No, I don't believe this will work. It's essentially a pyramid scheme. The Fed's fractional accounting system doesn't create new money. It increases the memb

No, I don't believe this will work. It's essentially a pyramid scheme. The Fed's fractional accounting system doesn't create new money. It increases the members lending power, i.e., more debt. The St. Louis Fed used to publish a good book on exactly how the Fed works. Might be worth a look.