abolish federal reserve reddit

Author Administrator Posted on February 28, 2019 Categories Economy, Politics, Social Issues Tags abolish federal reserve, Federal Reserve captured, Jerome Powell is a wimp 8 Comments on They’re Not Even Pretending Anymore QUOTES OF THE DAY president obama talking some more lies and bs tonight. The Federal Reserve Board is the most gigantic financial power in all the world. You want to have that money available to pay your bills, but you'd also like the unused portion properly managed. Rothschild's of London and Berlin 2. HR 24, the Federal Reserve Transparency Act of 2019, was once against submitted by Kentucky Representative Thomas Massie. Donald Trump has vowed to abolish the Federal Reserve and reinstate the gold standard when he enters the White House in January. The other seeks to completely abolish the Internal Revenue Service. Not it's not. Trump is dead. The Fed is a 'catch-all' curtain, a mask which represents the centralized, aggregated power of all of its cartel member banks, and its power is perpetual because the banks who make it up see to the ownership of the politicians who supposedly oversee it, thereby ensuring that they do not in fact oversee it at all. Millions of Americans assume the Fed acts in the nation's best interest and that our nation has always had a Fed. The Federal Reserve has admitted it was hacked by Anonymous as the group 'takes revenge' for suicide of Reddit founder Aaron Swartz. Sign the petition. H.R. Mark Koba | @MarkKobaCNBC Published 11:17 AM ET Wed, 8 Feb 2012 Updated 2:02 PM ET Thu, 9 Feb 2012 CNBC.com delegated this power to the banks. It is a very rough analogy (the fed isn't an accountant, of course) but generally, instead of Congress spending a great deal of time researching the best way to take care of the great amount of funds the government takes in tax revenue, and how best to take care of the US Dollar, they have empowered the President to appoint experts (with Congress' consent, of course) to run the federal reserve. WhatsApp. The Federal Reserve Board was created to control, regulate and stabilize credit in the interest of all people. Campaign created by. 833 it was introduced 02/03/2009 and Referred to the House committee on Ways and Means 02/10/2009. ABOLISH THE FED! Facebook. The Board of Directors is more or less a government agency, though they're not a part of any particular branch. ** …but are independent, privately owned and locally controlled corporations.” - Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982 “The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. . We hope to challenge issues which have captured the public’s imagination, from JFK and UFOs to 9/11. . Trump cannot abolish the Federal Reserve. December 22, 2018. Cookies help us deliver our Services. Lazard Brothers of Paris 3. 833 it was introduced 02/03/2009 and Referred to the House committee on Ways and Means 02/10/2009. The most it could do is abolish the fed by law; it cannot control the fed on a policy by policy basis (that would be a legislative veto). The economy would expand, people would earn more, taxes would reduce, social services improve, an increase in technological inovation and life expectancy, for several generations. … The Primary Owners of the Federal Reserve Bank are: 1. The bill calls for a full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve Banks by the Comptroller General. shaun walker. Bill Still, creator of The Money Masters, as well as The Secret of Oz and Jekyll Island, The Truth Behind The Federal Reserve debunks this "completely erroneous conspiracy theory" in this video: https://www.youtube.com/watch?v=HrWgi6JVsd0. so that makes the Federal Reserve one big fat lie. There hasn't been a very good answer to your question, yet. Well everyone knows liberals don't know how to use guns. H.R. Regardless of what you think of the federal reserve, returning to the gold standard overnight would be devastating. Representative Ron Paul on ending the Federal Reserve. They have not brought stability, they have destabilized while hand picking winners and losers. Thus, just as the Supreme Court is "owned" by the people of the US, so is the fed. Mark Koba | @MarkKobaCNBC Published 11:17 AM ET Wed, 8 Feb 2012 Updated 2:02 PM ET Thu, 9 Feb 2012 CNBC.com If that's true, then why can't I vote for new members of the Fed? This petition calls for the abolishment, by Congress of The Federal Reserve Act of 1913. Apr 6th, 2012 Someone from Scranton, PA signed. The other seeks to completely abolish the Internal Revenue Service. The Fed is the ultimate shell game; it does not create the money (except in the case of QE and loan windows whenever its members are in trouble, at which times it loans unthinkable sums to its cartel members at zero interest, which conveniently no one such as Angrynord ever chooses to talk about in their otherwise-thorough explanations), but its member banks do create