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Brown Cafe UPS Forum
UPS Union Issues
Will the trickle down economics actually work?
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<blockquote data-quote="zubenelgenubi" data-source="post: 3279446" data-attributes="member: 63706"><p>But the constitution does not allow for private individuals (i.e. the fed) to print money. If the fed is allowed to do it, there should be nothing stopping any other individual from establishing their own currency and loaning it out for interest. Why should the banksters be the only ones allowed to own the fruits of our labor down to our great grand children and beyond? Under the fed's "control" our currency has been devalued pretty heavily due to quantitative easing. </p><p></p><p>Devaluing our currency would be the cause of China losing out on interest. Perhaps that's why China is slowing down investments in US currency, possibly even slowly pulling out altogether. The fact that anyone still invests in US debt is nothing short of astonishing. The longer we let this sham continue, the more catastrophic the fallout will be once the problem gets too big for them to control.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 3279446, member: 63706"] But the constitution does not allow for private individuals (i.e. the fed) to print money. If the fed is allowed to do it, there should be nothing stopping any other individual from establishing their own currency and loaning it out for interest. Why should the banksters be the only ones allowed to own the fruits of our labor down to our great grand children and beyond? Under the fed's "control" our currency has been devalued pretty heavily due to quantitative easing. Devaluing our currency would be the cause of China losing out on interest. Perhaps that's why China is slowing down investments in US currency, possibly even slowly pulling out altogether. The fact that anyone still invests in US debt is nothing short of astonishing. The longer we let this sham continue, the more catastrophic the fallout will be once the problem gets too big for them to control. [/QUOTE]
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Will the trickle down economics actually work?
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