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echo: fidonews
to: WAYNE HARRIS
from: BJRN FELTEN
date: 2020-07-02 21:14:00
subject: The world economy collaps

 WH> If I may start
 WH> with one, where can we find out when money is printed and how much?

   That's an easy one. It's your central bank that "prints" your money.

   The US however does not have a real central bank, they have a regular,
private bank called the Federal Reserve, and that is a really interesting
story, that will not fit into a regular Fidonet message. Google for "Federal
Reserve Act" to find out more.

   Not even the US citizens (save for perhaps a few percent) know about this
incredible institution that has such enormous impact on their economy:

   "It is well enough that people of the nation do not
    understand our banking and monetary system, for if
    they did, I believe there would be a revolution
    before tomorrow morning."

                -- not Henry Ford 8-)


..

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