10th May 2010, 9:37 PM
Falcon: If you want an in-depth analysis of what the Reserve and why it's dangerous, I suggest you read The Case against the Fed by Murray Rothbard and The Creature from Jekyll Island by G. Edward Griffin. Oh, End the Fed by Ron Paul is another must. I have read all of these books.
Let explain the Fed in a nutshell: the Reserve system is dangerous because it causes currency dilution to the dollar via an expansion and the money supply and price inflation due to a supply of money that outweighs demand on goods and services in the market system.
Since 1913-the year the Reserve was created-the dollar has lost 95% of its value. To put this into perspective for you: the dollar's true value is only $0.05. This has been caused by history's greatest disasters: wars, bailouts, etc. Hell, every war in history has can be directly linked to the international banking cartel that runs the Reserve system.
I could destroy this site's bandwidth going over the rich history that I've researched in relation to the Federal Reserve. I can give you an education that your Marxist history professors will never give you five min. for. Of course, if you're the type that likes to learn on your own, I listed your homework on the top of this page.
Let explain the Fed in a nutshell: the Reserve system is dangerous because it causes currency dilution to the dollar via an expansion and the money supply and price inflation due to a supply of money that outweighs demand on goods and services in the market system.
Since 1913-the year the Reserve was created-the dollar has lost 95% of its value. To put this into perspective for you: the dollar's true value is only $0.05. This has been caused by history's greatest disasters: wars, bailouts, etc. Hell, every war in history has can be directly linked to the international banking cartel that runs the Reserve system.
I could destroy this site's bandwidth going over the rich history that I've researched in relation to the Federal Reserve. I can give you an education that your Marxist history professors will never give you five min. for. Of course, if you're the type that likes to learn on your own, I listed your homework on the top of this page.