>Federal Reserve
>Not actually part of the Federal Government
Federal Reserve
Jaxon Edwards
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Benjamin Parker
Weeeeeeeeeeeew How come ?
Since when ? Take it back dude
John Hill
As federal as FedEx.
The fed is a Jewish mafia scam.
Owen Morgan
>Since when
1913
Joshua Ramirez
Are you sure not before ?
Lucas Davis
Why didn't the kebabs land a plane into the Fed instead?
Logan Allen
Well, that's when it was official.
Blake Diaz
They're technically private, but that doesn't eliminate any complaints about the Federal Reserve, it still maintains a government granted monopoly over our currency.
James Barnes
What happen ? Is true its the Rothchild that controls it ?
Leo Garcia
so... when we running them out?
Angel Powell
In the election of 1912, the Democratic Party won control of the White House and both chambers of Congress. The party's platform stated strong opposition to the Aldrich Plan. The platform also called for a systematic revision of banking laws in ways that would provide relief from financial panics, unemployment and business depression, and would protect the public from the "domination by what is known as the Money Trust." The final plan, however, was quite similar to the Aldrich Plan, with a few revisions. Sen. Carter Glass made these revisions, although the main premise of the Aldrich Plan was in there.[8] Changes in the Banking and Currency System of the United States]. House Report No. 69, 63d Congress to accompany H.R. 7837, submitted to the full House by Carter Glass, from the House Committee on Banking and Currency, September 9, 1913. A discussion of the deficiencies of the then current banking system as well as those in the Aldrich Plan and quotations from the 1912 Democratic platform are laid out in this report, pages 3–11.
You may recognize the name Glass, from the Glass-Steagall Act.
Soon...
Jeremiah Robinson
If Trump can't end the Fed then his whole MAGA shit is worthless. America will never be good until the Govt can control the quantity of debt free money.
Jace Campbell
we're running nobody out, the current head of the treasy Mnuchin was a goldman sachs CEO, he specifically said he wouldn't audit the fed or change major policy.
Trump doesn't care either, say what you want about trump but Sup Forums puts too much faith in him. The federal reserve is directly linked to economic crashes.
Landon Bailey
so whats the plan ?
Build a Trump Bank
Levi Miller
Says the tax haven. Free Derry, you pasty nigger.
Currency based on liberal asspain.
Hudson Sullivan
The Makers of Monetary Policy
JIM LEHRER: What is the proper relationship, what should be the proper relationship between a chairman of the Fed and a president of the United States?
ALAN GREENSPAN: Well, first of all, the Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take. So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't, frankly, matter.
Greenspan Examines Federal Reserve, Mortgage Crunch
September 18, 2007 at 6:40 PM EDT
pbs.org
Nathan Edwards
Allen Greenspan Admitting the FED is above the law congress and president
Uploaded on Apr 17, 2010
youtube.com
Ryan Rodriguez
How did they have been left alone for so long without someone saying something about them and the power they have ??
Liam Sullivan
You know (((why))).
Liam White
Federal Reserve Notes = Global Currency
Does anyone want to upset that balance of central bank power?
No. And neither will Trump or any other head of state.
Ethan Davis
Full redpill below. NM Rothschild entities own the majority share in central banks around the globe. They reap interest on all outstanding currency, while simultaneously inflating said currencies to enrich prices of real assets (which they also control).
save-a-patriot.org
Jack Williams
No shit OP welcome to 1913...seriously lurk more newfag!
Kevin Morgan
if its private why does the president choose the chairman?
Carter Cook
>the jekyll island meeting
as been forgotten so fast
Connor Myers
...
David Thompson
He selects from a preselected list provided by the Federal reserve board. Was a theatre act to give the scam ligetimacy.
Everybody needs to watch the documentary called "the money masters"
Easton Hughes
It's just theater to fool tards, like you
Elijah Edwards
she looks anglo to me.
whats the problem
Andrew Sullivan
anybody who doesn't understand how the fed works really has no way to understand the majority of world happenings and the reasons for them.
youtube.com
understanding the petrodollar goes hand in hand with knowing the fed.
Gavin Myers
>Yellen was born to a Jewish family in Brooklyn, New York, the daughter of Anna (née Blumenthal) and Julius Yellen, a physician.[4][5] Her father's family originally came from the Polish town of Suwałki.[citation needed]
Charles Watson
Should I buy Gold ?
Oliver Clark
I feel as though there is a strong public resentment towards the Federal Reserve on moral and consequentialist grounds.. I just feel that it's discreet nature keeps it from ever drawing any level of sustained criticism even among people that know it's deviousness.
Thomas Massie and Rand Paul are working together to push an Audit the Fed bill right now in Congress. It'd sure be great if we could meme it into law.
Joshua Ramirez
>your wife's child
>not your child
Kayden Garcia
Retards, he literally said as long as Congress has no problem.
The president chooses the fed chairman. It's a legal technicality that the fed is an independent agency. It still derives it's power from Congress and it's members from the president.
Jeremiah Anderson
Retard. The chairman is chosen by the board of governors, also elected by the president and confirmed by the Senate.
Isaac Gonzalez
Maybe the autism of those "Audit the Fed" bumper stickers is working?
Asher Peterson
Also recently at some global monetary conference, Greenspan has returned to his support for a gold standard. Funny how the only time he was against it was as Federal Reserve Chairman..
Logan Allen
Did Trump name one Already ?
Dominic Reyes
Rare flag btw. What is going on overthere ?
Gavin Barnes
Here's my candidate:
en.wikipedia.org
He also in the running for Trump's Secretary of Treasury.
