Re: Breaking: Fed Injects another $7 Billion of Temporary Reserves Into Banking System
How much money can the FED pump into a "bankrupt" nation?
Answer: As much as they want. Let's see here. 1.The U.S. controls the world's oil (Saudi Arabia and Iraq)
2.The U.S. controls the world's largest economy, If we fall everone falls,(including China and Europe.)
3. The U.S. controls the largest arsenal of nuclear weapons on Earth, I doubt if anyone wants us to use those.
4. The U.S. controls the largest fertile farmlands on Earth, (enough to feed the world) although like everything it becomes obsolete.
5. The U.S controls the use of outer space, I doubt China can do that.
So as you can see, the U.S. Federal Reserve can print paper-money forever and ever until SOMEONE OUTSIDE THE U.S. dares to STOP IT! (or even INSIDE THE U.S. dares to STOP IT! :-o remember JFK and JFK JR.)