Comments by "craxd1" (@craxd1) on "Bank Crisis Must Go On" video.
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The Fed is, essentially, a collective, and yes, I mean it in "that way," in cooperation with the Fed Gov. You can see in it what occurred within Germany over central or collectivized banking, where their inflation skyrocketed, and the people were wheelbarrowing in cash to buy groceries. It happened in the Soviet Union, and in Venezuela, too. Inflation spikes, and the dollar loses its worth. It's simple economics.
Socialists have never known how to handle economics, as their ideas have always been based upon logical fallacies going back to the days of Marx. Every year, more people are being sucked into their utopian cult, where Bertrand Russell wrote this in History of Western Philosophy; quote:
To understand Marx psychologically, one should use the following dictionary:
Yahweh = Dialectical Materialism
The Messiah = Marx
The Elect = The Proletariat
The Church = The Communist Party
The Second Coming = The Revolution
Hell = Punishment of the Capitalists
The Millennium = The Communist Commonwealth
End Quote.
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