mayabong |
04-20-2010 03:29 PM |
Quote:
Originally Posted by The Demon
(Post 17057803)
I'm not sure you've studied economics but the more money in circulation= the less it's worth. It's pretty much the Law of Scarcity. The Fed IS a part of the government. The government and the fed have the same goals. And finally, Bernanke works for Obama. Conspiracy disproved.
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Ron Paul says its easier to find out what the CIA is doing than to find out what the FED is doing and he's on the Budget Committee thing. It seems like if the FED was part of the Government it would be alot easier to audit like ron paul has been trying to do.
You still didn't answer my question though, why does the government borrow money from the FED (in your case itself) at interest. (immediately putting itself into debt) When it can print it itself not worry about the debt? Of course the government has to borrow more money from the fed AT INTEREST to pay off the debt. Do you see the never ending spiral here? Why would I borrow money from myself and charge myself interest.. haha
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