@LeseMajeste, another great doc about this exact topic is from the late Aaron Russo called, "America, Freedom to Fascism" where it discusses how the federal income tax goes directly to the private for profit corporation called the federal reserve. Secret of Oz doc discusses how we can print up our own money debt free and interest free and so can every country on this earth without central banks. Spread the word after you've watched them right here on youtube.
@jimmyrtle, the $20 FRN's are NOT even redeemable for gold and silver or I guess you don't remember the gold and silver certificates and the pre-1964 90% silver dollars, the Morgan Dollars, etc. You're being robbed blind and you don't even know it or are you a troll and a shill desperately protect the Rockefellers, Rothschilds and the other dumb Illuminati Bloodlines who are raping you of your hard earned wealth along with your friends and family too. Enough said!
@jimmyrtle there is nothing federal about the federal reserve bud. You need to do some research. The federal reserve is a private company. When the FED prints money out of thin air they are decreasing the purchasing power of that $20 bill in your pocket. You are paying an "inflation tax" without even knowing it. We all must wake up.
@davidicus6 The Federal Reserve was created by an Act of Congress. The head is appointed by the President and confirmed by the Senate. They turn over their net earnings to the US Treasury each year. Sounds Federal to me.
"When the FED prints money out of thin air they are decreasing the purchasing power of that $20 bill in your pocket."
@jimmyrtle u think 1913 was the first time they tried to set up a federal bank dummy, it was tried many times and opposed, lincoln was one to oppose it..only reason it was passed on 1913 was becuz they paid the campaign for woodrow wilson for exchange to have him sign it, and cuz it was passed during dec. 23 when everybody was home and only a selected few were present..wilson went on to regret this decision, do research
@stjdavis, we don't need everybody to see it. All we need is 5% which is what won the 1st American Revolution in the 1st place. We have about 10% or more. How about helping us spread the word about this doc along with The American Dream Cartoon, The Money Masters, the Secret of Oz, Solutions For a Broken Economy etc?! Thanks for your help! Make a difference and spread the word!
Folks, if you want to be a part of the solutions, instead of just complaining, check out endthefeddotus and join your local End the Fed protests. Today is the anniversary of JFK's assassination and there are protests going on nation wide. BE A PART OF THE SOLUTION, attend the End the Fed Protests!!
The Federal Reserve System and similar systems abroad were created not as a result of conspiracy, but as a result of wealth produced by the industrial revolution. The capitalists were wealthy, but they could not get much money because the supply of new gold and silver coins was much smaller than the new wealth of the capitalists. The fiat (paper) money was the solution of the problem. The solution has a flaw: an irresponsible FED can print too much money and thereby create hyperinflation.
Griffin advocates the abolition of the Federal Reserve System (FED), but he fails to explain what will replace it. Gold coins? Private banks? My favorite solution is reform of the FED - it should be prohibited to make new money.
Related topic: I believe that all cash should be banned and replaced with electronic money transactions. This reform will eliminated tax evasion, money laundering, and most other crime. It will also eliminate tax forms - computers will calculate all taxes.
@jimmyrtle If the FED does not make the new money, inflation will stop, and may even give way to deflation, if the human population of the USA continues to grow. The best policy is to keep money supply at a level that makes inflation equal zero. This means that sometimes the FED should distribute small amount of money or withdraw small amount of money. The money is withdrawn by means of taxation and later destroyed.
@jimmyrtle; Yes. FED should be allowed to make/supply small amount new money when inflation becomes negative (deflation). Money supply (by the FED) and inflation are related. In my opinion, the FED should keep the money supply at such a level that eliminates inflation and deflation.
@jimmyrtle You can earn new money, but making money by private individuals does not make sense - it would lead to anarchy and hyperinflation. The money level to make zero inflation is not fixed. When the economy grows, more money is needed to keep zero inflation. When the economy doubles, double amount of money is needed.
That's a great idea about the amount of money needed, now how do you know, as head of the Fed, exactly how much money you'll need at add, before the GDP stats are released?
And what do you do with those pesky people who make loans and increase the money supply, without your input?
Wow..the american public is becoming sad. You will believe anything a person with a microphone says. Look up this guys facts and you'll realize his argument is as transparent as one who believes aliens are here on earth.
@6187mike, if you don't believe him, look up Eustace Mullins who passed away also fighting the federal reserve and wall street, look up Bob Chapman and he has been fighting wall street for 50 yrs now and at 75 yrs old is STILL FIGHTING, you can listen to his youtube channel, Alex Jones has been fighting for 15 plus years and the late Aaron Russo also exposed the private for profit federal reserve. Max Keiser also exposes them and I guess banks, wall street and Goldman Sachs doesn't exist?!
@jimmyrtle, unfortunately, we are not going to find out the answer to that. Why?! It's because the federal reserve has NEVER been audited since its inception in 1913. The only one who has been trying to audit the federal reserve is Ron Paul and he has been trying since the 1980's. The reason why RP is the only one?! The rest of congress has been BRIBED and paid off. For proof on this, please see the documentary of "Fiat Empire" and "The Secret of Oz" which explains more on this. Thanks!
@jimmyrtle, sorry but you're mistaken. Yes, they did have audits but if you call auditing how many chairs are there etc, etc. etc are real audit, then I have a bridge in Brooklyn, NY to sell you. Do you work for Goldman Sachs or for JP Morgan Chase or any of the other top 6 mega banks?! I don't think so. The sad reality is you don't understand how the federal reserve works. If you think that this is silly, please go someplace else and do something else unless you're a troll. Enough said.
@jimmyrtle, try these books. 1. Billions For the Bankers, Debts For the People by Sheldon Emry 2. Economic Solutions by Peter Kershaw 3. Crisis by Design by John Truman Wolfe 4. When Money Dies by Adam Fergusson. If you need more than these, please let me know. These 4 will keep you busy for a very long time.
@jimmyrtle, please read the books for yourself and make your own decision afterwards like I did. I just don't have the time to explain all of the info. You need to research it for yourself. These 4 books are more than enough to do just that. I will end the conversation from this point on. If you decide to read the books, please let me know and I would be more than happy to discuss them since I have a copy of all 4 books and have read them. Thanks!
@jimmyrtle, sorry but you're mistaken. Yes, they did have audits but if you call auditing how many chairs are there etc, etc. etc are real audit, then I have a bridge in Brooklyn, NY to sell you. Do you work for Goldman Sachs or for JP Morgan Chase or any of the other top 6 mega banks?! I don't think so. The sad reality is you don't understand how the federal reserve works. If you think that this is silly, please go someplace else and do something else unless you're a troll. Enough said.
This needs to be taught in schools! Parents teach your children! They print the money, but they never print the interest! We are never supposed to pay them back in FRNs they want out lives.
Kerning point vetted ... set that in abeyance (aside), as first and foremost:, AGAIN, the most GLARING laser light focus for the informed and/or discerning is upon the piece-meal add-effect wrought of compiled donor "typography"aka typo-setting aka font selection: NO 1940's, 1950's or early 1960's or for that matter ANY non-customized typewriter or heat block sets would avail eg. the name Kapiolani Maternity, with "unique a's" characters formation; first A a non-match to others; get it ?
