Quote:
Originally Posted by onwebcam
They have the same role as the Fed only on a much larger scale. And of course there has been shit regarding them because the loans come with strings attached. Just like if you don't make your car note it gets repo'ed. That's the whole point in getting everyone under it, control. Now that some have figured it out they are trying to break away. IE the BRIC nations.
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No, they have no same role as FED. And I have no idea what's car note or "repo'ed". Although it might be because of my baad eengliissh.