I was startled when I heard somebody try to convince me yesterday that,
They are buying their own bonds... that is called Quantitative Easing. The dichotomy is based, in my opinion on a common misperception that people, ordinary people can sign the endorsement area on the backside of their paychecks without acting as Fed banks in the Federal Reserve Act. In other words, the "Them" in comments like I heard is actually "The Bankers" - which is actually "Us" considering the vast amount of Americans who still endorse private credit from the Fed.
This morning I heard the first
full five-minute broadcast about the immanent Government Shutdown. As we start into discussions here on the forums about my publication of lien for $20M as the US Government struggles with a default on its obligations, I hope we can all keep in mind Remedy, as it is written into the law.
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