The Federal Reserve Bank is not a government institution, it has no reserves, and it is not a bank. It is a cartel that was …
Federal Reserve
The Federal Reserve Bank is not a government institution, it has no reserves, and it is not a bank. It is a cartel that was created in top secrecy and deceptively put into place in 1913. It’s goal is to maintain control in the financial system, and therefore their powerhold by keeping We The People in never-ending debt, aka Debt Slaves. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial “boom” followed by a recession or depression when the Fed-created bubble bursts. From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble, to the housing market crisis, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy.
In order to understand the Federal Reserve, we must first understand its origins and context. We must deconstruct the puzzle. The first piece of that puzzle lies here, in the White House. This is where the Federal Reserve Act, then known as the Currency Bill, was signed into law after passing the House and Senate in late December, 1913. The New York Times of Christmas Eve, 1913, described the festive scene:
“The Christmas spirit pervaded the gathering. While the ceremony was a little less impressive than that of the signing of the Tarriff act on Oct. 3 last in the same room, the spectators were much more enthusiastic and seized every occasion to applaud.”
Mastercard, Wells Fargo, Citigroup and others launched a 12-week digital dollar pilot program with the New York Fed. Don’t worry because the New York Fed says the pilot program will only use “simulated data” and is “not intended to advance any specific policy outcome.” Via Business Wire: Members of the U.S. banking community today announced the launch of a proof of concept (PoC) project that will explore ...
The head of one of the government’s major agencies, the Federal Deposit Insurance Corporation or FDIC, has resigned after warning of a “hostile takeover” by the Democrats. Jelena McWilliams, 48, who was the chairperson of the agency, penned a letter to President Joe Biden on Friday attacking Senate Democrats for going around her to suit their own agenda. “After serving as the 21st Chairman of the Federal ...
Every three years, the Federal Reserve releases a study on consumer finances that is a stockpile of data on everything from household net worth to incomes. The 2019 Fed survey confirms statements I have made previously regarding how the Fed’s monetary interventions made the top 10% more prosperous than ever. They just left the vast majority of Americans behind. While we will address the statistical data, there is also the ...
A little over a year after former tech guru (and one-time presidential candidate) John McAfee was arrested in the Dominican Republican (aboard a yacht carrying high-caliber weapons, ammunition and military-style gear), and two months after a "fake arrest" for wearing a thong mask... ... on Monday the eccentric millionaire was arrested - this time for real - in Spain, where he is awaiting extradition to the US ...
Claudio Borio, Head of the Monetary and Economic Department at the BIS, published the BIS Quarterly Review, September 2019on Sunday, revealing how the increasing acceptance of negative interest rates has reached “vaguely troubling” levels. The statement comes after the Federal Reserve and European Central Bank (ECB) cut interest rates to flight a global manufacturing slowdown — Borio said that the effectiveness of monetary policy is severely ...
Former CIA Officer and whistleblower Kevin Shipp thinks the Fed rate-hikes throughout Trump’s two and a half years in office are a way to “get the President.” Trump has been highly critical of the Fed, and he says it is to blame if the economy tanks. Shipp explains, “God bless Donald Trump because he is the first President to call out the Fed like he is ...
A new report by Dr. Mark Skidmore, a professor of economics at Michigan State University, and Catherine Austin Fitts, former assistant secretary of housing analyzed the budgets of both the Department of Defense (DOD) and the Department of Housing and Urban Development (HUD) and discovered that these two departments alone lost over $21 trillion in taxpayer funds between 1998 and 2015, The report indicates that the "losses" were a direct result ...
The Emergency Economic Stabilization Act and Troubled Asset Relief Program (TARP), commonly referred to as a “bank bailout,” authorized the US Secretary of the Treasury to spend $700 billion (actually spent more than double that) of taxpayer dollars to purchase distressed assets, especially mortgage-backed securities (MBS). Instead, the funds were given to foreign and domestic banks to offset their risky MBS, OTC derivatives and other losses. The bank ...
The mother of all insider trades was pulled off in 1815, when London financier Nathan Rothschild led British investors to believe that the Duke of Wellington had lost to Napoleon at the Battle of Waterloo. In a matter of hours, British government bond prices plummeted. Rothschild, who had advance information, then swiftly bought up the entire market in government bonds, acquiring a dominant holding in England’s ...
https://www.youtube.com/watch?v=HEatg71BQtk Most Americans do not know who Sherry Peel Jackson is. You won’t hear her name mentioned in the mainstream media. She will never be named to People Magazine’s most fascinating people list or be included in CNN’s latest group of heroes. Yet, she is a courageous American activist who put her life on the line so that the American people could be told the truth ...
