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Federal Reserve records massive losses, makes up fictitious value called ‘deferred assets’ to compensate
American Thinker ^
| 14 Feb, 2024
| Jack Hellner
Posted on 02/14/2024 4:55:53 AM PST by MtnClimber
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To: MtnClimber
Yet the same people attack Donald Trump over the same concept.
41
posted on
02/14/2024 11:50:15 AM PST
by
ViLaLuz
(2 Chronicles 7:14)
To: SecondAmendment
if the FED was created by an amendment to constitution, it is not a Private corp.
42
posted on
02/14/2024 5:00:45 PM PST
by
markman46
(engage brain before using keyboard!!!)
To: SecondAmendment
If the Federal government gets 100% of the profits, it’s owned by the Federal government.
To: Rappini
To: ClearCase_guy
Why not literally print the money without “borrowing” it and running up any interest payments?
That's what Germany, Zimbabwe, and several others have done. You gotta bring a wheelbarrow of $$ to get your morning Starbucks.
To: MtnClimber
The kind of article that results when you know nothing about your subject but soldier on anyway.
The writer obviously imagines that the Fed is another commercial bank and has no idea what a monetary authority does.
46
posted on
04/18/2024 8:05:34 AM PDT
by
Pelham
(President Eisenhower. Operation Wetback 1953-54)
To: ClearCase_guy
Interest paid to the Fed reverts to the Treasury Department. The Fed doesn’t get to keep anything above basic expenses. The Fed doesn’t own their bond holdings. They use them for adjusting the money supply in the banking system.
47
posted on
04/18/2024 9:56:28 AM PDT
by
Pelham
(President Eisenhower. Operation Wetback 1953-54)
To: markman46
You’re confusing the Fed and the Income Tax.
Income Tax required an Amendment. The Fed was created by a regular Congressional bill.
48
posted on
04/18/2024 10:04:15 AM PDT
by
Pelham
(President Eisenhower. Operation Wetback 1953-54)
To: Pelham
OH ok thanks for the correction
49
posted on
04/18/2024 11:35:31 AM PDT
by
markman46
(engage brain before using keyboard!!!)
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