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RE: Debate - Capitalism Has Not Existed in the United States for Over 100 Years (Qallout)

in #economy7 years ago

My opponent here believes that the Federal Reserve is good for the economy because "MUH ECONOMIC STABILITY", and is in favor of intervention and bailouts for monopolies that fail after being Too big to fail.

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I didn't watch the video..sorry..videos are not my thing.
as your opponent how come, why for

This

if the Fed is good for the economy

He argues that inflation is inconsequential as long as price index stays even. "Monetary neutrality", as he called it.

we no longer use money.
the last attempt was by JFK when his executive order created the Silver Certificate.
They killed him.
Since then there is only debt.