Do you buy the Fed Reserve conspiracy theories?

1 pointiterationx2 comments

The concept is that the Federal Reserve loans the government money at interest which according to the theory it creates out of nothing. I'm wondering if you have any good refutations or resources about this and printing money in general.

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It's not a conspiracy theory - it's kinda-sorta true and is as intended. Some say it's a good thing, others object. In any event, askHN is probably not the best way to get a grip on it. Perhaps, start here:

http://en.wikipedia.org/wiki/Fiat_money

are you looking for a thing like "how to print the perfect counterfeit money?". I am also looking for that, if you find it, please shoot me a msg! LoL! BTW i don't know much about federal reserve, i am italian but living in china. Is there anything you might like to know about China? i could possibly help you. Cheers. Alberto

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