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Dear Drax
  • Lucifer Bernanke February 28, 2013 - 12:11 pm #67000 Reply

    You often respond to my comments with a flippant attitude about the private Federal Reserve System. I ask that you explain to everyone on this board why the private Federal Reserve System is good for America. Please address the devaluation of the dollar by 98% since the implementation of the Fed, and your thoughts on the various bubbles caused by fractional reserve banking and the various derivatives that have been created in the past few decades.

     

    I’m very interested in hearing what you say — not in an argumentative way, per se, just to get another opinion on the subject at hand.

     

    Also, please discuss the 10s of billions of dollars worth of toxic debt that is being purchased by the Fed every MONTH (making the Sequester look like Peanuts, which it is).

     

    Thanks!

    novasteve February 28, 2013 - 12:34 pm #67003 Reply

    I liked the comic books the Federal Reserve Bank of New York sent me when I was a kid.

    R. Griffon February 28, 2013 - 3:35 pm #67017 Reply

    Fiat currency FTW!

    LuciferBernanke March 1, 2013 - 2:27 pm #67104 Reply

    Someone tell that Coward to respond lol talks a bunch of trash on the internet with no facts to support his position. Don’t worry your little bubble will pop soon enough, bow to the Banksters

    CourthouseChris March 1, 2013 - 6:35 pm #67118 Reply

    I don’t think I’ve seen “drax” on the Forum posts… so good luck there.

     

    Also, to your 98% statistic above…

     

    And “bubbles” have been around for a long long time, well before the “past few decades”, so your argument is going to have a tough time causally linking it to the financial system you aim to decry.

     

    And did you mean to capitalize “Peanuts” – is it really making it look like the classic comic strip by Charles Schulz?  Because if so, I support it.

     

    HelloMrAnderson March 2, 2013 - 2:19 am #67120 Reply

    Dude, you must be new to the internet

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