My pleasure. Nice to see people still interested in this topic.
Federal Reserve: fact or conspiracy?
- Thread starter rselitetrader
- Start date
My pleasure. Nice to see people still interested in this topic.
Care to elaborate?
oh boy... firewalker can elaborate like nobody else, be careful what you ask for
Yeah there is a lot of BS conspiracies, regardless central banks are still doing evil things either by design or incompetence. Central banks are part of the government, and government always does evil things.
The most objective book I've read on the function of the Federal Reserve is "Secrets of the Temple." The author explains how much power The Fed has over the economy without it sounding like a conspiracy. However, I don't write off the "conspiracy" authors either, especially Bill Still. Still has historical evidence to prove the points he's made, so you can't write him off just because you don't like his message.
that may have been true in the 70's,
it was public knowledge then,an oxymoron at best, that if you believed in conspiracies you were a loon and should be locked up
,today if you don;t believe in conspiracies, you;re a loon and should be locked up, again public knowledge,
but the tides have changed from men were men , morals and scruples still garnered respect, to money's king and those that don't see that will soon be relieved of it
a byproduct of globalization where you took the morals and scruples of countries that were built on them and tossed them in a pot with countries that were ruined by lack of them, called it big business, progress for struggling countries and the demise of flourishing countries, end result those with the least morals and most greed made out to be the present day kings and the govt agencies bow to them...no graft, no deals
Yes there is. A currency is necessary to a country.
All transactions are promises to deliver value.
Currency is necessary. The problems are when the government turns to another entity (the Federal Reserve or any central bank) to borrow the currency.
If you don't already know, our government BORROWS the currency from the Federal Reserve. The interest on the borrowed money is what creates our deficit.
This is simple stuff...but 99% of the people have no idea what creates the deficit. So the wealthy cabal that owns the Federal Reserve, literally has EVERYONE in the country working much of their lives to service this debt.
It is slavery. There is no physical ball and chain, because this cabal found that its slaves are more productive and efficient when they choose their own labor, so the fact that you think you have a choice doesn't mean you are not a working slave.
This is why tax collection is such a big deal. The cabal gets angry when it's interest isn't paid yearly, and that's all your federal tax dollars do is go straight to the fed to line the pockets of the cabal that owns the FED.
All government expenditure is borrowed currency from the FED. This has been the truth since its inception in 1913. So for 100 years the US citizens, nearly 99% of them, have been economic slaves to this entity.
The inevitable destruction of the country's wealth is likely. but the wealth isnt' 'destroyed'....it merely concentrates to the cabal and others who are smart enough to accumulate capital and buy assets while they still can.
And the more people awake to this, the less concentrated this capital will be.
So....use this vehicle you have...trading...to extract the maximum amount of currency you can from the markets, then translate it into something of intrinsic value.
This is so simple once you see it for what it is. Sometimes shills are planted on website to start topics just to test the waters of the general opinions of website contributors. I wouldn't be surprised if "Hello" was one of these, because his assertions are so factually incorrect.