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Causes of the World Financial Meltdown?

Jun 22, 2009 6:22 am

re: Causes of the World Financial Meltdown?

Alan Walsh

Even more fundamentally than gutting the financial regulatory system, the Fed & the Treasury collaborated in the massive money creation (and consequent debt creation) that fed the deregulated monster they created. That same policy of "printing their way out of trouble" is being exercised now; with massive current & future consequences to come. The Fed, a private bank run by bankers for the benefit of bankers, should be shut down.

Private Reply to Alan Walsh (new win)

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