Quote:
Originally Posted by TheDoc
Your lesson is close enough to be correct, not perfect but it does prove my point for the people that can't read. As I stated, under our current system of the Fed Reserve we has never had a crash, and it is now why the system can't crash. Either way, the fed reserve is not why we had a depression but it is one of the reasons why were able to get out of it.
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*summary of above*
"We" have never "had" a "crash" (since the Fed Reserve Act) because I can define "we" and "had" and "crash" to be anything I want.
Oops. There was a depression long ago (some call it a crash) but this "crash" is not the same as the "crash" in my first sentence. That is why the "crash" statement in my first sentence is still true. In fact, the depression was not really a crash at all. It was merely a "momentary depressed economy".
And anyways, the federal reserve only solves problems and never creates them. They would never "crash" the economy and even if something like that occured, we would of course use a different word instead of "crash". This is the reason why "the system" "cant" "crash".
