1. Log in now to remove adverts - no adverts at all to registered members!

OT - the Federal Reserve

Discussion in 'Liverpool' started by BBFs Unpopular View, Oct 9, 2013.

  1. saintanton

    Joined:
    May 31, 2011
    Messages:
    39,776
    Likes Received:
    27,848
    Strangely, there appears to be more to life than football and frivolity.
    I see no reason why we can't discuss serious issues, some of which affect us all. No-one is forced to join in if it doesn't interest them.
     
    #21
  2. Jürgenmeiʃter

    Jürgenmeiʃter Top top top top top flirt

    Joined:
    Jun 13, 2011
    Messages:
    27,578
    Likes Received:
    2,251
    Im all for some OT, im only messing. I just wish some of the Science stuff I read on here didnt give me a headache!
     
    #22
  3. I wasn't complaining <laugh>
     
    #23
  4. saintanton

    Joined:
    May 31, 2011
    Messages:
    39,776
    Likes Received:
    27,848
    A lot of it does my head in as well, tbh. I just find it amazing that some people seem to understand it.

    Or so they say.
     
    #24
  5. Sucky

    Sucky peoples champ & forum saviour

    Joined:
    Sep 2, 2013
    Messages:
    103,508
    Likes Received:
    83,167
    you should watch the 1st video I posted on page 1, 20mins explains it to the layman.
     
    #25
  6. Ezio Auditore

    Ezio Auditore Member

    Joined:
    Mar 31, 2013
    Messages:
    479
    Likes Received:
    12
    [video=youtube;5ReHCCCdWgU]http://www.youtube.com/watch?v=5ReHCCCdWgU[/video]

    kind of irrelevant but still one of my favourite videos on youtube.
     
    #26
  7. further still, they enjoy it <yikes>
     
    #27
  8. Jürgenmeiʃter

    Jürgenmeiʃter Top top top top top flirt

    Joined:
    Jun 13, 2011
    Messages:
    27,578
    Likes Received:
    2,251
    Indeed.......

    Despite taking the piss it does interest me, not so much looking into boxes to see if the cat is dead but loads of other Science stuff
     
    #28
  9. StJohn_Red_Legend

    StJohn_Red_Legend Active Member

    Joined:
    Sep 16, 2011
    Messages:
    1,658
    Likes Received:
    12
    Pardon me, but just how are these loans 'secret'?

    The basis of secret is that no-one knows about them, especially not a bunch of footie-obsessed scousers.
     
    #29
  10. Most of which aren't actually scousers <laugh>
     
    #30

  11. BBFs Unpopular View

    BBFs Unpopular View Well-Known Member

    Joined:
    Mar 14, 2013
    Messages:
    22,301
    Likes Received:
    1,658
    This is actually factual information.

    When they introduced the fed reserve they also created personal income tax so that joe everyman can pay the interest.

    This is a fact.

    Not one cent of collected tax in the US goes into infrastructure or public services, it all goes to the fed to pay the loans, the government borrow everything they spend from the fed which means the tax payer gets into deeper debt every time the government borrows and given how much the US government must be borrowing then <yikes> <yikes>essentially the public are paying the fed repayments on extortionate loans the government has borrowed. Our own governments are doing the exact same thing now, with the IMF it has been rolled out world wide

    US debt is 5000 times higher than it was when the fed started up!! the currency has indeed been devalued over 90% since the 1900s since when, oh yeah, since the fed started printing money out of thin air.

    Folks, inflation is just a mechanism to absorb wealth into the banks.
     
    #31
  12. Red Hadron Collider

    Red Hadron Collider The Hammerhead

    Joined:
    Mar 2, 2011
    Messages:
    57,478
    Likes Received:
    9,839
    Not as much as you think <ok>
     
    #32
  13. Red Hadron Collider

    Red Hadron Collider The Hammerhead

    Joined:
    Mar 2, 2011
    Messages:
    57,478
    Likes Received:
    9,839
    Was that a little dig? <laugh>
     
    #33
  14. Thus Spake Zarathustra

    Thus Spake Zarathustra GC Thread Terminator

    Joined:
    May 23, 2011
    Messages:
    27,441
    Likes Received:
    14,439
    I thought YOU were the Mod? .... <doh>
     
    #34
  15. Sucky

    Sucky peoples champ & forum saviour

    Joined:
    Sep 2, 2013
    Messages:
    103,508
    Likes Received:
    83,167
    in other words born into slavery. nothing better than a slave who thinks he's free.
     
