unity2013

07/30/2013

Rafken – Who Owns Your Money? – 30 July 2013

Filed under: Uncategorized — by unityoness2013 @ 7:23 pm

Lucas 2012 Infos

File:USCurrency Federal Reserve.jpgPicture source

Firstly, a dollar bill is just a promissory note, an IOU. It is a promise to pay the holder the value of one dollar. It is easy to use but the dollar bill remains the property of the people that printed it. In the United States it is the Federal Reserve.

The Federal Reserve is not Government.

The Federal Reserve is comprised of 12 Banks, represented by a board of 7 people.

These Banks are owned by shareholders.

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