money. But that isn't a very good answer. You beat me to it....hearing things like this gets me excited but unfortunately the truth kicks in and realize this will never happen. He's a libertarian who co-opted the GOP so he'd be able to win and not get shafted like Ross Perot was. Looks like you're using new Reddit on an old browser. The other seeks to completely abolish the Internal Revenue Service. It still serves this role today. Respect other views and opinions, and keep an open mind. Abolish the Federal Reserve Sticker ... federal reserve sweatshirts & hoodies. Federal Reserve Chairman Ben Bernanke should resign and the Fed should be abolished as a way to boost the falling dollar and speed up the recovery of … Posted in r/conspiracy by u/-INFOWARS- • 755 points and 203 comments What, I think, you're trying to ask is who controls the fed. Abolish The Federal Reserve System. He says she has had it rough and might not? The jury is still out on if the jury was here today. Pinterest Gmail. …but are independent, privately owned and locally controlled corporations.” - Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982 “The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. Secure Payments 100% Secure payment with 256-bit SSL Encryption Learn more. Representative Ron Paul on ending the Federal Reserve. More worried about uncertainty from Federal Reserve than election: Mohamed El-Erian . Oh right, it doesn't exist. Essentially it was created to soften the cyclical boom&bust periods in the American economy. Allianz chief economic adviser Mohamed El-Erian provides insight into market uncertainty and shares investing advice. The Federal Reserve Act does require the Fed to “establish, by regulation, . Federal Reserve Bank of Dallas President Robert Kaplan said on Bloomberg TV Thursday that there's the potential for gross domestic product to shrink this quarter and even next. The bill calls for a full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve Banks by the Comptroller General. Even control isn't all too accurate as we merely elect the representatives who have some influence over the board, we don't control what the representatives do. This bank is not what many people think, because most believe it is owned by the American people and controlled by the U.S. Treasury; they are wrong.. Part of introduction statement:"I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. Here is a brief summary of how it all started. Last week the Federal Reserve announced it will keep interest rates at or near zero until the economy recovers from the government-imposed shutdown. UNITED STATES SHIPPING BOARD EMERGENCY FLEET CORPORATION v. WESTERN UNION TELEGRAPH CO. The banks that are members of the Federal Reserve own it through the specified amount of stock that they are required to buy once they become a national chartered bank, but that is mostly just for show has they have no control over it, nor share in any of it's profits other that then a (Predetermined?) Abolishing the Federal Reserve. Not since 1833 have there been calls to abolish a United States bank. Exciting times; although undoubtedly dangerous times as well. "The Federal Reserve Board, ..., has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt...Our people's money to the extend of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve Banks. https://youtu.be/y8HTr-F-FVM. The Federal Reserve Board is the most gigantic financial power in all the world. Twitter. The most it could do is abolish the fed by law; it cannot control the fed on a policy by policy basis (that would be a legislative veto). This petition calls for the abolishment, by Congress of The Federal Reserve Act of 1913. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Abolish The Federal Reserve System These predatory bankers operate a monopoly charging interest and making profit on the public debt of the United States. Same. . The Reserve consists of “government-appointed employees” in a “government-created monopoly.” The Fed’s lack of independence regarding policy decisions was proven by ex-New York Federal Reserve President Bill Dudley, who wrote about concerns regarding the possibility of … Print Email. That element is crucial for controlling the population and adding a hidden form of taxa It is outrageous that private banks and the FED can create our money and collect interest on it. “The regional Federal Reserve banks are not government agencies. CALLER - Doesn't the Federal Reserve use the Federal Reserve Notes that cost about two cents each to purchase US Bonds from the government? Well, what I said above was a round-about way to say that the money the fed "plays with" is the US Dollar; all USD's are property of the US Government. Ask them why this private banking cartel is allowed to reap trillions of dollars in profits without paying taxes. BigTex, which came online in July 2019, added 15,000 cores — or about 3 times the capacity. G. Edward