“You may say I’m a dreamer, But I’m not the only one. I hope someday you’ll join us, And the world will be as one.” — John Lennon, “Imagine” “Roads? Where we’re going, we don’t need roads.” — Dr. Emmett Brown in Back to the Future ————————————————– [Ed. Note: If you missed Part I of this presentation, you can read an abbreviated transcript here.] As the chart below displays, the Federal Reserve has, since 1913, [...] The State is Doomed…and Other Reasons to be Optimistic, Part II appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .