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700 Billion Times 10 - Al Arab Online
So, we all know about the $700 billion; let me write that out- $700,000,000,000. Where did this number come from? How did The Federal Reserve and The Secretary of Treasury come up with that number? Well, I don’t know. But I was reading a great
The Fed Seeks Ability To Issue Own Debt - Nuwireinvestor.com
The Fed can't get enough money from the Treasury to fund all their ventures, so what do they do? Simple, they request the authority to issue their own debt. If Congress approves this measure it would give the Fed even more power, an idea that should
Abandon Fractional-Reserve Banking Now - Libertymaven.com
In an article at the Ludwig von Mises Institute , Lucas M. Engelhardt recommends a simple solution to guarantee the solvency of every bank: require 100% reserves. Right now, most banks are only required to hold onto 10% of their depositors’ money
Monday, December 15, 2008
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