Replies

To: Tailgunner Joe

The “Federal Reserve”. It’s not federal and there are no reserves.

Formed originally to protect a group of insider bankers who worried they might become obsolete.

Bitcoin is an interesting development.

10 posted on 10/09/2013 7:45:45 PM PDT by Aria ( 2008 & 2012 weren't elections - they were coup d'etats.)

To: Aria

It’s not federal and there are no reserves.

Right. As long as you ignore $1.9 trillion in Treasuries, $1.3 trillion in MBS and $340 billion in gold.

16 posted on 10/09/2013 8:19:37 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)

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