Thursday, February 21, 2013

Professor: Federal Reserve System Isn't Working

Sincere Thanks to Professor Horwitz for pointing out what most people fail to see...  The banking system is a monopoly... 

Professor: Federal Reserve System isn’t working

By CHUCK MASON The Daily News

America doesn’t need a central bank like the Federal Reserve System and might be better off seeking other alternatives.
“Debt isn’t the problem,” Horwitz said. “The problem is you have a monopoly-based system. Banks can’t lend what people don’t give them. The attempt to provide money through a monopoly doesn’t work.”

No comments:

Post a Comment