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No. There are only about 5 trillion dollars in existence. It's unlikely they could loan out 40% of all the US dollars in the world.
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Is there anyone worth a trillion dollars?
nope not yet.
Who owns the securities at the Federal Reserve?
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States.The Federal Reserve System fulfills its public mission as an independent entity within government. It is not "owned" by anyone and is not a private, profit-making institution.However, the Federal Reserve is subject to oversight by the Congress, which often reviews the Federal Reserve's activities and can alter its responsibilities by statute.
Where does collected IRS money go?
To the Federal Reserve to pay for the interest on the Government's debt. The Fed is owned by J.P. Morgan's, The Bank of America and other privately owned banks. So your money goes to a man named Rothschild and there's not a damned thing anyone can do about it. Cheers
Where could one learn about the practice of Fractional Reserve Banking?
Anyone can learn about the practice of Fractional Reserve Banking online or by reading it in the Wall Street Journal newspaper. Many call it a scheme.
If banks lend the money they receive as deposits how can you be sure that you will be able to withdraw all your money when you want?
The answer to your question is very simple. Banks do not lend ANY of the money you have deposited out to ANYONE. When a bank makes a loan it is done like this. Lets say you walk into the bank and want to buy a car. You ask the bank to "loan" you $10,000. The bank goes to your account and with a bookkeeping entry puts $10,000 into your account. They just create the money out of THIN AIR. Now there are rules that govern how much money a bank can loan. The system used in the united States is known as a fractional reserve banking system. Now under that system if a bank has a deposit made of lets say $10,000 they can then loan out $9,000 of the $10,000 they received in deposits. However they don't actually loan any of the original $10,000 out, they just make a bookkeeping entry in their computers to your account for $9,000 and then charge you interest on that loan. So now out of thin air they have they have upped the amount from $10,000 to $19,000. The Federal Reserve system is first a PRIVATE bank there is nothing federal about it. Second the fractional reserve system we operate on is 10%. In the above example you will note that with the total amount created being $9,000 they now with the original $10,000 only have to keep $1,900 in reserve. So basically from the original amount deposited of $10,000 they could theoretically "loan" out $100,000. Here is a link to a document from the federal reserve that will explain it better. http:/www.rayservers.com/images/ModernMoneyMechanics.pdf
Is there anyone worth a trillion dollars?
nope not yet.
Who owns the securities at the Federal Reserve?
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States.The Federal Reserve System fulfills its public mission as an independent entity within government. It is not "owned" by anyone and is not a private, profit-making institution.However, the Federal Reserve is subject to oversight by the Congress, which often reviews the Federal Reserve's activities and can alter its responsibilities by statute.
How is a trillion written in finance?
The world of finance uses the same Arabic numerals as anyone else. If you are talking about a trillion dollars, it looks like this: $1,000,000,000,000.00
How do you use the word trillion in a sentence?
I do not think anyone can count to one quadrillion in their lifetime.
Does anyone have a trillion dollars?
No. The richest person in the world has about $53.5 Billion. But the Smithsonian Institute has way over 1 trillion Dollars. It has over 100 million artifacts which some are worth a few million to a few billion dollars each. The hope diamond alone is worth about 300 million dollars.
What happened to the 2.3 trillion dollars spent by the Pentagon in 2001?
Has anyone answered this one?, seems still unanswered, just curious.
What is the value of a 1929 one hundred dollar bill from the federal reserve bank of chicago with a g on it?
I am looking for the same answer... if anyone can answer that question please do.
How do Federal Reserve banks get their money?
The Federal Reserve Bank doesn't get their money from anyone; they're the central bank for the United States of America. They watch our GDP, or Gross Domestic Product, which is the measure of growth in our economy, and supplies money to satisfy that level of growth. One of the FRB's jobs is to regulate the quantity of money in our economy to avoid inflation and deflation. Bills are printed by the Bureau of Engraving and Printing at the request of the FRB, and are distributed to the banking system via the 12 different regional Federal Reserve banks around the US. In conjunction with the BEP the FRB also shreds old money after it has cycled through the system a certain number of times. Millions of old dollars are shredded by the FRB every day. I'd like to just add in here, that the Federal Reserve is not Federal at all. It isn't even a part of our government and is not subject to U.S laws. It is a private bank that was given it's power through the 1913 Federal Reserve Act, and the 'law' was not legally ratified. The Federal Reserve was the cause of the Depression and all, including current, inflation and loss of value in the U.S dollar.
Who owns the federal reserve bank in the US?
AnswerThe Federal Reserve Bank in the USA is a privately owned cartel: it is not a Government agency."Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders."- The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s"Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all. The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt. ...#1 The Federal Reserve System Is A Privately Owned Banking CartelThe Federal Reserve is not a government agency.The truth is that it is a privately owned central bank. It is owned by the banks that are members of the Federal Reserve system. We do not know how much of the system each bank owns, because that has never been disclosed to the American people.The Federal Reserve openly admits that it is privately owned. When it was defending itself against a Bloomberg request for information under the Freedom of Information Act, the Federal Reserve stated unequivocally in court that it was "not an agency" of the federal government and therefore not subject to the Freedom of Information Act....[All above quotes taken From "10 Things That Every American Should Know About The Federal Reserve" at http://theeconomiccollapseblog.com/archives/10-things-that-every-american-should-know-about-the-federal-reserve]Who owns the Federal Reserve?The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects. As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms.......[Above quote From "Federal Reserve Education Fed Basics" at http://www.federalreserveeducation.org/faq/topics/fed_basics.cfm ]
Can you wear reserve ribbons on active duty uniform?
You're thinking of ribbons such as the Reserve Component Overseas Training Ribbon? Yes, you can, as long as they are DA authorised awards. However, states also have their own ribbons which they award to National Guard personnel - those cannotbe worn on the uniform of anyone in a (fully) federal component, such as the Regular Army or Army Reserve, nor do Guard members wear them when they're under federal activation.
How much money is in circulation in the world today?
To make this question answerable in a finite amount of time, let's simplify things and ask, "How much money is there in actual United States dollars?" Since the statistics for the U.S. are easy to come by, we can examine this question in a couple of different ways.M1 represents all of the currency in the M0 money supply, plus all of the money held in checking accounts and other checkable accounts, as well as all of the money in travelers' checks. In July 2009, the M1 money supply for U.S. dollars equaled about $1,655.6 billion [source: Federal Reserve].M2 is the M1 supply, plus all of the money held in money market funds, savings accounts and small CDs. In July 2009, the M2 money supply was about $8,326.8 billion [source: Federal Reserve].M3 is M2 plus all of the large CDs. As of March 2006, the Fed no longer tracks the M3 money stock as an economic indicator. That month, M3 totaled around $10.3 trillion [source: St. Louis Fed].All told, anyone looking for all of the U.S. dollars in the world in July 2009 could expect to find around $8.3 trillion in existence.
Can a boy have a million dollars?
In the USA, anyone can have a million dollars.
