huffingtonpost.com — The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession, an investigation by the Huffington Post has found.
Sep 9, 2009 View in Crawl 4
absurdistSep 10, 2009
@Probated:A 42 year-old person who joined Digg on September 9th, 2009You guys aren't even trying to hide the trolling any more, are you?
Closed AccountSep 10, 2009
The FACT is, no debt-based fiat currency system in the HISTORY OF MANKIND has survived as a functional system.
endisnigheSep 11, 2009
In just 9 years 2000-2009 1 dollar=1 quarter I believe that drop may be larger than 95%
endisnigheSep 11, 2009
Congressional funding, you got to be f**king kidding me? The Fed gets all income taxes and all income from the US since 1913. Do you not have any knowledge of history? You must have gone to school in one of the US public schools.Quick rundown...........way simplified.The Fed creates money by creating bonds, sells these, than loans out 10-100 times that amount to banks, which they than charge interest on that money they just borrowed. Now here is the sneaky s**t. The US government takes the debt created by those bonds and pays to the holders of that bond interest and the principle. Now the Fed makes money on both the interest of those loans to the banks and the money that the US government pays to the Fed for its interest on the Debt.My estimate of the Fed profit each year 5-10 Trillion DollarsNow that is in good years. In bad economic years they make for 8-15 Trillion.How do you think the stock market has not collapsed?The Fed is buying up anything and everything that is worth value.f**k auditing the Fed. Seize all assets of the Fed and all the Central Banks and all the assets of the owners and employees of these Banks and than hang them all for treason to every man woman and child in the world!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
endisnigheSep 11, 2009
Where is your /sIf not u r a f**ktard.
Closed AccountSep 11, 2009
" Economics, unfortunately, collides with reality -- as it did with the Fed's incorrect reading of the housing bubble and failure to regulate financial institutions. Neither was a matter of incompetence, but both resulted from the Fed's unchallenged assumptions about the way the market worked."
texanrudeboySep 22, 2009
Three decades of domination? Try going all the way back to Biddle. Central banks have ruled countries since their very existence.