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echo: fidonews
to: BJRN FELTEN
from: WAYNE HARRIS
date: 2020-07-03 04:21:00
subject: The world economy collaps

Forgive my lack of knowledge of character encoding.  I usually use
UTF-8, but it seems I cannot encode your name properly with it.  I don't
know why.  This message might be sent in raw-text, if this is an
encoding at all.

Bjrn Felten - Wayne Harris  writes:

>  WH> If I may start with one, where can we find out when money is
>  WH> printed and how much?
>
>    That's an easy one. It's your central bank that "prints" your
> money.

But I was wondering whether there was any index somewhere (say, online,
or that it could be checked) the dates and the amounts.  For instance,
the Federal Reserve of New York published recently due to the pandemic
that they would be buying treasure bonds in a certain amount and they
reported how much they had bought each day they did.

Is money printing being published somewhere?

>    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.

I will read the Federal Reserve Act and I'll come back.

>    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-)

In that case, I will also read

  How Internationalists Gain Power
  Russell Maguire
  https://www.unz.com/print/AmMercury-1957oct-00079/?View=PDF

to see if I can get the context.

Thank you!

--- 
* Origin: nntps://news.fidonet.fi (2:221/6.0)

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