FREEDOM FORUM: Discussion

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Comment by PureTrust
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Did you catch the insightful G.Edward Griffin words in the first paragraph? "... but the Federal Reserve began making hundreds of billions of dollars each week in low-interest, overnight loans to Wall Street's banks on September 17, 2019. The Fed was creating money to keep banks afloat a little longer, and the cost was passed to the consumer as a rise in the cost of living." Once Wall Street realizes that the loans were creations of money rather than loans, they will stop repaying, and start suing the Fed for past loan payments made by accident. When the people find out about this - that bank loans are creations of new money, and not loans at all - the Fed will fall flat on its face. Then the real financial crisis will begin. Let's hope Government is smart enough to put us back on Treasury money before it gets that far. ?

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