The Creation of the Federal Reserve System

Only in your head does the Federal Reserve represent some mysterious control over our money. Like I said, you believe in all this Rothschild conspiracy crap so you are going to believe the Fed does what it does for them to profit.

The Fed and it's member banks make the same amount of profit regardless of how much money the Fed makes. It is set in stone and it is not relative to how much profit the Fed makes.

Once again, your interpretation of the creation of the Fed is flawed and it causes all kinds of nonsensical remarks from you. Maybe the money trust did in fact want to create a system that works, lol.

 

The Federal Reserve does control our money. It has a legal monopoly over it. This is fact.

Like I said, you believe in all this Rothschild conspiracy crap so you are going to believe the Fed does what it does for them to profit.

You are misinformed. The Fed does not make any profit, period. It is not a private corporation. It is a non-profit independent government agency. All "profits" the Fed makes are remitted back to the treasury minus a 6% dividend that pays for operating costs.

The real action is based off how much money is created by the Fed from government spending. That money circulates through the economy and allows the banks to make more loans at lower rates than they normally would. The Fed and government bail out the Fed's most influential member banks when these reckless loaning policies get them into trouble.

The Rothschilds participated in writing the Federal Reserve Act. Do you know anything about the history of that family in Europe? Perhaps you should read up on it. They are very corrupt.

It's not flawed. The OP has plenty of sources cited. Just admit it: you are incapable of disproving the facts presented in the OP.

I have made no nonsensical remarks. You have failed at disproving anything I have said.

Of course they did, and they succeeded. The system works very much in favor of the Money Trust at the expense of the American People, just as its creators intended a century ago.

 

your clearly in denial and afraid of the truth and completely ignorant on how corrupt and evil our government and the rothchilds really are.

 

you nailed it,hit the nail right on the head.

 

Lol, loosen up your tin foil hat a little bit

 

the tin foil hatter is you,the ones afraid of the truth on government corruption.

 

there is a huge awakening going on around the country.last april during tax time,i saw many people in my area with signs that said-end the fed,kennedy tried and died.true despite what that tin foil hatter above me who wants to keep his head buried in the sand on.

 

It does not control our money.

Correct... but they still make profits

Yes, that is what the Fed does... except the bailing out of most "influential member" banks. That is just something you made up.

Conspiracy theory

The OP didn't prove anything other than bankers were involved in making the Fed. Wow, so bankers were in charge of making the bankers bank... what an amazing find!!

Your theory is the Fed is bad. You have yet to prove why. I can't argue against someone who doesn't even have facts other than a conspiracy on the creators of the Fed having a malicious intent. Your entire theory is based on assuming they created the Fed to control America. Yet you can't prove how the Fed has any control in America at all and you can't prove how this control has a negative effect on the economy. You are nothing but fluff.

Prove it, how does it work in favor of the Money Trust... the Money Trust obviously was doing fine before the Fed, how did the Fed give them more profit?

Like I said, you are just spouting off conspiracy theories, no facts, no logic, not a shred of proof that the Fed is out to protect the elite and not serve to protect the monetary system as a whole.

 

Your name proves it all. Just hide in your bomb shelter and stock up on canned goods... you'll be fine!

 

your posts constantly prove the truth scares you as we both know. that this is what you do when confronted with facts and evidence.yep. have fun trolling,not going to take your bait anymore tin foil hatter.

 

Lol, oh no... a 9/11, New World Order conspiracy theorist is ignoring me!! How well I go on living my life??

 

it's just not a minor technicality, it's the major difference that took control away from the money trust

the other difference is who prints the money, the aldrich plan had the central banks printing currency, the federal reserve act does not allow the central bank to print u.s. dollars, only the treasury has that authority

 

Sure it does. The Federal Reserve has direct control over the money supply.

False. Profit implies private ownership. The Federal Reserve does not own any profit that it makes at any point. It is against the law.

You don't think that Bank of America, Citigroup, Bear Stearns, AIG, JPMorgan & Chase, Goldman Sachs, etc. are the most influential member banks of the Fed?

Which part?

Why would the money trust write a bill that was designed to break up the money trust?

I take it you haven't read the thread at all. I've given many reasons why the Fed is bad and needs to go. The Fed is a cartel between banks and government that is operating against the public interest - proven by the OP and countless times throughout the thread. The Fed is incapable of acheiving its stated objectives of maximum employment and stable prices: it destabilizes the economy. It is the supreme instrument of usury by transferring wealth from the working poor and middle class into the banking system by generating our most unfair hidden tax of inflation. It encourages war and big govt by standing by ready to create as much money as necessary for the govt to use for whatever it wants. It's an instrument of totalitarianism because it is a tool that is being used to bring about world government.

You are being extremely vague...you're going to have to be more specific about which of my claims you're referring to that I need to back up with fact.

I can't prove how the Fed has any control in America at all? Dude, are you high? The Fed has a monopoly over our money. You SERIOUSLY don't think that is an extreme amount of power?

Read the whole thread. Plenty of evidence provided.

 

i haven't seen you give any valid reasons, you seem to give a lot false propaganda though

 

Not really. Actually, that only further proves my point that the Fed is a cartel between banks and government. Both make decisions that benefit each other; the power is shared both legally and through massive lobbying.

So? The Treasury can only print money when the Federal Reserve buys up treasury bonds on the open market. The point of who prints the money is completely irrelevent and does not give the Fed any less power.

 

I think any rational person would agree that the reasons I listed are valid.

More vague baseless claims. Can you point to something specific I said which is "propaganda"?

 

really, you think the fed wouldn't have any more power, if they were given the power to print money?

that's not valid logic

with ease

 

the Fed can just buy any amount of treasury bonds it wants from its most influential member banks with money created out of thin air. what's the difference exactly?!

Repetetive and already discussed. You ran away and hid when I pointed out how much influence the member banks have over the FRB

 

seriously, you don't understand the difference between 'printing money' and 'money creation'?

not true, i didn't run from anything

that's called a backpedaling excuse

fact: the aldrich plan and the federal reserve act are not essentially the same

 

The power to print paper currency is irrelevant.

They can create as much digital currency as they see fit which for all intents and purposes is real "printed" US currency. THAT is the real power, printing dollar bills is irrelevant.

 

No they can't

 

if the power to print money is irrelevant, why did the aldrich plan include it, but the federal reserve act does not?

there's clearly a difference between the two

 

Sure they can, you ever heard of swap lines?

Because they did not have computers when the Aldrich plan was created?

How is there a difference? Liquidity is liquidity nowadays, does not matter if it is digital or otherwise.

 

there are advantages to controlling the printing of currency

the subject matter i'm debating with dr righteous involves events that occurred between 1907 and let's say 1916, i.e. the creation of the federal reserve banking system

 

Yes I have, what does this prove? That the Fed swaps currency with foreign central banks so that people overseas has access to the US Dollars they own? Like I said, the Fed does not give you or I money or any private sector individual money through their market operations.