because these Treasury notes, these notes that will be in the Federal Reserve are always redeemable, they are not at risk. And if they ever became at risk in the Federal Reserve Bank, it would mean the Republic would be bankrupt.
Charles Rangel: “because these Treasury notes, these notes that will be in the Federal Reserve are always redeemable, they are not at…”
Editor's note · Context
Discussing the security of Treasury notes during a debate.
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