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'Audit the Fed,' - Restore 'Free Markets for Free People' - Gary Dorsch - SirChartsAlot

What Makes me crazy about the pun-dents is, When they talk about taking interest rates down to 1%. It is the Savers and Investors that loose to the Banks. The bulk of the baby boomers, "like myself" are paying in two ways. No interest on money saved, and the devaluation of those Dollars. If the 400 billion in interest, that is not being paid. That 400 Billion would go back into the economy and not to the Banks, Tourism, airlines. Hotels, Restraint's, and the rest of the economy would hire people to accommodate the boomers in retirement, if they got paid an average 6% interest. we need to go back to a gold Backed and convertible dollar. that would put confidence back into the Market. sound money has to come first.

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Début de l'article : When will the Fed's folly and madness come to an end? Perhaps next year, we'll begin to see big changes at the Federal Reserve, including the sacking of Fed chief Ben Bernanke, and his henchmen of addicted money printers, who have tossed aside the notion of "Moral Hazard," a long time ago, and instead, are engaging in "financial repression" in the bond markets, and the rigging of the stock market, much to the chagrin of believers in free markets... Lire la suite

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