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To: Steve Van Doorn
The fed loans money to your banker that loans you the money.

That's not true. The Fed is currently lending $140 million to banks at the discount window. $35 million is primary credit, $105 million is seasonal credit. Hardly enough to fund all loans in the US.

Here>>> https://www.federalreserve.gov/releases/h41/current/h41.htm

The primary issue with the fed is how they get their money to loan too the bankers.

The Fed is a Central Bank. Central Banks can create money out of thin air.

61 posted on 08/31/2019 7:30:32 PM PDT by Toddsterpatriot (TANSTAAFL)
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To: Toddsterpatriot

the Fed is the central banking system of the United States of America.


63 posted on 08/31/2019 8:09:45 PM PDT by Steve Van Doorn (*in my best Eric Cartman voice* 'I love you, guys')
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To: Toddsterpatriot

btw - read the upper left side in “Millions of dollars”


64 posted on 08/31/2019 8:16:13 PM PDT by Steve Van Doorn (*in my best Eric Cartman voice* 'I love you, guys')
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