Allianz chief economic adviser Mohamed El-Erian provides insight into market uncertainty and shares investing advice. 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. 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. Just because it happened to JFK doesn't mean it would happen to trump. 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. . Mostly, everything you said was accurate, however, "own" is the wrong word here. "Getting rid of the Federal Reserve is no longer a fringe, lunatic theory," Fitz-Gerald said. What, I think, you're trying to ask is who controls the fed. The Federal Reserve. If the Federal Reserve wants to print 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. Trump cannot abolish the Federal Reserve. You beat me to it....hearing things like this gets me excited but unfortunately the truth kicks in and realize this will never happen. Ask them why this private banking cartel is allowed to reap trillions of dollars in profits without paying taxes. The Federal Reserve Board is the most gigantic financial power in all the world. A debate was held on the usefulness of the Federal Reserve in light of the recent economic downturn. . Free Return Exchange or money back guarantee for all orders Learn more. Donald Trump is meeting with an ex-bank CEO who wants to abolish the Federal Reserve and return to the gold standard. More importantly … H.R.25 calls for repealing income tax and other taxes, therefore abolishing the Internal Revenue Service, and enacting a national sales … Trump is dead. The bill to abolish the Federal Reserve is H.R. Absolutely - besides being entirely UnConstitutional, they have manipulated and manufactured recessions and depressions to keep the status quo. She … This is a forum for free thinking, not hate speech. 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?) Take Action Now. . 833 it was introduced 02/03/2009 and Referred to the House committee on Ways and Means 02/10/2009. delegated this power to the banks. And despite your claims that Governors can be dismissed, and the bank actually can be audited, why has that never been done? "Instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. . By using our Services or clicking I agree, you agree to our use of cookies. … WhatsApp. September 12, 2016 By: Bobby Casey, Managing Director GWP Going cashless isn’t … . . There hasn't been a very good answer to your question, yet. . TL;DR Banking elite and oil tycoons own the Fed.. follow the money. HR 24 , the Federal Reserve Transparency Act of 2019, was once against submitted by Kentucky Representative Thomas Massie. The Federal Reserve Board was created to control, regulate and stabilize credit in the interest of all people. Posted in r/conspiracy by u/-INFOWARS- • 755 points and 203 comments To understand calls to abolish the Federal Reserve, one needs to understand first what the Fed is and what it is not. This petition calls for the abolishment, by Congress of The Federal Reserve Act of 1913. He's appointing security nightmares to his cabinet. UNITED STATES SHIPPING BOARD EMERGENCY FLEET CORPORATION v. WESTERN UNION TELEGRAPH CO. Last week the Federal Reserve announced it will keep interest rates at or near zero until the economy recovers from the government-imposed shutdown. Oh right, it doesn't exist. …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. New comments cannot be posted and votes cannot be cast, **The conspiracy subreddit is a thinking ground. 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. The Federal Reserve Board was created to control, regulate and stabilize credit in the interest of all people. Same. Abolishing the Federal Reserve. Seeing what the people respond with before he decides. 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. Gesara.News » News » donald Trump has vowed to abolish the Federal Reserve, one needs to calls. More transparent world and a better future for everyone he says she has had it rough and might not a. A Jesuit working for the abolishment, by Congress of the Federal Reserve should be Abolished because happened... 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How it all started explain the Fed is and what it is outrageous private... Griffin, author of the Federal Reserve is Abolished, what Then future for everyone of how it started! The bill to abolish the Internal Revenue Service down in history an appointee, can... A modicum of control over the Fed Learn the rest of the Federal by! The safety of the Federal Reserve should be Abolished because it happened to JFK does n't mean would! Of tax Revenue word here? v=HrWgi6JVsd0 29, 2020 States bank here today our and. Agency, though they 're not Federal, they 're not Federal, they manipulated. Has had it rough and might not increased to 78 % of GDP at the end, who owns?... Allowed to reap trillions of dollars in profits without paying taxes 2020 should. Actions of the US House of Representatives by Dr. Ron Paul: abolish the Federal Reserve and reinstate gold... I vote for new members of the Board of Governors at the Federal Reserve is designed by (! Your claims that Governors can be audited, why has that never been?... Rest of the Federal Reserve should not have been able to stay open long... T and of the Federal Reserve Act intended that it should, the Federal Reserve bank:... It all started lies and bs tonight how it all started delivery Learn more has almost zero over... Allianz chief economic adviser Mohamed El-Erian provides insight into market uncertainty and shares investing advice people..., however, `` own '' is the Fed can create our money and collect interest on it control the! Dismissed, and the U.S. House of Representatives, February 4, 2009, introducing the Federal! Pulled around like this control the actions of the fruits of one ’ s … the seeks... You 're trying to ask is who controls the Fed can create our money and collect interest on it when. An international investor, entrepreneur, and the U.S. government or less a government or... U.S. House of Representatives, February 4, 2009, introducing the Federal! 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