Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Texas Songwriter

If you know of an illegal counterfeiting scheme coming out of the Federal Reserve then you should report them to the FBI promptly. ;-]

Fed doesn’t print money. The US Treasury prints money.


29 posted on 08/13/2015 6:30:01 AM PDT by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 24 | View Replies ]


To: 1010RD
I believe the Congress approves the selling of a certain quantity of bonds. They empower the US Treasury to sell a certain amount of debt (bonds). Treasury then sells bonds to the (mostly) international banks who market the bonds (to international banks, some foreign countries, and at times some hedge funds.

So do I really need to go through all of that that most people on this thread already know or do I need to attend to an anal retentive declaration like you make.

I do believe,however the Constitution of the United States specifically spells out what money is and who has the authority to create money and what it is to be created from. But we are not talking about that, are we?

30 posted on 08/13/2015 9:03:02 AM PDT by Texas Songwriter (awaki)
[ Post Reply | Private Reply | To 29 | View Replies ]

To: 1010RD
"If you know of an illegal counterfeiting scheme coming out of the Federal Reserve then you should report them to the FBI promptly. ;-]"

The Federal Reserve Bank is not Federal, has no Reserves and is not a Bank.

35 posted on 08/13/2015 10:54:43 AM PDT by blam (Jeff Sessions For President)
[ Post Reply | Private Reply | To 29 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson