Musk promotes Ron's call to end the Fed

[ClaytonB]

Certainly the federal reserve is profitable. It's the most successful in the world.

If there were a more successful alternative it could emerge outside of the boundaries of our law and it would overtake the dollar.

This is the dumbest thing I've read all day. And in Clown World, that's saying something...

 

[nikcers]

This is the dumbest thing I've read all day. And in Clown World, that's saying something...

We have competing currencies in the world so it's not a baseless argument.

Neither is my argument that after the FED was created millions of Americans became wealthier and had more access to disposable income and gainful employment.

It was real common back then to work a job and not gain anything from it other than to pay for the cost of you to survive.

They called it slavery through employment.

 

[ClaytonB]

We have competing currencies in the world so it's not a baseless argument.

Neither is my argument that after the FED was created millions of Americans became wealthier and had more access to disposable income and gainful employment.

It was real common back then to work a job and not gain anything from it other than to pay for the cost of you to survive.

They called it slavery through employment.

Nothing has changed, except they slapped more chrome on the few goodies you can afford before you die, to make it a little easier to pretend to yourself that you're not a slave.

The one currency that is not allowed to compete with the Fed is gold (and silver). That is why these are not allowed to be legal tender, contrary to the Constitution. All the other fiat currencies are all part of the same global counterfeiting racket. China and Russia (and their economic allies) might be argued to be in genuine competition with the USD, but that's it. Everything else in the West (and its colonies) is part of a single, central-banking monolith, headquartered in the Federal Reserve. It is the biggest racket ever, by a lot.