6 ms·
Yes this is the root problem with the credit markets; bad mortgages. However, this doesn't account for the root financial problem of our country that has plagu
by cbrinker 18y ago
Yes this is the root problem with the credit markets; bad mortgages.
However, this doesn't account for the root financial problem of our country that has plagued us since 1913; the federal reserve. These crooks sway the entire economy and have exponentially inflated our currency. The dollar is worthless today. It is worth $0.02 to the dollar of the beginning of the 20th century.
We went off the gold standard, we decided fractional reserve banking was a good thing, and we put in charge idiots and crooks to create a lesse faire market that only benefits them.
Don't believe me?
http://en.wikipedia.org/wiki/Image:USACPI1800.svg http://en.wikipedia.org/wiki/Image:USACPI1800.svg
Usury, fraction reserve banking, and crooks.