Federal Reserve Banksters Gambling Your Tax Dollars Away at Expense of Pensions

The Fed Protects Gamblers at the Expense of the Economyby Ellen Brown

Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now […]

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