Economics & Racing Beyond Our Means

Dick Butler · 04-14-2008, 07:16 AM

The FED Boy what an unbelievable organization. I sat up last night watching the video available on Google about how the FED works. NOW I understand how the government keeps getting us in more and more debt. I admit I knew nothing about this. To quote a phrase in the video" legalized counterfeiting " They create our money and are under NO ONES CONTROL but their own business and profit motives. Kind of like the artificial supply and demand of oil created by speculation and stock market. EVERYONE needs to watch the video with Ron Paul regarding the lack of GOLD support for our currency and this explains why our money is being devalued in relation to other countries...
Some discussed the poor money knowledge of physicians in a econ class. I had a partner who made extremely good money who had his wife meet him at work as the check was distributed so she could deposit it to cover their checks on her way home.....Unfortunately common sense is not evenly distributed to people at ANY level of education. Some with the least street smarts and common sense have made it quite far in education and the professions.
Great thread....
Dick B.

04-14-2008, 07:16 AM	#31
Dick Butler VIP Member Join Date: Oct 2002 Location: Richmond Indiana Posts: 1,196 Likes: 5 Liked 32 Times in 19 Posts	Re: Economics & Racing Beyond Our Means The FED Boy what an unbelievable organization. I sat up last night watching the video available on Google about how the FED works. NOW I understand how the government keeps getting us in more and more debt. I admit I knew nothing about this. To quote a phrase in the video" legalized counterfeiting " They create our money and are under NO ONES CONTROL but their own business and profit motives. Kind of like the artificial supply and demand of oil created by speculation and stock market. EVERYONE needs to watch the video with Ron Paul regarding the lack of GOLD support for our currency and this explains why our money is being devalued in relation to other countries... Some discussed the poor money knowledge of physicians in a econ class. I had a partner who made extremely good money who had his wife meet him at work as the check was distributed so she could deposit it to cover their checks on her way home.....Unfortunately common sense is not evenly distributed to people at ANY level of education. Some with the least street smarts and common sense have made it quite far in education and the professions. Great thread.... Dick B.