The Federal Reserve is an independent part of the federal government
Caleb Cox
The (((Federal))) Reserve is no part of the federal government. Just like the Patriot Act has nothing to do with patriotism and Net Neutrality is different to net neutrality. Don't you understand how these Jewish word memes work yet? It's the same reason niggers are classed as American even when they clearly aren't.
Camden Brown
The Federal Reserve, which is an independent bank that is very rarely audited by the government, prints the dollar and keeps inflation rates artificially low. Our U.S. dollar is owned by this bank and is backed by nothing other than bonds that are sold to foreign governments.
Camden Clark
That is one hell of an uneducated comment by a CIAnigger
Lincoln Jenkins
4 OP proxy comments and a reddit spaced OP? sage goes in all fields
Dominic Ross
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Hunter Taylor
>Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
> after providing for all necessary expenses of the Reserve Banks > legally required dividend payments > legally required dividend payments > legally required dividend payments > legally required dividend payments > legally required dividend payments federalreserve.gov/faqs/about_14986.htm
So the private banks that own shares in the FED get to decide what to do with our monetary supply, they get reimbursed by US taxpayers for the cost of running their private banks, and then they get dividends on top of that. But yeah, the Fed is totally not privately owned, the private banks who own shares just get billions of dollars every year for the burden of controlling our monetary supply. Fuck off shill.
Mason Cook
This is perhaps true but the value of the dollar will be so low you will have to print 1 million dollar bills.
Lucas Flores
Asuka a shit and a failure
Wyatt Bennett
The Fed is comprised of 12 regional Federal Reserve banks, all of which are owned in turn by other private banks.
Private bank =/= "government".
In no way is it part of the federal government - independent or otherwise.
Evan Diaz
Kys please
Brandon Flores
>the leaf doesn't have an argument surprise surprise
Chase Brown
none of your points are true pic related
Landon Green
>Posts picture >BTFO
What the fuck is any of this supposed to mean
Hunter Allen
>The Federal Reserve is an independent part of the federal government
I honestly can't comprehend how you can even wipe your own ass with such staggering autism. The (((federal Reserve))) is a collection of private banks with exclusive rights to loan the government fiat currency. The government CAN go bankrupt, California has proven that time after time The fed issues currency, the government has no say in it. Taxes are how the government pays back the money it borrows, fiat value is based entirely on supply and demand, it is independent of taxation. Deficit spending is the government taking out a loan in your children's name that they'll be forced to pay back some day.
Carter Wood
UCC1 from the government(as secured creditor) creating more free currency
research Babylonian debt magic
Aiden Young
>This much autism in one fucking post HAHAHAHAHAHHAHAHAHAHAHAHA
Deficit Spending is merely the government putting more money into the private sector than it takes out with taxes. Furthermore taxes are merely used to regulate our spending power and aren't used to pay for "muh roads" and other public goods, since the government is the currency issuer not user.
>WHAT ABOUT THE CHILDREN? MUH CHILDREN!?!?!? When our children build 15 million cars per year 20 years from now, will they have to send them back in time to 2008 to pay off their debt? Are we still sending real goods and services back in time to 1945 to pay off the lingering debt from World War II?
Juan Carter
its not part of the federal governmnet its a private banking group you fucking retard youtube.com/watch?v=X8vNU_HgnZU lesson on economy
Robert Stewart
Federal Government borrows money from the Central Bank. Money that comes with strings attached to every dollar printed. The Federal Reserve Central Bank loans the US Government the money and the US Mint prints it. Our government dont issue shit and the debt must be paid. The Central Bank holds the pink slip. The Federal Reserve is as federal as fed express. It cannot be audited by anyone or any agency as it is not a government agency but a private bank. Let that sink in.
The Fed is a private corporation of International Bankers. >Federal Government can never become bankrupt Wow just wow! The stupidity is strong with you. When the US Dollar is no longer the World Reserve the Dollar is officially toilet paper. Therefore in effect bankrupt. At that point the Zimbabwean note look like AAA rated currency.
