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[quote user="limitgov"] Q1: In essence Bank of America has its own notes as does chase and now markets have to pay for the overhead in maintaining such a number of different currencies and prices of goods have to be constantly changed per the currency you hold as in buying a can of beans may...
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[quote user="TelfordUS"] But once those banks die, wouldn't others take its place? [/quote] Exactly. There is no reason not to abolish the Federal Reserve.