The good fight has always been the most difficult road to follow. I don’t know where our current trends are leading us. I do believe that the easy credit that the federal reserve promotes through the fractional banking reserve system makes unwise loans very easy to obtain and results in bubbles that go pop, especially for the unwise investor. The fact that the roaring twenties was probably fueled by the formation of the federal reserve in 1913 and led to the great depression seems to be lost on most eveyrone. Personally, I am getting out of all debt, including my home before I invest in positive cash properties and businesses. The fact that the federal reserve has never had its books opened for review also point to one of the problems we face as an independant country.
