The Only Conspiracy: Federal Reserve

140  2013-01-22 by [deleted]

First, get the the most powerful country on the planet to issue your fiat money.

Second, subdue the world into using it as a reserve currency.

Now, you can own nearly anything. You can control many by "employing" them. You flood culture with propaganda telling them to worship your currency. You flood intellectual circles with divisive nonsense. Create secret societies that offer nothing but confusing symbology wrapped up as ancient secrets. Anything that distracts people away from thinking about the scam is a plus. Never mention it, never teach it, disallow the alternatives from being discussed. When your charter is about to be renewed, create a mass hysteria around an irrelevant issue: end of the world, anyone? Make the prime objective of government to ensure your status. Require taxes be paid in your currency. Now you win. What is missing?

105 comments

What is missing: never attribute to malice what can adequately be attributed to stupidity. There are people who genuinely don't want to hear about how badly they're being boned, and to my mind that's the essence of good conspiracy: willing participants. The sorts of people who would write off everything you said by saying "you're full of shit," is what makes this possible.

Rather sadly, you can't MAKE people care about anything.

If you want to talk about currency, you need look no further than the ultimate fate of Liberty Dollars to understand that the people in charge of our currency really DO grasp the threat any alternative poses.

Before organised criminal groups were busted and the evidence was finally brought to light, the mainstream was scandalized at the thought that it could even exist. People actually believed that criminals were nothing more than purse snatchers and stick up artists. When the public found out that criminals could be sophisticated, completely hide their tracks, commit massive crimes and get away with it, this revelation shook people down to their core.

The political/economic arena is just the next logical step where you are going to find organised crime, I can guarantee you with total certainty that criminal conspiracies are rife within all branches of government, banking, business. There is no way for those sectors to insulate themselves from the influence of outright criminal elements. It is logically impossible for there not to be conspiracies. There are big questions, like is there really a world conspiracy? - I guess the answer is sometimes. But to suggest that it's all down to stupidity, is so incredibly naive.

Money is the focus of most people, and that's how the bloodlines want things to stay.

Rothchild or red shield

?! was that supposed to be some joke? u know they are the same thing right?

If you can create money in any amount and distribute it to whomever you wish, deny it to whomever you dislike or want to plot against, in secret, you do own the world.

Now you will naturally tend to hate humanity out of boredom because they are allowing you to get away with this and no matter what you do you will never lose.

You may, after a while, tire of the game and begin to want to wreck the board to play something else.

It was much better when money was backed by gold. I mean what's more sensible than pay some black dudes to dig it up from a hole in the ground in africa, put it in a more secure hole in in the ground in america and pay people to guard the gold.

America.

[deleted]

Maybe the way he said it, but I have to agree that I'd rather have a currency backed by a finite resource. As soon as the curtain is finally lifted, and knowledge of the brain-slug banking cartel reaches critical mass, would currency not inevitably fall back to being backed by gold, or something with demonstrable scarcity? I personally wouldn't trust any party with the task of responsibly operating the printing press, not after what we've seen.

[deleted]

It sounds terrible but if there is less of something then the value goes up. I want to state that I know absolutely no idea how economics works and I won't pretend too. Just an idea that popped in my head one time.

Don't sell yourself short! I think you absolutely do know how the economy works.

On the real though, think for a second how things would go if people knew their money would be worth more tomorrow than it is today.

that was the intent. sarcasm*

[deleted]

yeah gold bugs are foiled with 2 simple questions: do you, or anyone you love and hold dear, have any gold? AND

should the growth of economic development be limited by the pace in which we can dig a yellow rock out of the ground?

*edit im no fan of the current system.

There are others.

Military industrial complex.

13 bloodlines of the illuminati.

Satanism/occult practices in high places.

The vatican's push for a world religion.

The Mossad and CIA vs the world.

Whitewashed history and our true past.

UFO's

Let us all try to comprehend how many conspiracies are made possible by this one, or how many conspiracies would not be possible, but for this one.

Of course. Thats the joke, the money is the only thing, everything else is a misdirection and noise. Which is why this tabloid bullshit subreddit is so goddamn stupid. Most of you need to read a fucking book and stop masturbating to youtube videos produced by the mentally ill....

start here:

http://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/0912986212

http://torcache.net/torrent/89051ACEB5ED30A6E90D0F1DB6F579280FED1B7C.torrent?title=[kat.ph]creature.from.jekyll.island.by.g.edward.griffin.pdf.and.kindle

The fnords are fnordsing.

holy shit, you can see them too?

