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To: Enlightened1

“FEDERAL RESERVE FUNDED FINANCIAL INSTITUTE

“Let that sink in for a minute. Got it? They’re using your tax dollars to f*ck over the lower and middle class, and its permanent.”

The Federal Reserve doesn’t use tax dollars. Any income it generates above basic expenses reverts to the US Treasury. And I fail to see how they could be involved in this scheme since the Fed isn’t an investment bank.

Other than that it’s an interesting article. Sounds like what has been happening in the Southern California real estate market, except that we also have a lot of Chinese investment money driving up prices.


20 posted on 06/09/2021 9:14:15 PM PDT by Pelham (Liberate the Democrats from their Communist occupation)
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To: Pelham

The Federal Reserve is a private banking cartel that is exempt from anti-trust laws. The myth that they return all of their excess profits to the Treasury is just as mythical as Biden’s victory in November.


33 posted on 06/09/2021 9:53:59 PM PDT by MercyFlush (A wise man once said nothing. )
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To: Pelham
"...interesting article."

As in interesting but disastrous times or "interesting" on how cool these hedge funds are making profit by disrupting the real estate market and turning the middle-class into serfs combined with laws that arose from the derivatives these hedge funds are taking advantage of cluster f* that should lead to some violent incursion soon with inflation breathing down very hard.
73 posted on 06/10/2021 3:22:45 PM PDT by rollo tomasi
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