Notices where this attachment appears
-
Embed this notice
fu (fu@libranet.de)'s status on Wednesday, 23-Oct-2024 22:48:43 JST 
fu
Doesn't it matter where the interest on the payment of those loans go? If a public bank doesn't the interest go to the treasury, versus a private central #bank in which case it goes...somewhere else?
Wouldn't a truly public bank, rather than lending money to the government, forbid lending to the State and instead lend all the money in the country to private sector borrowers and fund the State on the interest there of? In lieu of or in addition to #taxation?
♲ @fodworeq@social.re:Is the Federal Reserve a Private Bank? It Doesn't Matter. - Freedoms Phoenix
GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.
All GNU social JP content and data are available under the Creative Commons Attribution 3.0 license.