ajoknoblauch
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(emphasis in above quote is mine)
Bkentfc, could you explain to us, please, what the bolded part above means? I'm not pursuing the Socratic Method, I'm genuinely curious what you meant, because I don't see how that works with a fiat currency, when a non-government reserve bank simply prints money at whim. I mean, we do all realise that the Federal Reserve in the USA, (and its equivalent in virtually every other nation), is not an arm of the US government, right? Yes, I saw the part right after the bolded section, but I don't see how you isolate the two, when the bankers run the Fed.
Since when is the Federal Reserve not an arm of the US government? http://www.federalreserve.gov/