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RE: The True Meaning of The Wizard of Oz...Gold, the Federal Reserve and the Power of the People

in #money8 years ago

OMG! I loooove it! Janet Yellen is the "man behind the curtain"... you may have missed my post this morning on the balance sheet of the Federal Reserve... it exposes something about the not-so-obvious place of gold in our system: https://steemit.com/money/@thylbom/is-the-federal-reserve-system-broke Someone already commented that the Fed can't go broke, because it can print all the dollars it needs (half true). Reminds me that during the Cold War, no one thought the Soviet Union would collapse either, but look what happened. Strange world...