Is the current economy/financial system good?

So i don't know much really about how does the economy/financial system work. From inflation to government regulations and everything... So the question is, is the financial system good? Or is it only good for those who can take advantage of the system.
Is there a better solution(Bitcoin, cryptocurrencies..)? Or is the curren say US financial system very good, inflation rate of around 2% is needed to drive the economy and so on?

Could anyone give a bit of insight about the topic?

[Rips Bong]

The money's all made up, man.

It's always smart to hedge ya bets son.

But don't forget about making money now, since tomorrow may never come.

Sorry my crystal ball in tha shop.

It is crony capitalism with a hell of a lot of state power Marxist entitlements for window dressing and to keep the wage slaves on their treadmills. The whole financial system is a usury system based on the Canaanite slavery system, and it is run by the same groups of families that have been in power since the times of that empire. Perfected in Babylon by the fakers and usurpers of the true Israelite's. Also known as the "synagogue of satan", the moniker for them that was coined by Yashaya (Christ).

And the stock market? Don't even get me started on that elaborate ponzi scheme mixed with gambling...

So, no I don't like this system and think it is pure garbage. Because it is.

Things are better now than they have been since pre-recession, if that is what you are asking. All politics completely out the window, the economy has been on a steady uphill climb for the past year. Whether the financial system is "good" is dependent on what you are comparing. Right now to last year? Right now to 10 years ago? US compared to other countries? US as a percentage of the world GDP?

Ask people like me and yeah the economy is great. Ask people like @BotMastah and they'll tell you the opposite. It is all dependent on comparisons and perspective.

Sherbert Hoover said:

Things are better now than they have been since pre-recession, if that is what you are asking. All politics completely out the window, the economy has been on a steady uphill climb for the past year. Whether the financial system is "good" is dependent on what you are comparing. Right now to last year? Right now to 10 years ago? US compared to other countries? US as a percentage of the world GDP?

Ask people like me and yeah the economy is great. Ask people like @BotMastah and they'll tell you the opposite. It is all dependent on comparisons and perspective.

Click to expand...

Well I was commenting on the system itself. Not the on the market heading. However, I am old enough to remember a far more prosperous economy, if that's what you meant!

About the market, I don't think it is sustainable and the current trends are only based on enthusiasm. The US dollar will not last much longer without cutting government funded liabilities, which even the current administration refuses to do. (different puppet showman, same masters)

The Federal Reserve is one hell of a business idea, pretty much sums it up.

They probably got the idea from bhw..

[METHOD] Create a central bank thats mostly privately owned and will charge interest on every dollar in circulation, EASY MONEY 100% WORKING ALL DAY EVERY DAY