Thursday, February 18, 2016

The Central Bank

I was doing some writing about the candidates of this election and pondering who wants what is best for the country and I sort of realized that hardly anybody notices that it's odd that we as a country could be in debt at all! I mean that makes no sense. It would make more sense if we  had borrowed money from another country but that's not where our debt comes from! It actually comes from the Federal Reserve Bank that we are essentially "borrowing" money from! It's absolutely ludicrous. How could there be a foreign body or foreign entity inside of the United states that controls our monetary policy but yet is not owned by the federal government!? I mean wouldn't that make more sense if this bank were actually owned by the government? That way we would have control over monetary policy and we wouldn't be in debt to anyone! Right now we pay like 250 billion a year on interest for our national debt! That's insane! And the debt comes from a bank that lives right here in this country but isn't in the hands of the government! Why is nobody talking about this?! It's like a non issue but it's the biggest issue in our life in America! If the central bank was nationalized wouldn't the economic policy be in the power of the people instead of these shady characters who apparently own America because they lend us money?! It's the craziest thing I've ever discovered in life and yet nobody questions it. It's not even a topic to be considered.

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