Every time a loan is made from the bank, the promissory note is deposited into a bank account like it was a check or money order. That's a creation of new money, and the bank gets it. Then it is sold at a discounted rate to people and companies who buy these notes. The money from the sale is pure profit for the bank owners in Europe.
There are probably a dozen other ways that the Fed Res Bank makes money off the trade that people do. To get America out of this supporting of Europe, we need to make US Treasury Notes as money, and shut down the Fed Res Bank.
It would simply be another form of
MAGA, and a big one.
