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Bank of America - Is the Federal Reserve Getting Cut Off?
I think power is being consolidated rather than given away. I do not expect, whoever wins that battle, i don't expect them to ced power over the currency to somebody else or certainly not a private market currency. The move to a central bank, iscurrnt currency would allow me to have an account with the fed. So do you see how dapy morgan, how do these big banks thrive in violent ware? You know, every day people can dis interact with the federal eserve. Well, this is an area that i've thought a lot about, an i kind of find it really interesting.