Smells strongly of discord in these parts.

bitcoin anyone?

[deleted]

Taking delivery is still the best option though...if you don't hold it, you don't own it.

What is missing?

How much profit do they make making money out of thin air and what happens to this profit?

What do you call it at that point? its beyond greed. Its beyond power. I don't even know the words to explain the atrocity that is the federal reserve. Or the incestuous families behind it. They have ruined the world..

I don't even know the words to explain the atrocity that is the federal reserve. Or the incestuous families behind it.

Imaginary.

Seriously. There is no small group of families running the federal reserve. It's owned by thousands of banks a lot of them(certainly all the bigger ones) publicly traded.

And the majority share holders (in most cases) happen to be whom? or directly related to whom? Follow the rabbit down it's hole my friend, there's much to learn.

If you have sources with information then post them, otherwise shut up.

Nice links

http://finance.yahoo.com/q/mh?s=JPM+Major+Holders http://finance.yahoo.com/q/mh?s=C+Major+Holders

The largest shareholder of both holds ~4% and is a mutual fund/index company.

The largest private investor in JPM owns around 0.04% The largest private investor in Citi owns around 0.03%

I'm not sure what you were expecting.

so the rothschild family doesn't own 40% of the worlds wealth?

Lol, no not even close. The richest Rothschild heir in the world is just barely worth $1 billion. They use to be extremely rich and powerful but that hasn't been true for a very long time.

do you subscribe to the notion that their wealth may not be directly attributed to their names but in trusts and NGO's and Policy Institutes which they sit on the boards? they can still live the lavish lifestyle to which their accustomed to and have the added benefit of claiming they are no longer wealthy and powerful and there fore, shouldnt be scrutinized. ? im not saying anything but "this wouldnt surprise me"

Hiding in plain sight.

They wouldn't get scrutinized by anyone outside of the fringe even if they were as wealthy as before so I don't see that actually being a concern.

Also it's nearly impossible to hide as much wealth as is attributed to them and the management/storage of it would involve a lot of people and be difficult to compartmentalize properly.

It's possible they have tens of billions hidden away, there are a few recent and current world leaders suspected of hiding such fortunes earned while in power. But even in the case of someone like Putin the details came out. Once you get into the hundreds it becomes very tricky to allocate it in a way to keep ahead of inflation and hide it and trillions I'd say impossible.

wow downvotes everywhere, im a bit peeved finding out that this sub is so full of assholes. Its unfortunate, but whatever. Thanks for your answer. I think the moto of this sub should be Aristotle's "It is the mark of an educated mind to be able to entertain a thought without accepting it." but damn, these people here are so fucking judgmental and hostile! That being said, Id disagree with you. I dont think you get to the point where your 5 sons own and operate the central banks of europe and somehow dissipate that wealth away over the course of generations. With compounding interest being what it is, and the families holdings in just about every industry there is... i think its obvious that they still control possess unimaginable wealth and control over the worlds economy. But its something im not willing to take the time to independently verify, as i dont find it to be particularly important. im more focused on publicizing alternative methods of money creation and banking. They can have their games, we shall create new systems and they shall be for the benefit of all and not for the select elite few.

It would seem that all that repackaged anti-Semite propaganda is outdated...

It goes where the users of labels like Anti-Semite goes. Just like the upvotes. Where else would it be after all?

Nice try but I'm being pretty precise in my use of it here. The specific tales of shady bankers concocting the Fed on a secret island is recycled anti-ZOG propaganda, and it's not a coincidence many of those bankers of old were Jewish. I'm not about to call pro-Palestinians (of which I am one) anti-Semites, then you might have a legitimate claim. Just because the label of Anti-Semitism is overused doesn't mean the appropriate response is to deny that Anti-Semitism has ever happened or has any legacy effects in the present.

I'm not denying it is real. I am treating it as real. Where else would anything that is Anti-Semite be but with those who use the term? Unless you were lying when you used the term?

"No! None of that peripheral nonsense! We have to go deeper! To the heart of the matter! The Semites! Fighting the Semite is our destiny!"

do you have any sources for this? I quite certain thats not true.

