End the Fed
Jan 27, 2022 06:27:06 #
"Today, the fabric of our modern banking world is held together by a logical fallacy of a system, wherein central banks are afforded the asinine luxury of being able to print infinite amounts of “money”, which is then disproportionately distributed toward the ruling class, billionaires, and elites, instead of the people who need it the most.
This shows up, literally, as a widening gap between the “haves” and the “have nots” that has widened consistently since the late 1970’s.
Today, the fabric of our modern banking world is held together by a logical fallacy of a system, wherein central banks are afforded the asinine luxury of being able to print infinite amounts of “money”, which is then disproportionately distributed toward the ruling class, billionaires, and elites, instead of the people who need it the most.
This shows up, literally, as a widening gap between the “haves” and the “have nots” that has widened consistently since the late 1970’s."
I claim no special knowledge on how this will all end, just that it will, as it inevitability must.... and it will not be pretty.
https://www.zerohedge.com/news/2022-01-26/inflation-kryptonite-will-end-monetary-policy-ponzi-scheme
This shows up, literally, as a widening gap between the “haves” and the “have nots” that has widened consistently since the late 1970’s.
Today, the fabric of our modern banking world is held together by a logical fallacy of a system, wherein central banks are afforded the asinine luxury of being able to print infinite amounts of “money”, which is then disproportionately distributed toward the ruling class, billionaires, and elites, instead of the people who need it the most.
This shows up, literally, as a widening gap between the “haves” and the “have nots” that has widened consistently since the late 1970’s."
I claim no special knowledge on how this will all end, just that it will, as it inevitability must.... and it will not be pretty.
https://www.zerohedge.com/news/2022-01-26/inflation-kryptonite-will-end-monetary-policy-ponzi-scheme
Jan 27, 2022 07:02:25 #
Nice if you happen to be in the 1/10th of the 1%. Meanwhile, the Fed's monetary stimulus and debt creation has negatively impacted retired seniors who expected to live off the interest on their savings destroyed by the Fed's ZIRP, as well as the poor and working/middle class, whose salaries do not keep up with inflation (and the government's bogus inflation numbers and fudged numerics).
Jan 27, 2022 07:14:23 #
lpnmajor
Loc: Arkansas
ACP45 wrote:
"Today, the fabric of our modern banking worl... (show quote)
This country was built on the backs of the have-nots........................and ruled by the "haves" ever since.
When we allow our employees free rein to set their own pay, benefits, ethical standards and police themselves, we should expect to get screwed.
Jan 27, 2022 07:24:13 #
lpnmajor wrote:
This country was built on the backs of the have-nots........................and ruled by the "haves" ever since.
When we allow our employees free rein to set their own pay, benefits, ethical standards and police themselves, we should expect to get screwed.
When we allow our employees free rein to set their own pay, benefits, ethical standards and police themselves, we should expect to get screwed.
You lost me. How is this in any way related to the Fed and it's monetary policy and debt creation?
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