Monday, May 4, 2015
Fed
The federal reserve is a very bad thing for american people. This "central bank" as some call it, use the monetary policy, which is the creation and destruction of money as it goes in and out. The federal reserve is responsible for inflation and deflation to keep the economy stable. People are fooled into thinking this is beneficial to american citizens, this is not the case. Thomas Jefferson warned us about this and said it would leave our generations to come in debt. As of today, the goverment is nearly 18 trillion dollars in debt. The government receives loans from the federal reserve causing the constant change in percentage on taxes. This is why the middle class is highly affected because they cant make more money due to the taxation. By the government letting this happen, the federal reserve has complete control of the financial issues America has to deal with. The federal reserve will eventually have complete control due to our struggles in paying debt, which will deprive american citizens of their freedom.
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