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At the bottom, the Federal Reserve consists of the member banks. At the top, it consists of those regulating those banks. Therefore the entity being regulated
by FellowTraveler 13y ago
At the bottom, the Federal Reserve consists of the member banks.
At the top, it consists of those regulating those banks.
Therefore the entity being regulated, is the same entity doing the regulating.
This Octopus has a monopoly -- unconstitutional and granted by government force -- on the creation of our money supply. Anyone who competes with them in this regard is imprisoned.
How is it that the act of counterfeiting -- an otherwise criminal act -- is perfectly legal for one specific entity to commit?
North Korea is known for printing dollars; the only difference between them and the Fed is that they do not charge us interest on those dollars.