Mukilteo Beacon - Your Hometown News Source

Letter: A slightly skewed history of the Federal Reserve

 

January 3, 2018



Once upon a time a couple of expert printers amused themselves printing counterfeit money in their garages after work. They realized once they showed their wares they could face arrest or land a print job with the government. They succeeded spectacularly by obtaining the US money printing MONOPOLY!

Positive thinking accomplishes wonders for those who earnestly try!

They call themselves "Federal Reserve" since "Private Reserve" sounds too much like a distillery.

It is claimed "the fed" creates money out of thin air.

What a stupid rumor!

Thick or thin-- air is pre...



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