Quote:
Originally Posted by DamageX
Let's see, how is it nonsense and how is it unrelated to the subject? Please enlighten me, I'd be grateful if you showed me the truth.
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I fail to see what your no doubt principled opposition to the US monetary system has to do with someone running a massive investment fund ponzi scheme. Perhaps you can enlighten me on what makes the US central bank and monetary system fundamentally different or worse than the central banks and monetary systems that exist in most other industrialized nations? How does it fundamentally differ from the Bundesbank or the European Central Bank?
I have heard a lot of criticism of the Federal Reserve from people on this board and much of that criticism seems to come from people who live in countries that have similar systems featuring independent central banks and fiat currencies. I have not heard too many alternatives proposed except a return to the mythical "gold standard." Perhaps you can explain to me your proposed alternative as well as the implications of such a change. Perhaps you would also like to enlighten me on how the monetary system in your country is superior to the US system. I thank you advance for showing me the truth.