Comparing U.S financial system to kuwait financial system

Outline

The American financial system is actually nationalized as the Federal Reserve has become lender of first and only resort, not the lender of last resort, and the U.S. Treasury is a spender and a guarantor of the first and only resort.

The only issue is whether banks and financial institutions should also be nationalized and de jure. The financial system has been transferred to the Federal Reserve Board. The board manages the financial system powers purely speculation group.

This system is private, conducted for the sole purpose of obtaining the maximum profit from the use ...