Friday, January 15, 2010

The Myth Of The Profitless FED

The Fed is run for profit. If the banking cartel was operating the monetary system pro bono, I hardly think that Presidents like Jackson, Lincoln, Garfield and Kennedy would have faced such adversity when they challenged the various private central banks.

The banking cartel is not guarding their monopoly over legal tender because they run it as a charity to the taxpayers.

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