Boston Federal Reserve Bank Quote

"When you or I write a check there must be sufficient funds
in our account to cover that check, but when the Federal Reserve
writes a check, it is creating money."

by:	Boston Federal Reserve Bank
Source:	in a publication titled "Putting It Simply"
Rating:
Categories:	Banking, Economics, Fed, Money, IRS, Taxation
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Quality just quality  -- Alan, Wirral ( England )
A private banking group, the FED, is allowed to create "money" anytime they feel like it. Are we completely nuts in this country. The bankers run the world.  -- jim k, austin,tx      1
Yes,putting it simply and truthfully.  -- My Name, Your Town,USA      1
Yes, that's as simple as it gets - It's the biggest money laundering scheme in the world - they print money then get real money we pay in interest. We need a GASB for all banking systems including the FED  -- RobertSRQ      1
It is funny (not haha) how language and perceptions hide the truth of the Fed. By way of example: We use the word transfer to denote movement of money from one account to another account. In fact, no money transfers. One financial entity simply makes a ledger entry that it has X amount more while, another entity simply erases X from its ledger nothing is transferred.  -- Mike, Norwalk      1
If this simple fact was truly understood, there would be a revolution by tomorrow.  -- E Archer, NYC      2
What a mess we're in  -- Mike, Calgary AB CANADA
The day american's realize this, there won't be any USA. (because that day is too far out you morons!!!)  -- ninteappan, kattakkada      1
The FED issues "Credit" not money. And it is paid back through taxation on goods and your labor with "currency" not money. "Money" has an intrinsic value and can be literally anything that is valued by or useful to the parties involved in any transaction. The Fraudulent Reserve, it's owners and its collection wing of gangsters are perpetrating the greatest crime ever conducted on an entire nation, and in fact, the entire planet in an effort to enthrone themselves as rulers of the world. The Rothschilds started out as thieves and continue to be thieves. These parasites (et.al.) have got to go!  -- J Carlton, Calgary      3
This is how the private banking cartel, i.e., the Federal Reserve Bank serves us all up. Creating money out of thin air with nothing of intrinsic value to back it.  -- Mary - MI      2
Yes, they create money from debt... Oh! you want a trillion, no problem, wait a moment while I go into my computer. Voilà, done! Oh yes, it's easy to lose three trillion dollars, just get a plane (or missile) to hit the DOD accounts department...  -- Robert, Somewhere in Europe      1
Conflicts to come, seen long ago. Liberty and Freedom reside in the hearts and minds of the believers. As with all of creation. The beast of the field have it, and know it ! Like a thief in the night, it was taken away. So shall the Revolution be upon us, sides are drawn, ranks are called. Nature shows us higher highs and lower lows. Even the heavens declare through observation, the written word named and numbered.The cyclical natures of governments and administrations in conjunction with foreshadowing of events. Certain books left out of the cannon, for a purpose. " Keep your feet on the ground and your eyes on the stars." TR, just like waiting on a train at the station.  -- Ronw13, Yachats OR
Absolutely correct. And, when the Federal Reserve writes a check it is creating worthless fiat money out of thin air .. and, is thus "Not Worth a Continental."  -- Mary - MI      2
Trade your excess fiat for gold, silver and bitcoin.  -- Asrar, Canada

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