Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Mad Scientist
on 28/03/2014, 00:20:11 UTC
From the article:
Quote
For currency to be adopted as a medium of exchange there has to be trust in the ability to honor the underlying obligation and the ability for central banking policy to control inflation.  Historically the Fed has done a remarkable job maintain an average inflation rate of no greater than 2.5 percent.
Wrong. Just DEAD wrong.
Also, the Privately Owned Federal Reserve Bank has destroyed 98% of the USD value since 1913.