Proper Gander | Federal Reserve Explained - The Fed is Out of Control @ProperGander | Uploaded February 2016 | Updated October 2024, 1 hour ago.
Federal Reserve Explained and Exposed - The Fed is Out of Control (End the Fed)
"We have broken from reality, a psychotic nation. Ignorance, with a pretense of knowledge, replacing wisdom." - Ron Paul
Ron Paul, Ralph Nader, Dennis Kucinich, and more talk about the Federal Reserve, and the need to expose and escape the false left-right paradigm.
The Federal Reserve System—also known as the Federal Reserve or simply as the Fed—is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, supposedly in response to a series of financial panics, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Staged events such as the Great Depression in the 1930s were major factors leading to changes in the system.
The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and as of 2009 also include supervising and regulating banks, maintaining the stability of the financial system and providing financial services to depository institutions, the U.S. government, and foreign official institutions. The Fed claims to conduct research into the economy and releases numerous publications, such as the Beige Book.
In 'End the Fed', Ron Paul draws on American history, economics, and anecdotes from his own political life to argue that the Fed is both corrupt and unconstitutional. He states that the Federal Reserve System is inflating currency today at nearly a Weimar or Zimbabwe level, which Paul asserts is a practice that threatens to put the United States into an inflationary depression where the US dollar, which is the reserve currency of the world, would suffer severe devaluation.
A major theme throughout the work also revolves around the idea of inflation as a hidden tax making warfare much easier to wage. Because people will reject the notion of increasing direct taxes, inflation is then used to help service the overwhelming debts incurred through warfare. In turn the purchasing power of the masses is diminished, yet most people are unaware. Under Ron Paul's theory, this diminution has the biggest impact on low income individuals since it is a regressive tax. Paul argues that the CPI presently does not include food and energy, yet these are the items on which the majority of poor peoples' income is spent.
He further maintains that most people are not aware that the Fed—created (he asserts) by the Morgans and Rockefellers at a private club off the coast of Georgia—is actually working against their own personal interests. Instead of protecting the people, Paul contends that the Fed now serves as a cartel where "the name of the game is bailout"—or otherwise known as privatized profits but socialized losses.
Paul also draws on what he argues are historical links between the creation of central banks and war, explaining how inflation and devaluations have been used as war financing tools in the past by many governments from monarchies to democracies.
Subscribe to this channel - youtube.com/c/ProperGander
Proper Gander on Facebook - facebook.com/aProperGander
Proper Gander on Minds.com - minds.com/Joelsee
End the Fed - en.wikipedia.org/wiki/End_the_Fed
The Federal Reserve - federalreserve.gov
Federal Reserve wiki - en.wikipedia.org/wiki/Federal_Reserve_System
Will Bernie Sanders end the Fed? - huffingtonpost.com/larry-harris-jr/will-bernie-sanders-end-the-fed_b_9241184.html
A Backdoor way to End the Fed - bloombergview.com/articles/2015-05-21/conservatives-push-backdoor-way-to-end-the-fed
End the Fed - Ron Paul - ronpaul.com/misc/books/end-the-fed
Exposing the Fraud - endthefed.org
Top 10 Reasons to End the Fed - freedomworks.org/content/top-10-reasons-end-federal-reserve
The Money Masters - themoneymasters.com
Ron Paul - ronpaul.com
Ralph Nader - nader.org
Dennis Kucinich - kucinich.com
Judge Napolitano - judgenap.com
Federal Reserve Online - federalreserveonline.org
Who Owns the Federal Reserve? - globalresearch.ca/who-owns-the-federal-reserve/10489
As always, use this info to gather more info.
Federal Reserve Explained and Exposed - The Fed is Out of Control (End the Fed)
"We have broken from reality, a psychotic nation. Ignorance, with a pretense of knowledge, replacing wisdom." - Ron Paul
Ron Paul, Ralph Nader, Dennis Kucinich, and more talk about the Federal Reserve, and the need to expose and escape the false left-right paradigm.
The Federal Reserve System—also known as the Federal Reserve or simply as the Fed—is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, supposedly in response to a series of financial panics, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Staged events such as the Great Depression in the 1930s were major factors leading to changes in the system.
The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and as of 2009 also include supervising and regulating banks, maintaining the stability of the financial system and providing financial services to depository institutions, the U.S. government, and foreign official institutions. The Fed claims to conduct research into the economy and releases numerous publications, such as the Beige Book.
In 'End the Fed', Ron Paul draws on American history, economics, and anecdotes from his own political life to argue that the Fed is both corrupt and unconstitutional. He states that the Federal Reserve System is inflating currency today at nearly a Weimar or Zimbabwe level, which Paul asserts is a practice that threatens to put the United States into an inflationary depression where the US dollar, which is the reserve currency of the world, would suffer severe devaluation.
A major theme throughout the work also revolves around the idea of inflation as a hidden tax making warfare much easier to wage. Because people will reject the notion of increasing direct taxes, inflation is then used to help service the overwhelming debts incurred through warfare. In turn the purchasing power of the masses is diminished, yet most people are unaware. Under Ron Paul's theory, this diminution has the biggest impact on low income individuals since it is a regressive tax. Paul argues that the CPI presently does not include food and energy, yet these are the items on which the majority of poor peoples' income is spent.
He further maintains that most people are not aware that the Fed—created (he asserts) by the Morgans and Rockefellers at a private club off the coast of Georgia—is actually working against their own personal interests. Instead of protecting the people, Paul contends that the Fed now serves as a cartel where "the name of the game is bailout"—or otherwise known as privatized profits but socialized losses.
Paul also draws on what he argues are historical links between the creation of central banks and war, explaining how inflation and devaluations have been used as war financing tools in the past by many governments from monarchies to democracies.
Subscribe to this channel - youtube.com/c/ProperGander
Proper Gander on Facebook - facebook.com/aProperGander
Proper Gander on Minds.com - minds.com/Joelsee
End the Fed - en.wikipedia.org/wiki/End_the_Fed
The Federal Reserve - federalreserve.gov
Federal Reserve wiki - en.wikipedia.org/wiki/Federal_Reserve_System
Will Bernie Sanders end the Fed? - huffingtonpost.com/larry-harris-jr/will-bernie-sanders-end-the-fed_b_9241184.html
A Backdoor way to End the Fed - bloombergview.com/articles/2015-05-21/conservatives-push-backdoor-way-to-end-the-fed
End the Fed - Ron Paul - ronpaul.com/misc/books/end-the-fed
Exposing the Fraud - endthefed.org
Top 10 Reasons to End the Fed - freedomworks.org/content/top-10-reasons-end-federal-reserve
The Money Masters - themoneymasters.com
Ron Paul - ronpaul.com
Ralph Nader - nader.org
Dennis Kucinich - kucinich.com
Judge Napolitano - judgenap.com
Federal Reserve Online - federalreserveonline.org
Who Owns the Federal Reserve? - globalresearch.ca/who-owns-the-federal-reserve/10489
As always, use this info to gather more info.
