[mrstackdump]

[flagged]

[colejhudson]

Without the Fed, how would you advise the nation deal with events like the Great Depression, the Great Recession, or COVID? Would you disagree that the Feds actions shortened these events and thus helped the public in the process?

[mrstackdump]

Yes, I would disagree that the Fed has any positive influence whatsoever. It should be abolished and we should solve our problems with policy that relates to them and not pro-capital financial manipulation.

[unethical_ban]

That's a conspiracy I've yet to hear.

[philips]

I have heard shadows of this theory a bit from Jon Stewart over the years.

https://youtu.be/tU3rGFyN5uQ?si=0387L1blOdW2Ttpe

[mrstackdump]

He says it himself! His role its to induce "healthy" unemployment.