Nat Rothschild is the richest of the current heirs. He is worth $1b(check the forbes and sunday times rich lists). His father Lord Rothschild is worth around half that(Going off his holdings in RIT, and assuming other smaller investments/properties). The drop off is pretty quick after that so it's hard to find figures(no one with access does research into the net worth of people with only $XX million).

They are certainly rich. But years of descendants and the rise of corporatism has really left them behind as far as world leaders goes.

Yeah right, Forbes & Sunday Times has access to (sarcasm):

1) All properties/wealth hidden by the paper trail of endless shell companies & secured blind trusts.

Those types of estimates of wealth are for the rubes.

God, this disinfo heaven or people have no experience & actually read Forbes & WSJ to get crap investment advice.

Those are lifestyle publications for the poor.

Bullshit , you have got that backwards shill!

It's easily verifiable. Just because it confuses you doesn't mean it's magic.

your mother said that about you

That doesn't even make sense.

You're not very clever are you?

you pretentious prick you have been downvoted more than the devil around here, I will give you this , atleast you are a persistent prick hahahaaa

Their annual reports, with audited financial statements, are here. A summary of their income, profits, and payments to the government since 1914 are in this table.

The member banks get a 6% dividend on the amount of stock they own in their regional Federal Reserve Bank and some money is added to their surplus fund. After that, all the profits go to the federal government. For example, in 2011, they made a profit of $77.4 billion, of which $75.4 billion went to the federal government.

That's nice and all, but you failed to mention the Fed and it's member banks are the largest holders of government debt.

Here are a couple of tables I made 3 weeks ago, from the latest month that had full data available.

Federal Debt in Billions of Dollars
June 2012


15,855.5 Total public debt

         Percent Holders
 4,808.8  30.3%  Intragovernmental (Social Security/Medicare)
 1,754.6  11.1%  Federal Reserve
   305.2   1.9%  Depository institutions
   184.7   1.2%  Savings bonds
   605.2   3.8%  Private pension funds
   189.6   1.2%  State/local govt. pension funds
   259.1   1.6%  Insurance companies
   864.9   5.5%  Mutual funds
   519.5   3.3%  State/local govt.
 5,311.0  33.5%  Foreign/international
 1,140.5   7.2%  Other investors

 Largest Foreign Holders of Debt
 1,147.0 China, Mainland
 1,109.4 Japan
   268.3 Oil Exporters
   245.4 Carib Bnkng Ctrs
   244.3 Brazil
   196.4 Taiwan
   172.0 Switzerland
   163.8 Russia
   138.0 Luxembourg
   136.0 Hong Kong
   144.5 Belgium
   138.9 United Kingdom
   Others

Source: Treasury Department

This is nice and all, but which intergovernmental agencies loan money? How does SS/Medicare loan the US gov money to pay for those very programs. That doesn't even make any sense.

The FICA tax collected has been more (until just recently) than the amount that was needed to pay for Social Security and Medicare. The surplus was loaned to the rest of the federal government, at interest. This has been controversial for several reasons, including the fact that the payroll tax falls much more heavily on the lower and middle class than an income tax (to otherwise fund the government) would.

http://en.wikipedia.org/wiki/Social_Security_Trust_Fund

Loaning money from SSD/Medicare is a monumentally stupid, illegal, and corrupt idea. Taxes are supposed to fund the programs they are levied for. If there is a surplus for a program they need to lower the tax and issue refund checks.

Thanks

I read somewhere that it's in the 400 billion dollar a year range of profit. I don't have a link due to me being on my phone. I imagine that the profits just go to the family's of the people who own it(Rockefeller, rothschilds, ect) and used to further their agenda by investing in companies that would benefit them.

Actually, the Fed refunds 100% of its profits to the treasury every year.

Ha

You heard the man. The fed gives all its profits to the government. Conspiracy's over, goodnight everyone.

If you could prove that you'd have to be privy to secrets that no one else knows.

There has never been a thorough audit. The Fed will not tell who they loan money to or how much.

You don't even have to audit the fed to see if the money going out in interest is greater than the money coming in from their payments. You just have to audit the treasury.

There have been dozens and dozens of audits, but for some people there will never be one thorough enough.

These person is here to deflect those somewhat interested who just want an easy out. What he is saying is in fact nor true.

