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To: Toddsterpatriot

Okay, you are very serious but ignorant.

Congress controls the printing of money as per the Constitution. (Congress handed that off to the Fed, a private banking institution, comprised of American and foreign banks.)

The bankers started trying to control the money supply early on. Jackson stopped them when he was president.

However, Lincoln printed green backs to finance the Civil War, which was money based on the faith and credit of the United States government. He did not want to pay the high interest the bankers wanted to charge if he borrowed the money. Bankers did not like that; they reasoned — what if all the governments start doing that? Otto von Bismarck was supposed to have said that the bankers killed Lincoln over that.

JFK said the Fed was treasonous (which it is) and began printing dollars in the same fashion as Lincoln. He started off kind of small and had every intention of ramping it up. The Fed did not like that and quickly removed those bills after the assassination.

You can find pictures of those bills on the internet.

The Reagan administration, early on, was discussing getting rid of the Fed entirely. The Fed is, of course, completely unconstitutional and crooked.


26 posted on 03/23/2018 5:48:28 PM PDT by odawg
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To: odawg
(Congress handed that off to the Fed, a private banking institution, comprised of American and foreign banks.)

The Fed is part of the US government.

Bankers did not like that; they reasoned — what if all the governments start doing that?

Just....wow!

JFK said the Fed was treasonous (which it is) and began printing dollars in the same fashion as Lincoln.

JFK allowed the Fed to print $1 and $2 FRNs, for the first time. JFK was ending $1 and $2 silver certificates.

Just for fun, when did he say the Fed was treasonous? Why? Link?

The Reagan administration, early on, was discussing getting rid of the Fed entirely.

Is your weed medicinal or recreational?

In either case, maybe you should cut back?

27 posted on 03/23/2018 7:04:32 PM PDT by Toddsterpatriot (TANSTAAFL)
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