“‘It is hard to imagine a world,’ says the unimaginative study, ‘where the main currency is based on an extremely complex code understood only by a few and controlled by even fewer, without accountability, arbitration, or recourse.’ Blink, blink. This is the Fed talking here. Talk about complex. When the Fed governor speaks in Congress, he (soon she) speaks in such a blithering array of econ-babble that no one dare respond, for fear of seeming ignorant. It’s like the first day of an Intro to Physics class. The professor asks if there are questions, and everyone sits in terror. In a half-century of this nonsense, only Ron Paul ever really dared to ask serious questions of the Fed.”
http://lfb.org/today/has-the-fed-met-its-match/
Related posts:
Wind farms are a breach of human rights says UN. No, really.
Pepe Escobar: Dogs of war versus the emerging caravan
Obama’s Latest Arguments Do Not Hold Water
Chechens?
Trump Stands His Ground Versus The War Party
Bill Bonner: Why the Sell-Off in Gold is Good News
Jeffrey Tucker: The Great Deficit Ruse
Dangerous Organizations of the National Security State
Facial Recognition Toll Booths Identify Drivers And Passengers, Notify Police In Seconds
Merchants of Death: America’s Toxic Cult of Violence Turns Deadly
It’s Time to Focus on the "School" in "School Shooting"
India's falling GDP growth, financial inclusion and likely impact on Gold
The HSBC Debacle - A Double Whammy Of Political Risk And Hypocrisy
The NSA-DEA police state tango
Ron Paul: The Death of Daniel Somers