Im currently a Math major, about to change it to Economics beacuse i really enjoy it, well so far at least. Ive been reading this book and i am wondering if anyone can help me out. Is this all real? Because the things i read now will mold who and what i am in the future and what i believe and i dont want to have a false foundation. Sorry for the bad spelling, im in a hurry. THanks
Its not real. These arguments haven't been proven. That's why conspiracy theorists regarding the income tax and federal reserve never win in court. If you talk to a professional in history who specialized in the Progressive Era/Wilson Presidency, a PhD in Economics, etc...you will see how deceptive this documentary is. I would suggest you ask one of your economics teachers if they believe in federal reserve conspiracy theories and maybe they will debunk some nonsense for you.
I google searched 'Vernice Kuglin david vs goliath' and 'David vs Goliath and nothing applicable to income taxes came up. Please provide me a court case number or PM me a link to the court case.
An example of a court case:
United States v. Hooper, 1995 U.S. App. LEXIS 38246; 76 A.F.T.R.2d (RIA) 8026, 1995 WL 792039 at *1 (9th Cir. 1995).
(Rules the belief the IRS Code is not law is FRIVOLOUS). When judges use 'frivolous' its basically the worst thing they can say.
@wishmolly "when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." —
It's true, central banks can create money out of thin air.
Other banks must have deposits in order to create money by loaning out a portion of those deposits.
@wishmolly "In the end, out of 100 dollar, a 1000 dollar will be create"
It's true, the money multiplier means that "high-powered money" (you should look that up, you might learn something) leads to money creation after a cycle of deposits and loans.
At the end of the cycle, banks have $1000 in deposits, $900 in loans and $100 in reserves.
You may notice that the $900 in loans is less than the $1000 in deposits.
@wishmolly "So this would mean that the bank collects intrest over 1000 dollar, whilst in reality it only has 100 dollar"
Wrong. That's another error he makes in the book. After the money goes thru many cycles of deposits and loans, the bank has total deposits of $1000 (that it has to pay interest on) while only loaning out $900 that it collects interest on.
cool video. this guy is not boring. he has personality. he's not shy about breaking the ice w a few jokes. i guess i'd be nervous too if i was shedding light on something this important. this vid is almost 3 years old. i hope he's still spreading the word.
@jimmyrtle Don't even argue about this topic, I'm a business student, have taken courses both in economics and banking. Ever studied reserve requirement ratios? No? Then please don't argue until you study about them. A bank in the Unites States can actually lend out 9 times its actual deposit, there are countries where banks can lend out 30 times the amount. Just to educate you a bit, the extra money they lend out is registered as a liability over the bank itself too.
Not only can banks do that. But they can also make up investment vehicles like derivatives sell them to the masses and then wash their hands clean leaving it up to the government - aka the very tax payers to whom they sold the derivatives -- to solve the financial fallout as result of their predatory products.
In conclusion , THE FED is a gaff ... nothing but a bank cartel .
It don't matter which one. The reason is always greed, thus rendering the entire system inherently flawed.
So much for free markets, free enterprise, less regulation, global economy, blah blah blah... the economic meltdown has exposed the structural weakness of a capitalist society/system.
So much for bashing Marxism and socialism. As its turns out capitalism is, in my view, more damaging because it goes unchecked.
@jimmyrtle Guess who the bank is liable to :) It's the central bank or the federal reserve if you go further down the street. The federal reserve is not liable to anyone, they admit it themselves, even the congress mentions it. They make money without any proper back up in terms of gold or any such commodities to justify creation of more money. They issue IOU's to make up for the missing gold or more precisely assets that never existed.
James 5 .... 1 Come now, you rich, weep and howl for your miseries that are coming upon you! 2 Your riches are corrupted, and your garments are moth-eaten. 3 Your gold and silver are corroded, and their corrosion will be a witness against you and will eat your flesh like fire. You have heaped up treasure in the last days. 4 Indeed the wages of the laborers who mowed your fields, which you kept back by fraud, cry out; and the cries of the reapers have reached the ears of the Lord of Sabaoth.
This is one heck of a series!! Watch all 12 parts. You won't be disappointed!! It sheds light on all the lies we've been fed for years!! End "The Federal Reserve"!!!
@gotama420 Yes they are the biggest liars of the liars--Hypocrites to the core--with all their dumbed down little sheeple being led to the slaughter house. Wake up little sheeple-WAKE UP and learn to THINK for yourselves! UNPLUG PEOPLE!!!---UNPLUG!
@evette808 Rothschild is the #1 zionist, in charge of the movement of sionism, he's bought up alot of ISraeli land and built evil bldgs. there--temple like to an occult god of their belief--its creepy. Check out ISraels evil roots the supreme court. Yet Rothschild claims jewish roots--he has a German name so? And he's the #1 banker family too. The Papacy is the one behind the spiritual side of things...even creepier.
Im from the netherlands as well and im also completly aware about these "conspiracy's". Aldo the word conspiracy is not theorist is an incorrect one, its not theory, its not a mistery nor a secret, its just not in the mainstream media but you will find the truth, as ugly as it is, if you go out and look for it.
Anyway, as I said, im from the netherlands as well and I also am "aware". But I also find it very difficult to find like minded people, most are happy not to know it seems
Do not take anyone on TV as anything but a tool to keep the people confused and disoriented and fooled.Controlled Opposition at best.
Tv is THE weapon of Mass Deception.
Oprah and people like her are the Judas Goats of this age. It serves her well this system...after all she gave away a billion dollars to the eugenics club( Warren Buffet, Mr Microsoft and Mr Turner et al )
Elite...no..your not alone..but I do know what you mean....Most people are to afraid to think about it...Your must be strong..and intelligent...Your a leader...god bless you..
i'm collecting info on various topics and thought people might like to see the vids on my profile about chem trails a.k.a. geo-engineering where you can find the links to the patents for these aerosols which are supposedly being used to cool the planet since the mid 1990s. There are also other asortments of youtube vids on miscellaneous topics
This video is a fantastic compliment to his book. The book was truly life-changing. FYI for more info on the mechanics of the monetary system, search "Why we are in so much debt" you YouTube.
"The wealth of these United States and the working capital have been taken away from them and has either been locked in the vaults of certain banks and the great corporations or exported to foreign countries for the benefit of the foreign customers of these banks and corporations. So far as the people of the United States are concerned, the cupboard is bare.
Now if we can just get this information to all the people MAYBE we could regain the "Republic for which it stands" I always heard the country was ran by the rich and elite, and now i truly believe it.
@gixxxr07 people in this country hyave been programmed by the elite resistance is futile. just get into your t.v. and enjoy the fantasy like the rest of us neal just eat the cookie and soon you want remember this. you are safe get back in your matrix
I like the way this guy speaks. Not down at people, but rather with them. Even when he talks about skeptics, he speaks with respect and politely. Very humorous too which makes his talks great and easy to take in.
I am aure many of you have heard a lot about the Federal Reserve after the huge financial crisis. I am sure I am not alone in my shock when I found out that it is not part of the federal government and is run by a banking cartel. The series of videos that starts with this one tells us how it came about. I finally understand why I work twice as hard for half as much.
