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07-13-2010, 02:51 AM #1Member
The Federal Reserve
wow, great thread
zebu111 Reviewed by zebu111 on . The Federal Reserve Don't know how many people here have an understanding of what the Federal Reserve is. Its basically a privately own bank with virtually no government oversight that prints and backs our currency. Actually they don't back it, we do with our taxes paid as interest to them. Thats another story. Here is an interesting letter I read from one of the founding fathers of the Federal Reserve Bank. I suggest people take a little interest in the fed because they are the real reason we are where we're at Rating: 5
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