Not surprising -- the Fed was created primarily for the bankers and Wall Street, not for the 'good' of the people, and thus we find them ensuring tidy profits for those same institutions. I'm not going to be a left-type by criticizing them for wanting to make money; however, it is high time they are forced to give full account of their transactions, and I think we will find quite a lot of "insider" activities.
Absoloutely. I don't begrudge profits, but when they are made at the expense of a devalued dollar and a fixed system, I have a problem. It bothers me that unelected people have so much power and zero accountability
Not surprising -- the Fed was created primarily for the bankers and Wall Street, not for the 'good' of the people, and thus we find them ensuring tidy profits for those same institutions. I'm not going to be a left-type by criticizing them for wanting to make money; however, it is high time they are forced to give full account of their transactions, and I think we will find quite a lot of "insider" activities.
ReplyDeleteAbsoloutely. I don't begrudge profits, but when they are made at the expense of a devalued dollar and a fixed system, I have a problem. It bothers me that unelected people have so much power and zero accountability
ReplyDelete