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ToritoNL (December 31, 1969 at 11:59 pm)
The FED cuts the interest rates. Looks nice -> dollar becomes stronger. But the dollar is not backed by other value. The more dollars are created now, by loans, the bigger the inflation will be, later. These lowered interest rates must go up. Then, what you do? Have a worse resession than you would have had if there hand't been a bail out, I think.
punanibuzzed (December 31, 1969 at 11:59 pm)
he is right once again...if the dollar becomes worth nothing...which it is on the verge of becoming, you will have no purchasing power. hard to think about but...your dollar could be just a piece of paper! barack obama will save us...haha riiight...
r3dredwine (December 31, 1969 at 11:59 pm)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!Send To Congress Share With Everyone
pokerslut530 (December 31, 1969 at 11:59 pm)
hahahhahahahahah that was f'n great. thx for the laugh.
mukkohaha (December 31, 1969 at 11:59 pm)
hahaha :P
soulfortruth (December 31, 1969 at 11:59 pm)
right on.
soulfortruth (December 31, 1969 at 11:59 pm)
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the government at defiance. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson amen! POWER TO THE PEOPLE!
soulfortruth (December 31, 1969 at 11:59 pm)
watch?v=Wsj1MicUei0
RegularFool (December 31, 1969 at 11:59 pm)
Stock up on *canned foods people, we are in for a long long long ride.*This has nothing to do with the fact I work for a canned food company.
weatherman182 (December 31, 1969 at 11:59 pm)
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the government at defiance. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson needs to be said twice |