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re: Why do we have a Federal Reserve?

Posted on 1/19/19 at 10:56 pm to
Posted by scrooster
Resident Ethicist
Member since Jul 2012
42348 posts
Posted on 1/19/19 at 10:56 pm to
Wanna know about why we have a Federal Reserve? Read a book titled “The Creature from Jekyl Island.”

It’s a fascinating story, not revisionist history but rather a chronological record of how we’ve gotten to where we are today with The Fed.
Posted by Powerman
Member since Jan 2004
170791 posts
Posted on 1/19/19 at 11:01 pm to
Now I'm curious since you're about the 3rd person to reference this book
Posted by Richleau
Member since Dec 2018
4166 posts
Posted on 1/20/19 at 12:10 am to
Milton Friedman on the Fed
This post was edited on 1/20/19 at 12:14 am
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92902 posts
Posted on 1/20/19 at 12:17 am to
quote:

I clearly remember learning in 8th grade about how hard Andrew Jackson fought the Second Bank of the United States


Black schools teach this in the 8th grade? Come on bro...
Posted by LSURussian
Member since Feb 2005
133733 posts
Posted on 1/20/19 at 1:19 am to
quote:

If you weren't so lazy, you could do a search and get your own.
Oh, I’ve seen those loon articles many times. I just wanted to see which one you cherry picked from. As usual you refuse because you don’t comprehend what you’re reading.

Stay paranoid. It suits you.
Posted by just1dawg
Virginia
Member since Dec 2011
1494 posts
Posted on 1/20/19 at 1:28 am to
quote:

That’s why we have a Federal Reserve.


Meanwhile, the dollar has lost 96% of its value in that time.

A dollar in 1913 had the same buying power as $25 today.
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