For someone who claims to understand economics so well you are very wrong on virtually ever statement you made. Further more, if you do posses such a fine grasp of the financial system you should posses funds which reflect this, I'm sure we would all be happy to se your name as well as a summary of your financial portfolio to verify this. Either way lets address your statements >-Federal Government can never become bankrupt The federal government publicly declared bankruptcy during the great depression and is still technically speaking in that state, which is why it is fair to say that the privately owned central bank known as the federal reserve has "taken over" the united states or at its very least its financial assets/ >US Federal government can never run out of money because it issues the currency This would be true if the federal government issued interest free currency, however, as we are in a state of bankruptcy all currency is purely backed by debt charged to us by the central bank. The last president who attempted to create interest free currency was John F Kennedy who ordered in under executive order 111110 and was then promptly assassinated with the order never being singed into law. >-Taxes are necessary to regulate spending power and give our currency value This is obviously not the case as before the creation of the federal income tax (which was created most suspiciously the same year as the federal reserve) are currency was roughly worth 15 times what it is today. This also easily refutable in the face of high value foreign currency which in some cases has higher value then the US currency despite low or no income tax. Further more it is disprove by the very existence of commodities which could be used to back currency, the existence and use of tariffs sanctions, and the simple and easily manipulated laws of supply and demand. Not to mention the possibility of currency being backed by labor. More coming in next post
Carter Foster
>b-b-b-b-but what about Zimbabwe??!?!?!?!?!?!? >WE CAN GO BANKRUPT YOU DUMMY
How fucking dense are you? When we are the sovereign issuer of the US dollar, we can print as much dollars as we want (with the limitation being inflation) because we are the currency issuer of the US dollar. Next thing you'll tell me is that we need to get rid of all our debts by sending back goods and services to 2008 to pay off the crisis.
Noah Foster
Hitler said that we are subhumans not some gay aryans. Shame on you muttman!
Justin Garcia
>-Federal Government deficit spending is private sector's savings If this were true we would be able to measure its effects via earnings reports and transaction reports. Instead what you will find are debt recites in the federal reserve building just like virtually every central bank in the modern world. >National Debt is a government savings account and the reason why we had the crash in 2008 was not due to the public debt but the private debt National debt is due to a combination of the deficit, central bank debt and interest costs. In truth it is much higher then we would currently admit. The crash of 2008 and was due to rate manipulation and domestic policy which put stress on the housing market. IT led (as it was designed to) to more control by the federal reserve over American society via the creation of the consumer financial protection bureau and additions to dod frank. >We should stop worrying about budgetary constraints and worry more about inflation constraints and what to do when such occurs This would be (partially) true in an economy which was not controlled by private interests, however, as the federal government does not have complete and utter control of monetary policy it is quite the opposite >The Federal Reserve is an independent part of the federal government As we live in a republic all forms of government are controlled by the state and fall under the jurisdiction of either the executive, judicial or legislative branch. Since it does not fall under any it is not part of the government, you cannot have independent control in a democratic republic, to say otherwise is ignorant not just of monetary policy but of constitutional law.
Jonathan James
>Federal government ... issues the currency
I KNEW you would never speak out against the Federal reseve bank, you fucking thot.
Daniel Moore
if you wish to know why you are wrong, I would cordially invite you to view my bellow posts >Deficit Spending is merely the government putting more money into the private sector than it takes out with taxes. Are you referring to the debt it pays to to the federal reserve? Because if you are it disproves your point, not proving it >. Furthermore taxes are merely used to regulate our spending power and aren't used to pay for "muh roads" and other public goods, since the government is the currency issuer not user. So the federal government has never written a check to any private citizen or entity? And if the government does not spend money how does it get it into the hands of private citizens? Unless of course you are willing to admit the vast sums of money it gives to private banks due to its bankruptcy. >When our children build 15 million cars per year 20 years from now, will they have to send them back in time to 2008 to pay off their debt? Are we still sending real goods and services back in time to 1945 to pay off the lingering debt from World War II? We are paying off the debt of both of those things via income tax. Which you would know, if you approached the subject as a student not a believer.
Juan Reyes
No you are mistaken. The Fed tells the Treasury to print so many dollars. While the government prints them, a private entity tells them how much, and when to print. Just because we are sovereign does not mean the dollars have actual worth. As l stated and you blew off the USD is only worth anything so long as it is the World Reserve Currency, if and when it changes, and it will, the USD becomes worthless. Just ask Great Britain about that. Only their fall was nowhere near what the USs fall will be. That you buy into the government propaganda that the Fed is a part of government, shows your lack of actual understanding of the treason.
Connor Bell
What a disrespectful use of that picture!! OP will pay such sacrilege, in this life or the next.
Nathaniel Barnes
It seems to run rather counter to your credibility to claim that those who appose you should be silent. It adds to the perception that you are weak in your beliefs If we were printing debt free currency you would be correct, but as we have been bankrupt since the 1930s our currency is backed by debt not a commodity or confidence.
