To: garbanzo
It's such a great scam, the Federal Reserve and other central banks have gotten in on it - it even has a special name called "seignorage".What a scam. What does the Federal Reserve do with all the money they make?
253 posted on
11/17/2007 7:09:14 AM PST by
Toddsterpatriot
(What came first, the bad math or the goldbuggery?)
To: Toddsterpatriot
What does the Federal Reserve do with all the money they make? Essentially, the seignorage income is returned to the US Treasury.
265 posted on
11/17/2007 10:33:38 AM PST by
garbanzo
(Government is not the solution to our problems. Government is the problem.)
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