Unless one was asleep, for a couple of days to three years, the United States had yet another crisis brewing to a froth over the past weekend. The results of Slaughterhouse Ten, those banks declining by -10% on the Casino Stock Exchange, will be ongoing amid the septuagenarian-led responses at the
There are two evils at the core: (1) government should borrow no money from the central bank. This is non-reproductive, causing inflation. It is always used in some form of money laundering, and is a form of counterfeiting. (2) banks take the loan payments on loans created by fractional reserve lending. This is lent from people's savings and payments should go to them. Depositors would get over 30% interest on such loans and banks should only be allowed a service fee, as they were in the Middle Ages.
Andrew Jackson called it right when he named it hydra-headed monster. It has arisen again to swallow freedom. http://www.campaignforliberty.org/andrew-jackson-and-the-central-bank
Khazarian Mafia hard at work...I hope they go to hell where they belong among their peers
There are two evils at the core: (1) government should borrow no money from the central bank. This is non-reproductive, causing inflation. It is always used in some form of money laundering, and is a form of counterfeiting. (2) banks take the loan payments on loans created by fractional reserve lending. This is lent from people's savings and payments should go to them. Depositors would get over 30% interest on such loans and banks should only be allowed a service fee, as they were in the Middle Ages.