on Earth that practices free market capitalism. The Fed is a con, plain and simple. God only knows what true capitalism, real price discovery and sovereign nations trading with each other in a free market would be like. Imagine sovereign nations issuing their own currencies. God only knows where we would be today, had the Federal Reserve and the IRS (both created in 1913, btw) never been created. No orchestrated booms and busts, no crony capitalism, no corporate tax subsidies, no failing IPOs, no QE, no counterfeiting Central Banks, no metal market rigging, no derivatives. Only states were supposed to impose an income tax. We are so far from free market capitalism, it is staggering. This is the Federal Reserve Uniparty
Why are our Federal Reserve primary dealers investing in China? Isn't this treasonous, as they are responsible for the issuance and stability of our currency? The government just shut down America, counterfeited trillions in QE for the primary dealers and now these banks are investing in the People's Republic of China. This is while the Fed also pays ~70-75 financial firms millions of dollars in interest every business day to keep trillions out of US capital markets (reverse repos). This is what we have devolved into, US taxpayers pay a cartel of private banks to issue our currency out of thin air in the form of debt, which they are also using to invest in foreign nations as private international banks.