Using Leverage and Fractional Banking – To Discharge a Debt
When the USA went bankrupt in 1913 (United States Congressional Record, March 17, 1993, Vol. 33, page H-1303), Congress agreed to pay all debts incurred by the American People and at the same time, a bailout and an exclusive relationship with the Private Federal Reserve Bank System (the FED). This private relationship is unique in […]
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