Bentley Butler
>shifting goalposts this hard
Also greenspan is saying the gold standard would have some benefits. He knows its completely impractical to use. The disparity between current gold prices and the US dollar means either artificially controlling gold (a global commodity) or one off hyperinflation of the US dollar.
Justin Jackson
Don't forget, the Fed can print off and lose however much money they want and nobody has a right to complain, not even congress.
Juan Gutierrez
ALL FACT AND ON PAPER
there's no disputing this at all
Elijah Jackson
You can spin it anyway you care to.
Greenspan spoke volumes.
Benjamin Allen
Feels good to be a Kentuckian
Kayden Moore
The fed is audited by an independent accounting firm every year, usually one of the Big 4. There's not much to audit. It's mostly treasury securities and interest on the money it lent out.
Nathan Rogers
He will soon. Yellen's term is up.
There's a new amendment which states we can't have four consecutive terms of a Chinese president so the next one is probably going to be Malay.
Jace Adams
No you should buy Silver
Its value will multiply against gold because it has more industrial uses and its rarer
> thats right
> the biggest silver mine collapsed
> and all the gold we had in domestic reserves prior to the 1950s has been lost due to industrial and medical use
But when shit hits, and when the economy gets set up again, the illusion of Silver's ubiquity will cease.
Also I suggest investing in Lead, if you were going to buy Gold anyways. Pic related somewhat.
Jason Baker
(((((((((((((((((((((((((((INDEPENDENT)))))))))))))))))))))
SUREEEE
Asher Reyes
The Treasury prints money. And the Fed's balance sheet exploded because it bought treasury securities as part of QE. How it bought the treasuries from bank was increase the deposit the banks held at the federal reserve.
>American education
Jeremiah Foster
Listen to Jim Rickards explain the upcoming changes to the Federal Reserve Banking chairmen.
In his 4 years he will have the ability to select 7 new central bank heads. Which could flip the US money strategy in favor of precious metals if Trump is truly MAGA.
youtu.be
Leo Miller
>spin it anyway
You mean interpret a sentence properly as opposed to just reading the YouTube video's title and not watching it.
Lucas Collins
Is Singapore fuck like the West ?
Aiden Hall
Culturally, slightly. Nearly everyone speaks English. Governmentally? Singapore is working socialism. Singapore is China but we opened up 30 years before them. 60% of entperises here have some government ownership. Few political freedoms, strict laws and one party has been ruling for four decades.
Aiden Murphy
The president of the US nominates. US congress confirms.
Your insulting tone adds nothing.
Greenspan spoke volumes.
>the Federal Reserve is an independent agency
>there is no other agency of government which can overrule actions that we take
>there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing
>what the relationships are don't, frankly, matter.
Frankly, Singapore doesn't matter concerning the FED.
Asher Sullivan
What are you talking about ?
Jace Jenkins
He's no Ron Paul, sadly.
Dominic Davis
Fuck off Mongoloid the Court case Lewis v. United States Ruled the Fed was privately run and not an agency of the Federal government
books.google.com
Kevin Morales
Also Kennedy c Scott v Federal Reserve bank of Kansas ruled the Fed independent and NOT run by government
caselaw.findlaw.com
Jonathan Lopez
>It's a legal technicality that the fed is an independent agency. It still derives it's power from Congress and it's members from the president.
Incorrect.
The Federal Reserve was designed to be apolitical, enabling the board to set monetary policies without conflicts of interest.
Kayden Jones
[Gold] is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it.
~ Alan Greenspan, 2014
Cash in not a very convenient store of value....
~ Janet Yellen, 2015
Levi White
Chew on this for awhile:
U.S. Code TITLE 12 CHAPTER 3 SUBCHAPTER XII paragraph 411
§ 411. Issuance to reserve banks; nature of obligation; redemption
Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.
Zachary Parker
>overruled by other agencies
He means governmental agencies like the EPA moron
>Congress isn't requesting we do anything else
And why does greenspan care about what Congress thinks? Because it's authority is derived from Congress.
>the relationship doesn't matter
With other agencies. He saying as long as the fed does it job they don't matter.
Adam Nelson
Read it and weep:
2011 Congressional audit forfeited Federal Reserve franchise for violation of law.
Monday, March 11th, 2013
A 2011 Congressional audit of the Federal Reserve found the Federal Reserve Bank guilty of violating US laws. The Sanders Report, a Government Accountability Office investigation record, revealed that the privately owned Federal Reserve secretly and “unlawfully” doled out $trillions in zero interest loans and concealed electronic funds transfers (a.k.a. money laundering) to itself and some of the largest financial institutions and corporations in the United States and throughout the world.
US Senate report -
sanders.senate.gov
presscore.ca
Lincoln Phillips
BY THE ETERNAL GOD
Ian Adams
No, it is entirely correct. How the fed can do things like set the federal funds rate and direct monetary policy comes from the Federal Reserve Act. This is why no bank like Citi or JPM can do this.
Samuel Hill
If you'd bothered reading the shit you posted and thinking about it you'd see it does not contradict what I said.
Not a federal agency!=not under government control. The Federal Reserve is a federal instrumentality like Freddie Mac or Sallie Mae. It is not as you think it is a private corporation like JPM or Goldman Sachs. All federal reserve profits go to the government, it's policy makers and leaders are chosen by the government, and it derives it's powers from the government.
It is private in the sense that it issues non voting stock to banks. All chartered US banks need to have a certain amount of Fed stock to be considered a bank.
Mason Wright
>federal funds rate
Bye bye.
No reply required.
None will be given.
Benjamin Gomez
I'm sure you know more than the Courts and Alan Greenspan now go fuck your 9 year old bride
Benjamin Brooks
kek
Cooper Rodriguez
>tfw I only use Silver certificates issued by the US Dept. of the Treasury