Difference between revisions of "911:Central banks"
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* Established in December 1913 by the [[w:Federal Reserve Act|Federal Reserve Act]] | * Established in December 1913 by the [[w:Federal Reserve Act|Federal Reserve Act]] | ||
* United States Note and a Federal Reserve Note | *[[w:History_of_the_United_States_dollar|History of the United States dollar]] | ||
** The difference between a United States Note and a Federal Reserve Note is that a <u>'''United States Note'''</u> represented a "[[w:bill of credit|bill of credit]]" and was inserted by the Treasury directly into circulation <u>'''free of interest'''</u>. <u>''Federal Reserve Notes are backed by [[w:debt|debt]]''</u> purchased by the Federal Reserve, and thus generate [[w:seigniorage|seigniorage]] for the [[w:Federal Reserve System|Federal Reserve System]], which serves as a lending intermediary between the Treasury and the public. | ** United States Note and a Federal Reserve Note | ||
*** The difference between a United States Note and a Federal Reserve Note is that a <u>'''United States Note'''</u> represented a "[[w:bill of credit|bill of credit]]" and was inserted by the Treasury directly into circulation <u>'''free of interest'''</u>. <u>''Federal Reserve Notes are backed by [[w:debt|debt]]''</u> purchased by the Federal Reserve, and thus generate [[w:seigniorage|seigniorage]] for the [[w:Federal Reserve System|Federal Reserve System]], which serves as a lending intermediary between the Treasury and the public. | |||
==[[w:European Central Bank|European Central Bank]]== | ==[[w:European Central Bank|European Central Bank]]== |
Revision as of 15:26, 26 November 2010
Site menu:
- Occult symbolism Intro
- History of oppression
- Social terrorism
- Economic terrorism
- “Give me control of a Nation's money and I care not who makes the laws.” Mayer Amschel Bauer (Rothschild)
- “Don't steal, the government hates competition.”
Intro
(todo)
- History of Money from Ancient Times to the Present Day by Glyn Davies
- video: "The Money Masters"
- Glass–Steagall Act
History
Central Banks
Federal Reserve bank
- Established in December 1913 by the Federal Reserve Act
- History of the United States dollar
- United States Note and a Federal Reserve Note
- The difference between a United States Note and a Federal Reserve Note is that a United States Note represented a "bill of credit" and was inserted by the Treasury directly into circulation free of interest. Federal Reserve Notes are backed by debt purchased by the Federal Reserve, and thus generate seigniorage for the Federal Reserve System, which serves as a lending intermediary between the Treasury and the public.
- United States Note and a Federal Reserve Note
European Central Bank
todo
Bank of England
todo