The Fed Has One Power That Is Unique To It Alone: It Enables The Creation Of Money Out Of Thin Air. Sometimes It Makes Vast New Amounts. Sometimes It Makes Lesser Amounts. The Money Takes A Variety Of Forms And Enters The System In Various Ways. And The Fed Does This Through Techniques Such As Open-market Operations, Changing Reserve Ratios, And Manipulating Interest Rates, Operations That All Result In Money Creation.
Please Wait....
Translating....
Translating....
The Fed Has One Power That Is
Ron Paul
The Fed Has One Power That Is Unique To It Alone: It Enables The Creation Of Money Out Of Thin Air. Sometimes It Makes Vast New Amounts. Sometimes It Makes Lesser Amounts. The Money Takes A Variety Of Forms And Enters The System In Various Ways. And The Fed Does This Through Techniques Such As Open-market Operations, Changing Reserve Ratios, And Manipulating Interest Rates, Operations That All Result In Money Creation.
Views: 3
More From Ron Paul
