Reborn, right, as lamented by Wilson himself: --Ron W
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." --Woodrow Wilson, after signing the Federal Reserve into existence
We would all do well to heed the wisdom but once people find the pipe dream of printing prosperity, well, sometimes it seems heroin would an easier habit to kick.
Isn't it interesting how many of the people who lament the "wealth gap" and at the same time demand the Fed continue the easy money policy that created it?
Isn't it interesting how many of the people who lament the "wealth gap" and at the same time demand the Fed continue the easy money policy that created it?
That hideous monstrosity should have been shut down long ago.
ReplyDeletePrior to Wilson's treason, the people were doing well. Then
it all went to Hell.
Thanks.
DeleteReborn, right, as lamented by Wilson himself:
ReplyDelete--Ron W
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." --Woodrow Wilson, after signing the Federal Reserve into existence
Sad.
DeleteWe would all do well to heed the wisdom but once people find the pipe dream of printing prosperity, well, sometimes it seems heroin would an easier habit to kick.
ReplyDeleteIsn't it interesting how many of the people who lament the "wealth gap" and at the same time demand the Fed continue the easy money policy that created it?
Y'all have a nice day.
Isn't it interesting how many of the people who lament the "wealth gap" and at the same time demand the Fed continue the easy money policy that created it?
DeleteGood point.