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Here's a story I just wrote to help explain what the Fed's doing to wreck our economy. Please let me know if it helps. Normal 0 false false false MicrosoftInternetExplorer4 The Three Little Pigs and the Federal Reserve Crisis In their later years, they bought a yacht and sailed the seven seas...
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First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
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According to the Fed Flow of Funds report, the Fed has absorbed about $40 billion per year of Treasury borrowings over the last five years. The $30 billion interest is actually a net loss to the Treasury, since they paid out about $35 billion in interest to the Fed (the difference is the cost of operating...