Quote:
Originally Posted by Oxymoron
When the majority of citizens were farmers, or lived in tenamants. Without a strong banking system the US and Europe would not have the great lifestyle we have today.
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Prove it
Besides, I'm not saying that banks are bad, I'm saying that privately held central banks are friggin EVIL! I'm saying that fiat currency is debt, NOT WEALTH and I'm saying that fractional reserve accounting is disastrous.
I'm saying there was and IS a better way. You do know what the meaning of the word "is" is, don't you?
And what is so great about our lifestyle anyway? Are we livin' large cause we have a new car, three TVs, killer laptops? Is our lifestyle so fantastic with our 60-70 hour work weeks? Both parents required to work? In debt until the day you die with no real wealth? And about that home ownership... as long as you are paying with a debt backed currency, you are in contract with the Fed and the Feds, they own a part of it, which is why they can charge you taxes on it. You may not know it, most don't, but you are.
The only beneficiaries to this scheme are large corporations who no longer give a damn about their employees or the American way of life. Look around, it's rather obvious.
Take a look at your history again. The trudge away from an agrarian economy and headlong into the industrial age began long before the Fed existed.