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Why Do We Have a Central Bank?
The Fed's critics increasingly see it as acting as an unelected fiscal authority. Its lending to select institutions constitutes credit
allocation and surreptitious bailouts of large banks. Its policy of low
interest rates is part of its bank support program.
Meanwhile, the economy suffers because none of the Fed's policies will fix the banking system. The failure to fix the banks, not a nonexistent deflation threat, is what calls into mind Japan's lost decade of the 1990s. Banks with large, unrecognized losses will not make new loans while losses from the old ones grow.
It is interesting that the criticisms of the FED are going mainline! I even heard Rush Limbaugh criticize the FED last week! We need to encourage that! -Steve
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Replies to This Discussion
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Permalink Reply by Bob Bowen on -
Just remember, it is the Rothschild Empire that you are criticizing ! That is the heart of the beast !
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Permalink Reply by Chris Harbour on -
THIS IS HOW THE MONETARY SCAM WORKS:
1st. The Hegelian Dilectic
The Hegelian dialectic is the framework for guiding our thoughts and actions into conflicts that lead us to a predetermined solution
a, The Elite secretly cause a catastrophe (eg. Cause a financial collapse)
b, The Elite step in with a claim of solution if you give them control(Propose a central bank)
c, They take control to benefit themselves(Run the central bank to amass a fortune)
2nd. Establish a Fiat Currency
a, Provide money that initially is backed by gold or silver
b, Change the system incrementally
i, convert it to a fractional reserve system
ii, require interest payment to the central bank to be paid in gold
iii, remove all backing for the currency and make it based solely on the good faith of the government
3rd. Acquire as many assets as possible by the owners of the central bank using the Fiat money
a, Common banking practices are used to make loans(based on nothing) to aquire profits
i, Principle is generated out of thin air
ii, Interest is collected on completed loans
iii. Foreclosres occur on non-completed loans with all property reverting to the lender.
b, Gold is aquired by the central bank as government interest debt is paid in gold
4th. The price of gold is artificially suppressed.
a, This allows the interest payments(paid in gold) made to the central bank to be paid with a greater quantity of gold than if the price of gold were not suppressed.
b, This also allows the accumulation of more property and other assets thru the Fiat system(ie. they continue to get something for providing nothing tangible.
5th . Facilitate the collapse of the Fiat system once the elite have amassed all they can with the Fiat system
a, As the dollar collapes two things happen:
i, The gold which the Elite have amassed becomes priceless
ii, Peolpe panic as the try to survive another catastrophe
6th. The Catastrophe is used to implement another Hegelian Dilectic
a, The catastrophe is used this time to give the Elite more control.
7th. The result: death and enslavement. -
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Permalink Reply by Nick Cozzone on -
Right on point Chris...great analysis!
This same type of blueprint exists in so many threats we are faced with today. Where there is a manufactured catastrophe (global warming, illegal immigration, war on terror / 9/11, Agenda 21, TSA, patriot act, etc) and we are all to buy into the false narrative and continue to support whatever precautionary principle is echoed through the media and the 2 party system. It is all about total spectrum dominance. It is never about what we are told. None of it...and many times the same names are at the very top and funding all of it. -
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Permalink Reply by charliemoss on -
Federal Reserve Bank Act of 1913 is an ongoing attack upon our nation. It is a communistic control feature. Congress is not authorized under the Constitution to abrogate ANY of their assighned jobs. They must actually do their jobs and can not give them away and backstab our families. The IRS 16th amendment was only ratified by 4 states. These two things (plans) alone, if repaired, would allow freedom to be what it was intended to be by our 4 fathers. Chuck Milton/charliemoss007
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