Re:Twitter sues U.S. government over ability to disclose sur...
by adventured on Wednesday October 08, 2014 @04:39AM
(#8425879)
It's not just the bankers that were spared of course, all the politicians that were partially responsible for the economic melt-down were shielded as well. From Greenspan to Clinton, nobody in D.C. was touched either.
The Fed has caused more destruction of wealth in the last 20 years than all the private sector bankers in US history have combined. Not a single person from the Fed will ever, nor has ever, gotten into trouble for it. They can destroy the US economy with insane rates, QE, stimulus measures, you name it. They can debase the dollar and steal trillions in savings from average Americans. They can encourage incredibly dangerous asset inflation and speculative behavior with 'free' money policies, and nobody will ever do anything about it.
The Fed has caused more destruction of wealth in the last 20 years than all the private sector bankers in US history have combined. Not a single person from the Fed will ever, nor has ever, gotten into trouble for it. They can destroy the US economy with insane rates, QE, stimulus measures, you name it. They can debase the dollar and steal trillions in savings from average Americans. They can encourage incredibly dangerous asset inflation and speculative behavior with 'free' money policies, and nobody will ever do anything about it.