Friday, February 24, 2012

When will central banks be abolished?

Specifically, the Federal Reserve, as I see a growing movement against this organization and so it is likely to fall first. I am interested in predicting a specific time-line for its demise.



Note that central banks have achieved none of their aims over any period in history and so appear, at best, to be superfluous to the wider economy, if not downright dangerous (source - G. Edward Griffin - The Creature from Jekyll Island: A Second Look at the Federal Reserve). The United States has had periods in the past without a central bank, so this prediction is not without precident.When will central banks be abolished?
Hopefully very soon although it will take people power and most people are cowards.

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