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One could issue debt free money. Lincoln issued "greenbacks" to help pay for the civil war after the bankers wanted to charge 24% interest on loans to the US government. It worked so well he was thinking about switching completely over. He got killed.
Question for those that really understand the issue of keeping or ending the FED: since this is one area I really don't understand all the pros and cons could some of you tell those of us here that are not sure on the issue why it would be bast to keep the FED or end it? Please no U-Tube videos, put in your Own words.
hank paulson
theburningplatform.com
reason to end the corruption and infiltration of private and investment banks into our supposed "democracy". It is time to end it.
WASHINGTON — The Federal Reserve said on Tuesday that it contributed $76.9 billion in profits to the Treasury Department last year, slightly less than its record 2010 transfer but much more than in any other previous year.
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I'd hate to see it when it's doing a bad job then....
Cnbc's definition of the FED
