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Originally Posted by Racoon
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Its just that the Federal Reserve is a Private Banking institution. Not a federal government run operation.
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The very article you listed to support your argument states that is is 'quasi public'. It has elements of both. Supporting the idea that the truth lies between your position and the other extreme.
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Originally Posted by Racoon
It should also be noted much of our our currency is printed in South Korea. Hows about that??
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I find that fascinating. Do you have a source for that? I would love to learn more about that decision.
The information I could find does not mention that. As a matter of fact, it indicates the currency/notes are printed in Washington DC and Fort Worth, TX:
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During fiscal year 2007, the Bureau of Engraving and Printing (BEP) produced approximately 38 million notes a day with a face value of approximately $750 million.
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Per:
https://treas.gov/education/faq/curr...ction.shtml#q1
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Originally Posted by Raccoon
If you think everything is hunky-dorey, then Great. Keep your head in the sand.
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Where did you get the idea that I thought everything was 'hunky-dorey'?
You can attempt to belittle anyone that disagrees with you, but would be better served to back up your arguments with links that actually support your statements rather than contradict them.
My disagreement with you is that there are wholes in your logic is not sound, not even close, and it normally is. I was hoping to get some clarification about any support you have for your position.
Statements of yours such as:
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The Federal Reserve system has No More to do with the government than Federal Express.
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which by your own postings is not the case just do your position a disservice.
