justin_o_guy2
Serious Thumper
Offline
What happened?
Posts: 55279
East Texas, 1/2 dallas/la.
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I guess the Sec. Treasury was wrong.
It’s new money, created by the bank for the use of the borrower.”
I know it doesn't jibe with what a Reasonable Mind would believe. That's why I'm so adamant about people reading Creature from Jekyll Island. All of it gets explained.
You might be able to find a video by G. Edward Griffin about what he calls The Mandrake Mechanism
Yes, banks have reserves, what% of deposits is required, IDK, it's not above 10,
How the system Really Works, were it actually understood by the masses would surely end in outright rebellion. The people have no idea how they are being bled dry. That's WHY Ford said what he said..
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