@joewinpisinger, I just explained to my best friend what fractional reserve banking is and discussed derivatives which is hard to do. Money as Debt I and II explains it much better than I can. The best way to destroy the "vampire" of the Federal Reserve is to buy either gold or "junk silver" which is the pre-1965 90% silver that our money used to be backed up by. I highly recommend listening to Bob Chapman and Gerald Celente who help you understand what is going on. Check them out asap!
I grew up on the island right across from Jekyll Island. Jekyll Island is owned by the state of Ga (although it wouldnt surprise me if it is a 100+ yr lease) - all the homes are outdated and getting very old.You but a house on Jekyll, but you only own the house ( ?? WTF??)-- so you got to the bank (the kind that was concieved on Jekyll,ironically) and get aloan on a depreciating "asset" .....WTF?
Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
@soundzero I Agree !! and I think , I could be wrong , your comment reminds about that passage in the New Testament book of the Bible called Revelation where Babylon the Great is Fallen....where the merchants of the world fear being caught in her smoke and fire of her torment. I could be wrong; what do you think ?
@albc1964 Book of Revelation Chapter 13 talks about this beast coming out of land. Looks like a lamb but as two horns. All empires prior to USA rose from the sea multitudes of people. Lamb is that of like Jesus Christ in which USA was in the beginning, a God Fearing Nation, Freedom loving Christian Nation founded based on very teachings of Bible. So it could be said, the beast lamb represents USA. Two horns of the beast represents two political party system. The lamb eventually turns.
@soundzero The USA was never a God fearing nation. This country has been founded by devil worshippers from the beginning. How does a God fearing nation steal land from Native Americans, kill them and enslave blacks for 400 years. Thats not God fearing.
@albc1964 The lamb turns to speak like a dragon. That is because USA is now turning into something the founding fathers feared the most. Big Government, Statism, Totalitarian, Corporatism controlled beast system.
At the end, USA will lead the persecution of true Christians. That is why judgement of God will be upon this nation. This empire will too crumble.
@Jayn2662 I agree !! I have read we also had a chance when the law establishing the Federal Reserve was passed in the US Congress under sneaky circumstances in 1913 that is the people responsible abused the pallementary rules of debate passed the law when most US lawmakers was on Christmas vacation. Had there been a couple US lawmakers to object ; who knows how US history MIGHT have turned out
it would seem that banks are creating money out of thin air whats really going on is that government is allowing banks to enable the exchange of products and services between members of the community, and for a fee since a bank is indeed a business and part of the economy itself with employees and bills to pay. When you take out a loan you are making yourself liable to the economy, not a bank!
@conzo1979 This comment you have here sounds like another I read in a book about my ancestors who were made to walk-walk walk off their land-around 400 of them died on that walk--"The trail of tears" They were given treaties then they took those away--treaties to land and rights that were theirs to begin with.... FIRST COME LAST SERVED!!! Andrew Jackson was a very cruel man!!
Mr. Mullins made the accusation on a radio show. If anyone should know, he should know it because authored the book (The Secrets of the Federal Reserve). Have you compare the two books yet?
I had an idea this was going on and I wasnt even sure what the fed IS but I know now. It still almost made my heart jump and I had to stave back tears but...The fed truly is a Mafia.
@debora7800, the WORST part is that the Federal Reserve mafia just went back to Jekyll Island, Georgia and celebrated their 100th anniversary of their conquest of us "little slaves and serfs". It's SICKENING!!
It seems you don't have a very good understanding of whats going on here. Where did the Chinese get the money we borrowed from them? "From us" to a great extent. When we were tapping the equity in our homes and running up charges on our credit cards to buy all the things we imported from China. When those debts were incurred thats where the process started. Watch these video's again or better yet read the book and then it should become clear.
correct me if im wrong here, but are you actually trying to stick up for the federal reserve, and the fact that 25 percent of what everyone makes is taken illegally and unconstitutionaly? i may be missing something, but correct me if i am. i sure hope you dont see the authority as the truth instead of the truth as the authority
If this stuff is true then why do we need to borrow money from China and other countries abroad and pay them interest. If it was true why would the Fed let us pay interest to other countries, banks and lenders. Since they are such control freaks wouldn't they want to earn every cent of interest for themselves. Why isn't the Fed lending us all the money we need and printing enough so that we don't borrow from the Chinese? If this were true the Fed could provide us with 100% of the funds we need.
You seem very limited with your understanding of economic. If the fed lends us money, it has to print paper money into circulation, ---> high or hyper-inflation. But if we borrow from china, the fed doesn't have to print. But did you know? out of 12 trillions we owe, we owe the fed 3.5 trillion and china about 2.0 trillion. All of this is on treasury website.
The law creating the Fed was passed on Decebmer 23, 1913, near midnight, after many legislators had already left for the holidays.
Within a year, an income tax was imposed and WWI was started.
Just an amazing set of coincidences, right?
LeseMajeste 1 month ago 2
@LeseMajeste, another great doc about this exact topic is from the late Aaron Russo called, "America, Freedom to Fascism" where it discusses how the federal income tax goes directly to the private for profit corporation called the federal reserve. Secret of Oz doc discusses how we can print up our own money debt free and interest free and so can every country on this earth without central banks. Spread the word after you've watched them right here on youtube.
delyparker777 1 month ago
@delyparker777 Silly claim. Income tax is much, much more than interest paid to Fed.
Which is owned by the government, not private.
I have a $20 in my wallet I'm not paying interest on. Who do you pay interest to for your FRNs?
jimmyrtle 1 month ago
@jimmyrtle, I'm not going to comment since you don't believe anything anyway. Have a nice day!
delyparker777 1 month ago
@delyparker777 I believe you're ignorant of the way the Fed and banking really works.
Merry Christmas!
jimmyrtle 1 month ago
@jimmyrtle, the $20 FRN's are NOT even redeemable for gold and silver or I guess you don't remember the gold and silver certificates and the pre-1964 90% silver dollars, the Morgan Dollars, etc. You're being robbed blind and you don't even know it or are you a troll and a shill desperately protect the Rockefellers, Rothschilds and the other dumb Illuminati Bloodlines who are raping you of your hard earned wealth along with your friends and family too. Enough said!
delyparker777 1 month ago
@delyparker777 I can still buy gold and silver with my FRNs.
As well as anything else I'd like to buy. So what?
You never said, who do you pay interest to for your FRNs?
What rate? Where do you send your check?
The Illuminati are curious.
jimmyrtle 1 month ago
@jimmyrtle there is nothing federal about the federal reserve bud. You need to do some research. The federal reserve is a private company. When the FED prints money out of thin air they are decreasing the purchasing power of that $20 bill in your pocket. You are paying an "inflation tax" without even knowing it. We all must wake up.
davidicus6 3 weeks ago
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@davidicus6 The Federal Reserve was created by an Act of Congress. The head is appointed by the President and confirmed by the Senate. They turn over their net earnings to the US Treasury each year. Sounds Federal to me.
