Do you think the Federal Reserve is irrelevant?

Written by on November 11th, 2009
debt crisis
sweetgirl asked:


Unemployment is at 20%, the debt is huge and the dollar has lost 96% of its value. They have failed by their own standards.

When they first came in they said they would never allow a crisis happen however we have had 2 major crises on their watch. Now they say they need more power.

I don’t think we need them.

Your thoughts?
Real unemployment figures are at 20%. It is the governments’ rosy figures that are low.

When they came in they said the economy would never be in a mess since they are in charge.

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