How much money does the Federal Reserve Bank cartel make on each $1M palate of money they bought for $230?The privately-owned Federal Reserve Bank cartel creates money from thin air, backed with nothing, at interest. The Federal Reserve Bank purchases a $1,000,000 palate of new cash from the Bureau of Engraving for about $230. Through the miracle of fractional reserve banking, how many millions does the Federal Reserve... |
Wow. I wish I could invent money so that I could be Prince of the Earth and do whatever I wanted without having to lift a finger. If most people knew about this scam, the international banking cartel would be lynched. This group is responsible for the JFK/Lincoln assassinations, 9/11, Pearl Harbor, etc.
http://www.barefootsworld.net/usfraud.ht...
Replace the Fed with a National CU.
For banks that want to engage in bullsh!t lending practices, CREDIT DENIED.
When the fed turns a profit they put the money into the treasury. And yes the Fed buys money at cost. It wouldn't make sense otherwise.
100 / 1 is the usual leverage of any central bank
so one million will create one hundred million in new money
they get full face value, print a bill for 33 cents an sell it for full face value plus interest, what a scheme
