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Nov 21, 2008 
The U.S. Treasury WILL ARRANGE FOR 1.Loans in freshly created U.S. Paper Currency to Banks to bring their cash reserves up to 100%. All currency labeled United States Notes will be recalled and burned. 2.Banks would pay 3% interest to the Treasury on these loans. 3.Fed borrows from the Treasury the new currency to bring their cash reserves up to 100% to cover their demand deposits plus…
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