How Christian an idea!
It's interesting to note how over the course of American history dating back to its inception, the persistent debate about the role of the banks in American life.
Apparently, the Federal Reserve was created in 1913 (seen as a swindle to some) on Christmas Eve. Why do so many controversial pieces of legislation pass on this day exactly?
The Federal Reserve, really, isn't a central bank. It's a private enterprise. Yet, it prints money. I thought it was explicitly clear that only Congress can mint coin?
Totally offtopic (as for Christmas or Federal reserve), I mention you [as Commish] in my last post. Come check. But plssss, do *not* get upset. will you promise? I already had enough protests from East coast people for this post of mine.
ReplyDeleteBy the way, are you closer to the east or to the west (coast)? Just curiosity.
All the best
From my side
Of the West
I'm (and Paul) are Easterners.
ReplyDeleteIn deed we are and 1500km from the Atlantic coast
ReplyDelete