JD Seller and others. Since 1913 The FEDERAL RESERVE determines Monetary Policy. The government can advise to a point. The Federal Reserve is owned by the banking system and answers to no one. It is PRIVATELY OWNED and not government. The Teasure Secretary is pretty much controlled by the Fed. When you deposit a dollar in the bank it becomes a promissary note. If things get tough the bank does not have to give it back to you The Big Banks CAN NOT fail because 5 or 6 banks own a large portion of our debt, business loans, money in circulation, etc. It really is not a pretty picture. Some key dates are the creation of the Federal Reserve, FDR devaluating gold, and the President Nixon taking us off the gold standard and LBJ Guns and butter policy was the beginning of what we have today. If you read on FED POLICY and Guys like David Stockman and other former government and Fed officials you will be told Dollar will fail. When it hits the wall nobody knows. If anybody has questions, I can remember monetary policy and significant events back to the mid 1950s
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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