So the #FED exists by now for around 110 years. Let's look at their track record:

Eliminating ALL the ‘minor downturns’, and ‘hiccups’ in the economy since its creation, and ONLY picking up the ‘official’ recessions and depressions, there have been, out of that 110 years of ‘management’ of the US national currency, 44 years, and 7 months we have actively been involved in either a recession or a depression. So nearly half the time the Fed has been running things, the economy has been in the shitter. Not a good score.

And the real horror of it is that if we were to include all the minor downturns, we would discover that those would more than DOUBLE our time in that shitter to over 89 years and 5 months.

Not very good managers if they are in crisis mode 80% of the time.

Individual adoption of #Bitcoin fixes this! 😉