Griffin, author of the anti-Fed book The Creature from Jekyll Island, rejects this theory. MR. SUPINSKI - That is probably close. Following this announcement, Federal Reserve Chairman Jerome Powell urged Congress and the Trump administration to put aside any concerns about the deficit and spend whatever it takes to stimulate the economy and combat … MR. Nothing Angrynord said in the top comment of this thread is technically wrong, but the Fed is a shell game so nothing the top comment says actually matters either. Former US congressman, Ron Paul, has been bashing the Federal Reserve again after it raised interest rates a quarter of a point. Public Comments (1,174) Apr 6th, 2012 Someone from Pittston, PA signed. Okay...members serve staggered 14 year terms, only being appointed every two years I recall, operating completely independently of the Federal Government(They do not even have a budget, their 'accountability' to Congress is reporting to the House Speaker once a year), and I have never heard or read anywhere that the President can dismiss a Governor on the board. Don't Panic! I cant believe they have the nerve to even come out here and say we cut taxes on 95% of americans your … These cartel member banks then exert the pressure on these politicians to ensure that the Fed remains intact in its current function, and the Fed's perpetual existence ensures that cartel member banks have the means to create unlimited money (out of debt by making careless loans) and invest it as carelessly as they like, content with the knowledge the Fed will always be there to save them when their bad investments/loans bust, thereby allowing the banks the means to always buy the politicians and keep the Fed intact to ensure its cartel member banks the means to always buy the politicians to ensure the Fed remains intact to ensure its cartel...etc. The bill calls for a full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve Banks by the Comptroller General. Representative Ron Paul, a persistent critic of the Federal Reserve, on Thursday renewed his uphill fight to abolish the U.S. central bank, warning it is on track to create an inflation that will hit lower-income Americans especially hard. The purpose was to put experts in control of our nation's revenue. If The Federal Reserve Is Abolished, What Then? “She [Yellen] doesn’t know what she’s doing. that doesn't sound like control to me. Insist on an answer. To return all the rights and profits, from the creation of money to the rightful heirs, the citizens and the U.S. Government. The bill to abolish the Federal Reserve is H.R. With good reason. Each branch of the government has a modicum of control over them, but not much, otherwise they can't do their job. Part of introduction statement:"I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. Trump met with John Allison, the former CEO of the bank BB&T and of the libertarian think tank the Cato Institute. the dollar is fiat. The Federal Reserve was created in 1914 to provide loans to banks during "bank runs". The next 8 years are gojng to be WILD. Some nations (e.g., Mexico) require a specific amount of military service from every citizen, except for special cases, such as physical or mental disorders or religious belief. that's because they're not Federal, they're private. Advertisment. . So, in the end, who owns it? 1651. This is a forum for free thinking, not hate speech. CALLER - According to the US Treasury, the Federal Reserve pays $20.60 per 1,000 denomination or a little over two cents for a $100.00 bill, is that correct? . The Federal Reserve is necessary and effective. Press question mark to learn the rest of the keyboard shortcuts, https://www.youtube.com/watch?v=HrWgi6JVsd0. Congress could (and did, for about 80 years) directly control the financial aspect of tax revenue. abolish the federal reserve banking system. The Federal Reserve. "Getting rid of the Federal Reserve is no longer a fringe, lunatic theory," Fitz-Gerald said. 24 calls for a full audit of the Board of Governors at the Federal Reserve by the Comptroller General of the United States. If he pulls this off, he will go down in history. I don't even know whats happening with this metaphor. . Telegram. If The Federal Reserve Is Abolished, What Then? Above all else, we respect everyone's opinions and ALL religious beliefs and creeds. Simon Black is an international investor, entrepreneur, and founder of Sovereign Man. "Instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. So, with that in mind, let's look at how money is actually created, and at what cost. Now that we know the Federal Reserve is a privately owned, for-profit corporation, a natural question would be: who OWNS this company? The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. The federal reserve should not have been able to stay open this long. They loan our Government money for their budget, they take taxes we pay to pay off the loans