The Fed is backed by "our individual and collective ignorance". Until we learn, nothing stops.
The "thin air" idea is popular, but doesn't properly convey how they continue to live high on the hog while the ignorant man slaves away his time and energy to enable it. If we knew what was going on, it would come to an end overnight.
I learned what you are speaking about a year ago. I didn’t go into those details.
To keep it simple. The federal reserve banking system is backed by thin air.
It’s a Ponzi scheme
The Fed is backed by "our individual and collective ignorance". Until we learn, nothing stops.
The "thin air" idea is popular, but doesn't properly convey how they continue to live high on the hog while the ignorant man slaves away his time and energy to enable it. If we knew what was going on, it would come to an end overnight.
I agree with you on that.
There is a simple basic answer. And a detailed one like you explained