"When the FED prints money out of thin air they are decreasing the purchasing power of that $20 bill in your pocket."
Everything else being equal, yes.
jimmyrtle 3 weeks ago
@LeseMajeste The lawmakers who left paired their yes votes with no votes leaving.
It would have easily passed even if all Senators were present.
Yes, a set of coincidences.
jimmyrtle 1 month ago
only 2 presidents have opposed the Fed and they both got their brain splattered (Lincoln n JFK)
fhab525 1 month ago
@fhab525 There was no Fed when Lincoln was President.
How did your brain get splattered?
jimmyrtle 1 month ago
@jimmyrtle u think 1913 was the first time they tried to set up a federal bank dummy, it was tried many times and opposed, lincoln was one to oppose it..only reason it was passed on 1913 was becuz they paid the campaign for woodrow wilson for exchange to have him sign it, and cuz it was passed during dec. 23 when everybody was home and only a selected few were present..wilson went on to regret this decision, do research
fhab525 1 month ago
@fhab525 There was no attempt to create a new one while Lincoln was President.
So why would the non-existent Fed kill Lincoln?
What do you suppose the vote was when the Fed was created?
You have the vote totals?
jimmyrtle 1 month ago
We should fight the Federal Reserve by voting for Ron Paul and other people who want to fight it.
IsmailaGodHasHeard1 1 month ago
When you see the count on this reach 500 million then you will know your country has a chance!
stjdavis 1 month ago
@stjdavis, we don't need everybody to see it. All we need is 5% which is what won the 1st American Revolution in the 1st place. We have about 10% or more. How about helping us spread the word about this doc along with The American Dream Cartoon, The Money Masters, the Secret of Oz, Solutions For a Broken Economy etc?! Thanks for your help! Make a difference and spread the word!
delyparker777 1 month ago
Big Thumbs Up!
LT445sw 2 months ago
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Folks, if you want to be a part of the solutions, instead of just complaining, check out endthefeddotus and join your local End the Fed protests. Today is the anniversary of JFK's assassination and there are protests going on nation wide. BE A PART OF THE SOLUTION, attend the End the Fed Protests!!
delyparker777 2 months ago
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wvumarj 3 months ago
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wvumarj 3 months ago
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ringtonze 4 months ago
The Federal Reserve System and similar systems abroad were created not as a result of conspiracy, but as a result of wealth produced by the industrial revolution. The capitalists were wealthy, but they could not get much money because the supply of new gold and silver coins was much smaller than the new wealth of the capitalists. The fiat (paper) money was the solution of the problem. The solution has a flaw: an irresponsible FED can print too much money and thereby create hyperinflation.
polka23dot 4 months ago in playlist G Edward Griffin - Federal Reserve Explained
Griffin advocates the abolition of the Federal Reserve System (FED), but he fails to explain what will replace it. Gold coins? Private banks? My favorite solution is reform of the FED - it should be prohibited to make new money.
Related topic: I believe that all cash should be banned and replaced with electronic money transactions. This reform will eliminated tax evasion, money laundering, and most other crime. It will also eliminate tax forms - computers will calculate all taxes.
polka23dot 4 months ago
@polka23dot The Fed should be prohibited from making new money?
How about you?
Should you be prohibitied from making new money?
jimmyrtle 4 months ago
@jimmyrtle If the FED does not make the new money, inflation will stop, and may even give way to deflation, if the human population of the USA continues to grow. The best policy is to keep money supply at a level that makes inflation equal zero. This means that sometimes the FED should distribute small amount of money or withdraw small amount of money. The money is withdrawn by means of taxation and later destroyed.
polka23dot 3 months ago in playlist G Edward Griffin - Federal Reserve Explained
@polka23dot
What about when you make new money? Should that be allowed?
What is the perfect money level to make inflation zero?
By the way, the Fed doesn't have the power to tax.
jimmyrtle 3 months ago
@jimmyrtle; Yes. FED should be allowed to make/supply small amount new money when inflation becomes negative (deflation). Money supply (by the FED) and inflation are related. In my opinion, the FED should keep the money supply at such a level that eliminates inflation and deflation.
polka23dot 3 months ago in playlist G Edward Griffin - Federal Reserve Explained
@polka23dot You avoided all my questions.
What about when you (that's you, not the Fed) make new money? Should that be allowed?
What is the perfect money level to make inflation zero?
jimmyrtle 3 months ago
@jimmyrtle You can earn new money, but making money by private individuals does not make sense - it would lead to anarchy and hyperinflation. The money level to make zero inflation is not fixed. When the economy grows, more money is needed to keep zero inflation. When the economy doubles, double amount of money is needed.
polka23dot 3 months ago
@polka23dot
Do you have a home mortgage? You made new money!
Do you have an auto loan? You made new money!
That's a great idea about the amount of money needed, now how do you know, as head of the Fed, exactly how much money you'll need at add, before the GDP stats are released?
And what do you do with those pesky people who make loans and increase the money supply, without your input?
jimmyrtle 3 months ago
Wow..the american public is becoming sad. You will believe anything a person with a microphone says. Look up this guys facts and you'll realize his argument is as transparent as one who believes aliens are here on earth.
6187mike 4 months ago
@6187mike, if you don't believe him, look up Eustace Mullins who passed away also fighting the federal reserve and wall street, look up Bob Chapman and he has been fighting wall street for 50 yrs now and at 75 yrs old is STILL FIGHTING, you can listen to his youtube channel, Alex Jones has been fighting for 15 plus years and the late Aaron Russo also exposed the private for profit federal reserve. Max Keiser also exposes them and I guess banks, wall street and Goldman Sachs doesn't exist?!
delyparker777 4 months ago
@delyparker777
Private for profit?
How much did they pay their "shareholders" last year?
How much did they pay the Treasury?
jimmyrtle 4 months ago
@jimmyrtle, unfortunately, we are not going to find out the answer to that. Why?! It's because the federal reserve has NEVER been audited since its inception in 1913. The only one who has been trying to audit the federal reserve is Ron Paul and he has been trying since the 1980's. The reason why RP is the only one?! The rest of congress has been BRIBED and paid off. For proof on this, please see the documentary of "Fiat Empire" and "The Secret of Oz" which explains more on this. Thanks!
delyparker777 4 months ago
@delyparker777 They're audited every year.
They release their balance sheet every week.
They even had a press release which told how much the "shareholders" received
and how much the Treasury received. The truth is out there.
You won't find any truth in those silly documentaries.
jimmyrtle 4 months ago
@jimmyrtle, sorry but you're mistaken. Yes, they did have audits but if you call auditing how many chairs are there etc, etc. etc are real audit, then I have a bridge in Brooklyn, NY to sell you. Do you work for Goldman Sachs or for JP Morgan Chase or any of the other top 6 mega banks?! I don't think so. The sad reality is you don't understand how the federal reserve works. If you think that this is silly, please go someplace else and do something else unless you're a troll. Enough said.
delyparker777 4 months ago
@delyparker777 They have real audits. Every year. Really.
Please, educate me on how the Fed works. Use a real source.