Quite the opposite, some people hear something conspiratorial and instantly assume it's true, and THAT is an easy way out as opposed to actually doing research. That's how myths about the Fed spread like wildfire all over the internet, people who already have a conspiratorial mindset get carried away with their confirmation bias and swallow all kinds of crap.

One issue that I don't have a full understanding of is that I thought the gold standard was weakened by Roosevelt and then eliiminated during the Nixon administration. Prior to that, gold bullion was seen publicly in Ft. Knox in 1953 and again in 1974 after congressional demand. What became of the gold bullion subsequently? My societally retarded "logical" mind would say it must still be there. Talk of numerous audits, though, got me to thinking why it is almost 40 years now since we've publicly seen anything. What is the correlation between that gold and the fed. And assuming the gold is still there, what purpose does it serve?

Oh they all work for free?, how would you know , just because they put it on their website it must be true, think about it, they don't allow anyone to audit them hahaha , and why not? well they must have something to hide don't they

Oh they all work for free?, how would you know

They don't work for free, they collect a salary openly, but you wouldn't know this because you haven't done an ounce of actual research. You don't even know what lies you think they're telling.

think about it, they don't allow anyone to audit them hahaha , and why not? well they must have something to hide don't they

Once again, something demonstrably false if you've done any research aside from watching youtube videos featuring creepy music and images of money printing machines.

http://famguardian.org/Subjects/MoneyBanking/FederalReserve/FRconspire/audit.htm

Since its inception in 1913 the Federal Reserve System has been subjected to a variety of financial and performance audits by Congress, the executive branch, and private accounting firms, although responsibility for this task has shifted from time to time. From 1913 to 1921 the Board of Governors, then known as the Federal Reserve Board which sets monetary policy and regulates the activities of the Federal Reserve Banks, was audited annually by the U.S. Treasury Department. In 1921 Congress created the Government Accounting Office (GAO) and assigned it to audit the Board until 1933. In the Banking Act of 1933, Congress voted specifically to remove the Board from the GAO’s jurisdiction. From 1933 to 1952 audit teams from the twelve Federal Reserve Banks performed the annual examination of the BOG’s books. From 1952 to 1978, the Board, under authorization from Congress, decided to employ nationally recognize accounting firms to conduct the audits of itself to insure independent oversight. This provided an external evaluation of the adequacy and effectiveness of the examination procedures.1

In 1978 Congress passed the Federal Banking Agency Audit Act (31 USCA §714). It placed the Federal Reserve System back under the auditing authority of the GAO. The Act significantly increased the access of the GAO to the Federal Reserve Banks, the Board, and the Federal Open Market Committee (the FOMC). Since then, the GAO has conducted over 100 financial audits and performance audits of the three Federal Reserve bodies.3

Please. Tell me about how the Fed was founded at a secret meeting on Jekyll island. Do you believe everything you see on youtube?

Oh STFU, can you not see an ounce of sarcasm you dumb fuck?

hahahahahaha :) just for you

That's basically what I've heard too. About that anyway. There obviously has to be some running capital into the next year too. So maybe 80-90% to the treasury (the problem here being that the treasury then gives it to the banks rather than use it to reduce taxes invest in services etc)

But basically it is the American people who are making money out of thin air and using this magic money to protect Americans interests in the world.

I am certain this is not completely right but I am also certain that goldbugs are trying to crash the dollar in just the same way any other speculator would. And I am always wondering if Americas ability to make money out of thin air being removed will mean that the rest of the world will no longer be paying what amounts too a large part of Americans taxes for them. That the Americans will have to pay them all themselves if the petro-dollar goes. That goldbugs will see the value of gold double. But then will see their taxes go up eightfold.

There obviously has to be some running capital into the next year too.

Yeah they have that plus operating costs, but I'm pretty sure those never run higher than 3-5%.

I think more importantly Americans use the money to counteract the business cycle and try to curb the effects of recessions. In particular, to stop the currency from becoming deflationary and entering a spiral where both consumption and investment slow down and hinder each other. Most goldbugs seem to think deflation = more purchasing power, forgetting that it affects not only the value of commodities but also that of their own labor, as well as the value of their debts. That's without even speaking of the economic effects of "under your bed" suddenly becoming a profitable investment.

