Oh glorious day!

Lets take a moment to celebrate all that the Federal Reserve Bank has given us.  Can you think of any?  Let's see, Income tax.

Here's today's paper

http://www.mercurynews.com/business/ci_24781649/federal-reserve-turns-100-mission-quite-different-than

I liked the U.S. Constitution when it allowed representatives to control inflation.  We elected economists not beer buddies.  I don't know, maybe It's not such a bad thing.  It wasn't the Bank of Englands fault for the American Revolution right? Actually it was.  That's why our forefathers warned us about central banks.  That's why we've killed two in the United states already.  They're dangerous and powerful.  Designed to save financial systems, they cause more depressions than anything.  And why not? 

This thread was slipshot I know,  But I don't care.  Nobody listens to warnings about the FED or Bank of England.  Propoganda is too mighty.   I don't care about conspiracies like Rothchilds or Iluminati.. I just care about power, liberty, and prosperity.  End the Fucking Fed.

100 years to long, End the Fed.

People don't like the fed. I get that...

I don't see a better option however.

an asset based currency like the gold standard seems impossible in the modern world... and countries without central banks or that have had direct government control of them have been unmitigated disasters who end up selling out a countries long term future almost immediatly to get out of short term debt/be able to short term spend.

The Fed is really just like the Supreme court, and is independent for the same reasons. (Those who think it's not a government organization and is privately owned generally don't know what they're talking about... )

That's "Happy 2330th birthday" when adjusted for inflation.

Don't miss these 100 year old deadly accurate newspaper cartoons!

http://www.mathaba.net/news/?x=627887

Damn nothing changed in 100 years

what do you mean by modern world?

technology changes but the fundementals remain the same

the central bank can be there but it should be under the tresury not above it controlled by international bankers.

and gold standard can easily function,it limits money printing.

all empires in history have had gold standard and still been empires and able to expand.

all FED and all the world organistions do is allow government spending on welfare state and they are taking the entire world into world communism,nothing else.

the entire economy today is rigged,not jst US economy but the entire world's economy.it is one big ponzi scheme

A)  A world in which the value of growth in services, virtual goods an manufactured products FAR exceeds the amount of hard resources required to value them.

B)  The Federal Reserve isn't controlled by international bankers.  The President elects the people who run the Federal Reserve.  Bankers and people with finance degress are often chosen because well... people with banking and finance degrees tend to know the most about   It's like complaining that a doctor was made surgeon general.

C)  There have been more products and wealth created in like... the last 20-30 years or so then have been created in the rest of human history.

Comment of the year.

In theory, I don't mind the existence of the Federal Reserve. A fixed currency has difficulty adjusting to increases in population and economic activity. If all the Fed did was monitor economic activity and adjust the currency to meet demand for transactions, it'd be fine. Their other meddling (i.e. QE) in the inner workings of the economy ends up harming much more than it helps, however.

a)please explain?

B)it isn't?where does all the interest go then?banking and finance degree's for what,what does a person need to learn to print money.they are all crooks.if one after another a jew(not being racist or anti-semite,jst hinting towards alot of online and real world conspiracies) is elected as the FED governer,i don't think the president is electing anyone.

c)wealth is never created or destroyed,it is merely transfered.on the other side money can be printed out of thin air and created big time and that surely has happened.