Asking the Fed about their system is like asking criminals in jail if they are innocent or guilty pretty predictable what the answer will be.You're right about one thing the value of their currency does change but I don't see it as good when it constantly looses its ability to buy things when people save for years thinking they'll have something.So you tell me how is the US Gov't going to pay off all its debts and meet all its obligations any other way than to keep flushing Dollars into the system at 0 per cent interest? Do you really think other countries around the World will keep accepting these Dollars? Would you buy stock in a company thats owes Trillions and just keep issuing more stock to raise operating money? Gold has out lasted paper money in countries all over the World the US is no different just bigger.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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