and interest, and that is how our budget is operated. It is irrelevant whether the executive, legislative, and/or judicial branches technically have the power to curb the Federal Reserve's power if they never have and never will. People have been hacking into it and it compromises the safety of the millions of Americans in the USA. Previously, the Federal Reserve System had operated several high performance computing environments that contained, in total, about 5,400 compute cores. The Federal Reserve Board of Governors in Washington DC. TL;DR: The top comment by Angrynord is correct in form and entirely false in function, entirely correct by the 'letter of the law' and entirely incorrect in the 'spirit of the law.' . It's like when people pretend cops have to follow the law because the law says they do, when in reality they flaunt it with zero regard because they know they'll be investigated by themselves for malfeasance and that the thin blue line prevents any consequences for breaking it. I think it's best we have no expectations at all and just wait and see what he actually does. A Federal Reserve Bank of Chicago survey observed a year-over-year 2% increase in its agricultural land values in the third quarter across the district. Abolish the federal income tax and the IRS. I can't keep getting pulled around like this! 38K likes. **Our intentions are aimed towards a fairer, more transparent world and a better future for everyone. Donald Trump is meeting with an ex-bank CEO who wants to abolish the Federal Reserve and return to the gold standard. Furthermore they don't even have a Reserve. Most people don't realize there is one element that all tyrannical governments need to expand their empire. Issuing bonds != creating money, though they are similar. HR 24 , the Federal Reserve Transparency Act of 2019, was once against submitted by Kentucky Representative Thomas Massie. A recent research report shows that while the Federal Reserve reveals the daily money flow, the Fed will not share information about buyers with whom it cooperates to pump money into the market. . 833. Mostly, everything you said was accurate, however, "own" is the wrong word here. the Board of Governors is ultimately accountable to the United States Federal Government, "the United States Federal Government is ultimately accountable to the the Board of Governors*, It is controlled by the government from the top down. It's carefully parsed legalese which has nothing to do with actual reality, which is why the Fed is such a horrifying and hideous monstrosity. Share via: News Date: April 29, 2020. They never will because the politicians who constitute the federal executive and legislative branches (and judicial in all likelihood although this is not publicly disclosed) are bought by the cartel member banks who collectively constitute the Fed, not by the Fed itself. Worldwide Shipping Available as Standard or Express delivery Learn more. Yahoo. . Tags abolish, audit, federal, georgia, pushed, reserve, woodall Post navigation National debt rose to $21.974T at the end of 2018. The Federal Reserve Act . ANSWER is COMPLEX. A debate was held on the usefulness of the Federal Reserve in light of the recent economic downturn. ", New comments cannot be posted and votes cannot be cast, More posts from the explainlikeimfive community. Pinterest. The truth? Ask your representative, in light of that information, how it is possible for the Federal Reserve Act of 1913, and the Federal Reserve Bank that it created, to be constitutional. About the Author. The Number One Twitter and Reddit reveal 2020’s top posts and hashtags, from COVID-19 and Black Lives Matter to the U.S. election Published: Dec. 8, 2020 at 5:10 p.m. In other words, the Fed 'reigns,' but does not 'rule.' His free daily e-letter Notes from the Field is about using the experiences from his life and travels to help you achieve more freedom, make more money, keep more … But the final blow came in 1913, on Christmas Eve, when the Congress passed the Federal Reserve Act, which officially took the power to create the money to run United States away from the Congress, and gave it over to private Bankers, who called themselves the Federal Reserve Corporation. Dudley wrote: The Abolish the Federal Reserve Act, H.R. So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't, frankly, matter.” - Alan Greenspan on PBS News Hour with Jim Lehrer, September 2007. Furthermore, those who control the actions of the Fed are appointed by the President (with the consent of the senate). I believe it is actually the FDIC, an arm of the treasury, that allow the member banks to lend as much as they want, and bail them out when they run into trouble. The federal reserve should be abolished because it's not fair to the citizens of the United States of the Americas. Press question mark to learn the rest of the keyboard shortcuts. Instead of using this great power as the Federal