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[-] Mulligrubs@lemmy.world 8 points 4 days ago* (last edited 4 days ago)

The FED was made to stabilize prices and stop the bubble-bust banking cycle.

https://en.wikipedia.org/wiki/Federal_Reserve

It's been doing a FANTASTIC JOB for over a century!!!

Hmmm... if we could just appoint the right board, I'm sure it would work even better than usual! Bankers are notorious for their charity and would never, ever manipulate "our" currency to generate billions for JP Morgan, whom they worked for before and after their 14-year term that they can't be fired from.

[-] AfterlifeAdventures@lemmy.world 2 points 4 days ago

Um that's not even an American government entity, it's owned by bankers

[-] Mulligrubs@lemmy.world 2 points 3 days ago* (last edited 3 days ago)

Indeed. That's the joke

this post was submitted on 29 Aug 2026
834 points (98.8% liked)

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