Doesn't the fed appoint the head of the fed (benny b) don't they get called to testify infornt of congree all the time? Are they the largest single source of loans for the govt?
Willful ignorance is the downfall of every major empire in history.
"Political power grows out of the barrel of a gun." - Mao, 1938
Doesn't the fed appoint the head of the fed (benny b) don't they get called to testify infornt of congree all the time? Are they the largest single source of loans for the govt?
"I know you guys enjoy reading my stuff because it all makes sense. "
Dumbest post ever! Thanks for the laugh PO!
some people wont be happy until the goverment regulates everyones entire life.
People who wonder if the glass is half empty or full miss the point. The glass is refillable.
The US Federal Govt wouldnt NEED to BARROW money from the fed in order to conduct its business if it would repeal the act set in 1913. The US Treasury, had the power to create money/ wealth out of thin air, and to regulate the currency. however after 1913, our wonderful govt gave that power away to a prive entity called the federal reserve which we now pay interest on all money we barrow instead of creating our own money interest free.
Willful ignorance is the downfall of every major empire in history.
"Political power grows out of the barrel of a gun." - Mao, 1938
But then again, isn't the FED chairman appointed by the POTUS?
And it doesn't matter eitherway we ahve inflation, which is bad!
"I know you guys enjoy reading my stuff because it all makes sense. "
Dumbest post ever! Thanks for the laugh PO!
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