"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Don't Steal! The Federal Reserve HATES Competition!
Submitted by A. Magnus on Wed, 2014-04-09 00:00
"So the Fed is robbing the purchasing power of our money as a matter of policy. In simple terms, the Fed is stealing purchasing power and delivering the stolen wealth to the financiers and banks, who borrow money from the Fed for near-zero rates of interest.
And what do the banks do with the money the Fed stole from us? They loan it back to us at 16% (or more)."
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