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Re: When Central Banks Rule the World Part – Joan Veon

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  • Thu, Oct 22, 2009 - 07:01pm

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    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: When Central Banks Rule the World Part – Joan Veon

FinPro,

I haven’t seen you refute any of the specific facts that Joan discussed.  The videos are full of dates, names and events – where is she wrong?

As far as central banks are concerned, I think strabes hit the mark.  Not to pile on, but I’d like to ask you several questions regarding the Federal Reserve:

  1. Why does the U.S. borrow money created for virtually free, and with no backing, from private banks at interest when we have the sovereign power to create the money ourselves for free?  If the U.S. can back and issue bonds, why can’t it save a step and avoid any debt by issuing dollars instead?
  2. Who owns the Federal Reserve, and more importantly, who owns the omnipotent New York Fed?
  3. Are conflicts of interest a moral hazard?
  4. Is our problem that we have too much “fiat” money or too much debt?

Larry