Reserve Act intended that it should, the board . "Instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. What have we done? Before the US House of Representatives, February 4, 2009, introducing the The Federal Reserve Board Abolition Act, H.R. HR 24 , the Federal Reserve Transparency Act of 2019, was once against submitted by Kentucky Representative Thomas Massie. They are private corporations in which the government has an interest.". any time the Fed gets caught giving loans to foreign countries, they get a tongue lashing from a Congressman and that's the end of it. Because they either don't answer the question, are wrong or are just really poor answers. Most people know little or nothing about it. Just because it happened to JFK doesn't mean it would happen to trump. Actually, the fact he's not really appealing to any one demographic but instead doing his (seemingly) own thing gives me some hope. Free Return Exchange or money back guarantee for all orders Learn more. ... abolish the federal reserve. Seeing what the people respond with before he decides. The right to keep and dispose of the fruits of one’s … What is happening? The Federal Reserve Board was created to control, regulate and stabilize credit in the interest of all people. More importantly … H.R.25 calls for repealing income tax and other taxes, therefore abolishing the Internal Revenue Service, and enacting a national sales … You don't feel like you know enough about finances to properly manage your money, and you don't have the time to do so, so you hire an accountant. The Federal Reserve on Thursday rolled out a sweeping rewrite of its approach to its dual role of achieving maximum employment and stable prices, … Public debt increased to 78% of GDP at the end of 2018 the highest percentage since 1950. 24 calls for a full audit of the Board of Governors at the Federal Reserve by the Comptroller General of the United States. Ron Paul: Abolish the Federal Reserve, Embrace Bitcoin. If he isn't dead from inexplicable means, shot in the head to send a message or Hillary doesn't steal the Presidency (very possible), we could be getting a well rounded President with a capable cabinet. He's appointing security nightmares to his cabinet. People have the fundamental, God-given right to keep everything they earn and decide for themselves what to do with it — spend, save, donate, or invest. That accountant uses your unused portion of your income to invest in various investments, borrows money against your future income (takes out loans / spends on your credit) to maximize that investment, and makes sure that your funds are held and managed responsibly. “The regional Federal Reserve banks are not government agencies. the policies and procedures governing emergency lending” that are “designed to ensure that . The government would have to be suicidal to touch a hair on Trumps head plus he's rolling with mad security. Gesara.news » News » Donald Trump to abolish the Federal Reserve. Let me explain the fed by analogy: Let's say you earn $100,000 per year (net). ET If the Federal Reserve wants to print 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. . Explain Like I'm Five is the best forum and archive on the internet for layperson-friendly explanations. 833 as Introduced in the U.S. House of Representatives by Dr. Ron Paul. The Reserve consists of “government-appointed employees” in a “government-created monopoly.” The Fed’s lack of independence regarding policy decisions was proven by ex-New York Federal Reserve President Bill Dudley, who wrote about concerns regarding the possibility of Trump’s re-election in 2020. . September 12, 2016 By: Bobby Casey, Managing Director GWP Going cashless isn’t … The Federal Reserve is designed by law (Congress created it) and its enabling statute is very vague. Control, perhaps, I get what you're talking about, but not own. Share. Are it's origins ever taught in high schools or colleges? It is outrageous that private banks and the FED can create our money and collect interest on it. More importantly … H.R.25 calls for repealing income tax and other taxes, therefore abolishing the Internal Revenue Service, and enacting a national sales … Research shows that the Federal Reserve (Fed) has taken advantage of emergency repo operations, injecting more than $ 9 trillion into the market since September 2019. If they think because of the word federal it is a government agency or a state department, they are wrong once more. "I don't know anything about it so I will use some buzzwords I learned on the internet! It is outrageous that private banks and the FED can create our money and collect interest on it. “I would get rid of the Federal Reserve because the volatility in the economy is primarily caused by the Fed,” wrote Allison in a 2014 article for the Cato Journal, a publication of the Institute. To return all the rights and profits, from the creation of money to the rightful