Ethos (2011) A documentary that blows the lid off our corrupt system. From criminal conflicts of interest in politics, to unregulated corporate power, to a news media in the hands of multi-national conglomerates, to a military industrial complex that effectively owns our government.

A conversation about our economic problems can't really be taken into context unless a lot of different things are taken into account. It's not just the Fed, the US government, or TBTF banks, but also the very concept of debt and money itself... What is debt? What is credit? What is money?

The answers to these questions and the problems associated with any of the things I listed are far from simply stated in a reddit post. You do a good job of explaining how the Fed functions, but what about all this debt that they print? How does it relate to the functioning of the government, banks and 'us' - the American people - as debtors? Historically, is debt or fiat money even necessary for a healthy functioning economy? Or are we being sold a system that isn't necessarily what is best for the majority of people, but for the benefit of a few?

You can argue how the system of the Fed works, but facts remain facts and that is that 400 people own 400 people own more wealth that in the rest of the 99% of Americans. That fact is staggering. It's reminiscent of feudal, medieval times when Dukes, and Barons owned the majority of wealth.

The problems aren't centered in one part of the system, rather it is the system itself, and debt specifically, that is used a tool to enforce this system. It's not just used within the US, but around the world as a tool of slavery. For example, the IMF taking foodstuff from starving peoples mouthes, when seeking repayment on predatory loans given to emergent economies in the 1980s and 1990s.

What happened to the responsibility of banks to take losses on loans they shouldn't have made in the first place? Why is it that people must die and suffer so that banks can get the money they leant to people they shouldn't have leant it to in the first place? How is that in any way capitalistic?

Describe the Fed and government all you like, but it does nothing to change this the fact is the system is just a perverse way for a few people to control the planet.

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