    #35
  16. BBFs Unpopular View

    BBFs Unpopular View Well-Known Member

    Joined:
    Mar 14, 2013
    Messages:
    22,301
    Likes Received:
    1,658
    Sometimes secrets do not remain secret forever, sometimes it takes someone just looking into it, like an economist. People open their traps too.

    It is certainly no secret the fed reserve has been printing money with no goods or services to back it up. It's one reason why the dollar is worth **** all
     
    #36
  17. Red Hadron Collider

    Red Hadron Collider The Hammerhead

    Joined:
    Mar 2, 2011
    Messages:
    57,478
    Likes Received:
    9,839
    You thought, although you weren't <ok>
     
    #37
  18. BBFs Unpopular View

    BBFs Unpopular View Well-Known Member

    Joined:
    Mar 14, 2013
    Messages:
    22,301
    Likes Received:
    1,658
    That's pretty much it mate, people are being born into financial slavery.

    When the fed make money, which is out of thin air, the debt is created with it.

    To clarify, if fed creates $20bn to lend to the government, that 20bn is a loan to the state and it creates 40bn interest. So creating $20bn is actually creating 60bn for the fed!!! The American tax payer and now most tax payers in Europe via the IMF are paying interest on IMF loans that the fed created out of thin air and is collecting massive interest on, but it is all imaginary, electronically done, there is no actual tangible goods or services to speak of.

    It is perpetual debt to a group of private banks and essentially shareholders of those banks that make up the federal reserve and they are raking in trillions globally by making money out of thin air. It's ****ing brilliantly evil
     
    #38
  19. BBFs Unpopular View

    BBFs Unpopular View Well-Known Member

    Joined:
    Mar 14, 2013
    Messages:
    22,301
    Likes Received:
    1,658
    Look folks, the US are exporting inflation.
    All imf loans are in US dollars and have to be paid in US dollars.

    It's as clear to anyone with even half an eye on all the information out there.


    Thing is and this links into my FEMA thread, the US population are becoming aware of everything the media are lying to them about. They are getting angry, we wont hear about it, but it is happening and the US government are preparing for serious unrest.

    I mean just have a gander at this, this lady is one of many who actually worked for the world bank. She's a whistle blower who has written to the UK parliament as well as working with a Scottish lady also a World bank whistle blower.

    Why do people give a ****, well, they do not want the future generations of their family to become slaves.

    [video=youtube;oJybfADko_g]https://www.youtube.com/watch?v=oJybfADko_g&feature=youtube_gdata_player[/video]

    Ireland just voted no to abolition of the Irish senate which would if the vote was yes given the IMF direct control over national policies.

    Europe will eventually have the ****ing dollar and if the UK thinks it is safe, who runs your central bank
     
    #39
  20. Foredeckdave

    Foredeckdave Music Thread Manager

    Joined:
    May 30, 2011
    Messages:
    19,804
    Likes Received:
    132
    Sis, some of the above is off-the-mark. Whilst it is treated as a National Reserve Bank in the same way as the BoE, it is in fact a private non-government organisation. Why that is so has more to do with the American schizophrenia about the individual and their relation to both State and Federal government. Hence your statement about US Fedral tax. The US government has no money of it's own and there is legislation to ensure that it cannot retain it's own reserves. Hence, even for 'normal' expenditure it has to borrow before it can collect the appropriate tax. Hence, the US government cannot set either interest or exchange rates.

    However, loans made by the Fed are not secret but then neither are all of the terms relating to the loans made public.

    I'm not even going to try and explain just how and why governments create money. Firstly its far too complex and hence boring for most of our readers, and secondly I don't know enough to ensure that I could create a reasonable explanation. Even though it is somewhat complicated I would refer those who are interested in the topic to look at Keyne's Money Escalator.
     
    #40

Share This Page