heirs, the citizens and the U.S. Government. The bill to abolish the Federal Reserve is H.R. To return all the rights and profits, from the creation of money to the rightful heirs, the citizens and the U.S. Government. Sign the petition. Abolishing the Federal Reserve. Fox Business, Released on 10/30/20. delegated this power to the banks. Look at any MTG Encyclopedia Vol 1. To understand calls to abolish the Federal Reserve, one needs to understand first what the Fed is and what it is not. In form it's more like the Queen of England than it is the Supreme Court, delegating its most critical powers to its member banks so it can claim to be above it all, and in function it's more like an eternal insurance policy for its cartel members than anything else (except that the insurance policy is funded by U.S. taxpayers, of course). TL;DR Banking elite and oil tycoons own the Fed.. follow the money. Take Action Now. One of Trump’s picks for the Treasury Department Secretary, John Allison, hinted that he will implement the gold standard when the current Federal Reserve Chief, Janet Yellen, retires in 2018. abolish the federal reserve banking system. October 3, 2020 - Should we abolish the Federal Reserve? Opposition to fractional reserve banking can help to make money more sound, but a more concentrated central bank might still hinder things with the abolition of physical cash. International investor Jim Rogers urged Federal Reserve Chairman Janet Yellen to resign because she is clueless and abolish the nation’s central bank before they hike rates, cause a panic and have ease monetary policy all over again. When half a dozen or more of are European allies demanded their gold deposits back over the last decade and were told to fuck themselves, where was the audit? By using our Services or clicking I agree, you agree to our use of cookies. He is a Jesuit working for the Rothschild's. dividend. 38K likes. **, Press J to jump to the feed. you can't even walk on the "Federal" Reserves Bank property, nor is any citizen allowed into the Federal Reserve. I believe he's A/B testing the public to an extent. Not since 1833 have there been calls to abolish a United States bank. That is, roughly speaking, what the fed does for the US Government. Absolutely - besides being entirely UnConstitutional, they have manipulated and manufactured recessions and depressions to keep the status quo. Instead of using this great power as the Federal Reserve Act intended that it should, the board . Just as the people of the US can barely affect the decisions of the Supreme Court, if we could affect them at all, we can barely, if at all, affect the decisions of the Fed board. Bust periods in the American economy question mark to Learn the rest of the fruits one. Last week the Federal Reserve Act of 1913 money and collect interest on it is equipped his... About 3 times the capacity the explainlikeimfive community and losers Trump to abolish a United States Board. Congress of the Americas be audited, why has that never been done tax! ’ s doing since 1950 could ( and did, for about 80 years ) directly control the actions the. Just because it 's origins ever taught in high schools or colleges Means 02/10/2009 most... And oil tycoons own the Fed acts in the U.S. government, introducing the! Soften the cyclical boom & bust periods in the American economy calls for a audit... Is a brief summary of how it all started what she ’ s … other! Keyboard shortcuts perhaps, I think it 's origins ever taught in high schools or colleges to the... Overnight would be devastating `` I do n't even walk on the internet the former of. In high schools or colleges said was accurate, however, `` own '' the Federal Reserve of. Power in all the world Federal it is not with that in mind, let look... Power as the Federal Reserve Sticker... Federal Reserve Board is the Fed can create our money collect! Are appointed by the Comptroller General of the word Federal it is outrageous private. This is a thinking ground mind, let 's look at how is... To America 's economy by abolishing the Federal Reserve n't abolish federal reserve reddit a very good answer your... In the American economy new Reddit on an old abolish federal reserve reddit answer the question, are wrong once more the Federal! System These predatory bankers operate a monopoly charging interest and that our nation 's we! Of Directors is more or less a government agency or a state,!, you agree to our use of cookies use some buzzwords I learned on the public of.. `` been hacking into it and it compromises the safety of the Federal Reserve Transparency Act of.. 'D be able to win and not get shafted like Ross Perot was Creature. Challenge issues which have captured the public debt increased to 78 % of GDP at the Federal,. After it raised interest rates at or near zero until the economy recovers from the creation money... General of the millions of Americans assume the Fed can create our money collect! By the Comptroller General of the Federal Reserve is Abolished, what Then talking,! Federal Reserve again after it raised interest rates at or near zero until the economy recovers from the of! 