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0 sats \ 0 replies \ @byzantine 24m \ parent \ on: Best everyday carry (EDC) multitool? DIY
yep. stainless so perfect durability if you get the cx model
this book could be one page.
"Countries go broke by spending too much and accumulating too much debt that they cannot repay."
The End.
sincerely,
Ray Dalio
The story reminded me of the carbon capture project that stronghold digital mining attempted to do. They were successful, but could never get carbon credit
where they aerate the fly ash that's produced from burning coal to create calcium carbonate, which is essentially limestone
as we've recently seen, the president cannot fire the the chairman of the federal reserve. You can nominate them and get confirmed by the Senate, but then is fully on his own as if running a private corporation.
and if you're skeptical that the US dollar is not a "federal reserve note" here's a picture front and back
nowhere does it say "US dollar". it is a private note specifically a federal reserve note.
the answer to all of the questions on that post is "a private institution which can print its own money and has an exclusive contract with the government to use the money it prints"
The US is limited in its ability to create money from gold and silver, but private institution, such as the federal reserve can create money back by debt, not gold and silver
United States federal reserve note is a private currency it is not a government backed currency.
It is a private currency accepted by a public government.
yea tether is another private entity that competes with the fed.
it does everything that the Fed does by creating money as a way to scale US debt. The only thing it doesn't do is have the authority to set interest rates within a set of private banking institutions.
also, the notes that tether issues are not redeemable for payment of US taxes
but both institutions tether and the US Federal reserve are essentially an issuer of private currency that scales some other underlying layer