Quote:
Originally Posted by Calgaryborn
Right now a full 70% of the money American borrows comes from its own Federal Reserve.
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The Federal Reserve is a private bank with a clever name to make people think it's a government owned and controlled entity. This is what I believe Ratigan was referring to in his rant. The Federal Reserve increases the money supply, which is simply more debt that the US has to pay interest on directly to the Federal Reserve. No one knows where this interest money goes because no one is allowed to look at their books! Robbery.