The problem faced by opinion holders who are at once well-intentioned and unaware is knowledge of the first rule of the Federal Reserve, which is to lie.
The consequence of their lying is a concealment of the process.
This is why the Fed insists on secrecy and refuses to be audited.
The Fed refuses to be audited?
Huh. Yet another ill-informed conspiracist tries to spread yet another tall tale about the Fed.
Contrary to your no-doubt fervent belief, the Fed System BoG and all 12 Fed district banks are audited annually. This actually happens despite any feverish imaginations you may have otherwise.
Here, try this link:
https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm
If that’s not enough for you, try poking around on the Fed site. They get audited 10 ways from Sunday by everybody and their brother. Mostly by Inspectors General from whatever agency. And there’s a lot of them with a newly discovered “interest.” Especially since 2008.
While you’re at it, try this also:
https://www.fms.treas.gov/dts/index.html
It’s the DAILY (if you want it) Treasury report on all sorts of interesting stuff, including a ton of info from the Fed. I find a lot of useful investment info there. YMMV.
Seems that you’re a little out of date on your tin-foil hat Fed theories, like, say, “they refuse to be audited.” I’ve heard this nonsense from many people for 15 years and it’s NEVER been true.
That sort of rubbish is, however, very popular. The evil Fed is out to get everyone. Always and everywhere, no matter what or who you are.
Nonsense. It’s nothing but the usual government screwing everything up as they always do. Makes for a great excuse for failure, huh? It’s a grand conspiracy!
It sounds a bit like a few tax protestors I ran across maybe 5 years ago. For quite a while, they’ve either been in prison or wondering when they’ll get there or be hit with final civil judgments for taxes due as none of their legal “claims” or “theories” ever went according to plan in court.
Believing any conspiracy theory has to be a terrible way to go through life.