The Fed's big gamble: Here's what could go wrong

yorkie 3 minutes ago

this is just the beginning. Does the name Robert Mugabe mean anything to you? It should.[color=red] The United States is now instituting policies that Mugabe instituted in Zimbabwe. If you don't know what happened in Zimbabwe when Mugabe began monetizing debt, by all means do the the research yourself and find out exactly what occurred.

the Fed is a semi private central bank that illegally creates fiat currency that has no backing other than the coercive power of government. The Federal Reserve is also no more a Federal agency than Federal Express would be considered.

If you go to the Fed's own website, whether it be the Fed in Atlanta, New York, San Francisco or Dallas..it says right on its' monogram..Federal Reserve Bank Incorporated..established May 18, 1914. I don't know about you, but I don't know of any government agency that is incorporated.

The Fed is in place so the government can borrow an unlimited amount of money at any time to finance its reckless spending projects. Whether they be a war, social programs or bailouts like we witnessed in 2008. The government likes the fed because they can then spend far more than they take in from taxes on various programs that we can't afford as a country or on the expansion of the American Empire under the guise of spreading freedom and democracy around the globe. By being in place, we the people, then pay back for their reckless spending, thru the hidden tax of inflation. If you learn nothing else, understand that inflation is, in fact, a tax!

If the Fed did not exist. And the congress can end the fed at any time, they created it by passing the Federal Reserve Act in 1913. Then the government would have to "ask" the american people to pay for any project in the form of direct taxes. A certain amount per family per year. We also would no longer have to pay a semi private company interest in order to finance our own government.

I sincerely hope americans wake up and wake up soon. Unfortunately, time is running