Funadvice Logo
Explore Join
More Politics & Law Questions

Are we all now vassals of the central banks?

With the control of the global economy at the mercy of the better discretion of a few, greedy power brokers, do you feel as though you’re subjected to their whims, or do you still have faith in your free volition to effect a future prosperity?

Become an Expert →
Answer #1

Pretty much. Especially now that we are a service economy. When we actually made stuff the stuff had its own intrinsic value. Now that we are a service economy we handle stuff and take our percentage. We add intangible value. Fiat currency’s value is what the market thinks it is worth and this is easily manipulative. When the economy is booming the wealthy and connected benefit the most. When the economy is tanking the poor and powerless take the brunt of it. It’s a win-win situation for them and a loose-loose for the rest of us. The current employment crisis is largely manufactured. Most corporations are making record profits. Corporations have laid off many of their employees and use the threat of pink slips to get those remaining to work longer, harder, and for less money, benefits, and job security. We don’t have high unemployment because business is doing so poorly; business is so profitable because we are doing so poorly. We have little control of our destiny. Hard work, loyalty, and integrity are no guaranty of success. Our livelihood is in the hands of power brokers and our own needs rarely dovetail with their own.

Answer #2

One could always go back to your founding fathers economy policy where the US economy did not rely on private central banks but the government to issue their own currencies? …Anyway, smart arse comment aside, to answer your question, I do believe we are “vassals of the central banks”…No matter which country we are from, the big banks are the ones who are responsible for printing the currencies and we are the ones who need to borrow from them. Even our own government in Australia needs to borrow money from the private central banks and our own government has to pay back the money they borrowed with interest. Guess who ends up forking out for the interest the stupid government has to pay back to the central banks??…..you guess it, the tax-payers, more damn tax, taxing this, taxing that, the list goes on…I do believe we are at the mercy of the big banks as they are generating their wealth on the back of hard working people, charging us with high fees and the central banks are making billions of profit each year but still consider themselves to be “struggling” under this current tough times….absolutely makes my blood boil.

More Like This
Ask an advisor one-on-one!
Advisor

Central Intelligence Agency

Government, Intelligence, Business

Advisor

Summit Defense

Criminal Defense Law, Legal Services, Lawyers