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Re: The Fed & Capital Controls.....

By: orda in ALEA | Recommend this post (0)
Sun, 22 Jul 12 7:33 PM | 228 view(s)
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Msg. 09047 of 54959
(This msg. is a reply to 09046 by faul)

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The above is a reply to the following message:
The Fed & Capital Controls.....
By: faul
in ALEA
Sun, 22 Jul 12 6:27 PM
Msg. 09046 of 54959

http://www.ibtimes.com/articles/365347/20120720/federal-reserve-new-york-fed-money-funds.htm

The Fed are looking at capital controls to stop European
type bank runs.........

What most people are unaware of is that when you deposit
money into your bank accounts You are actually Loaning the
bank Your money............it's not your money any more,it's
the banks.

Forget the FDIC in a banking collapse...........


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