RE: Banks Make Money the Old Fashioned Way....
January 28, 2014 at 7:21 pm
(This post was last modified: January 28, 2014 at 7:24 pm by kılıç_mehmet.)
Quote:The FRB was created before the great depression so it actually had a hand in creating it. Being a private corporation and all that loans money to our government at interest, where as the government should be creating it's own money interest free.Well, I think the gold standard was in effect until the great depression hit the scene.
As gold is rather limited, the amount of liquidity in the economy is limited aswell.
To be honest, FRB actually allowed America to be economic superpower that it is today.
Quote:People are greedy yes, but that is a manufactured culture to make us greedy, when everything revolves around money it is hard to not want to accumulate it. Control of the media and news helps to exacerbate this greed.Sadly. We do not live in a world of higher ideas, and noble goals anymore. People are too preoccupied with themselves, as not to care about society, or social justice.
The more they can benefit from a corrupt system, the better.
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