The Fed

Reader comment on: Murdoch on the Federal Reserve

Submitted by Stephen Grossman (United States), Aug 2, 2015 10:53

The Fed (a socialist bank) counterfeits money and credit. Money and credit are real goods (eg, gold, cows) or based on them, that are used as methods of trade. Fed Reserve Notes have no market value, thus the legal tender laws which enforce their use. Small pieces of paper (cloth?) spoiled by ink have no market value (except, maybe to a junk dealer). Virtually all economists are corrupt, mere apologists for govt control of production and trade, ie, fascists, who evade causes ,including man's independent mind, for statistics and math.

Note: Comments are moderated by the editor and are subject to editing.

Comment on this item