How the Federal Reserve Steals From You

When the Federal Government needs more money for their Latest "See what a Good job I am doing by spending your money" pork projects....

They ask the Federal Reserve Bank to lend them the money.


The Federal Reserve System is a Union of Banks.... they have no Money except what YOU deposit.

By depositing money, or keeping your savings IN their banking system, you are giving it to them to Loan back to your Government

That you will be TAXED to pay BACK, to YOURSELF.

And they Keep the Interest.

Both the Interest that the Government Pays for the Original Loan....

And the interest accrued because when they "Loan" money TO the federal Government, they Give the money to *THEIR* BANKS to Loan AT INTEREST into the Economy.

They Gain Interest on YOUR MONEY, TWICE.

You pay that interest through your Taxes, And inflation.


And it was all YOUR MONEY to begin with, and YOU are paying interest, Twice, AND having the value of your savings diminished by the inflation caused from them Adding more currency into the Economy.

By the method of their Fractional Reserve System.


You deposit money, they loan that money out 10 times, take the interest, Loan the money to the Government (Read: YOU) and gain interest from that Also.

-Edrick

reply to post by Edrick
and so what is the alternative?
How would you suggest we all deal with this problem?

Originally posted by Lil Drummerboy
reply to post by Edrick

 

and so what is the alternative?
How would you suggest we all deal with this problem?

Everyone withdrawing their cash and closing their bank accounts would be a good start, but that would actually require people put forth effort and we all know Americans are lazy and would never do such a thing.

reply to post by Lil Drummerboy


The alternative would be useless...

The money thats in your bank or federal reserve is worthless...

The only way we can take back our economy is to go back to the gold and silver standard... we need to get back to were our money was worth something.

Taking our money out their institution would only devalue our dollar or euro to the amount of toilet paper...

Fox.

You are correct, but I think it goes a bit deeper then that.

The Federal Reserve is also key in setting interest rates on borrowed money. Controlling the interest rates would allow them to manipulate the market in a way to allow the banks to profit from appreciation and deprecation. A win-win for those who buy low, and sell high.

The Federal Reserve, as a private entity, also has a representative within the White House. This allows them to be a part of the decision-making process' that could effect their private endeavors and gives them a chance manipulate policy in favor of their own gain.

The Federal Reserve has its hands in many pockets.....taxation is just one way they do it.

Originally posted by Lil Drummerboy
reply to post by Edrick

 

and so what is the alternative?
How would you suggest we all deal with this problem?

instead of having a privately owned banking monopoly printing the United States currency, the United States could instead print their own money. I know, this kind of thinking is just too crazy for some people to handle. Oh well, I guess we'll just continue living as serfs.

reply to post by filosophia


The banks don't print money, they create debt.

Money is an illusion.

Well so far you all have great Ideas
And yes, we are lazy and don't really have the balls or interest to stir up the nest.
Solid value IS the way to hold real value, But how to get it back,... another battle.
as for the fed,, income taxes is stealing in the first place.
However, it IS voluntary
see freedom to fascism. that is a start.

1)pay people in silver based debit card system. All currency units on the debit card is backed up by the equivelent of silver.

2)Create npo or cooperative credit unions/banks NOT privately owned businesses.

3)Create service industry businesses that are npo or cooperative(no one has more than 1% ownership) NOT privately owned businesses.

4)create a telecom using either powerline(via elink and amplification) or/and cell towers to give a free distribution of internet(128KBps) tv programming(Free to air,public broadcast,pay tv) landline telephone(within limitations) that is a free the public and NOT censored,or fascist propaganda by Big Corperate,Oil,Pharma,Banks,CCA,NRA,Tobacco,Ethanol poisoning industy/Big alcohol or an a political lobbying group.

5)Create products that only are sold or bought by us with no incentive to create profits other than to undercut the greedy capitolists compitition while paying people an even split on labor. People have to choose. Do you want $1 #ty hamburger sandwiches or do you want $0.15 $0.20 #ty hamburger sandwiches by us? Do want a minivan with 2 miles per gallon for $45,000 that actually costs 6-7,000 to make or do you want the same exact minivan with 2 miles per gallon for $6,500-$7,500? Do you want to work minimum wage at the burger place for $7.40 or work with a salary for maybe $50-$60/hr doing the same work? How is that possible? No profit margins and no singular private ownership. Even distrubution of the value of work to the workers. Not the capitalists.

6)Stop buying thier products. We buy our products.

7)Stop using thier financial institutions. We create our own and us our own.

8)create a few colonies in a low population density state(like arizona or new mexico). Create laws that favor us and the way we want things ran. kick out law breakers. Ban all not anarchist businesses within the colonies. Sell a product we have to be the ones profiting from it. Not a non-colonial private owner/oligarchy.

9)Stop thinking the way they want us to think. We have to change our mentality from a productive, efficient rent-a-serf to a living thinking and critical unique human being. We have to set the standard for society not them the fascist oligarchs. We don't need anything to make us feel better or anyone to validate our existance. We have to remove the clever con angles they use to pimp us back on the "statist koolaid".

10)Stop thinking they are better than us and we "need" them or they are "more able to manage us". Your worth is what you do for the rest of mankind and the earth ecosystem NOT yourself,your pals,your family etc. Do something to say your better than people. Like cure diseases. Humanitarian service and charity. Stop or prevent wars. Stop or prevent conflict. NOT for your own profit, earn "good dude" points with your friends,fame,power,kickbacks,tax shelter schemes etc. Your helping people because you just want to help people period. What did they fascists do to earn our respect? Lie and defraud entire countries/continents like the rothschilds did? Steal from working class people? Create world wars for money? bomb people for no reason? Kill americans to gain an oil contract or afghan opium?


Until we get our testicles back and start playing hardball with the corperatists/fascists and oligarch captitalists we'll continue to be thier rent-a-serfs and have no say in anything worth having. WAKE UP!