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Originally posted by ViewFromTheStars
FACT: The American government and IT'S people should be printing it's OWN money.
If ANY of you can explain why this is not how things should be please explain in great detail why you feel this to be the case.
There's actually a pretty simple answer. if governments printed the money themselves, there would be nothing to stop they manipulating it artificially for political ends. e.g "vote for us, we'll lower your mortgage by 300 dollars a month!"
Originally posted by ViewFromTheStars
Ok.. what's stopping the 'controlling forces' of the Federal Reserve bank from doing that very same thing?
Please answer.
nowthenlookhere
I make no claims as to whether it is a good system or not.. that's up to US citizens to decide.
Originally posted by ViewFromTheStars
BTW, you say 'government(s)'. How many governments in the world print their own money and how many don't?
Oh, and BTW.. did the US citizens get to decide to have the "Federal Reserve Bank" start printing OUR money?
Originally posted by nowthenlookhere
[My own experience in the financial system has opened my eyes to that.... which is why I am so vociferous in debates such as these. With a little more undertanding of the system, far fewer people would be taken for a ride, lose their life savings, their pension, etc.. to a system that preys on their naivety.
SpiderJ
Think of the federal reserve as a sort of fail safe, a thin green line that is supposed to control how much is made so the value of the dollar is stable. It makes investing countries feel safer in investing in a country with a stable monetary system...it also is supposed to protect the american people from the devaluation of american dollars.
Originally posted by photobug
In either case I find that both sides fail to produce any true evidence to support their claims. From a research perspective what documents exist that would clarify either end of this debate? I personally would like to see all the supporting evidence regarding the fed especially the documents regarding the organization, ownership, and audits.
It seems we agree on most points just not the who is in control part. Regardless of who is in control or not in control based on your above quote do you not think that a system that takes advantage of and PROMOTES naivety is a skewed system?
The real problem remains the same though, it is just one step towards the monopolization of our freedom. Every time we turn around there is but another small piece of the puzzle being put together. The discount card is just one way to get people use to being tracked, debit cards are but another way to control and track the money system.
Tell me is it fair that the bankers create a system that puts more money in their pockets. They create a debit/credit card and make it simple and easy for people to use. So simple and so safe that people have no choice to use it. As a business owner why do I have pay the bank for every transaction a person uses their card for in my place of business.
Real freedom is living for yourself and not living for the bankers.
Real freedom is living for yourself and not living for the bankers.