Christopher Green
Really!?!?? Damn these traps are getting gud
Samuel Fisher
You user are a total retard
Henry Gray
this. The Federal Reserve is about as federal as federal express
Justin Perry
Hey, while you are dropping knowledge, do you think the new cooperate rate is bullish for the US stock market? I don't see an end to the fed's control of money supply as no matter how frugal I am (or any individual is) the government is made up of people trading the future for today. This buys them political power and just like Mugabe, these politicians have no limits. They are real politicking, not nation building.
Jaxon Harris
The corperate tax rate is a fairly good thing for the US economy (and would be better had the fed not jacked rates despite inflation being at a mere 1.4 percent) if you want to make stock picks for 2018 I would suggesting getting involved in constructions or materials. CEMEX isn't a bad buy, and will benefit from both infrastructure, the wall and regardless politics economic growth. Always buy hard assets when they are low though, such as gold silver and copper. This way you can create insurance against crashes and not be forced to sell at artificially low prices. On a lighter note, with Trump's seizing of the CFPB, and the institiution of non jewish fed chair we may be seeing the first steps to movement against the fed. It may be pie in the sky but its worth the buying of hard assets either way for the chaos that would be the short term effects of nationalization.
Adrian Gutierrez
I have been adding stocks that will likely repatriate large amounts of cash (aapl, gild) but in terms of safer value stores I've just paid of all my debts on personal assets and am now working on owning the building I run my business out of. Silver looks cheap, but for metals I just hoard copper pennies. Thanks again for your contributions in this thread.
Joseph Wood
I see that someone on Pol knows about Modern Monetary Theory, and understands monetary policy. Good job OP, keep spreading the truth
Jackson Carter
any time user btw becareful with metal assets in 10 to 20 years once humans colonize space precious medals will likely loose value as the supply becomes higher
Michael Evans
>tfw no one on this thread knows about our lord and saviour Bill Mitchell
FeelsBadMan
Brayden Nguyen
More like Warren Mosler. Truth will prevail in the end
Remember kids, Public debt = private savings
Josiah Sullivan
The Fed is a private institution. The appointed chairman is only a figurehead.
Juan Jackson
You mean interest rates artificially low
Ayden Cox
Trump should just have the Treasury print United States Notes to pay for his infrastructure plan.
>United States Notes were issued directly by the US Treasury to pay for stuff. >United States Notes were dollars that circulated along side Federal Reserve Notes. >United States Notes exchanged 1-for-1 with Federal Reserve Notes by law. >Federal Reserve Notes are issued by a private corporation: The Federal Reserve. >The Federal Reserve lends Federal Reserve Notes to the Treasury/US Government. >The Treasury/US Gov must pay back Federal Reserve Notes with interest to the private bankers/Fed. >Borrowing Federal Reserve Notes creates enormous debts for the Treasury/US Government. >Printing/spending United States Notes creates NO debt for the Treasury/US Government. >The last president to try to print United States Notes was JFK. He was assassinated. >Trump can have $1 Trillion of new spending on infrastructure with no debt! >Yes, United States Notes are inflationary if you print too many. >However, anything is better than being in perpetual debt to the private bank/Fed/hyenas.
Henry Morgan
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Wyatt Cruz
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Josiah Hughes
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Samuel Parker
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Ryan Rodriguez
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Colton Hill
You have a lot of good info but i seriously disagree with you on the inflation rate. I am more than sure the shadow government (pre 1980 methodology) numbers are much higher.
Connor Rodriguez
Oh of course its higher, as is the debt, I'm merely pointing out the hypocrisy of a fed that claims to want to keep inflation rates around 2 percent yet raises them when they claim they are at 1.4
Luis Price
>we can print as much dollars as we want (with the limitation being inflation) because we are the currency issuer of the US dollar The Treasury print Federal Reserve Notes on behalf of the Fed. The Fed lends the FRNs to the Treasury. The Treasury must pay back the FRNs with interest. If the Treasury can't, then the US Government must raise taxes or borrow even more FRNs from the Fed to make prinicipal and interest payments. YES, the Treasury can go bankrupt if they limit themselves to relying on taxes or borrowing FRNs.
If the Treasury decided to print its own (non-FRN) US Notes, which has not happened since the 1960s, then the Treasury can't go bankrupt. (This would cause outrage on Wall Street and in Congress by bank-owned politicians.)
