The Expiation of the FED by James Gilmore

The Expiation of the FED

James Gilmore

176 pages missing pub info (editions)

nonfiction history
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The Federal Reserve Act stipulates that all of the 12 Fed banks "have reserves of gold certificates equal to 40% of Federal Reserve notes in circulation or equal to 35% of their deposits." In 1927 the Fed's original (1913 20-year franchise) was al...

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