It is able to print $100 bills for 1/4 of one cent each, then lend them to the US Treasury at full face value plus interest, creating mas$$ive profit$ out of thin air
It's one big fat lie to call it "Federal" - it is no such thing, and it needs to go away yesterday
Federal Reserve is not public
It's a private bank
It's not a public building
It's private
It's not owned by the public
It's owned by shareholders
It is able to print $100 bills for 1/4 of one cent each, then lend them to the US Treasury at full face value plus interest, creating mas$$ive profit$ out of thin air
It's one big fat lie to call it "Federal" - it is no such thing, and it needs to go away yesterday
It's not Federal and there is no Reserve
Grape-Nuts® cereal
No grapes, no nuts