Anyone else find it interesting that Terrorism is nowhere close to being the top choice in this poll?
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.
Anyone else find it interesting that Terrorism is nowhere close to being the top choice in this poll?
After reading some recent posts, it is clear that mandatory economics classes in high school should be national election issue....
Wait a minute. Isn't that fascism? We should ask 22*.After reading some recent posts, it is clear that mandatory economics classes in high school should be national election issue....
Wait a minute. Isn't that fascism? We should ask 22*.
Not even close to being realistic,wonder how many times the lefties voted?Anyone else find it interesting that Terrorism is nowhere close to being the top choice in this poll?
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.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.