JD Seller and others. Since 1913 The FEDERAL RESERVE determines Monetary Policy. The government can advise to a point. The Federal Reserve is owned by the banking system and answers to no one. It is PRIVATELY OWNED and not government. The Teasure Secretary is pretty much controlled by the Fed. When you deposit a dollar in the bank it becomes a promissary note. If things get tough the bank does not have to give it back to you The Big Banks CAN NOT fail because 5 or 6 banks own a large portion of our debt, business loans, money in circulation, etc. It really is not a pretty picture. Some key dates are the creation of the Federal Reserve, FDR devaluating gold, and the President Nixon taking us off the gold standard and LBJ Guns and butter policy was the beginning of what we have today. If you read on FED POLICY and Guys like David Stockman and other former government and Fed officials you will be told Dollar will fail. When it hits the wall nobody knows. If anybody has questions, I can remember monetary policy and significant events back to the mid 1950s
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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