> Jim Devine / "The conventional view serves to protect us from the
> painful job of thinking."   - John Kenneth Galbraith

What I am trying to do is precisely what Galbraith suggests, that is,
to deviate from the conventional view. With that, think the below
statement again:

> I'd say that the Fed is a government-sponsored cartel of banks.

Sooner or later, private banks in the US will have to be nationalized,
because they are harming the US hegemony. Chinese banks are public and
China is doing much better. The governing elite of the US may have
noticed that, who knows?

Best,
Sabri
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