Monday, 16 October 2017

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A Daily Dose of the Fed’s Insanity

Posted by
December 5, 2011
in Blog

Jon Stewart of the Daily Show sits down with Professor Butterscotch to discuss the loan of $7,700,000,000,000 to the banks at 0.01% interest, which they duly lent back to the government for 3%, or 300 times the amount they borrowed at.  I would say that this is an example of “YOUR TAX DOLLARS AT WORK,” but being loaned money at 0.01%, only to RE-LOAN IT BACK to the entity that loaned it to you, but for 300 TIMES THE INTEREST RATE hardly qualifies as working, does it?

Although this is the Humor section the Sound Money Project, we feel compelled to spoil the mood a bit.  Without sound money the people of the world are robbed every second of every day and made into de facto slaves of the world’s worst.  If for you, like for us, even Stewart’s hilarity can’t keep back the bile and the tears, go to our Book section, our video section, our Scholar’s Corner section – learn all you can about sound money, and then fight for it.

Now, that Humor we promised…

One Comment

  1. @TBlando March 14, 2013 5:09 PM

    Making fun of this is despicable. Only the American public could laugh at their own demise. Stewart is part of the media and therefore placates the sheep with their own laughter.