Boy do you have a lot to learn about the federal reserve..
To start the name “federal reserve” is a wild goose chase..
They(It is) not federal at all.. it is international..
The fed are private (FOR PROFIT) Banks.. with stockholders and everything..
It is a BUSINESS.. like drug dealers to the American people..
except the drug is money.. fiat money.. money they create out of thin air..
At least a drug dealer has to work a little.. and take chances..
The fed takes no chances and does no work..
An even bigger SCAM than Barak Obama becoming President..
Congress distributes “the Drug” and also recovers payment for the drug.. for them..
Payment is called federal TAXES..
YES.. thats right.. I’m talking to you Republicans as well..
You’re just a “high” as the democrats are.. high on “the drug”..
Independants are “enablers” and Libertarians are casual users..
Listen and learn- http://www.youtube.com/watch?v=1o9LGuaxHfM
My point was that such a plan is a stupid one as the government could simply issue the money itself and not have to pay any interest to any bank. Your reply appears to agree with me while arguing that I'm wrong.
That's awful! How much did the "stockholders" earn on their stock last year? How much did the US Treasury earn from the Fed last year?