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cnilson
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2024-04-05 12:21:13

cnilson on Nostr: The U.S. Federal Reserve loses $114B, the third largest financial loss in history ...

The U.S. Federal Reserve loses $114B, the third largest financial loss in history (beaten only by Lehman Brothers and Washington Mutual).

The Federal Reserve is neither Federal nor has any reserves. It is a private company, representing a banking cartel, with the sole purpose of turning the world’s debt into interest payments, recorded as dividends payable its bank owners.
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