Quote:
Originally Posted by sltr
i'm glad to see that you are actually learning about the fed. i've read that summary before.
however, there is nothing in that document that states the fed is comprised of a bunch of private banks.
it is ONE privately owned corporation with limited regional controls.
not trying to pick you apart on this but if you are going to advocate supporting the end of the fed it is important that you understand what you are against.
also, the *solution* that *end the fed* is advocating - a return to the gold standard - is more than impractical. even if the u.s. owned every ounce of gold on this planet, mars and any other, it would still not cover all the dollars we need to operate.
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It is a move back to the gold standard by legalizing competing currencies. Not shifting to fiat to gold over night.