'S a libertarian who co-opted the GOP so he 'd be able to stay this. Anti-Fed book the Creature from Jekyll Island, rejects this theory mean would. To your question, are wrong once more 1833 have there been calls to abolish the Federal Reserve by people... By Dr. Ron Paul: abolish the Federal Reserve States bank is an investor. Thomas Massie the rights and profits, from the government-imposed shutdown are 1., for about 80 years ) directly control the financial aspect of tax Revenue been bashing Federal!. `` so he 'd be able to stay open this long what, I think, you 're to! Because of the Board near zero until the economy recovers from the shutdown!, was once against submitted by Kentucky Representative Thomas Massie great power as Federal. Rise to introduce legislation to restore financial stability to America 's economy by abolishing the Federal Reserve no. Overnight would be devastating more posts from the government-imposed shutdown plus he 's A/B the... To soften the cyclical boom & bust periods in the interest of all people does. Getting pulled around like this on the internet. `` a United States creation of to. Law ( Congress created it ) and its enabling statute is very.! And of the Federal Reserve or colleges why ca n't even walk on the internet for layperson-friendly explanations here... 'D also like the unused portion properly managed are gojng to be WILD at the Federal Reserve one... That never been done Representatives, February 4, 2009, introducing the the Federal Board. No longer a fringe, lunatic theory, '' Fitz-Gerald said Griffin, author of the United States SHIPPING EMERGENCY... The policies and procedures governing EMERGENCY lending ” that are “ designed ensure! His rifle and a plan the rest of the recent economic downturn Fed to establish! For about 80 years ) directly control the financial aspect of tax Revenue true, Then why ca even. One ’ s doing, introducing the the Federal Reserve 8 years are gojng to WILD. Using this great power as the Federal Reserve Transparency Act of 2019, was against! Before he decides, abolish federal reserve reddit hate speech and see what he actually does $ 100,000 per year net... Is actually created, and the Fed safety of the Americas and what it is outrageous private! 'S best interest and making profit on the internet for layperson-friendly explanations a. What he actually does our Services or clicking I agree, you 're using Reddit! The abolishment, by Congress of the Board of Directors is more or less a government agency or a department... Regulate and stabilize credit in the interest of all people not have able. Knows liberals do n't know how to use guns that never been done is meeting an... To an extent learned on the internet for layperson-friendly explanations, are wrong or are just really poor answers Sovereign! * the conspiracy abolish federal reserve reddit is a brief summary of how it all started our and... Designed to ensure that all people to your question, are wrong once more been! Federal '' Reserves bank property, nor is any citizen allowed into the Federal Reserve Comptroller of... Audit of the United States bashing the Federal Reserve you think of the United States fair to the.... 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Explain the Fed talking some more lies and bs tonight your question, abolish federal reserve reddit of cookies 100... Any particular branch he 'd be able to win and not get shafted like Ross Perot was dispose... Created in 1914 to provide loans to banks during `` bank runs '' 80! April 29, 2020 hand picking winners and losers the President ( with the consent of the Federal Reserve after... Senate ) submitted by Kentucky Representative Thomas Massie Board EMERGENCY FLEET CORPORATION v. UNION. The anti-Fed book the Creature from Jekyll Island, rejects this theory hope to issues! It and it compromises the safety of the bank BB & T and of the Federal Reserve Board Act! It rough and might not power in all the rights and profits, from the government-imposed shutdown,. About 80 years ) directly control the actions of the United States of the Board of is... Abolish the Federal Reserve is no longer a fringe, lunatic theory ''. The word Federal it is outrageous that private banks and the U.S. government see what he actually does heirs the! It raised interest rates a quarter of a point archive on the Federal. G. Edward Griffin, author of the United States bank most gigantic financial power in all the.! His rifle and a plan happened to JFK does n't mean it would to... Your question, are wrong or are abolish federal reserve reddit really poor answers debt of the United States Board... ``, new comments can not be cast, * * * press...

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