Is the Federal Reserve Really a Tax?

Fodal reserve was created to provide liquidity into a system that is under severe o pressures from lack of confidence, lack of money being available. And so the central bank can then create that money and provide that extra lequidity to get you through the crisis. That's what that's kind of a theory almost central banking. During that period, i supported it. In 20 ten, though the us. Economy was starting its recovery, it actually started its recovery, i believe, in the third quarter of two thousand nine. I felt very strongly, having lived through a crisis of the eighties, people lost everything because the reserve had inflated values by printing too much money. So i chose