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	<title>Comments on: Media Does not Understand the Federal Reserve System</title>
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	<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/</link>
	<description>A blog about personal finances, peer-to-peer lending, investing, the economy, and more.</description>
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		<title>By: MihchaelC</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-3076</link>
		<dc:creator>MihchaelC</dc:creator>
		<pubDate>Sun, 13 Dec 2009 09:44:55 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-3076</guid>
		<description>How many private citizens who have claimed bankruptcy in the last 10 years could have used a personal stimulant package image that all the citizens get a bail out, then they shp, spend money and stimulate more..&lt;br&gt;&lt;br&gt;Michael&lt;br&gt;&lt;a href=&quot;http://www.nutritional-supplements-review.net&quot; rel=&quot;nofollow&quot;&gt;http://www.nutritional-supplements-review.net&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>How many private citizens who have claimed bankruptcy in the last 10 years could have used a personal stimulant package image that all the citizens get a bail out, then they shp, spend money and stimulate more..</p>
<p>Michael<br /><a href="http://www.nutritional-supplements-review.net" >http://www.nutritional-supplements-review.net</a></p>
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		<title>By: mike</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-3047</link>
		<dc:creator>mike</dc:creator>
		<pubDate>Mon, 31 Aug 2009 00:38:52 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-3047</guid>
		<description>&lt;a href=&quot;http://www.youtube.com/watch?v=e3zo7zjYk2E&quot; rel=&quot;nofollow&quot;&gt;http://www.youtube.com/watch?v=e3zo7zjYk2E&lt;/a&gt;&lt;br&gt;&lt;br&gt;I strongly believe we need a federal reserve  audit. The recent stock market action suggests to me the federal reserve is intervening in a free and open market. I believe the biggest beneficiary of this TRILLION DOLLAR stock market move in a couple of weeks was Goldman Sachs. Goldman Sachs sells derivatives in our equity markets its apparent that Goldman Sachs Has Total Control Over our stock market using the unlimited capital available from the federal reserve. I believe Goldman Sachs doesn&#039;t have the best interest of our markets. They are misusing the federal reserve to manipulate the stock market and making huge 100 BILLION DOLLAR profits THIS IS ILLEGAL people expect our government to obey the laws just like citizen. Also this manipulation without regards for cost continues to put our government and the people  more and more in debt&lt;br&gt;&lt;br&gt;JUST THE FACT GOLDMAN SACHS HAS HAD SUCH IMPOSSIBLE SUCCESS AT TRADING IS ALL THE PROOF OUR GOVERNMENT NEEDS TO KNOW TO PROVE MANIPULATION!!!!!!&lt;br&gt;&lt;br&gt;&lt;br&gt;AUDIT THE FEDERAL RESERVE &lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.auditthefed.com/&quot; rel=&quot;nofollow&quot;&gt;http://www.auditthefed.com/&lt;/a&gt;&lt;br&gt;&lt;br&gt;&lt;br&gt;Imagine controlling the Federal Reserve portfolio of commodities and equities. TO DO WITH AS YOU PLEASE!!!!!!!</description>
		<content:encoded><![CDATA[<p><a href="http://www.youtube.com/watch?v=e3zo7zjYk2E" rel="nofollow">http://www.youtube.com/watch?v=e3zo7zjYk2E</a></p>
<p>I strongly believe we need a federal reserve  audit. The recent stock market action suggests to me the federal reserve is intervening in a free and open market. I believe the biggest beneficiary of this TRILLION DOLLAR stock market move in a couple of weeks was Goldman Sachs. Goldman Sachs sells derivatives in our equity markets its apparent that Goldman Sachs Has Total Control Over our stock market using the unlimited capital available from the federal reserve. I believe Goldman Sachs doesn&#39;t have the best interest of our markets. They are misusing the federal reserve to manipulate the stock market and making huge 100 BILLION DOLLAR profits THIS IS ILLEGAL people expect our government to obey the laws just like citizen. Also this manipulation without regards for cost continues to put our government and the people  more and more in debt</p>
<p>JUST THE FACT GOLDMAN SACHS HAS HAD SUCH IMPOSSIBLE SUCCESS AT TRADING IS ALL THE PROOF OUR GOVERNMENT NEEDS TO KNOW TO PROVE MANIPULATION!!!!!!</p>
<p>AUDIT THE FEDERAL RESERVE </p>
<p><a href="http://www.auditthefed.com/" >http://www.auditthefed.com/</a></p>
<p>Imagine controlling the Federal Reserve portfolio of commodities and equities. TO DO WITH AS YOU PLEASE!!!!!!!</p>
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		<title>By: Salih Eser</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-3046</link>
		<dc:creator>Salih Eser</dc:creator>
		<pubDate>Thu, 27 Aug 2009 02:43:05 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-3046</guid>
		<description>Hello AMERICA wake up FEDERAL RESERVE BANK is a PRIVATE bank and has branches all over the WORLD.Last $786billion scam is the biggest deception, if you ask hard question about this bank you will probably so pissed of even yourself be surprised.By the way i take my hat  to the JUDGE involved with this crocks.</description>
		<content:encoded><![CDATA[<p>Hello AMERICA wake up FEDERAL RESERVE BANK is a PRIVATE bank and has branches all over the WORLD.Last $786billion scam is the biggest deception, if you ask hard question about this bank you will probably so pissed of even yourself be surprised.By the way i take my hat  to the JUDGE involved with this crocks.</p>
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		<title>By: lyrics</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-3040</link>
		<dc:creator>lyrics</dc:creator>
		<pubDate>Tue, 14 Jul 2009 12:36:37 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-3040</guid>
		<description>what</description>
		<content:encoded><![CDATA[<p>what</p>
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		<title>By: Po&#39;Boy</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-2956</link>
