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The Federal Reserve

Name: Anonymous 2006-07-27 12:40

http://www.lewrockwell.com/paul/paul53.html

Note for the confused:  the 'Federal' Reserve is private, not public. 

For clarity:  the Federal Reserve is a privately owned company. 

This organization is clearly unconstitutional, and no true supporter of Free Enterprise or the American Constitution should support it.

Not to mention it's effects on lower-middle class people on fixed incomes...

Name: Anonymous 2006-07-29 19:02

>>14
He's actually sort of right, the whole Mercantilist theory was based on a finite amount of wealth, increasing the avaliable amount of wealth (I.E. Zomg I found gold) still creates inflation.
Is the issue here that we don't trust the Fed with our G, or that we want to curb inflation?

>>19
Consumers are fucking stupid! How many people smoke cigs when they hear it'll kill them? How many people eat at McDonalds when the food is unhealthy? How many people drive SUVs? How many people wear Che Guevara, Abercrombie, and Aeropostale T-Shirts?

Good God! Consumers are sheep that can't be trusted to wipe their asses with TP instead of Sandpaper.

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