What purposes would that be exactly? Besides enslaving our gov't & the American people, that is? Our gov't has a Constitutional right to ISSUE IT'S OWN MONEY *WITHOUT* having to obtain it from a group of PRIVATE BANKS(the Fed Res).The Fed Reserve is NOT Federal, it's a bunch of private banks!As Rothschild said, "GIVE ME CONTROL OF A NATION'S MONEY SUPPLY, AND I CARE NOT WHO MAKES HER LAWS."The Fed was created by stealth & deceit & the dollar has lost over 90% of its value since the Fed started.
I don't agree with abolishing the fed. Rogers does hit on part of the problem when he says the fed is propping up the banks by giving them money. They should have been allowed to fail. Fear of a public backlash from those that lost their life savings is holding back good policy.
The fed does have its purposes but have screwed things up over the last 7 years. Greenspan blew it but so did regulatory policy.
Abolish the fed and allowing treasury to print money. Would eliminate the interest payments on the debt. With it comes great responsibility to maintain balanced budgets because all deficits directly inflate.
show me your assets, haha, is that dirty talk.
jayangli 1 year ago
You need a central bank, but not the way the federal reserve operates.
Nickalispicalis 3 years ago
Are any of you guys in agriculture, i have to do my own research, but i think i should have some in my protfolio, as jim is talking sense?
jasy221 3 years ago
What purposes would that be exactly? Besides enslaving our gov't & the American people, that is? Our gov't has a Constitutional right to ISSUE IT'S OWN MONEY *WITHOUT* having to obtain it from a group of PRIVATE BANKS(the Fed Res).The Fed Reserve is NOT Federal, it's a bunch of private banks!As Rothschild said, "GIVE ME CONTROL OF A NATION'S MONEY SUPPLY, AND I CARE NOT WHO MAKES HER LAWS."The Fed was created by stealth & deceit & the dollar has lost over 90% of its value since the Fed started.
ceruleana1 3 years ago
I don't agree with abolishing the fed. Rogers does hit on part of the problem when he says the fed is propping up the banks by giving them money. They should have been allowed to fail. Fear of a public backlash from those that lost their life savings is holding back good policy.
The fed does have its purposes but have screwed things up over the last 7 years. Greenspan blew it but so did regulatory policy.
updownleftrightinout 3 years ago
Abolish the fed and allowing treasury to print money. Would eliminate the interest payments on the debt. With it comes great responsibility to maintain balanced budgets because all deficits directly inflate.
pirucreek 3 years ago
Abolish the Fed, allow the banks to fail, thats the only thing that makes sense.
louiethegreater 3 years ago