Federal Reserve Notes are what are being issued to worthless oblivion and >the US dollar is a fucking UNIT
All of the elevated rhetoric from both sides is to make you feel as though your vote made a difference. This is to give you the illusion of choice. It doesn't matter who runs Congress or who is President, the Federal Reserve will still run the show, rigging markets and rewarding failure, all while still counterfeiting our currency via QE and charging us interest to do so.
There is a private cabal of banks who are able to counterfeit our currency using QE and then launder it by purchasing real assets at rock bottom prices during crises.
The United States needs to be the first nation to abolish its debt-based central bank. We can dissolve the Fed by an act of Congress, it is provided for in the Federal Reserve Act of 1913 itself. We need to issue debt-free US Notes again, like an actual sovereign nation, slowly recycle Federal Reserve Notes out of circulation, and pay off the debt while not acquiring any new debt.
We can dissolve the Fed, nationalize the Fed and/or repeal the Federal Reserve Act (all three options are in the Fed Res Act of 1913 itself) and then issue debt-free US notes like we did before the bloodsucking Fed.
based and real money pilled. money was always meant to be a store of labor or work. put a 100 dollar bill and another 100 dollar bill in a drawer by themselves and they will not reproduce. money cannot procreate itself therefor usury is retarded and a belief in magick
Connor Rodriguez
based. Bump. Fuck the Federal Reserve Fiat is slavery
Chase James
>an intrinsically useless object once a currency becomes an investment, it is no longer useful as a currency
US taxpayers paid $562 Billion in interest alone in fiscal year 2021 to issue our own currency out of thin air in the form of bond debt $562 billion ($562,000 million) Pic related
How it is: >US government needs currency >US treasury prints up some bonds >Federal Reserve creates money out of thin air and buys said bonds from US Government >US government now has new currency created out of thin air by Fed banks >Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee to the Fed’s shareholders which are called the primary dealers (the big banks), this is the US Public Debt
How it should be: >Congress makes annual budget >Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currency Are Americans ever going to realize this fraud?
>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it
The State Capitalist/Communist Regime of the Federal Reserve Uniparty
There is Free Market Capitalism, which we do NOT practice. This is when you have competition and the rewarding of success. We practice State Capitalism (low grade communism) in which the central bank rewards their buddies whether or not they are successful. They also launder their worthless Federal Reserve Notes into real assets while doing so, which are then held by their private corporation. This is State Capitalism.
Again, NOT to be confused with free market capitalism, which is probably only truly practiced somewhere in the Andes.
The Federal Reserve is a private incorporation (it can be sued) and is the driving force behind the corporate takeover of our government.
State Capitalism (aka low grade communism directed by the central bank): >the state has considerable control over the allocation of credit and investment >planning to protect and advance the interests of big business against the interests of consumers. >government controls the economy and essentially acts like a single huge corporation >publicly listed corporations in which the state has controlling shares
Good link for the Fed con in entirety, laid out in 105 posts. archive.4plebs.org/pol/thread/306098770/ Correction in archived thread: change mortgagee to mortgagor
The Fed Res Board of Governors are appointed by the President and confirmed by the Senate. The Fed’s Board of Governors is a neutered and ineffective regulatory body, and under regulatory capture by the NYFed. The 12 Federal Reserve Regional branches are the public franchisors, public franchisors which sell private franchisee stock to private banks in their region. The private banks buy stock in their regional Fed franchise, private stock which earns dividends of 6% annually. The NYFed is the largest and most powerful regional Federal Reserve branch. It conducts all trading for the Federal Reserve and is custodian for its assets. Its shareholders are the private big banks, aka the primary dealers, that issue our currency in the form of bond debt, who are the market makers for these US treasuries and are now using those treasuries and QE to counterfeit our currency. The Fed likes to confuse the publicly appointed Fed Board of Governors with the privately-incorporated shareholders of each regional Fed, so people don’t realize we are paying private banks to issue our currency. Pic related
>The NYFed runs the fucking planet, make no mistake about it. market makers for US treasuries >used to be 46, now there are 24 >Five-time felon JPM is the largest Behold, people! The failures of 2008 on fucking steroids.
>24 fucking nation-less financial corporations destroying the planet with national indebtedness, purposeful arbitrage and false scarcity >this is regulatory capture by the NYFed's primary dealers, allowing for the fleecing of an entire planet’s wealth
The Bank Of International Settlements (BIS) is the head of all central banks (and founded by JPM) and was created in 1930 under the Versailles Treaty to get money from Germany for all the nasty shit they did in WWI. The Federal Reserve and the Bank of England existed way before the BIS, the BIS morphed into their central clearing house and check-kiting hub for the first fractional-reserve, fiat, debt-based central banking schemes run in a few countries and then expanded from there to installing its central banks in over sixty countries. Pic related Note Iran, Iraq, Cuba, Syria, North Korea, Afghanistan, and Venezuela are NOT on the list lol Note China IS ON THE LIST >China begged to be in the basket of currencies under the IMF and BIS in 2015 and the yuan was finally used in 2017 >only took the NYFed four years to get china bent over the table >Damn Note Ukraine is NOT on the list, as it was a 2014 freshly-installed regional NYFed bank branch, it was still on probation Russia is looking to get off the list.
what does the constitutional say about the current at sea?
Camden Cook
I have to go to work. Good day anons.
The Federal Reserve is like metastasizing cancer and you should use cash or barter whenever possible. We are devolving into low grade communism, aka state capitalism and are now witnessing a slow-motion corporate takeover of the US by the Fed, its shareholders (the big banks aka primary dealers), triparty brokers, and hedge funds. When fiat paper is looking good, you know things are bad. Use cash and barter as much as possible!
