It's true... the FED (Treasury) can print banknotes directly.
Nominally, the Federal Reserve and the Treasury are separate entities. But with the former Fed chair now running Treasury, the line between the two sure seems blurry.
It's true... the FED (Treasury) can print banknotes directly.
Nominally, the Federal Reserve and the Treasury are separate entities. But with the former Fed chair now running Treasury, the line between the two sure seems blurry.
And it doesn’t help that the head of Treasury seems to speak crazy talk like all bank deposits would be insured !LOL
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He told me to stop going to those places.
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