[Istlota]

Originally Posted by Corals

I'm glad you gave us a choice because I don't think anyone actually knows exactly what they get up to.

I would have thought they would print more notes, as I don't think they have that amount in gold to sell off, plus the speed at which they would have to sell it.

They would most likely print more notes and give a loan to the US Treasury at interest to the government, then the government would have to raise taxes etc in order to repay the Fed.

What is amazing is that the Federal Reserve is a privately owned corporation with 70% of its major shareholders being foreigners (non-Americans), located in foreign countries. Makes you wonder.

Yes, it does. Especially when you consider that this privately owned organization:

• Is the only entity in the world allowed to print USD. Technically, the Bureau of Engraving and Printing prints USD, but that is a red herring since the BEP only prints up mo' money when the Fed instructs them to do so.
• Is the only bank in the US that is not audited. The Fed Res board is composed of bankers who do all their business in secret, behind locked doors and armed guards. Their decisions affect the wealth of the entire world. Yet, they are not required by any law, domestic or international, to inform anyone of what they do - not even POTUS, the Senate, or the Secretary of the Treasury.
• Deliberately and knowingly creates and maintains inflation.