Message:

<p>[QUOTE=&quot;bonniview, post: 1983629, member: 38496&quot;]Found this little tidbit for sake of discussion.....</p><p><br /></p><p>How does the Federal Reserve fit in? Jacob Hornberger says that &quot;While the ostensible purpose of the Federal Reserve is to &#039;stabilize&#039; the money supply, its real purpose is to enable public officials to spend as much money as they want by borrowing it and then letting the Federal Reserve pay off its creditors with newly printed, debased, cheapened, devalued dollars.&quot; This means that the Federal Reserve will try to inflate the debt away. Which means that if you lend me one dollar today, when I pay you back in 5 years, the &quot;value&quot; of that one dollar might only be $0.75 in real terms. Smart people realize this and would not lend money to a country bent on inflating their debt away.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in