The Fed

[Martin Hash]

Andrew Jackson won the 1820 presidency on the promise that he would end the Bank Of The U.S., America’s publicly-owned central bank. By the early 1900s, the need for a central bank was filled by the Federal Reserve Bank which was owned secretly by the biggest banks in the U.S. at the time. The Fed could “loan” money to the government when it needed it, and the government would pay back the loan with interest. Unfortunately, due to legislative budget constraints, the government has had to borrow more and more money from the private Fed. Here’s the remarkable part… the Fed doesn’t actually have any depositors so it doesn’t have any money; it just imagines money out of thin air, loans the imaginary money to the government then gets back interest! The government, meaning the public, currently “owe” the private Fed $15 trillion. This is a direct transfer of everything to the ruling elites.

[SuburbanFarmer]

Andrew Jackson won the 1820 presidency on the promise that he would end the Bank Of The U.S., America’s publicly-owned central bank. By the early 1900s, the need for a central bank was filled by the Federal Reserve Bank which was owned secretly by the biggest banks in the U.S. at the time. The Fed could “loan” money to the government when it needed it, and the government would pay back the loan with interest. Unfortunately, due to legislative budget constraints, the government has had to borrow more and more money from the private Fed. Here’s the remarkable part… the Fed doesn’t actually have any depositors so it doesn’t have any money; it just imagines money out of thin air, loans the imaginary money to the government then gets back interest! The government, meaning the public, currently “owe” the private Fed $15 trillion. This is a direct transfer of everything to the ruling elites.

You said it yourself - the Fed is a consortium of the biggest banks in the world. The depositors are their depositors. That’s why we got ‘too big to fail’ - they’re bailing out their own bank with future tax receipts.

Essentially, the borrower (US Government) is paying out to their lender when it fucks up, by taking out more debt from the lender. Once the lender is owed enough, they essentially own the income source (taxpayers).

We all work for the Fed (banks) now. This is why they feel they can direct our society - because they own it. The Constitution was sold to JP Morgan shareholders, and foreclosed on.

[Martin Hash]

Andrew Jackson won the 1820 presidency on the promise that he would end the Bank Of The U.S., America’s publicly-owned central bank. By the early 1900s, the need for a central bank was filled by the Federal Reserve Bank which was owned secretly by the biggest banks in the U.S. at the time. The Fed could “loan” money to the government when it needed it, and the government would pay back the loan with interest. Unfortunately, due to legislative budget constraints, the government has had to borrow more and more money from the private Fed. Here’s the remarkable part… the Fed doesn’t actually have any depositors so it doesn’t have any money; it just imagines money out of thin air, loans the imaginary money to the government then gets back interest! The government, meaning the public, currently “owe” the private Fed $15 trillion. This is a direct transfer of everything to the ruling elites.

You said it yourself - the Fed is a consortium of the biggest banks in the world. The depositors are their depositors. That’s why we got ‘too big to fail’ - they’re bailing out their own bank with future tax receipts.

Essentially, the borrower (US Government) is paying out to their lender when it fucks up, by taking out more debt from the lender. Once the lender is owed enough, they essentially own the income source (taxpayers).

We all work for the Fed (banks) now. This is why they feel they can direct our society - because they own it. The Constitution was sold to JP Morgan shareholders, and foreclosed on.

The original owners of the Fed only overlap with the "too big to fail" banks of today. I don't think the owners, if they still are in control of banks, extend the Fed's obligations onto the depositors of those banks. The Fed is completely separate and simply makes up the money they loan to government.

Quantitative Easing is the Fed taking toxic loans off of a bank's balance sheet in exchange for some of that made up money.