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The private Federal Reserve bank printed 16.2 trillion dollars in 2008 to bail out banks and corporations..?

Corporate Law Discussions

The private Federal Reserve bank printed 16.2 trillion dollars in 2008 to bail out banks and corporations..?

Postby scirwode » Thu Mar 22, 2012 6:16 am

Is it perfectly okay that the Private Bank that controls our money is currently creating trillions out of thin air and giving that money to banks and corporations like Goldman Sachs that then turn around and Buy stocks and commodities, driving the price of them up?

People blame lone day traders like myself for the rising gas prices, when it is the major banks, hegefunds and corporations that are taking the money that the fed gives to drive prices up and reap even more profits.

Instead of passing laws that will put me out of business, why not nullify the Unconstitutional Federal Reserve Act so the Fed can't throw money to all its insider buddies?
scirwode
 
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