I don't think the owners of these banks are motivated by monetary profit. At a certain point, money no longer is exciting, now power, however, there's a motivator.

Well that is a very vague way of putting it and that is what is so exhausting to people who will have to listen to your arguments for....what change?

See, it's complicated. I at least admit I know almost nothing about such things but that there are enough people who will.

I think a more down to earth way for you to have typed what you just typed would have been

"Great! The profit goes to the Treasury! But who gets to work with the working capital?

See the difference? Now it's starting to get complicated!

People think the profit is the interest. It isn't. The profit is the difference between the interest charged and the market rate. And that all goes to the banks.

Consider that the Fed and the member banks are the largest holders of government debt (money we the tax payers owe to the banks). 7+ trillion dollars.

To their shareholders in other words. You can't have 50 million people unemployed, the largest prison and war machine system in the world and not expect to owe someone something.

The only reason I can think of for the FED not being nationalized though is that they would then be the people you lot are competing against as a bank (a national bank). That bank might be a nightmare. Though the 'power' that those who were working with it's 'working capital' (or whatever) might have might be immense. Or that of a drunk.

you must listen to me, I implore you, please, if there is one drop of good in you, you will come here, and you will bring others, you must understand the importance of this, you must understand the importance of the plan, others must be taught, others must understand, unify here...now, with the understanding of what the problem is, watch as the plan unfolds before your eyes

This subreddit will never gain the respect of anyone if we don't respect each other first. Every thread ends up with sarcasm and name calling, which only hurt our goal: an honest open discussion about these ideas and questions. We need to be accepting of polite counter arguments. Like grandma says, you catch more flies with honey than vinegar.

Require taxes be paid in your currency.

most important sentence there.

2011 WNSF Event: New Money For A New World

Bernard Lietaer: Money diversity

What About Money? Bernard Lietaer interviewed by Lars Schall

Im not saying im totally 100% in his corner like i am with Bill Still but Bernar Lietaer is offering a great idea worth exploring.

Also Its worth taking a look at The Public Banking Institute and the Bank of North Dakota.... i think if these things were widely known, we'd finally have some answers for those idiots saying "occupiers have no coherent demands" but whatever. Cant Force people to wake up?

I wouldn't say that it's the only conspiracy. There are many others out there.

i would say a lot of them can be traced to the Fed though

agreed and what got the fed started ? another giant central bank

to meet here, at r/con...to discuss the plan, the way out, must go viral....all those who know something is wrong, all the counter news sites/forums/everywhere. come here...become one

Don't become one, Be one. Be an individual, passionate and spirited. Their goal is to crush our minds, crush our souls, and eventually crush our bodies. Learn everything you can, but be a skeptic. Remember that despite all the propaganda lies, those people we are seeing as terrorists, are the same as you and I. They have dreams, they have fears, they have families, friends and loved ones. They are human just like you. And that needs to be the uniting factor. We can no longer be divided by countrys and regions, we need to become one human race. Only then will the people who have perpetrated crimes against humanity be removed from power and properly punished.

The Vatican has had the true power the last two-thousand years.. the Federal Reserve is obviously trying hard for that title.

The stock markets all seem like divisive nonsense to me. Worshiping money and power comes from movies and music. I can see the big players being part of founding secret societies to simply obfuscate the truth about the scam, without even having to truly be in on the scam. Fiscal cliff and other wars are an easy way to distract and keep the cycle pumping.

This will explain it all about the fed pretty good. Rothschild means "Red Shield".

http://www.youtube.com/watch?v=ZPWH5TlbloU&feature=player_embedded

The professional overbearing 'federal' reserve fans present here is amazing. I guess the last 3 years of growing public interest in auditing them, they hired a propaganda team to man the forums.

Well I'm clueless about economics but do you at least think that Americans - i.e. their Treasury or whatever - have the right to make money out of thin air?

No matter how many rabbit holes you go down, almost all end up at the true king of man, the almighty dollar..

The Federal Reserve is the worst thing to ever happen to our country, Andrew Jackson considered his greatest achievement to beating the central bank.. Alexander Hamilton, the guy on the 10$ bill died in a duel over the central bank.. We are all slaves to this monetary system and those bullshit digital numbers on those plastic cards in our wallet..

Some quotes on the central bank...

