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DJ FC · 02-04-2009, 12:59 AM

Zeitgeist is shit.
The Fed isn't exactly private.
It's held accountable by the Government.
It's pseudo-private.
The best thing that could possibly happen would be for the Fed to be replaced by a completely private bank.
In the future These may replace the Fed and the shitty US Dollar.
The Fed doesn't print money.
The Treasury prints money.
The Treasury doesn't create money.
The Fed creates money, but it's not interest free.

So many misconceptions of central banking and it tears me up inside!

02-04-2009, 12:59 AM	#9 (permalink)
DJ FC MURICAN Join Date: Jul 2004 Location: Virginia Posts: 5,136 Internets: 253094	Zeitgeist is shit. The Fed isn't exactly private. It's held accountable by the Government. It's pseudo-private. The best thing that could possibly happen would be for the Fed to be replaced by a completely private bank. In the future These may replace the Fed and the shitty US Dollar. The Fed doesn't print money. The Treasury prints money. The Treasury doesn't create money. The Fed creates money, but it's not interest free. So many misconceptions of central banking and it tears me up inside!
	The basis of our governments being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them. Last edited by DJ FC; 02-04-2009 at 01:02 AM.