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I totally agree. Most of the people who are against it just aren't clear on the facts. Zeitgiest
people.. Watch it! It will change your life. And every fact in it is researchable |
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You are 100% CORRECT! It serves no purpose other than to make rich people who do nothing richer,
and to put the American people in DEBT by artificially controlling interest rates and they only lend
money to their friends....like the Bear Stearns bailout....billions to their friends...and we pay
for it! |
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Econ101. The Fed controls inflation, they keep it at a slight inflation because deflation is MUCH
worse. In order for an economy to grow, there needs to be inflation. Without the Fed economies
would collapse. |
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I seriously doubt it would be inflation free. Virtually every industrialized country experiences
inflation and business cycles and their central banks are differently structured so why would the US
be any different? If the Fed charges interest on money it lends to the government, that is likely to
dampen inflation rather than increase it. If the government could print free money without having
any cost attached to it, they would probably do it even more than they do now, thus driving up
inflation. |
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04 Mar 2008 00:11
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