You have no clue what you're talking about...really. You plainly just do not grasp these concepts.
You're replies are evidence enough you just have no clue, I'd rather you click reply and slam your forehead on random sections of the keyboard then hit submit reply.
Your replies are filled with you're skew opinions on what you feel to be correct, and not based on evidence. The reason i post so much information is because this shit is legit and a real problem most people don't even know about...my point for posting in the first place.
Anyway, ignorance will be highlighted in bold:
Originally Posted by
HybridSS
Ok...obviously I am not going to spend a ton of time on your reply because it doesnt warrant a serious reply. But I will just start right at the top and address the very first one.
What you state above is mostly true. Some of the details are skewed...but lets just assume its accurate for the most part. Now the problem with your post is that you state this information as if you have just uncovered some grand scheme that has been suppressed all these years? Did you recently discover how the Fed works? You realize that the Fed has been in existence...known to all...since 1913? Just because you recently found out it was a joint effort between the govt and private banks doesn't mean the rest of us should be in panic.
This is an opinion and states no facts in regards as to how or why i am wrong, only that you feel i am wrong, and give childish reasons. Starting off strong...
In addition...shares of the Federal Reserve are apportioned by law and do not operate like stock in typical companies.
LOL. Apportioned by law? Who's law? The government that's allowing them to do it? The stocks are owned by privately owned banks, and only have stocks available to the very banks that fund them and hold their shares. You got one thing right...no they don't operate like stock in typical companies. Had you read anything i said or posted you'd know why the rest of what you said isn't even close. I'm not going to explain this again because you seem to retain very little even if you skim read.
So I am not sure what your point when you simply state the structure of the Fed when this arrangement is no secret. Now if you dont agree with the Fed...and lay out reasons WHY this arrangement is dangerous or unethical...then I will listen and discuss the pros and cons of a Federal Reserve system as a central bank. But if you do that...I would also expect you to state an arrangement that would be a better option. Make the central bank under FULL govt control? I think not. Let businesses/banks COMPLETELY run our central bank...I think not. The Fed was designed just as out govt is run...to have checks and balances. The Fed, Congress, treasury dept and others all have a hand in the way our central bank operates. No one entity..wether it be Govt...or big banking can have a lock on making monetary policy. IMO the Fed...while a bit cumbersome in places...seems to actually function well most of the time.
lol...you just told me that unless i discuss this subject under parameters that YOU are comfortable with and that you believe to be true, only then will you have a rational conversation with me?
Also, again you trail off and fail to supply any evidence as to why i am wrong and simply try to explain how I'm not talking about how to fix this stuff, which is an entirely different subject and is not the topic which we were discussing.
Lets just go into one more statements you made
Again...I am not sure if you think you are making some new revalation here? A dollars worth is a function of many factors. A certain level of inflation is also built into the system of capitalism with regards to expansion. But there is nothing necessarily sinister about this. The fact that the purchasing power of a dollar has dropped 27% (taking your stat at face value) has what meaning exactly? That some sinister evil hand is keeping you down? Or could it be more of a function of the rise of of the level of competition from places like China, Japan, India. Your logic in the process seems to be simple "dollar value has dropped 27% since 1998...therefore evil government". Unfortunately its a bit more complex than that.
Again...no facts given what so ever, just more opinions and assumptions, the worst one of all being you think I'm taking an evil government/i hate government approach to this, which is completely wrong. and just another avenue for you to trail off on instead of responding with any sort of real argument.
Last one
Obviously this is a reply to me.. correcting you on your earlier erroneous statement that gold backed up our currency...which you now admit was wrong. Well...you are wrong again....our fiat currency is NOT backed up by income taxes. Our fiat currency is backed by the goods and services offered by the citizens of America. If the US had little in the way of goods and services needed and wanted by people inside and outside our borders....our fiat currency would be better off still being backed by a gold standard. If you were a country like Zimbabwe...that had NOTHING to offer the world ..you would be better off having a gold reserve. Unfortunately Zimbabwe has nothing to back its currency and no services or goods of value either. That is why they were so susceptable to hyper inflation. As long as America has "things" to offer that are desirable, wanted, and needed...then the dollars fiat value is secured. That is also why the fiat value of the dollar has dropped since 1998...other countries now have "things" to offer that are desirable, wanted and needed. The strength of a nations fiat currency in many ways is a direct measurement of the fitness of this parameter. And again...the fluctuations in this parameter is affected by many factors that simply are beyond the control of "the illuminati" simply to keep YOU down.
I don't even know where you're going with this. At best you're trying to explain to me what the government SHOULD be doing....and no shit buddy...they should be doing a lot, but they're not, which is what this topic was about...them NOT doing the right thing.
Essentially, I'm telling you how jacked up some things are that our government does, and how legitimate those accusations are...and you're ignoring everything i say, not researching shit...and trying to explain to me how it's suppose to work.
...lol NO SHIT! I would kinda have to know that to come to the decision that they're doing something different and wrong.
I am not going to address each of your entries... but suffice it to say IMO...the rest are just as far off the mark and seem to be VERY irrational.
Well, i would say 'IMO' but judging from your posts it's pretty obvious you're one cut above shitting and pissing on your self, and have no clue what you're talking about. You barely even grasp the original topic (if you can manage to stay on it).
When you pull your head out of your ass and want to quit pretending you know wtf you're talking about - feel free to actually research these things - do a little more than glance at a website for 2 seconds and pretend to even have a clue.
Congratulations, you've managed to avoid providing any facts, or relative arguments to anything I've said and replaced them with ridiculous opinions.
Sleep well tonight, you've accomplished a lot.
