robinking
Junior Member
Joined: Dec 20, 2010 17:54:21 GMT -5
Posts: 167
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Post by robinking on Jan 17, 2011 14:25:13 GMT -5
When will people wake up and see it's the banksters who are the problem. They create money out of thin air and then charge us interest on it. When their schemes fail, we bail them out.Wouldn't it be nice if people knew what they were talking about before posting? Banks do not create or expand the money supply, the Federal Reserve does. Banks are only required to keep a certain predetermined level of reserves on hand. They can lend out a certain multiple of these reserves. This is refered to as the fractional reserve system. Typical bomb thrower. Come in, throws insults and leaves without backing them up! |
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Post by lakhota on Jan 17, 2011 17:20:49 GMT -5
Happy Martin Luther King, Jr. Day!
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