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Originally posted by ProtoplasmicTraveler
the United States incorporated and went into Bankruptcy in 1933
Originally posted by xxshadowfaxx
It seems to me like if they take 1% of the gold every year, after 99 years, there will be no gold left....
this doesn't make sense to me, can anyone explain it?
Originally posted by hellobruce
Originally posted by ProtoplasmicTraveler
the United States incorporated and went into Bankruptcy in 1933
Oh dear, you were spinning a nice little yarn until you dropped that obvious clanger. That is just silly.
[quote]Today the United States, Inc. is still in Bankruptcy receivership
no it is not.
I asked for proof.
Nothing in this thread backs up your claim that it's a hoax. One person states that the Fed could simply reinstate their charter.
The Federal Reserve Act of 1913--which established the Federal Reserve as the central bank of the United States--has been amended or altered by the Congress numerous times over the years, but the act has never included an "expiration date" or repeal date. As stated in the law itself, the Federal Reserve Act can only be repealed, amended, or altered by the Congress.