Not a joke like Griffin
jimmyrtle 4 months ago
@jimmyrtle, try these books. 1. Billions For the Bankers, Debts For the People by Sheldon Emry 2. Economic Solutions by Peter Kershaw 3. Crisis by Design by John Truman Wolfe 4. When Money Dies by Adam Fergusson. If you need more than these, please let me know. These 4 will keep you busy for a very long time.
delyparker777 3 months ago
@delyparker777 Are those better than Griffin's joke of a book?
Does this mean you won't educate me here?
Still no clue how much the "shareholders" received in dividends last year?
How much they gave the Treasury?
jimmyrtle 3 months ago
@jimmyrtle, please read the books for yourself and make your own decision afterwards like I did. I just don't have the time to explain all of the info. You need to research it for yourself. These 4 books are more than enough to do just that. I will end the conversation from this point on. If you decide to read the books, please let me know and I would be more than happy to discuss them since I have a copy of all 4 books and have read them. Thanks!
delyparker777 3 months ago
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@delyparker777 If the books are full of errors, like Griffin's, I wouldn't waste my time.
I've already educated myself, that's why I can laugh at Griffin and his fans.
Still no clue how much the "shareholders" received in dividends last year?
How much they gave the Treasury?
jimmyrtle 3 months ago
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@jimmyrtle, sorry but you're mistaken. Yes, they did have audits but if you call auditing how many chairs are there etc, etc. etc are real audit, then I have a bridge in Brooklyn, NY to sell you. Do you work for Goldman Sachs or for JP Morgan Chase or any of the other top 6 mega banks?! I don't think so. The sad reality is you don't understand how the federal reserve works. If you think that this is silly, please go someplace else and do something else unless you're a troll. Enough said.
delyparker777 4 months ago
He is Speaking the Truth.. Do your Strawman Fix the Books Clean the Treasury Books.. and FIRE CONGRESS
Hoodamanow 4 months ago in playlist CREATURE FROM JEKYL ISLAND
The rich don't know RICH, they do long for those days.
RayOne1Won 4 months ago
This needs to be taught in schools! Parents teach your children! They print the money, but they never print the interest! We are never supposed to pay them back in FRNs they want out lives.
voice1617 4 months ago 9
@voice1617 "They print the money, but they never print the interest!"
So what?
" We are never supposed to pay them back in FRNs they want out lives"
I can guarantee, they prefer repayment to your life.
jimmyrtle 2 weeks ago
We should change the name of our country to "United Slaves of America".
Zecamala1234 4 months ago 17
@Zecamala1234 Thats right and we will also have a United Slave Uprising
afro20man 3 months ago 5
End the Fed, end Keynesian economics, and vote RON PAUL 2012!
1Rennae2 5 months ago 3
Comment on vid please this is not a chat room.
alan6761 6 months ago
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Kerning point vetted ... set that in abeyance (aside), as first and foremost:, AGAIN, the most GLARING laser light focus for the informed and/or discerning is upon the piece-meal add-effect wrought of compiled donor "typography"aka typo-setting aka font selection: NO 1940's, 1950's or early 1960's or for that matter ANY non-customized typewriter or heat block sets would avail eg. the name Kapiolani Maternity, with "unique a's" characters formation; first A a non-match to others; get it ?
LogicCheck 6 months ago
Im currently a Math major, about to change it to Economics beacuse i really enjoy it, well so far at least. Ive been reading this book and i am wondering if anyone can help me out. Is this all real? Because the things i read now will mold who and what i am in the future and what i believe and i dont want to have a false foundation. Sorry for the bad spelling, im in a hurry. THanks
Linky360 6 months ago
@Linky360 The book is a collection of silly errors.
If you want some real books, read Friedman.
jimmyrtle 6 months ago
@Linky360
Its not real. These arguments haven't been proven. That's why conspiracy theorists regarding the income tax and federal reserve never win in court. If you talk to a professional in history who specialized in the Progressive Era/Wilson Presidency, a PhD in Economics, etc...you will see how deceptive this documentary is. I would suggest you ask one of your economics teachers if they believe in federal reserve conspiracy theories and maybe they will debunk some nonsense for you.
SadegoGG 6 months ago
@SadegoGG Sorry to blow the bubble, Vernice Kuglin actually won an exactly similar case against the IRS. Search David v Goliath to be more precise.
Broadcaster17 5 months ago
@Broadcaster17
I google searched 'Vernice Kuglin david vs goliath' and 'David vs Goliath and nothing applicable to income taxes came up. Please provide me a court case number or PM me a link to the court case.
An example of a court case:
United States v. Hooper, 1995 U.S. App. LEXIS 38246; 76 A.F.T.R.2d (RIA) 8026, 1995 WL 792039 at *1 (9th Cir. 1995).
(Rules the belief the IRS Code is not law is FRIVOLOUS). When judges use 'frivolous' its basically the worst thing they can say.
SadegoGG 5 months ago
If there was no money we would all be rich.
TdashBlaze 6 months ago
does this idea about money help, or injure the people of this USA
Colin Davies Solihull england B91 2JR and Las Vegas NV 89052
Colindavies247 7 months ago
how can anyone not like this video? , federal reserve employees maybe?
fredsnake13 7 months ago
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@wishmolly
"Here you'll see what i mean with fractional reserve banking. This table SHOWS you what happens to the money"
That's great! Your own link shows that deposits are greater than loans.
jimmyrtle 7 months ago
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@wishmolly "Do note that checkbook money isn't real money"
Checkbook money is real money. I use it to buy real things all the time.
"just numbers, it's not physical money"
It is numbers, it's not physical but it's real nonetheless.
The money supply isn't limited to physical currency and hasn't been since modern banking was created.
jimmyrtle 7 months ago
@wishmolly "Commercial banks create checkbook money whenever they grant a loan"
It's true, when a bank loans out $900 of $1000 in deposits, they create checkbook money.
jimmyrtle 7 months ago
@wishmolly "100 dollar is actually IN the bank.900 dollar is loaned out"
$100 is what's left in the bank, after $1000 in deposits and $900 in loans.
jimmyrtle 7 months ago
@wishmolly "The bank hath benefit of interest on all moneys which it creates out of nothing." ~
Central banks, absolutely. Commercial banks absolutely not.
jimmyrtle 7 months ago
@wishmolly "The FED prints money, buys gov. bonds with them"
The Fed directs the BOP to print money. The Fed does not buy bonds with FRNs. Neither does anyone else.
"The FED prints money, buys gov. bonds with them. the GOVERNMENT makes the first DEPOSIT in the BANK"
The government does not make deposits in commercial banks.
"Money as Debt. Watch that movie, try to UNDERSTAND it."
That explains your confusion, it's full of errors.
jimmyrtle 7 months ago
@jimmyrtle BEP, not BOP.
jimmyrtle 7 months ago
@wishmolly "So where does the money come from that the banks have? Oh yes, the FED"
The Fed doesn't make deposits in commercial banks. The banks get money from depositors. People.
jimmyrtle 7 months ago
@wishmolly "You say: they need 1000 dollar in deposits to lend out 900 dollar"
Do the math. $1000 in deposits minus 10% reserve, $100, leaves $900 for loans.
