Random Internet Shit you've come across

Spazbyt said:
"Raising interest rates just enough to slow the economy down to where inflation falls, but not so much that the economy ends up in a recession." or, or now hear me out on this.
Stop spending money we don't have!
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Where does the Federal Reserve get all this money that is lending from?

Why are people so concerned about the national debt when we own the Federal Reserve?
 
bobfriesenhahn said:
Where does the Federal Reserve get all this money that is lending from?

Why are people so concerned about the national debt when we own the Federal Reserve?
Click to expand...

Thanks for coming to my Ted Talk
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bobfriesenhahn said:
Where does the Federal Reserve get all this money that is lending from?

Why are people so concerned about the national debt when we own the Federal Reserve?
Click to expand...
The Federal Reserve is about as 'Federal' as Federal Express. It's for the most part an independent bank. It owns us. The product it sells is Debt. Every bill printed, it gets more powerful. And the bills are no longer backed by anything. When the whores in Congress spend more than they take in, they borrow more money from the bank. Of course it's a no-brainer for congress since they live in luxury and the people end up having to pay back the bank with interest.
 
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