Forum Post: The Federal Reserve is a good target.
Posted 13 years ago on Oct. 7, 2011, 2:21 p.m. EST by getfree
(1)
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This is where banks and corporations get interest free loans from printed money that drives up food and fuel prices.
I'm from NYC, now living in Amsterdam. Created this website a little while ago that explains the situation with the FED: https://sites.google.com/site/getfreerevolution/
Media is claiming that OWS is unfocused. Demands for government to own it's own currency would be a great start.
Enjoy, peace, and godspeed. We'll be with you next Saturday.
actually your half right, those loans they get from the FED aren't interest free, they come with interest, thats paid by borrowing more money that comes with interest... see the paradox there
yes, i have trouble finding conclusive information regarding the specifics of the feds interest rates. regardless, the member banks loan printed money to institutions and individuals at fees.
the money that the gov "borrows" from the fed (private banks) is printed money. thus, when the gov pays back that cash through taxes, it is "returning" counterfeit money.
I agree 100%. Ending the Fed is a start.