Posted on 09/08/2016 7:45:09 PM PDT by Lorianne
The Federal Reserve Act established the Fed as a concession to ***print*** the nation’s currency that was backed by silver and gold, a printing concession operation in service to the US Government.
It morphed from a concession service into an independent driver of liquidity for its member banks, and those banks grew to be nternational.
Over decades, it has gone off the books into a worldwide franchise.
It is not controlled by the US Government in its foreign operations. It has its own rules and autonomy in operations outside the jurisdiction of the United States.
When it comes to loans to the US Government, it is the government that is constrained by law, not the Fed.
To say or think today that the Fed is merely a concession printing service to the US Government as it was originally established to be in 1913, is to say that the off-book operations of big banks in foreign countries is entirely under the purview and jurisdiction of the House of Representatives, and to say that globalism does not exist other than as a figment of the imaginations of hysterical conspiracy nutcases.
The Fed operates autonomously outside the United States because there is a large currency circulation of US Dollars outside the United States. It sought to monitor and control this foreign supply and in so doing it invited elite privileged persons to operate where no US laws had jurisdiction. Hence, globalism and the US Fed were joined together. The elites thought they could ‘manage’ the world and its conflicts, its instabilities and its problems by nation-building, by employing the US military as unpaid mercenaries in war after war, and in so doing by electronically creating money from nothing to transfer through a network of banks around the world tied to monetary control through Luxembourg.
Trump knows that Corporate Inversion is caused in large part by the Fed’s unaudited, unmonitored foreign operations where it provides digitally created funds to cause American industries to move overseas into facilities that cost them nothing to build and where the labor force works at less that a quarter than American wage levels. This is the great redistribution playing out on the world stage. The Fed is the center of that redistribution.
Thanks!
It also helps that the Obama administration won`t be able to destroy the economy and blame President Trump.Trump can say,I told you they would do this to you..I saw it coming Months ago...Bill Clinton did this to Bush with 9/11....
I suspect nearly all the $20 trillion in debt are the losses the banks and wall street have incurred and we the people are paying for it.
A real leader would ask questions to clarify what Trump meant by a "false economy."
What is a "false economy?" Why do you claim that the United States central bank has created a false economy? What are the effects and implications associated with a false economy?
At least she did not cough while attempting to respond to Trump's comments.
The real question is do we have a false economy, and, if so, what can we do about it?
The standard attack and tear-down tactic:
1. If anything is said it’s twisted into some screamed soundbite meaning that it’s destructive, racist, hateful.
2. If nothing is said it’s twisted into the person is ignorant, slow and not qualified because of their not addressing this or that burning issue on some arbitrary timetable this opposition has concocted.
Outing the fairy-tales sold to the public. Heading off that planned reveal close to the election, to be attributed as markets responding to a Trump victory—just like what was tried with the Brexit vote in Britain.
The Federal Reserve—the original “Too Big to Fail” set in motion by banking dynasties over a century ago.
“Trump is no insider.” Trump is not a rube either.
shes afraid he will tell the truth about the Fed and educate people about it not being part of the government but really being just a private banking consortium that manipulates world markets every day.
In a way. The markets move on rumor, and any hint that the Fed is about to raise interest rates send the stock market into a tizzy.
As for Trump and his remarks, what exactly does he want done? He says that the Fed is not raising interest rates in order to keep the stock market up. OK so then does he want the Fed to raise rates? Wouldn't that impact the real estate market and business through higher borrowing costs? Wouldn't that cause a hit to the Trump Organization bottom line since he relies so heavily on debt?
The current institution is the 3rd such organized. The previous two were taken down by the will of the President of the time.
Damning, except that Wilson never said that. Most of that quote comes from a passage in one of Wilson's books, "The New Freedom: A Call for the Emancipation of the Generous". The passage from that actually reads, "We have restricted credit, we have restricted opportunity, we have controlled development, and we have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Link
And he wasn't talking about the Federal Reserve because that book was published early in 1913 while the Federal Reserve Act wasn't passed until December.
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