Latest Gold PriceCome here to get the latest gold prices all in one place


0 Is America Really Free, If A Privately-Owned Central Bank Controls Our Currency And Runs Our … News to Gold Prices — Tags:  
You see, the truth is that the U.S. government does not "print money" whenever it wants. Under the current system, in order to get more U.S. currency, the U.S. government has to borrow it. The Federal Reserve creates the new currency out of thin air and then either keeps the "U.S. Treasury bonds" they get in return from the U.S. government or they sell them off to others. But what kind of sense does that make? Why does a "free government" have to go into debt to print its own currency? It is the U.S. government that should be printing U.S. currency - not a privately-owned bank called the Federal Reserve.

Leave a comment

Security Code:

Powered by Yahoo! Answers