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IPFS News Link • Economy - Economics USA

The Federal Reserve's rescue has failed

• Daily Teklegraph
The verdict is in. The Fed's emergency rate cuts in January have failed to halt the downward spiral towards a full-blown debt deflation. Much more drastic action will be needed.

1 Comments in Response to

Comment by Catherine Frances
Entered on:
We need to get out of the Federal Reserve. It is not 'federal' and it is PRIVATE.

We need to go back to the way it was before... U.S. Mint - U.S. Treasury. Backed with gold and silver in this day and age.

The banksters are manipulating our U.S. Dollar to boost up/manipulate the stock market and their OWN banking systems.

Scott tissue (T.P.) per roll is worth more than the US DOLLAR just as I predicted along with other folks. Not the bulk buy - 12 rolls-1,000 sheet per roll - yet. Close but not there yet.

Catherine - Montana