The Politics of Money

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this is the Fed's idea of diversity

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Trumps a Catholic piece of crap. His commie math is based on the papal supremacy doctrine. All of Trump inner circle is Catholic including that lindel

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>Is this the beginning of the end for the Fed?

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The NY Fed's Quantitative Easing (QE) counterfeiting scheme:
NYFed buys treasuries outright from NYFed primary dealers using reserves. This is QE.
Primary dealers take those reserves and earn IOER (now called IORB) on them, which IS paid in cash to the primary dealers--cash, which they DO make interest on, this is their counterfeiting scheme (also, every penny paid in interest (cash) to the primary dealers for excess reserves also reduces the Fed’s remittance to the Treasury).
The Fed did this in response to the financial collapse of 2008 and is how its primary dealers have been effectively counterfeiting our currency since.

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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

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Daily reminder:

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

Thread with more Fed info and links to house & senate crypto summaries:
archive.4plebs.org/pol/thread/329381702/

Criminal activities of the NYFed's primary dealers
archive.4plebs.org/pol/thread/342538518/

The NYFed investing in China:
archive.4plebs.org/pol/thread/359651784/#359683568

Ukraine & its owner, the NYFed, a thread: archive.4plebs.org/pol/thread/373203255/

Latest Fed thread: archive.4plebs.org/pol/thread/389999787/

The irony here is that we are, in real time right now, witnessing the failure of low grade communism, aka state capitalism.

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