Who Owns The Federal Reserve?

[Lifer11]

I don't know if you're ignorant to the reality or just THAT brainwashed.

Or maybe you're eating from the scebario and want to be loyal

But the point is, if you put a different group in control of the mechanisms of Federal Reserve system you get a much different outcome, no?

And vice versa, if those controlling the mechanisms of the Federal Reserve system are aligned with elite corporate and banking interests, you would expect our current situation, yes?

So the solution is to clear out whoever you have to clear out, and put in whoever you have to put in. Simple.

Either you put the incompetent government, whose members lack expertise in the field, in charge of monetary policy or you deal with regulatory capture. The first option isnt an option to anyone with a clue on what the Fed's job is.

There isnt some random group of people capable of overseeing the banking system that have no ties to it that you can tap into to do the jobYou're greatly oversimplifying the solution to the problem.

Everything Should Be Made as Simple as Possible, But Not Simpler - Einstein

The solution of simply replacing the current power structure behind the Fed and other central banks could certainly be exactly what is needed. The problem is would the old axium prove to be true once again, that power corrupts, and absolute power corrupts absolutely. You'd have to put people in these positions that literally have nothing to gain or lose, like buddhist monks, honestly people who would take and keep a vow of poverty, sometning extreme along those lines. Or you'd have to have computers run it, which is what we're heading towards in most facets of life anyway. Then there's still the issue as to who is the computer programmer and who does he/she work for? The government isn't a viable answer when we all know about crooked corporations, lobbyists, and international political donations now being legal.


I'm an extremist in the sense that I believe our current system is at the point of no return and needs to be completely destroyed and rebuilt. I'm aware of my own ignorance, so I know this isn't necessarily the right answer, it's just unfortunately the cynical state of mind I've adopted as I've become more politically aware.

 

[Stealth]

People who are smarter than the other 99% of non-existentialists

you think your smart?

 

[dark_magic]

The debt and the deficit are different. Both are manageable to a point.

The public corporation titled "government of the United States" has always been in debt for most of its existence.

Looking at this from a business prospective, debt would be overall debt and long term liabilities.

Deficit is the difference between operating costs exceeding income with the difference made up through borrowing.

I'm not sure if the debt is "manageable" as is with $17 trillion+ dollars in outstanding debt along with tens (maybe even hundreds) of trillions of dollars more in unfunded and future liabilities.

 

[Lifer11]

The public corporation titled "government of the United States" has always been in debt for most of its existence.

Looking at this from a business prospective, debt would be overall debt and long term liabilities.

Deficit is the difference between operating costs exceeding income with the difference made up through borrowing.

I'm not sure if the debt is "manageable" as is with $17 trillion+ dollars in outstanding debt along with tens (maybe even hundreds) of trillions of dollars more in unfunded and future liabilities.

Yea I know the difference between the two just didnt feel like explaining it, and notice I said manageable to a point, we're getting dangerously close to the tipping point.

 

[OsO]

Either you put the incompetent government, whose members lack expertise in the field, in charge of monetary policy or you deal with regulatory capture. The first option isnt an option to anyone with a clue on what the Fed's job is.

There isnt some random group of people capable of overseeing the banking system that have no ties to it that you can tap into to do the jobYou're greatly oversimplifying the solution to the problem.

Either that or you're making the problem too complex...

The 'ol " this is the best we can do" excuse cmon breh... you can do better than that.

 

[Futuristic Eskimo]

Either that or you're making the problem too complex...

The 'ol " this is the best we can do" excuse cmon breh... you can do better than that.

I didn't say this is the best we can do. My point is that your alternative is not viable whatsoever. "Putting in whoever we have to" isn't even a real plan.

 

[Swirv]

The ultimate hustle

 

[88m3]

#lowerlearning

 

[OsO]

I didn't say this is the best we can do. My point is that your alternative is not viable whatsoever. "Putting in whoever we have to" isn't even a real plan.

Electing different people to hold those offices through the political process is not a viable alternative?

You don't believe in physical revolution or the political process... so you must be content taking that elite d*ck right up the ass huh

 

[tmonster]

sub