Just read an article about Teabaggers Aiming at Wall Street and it's crazy how far politicians are from understanding how their own country works.
The current problem of our economy is that it's inefficient. information about money travels slowly, money passes from entity to entity only as fast as goods are delivered. investors try to predict where money is going and make money off of the inefficiency. ideas and money can travel faster then products and materials.
Already, grass-roots suspicion of the Federal Reserve Board is fueling the movement byRepublican Rep. Ron Paul to pass legislation requiring that the Fed open its books for a public audit.
The Fed open it's books? The Fed doesn't have books and if they did they wouldn't have to balance. They control money, they make money, they try to control have fast that money moves through our society.The current problem of our economy is that it's inefficient. information about money travels slowly, money passes from entity to entity only as fast as goods are delivered. investors try to predict where money is going and make money off of the inefficiency. ideas and money can travel faster then products and materials.
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