Trump signs executive order to promote investment in urban communities

[idestroyedthetoilet]

I got my **** all wrong I guess. In any event would you agree that it can’t be good that the national debt keeps increasing year after year the way it does? Can debt just be issued with no limits, and no consequences for the taxpayers? Who exactly is the debt owed to? Just trying to wrap my head around the over $20 trillion dollar debt the nation currently has and what it exactly means.

My view on the deficit is "deficits don't matter, until they do". Long post on it later, but basically we are ****ed when our central bank loses control of the ability to control interest rates. They clearly have control over the rates the trillions upon trillions of assets under management make decisions on. If that gets lost, in any country, the currency is in runaway mode. The Fed is our cure, not the problem. We are.

And James, I started out from the exact same line of reasoning you have posted over the years. So while I may be a condescending prick about it at times, I also understand exactly where you are coming from. I found out where I was wrong and talking out my arse.

 

[idestroyedthetoilet]

Are the existing audits made public? Honest question, I have no effin clue.

The audits are from an independent third party. The Fed's books are made public and include a certificate from the auditor. I looked last year's up on google and skimmed it. I was going to post the link for you but cant figure out how to post a pdf link from my phone. It's easy to find googling federal reserve audit 2017. We also have a congressional oversight committee, and the chairman has given testimony to Congress plenty over the years. They are being watched. And one thing to consider, those with big money watch them very closely. So, if you think big money is controlling things, don't you think some lobbying money and influence would do something about a corrupt Fed? They don't all have aligned interests and hell yeah they would. They are business people fighting each other for the highest portion of profits.