TO LEARN HOW THE FEDERAL RESERVE BANK WORKS….


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ragman
ragman
April 28, 2016 5:33 pm

It’s time(past time) to eliminate the FED. What exactly do they accomplish in 2016 or ever, for that matter. Since inception in 1913, the dollar has been devalued by about 95%. We do not need them to print “Federal Reserve Notes”. Our treasury can issue currency just like they did for 124 yrs, from 1789 to 1913. Trump should make elimination of the FED one of his first goals.

General
General
April 28, 2016 5:54 pm

I guess that you missed the club meeting. The purpose of the FED is to make their members rich by stealing wealth from regular Americans (through legalized counterfitting) and anyone dumb enough to use the fake dollar in business transactions.

To be honest, its a brilliant, but evil, scam. Half of me is upset about it, and the other half wants to get in on it.

IndenturedServant
IndenturedServant
April 28, 2016 6:18 pm

………which is why tRump (or any other current politician) won’t solve shit! Just wait……..you’ll see!

kokoda
kokoda
April 28, 2016 7:17 pm

Indentured….don’t expect miracles from Trump. There are so many big problems and horrendous waste that if he can get a few of these, it will be a win.

Bullock
Bullock
April 28, 2016 8:01 pm

Buy gold, you won’t be sorry.

IndenturedServant
IndenturedServant
April 28, 2016 10:45 pm

kokoda, I don’t expect miracles from tRump. I don’t expect anything from him at all. His platform is not about ending the one thing that will “organically” fix 95% of our problems so those problems will continue and get worse. Tweaking and toying with the remaining 5% is simply pissing in the wind.

bb
bb
April 28, 2016 11:28 pm

Indentured servitude is right again . Damn brother I used to think you where really stupid , then mildly amusing , now that I have read about 20 books and hundreds of articles about central banking I realize you were right all along. Trump ( bless his heart ) won’t change anything about our debt monetary system so nothing will really change. Just more debt will more social problems.

Indentured servitude , I’m starting to like you so don’t blow it …Meathead.

Anonymous
Anonymous
April 29, 2016 7:19 am

How it works Pay off politicians.No banker goes ton perp walks or trial.pay fines reap trillions of tax payer $$$$$ Holder famous quot BANKs “to big to prosecute”-when is there red neck justice?

Ed
Ed
April 29, 2016 8:52 am

That’s a good illustration of the educational value of the board game. From Wikipedia:

“”Monopoly is a board game that originated in the United States in 1903 as a way to demonstrate that an economy which rewards wealth creation is better than one in which monopolists work under few constraints”

Whether or not the Wiki page is correct, it is thought provoking. Good catch, Jim.

https://en.wikipedia.org/wiki/Monopoly_(game)

not so cynic
not so cynic
April 29, 2016 10:41 pm

Privately Owned Central Banks. POCB

Whatever