Comment: Ah yes, but my answer was incomplete.

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In reply to comment: Happy New Year (((Paul_S.))) (see in situ)

Ah yes, but my answer was incomplete.

Congress promised member banks 6% profit on the paid in gold after expenses.

Earnings in access of the 6% is paid into the Treasury as a "franchise Tax."

New laws are in the making that will make it difficult or illegal to do business with any but the Federal Reserve family of companies. This is how Congress plans to raise revenues by reducing our choice of suppliers.

The IRS or FTC or other federal agencies can tax or harass the free market players with fines and court costs.

At that time I had just started considering about who benefited and how.

Reserve Members benefit from a guaranteed income.

Congress benefits from its franchise tax revenues.

We get screwed. It's not a very pretty picture.

That was a good thread. Gobs of great information and questions.

Free includes debt-free!