Talk about a show trial.
There are actually 12 different Federal Reserve Banks around the country, and they are owned by big private banks.
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51 sats \ 0 replies \ @Rothbardian_fanatic 25 Dec
Why would they ever do this? They own the FED. They can tell the FED what to do and how to do it.
Oooops….I forgot that it was the New York City banks that have the largest sway with the FED. They must want less transparency and more little banks failing so they can eat them up.
The whole bankster game is rigged. It’s a big club and they aren’t in it.
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41 sats \ 0 replies \ @dtonon 25 Dec
Perhaps this will happen: banks tired of bureaucracy and government tyranny will start thinking like pure private banks again, embrace Bitcoin and ecash following people's real needs, and thus reduce their services to custody and credit.
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41 sats \ 0 replies \ @drcaivai 24 Dec
Update, update FED looking into ways of "boosting the transparency of the tests"
Why not 100% transparency? Who knows, it may be handy to test the validity of tests.
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64 sats \ 1 reply \ @0xbitcoiner 24 Dec
This post would have fit better in ~Politics_And_Law territory! No? Ahahah 🤠
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70 sats \ 0 replies \ @siggy47 OP 24 Dec
Damn! I forgot to pump my own bag.
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41 sats \ 3 replies \ @grayruby 24 Dec
What do you think will happen with JPow once Trump gets into office?
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104 sats \ 2 replies \ @siggy47 OP 24 Dec
Trump will harrass him into lowering rates...
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41 sats \ 1 reply \ @grayruby 24 Dec
But will he harass him into resigning?
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10 sats \ 0 replies \ @siggy47 OP 24 Dec
I don't know. He was pretty resilient last time
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10 sats \ 0 replies \ @IamSINGLE 24 Dec
May prove to be dramatic in the end!!
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