		<dc:creator>Po&#39;Boy</dc:creator>
		<pubDate>Sun, 26 Oct 2008 21:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-2956</guid>
		<description>oops - meant to say &quot;principAL portion of the loan is paid&quot;&lt;br&gt;&lt;br&gt;So on the one hand, if the Fed is creating and loaning money to banks, government, etc. it causes inflation and hurts those who hold US dollars.  BUT the interest earned by the Fed is credited to the taxpayers.  &lt;br&gt;&lt;br&gt;If it is foreigners loaning money to banks or the government, it doesn&#039;t cause inflation, but, of course, the interest goes out of the country, so our supply of dollars here in the US shrinks as the supply of dollars outside the US grows.</description>
		<content:encoded><![CDATA[<p>oops &#8211; meant to say &#8220;principAL portion of the loan is paid&#8221;</p>
<p>So on the one hand, if the Fed is creating and loaning money to banks, government, etc. it causes inflation and hurts those who hold US dollars.  BUT the interest earned by the Fed is credited to the taxpayers.  </p>
<p>If it is foreigners loaning money to banks or the government, it doesn&#39;t cause inflation, but, of course, the interest goes out of the country, so our supply of dollars here in the US shrinks as the supply of dollars outside the US grows.</p>
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		<title>By: Po&#39;Boy</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-2955</link>
		<dc:creator>Po&#39;Boy</dc:creator>
		<pubDate>Sun, 26 Oct 2008 20:59:22 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-2955</guid>
		<description>Most fascinating is when the Federal Reserve buys US treasury bonds to finance government overspending.  The Fed creates money to buy whatever bonds it decides to purchase.  But then - what happens when taxpayers pay the Fed back?  What happens to the interest? &lt;br&gt;&lt;br&gt;My understanding is that when the Fed is paid back, any interest made is given to the US Treasury.  (Wouldn&#039;t be fair for the Fed to keep interest on money it just created out of nothing).  Also, keeps liquidity in the system, if the Fed was always paid back more than it created, the money supply would shrink.  When the principle portion of the loan is paid back to the Fed, it is destroyed - or more likely, used to purchase more US government bonds.</description>
		<content:encoded><![CDATA[<p>Most fascinating is when the Federal Reserve buys US treasury bonds to finance government overspending.  The Fed creates money to buy whatever bonds it decides to purchase.  But then &#8211; what happens when taxpayers pay the Fed back?  What happens to the interest? </p>
<p>My understanding is that when the Fed is paid back, any interest made is given to the US Treasury.  (Wouldn&#39;t be fair for the Fed to keep interest on money it just created out of nothing).  Also, keeps liquidity in the system, if the Fed was always paid back more than it created, the money supply would shrink.  When the principle portion of the loan is paid back to the Fed, it is destroyed &#8211; or more likely, used to purchase more US government bonds.</p>
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		<title>By: Matt Varney</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-2947</link>
		<dc:creator>Matt Varney</dc:creator>
		<pubDate>Sat, 11 Oct 2008 19:54:48 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-2947</guid>
		<description>If the Federal Reserve gave too many bad loans out though and was at risk at failing, don&#039;t you think the US government would intervene?</description>
		<content:encoded><![CDATA[<p>If the Federal Reserve gave too many bad loans out though and was at risk at failing, don&#39;t you think the US government would intervene?</p>
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		<title>By: WealthBoy</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-2946</link>
		<dc:creator>WealthBoy</dc:creator>
		<pubDate>Fri, 10 Oct 2008 23:31:42 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-2946</guid>
		<description>Yes, I believe that was the same point that MD was making.  You may be correct and that might be exactly what the authors meant.</description>
		<content:encoded><![CDATA[<p>Yes, I believe that was the same point that MD was making.  You may be correct and that might be exactly what the authors meant.</p>
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		<title>By: WealthBoy</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-2945</link>
		<dc:creator>WealthBoy</dc:creator>
		<pubDate>Fri, 10 Oct 2008 23:23:49 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-2945</guid>
		<description>Yes, I am aware of this, it is exactly what my point was.  The bill is a government sponsored plan.  Because it has gotten so much coverage in the press, reporters are quick to mention the actions of the Federal Reserve as actions of the U.S. government.</description>
		<content:encoded><![CDATA[<p>Yes, I am aware of this, it is exactly what my point was.  The bill is a government sponsored plan.  Because it has gotten so much coverage in the press, reporters are quick to mention the actions of the Federal Reserve as actions of the U.S. government.</p>
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		<title>By: Redditor</title>
		<link>http://wealthboy.com/media-does-not-understand-the-federal-reserve-system/comment-page-1/#comment-2944</link>
		<dc:creator>Redditor</dc:creator>
		<pubDate>Fri, 10 Oct 2008 23:23:42 +0000</pubDate>
		<guid isPermaLink="false">http://wealthboy.com/?p=127#comment-2944</guid>
		<description>Sorry, but the &quot;tax on the average Joe&quot; is the decrease in the value of the dollar. If the fed increases the supply of money, the value drops, it&#039;s that simple...</description>
		<content:encoded><![CDATA[<p>Sorry, but the &#8220;tax on the average Joe&#8221; is the decrease in the value of the dollar. If the fed increases the supply of money, the value drops, it&#39;s that simple&#8230;</p>
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