Moon Kil Woong

The Problems of a Non-Independent Fed

Well if the general public's assets deflate 50% and the treasury and Fed inflate 100% (already the Fed has increased theitr holdings from 800 billion to almost 1.6 trillion) and then do it again and again, when do we reach the point that 80% of all assets belong to the government and the fed, and even if we make taxes 20%, what would be the difference between a socialist Sweeden and us aside from the fact that even Sweeden doesn't control 80% of all assets in their economy. Sad... don't ever tell me a Republican is always more fiscally conservative than anyone else again.