re: Is the Federal Reserve Collapsing?

Grim — Sun, 23 Nov 2008 13:09:36 GMT

How can the Fed collapse? It's not a bank, has no reserves, etc. Just a trick. It can't collapse, because there's nothing to collapse, unless the people get fed up. Forget gold, it's owned by the worlds richest people. The money isn't just printed and given out either, it's loaned out at interest. Totaly insane! How do you pay back? More loans? The problem is not that it's not backed by anything. It's the mad implementation. AFAIK The Bank of England is the same scam, not shure though. Ban the corporation, in it's current form, it's a danger to life. People need to be personally responsible for their actions, but in the big bullies/mobs we call corporations you have "limitied liability". Shut down the casino they call "stock exchange" or "bourse".

re: Is the Federal Reserve Collapsing?

Miss Bliss — Fri, 21 Nov 2008 20:40:30 GMT

History tends to repeat itself.

re: Is the Federal Reserve Collapsing?

Mitch — Fri, 21 Nov 2008 13:58:31 GMT

Thsi country is in a meltdown because of all the money that is being printed with no backup standard. Let us seriously think about going back to the gold standard where our money is worth something, rather than nothing