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Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’

Mon, 2009-11-16 03:24 — ABN

The Federal Reserve — the quasi-autonomous body that controls the US’s money supply — is a “Ponzi scheme” that created “bubble after bubble” in the US economy and needs to be held accountable for its actions, says Eliot Spitzer, the former governor and attorney-general of New York.

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His having these views is almost certainly the reason Spitzer was busted last year in the call girl sting. ABN