The FED’s Dilemma

I think the proper conclusion is that the people are in a very bad spot.

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8 responses to “The FED’s Dilemma”

  1. As Ron Paul ALWAYS advocated and others have continued to advocate – AUDIT THE FED (so everyone knows just how HORRIBLE their CRIME SPREE has been since 1913, etc.) and then ABOLISH THE FED. It is an UNCONSTITUTIONAL handoff of currency controls to unaccountable foreign banksters (we ALL know who), that should NEVER have been allowed. But in 1913, the nation was being actively destroyed by the Progressives in BOTH parties and the courts were doing NOTHING to stop them.

    1. Yes. Audit and dispose.

    2. DWEEZIL THE WEASEL Avatar
      DWEEZIL THE WEASEL

      “But in 1913, the nation was being destroyed by the Progressives in BOTH parties, and the courts were doing NOTHING to stop them.” True. Now try to get even one upright and breathing American to read THE CREATURE FROM JEKYLL ISLAND. Most of the Sheeple can tell you who is Tay-Tay’s latest squeeze but do not even know beans about their government, world geography, economics. I saw it as a Peace Officer and as a schoolteacher. Amerika ist verloren. Bleib ubrig.

      1. This guy thinks the inflation rate is below 4? I don’t know who this Adam guy is, but his opinion is not worth reading.

        1. With apologies to Disraeli and the other alleged authors….”There are three kinds of lies: lies, damn lies, and (government) statistics.” – Benjamin Disraeli (or Mark Twain or others).

          When you KEEP changing the way inflation numbers are calculated to cover for the truth, it is near impossible to assess them for any level of accuracy. He picks “below 4” because someone with authority and data stands behind the number. We all know the truth.

          1. They’ve changed the definition of inflation such that supply and demand fluctuations = inflation/deflation.

            Money supply is meaningless and everything Milton Friedman said or might have said is exactly backwards.

            Also lowering rates fights inflation (just like Volcker did, right?).

            Up is down, black is white, dogs and cats living together …

        2. Inflation has to be below 4 because the SS increase was only 2.8, right??

          1. And then you throw in COLA “MOTIVATORS” and FOR SURE the numbers are going to look “rosey.” As if lying before the next election cycle wasn’t bad enough.

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