A conversation with a fed reseve banker. Here whats really - TopicsExpress



          

A conversation with a fed reseve banker. Here whats really interesting to me.... CALLER - How much does the Federal Reserve pay for a $10 Federal Reserve Note? MR. SUPINSKI - Fifty to seventy cents. CALLER - How much do they pay for a $100.00 Federal Reserve Note? MR. SUPINSKI - The same fifty to seventy cents. CALLER - To pay only fifty cents for a $100.00 is a tremendous gain, isnt it? MR. SUPINSKI - Yes CALLER - According to the US Treasury, the Federal Reserve pays $20.60 per 1,000 denomination or a little over two cents for a $100.00 bill, is that correct? MR. SUPINSKI - That is probably close. CALLER - Doesnt the Federal Reserve use the Federal Reserve Notes that cost about two cents each to purchase US Bonds from the government? MR. SUPINSKI - Yes, but there is more to it than that. CALLER - Basically, that is what happens? MR. SUPINSKI - Yes, basically you are correct. CALLER - How many Federal Reserve Notes are in circulation? Heres the link the the entire conversation: illuminati-news/phone-call-to-fed-reserve.htm
Posted on: Sun, 03 Aug 2014 17:26:27 +0000

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