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Shocking Federal Reserve Audit Discovery!

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Uploaded by on Jul 21, 2011

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People & Blogs

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Uploader Comments (ladyattis)

  • The new Federal reserve audit shows they (borrowed/bailed out/invested) $16 Trillion all to banks and bid corporation,foreign and domestic. So unless we got robbed, america has $16 trillion in investments. We are not broke. Politicians are using the scare tactic to steal from us. Biggest scam in history.

  • @paulksycki We are broke, dude. It's all printed funds with no assets to back them. Also, most were end-of-day loans which were meant to cover deposits. The issue here was that even though it provided liquidity in the markets, it still shows there are lapses in the system where many banks are overdrawn in terms of reserve ratios. These weren't matters of bank runs, but matters of banks mismanaging their assets to the peril of their customers.

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  • So on top of the hundreds of billions of dollars we gave that the public was aware of we printed up $16 trillion more that we were not aware of? Nice. Where do I apply?

  • countercurrents * org/bailout240711 *htm

    heres a better linkk...tht other one was broken for me..

  • @ladyattis Yea these people can say we're not broke because we've printed so much money and 'have $16 trillion in investments', total BS....our only 'wealth' is what we can produce, and thats about zero today.

  • odious debt

  • Thank so much for posting this.

  • @ladyattis Wrong again. In your book, inflation is not inflation, and money is not money and gold is not gold. You want to be smart, but refuse to learn. It just doesn't work that way. So you are hopeless. Try to impress other people if you need their support for your DEFLATED ego, (as in deflation), but I don't need your support for mine, thank you very much. Bye....

  • @ladyattis wow, you're really patient with freaks like that guy, holy shit. LOL

  • @geehuckwow Um no, you really really need to get educated on inflation is. Lets start with Economics in One Lesson by Henry Hazlitt. Then come back here and we'll talk. Until then, there's no way we can even be discussing the matter as we don't have the same definitions (here's a hint: money is not gold, gold can be money, though).

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