If $2.1T can be unaccounted for in the DoD, what do you think the Fed can do?I remember reading an interview in a magazine a long time ago, don’t remember which one. But Fred Smith said he wanted to copy the Fed’s business model as a government sponsored and sanctioned monopoly but owned privately.
The strategy was to get a government contract for life to handle all the logistics for the federal government with those little planes he had.
The crazy thing about the Fed is that it has never been audited. Whats to keep someone from getting a few million “accidentally” deposited into their account. Over all this time period I think it’s naive to think it hasn’t happened. Crazy. Funny that blockchain is easy to audit. But our monetary system is not compatible with blockchain.
It’s far more than millions. Central banks are a tool of wealth extraction.
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