No. The idea was to balance the budget over the business cycle by deficit spending during recession and running surpluses during boom times. But...
http://www.irs.gov/newsroom/article/0,,id=225029,00.html A bit dated but contains some interesting language.
Good luck with the trade. I agree with your logic.
I doubt it since the funds would go back to the federal government either way.
But people should also keep in mind that any profits earned by the Fed after paying member banks the 6% dividend on their shares in the Fed are...
The problem, as I see it, is that the law will hurt the honest businessmen by forcing them to implement additional tracking systems and incur the...
A lot of people read articles ABOUT the Fed [mostly negative articles], but never bother to go to the Fed website(s) and check out what really...
All of my statements have been correct and linked back to the sources. I was clarifying your confusing response for the sake of other readers.
The problem with this technique is that the lines are drawn with perfect hindsight. I still like silver as a speculation despite the price rise,...
The paper dollars are printed by the Bureau of Engraving and Printing which is a branch of the Treasury Dept, not the Fed. They do for paper what...
Member banks of the Federal Reserve System receive a 6% dividend on the shares in their regional Federal Reserve Bank that they are required to...
I'm not confused at all. You are correct that it is the Bureau of Engraving and Printing that makes the FRNs, which is exactly what I said if you...
I like it too. I've always been sort of an economics/investment junky. Unfortunately, most of the academic side of economics is now dominated by...
The Fed does not print the money. Maybe you are referring to the transaction whereby the Fed purchases US Treasury securities. They don't charge...
I think that's the most sensible way to invest in copper.
Methinks someone will be renting for a long time. When investments are made under the pressure of needing a profit, they rarely work out.
That's funny because I would say it is greed. Maybe it depends on the buyer. Central banks probably view it as a defensive holding. Hedge funds...
Of course, Warren sold his silver at $7.50 or so. I would have a hard time choosing JPM over gold or silver if forced to hold for 12 months.
The Fed isn't a private company. It is a creation of Congress. They don't print currency, the US Treasury does [Bureau of Engraving and...
Happy, welcome to CoinTalk. So what are your conclusions from doing the homework/research? Do you have a good idea of where silver is going in...
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