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Originally Posted by Mutt
and somehow Robbie I bet you live a better life materially wise than 99% of your ancestors and living relatives.
The Fed has become a favorite boogey man of the conspiracy kooks, it's a far less the clandestine sinister operation than people think. It's the de facto central bank of the United States. There are no countries I know of that don't have a central bank. It's the government that is printing that money, and yes the banks love it.
As long as there are takers for US debt there's no problem, not sure what happens when the day arrives when there isn't. They don't call economics 'the dismal science' for nothing.
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Sorry, but you'll have to convince us that printing up 85 billion a month to keep the money markets happy is a good thing, because that's what's going on.
This explains it very nicely
http://www.firstpost.com/economy/for...n-1296281.html
I just don't see any good in this at all!
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that