"the other 90% doesn't have to be there"
That's funny. I can run thru my deposit and loan cycles with actual paper money to show I'm right.
Can you do the same under your "thin air scenario"?
jimmyrtle 7 months ago
@wishmolly "The clowns? Andrew Jackson? Thomas Jefferson?"
Yes, they knew less about banking than you. Hamilton is the Founder who knew banking.
jimmyrtle 7 months ago
@wishmolly "Yes it's created out of deposits BUT that's thin air itself. Why?"
Because you're confused. The money I deposit in the bank is money, not thin air.
jimmyrtle 7 months ago
@wishmolly "Thus, your Founding Fathers, your Presidents, your Fed Directors, your Bank owners, your Politicians, all were right, and you were wrong"
The clowns you quoted were wrong.
jimmyrtle 7 months ago
@wishmolly "100 dollar was made out of thin air by the Fed. It's not backed up by a single thing"
You got one correct!
"900 dollar is created by the banks, through fractional reserve banking"
Two in a row!
"1000 dollar is thus created out of thin air"
Bzzzt. Wrong! The $900 is created out of previous deposits, not thin air.
jimmyrtle 7 months ago
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@wishmolly "Out of those 1000 dollar, 100 dollar is reserve, 900 dollar is lend out
So what you're saying is wrong because you say:
1000 dollar is in the banks, 900 dollar lend out, that is wrong"
No, I said "they have $100 in reserves, there's $900 in circulation, not $1000"
jimmyrtle 7 months ago
@wishmolly "So after 2 transactions:100 dollar is created out of thin air"
If you're still talking about commercial banks (instead of central banks) money is never created out of thin air, only out of deposits.
jimmyrtle 7 months ago
@wishmolly "Banks will have 1000 dollar in circulation, 900 in loans and 100 in reserves. If you had said that, you'd be right"
If they have $100 in reserves, there's $900 in circulation, not $1000.
jimmyrtle 7 months ago
@wishmolly "when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." —
It's true, central banks can create money out of thin air.
Other banks must have deposits in order to create money by loaning out a portion of those deposits.
jimmyrtle 7 months ago
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@wishmolly "Do you think it's fair that people earn INTREST over money they DO NOT HAVE?"
I think it's fair that banks pay interest on their deposits and charge interest on their loans.
"You know, that's called FRAUD and Counterfitting"
Loaning out $900 of a $1000 deposit is not fraud or counterfeiting.
jimmyrtle 7 months ago
@wishmolly "In the end, out of 100 dollar, a 1000 dollar will be create"
It's true, the money multiplier means that "high-powered money" (you should look that up, you might learn something) leads to money creation after a cycle of deposits and loans.
At the end of the cycle, banks have $1000 in deposits, $900 in loans and $100 in reserves.
You may notice that the $900 in loans is less than the $1000 in deposits.
jimmyrtle 7 months ago
@wishmolly
Yes, Jefferson and Jackson were wrong about banking.
jimmyrtle 7 months ago
@wishmolly "since all those people say: Money is created out of nowhere, it's worth nothing"
If that's what they say, then you're right, I do know more than them.
jimmyrtle 7 months ago
@wishmolly "So: The banker has 100 dollars. Loans out 900 dollars"
Wrong. Loans cannot exceed deposits.
jimmyrtle 7 months ago
@wishmolly
Lindbergh was a clown.
jimmyrtle 7 months ago
@wishmolly "So this would mean that the bank collects intrest over 1000 dollar, whilst in reality it only has 100 dollar"
Wrong. That's another error he makes in the book. After the money goes thru many cycles of deposits and loans, the bank has total deposits of $1000 (that it has to pay interest on) while only loaning out $900 that it collects interest on.
jimmyrtle 7 months ago
@wishmolly Actually, to make a $900 loan, they need $1000 in deposits.
If they only have $100 they can only loan $90.
Kind of a big error for the author to make, don't you think?
jimmyrtle 7 months ago
cool video. this guy is not boring. he has personality. he's not shy about breaking the ice w a few jokes. i guess i'd be nervous too if i was shedding light on something this important. this vid is almost 3 years old. i hope he's still spreading the word.
dogfight156 7 months ago
Started reading this book. Amazing how many things the author gets wrong.
Surprised so many people think this is a good book.
jimmyrtle 8 months ago
@jimmyrtle , like what??
aaronready1 7 months ago
@aaronready1 He thinks a bank with a $100 deposit can make a $900 loan.
jimmyrtle 7 months ago
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thesisism 7 months ago
@thesisism Thanks for trying to excuse his error. Of course if that's what he meant, he could have said that.
His book had plenty of other errors. When I get some time, I'll list more errors with page numbers.
jimmyrtle 7 months ago
@jimmyrtle Don't even argue about this topic, I'm a business student, have taken courses both in economics and banking. Ever studied reserve requirement ratios? No? Then please don't argue until you study about them. A bank in the Unites States can actually lend out 9 times its actual deposit, there are countries where banks can lend out 30 times the amount. Just to educate you a bit, the extra money they lend out is registered as a liability over the bank itself too.
Broadcaster17 5 months ago
@Broadcaster17
"Ever studied reserve requirement ratios?"
Yes.
"A bank in the Unites States can actually lend out 9 times its actual deposit,"
Show me.
A new bank gets a single $100 deposit. Explain what they hold as a reserve and what they can loan.
Please show all your work.
jimmyrtle 5 months ago
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rodrigito1978 4 months ago
Not only can banks do that. But they can also make up investment vehicles like derivatives sell them to the masses and then wash their hands clean leaving it up to the government - aka the very tax payers to whom they sold the derivatives -- to solve the financial fallout as result of their predatory products.
In conclusion , THE FED is a gaff ... nothing but a bank cartel .
rodrigito1978 4 months ago
@rodrigito1978 No, banks cannot lend out 9 times their deposits.
Which derivatives are a problem? Why?
jimmyrtle 4 months ago
It don't matter which one. The reason is always greed, thus rendering the entire system inherently flawed.
So much for free markets, free enterprise, less regulation, global economy, blah blah blah... the economic meltdown has exposed the structural weakness of a capitalist society/system.
So much for bashing Marxism and socialism. As its turns out capitalism is, in my view, more damaging because it goes unchecked.
rodrigito1978 4 months ago
@rodrigito1978 Let me know where they have eliminated greed.
Yeah, Marxism caused less damage. If you ignore the 10s of millions of lives it cost. LOL!
jimmyrtle 4 months ago
@jimmyrtle watch?v=XLqo5GKMapk
rodrigito1978 4 months ago
Here is more dude
rollingstone. com/politics/news/matt-taibbi-courts-helping-banks-screw-over-homeowners-20101110
rodrigito1978 4 months ago
@jimmyrtle Oh yeah here is another one
rollingstone. com/politics/news/the-great-american-bubble-machine-20100405
Want more?
rodrigito1978 4 months ago
@rodrigito1978
Another what?
