Saturday, July 24, 2010

SMOKING GUNS OF USTREASURY MONETIZATION


By Jim Willie: A significant feature of fiat money systems is the privilege for the custodian of the reserve currency to engage in regular practices of ham-fisted monetary management, even permission for fraudulent centers to flourish, surely developing a debt monster that an economy grows dependent upon. Fannie Mae might be the most offensive blight on such privilege.....read on

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