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<p>[QUOTE=&quot;imrich, post: 13663759, member: 22331&quot;]The bonds are from the 1960-70-80s, and I was informed that they were to be sent unsigned to treasury direct, where they will cash your bonds and hold your funds.</p><p><br /></p><p>I believe you&#039;ve been misinformed, as my info was verified by U.S. banks, and Treasury Direct recently, but I&#039;ve received inaccurate financial information from our public and private institutions.</p><p><br /></p><p>How do you think the feds will bankrupt our Fiat, securities, etc.?</p><p><br /></p><p>During the Great Depression, in all, 9,000 banks failed--taking with them ~$7 billion in depositors&#039; assets. In the 1930s there was no such thing as deposit insurance--this was a New Deal reform. When a bank failed the depositors were simply left without a penny. The life savings of millions of Americans were wiped out by the bank failures.</p><p><br /></p><p>The Federal Reserve System is the <a href="https://www.investopedia.com/terms/c/centralbank.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/terms/c/centralbank.asp" rel="nofollow">central bank</a> of the United States. Referred to as the Fed, it is arguably the most influential economic institution in the world. One of the chief responsibilities set out in the Fed&#039;s charter is the management of the total outstanding supply of U.S. dollars and dollar substitutes.1 That means the Fed is responsible for the policies that create or destroy billions of dollars every day.</p><p><br /></p><p><br /></p><p>Despite being charged with managing the money supply, the modern Federal Reserve does not simply run new paper bills off of a machine. Of course, real currency printing does occur (with the help of the U.S. Department of the Treasury). However, the vast majority of the American <a href="https://www.investopedia.com/terms/m/moneysupply.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/terms/m/moneysupply.asp" rel="nofollow">money supply</a> is digitally debited and credited to commercial banks. Moreover, real money creation takes place after the banks loan out those new balances to the broader economy.</p><p><br /></p><p><br /></p><p>The Federal Reserve, as America&#039;s central bank, is responsible for controlling the supply of U.S. dollars</p><p><br /></p><p>The Fed creates money by purchasing securities on the open market and adding the corresponding funds to the bank reserves of commercial banks.</p><p><br /></p><p>The Fed uses the federal funds rate to affect other interest rates and adjust the money supply.</p><p><br /></p><p><span style="color: #ff0000"><b>To combat the recession caused by COVID-19, the Fed lowered the reserve requirement for banks to zero!</b></span></p><p><span style="color: #ff0000"><br /></span></p><p><span style="color: #ff0000"><b><span style="color: #000000">The aforementioned information is all publicly posted, and is trusted not to be inaccurate/political.</span></b></span></p><p><br /></p><p>It should be noted that some small creative financial institutions have found a means to bypass the edicts of Treasury Direct, and accept the bonds as financial documents to be exchanged as &quot;cash&quot;.[/QUOTE]</p><p><br /></p>

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