The Big Bailout: America as a Full-Spectrum Kleptocracy »
Posted By _kam0_ 1 year, 4 months ago in Business & FinanceThe Fed was presented to the public in pseudo-populist drag: It was supposedly the bane of the big banking interests. This was, in every particular, a conscious inversion of the truth. The Fed was, is, and every shall be a product and protector of those interests. It has practically destroyed the value of US currency, and engineered numerous financial crises, including the one currently unfolding.
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