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Poll: What is your most important election issue?

What is your most important election issue?

  • Climate Change

    Votes: 5 7.8%
  • Terrorism/ISIS

    Votes: 4 6.3%
  • Mass Shootings/Gun Control

    Votes: 2 3.1%
  • Economy/Jobs

    Votes: 13 20.3%
  • Healthcare

    Votes: 4 6.3%
  • Income Inequality

    Votes: 10 15.6%
  • Civil Rights (Black Lives Matter/Gay Marriage/Trans Issues)

    Votes: 1 1.6%
  • Tax Reform/Government Spending

    Votes: 10 15.6%
  • Zombie Apocalypse Preparedness

    Votes: 5 7.8%
  • Something Else/Present

    Votes: 10 15.6%

  • Total voters
    64
Plenty of periods of inflation before the Fed. But even more important, more periods of recession. For all the reasons that you and I agree to dislike the Fed, it was at least partly designed to prevent and respond to recessions. Obviously not a total success at that. But a partial success.

There's also a perfectly reasonable argument to be made that some inflation is good. Printing more money is one of various ways to try to increase inflation, even if it's only one factor and doesn't necessarily produce that outcome.

Inflation is also caused by fractional reserve banking. Either way, it's an expansion of money that causes it's devaluation.

As for the FED stemming the tide of recessions, that's just an outright fallacy. It actually prolongs recessions by making legislation like TAARP and the "Stimulus Package" more likely.
 
After reading some recent posts, it is clear that mandatory economics classes in high school should be national election issue....
 
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Tax Reform. Rebuild the IRS and the tax code from the ground up. You would find billions in new revenue and help the middle class.
 
Plenty of periods of inflation before the Fed. But even more important, more periods of recession. For all the reasons that you and I agree to dislike the Fed, it was at least partly designed to prevent and respond to recessions. Obviously not a total success at that. But a partial success.

There's also a perfectly reasonable argument to be made that some inflation is good. Printing more money is one of various ways to try to increase inflation, even if it's only one factor and doesn't necessarily produce that outcome.
There have been a few central banks in our short history of the U.S. The Fed's stated goal is to bring stability to the dollar. It has failed miserably and we have recessions every 4 years due to the boom- bust cycles caused by their artificial manipulation of rates by the Oligarchs. Since 1913, 98% of the dollar's purchasing power has been insidiously stolen, not lost. The stable periods have been w/o the interference of a private banking cartel. Robert Morris and Nicholas Biddle controlled our money in the early years.

In the old days with Kings, their empire ambitions were financed by clipping the outside of gold coins. They would then melt them down. The people became wise of the diminution of value stolen right under their noses.

One of the main reasons for the current Fed's founding was a lot of banking power was moving westward during the expansion. The Eastern Elites would have none of it.. Ahhh Hell! It's getting late. Here is a great book you can read. Open in Pdf.

https://mises.org/library/mystery-banking
 
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