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  • August 18, 2011 at 3:24 PM #722230
    Arraya
    Participant

    [quote=briansd1][

    Are the Fed’s debts the same as the National Debt? Or are the debts of the Fed in addition to the National debt? Who did the Fed borrow the money from?[/quote]

    They run a shell game to confuse people. The debt situation is a ponzi-scheme, one that is starting to collapse.

    The gold bugs are correct about our monetary design

    August 18, 2011 at 4:08 PM #721026
    The-Shoveler
    Participant

    Fed is required at the end of the year to turn in its profits to the Treasury.
    In the end they could just buy everyones notes and burn them, actually it kind of makes me feel good,

    End our debt anyone ?
    Oh,

    the fed just hits a few keys on a key board and the money magically appears.

    August 18, 2011 at 4:08 PM #721119
    The-Shoveler
    Participant

    Fed is required at the end of the year to turn in its profits to the Treasury.
    In the end they could just buy everyones notes and burn them, actually it kind of makes me feel good,

    End our debt anyone ?
    Oh,

    the fed just hits a few keys on a key board and the money magically appears.

    August 18, 2011 at 4:08 PM #721720
    The-Shoveler
    Participant

    Fed is required at the end of the year to turn in its profits to the Treasury.
    In the end they could just buy everyones notes and burn them, actually it kind of makes me feel good,

    End our debt anyone ?
    Oh,

    the fed just hits a few keys on a key board and the money magically appears.

    August 18, 2011 at 4:08 PM #721876
    The-Shoveler
    Participant

    Fed is required at the end of the year to turn in its profits to the Treasury.
    In the end they could just buy everyones notes and burn them, actually it kind of makes me feel good,

    End our debt anyone ?
    Oh,

    the fed just hits a few keys on a key board and the money magically appears.

    August 18, 2011 at 4:08 PM #722240
    The-Shoveler
    Participant

    Fed is required at the end of the year to turn in its profits to the Treasury.
    In the end they could just buy everyones notes and burn them, actually it kind of makes me feel good,

    End our debt anyone ?
    Oh,

    the fed just hits a few keys on a key board and the money magically appears.

    August 18, 2011 at 4:16 PM #721031
    The-Shoveler
    Participant

    As a side note , that’s pretty much how China and Russia do it as well.

    August 18, 2011 at 4:16 PM #721124
    The-Shoveler
    Participant

    As a side note , that’s pretty much how China and Russia do it as well.

    August 18, 2011 at 4:16 PM #721725
    The-Shoveler
    Participant

    As a side note , that’s pretty much how China and Russia do it as well.

    August 18, 2011 at 4:16 PM #721881
    The-Shoveler
    Participant

    As a side note , that’s pretty much how China and Russia do it as well.

    August 18, 2011 at 4:16 PM #722245
    The-Shoveler
    Participant

    As a side note , that’s pretty much how China and Russia do it as well.

    August 18, 2011 at 4:16 PM #721036
    aldante
    Participant

    [quote=CONCHO][quote=briansd1]
    Are the Fed’s debts the same as the National Debt? Or are the debts of the Fed in additional to the National debt? Who did the Feb borrow the money from?[/quote]

    “This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” — Morpheus in “The Matrix”[/quote]

    CONCHO,
    That was classic.LOL

    August 18, 2011 at 4:16 PM #721129
    aldante
    Participant

    [quote=CONCHO][quote=briansd1]
    Are the Fed’s debts the same as the National Debt? Or are the debts of the Fed in additional to the National debt? Who did the Feb borrow the money from?[/quote]

    “This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” — Morpheus in “The Matrix”[/quote]

    CONCHO,
    That was classic.LOL

    August 18, 2011 at 4:16 PM #721730
    aldante
    Participant

    [quote=CONCHO][quote=briansd1]
    Are the Fed’s debts the same as the National Debt? Or are the debts of the Fed in additional to the National debt? Who did the Feb borrow the money from?[/quote]

    “This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” — Morpheus in “The Matrix”[/quote]

    CONCHO,
    That was classic.LOL

    August 18, 2011 at 4:16 PM #721886
    aldante
    Participant

    [quote=CONCHO][quote=briansd1]
    Are the Fed’s debts the same as the National Debt? Or are the debts of the Fed in additional to the National debt? Who did the Feb borrow the money from?[/quote]

    “This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” — Morpheus in “The Matrix”[/quote]

    CONCHO,
    That was classic.LOL

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