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re: Can anyone explain to me why the entire world banking system
Posted on 11/21/22 at 5:07 pm to Reservoir Ag
Posted on 11/21/22 at 5:07 pm to Reservoir Ag
quote:Res Ipsa Loquitur...
predicts interest rates to the Federal Reserve

Posted on 11/21/22 at 5:34 pm to LSURussian
Thanks for catching my typo… now get me some coffee
Posted on 11/21/22 at 5:55 pm to LSURussian
quote:I do like to see you dismantle the Fed conspiracists on such simple points where it's hard to believe they don't understand inherently.
Apparently your financial issues reading comprehension is comparable to your "how to post a link" ability.
The Federal Reserve buys U.S. government securities as part of its congressionally-mandated monetary policy implementation duties and, as with any owner of government securities, earns interest on those holdings.
The Fed is mandated, by law, to return all surplus earnings to the U.S. Treasury annually. For fiscal year 2021, the Fed returned $107.4 billion to the Treasury in January of this year.
Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2021
However, you should admit that if someone else typed the bolded above, you would be the first to show up to say something annoying about how the poster was ignorant because they ignored zeroes and federal reserve notes.
Ruling: you're both twats, just for different reasons.
This post was edited on 11/21/22 at 6:07 pm
Posted on 11/21/22 at 5:57 pm to RoosterCogburn585
It would be less fragile if dipshit Gensler would enforce a single fricking trade law. I swear, of all Biden’s failures Gensler has to be the pinnacle of the shite show
Posted on 11/21/22 at 6:35 pm to Dirtyboro
by now we all know the federal reserve is privately owned by groups of banks, they use fractional reserve,or fiat money.money that is backed by nothing.if a bank has a million in deposits it is allowed to loan out 10 million or more,the difference comes out of thin air
Posted on 11/21/22 at 7:03 pm to RoosterCogburn585
It is.
Go listen to Robert Kiyosaki, George Gammon, Jim Rodgers, Peter Schiff,etc..
Hell, even Ray Dalio sorta says it without quite saying it..if you read between the lines.
Go listen to Robert Kiyosaki, George Gammon, Jim Rodgers, Peter Schiff,etc..
Hell, even Ray Dalio sorta says it without quite saying it..if you read between the lines.
Posted on 11/21/22 at 7:06 pm to KiwiHead
quote:
near the US Canadian border in probably Minnesota somewhere
N Montana is a stronger place...js
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