then get rid of the fed, or audit it, at the very least.
The “Fed” - completely unneeded. Does more harm than good.
If there are any young people in your life, you’ll do a lot of good work by educating them about this menacing global entity. And thanks, Dr Paul!
#EndTheFed
The Federal government is the enemy of the American people.
The best thing we could do is kill the bank (todays federal reserve) just as Jackson did.
If we want to back our money I say silver. Gold is just too rare and susceptible to cornering by financial elites.
If we stay fiat, then let us at least drop the whole bond deal. If the government can back a bond it can back a dollar bill. One causes interest to the people, the other does not.
Constitutionally control of our money supply was left to the people through our representatives. Now I do not trust our representation to correctly monitor our money supply, but it is ludicrous that we allow the privately held federal reserve to make money out of nothing and charge us interest on it.
Given that this is now an obvious Ponzi scheme propping up other Ponzi schemes worldwide at this point, the nation needs correction, sooner rather than later.
Trump’s plan was masterful and likely the reason he was overthrown.
The Federal Reserve is the ‘public’ face of US global central banking and it is only 5% of the players and transactions involved in US central banking.
Wall St international investment banks make up more than 90% of US central bank activity.
It’s monopoly money.
But so are all the other currencies. The reason the Federal Reserve Notes predominate is because of its petro-dollar status, thus leading it to become the world’s reserve currency.
Trump’s plan was to appoint Judy Shelton to the Federal Reserve Board. She was an economic advisor to President Trump. She is known for her criticisms of the Federal Reserve and her advocacy for returning the US dollar to the gold standard.
Trump’s plan was to bring the Federal Reserve in under Treasury, return the dollar to some stable backing having the allure of gold, then deactivate the Federal Reserve.
This plan would return Americans to a culture of working and saving with confidence the dollars earned would be worth about the same in the years ahead.
Hence, saving rather than borrowing would increase freedoms for Americans thereby spurring innovation and prosperity.
Ron Paul was head of the treasury, who sells us dollars to the federal reserve at face value.
Never trusted the man. On one hand he’s called out the reserve. But the other hand fed it for years.
There is nothing "Federal" about them.
In either case, the Fed acts to control the currency by reducing demand, i.e. reducing the effective wages of working Americans, instead of punishing the speculative excesses of Wall Street and the big banks who have been -by far- the principal beneficiaries of its loose money policies.
What it should do is force banks to pay much higher interest rates for savings and checking accounts from small depositors and accept new small accounts. That would remove money from circulation and redirect capital from the rentier class to the working class.
Instead, it will either tolerate high inflation or raise interest rates generally, forcing taxpayers to pay exorbitant rates on the national debt and make credit much more expensive for working people, and the rentier class will make even more money.
This isn't capitalism: it's a crony oligarchy pretending to be 'capitalist' just as it increasingly pretends to be a 'democracy' with stolen elections and medical 'emergency' dictatorship, as we can see in Canada, covered with legal euphemisms.
Republican globalist open border Free Traitors are the real enemy of the working class.
“GIVE me control of a nation’s money supply, and I care not who makes its laws.” -Mayer Amschel Rothschild, founder of the Rothschild banking dynasty.
So many people don’t know the truth behind the beginning of the federal reserve. Started on Jekyll Island Georgia with a group of FOREIGN elites who put together the agency to steal wealth from the people of the United States.
The Federal Reserve is in its final days. Soon it will be gone.
https://m.youtube.com/watch?v=O1x0gqmgoi0
Long but worth every minute. An older documentary called the money masters about the running battle of who controls the money supply.
The creation of money by increasing debt is the problem. The Fed just happens to be the organization that’s doing it now. Get rid of the Fed and some other agency would do it.
I really worry about the future of America and my generation’s future prospects. However, politicians such as Ron Paul and his son (and of course, many of the wise Freepers on this forum!) give me a sense of hope in these increasingly dystopian times.