- Banned
- #101
Well except that artificial stimulation is still artificial- markets will naturally correct themselves if left alone- creating boom, bust cycles artificially to "control" the economy is just that- artificially controlling- that isn't how or why our gov't was established- the fed has done it's job of smoothing the peaks and valley's, which is commendable- however, the District of Criminals using it for nefarious purposes- that isn't so commendable- without an unlimited credit card we couldn't be the world's bul- er, police forcing the fed reserve dominance-There were far more recessions and many more booms and busts prior to the Fed. That’s why the Fed was created in the first place.
Other conspiracy theories about the origins of the Fed are pretty silly.