i discovered this cool lil video this morning. it explains why the U.S. Economy is fucked right now. I never really understood economics and government that much.. not do to lack of interest but my teachers never seemed to satisfy my curiousity. it'd be dope if yall watched this and confirm it. either watch it or read the little summary i made below it.
ok.. so the Federal Reserved was made entirely by a bunch of greedy rich idiots.. and not the government. These idiots that run it have no interest in the betterment of American, but in lining their pockets. they have control over the U.S. mint which means they control the banks. the banks STUPIDLY give out money to people who cant pay it back. they make money off interest from the loans. most of the borrowers cant pay it back... so they take it from the depositers. they use the depositers money PLUS the interest from the loans to pay themselves and the Feds who loan THEM money and charge THEM interest. the banks come up short on money because of their dumbass system and have to ask for more money from the Feds. the Feds make the Mint print more money to give to the banks. dropping money out of their asses like magic is fucking us up along with people raising prices. the IRS was created by the Feds too. they tax us too much. that money doesnt go to the goverment... it goes to the Feds. the high ass taxes are fucking us up. we sell our homes and shit.. and the IRS tax so much that the money from the sell it less than the cost of the house when they bought it.
THIS IS BULLSHIT!!! what yall think?