A conspiracy against the State.

When I see excellence in something or someone, I have to comment. The need to affirm a good job is in my blood. 😊

It helps us grow and improve.

Which really just means grabbing as much power and money as possible and to hell with the country/world.

We're seeing more and more rodents jumping in sardine cans and rowing away from the coming shipwreck.

because the reason the ship sank is the same rodents who jumped ship, chewed through all the wires that kept it from hitting the iceberg.

As if P2025 could have EVER come out of a democratic think tank...this was Heritage Foundation all the way down.

The Fed creates money by Fiat. The idea of the Fed "operating at a loss" is nonsense. They literally can create as much money as they wish.

I don't trust these idiots to microwave water without burning down 3 city blocks.

The people who can create money by fiat, can essentially put that fiat money into the accounts of their fellow banksters. It is literally free money that they can then use to lend and charge interest on. The same people making decisions about the money supply are profiting from those decisions.

If the money supply were controlled by a government bureaucracy, they would likely be too slow to react to changes in the economic situation.

And then if a criminal like Trump came into power, he could simply just start putting money into his own accounts. He is doing that anyway, but at least not by having the fiat currency handed to him.

So there is an argument for the independence of the Fed. But that argument fails without transparency and accountability. This is why people like Ron Paul and Bernie Sanders have been right on the money (so to speak) when they demand the Fed must operate transparently, including passing regular public audits.

This ought to be the minimum requirement for having an independent organization control the money. But as I have mentioned above, the Fed no longer controls the money supply in a meaningful way. The cryptocurrencies are, de facto, part of our money supply. And the insane bubble stocks are behaving, more than any time in our history, like currency. The mag-7 stocks have $23 TRILLION of stock in circulation, compared to only $2.4 trillion of US currency in circulation.