In God We Trust! The Fed – Not So Much….
Guest Post by Dennis Miller at Miller On The Money
Since we went off the gold standard (1971), our currency reads, “Federal Reserve Note.” It’s a paper promise from the Federal Reserve, an independent agency owned by the banks. The value is derived from good faith which is quickly losing ground worldwide.
Flip it over and you see, “In God We Trust.” OK, but…. Trust the Fed? Nope!
The Phony Mission
Bill Bonner’s article, “Too Bad About The Public” explains:
“In a very private meeting that took place on Jekyll Island, off the coast of Georgia, the financiers – pretending to be on a hunting trip – set up a cartel, the Federal Reserve system. The idea was simple. When times were good, the bankers would earn substantial profits. When times were bad, usually because of their own overreaching, the Fed would bail them out and shift the losses onto the public.
This is just what it did in the Crisis of ’08-’09. The Bernanke Fed extended trillions of dollars worth of new credits to banks that – in an honest system – wouldn’t have gotten a dime.
…. 110 years after the creation of the Fed, most people still believe it is part of the government – which they mistakenly believe voters control. Not so; it is a private cartel, designed to serve the interests of member banks, not the interests of the American public.”
The Fed is totally independent of the government. Fed Chairman Powell recently reminded Congress:
“The Fed has been assigned two goals for monetary policy—maximum employment and stable prices. Our success in delivering on these goals matters a great deal to all Americans.
To support our pursuit of those goals, Congress granted the Fed a substantial degree of independence in our conduct of monetary policy.
…. Our decisions are not subject to reversal by other parts of the government, other than through legislation. This independence both enables and requires us to make our monetary policy decisions without consideration of short-term political matters.
Such independence for a federal agency is and should be rare. In the case of the Fed, independence is essential to our ability to serve the public.
The record shows that independent central banks deliver better economic outcomes.”
What BS!
What record shows better economic outcomes for all Americans? Their track record is abysmal – better for thee, and not for me!
What if the goy made gold crosses the biggest fad OF ALL TIME? Crosses for every member of the household, crosses for display in the home, tons of crosses?
The joos would scramble to meet the demand, the Fed would loosen lending for cross purchases, it would be mayhem.
Christians recognize idolatry as a sin. Might work with Catholics. The true cross was made of wood.
Dune, the cross was originally a jooish symbol, but I’m sure you knew that.
Try Roman.
The cross was a religious symbol in many religions. Jews create nothing and destroy what they can’t steal.
A dollar is not money, it is a unit of measure.
A dollar cannot be money just as a quart cannot be milk.
The essence of psychological warfare is to confuse the mind by changing the meaning of words over time. – Steven Jacobsen , Mind Control in America
End the Fed! Put Congress in charge of the money supply! Oh, wait…
Restore the Treasury to control and restore sound money (precious metals, etc.).
The future productive labor of ‘U.S. Citizens’ is used as collateral to secure the debt. Other countries by T-bonds because the FED guarantees the wage slaves in this country will pay back the money + interest.
Then there’s the whole argument that ‘technically’, ‘legally’ speaking, nobody actually owns anything because the FRNote is an IOU that merely discharges the debt.
Possible solution: stop signing up for all the government benefits…marriage licenses, birth certificates, SSN, etc.
Do you have any other ideas?
The FED “temple of the money changers” in D.C. is the American home of the Synagogue of Satan with it’s Babylonian money magic and all the evil attached. Foreign Jews own the FED…enabled by the evil and traitorous Rockefeller cabal.
“The Fed is totally independent of the government”.
I have heard this for years. Nonsense. For one thing, they create money out of thin air which cannot be done without Government approval. Trillions in QE could never have been done on their own. Never. The Govt required it to stay afloat with $35T in debt. interest to pay, or risk losing their King Dollar status – and solvency.