THE FED’S SECRET PLAN TO SUCK WORKERS DRY

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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

This plan ain't so secret and also isn't new: It is called "Capitalism" in the sense we have it.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

This plan ain't so secret and also isn't new: It is called "Capitalism" in the sense we have it.

You are absolutely right George, but if I phrase it like that, the economically conservative who make up a majority of saidit users will call me a commie and dismiss this as propaganda without reading it. But they do seem to like conspiratorial takes about the Fed, so I ran with that angle

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

The US FED is the biggest scam that still runs today, I suppose. J.P Morgan had to bail them out of bankruptcy in 1893 or some timeframe like that.

After that, they bailed him out of bankruptcy as a courtesy.

A privately owned Federal Bank. This kind of hypocritical nonsense is only possible on your side of the big pond, i suspect.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Yeah its a giant debt scam. Technically the Fed (i.e. the Federal Reserve Board) is a government agency though, its the 12 Federal Reserve Banks they oversee that are private