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Are We Headed Towards a Monetary Breakdown? | Jeff Snider

Hidden Forces

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The Federal Reserve, Isn't That the Key Difference?

Dollar denominated deposits in the US banking system by federally insured banks are money good. But there's still no federal reserve notes. The Fed is so far behind the curve that this stuff was developed in the 50s, 60s and 70s,. long before the Fed even started thinking about them.

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