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The Federal Reserve was created 110 years ago today
Heritage ^ | Dec 23 | Heritage

Posted on 12/23/2023 12:57:24 PM PST by RandFan

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What is your view on the FED? Is it time to revisit central banking or are we stuck with it?
1 posted on 12/23/2023 12:57:24 PM PST by RandFan
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To: RandFan

Death Machine


2 posted on 12/23/2023 12:58:57 PM PST by conservativeimage (Divorce the Deep State Peacefully: Become a State National: https://tasa.americanstatenationals.org)
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To: RandFan

And yellen has has been there the whole time.


3 posted on 12/23/2023 1:00:30 PM PST by toddausauras (Trump Lake 2024....Go down swinging!)
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To: RandFan

The Den of Vipers need to be eliminated.


4 posted on 12/23/2023 1:00:37 PM PST by eyeamok
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To: RandFan

Central banking is bad. People say “you need it”. But I think that it is evil and it is entirely possible to run a national economy without such a monstrosity. Andrew Jackson was right to kill the Second Bank and someone should come along and kill the Fed.


5 posted on 12/23/2023 1:01:42 PM PST by ClearCase_guy
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To: ClearCase_guy

When you look at their record over the last 110 years its not good is it and seems to be getting worse (.com bubble, 2008 and current fiasco)

Maybe it’ll wake some people up


6 posted on 12/23/2023 1:03:02 PM PST by RandFan
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To: RandFan

This is just another example of why most laws should be “sunset laws”. Unless Congress periodically renews the law, it goes away.


7 posted on 12/23/2023 1:03:38 PM PST by Leaning Right (The steal is real.)
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To: RandFan

110th anniversary of the death (calculated murder) of the republic.

The FED is a massive banking cartel. Idiot politicians think the US government controls the FED. Just the opposite.

Wilson was essentially a Fabian socialist.


8 posted on 12/23/2023 1:09:21 PM PST by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: RandFan

Aside from the fact that they didn’t then and don’t now understand the nonlinear behavior of the system they created, the bigger problem is that you cannot have such a system without a way to collateralize it.

That is done via the Federal Income Tax. It’s no coincidence that the two things were put in place in the same year.

IOW the Fed requires a captive population to pay the bonds it issues to collateralize the currency. That means we are simply tax slaves, here to bolster the fiat dollar.

Odd how no one ever seems to point that out.


9 posted on 12/23/2023 1:11:05 PM PST by Regulator (It's fraud, Jim)
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To: RandFan

The Creature.


10 posted on 12/23/2023 1:13:08 PM PST by fretzer
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To: Regulator

+1

From 1865 to 1913 there was no slavery in the US. Just 50 years. That’s it.


11 posted on 12/23/2023 1:14:43 PM PST by ClearCase_guy
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To: RandFan
The Creature From Jekyll Island.


12 posted on 12/23/2023 1:16:21 PM PST by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: RandFan

See the tag...


13 posted on 12/23/2023 1:17:31 PM PST by RckyRaCoCo (Time to throw them out of the Temple...again)
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To: aquila48

That’s a very influential book, at least on me


14 posted on 12/23/2023 1:18:21 PM PST by RandFan
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To: RandFan

why, of all the oppressive leftist/globalist/elitist institutions in America, did a black basketball star, Royce White, lead a protest against the federal reserve?


15 posted on 12/23/2023 1:18:35 PM PST by dadfly
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To: aquila48
What a silly, error filled book.
16 posted on 12/23/2023 1:28:06 PM PST by Toddsterpatriot (TANSTAAFL)
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To: RandFan

Another huge mistake.


17 posted on 12/23/2023 1:29:24 PM PST by mulligan (an En bbnnEeThe to)
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To: Toddsterpatriot

What’s wrong with it ?


18 posted on 12/23/2023 1:29:46 PM PST by RandFan
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To: RandFan

Page 27, “When a borrower cannot repay and there are no assets which can be taken to compensate, the bank must write off that loan as a loss. However, since most of the money originally was created out of nothing and cost the bank nothing except bookkeeping overhead, there is little of tangible value that is actually lost. It is primarily a bookkeeping entry”


19 posted on 12/23/2023 1:35:42 PM PST by Toddsterpatriot (TANSTAAFL)
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To: RandFan

And it was a dark day for America when it happened...


20 posted on 12/23/2023 1:35:45 PM PST by piytar (Do NOT forget Ashli Babbit!)
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