[DontTreadOnMe2009]

Not to worry; the Federal Reserve will save us by printing $600 billion and use it to buy Treasury bonds.

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If the Federal Reserve is not a federal bank but just a private bank with the name “Federal” in it,

like Federal Express,

why do we need them to “print” our money

which we must then borrow from them

and then we must pay THEM interest ?

I don’t understand why we can’t just print our own funny money ...

[goodnesswins]

Hmmmm....maybe we should start...printing our own “funny money.”

[Leisler]

It is against the Constitution for the Federal Government to print money. They are only allowed to ‘coin’ money. Other than a during the Civil War, we coined money, and the country grew in wealth. But, we can not afford it now. So they gave monopoly power to a private company, known as The Federal Reserve, LLC. The value of a dollar has decreased 98% since 1917. We are on a power dive to worthlessness now.

Enjoy.

[bgill]

Do you not know how much an ink cartridge costs?!? I’ll try using monopoly money first.

[Red Dog #1]

The Federal Reserve is what our British cousins call a Quongo. It's an acryonmen for:quasi non-governmental organisation, quasi-autonomous non-governmental organisation and quasi-autonomous national government organisation.

The Federal Reserve is simply a powerful Quongo partnership between banks and the federal government that sets our monetary policy and is relatively unaccountable to elected officials. Scary is it?