General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Ray Bod
Bloomberg Television
comments
Comments by "Ray Bod" (@raybod1775) on "Fed's Kaplan on Virus Pandemic's Impact on Economy, Oil Industry" video.
No more Federal Reserve Notes. Federal Reserve needs to be ended because its abused its powers to save businesses which should go bankrupt. Bankruptcy is a part of the Capitalist system. Currency needs to go back to being Treasury Notes. The Federal Reserve helped make this crisis worse by keeping interest rates too low for too long simply to prop up stock prices. We need another Glass-Steagal Act to force banks to be more honest. Their inflation figures are lies with their 'replacement' items saying one product is equivalent to another. The people paying for all this money printing and propping up the financial sector is the average taxpayer.
1