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To: Lorianne

Federal reserve notes are no longer even an IOU as there is nothing they owe you.

Federal reserve notes are 100% fiat currency based on nothing with nothing backing them.


10 posted on 03/19/2014 4:08:32 PM PDT by CodeToad (Keeping whites from talking about blacks is verbal segregation!)
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To: CodeToad

The Fed owns over $4 trillion in guaranteed bonds.


12 posted on 03/19/2014 4:19:17 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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