Better Dead Than ‘Fed’: Behind Palin’s Dig at ‘Unbiblical’ Fed
…he money to honor my check? From some depositor who deposited his paycheck today… Fractional reserve banking violates the biblical principle against multiple indebtedness. When bankers violate this law (with the consent of the State), it leads to inflation and economic booms, followed by deflation and economic depressions. In buying and selling bonds and manipulating interest and reserve rates the Federal Reserve, according to North, fraudulently…
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