Reposting from last bread.
In regards to the FED. What do countries do during war time to their enemies? Do they counterfeit their enemies currency? Yes they do. Do they do it to help their enemies? Of course not. What does counterfeiting money, or debasing, do to an economy, ANY economy?
That's right, the FED, whose whole world revolves around money and the power it creates, debases our currency constantly. Do you think they are trying to help us? I know that's what they say, but do you really think that people whose whole life revolves around money doesn't know what debasing a currency does?
Oh no, they know, no one probably knows it better. The FED is government sanctioned counterfeiting otherwise known as debasing. They know it hurts any economy, they just try to keep that bit of info away from you.
Learn what debasing is and what it does.
Debasing the currency refers to the all too common historical process of lowering a currency’s actual value. In the past, this phrase commonly came to be associated with commodity money made principally from either silver or gold. Should the sum total of silver, gold, nickel, or copper be reduced, then the physical money is called debased. Even venerable institutions like the Roman Empire, with a thousand year history of growth and stability, have stooped to such debasing of the currency.
Reasons that a government chooses to debase the currency in this way center around the financial benefits that the government is able to reap. These are done at the citizenry’s expense though. Governments that lowered the quantity of gold and silver in their coinage found that they could quietly mint more coins from a given fixed quantity of metal on hand.
https://www.financial-dictionary.info/terms/debasing-the-currency/
In short, whenever a government debases its currency, two things ALWAYS happen, inflation goes up, and the economy goes down. EVERY time. So it begs the question, is the FED actually helping us, or is it really helping itself and the people who OWN the FED, which btw is not you or me or even the government. It's a PRIVATELY held bank.