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<p>[QUOTE="justafarmer, post: 1312105, member: 3926"]Following is just a small list of your statements from this thread</p><p><br /></p><p>“#171 - Maybe you guys simply don't realize that FRN is a nickname for all dollars issued by the Federal Reserve. This includes all dollars sitting in electronic form in bank accounts. </p><p>#181 - It's exactly the same currency. There is only one USD. Unless you can produce some proof there is more than one type of USD currently in circulation, you are only expressing an opinion, and an incorrect one at that. </p><p><br /></p><p>#181 - Posted above. It's via the Federal Reserve Fedwire system using Federal Reserve dollars. Fedwire only processes FRNs. All of the primary dealers are either Federal Reserve banks or foriegn banks with direct access to the Federal Reserve. It's the Federal Reserve that holds the auctions. </p><p><br /></p><p><br /></p><p>#187 FRNs represent almost 100% of it. Provide some proof if you are so sure of it.</p><p><br /></p><p>BTW, it's the Federal Reserve that controls money supply. LOL Maybe you didn't realize this is one of the aspects of "monetary policy", which the Fed has complete control over.</p><p><br /></p><p>#217 - One more time, FRN is simply a nickname to refer to dollars created by the Federal Reserve. It's not limited to the printed form. You are spending USD and since 1971, the only USD in circulation are federal reserve dollars.</p><p><br /></p><p>#217 - The difference of printed dollars vs ledge dollars is irrelevant to this topic. They are all dollars created by the Federal Reserve. </p><p><br /></p><p>#223 - Furthermore. You consistently ignore the most damning item on your arguments about there being more than one type of USD. That is this direct quote from multiple websites of the the Federal Reserve.</p><p><br /></p><p>#228 - That would be counterfeiting if I understand it correctly. You can do better than the party you are referencing than making such an argument. I have never said that "all dollars are FRNs". I have said that all USD created since 1971 (except coinage) are Federal Reserve dollars. There is a huge difference. My logic is sound. “[/QUOTE]</p><p><br /></p>
[QUOTE="justafarmer, post: 1312105, member: 3926"]Following is just a small list of your statements from this thread “#171 - Maybe you guys simply don't realize that FRN is a nickname for all dollars issued by the Federal Reserve. This includes all dollars sitting in electronic form in bank accounts. #181 - It's exactly the same currency. There is only one USD. Unless you can produce some proof there is more than one type of USD currently in circulation, you are only expressing an opinion, and an incorrect one at that. #181 - Posted above. It's via the Federal Reserve Fedwire system using Federal Reserve dollars. Fedwire only processes FRNs. All of the primary dealers are either Federal Reserve banks or foriegn banks with direct access to the Federal Reserve. It's the Federal Reserve that holds the auctions. #187 FRNs represent almost 100% of it. Provide some proof if you are so sure of it. BTW, it's the Federal Reserve that controls money supply. LOL Maybe you didn't realize this is one of the aspects of "monetary policy", which the Fed has complete control over. #217 - One more time, FRN is simply a nickname to refer to dollars created by the Federal Reserve. It's not limited to the printed form. You are spending USD and since 1971, the only USD in circulation are federal reserve dollars. #217 - The difference of printed dollars vs ledge dollars is irrelevant to this topic. They are all dollars created by the Federal Reserve. #223 - Furthermore. You consistently ignore the most damning item on your arguments about there being more than one type of USD. That is this direct quote from multiple websites of the the Federal Reserve. #228 - That would be counterfeiting if I understand it correctly. You can do better than the party you are referencing than making such an argument. I have never said that "all dollars are FRNs". I have said that all USD created since 1971 (except coinage) are Federal Reserve dollars. There is a huge difference. My logic is sound. “[/QUOTE]
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