"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford

"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers." -Congressman Louis T. McFadden

“The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson.” -Franklin Delano Roosevelt

"This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill." -Charles A. Lindbergh, Sr. , 1913

"Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back." -Sir Josiah Stamp, former President, Bank of England

"A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." -President Woodrow Wilson

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." -James Madison

“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.” -Abraham Lincoln

And of course the grand architect of the whole system, the family with no loyalty to any flag or even humanity only the almighty dollar.. The Rothschild s

“The few who understand the system, will either be so interested from it’s profits or so dependent on it’s favors, that there will be no opposition from that class.” -Rothschild Brothers of London, 1863

"Give me control of a nation's money and I care not who makes it's laws" -Mayer Amschel Bauer Rothschild

Please do yourself and watch this doc on the Rothschilds, just to give yourself a little perspective on the whole thing...

http://www.youtube.com/watch?v=rKZjbz1GdAc

Well I'm clueless about economics but do you at least think that Americans - i.e. their Treasury or whatever - have the right to make money out of thin air?

When your charter is about to be renewed, create a mass hysteria around an irrelevant issue: end of the world, anyone?

The Federal Reserve never had a charter limited to a fixed number of years. There hasn't been any kind of extension passed in recent years.

All the laws passed in the last two years that mention "Federal Reserve":

Results 1 - 3 of 3

  1. Public Law 112-88 - An act to instruct the Inspector General of the Federal Deposit Insurance Corporation to study... . PDF 129 KB
    Public and Private Laws. 112th Congress. H.R. 2056. Tuesday, January 3, 2012.
    ...Coordination Between FDIC IG, Treasury IG, and Federal Reserve IG.-- <> In carrying...the Inspectors General of the Treasury and of the Federal Reserve System, and such Inspectors General shall... More Information

  2. Public Law 112-74 - Consolidated Appropriations Act, 2012. PDF 1380 KB
    Public and Private Laws. 112th Congress. H.R. 2055. Friday, December 23, 2011.
    ...Engraving and Printing may be used to redesign the $1 Federal Reserve note. Sec. 110. The Secretary of the Treasury may...each of the days in such quarter as reported by the Federal Reserve in Publication H-15 (or its successor) for... More Information

  3. Public Law 112-55 - Consolidated and Further Continuing Appropriations Act, 2012. PDF 528 KB
    Public and Private Laws. 112th Congress. H.R. 2112. Friday, November 18, 2011.
    ...Association, Government National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Financing Bank, Federal Reserve banks or any member thereof, Federal Home Loan banks, and any insured bank within the meaning of the Federal... More Information

Obvious shill. Please look at post history

Although I'm not a shill, it shouldn't matter. What matters is whether I'm right or wrong.

If you want incorrect information posted to this sub without anybody correcting it, go ahead and vote this comment down.

There's a myth going around that there was some extension of the Federal Reserve's charter passed in December. It isn't true.

it's hilarious that people actually vote you down

I stand corrected. Apologies

You're right, apparently it isn't up for renewal until 2013, not sure why you got downvoted.

God... I love it that people are rejecting the shill "confidence men" that are all over r/conspiracy. It's fantastic that people are starting to consider other points of view beyond the 'public record' bull.

Why would they do this? What are they controlling people to do?

good summary

Brilliant sir. Spot on.

I'm sick of capitalism. It's a primitive system which thrives on the inefficient allocation of resources and has fails to provide for the needs of billions of people. Capitalism can now be phased out by modern technology. It's time to reinstate the Command Economy.

its not capitalism you see in the market today. its fascist. the central banks wont allow failure of those whose interest they protect, namely, the biggest banks.

Reality.

rumple

Quite the opposite, some people hear something conspiratorial and instantly assume it's true, and THAT is an easy way out as opposed to actually doing research. That's how myths about the Fed spread like wildfire all over the internet, people who already have a conspiratorial mindset get carried away with their confirmation bias and swallow all kinds of crap.

?! was that supposed to be some joke? u know they are the same thing right?

Well I'm clueless about economics but do you at least think that Americans - i.e. their Treasury or whatever - have the right to make money out of thin air?

yeah gold bugs are foiled with 2 simple questions: do you, or anyone you love and hold dear, have any gold? AND

should the growth of economic development be limited by the pace in which we can dig a yellow rock out of the ground?

*edit im no fan of the current system.