Balderdash

Grand Illusion: The Federal Reserve (Part 3)

We should care because that's 'our' wealth and 'our' productivity, not the government's or the fed's. Bankers should live well because they provide wealth building services by matching savers with borrowers, not because we've blindly given them the power to rob us.


On Mar 10 07:28 PM Pirate Jo wrote:

> "Without the inflation, the average individual would have benefited
> much more from these revolutions."
>
> I have no doubt you are correct. But I think this sheds some light
> on why people have been willing to take these abuses. They have more
> comfortable jobs and better incomes than their parents and grandparents,
> and enjoy a better standard of living to boot. If a few "fatcats"
> at the "top" are even richer, do we care? Why should we?