More what?
jimmyrtle 4 months ago
@jimmyrtle Guess who the bank is liable to :) It's the central bank or the federal reserve if you go further down the street. The federal reserve is not liable to anyone, they admit it themselves, even the congress mentions it. They make money without any proper back up in terms of gold or any such commodities to justify creation of more money. They issue IOU's to make up for the missing gold or more precisely assets that never existed.
Broadcaster17 5 months ago
@Broadcaster17 Liable for what exactly?
"They make money without any proper back up in terms of gold or any such commodities to justify creation of more money"
Every dollar the Fed issues is backed by the hundreds of billions in gold and the trillions in bonds they hold.
jimmyrtle 5 months ago
James 5 .... 1 Come now, you rich, weep and howl for your miseries that are coming upon you! 2 Your riches are corrupted, and your garments are moth-eaten. 3 Your gold and silver are corroded, and their corrosion will be a witness against you and will eat your flesh like fire. You have heaped up treasure in the last days. 4 Indeed the wages of the laborers who mowed your fields, which you kept back by fraud, cry out; and the cries of the reapers have reached the ears of the Lord of Sabaoth.
msrowan23 9 months ago 2
Edward for 2012 U.S. Treasury!!
jokm1117 10 months ago
Awesome video series! Watch all 12 parts. You won't be sorry!!
drkmagneto 10 months ago 6
This is one heck of a series!! Watch all 12 parts. You won't be disappointed!! It sheds light on all the lies we've been fed for years!! End "The Federal Reserve"!!!
drkmagneto 10 months ago
@gotama420 Not illegal, just highly unethical and self serving to the elite
zimbobway54 11 months ago
@gotama420 Yes they are the biggest liars of the liars--Hypocrites to the core--with all their dumbed down little sheeple being led to the slaughter house. Wake up little sheeple-WAKE UP and learn to THINK for yourselves! UNPLUG PEOPLE!!!---UNPLUG!
BigNeonGlitterGirl 11 months ago
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G. Edward Griffin is a REAL American hero.
00RoninSamurai00 1 year ago
Are the federal reserve members "Jewish"? If so this would explain the secret bond that holds Israel and the U.S. together
evette808 1 year ago
@evette808 Remember not all the jewish ppl are crook, Jesus my ribbi is a jew.
shalom.
Kaasko 1 year ago
@evette808 ITs out of the EU mostly German nazi groups of old. Its not the US or Israel.
Angie4OneGod 1 year ago
@evette808 Rothschild is the #1 zionist, in charge of the movement of sionism, he's bought up alot of ISraeli land and built evil bldgs. there--temple like to an occult god of their belief--its creepy. Check out ISraels evil roots the supreme court. Yet Rothschild claims jewish roots--he has a German name so? And he's the #1 banker family too. The Papacy is the one behind the spiritual side of things...even creepier.
Angie4OneGod 1 year ago
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Great and now the Federal Reserve just announced that they are putting in 600 billion into the economy. Inflation here we come!!!!
G1SpaceDoll 1 year ago
Great and now the Federal Reserve just announced that they are putting in 600 billion into the economy. Inflation here we come!!!!
G1SpaceDoll 1 year ago 3
I wish he'd get into what he's going to say quicker!! Pretty boring for the first 7 minutes!
NutinBtr2Do 1 year ago
A real eye opener! Mr. Griffin, Judge Anthony Napolitano agrees with you 100%
btr2oz 1 year ago 2
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A real eye opener!
btr2oz 1 year ago
Im from the netherlands as well and im also completly aware about these "conspiracy's". Aldo the word conspiracy is not theorist is an incorrect one, its not theory, its not a mistery nor a secret, its just not in the mainstream media but you will find the truth, as ugly as it is, if you go out and look for it.
Anyway, as I said, im from the netherlands as well and I also am "aware". But I also find it very difficult to find like minded people, most are happy not to know it seems
amsterdamned333 1 year ago
Will Oprah ever have Mr. Griffin as a guest or do shows on the illegal Federal Reserve in order to liberate American people from slavery ?
9claudius 1 year ago
@9claudius
Do not take anyone on TV as anything but a tool to keep the people confused and disoriented and fooled.Controlled Opposition at best.
Tv is THE weapon of Mass Deception.
Oprah and people like her are the Judas Goats of this age. It serves her well this system...after all she gave away a billion dollars to the eugenics club( Warren Buffet, Mr Microsoft and Mr Turner et al )
Oprah is the one in the wood pile....
unsheepled 1 year ago
A scholar and a gentleman
dave777blaster 1 year ago 2
Take all your money out of any bank and stash it away for the apocalypse!! :D
Vatoaztecas 1 year ago
The most incredible truth on the planet today, is the extent to which the masses have been brainwashed, by the few!
RandyBful1 1 year ago
Elite...no..your not alone..but I do know what you mean....Most people are to afraid to think about it...Your must be strong..and intelligent...Your a leader...god bless you..
888American 1 year ago
i'm collecting info on various topics and thought people might like to see the vids on my profile about chem trails a.k.a. geo-engineering where you can find the links to the patents for these aerosols which are supposedly being used to cool the planet since the mid 1990s. There are also other asortments of youtube vids on miscellaneous topics
honestTom333 1 year ago
I guess the two that didn't like it were Congressman
RClark886988 1 year ago
This video is a fantastic compliment to his book. The book was truly life-changing. FYI for more info on the mechanics of the monetary system, search "Why we are in so much debt" you YouTube.
69vmac 1 year ago
"The wealth of these United States and the working capital have been taken away from them and has either been locked in the vaults of certain banks and the great corporations or exported to foreign countries for the benefit of the foreign customers of these banks and corporations. So far as the people of the United States are concerned, the cupboard is bare.
.
badattitude77769 1 year ago 3
The cottage part seems to be a very good parallel with what he's discussing about things not being what they seem.
I wonder if he caught that.
TheNorthwestReport 1 year ago
@iorost school is for domestication hidden behind the words education. in short it will never be taught
REAL88E 1 year ago
Now if we can just get this information to all the people MAYBE we could regain the "Republic for which it stands" I always heard the country was ran by the rich and elite, and now i truly believe it.
gixxxr07 1 year ago
@gixxxr07 people in this country hyave been programmed by the elite resistance is futile. just get into your t.v. and enjoy the fantasy like the rest of us neal just eat the cookie and soon you want remember this. you are safe get back in your matrix
REAL88E 1 year ago
Please people, please tell everyone you know to watch this vid. This stuff is so important.
anarchylogic 1 year ago 3
truth..we knew this all along.
ImrieFB 1 year ago
I like the way this guy speaks. Not down at people, but rather with them. Even when he talks about skeptics, he speaks with respect and politely. Very humorous too which makes his talks great and easy to take in.
offthehook2 1 year ago 2
I am aure many of you have heard a lot about the Federal Reserve after the huge financial crisis. I am sure I am not alone in my shock when I found out that it is not part of the federal government and is run by a banking cartel. The series of videos that starts with this one tells us how it came about. I finally understand why I work twice as hard for half as much.
joewinpisinger 1 year ago
@joewinpisinger, I just explained to my best friend what fractional reserve banking is and discussed derivatives which is hard to do. Money as Debt I and II explains it much better than I can. The best way to destroy the "vampire" of the Federal Reserve is to buy either gold or "junk silver" which is the pre-1965 90% silver that our money used to be backed up by. I highly recommend listening to Bob Chapman and Gerald Celente who help you understand what is going on. Check them out asap!
delyparker777 1 year ago
Seven Reasons why the Federal Reserve needs to be Abolished:
1: It is incapable of accomplishing its Stated Objectives.
