Showing posts with label currency. Show all posts
Showing posts with label currency. Show all posts

Wednesday, November 20, 2013

End the Fed now! Or, yesterday works good, too.

I'm a fan of a stable currency, low inflation, and low interest rates.

Not everyone.

There are a few people who would strip power from our centralized banking system. I don't know who would set currency value, currency inventory, or interest rates. My personal guess would be Guido the Killer Pimp and his brother Bob the Loan Shark. If there's a bank in every dark alley, I guess we won't need a central bank.

Anyway, here's a good link to a discussion on currency value. At least the value of my favorite currency, the US dollar!