Politics
Out of context: Reply #31651
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- bliznutty1
if the Federal Reserve has 'infinite money' and can bail out corporations and private banks in the number of trillions of dollars - have you ever asked why they intentionally let Lehman Brothers fail in 2008 without a bailout while all the other dirty players in the game actually got a bailout? the Fed's role is to provide 'stability' in financial markets?! This was also intentionally done in 1929 before the great depression. Central banks privatize gains through compound interest/loans and the appearance of stability and then socialized the losses after they refused to bail out their own banking industry they helped prop up.
Look at it! Out-of-control government debt, explosive financial bubbles in the form of private/corporate debt. This is better known as boom and bust cycles - recessions and depressions will starve the population until that country rewrites their laws in favor of paying off the interest of that debt - just like the New Deal - it's already been done in the past!
my question is: if debt is just debt and that is how is money is created and it's infinite as they fed says it is, then why does the fed get to decide who fails who gets bailed out? especially if it's the people who suffer. to me this is blatant daytime robbery and scamming at the highest level of our society
- The idea that it’s infinite has only gained recognition recently, and is still not widely agreed upon.********
- The theory has gained most of its popularity post 2008-bailout********
- Not that your wrong about robbery. For example, the Fed could have paid off mortgages instead of banks********
- *you’re********
- yeah it's not crooked at all LOL. you're all nutty conspiracy theorists! https://www.youtube.…bliznutty
- Crony capitalism to the rescue!utopian
- deathboy will try to explain but will just ramble incoherently as he furiously mashes his keyboard while his mom heats up fish sticksmonospaced
- One of those questions u hear on tv so out of tune with understanding u get a non a response... So yea fishsticks I agree with those and yet not a fan********
- The idea that it’s infinite has only gained recognition recently, and is still not widely agreed upon.