The Fed has coerced the US into a central bank-run state capitalist system. What you are witnessing is the corporate takeover of the USA by our own financial sector and its majority-owned stock in mega corporations. This is evidenced in not only recent corporate media surveillance and censorship, but also in the ongoing wealth transfer scheme of orchestrated booms and busts by the Fed and its primary dealers (laundering their worthless Federal Reserve Notes into real assets held by their private incorporation). The Fed itself now holds 1/3 of all US mortgages. This was illegal before 2008.
There is not a country on Earth that practices free market capitalism. The Fed is a con, plain and simple. God only knows what true capitalism, real price discovery and sovereign nations trading with each other in a free market would be like. Imagine sovereign nations issuing their own currencies. God only knows where we would be today, had the Federal Reserve and the IRS (both created in 1913, btw) never been created. No orchestrated booms and busts, no crony capitalism, no corporate tax subsidies, no failing IPOs, no QE, no counterfeiting Central Banks, no derivatives. Only states were supposed to impose an income tax. We are so far from free market capitalism, it is staggering. This is the Federal Reserve Uniparty
CNBC incorrectly reported on March 11, 2022 that the Fed’s assets totaled $8M, which is a MILLION TIMES LESS than its actual holdings, which is really a staggering $8 TRILLION. Steve Liesman did not bother to correct this, nor did he say the word trillion.
Some possible reasons for such an error, none of which are good: 1. CNBC is incompetent and they actually think the Fed only holds $8M in assets 2. Steve Liesman is incompetent and thinks the Fed only owns $8M in assets 3. The CNBC chart guy thought it was already in millions, lol 4. Credible and reliable financial journalism has been dead for a long time 5. CNBC has an active interest in defrauding the public 6. The units were purposely omitted because the average public might wake up if the chart accurately said $8T, while paired with “Is the Fed doing a shitty job?”
arxiv.org/pdf/1107.5728.pdf The network of global corporate control Stefania Vitali, James B. Glattfelder and Stefano Battiston >The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there wasno appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions.This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers.
> a large portion of control flows to a small tightly-knit core of financial institutions.This core can be seen as an economic “super-entity” > a large portion of control flows to a small tightly-knit core of financial institutions.This core can be seen as an economic “super-entity” Pic related They all sit on each other's boards, own stock in each other's companies. Barclays is the most powerful (CEO is David Agius, husband to Kate Rothschild). The paper is mathematical, out of the Swiss FIT.
Note China is only ONCE on this list and it is LAST.
The Federal Reserve Act of 1913 says it will back each Federal Reserve Note in circulation with forty cents of gold. They don't do this. The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail. They are not. The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US. It doesn’t. The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed. They don’t. The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt. It definitely doesn’t do this. lol The Federal Reserve has 3 mandates —people now only talk about the dual mandates, which are stable prices and low unemployment—the third mandate is to keep long term interest rates constant. They don't do this. The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve. They don’t do this. The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will. They don’t do this. The Federal Reserve Act of 1913 says its by-laws are not to violate US law. They do. The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper. They do. The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock. They don’t do this. The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks. They don’t. The Federal Reserve Act of 1913 says Fed banks will publish complete details weekly of their assets and liabilities, as well as the nature of their transactions. They don’t do this.
and... The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books. It doesn’t do this. The Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits. It doesn’t do this. The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury. It doesn’t do this. The Federal Reserve Act of 1913 says the Fed’s franchise will be forfeited if they violate law. It is not. The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold. They’re not. The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for all Fed bank debts and contracts. They aren’t. The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold. They aren’t.
Gold is mentioned 53 times and on 11/25 pages. The word gold is littered throughout the Federal Reserve Act of 1913, basing one promise after another on GOLD. It was the ONLY reason the legislation passed.
The Federal Reserve Act of 1913 says the Federal Reserve will not pay any income tax, its shareholders will receive a 6% dividend or the yield on a US 10-year treasury (whichever is higher) and also to have all their expenses paid. They did manage to uphold these parts of the Federal Reserve Act of 1913.
>tech/greed/narcissism destroys humanity one person at a time >people are surprised when the world turns into a superficial shithole loaded with people of low integrity, no skills and no standards
watch as the Federal Reserve Uniparty owns, datamines, monetizes, surveils, and profits from every transaction on the globe
today, most people are either: corrupt (they are actively profiting) compromised (someone is blackmailing them) complicit (not outwardly doing anything illegal, but looking the other way so they may get theirs) or cowardly (they are too spineless to speak up)
We have all been living a horrible lie that only benefits those entities that issue the currency (24 international banks aka the NYFed's primary dealers) and those financial firms that they choose to fund. This century-long, usurious scheme leads to a grotesque elitist class, inequality, misallocation of capital and market rigging. This constant skimming by the privately-incorporated Federal Reserve Uniparty leaves the citizens downtrodden and constantly in need of new loans and taxes. Until the Fed has been abolished, we will continue to devolve.
We must all BE the standard that we want to see. FINANCE MUST BE THE SERVANT OF PRODUCTION, NOT ITS MASTER.
>We have all been living a horrible lie that only benefits those entities that issue the currency (24 international banks aka the NYFed's primary dealers) and those financial firms that they choose to fund. >This century-long, usurious scheme leads to a grotesque elitist class, inequality, misallocation of capital and market rigging. This constant skimming by the privately-incorporated Federal Reserve Uniparty leaves the citizens downtrodden and constantly in need of new loans and taxes. Until the Fed has been abolished, we will continue to devolve.
