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Federal reserve is now being nationalized and merged into the treasury ... smarts please explain
89ute
Member, Swaye's Wigwam Posts: 2,477 
Was our entire economic system just quietly changed while everyone is yelling CORONA CORONA CORONA?
Is this NOT a big fucking deal? What are the markets going to do Monday? Who will control the money supply? Does this mean no one is going to tell the banks what their reserve level must be?
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
Is this NOT a big fucking deal? What are the markets going to do Monday? Who will control the money supply? Does this mean no one is going to tell the banks what their reserve level must be?
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
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