2: It is a Cartel operating against the Public Interest.
3: It is the supreme instrument of Usury.
4: It generates our most Unfair Tax.
5: It encourages War.
6: It destabilizes the Economy.
7: It is an instrument of Totalitarianism.
bradwjensen 1 year ago 44
I grew up on the island right across from Jekyll Island. Jekyll Island is owned by the state of Ga (although it wouldnt surprise me if it is a 100+ yr lease) - all the homes are outdated and getting very old.You but a house on Jekyll, but you only own the house ( ?? WTF??)-- so you got to the bank (the kind that was concieved on Jekyll,ironically) and get aloan on a depreciating "asset" .....WTF?
hazor777 1 year ago
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Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Jayn2662 1 year ago
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Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Jayn2662 1 year ago
This has been flagged as spam show
Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Jayn2662 1 year ago
Really in reality it is to late we should have continue to hault this regieme of bankers and rothschilds during the time of the great ANDREW JACKSON, and we had a second blessing to end it by the honorable JOHN F.KENNEDY. A this point in our WORLD HISTORY it is really to late. The Power of the Illuminati and the rothschilds are to great they have connecton they have a world bank, the iMF and the United Nations. It would take an act of GOD to topple this Riech.
Jayn2662 1 year ago
@Jayn2662 In deed. JFK had a change of heart and wanted to take back the nation. Act of God there will be!
soundzero 1 year ago
@soundzero I Agree !! and I think , I could be wrong , your comment reminds about that passage in the New Testament book of the Bible called Revelation where Babylon the Great is Fallen....where the merchants of the world fear being caught in her smoke and fire of her torment. I could be wrong; what do you think ?
albc1964 1 year ago
@albc1964 Book of Revelation Chapter 13 talks about this beast coming out of land. Looks like a lamb but as two horns. All empires prior to USA rose from the sea multitudes of people. Lamb is that of like Jesus Christ in which USA was in the beginning, a God Fearing Nation, Freedom loving Christian Nation founded based on very teachings of Bible. So it could be said, the beast lamb represents USA. Two horns of the beast represents two political party system. The lamb eventually turns.
soundzero 1 year ago
@soundzero The USA was never a God fearing nation. This country has been founded by devil worshippers from the beginning. How does a God fearing nation steal land from Native Americans, kill them and enslave blacks for 400 years. Thats not God fearing.
hebrewjamal 1 year ago
@hebrewjamal damn, you are right. its been an evil nation since the beginning. it just got a helluva lot worse though.
xYouthAttackx 1 year ago
@hebrewjamal
as a native american, i thank you for saying that.
inbetweentics 1 year ago
@albc1964 The lamb turns to speak like a dragon. That is because USA is now turning into something the founding fathers feared the most. Big Government, Statism, Totalitarian, Corporatism controlled beast system.
At the end, USA will lead the persecution of true Christians. That is why judgement of God will be upon this nation. This empire will too crumble.
soundzero 1 year ago
@Jayn2662 I agree !! I have read we also had a chance when the law establishing the Federal Reserve was passed in the US Congress under sneaky circumstances in 1913 that is the people responsible abused the pallementary rules of debate passed the law when most US lawmakers was on Christmas vacation. Had there been a couple US lawmakers to object ; who knows how US history MIGHT have turned out
albc1964 1 year ago
it would seem that banks are creating money out of thin air whats really going on is that government is allowing banks to enable the exchange of products and services between members of the community, and for a fee since a bank is indeed a business and part of the economy itself with employees and bills to pay. When you take out a loan you are making yourself liable to the economy, not a bank!
whatsoname 1 year ago
@whatsoname
That would be true except for the fact that they control the economy by controlling how much money is in it.
TJMonster51 1 year ago
boo
whatsoname 1 year ago
In 1913 the american dream was stolen away while the good people slept,
And on Jeckyl Island the Bankers rejoiced,
As the stirred ghost of old Thomas Jefferson wept.
Woodrow he buckled to financial muscle,
And sold out a nation with the stroke of a pen,
The dark arts of oligarchs and old English patriarchs,
From far and wide they brought liberty's end.
conzo1979 1 year ago 50
@conzo1979 This comment you have here sounds like another I read in a book about my ancestors who were made to walk-walk walk off their land-around 400 of them died on that walk--"The trail of tears" They were given treaties then they took those away--treaties to land and rights that were theirs to begin with.... FIRST COME LAST SERVED!!! Andrew Jackson was a very cruel man!!
BigNeonGlitterGirl 1 year ago
ABOLISHED!
Allpovvertoslaves 1 year ago
Mr. Mullins made the accusation on a radio show. If anyone should know, he should know it because authored the book (The Secrets of the Federal Reserve). Have you compare the two books yet?
No3Patriot 1 year ago
Comment removed
Luminacles 2 years ago
brilliant
ValenciaMunich 2 years ago 2
I had an idea this was going on and I wasnt even sure what the fed IS but I know now. It still almost made my heart jump and I had to stave back tears but...The fed truly is a Mafia.
debora7800 2 years ago 21
@debora7800, the WORST part is that the Federal Reserve mafia just went back to Jekyll Island, Georgia and celebrated their 100th anniversary of their conquest of us "little slaves and serfs". It's SICKENING!!
delyparker777 1 year ago
good, hope it will start in USA and other countries will follow to do the same with their version of Fed
Gazet666 2 years ago
It seems you don't have a very good understanding of whats going on here. Where did the Chinese get the money we borrowed from them? "From us" to a great extent. When we were tapping the equity in our homes and running up charges on our credit cards to buy all the things we imported from China. When those debts were incurred thats where the process started. Watch these video's again or better yet read the book and then it should become clear.
chefricardo11 2 years ago 3
correct me if im wrong here, but are you actually trying to stick up for the federal reserve, and the fact that 25 percent of what everyone makes is taken illegally and unconstitutionaly? i may be missing something, but correct me if i am. i sure hope you dont see the authority as the truth instead of the truth as the authority
rightgeist99 2 years ago 2
If this stuff is true then why do we need to borrow money from China and other countries abroad and pay them interest. If it was true why would the Fed let us pay interest to other countries, banks and lenders. Since they are such control freaks wouldn't they want to earn every cent of interest for themselves. Why isn't the Fed lending us all the money we need and printing enough so that we don't borrow from the Chinese? If this were true the Fed could provide us with 100% of the funds we need.
stevespelling 2 years ago
You seem very limited with your understanding of economic. If the fed lends us money, it has to print paper money into circulation, ---> high or hyper-inflation. But if we borrow from china, the fed doesn't have to print. But did you know? out of 12 trillions we owe, we owe the fed 3.5 trillion and china about 2.0 trillion. All of this is on treasury website.
Luckyhai 2 years ago