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

To: beavus
Money loaned out by the fed has market-rational risk removed from it since it is "gauranteed" by the power of taxation.

Government debt and money created by the Federal Reserve are two different things.

99 posted on 10/09/2003 7:30:31 AM PDT by Moonman62
[ Post Reply | Private Reply | To 39 | View Replies ]


To: Moonman62
Government debt and money created by the Federal Reserve are two different things.

Apparently you are under the misapprehension that the Federal Reserve is not guaranteed solvency by Congress should it ever become necessary.

101 posted on 10/11/2003 5:10:09 AM PDT by beavus
[ Post Reply | Private Reply | To 99 | 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