So, why do 12 people get to decide the monetary fate of 330,000,000 Americans? And if you extrapolate this to any nation that pegs their currency to the USD, it directly affects them too bringing the total to billions of people.
Central banking is a scam. Central banking needs to be stopped.
Read Broken Money by Lyn Alden to learn more.
Today the Fed is expected to cut rates by 25bps. This raises a fundamental question: Why should a handful of bureaucrats decide the price of money for 330 million Americans? The Case for Market-Determined Rates In a free market, interest rates emerge from millions of voluntary decisions by savers, b…
