Re: [RLC-Action] Do we really need the Fed?
- On Tuesday 02 December 2008 08:47:30 am John Conway wrote:
> If these bankers had used soldiers and guns to wage a successful war onDon't blame the bankers. That's just old fashioned classism in another guise.
> our republic, then maybe people would begin to get the picture of how we
> were defeated. Then, and maybe then, we would begin to realize that we
> have been plundered. There is more ways than one to wage war. We lost,
> get used to being the vanquished. 1933 we declared bankruptcy to these
The problem is not bankers, but the government which has given a *few* bankers
(the Fed) a legal cartel over the money supply.
We will never get anywhere as long as we continue to blame wrong parties. Take
away the Fed's legal monopoly, which was granted to it by government, and it
ceases to be a problem.