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<p>[QUOTE=&quot;fatima, post: 1210988, member: 22143&quot;]This is nitpicking, IMO, and has nothing to do with the point made.&nbsp;&nbsp; I&#039;ve laid out, in detail the differences between the USN &amp; FRN.&nbsp; You guys haven&#039;t disputed any of it.&nbsp; &nbsp; In regards to political control, I will point out that it worked this way for 130 years in US history during the period of greatest economic expansion of this country.&nbsp; History is not on the side of those who blindly argue for The Fed.</p><p><br /></p><p>Yes absolutely.&nbsp; The reason they get away with their nonsense is because they are not held accountable for their actions.&nbsp; Fannie and Freddie would not be possible if the Fed was gone.&nbsp; &nbsp; &nbsp; </p><p><br /></p><p>I simply can&#039;t imagine why anyone would argue for full control of the currency by a small group of men who are not elected, who don&#039;t answer to any elected officials and who are shielded completely from any public oversight of their actions and who have a motivation to protect those who profit greatly from the entire endeavor.&nbsp; Even a bad elected politician is better than a dictator.&nbsp; &nbsp; Nobody should have this sort of control over the economy and when it has been tried in the past, it&#039;s always led to disaster.&nbsp;&nbsp; Nobody is smart enough to do it, yet here we are, people who believe it must be this way.</p><p><br /></p><p><br /></p><p><i>&quot;One can ignore reality, but one can&#039;t ignore the consequences of reality&quot;</i>[/QUOTE]</p><p><br /></p>

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