Subject: The term Greenback may be distasteful when referred to the

Comment:

See Original Content on OpEd News in article titled "Where Does Money Actually Come From? And why you've been getting screwed all your life."

The term Greenback may be distasteful when referred to the Federal Reserve Note, nevertheless, for all intents and purposes the FRN is the new Greenback, it is now and always was the issue of the US Treasury and should be obvious in the history of the Great Depression which produced the Arsenal of Democracy that beat two fascist powers in two hemispheres at once and in the aftermath of the present bailout scheme and the permanent subsidy policy. The Big problem is how the Private Sector controls the US Money System, and all educational and MSM communication on the Fed and its debt based system. The Fed's operations are under the control of its Private Sector Board of Governors, herein lies the crime and MMT is congruent with this reality.

Close Window