Banks borrowing money like drunken sailors.
Last week Wall Street banks borrowed 38.4 BILLION dollars from the Federal Reserve…..every day!
That works out to 268.8 billion dollars in a single week. The week before it was 230.3 billion.
Where exactly is this money coming from? Evidently the Fed just fired up the printing presses and decided to decrease the value of our dollar more by printing even more federal reserve notes. In a fiat currency, the more notes in circulation, the less each one is worth. Are they intentionally trying to drive the dollar to its breaking point?
Does the Fed (the people in charge of our currency) not understand the basic principles of inflation? Where do they get the Constitutional authorization to spend our money in this fashion?
It almost seems like they are deliberately driving the dollar to it’s knees.
Its obvious they don’t need the constitutional authorization. There the Feds remember? Do what they want, when they want, at the expense of the American way of life.
This goes hand in hand with ‘Happy Extortion err Tax Day ‘video, I urge everyone to take the time to watch that clip.