4 replies to this topic

[nimblebear]

[PorkLoin]

Wasn't the Fed created with "defending the value of the Dollar" in mind, supposedly? If so, how'd they do?

[Mtrader]

They are a printing machine. They just print. It is their job. Congress says print, they say how many!!

[denleo]

Ask yourself one question: is the country better now or in 1913? If you don't want to ask this question, here is another one to ask: are you making money trading? Honestly. Denleo

[PorkLoin]

Denleo: Ask yourself one question: is the country better now or in 1913? If you don't want to ask this question, here is another one to ask: are you making money trading? Honestly.

Good points, Dennis. My gut feeling is that yes, we're better off now in many ways, relative to the past. Yet I also think that would be true had there been no Federal Reserve Board, and that perhaps we'd be even better off without it.

Yes, making money and these are "good times." The debasement of the Dollar still bums me out some, though.


Best,

Doug