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Fed quarintines over 1 billion $100 bills after misprint

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posted on Mar, 21 2011 @ 12:48 AM
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Originally posted by Aloysius the Gaul

Originally posted by Caji316
How stupid can a people be to let a private corporation print their money for them, then, borrow their own money at interest...


Look in a mirror!!


Sorry.....but let's face it - the peoplecan be as bright or stupid as the USA and have it happen....

how come anyway?

I've read the Wiki article on the Fed reserve but have a hard time understanding the technicalesse.

The Bank of England used to be privately owned but was natinoalised after WW2, and pretty much everywhere these days has a Govt owned central bank.....

If you can't understand it, it was meant to be that way...meaning it's a bunco artist scam. The Fed is a scam. It is a group of private banks that loan us our own money back to us with interest. Are Americans that friggin stupid? I guess so!




posted on Mar, 21 2011 @ 03:36 PM
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reply to post by Klaatumagnum
 



I can understand why the Fed & BoE (& all other banks too) were originally private back in the days of gold/silver/bimetal standards - individuals had a lot more wealth than the govt & the Govt needed to access it by way of loans....so the banks were set up to facilitate them, and their paper currencies were essentially loan documents against that private wealth.

So I don't think they weer set up as scams.

but since then it seesm that fiat currencies no longer require this, so it seems that continuing this with the Fed is an anachronism.

I am sure the people who run it would hate to have it privatise....and I imagine the US "right" would go ape-shirt at such "Socialism" tho



posted on Mar, 22 2011 @ 12:33 AM
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What?? "Regular printers are having difficulty printing them" You're telling me that the U.S Government and/or Federal Reserve Corporation doesn't even have anything more than just "regular printers" for printing their new bills with all the countermeasures "woven" into them?? Are you $#!tting me?



posted on Mar, 22 2011 @ 12:45 AM
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I can't believe the awesome feedback to this thought-provoking irony and dilema of monetary soundness. As the western and American talking heads at times kicked dirt into the eyes of Japan as a nation by taking the time to criticise them for experiencing a triple disastor, still feeling aftershocks the Japanese immediately pointed towards Washington and it's dealings with scandalous issues in their own financial institutions. Who can blame them for deflecting ultimate ignorance in our worlds' situation? Politically, no help exists for them because Brazil and now Libya are big priorities. How convienent. How tidy the process for them.

Here are a few questions I have for anyone still reading and interested.

Is this kind of extremely foul mismanagement of "public trust" allowable or is mandatory abolishment of this banking instrument and complete disbandment of the players apart of it the solution and is it even possible?

If I agreed to pay my obligation to the national debt and "opt out" of the corporate salvery game, in other words I become a subject only unto my self whole existing in this physical plane called America, or something like that, can I then be free of this fools ride we are all being taken for?

If a person believes there is corruption, how do you stop it?

Lastly, what of the "gold standard"? If we only minted money made of gold or silver would it be better?

Thanks for reading.



posted on Mar, 22 2011 @ 12:54 AM
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So literally, the government is burning 120,000,000 dollars.

WHERES MY 2 DOLLARS !!!!

O the government just burned it...




 
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