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To: Cboldt
Ok, fiat currency it is...by context.

Where does MONEY come from?
Thin air!

Who creates it?
Congress, by unconstitutional means.

40 posted on 02/19/2018 5:45:51 AM PST by philman_36 (Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
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To: philman_36
Congress doesn't create the money any more, it has farmed that out to a private bank.

At any rate, in the context of this thread, I was just opining that "keystone" is a reference to the Federal Reserve / Treasury.

And yep, money comes from thin air. Nothing wrong with that in principle, as long as the creation and destruction is done in proportion to the needs of commerce, and the "money market" is transparent to the public.

42 posted on 02/19/2018 5:49:25 AM PST by Cboldt
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