FedComplete

A new suite of services was announced by the Fed called FedComplete.

It is interesting to note that all these money management systems are own by the Fed and users are charged for the services.  This is a sideline business for the Fed but I wonder if it is a growing line of business within the Fed.  It is essentially a monopoly business although down at the bottom levels there are companies that produce software to integrate with it.

Dealing in a monopoly system to own it and rule it seems to be business model of the Fed.

Making money not only on money but on the system in which it flows.

If the Fed was abolished (not sure exactly what would be abolished except changing debt money to asset money spent into the economy by the government and abolishing fractional reserve) then the money handling system that they own, nationally as well as world wide, is a big line of business that the owners would still hold.