/biz/ - Business & Finance

>>14381895
>what is control of interest rate
Get an education fucking loser

>>14381895
yes, the magic of our system is that it was debt based though....so forced the feds to create taxes on citizens to pay off debt
...it was thought that the pain of paying taxes would keep a natural check on the system because ppl would resist and thus lawmakers would spend less.
no one fully counted on idiocracy happening so thoroughly or the effects of R / K selection and IQ implications.

>>14381944
Let the market determine interest rates. The fact that the fed has that power has destroyed our country. END THE FED

>>14382030
Based

>>14382030
better yet, genocide the jews because they'll just keep trying until they're gone.

>>14381895
you poor fool the other countries bank owners are the same people as your fed

it gives more credibility to your locality to have money administered by an apolitical (traditionally) organization that supposedly can't be influenced by the retards who comprise the government. in theory this should help with capital formation as capital is international. so in all actuality, there isn't a reason anymore now that the fed has made it clear they are trump's bitch. we are entering a period where international capital will have to re-evaluate from the highest levels where they should put their money. I would bet crypto is helped by this.

>>14382072
unironically

>>14381895
So the Jews can run the country

>>14381895
jews

>>14381895
anti-semite!

>>14381944

Why do we need an interest rate?

>>14381944
>>14383370

Ooops I mean why do we need to "control" the interest rate? If it happens it happens. Fuck.

>>14381944
You have no power here.