Black People : Government can’t print money properly

Discussion in 'Black People Open Forum' started by Clyde C Coger Jr, Dec 6, 2010.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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  2. Chevron Dove

    Chevron Dove Well-Known Member MEMBER

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  3. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa and Peace and Love!




    ........lol...Let me say it one(1) more gin, America is the Fall before Rome.

     
  4. Ankhur

    Ankhur Well-Known Member MEMBER

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    The government hasn't printed money for a long time, and maybe if they did instead of the Federal Reserve

    there would be no problem
     
  5. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa and Update!

    Government can’t print money properly


    Money is also printed by the United States Mint, which is a division of the Department of the Treasury.

    The United States Bureau of Engraving and Printing, which is another division of the Department of the Treasury, prints the paper money.

    The Bureau of the Public Debt, which is yet another division of the Treasury, prints all debt-financing instruments of the U.S. federal government.

    So, if government policy is to spend and print money, it is a combo of the Department of the Treasury (under John Snow) and the Federal Reserve Bank (under Alan Greenspan and soon to be Ben Bernanke that prints the money.

    Too many people think it is just the Fed that does that.


    http://www.billcara.com/archives/2005/12/who_prints_the.html





     
  6. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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  7. Ankhur

    Ankhur Well-Known Member MEMBER

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    so you are saying that you are unaware that there is a real difference between government printed US dollars and federal reserve notes?:10500:
     
  8. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa and Peace and Love!


    .......Can you read with understanding?

     
  9. Ankhur

    Ankhur Well-Known Member MEMBER

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    Federal Reserve Note
    From Wikipedia, the free encyclopedia

    Various Federal Reserve Notes, c.1995. Only the designs of the $1 and $2 (the latter not pictured) are still in print.A Federal Reserve Note is a type of banknote. Federal Reserve Notes are printed by the United States Bureau of Engraving and Printing on paper made by Crane & Co. of Dalton, Massachusetts. They are the only type of U.S. banknote that is still produced today[1] and they should not be confused with Federal Reserve Bank Notes.

    Federal Reserve Notes are authorized by Section 411 of Title 12 of the United States Code and are issued to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System.[2] The notes are then put into circulation by the Federal Reserve Banks.[3] Once the notes are put into circulation, they become liabilities of the Federal Reserve Banks[4] and obligations of the United States.[2]
    Federal Reserve Notes are fiat currency, with the words "this note is legal tender for all debts, public and private" printed on each note. (See generally 31 U.S.C. § 5103.) They have replaced United States Notes, which were once issued by the Treasury Department.:em0200:
     
  10. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa and Update!



    For the Reading impaired:

    Money is also printed by the United States Mint, which is a division of the Department of the Treasury.

    The United States Bureau of Engraving and Printing, which is another division of the Department of the Treasury, prints the paper money.

    The Bureau of the Public Debt, which is yet another division of the Treasury, prints all debt-financing instruments of the U.S. federal government.

    So, if government policy is to spend and print money, it is a combo of the Department of the Treasury (under John Snow) and the Federal Reserve Bank (under Alan Greenspan and soon to be Ben Bernanke that prints the money.

    Too many people think it is just the Fed that does that.

    http://www.billcara.com/archives/200...rints_the.html

     
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