ANSWERS: 1
  • The more loans made by banks the more money is put into circulation. What is the difference between an economic boom (prosperity) and an economic depression (poverty)? One thing only, the amount of money in circulation. That's all. And through this system, the private banks, controlled by the same people decide how much money will be in circulation. They can create booms and busts at will. Fantastic amounts of the money you pay in taxes go straight to the private banks to pay back loans which the governments could create themselves interest-free!! About the Federal Reserve: The Federal Government of the United States does not own a single share in the Federal Reserve and American citizens cannot purchase them. Profits exceed $150 billion a year and the Federal Reserve has not once in all its history published audited accounts. .

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