Quote:
Originally Posted by Marine1974
Interest only payments on our national debt just hit 1.trillion per year .and they’re getting ready to borrow more . More disturbing is the government borrows 1 trillion every 100 days .
Employment reports indicated layoffs .
The fed if not a branch of government and should not be
determining interest rates . Supply and demand would make banks compete for our $$$$ .
Nixon Taking our dollar off the gold standard was a failure. Our dollar has lost 90 % of its value to the U.S. postage stamp .
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Ain't it the truth? I tired of the manipulation of what should be private money to pump up the way overvalued stock market, which is funny money. If people ever stood back, analyzed and cast a critical eye at what the stock market really is, it would collapse within days, IMO.