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Jim Roache
Membre depuis mai 2012
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Did Bernanke Pull a Fast One Last Night? - Tim Iacono - Iacono Research

What astounds me is that most folks don't know that the Fed is private and that money in the US is therefore created privately, with interest immediately owing. History has shown that, as bad as various forms of government can be, that power in private hands is a disaster every time. Why the Fed is not nationalized or eliminated, and the Treasury - under a government that knows the requirements of money creation - is not the way things are done in the US is astonishing.

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Début de l'article :Of all the memorable moments in last night’s 60 Minutes interview with Fed Chief Ben Bernanke, two have remained with me over the last... Lire la suite

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