Post
Topic
Board Economics
Re: Is it true that the Fed is privately owned
by
Alpaca John
on 31/05/2013, 18:35:21 UTC
To those of you who are still of the impression that the Fed is not privately owned, and that government is the problem, I urge you to watch the documentary The Secret of Oz: http://youtu.be/swkq2E8mswI

Before you dismiss me as some leftist statist or whatever, the documentary is made and narrated by Bill Still, a libertarian: http://still2012.com/

Please watch.

What about those of us of the impression that the Fed is "privately" owned, and that the government is the problem?

Monopoly is the problem, the market is the solution.

Sorry, that was a dumb typo. I'll fix that. (The Fed is privately owned indeed, is what I meant to say.)

Edit: Fuck never mind it was not a typo at all.

To those who think monopolies won't exist on a free market, I'd say: I think you are very wrong.