Biden Treasury nominee wants to eliminate private banking

JGalt

Diamond Member
Mar 9, 2011
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Your money would be held by the Federal Reserve instead. :auiqs.jpg:

Can you imagine what the response would have been if President Trump had said, "Hey, I'm going to nationalize everyone's bank accounts now, ok? Thanks...."

"Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank accounts and deposits."

WATCH: Biden's Banking Nominee Calls to Eliminate All 'Private Bank Accounts'

 
The Federal Reserve which is privately owned and not government owned would be in near total control. There are several families which own it. It was an act voted into law in 1913. It removed gold and silver as a backing for our currency. And we became another nation with a Fiat Currency. As they own/control many of them. Our treasury department prints the currency for them.
 

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