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Re: Saving Grace post# 22035

Thursday, 11/12/2020 9:31:57 PM

Thursday, November 12, 2020 9:31:57 PM

Post# of 22503
OMG! LMAO!!!! Really?

The Federal Reserve is no longer as it was moved into the US Treasury and both are managed by shadow bank BlackRock. Blackrock has taken over the US Treasury and Federal Reserve Bank.


The U.S. Federal Reserve Bank was established by Congress in 1913. The Federal Reserve Bank is self-funded.

THE FED IS IN NO WAY SHAPE OR FORM OWNED OR CONTROLLED BY BLACKROCK! ALL PROFITS GENERATED BY THE FED ARE TRANSFERRED TO THE U.S TREASURY!

More importantly, contrary to the posted claim, Bank of America is not a "Central Bank"! B of A is a National Bank that is overseen by the U.S. Federal Reserve Bank!

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

The federal government sets the salaries of the board's seven governors, and it receives all the system's annual profits, after dividends on member banks' capital investments are paid, and an account surplus is maintained. In 2015, the Federal Reserve earned a net income of $100.2 billion and transferred $97.7 billion to the U.S. Treasury. (Wikipedia)

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