58. What Traders Need to Know About The Structure of The Fed

[stevenstreets3]

Try valuing two types of anything in free market competition and the costs come down, the monopoly money is intended solely to benefit the monopoly. It exists only so the monopoly can heap up illicit gains not possible in free fair open markets. Fiat specie is a fraud desperately poor people have no choice but to submit to stay alive. But it never was intended for their benefit anyway. Unlike Earths metals that anyone can pull out of the freezing stream if they want to work hard. Bankers dont

[stevenstreets3]

Freedom does not exist unless a man has clear title to the Gold and Silver in his pocket. Fiat Specie is the currency of military dictators, kings, emperors, and theocracy. The United States each have their own central bank with an elected State governor and the National Standard of Legal tenders is the two precious Metals Gold and Silver. Never in history has anything ever worked better for money. Fiat specie is monopoly money. Monopoly anything YOU PAY TOO MUCH! Therefore TWO legal Tenders

[jumpoutatree]

@stevenstreets3 Do you know what the era of 'freebanking' refers to? Go look it up.  It's exactly what you are talking about, and the result was chaos, panics, and cyclical depressions, which is why the majority of Americans lived in poverty until after WW1. The Federal Reserve is not perfect, but has performed remarkably well in maintaining a stable banking system that is the envy of governments around the world. You are completely brainwashed. Do you believe in Reptilian Illuminati, too?

[stevenstreets3]

@jumpoutatree US Constitution Article One section 8 and 10 mandates a two precious metal legal tender system to keep the fractional reserve banking industry from corrupting the Federal government and then keeping the Nation in perpetual debt. Two Two 2 precious metal legal tenders to prevent any monopoly. The State Elected Governors oversee each state economy, NOT the unelected board of governors of the monopoly money. It is a monopoly! Each State must have its own "FED". A mighty FREE UNION

[freedomfighterone]

Well, the criminal Fed is not maintaining the stability of the financial system. Their economic policies have destroyed the American economy. They are criminals and they need to be brought to justice.

[jumpoutatree]

@freedomfighterone Why won't you idiots just go away already? This guy made a good informative video about how the Fed works, and right away the kooks come crawling out of the woodwork. Sure, let's hang Ben Bernanke and then we can proclaim Ron Paul the Fuhrer and Alex Jones can be our new Minister of Infomation. What do you people do, just cruise YouTube looking for videos about the Fed so you can spew your nonsense?

[freedomfighterone]

@jumpoutatree No, you are the psychopathic idiot! You criticize those who speak the truth against the criminal plutocracy that is destroying America? You are a traitor to your own country! And do you think the Rothschilds, Warburgs, Oppenheimers, Mendelsons, etc. give a damn about you? Those Zionist Jews are raping your butt in taxes just like everyone else. Blind fool! You are the one who is talking nonsense.

[jumpoutatree]

@freedomfighterone I criticize people who repeat dusty old conspiracy theories as if no one's heard this tripe before. No one is 'raping my butt' in taxes, certainly not any of the people you mention. Gee, paranoid homophobic much? Stop getting your history from Alex Jones, you twat.

[YvonJrDenis]

We know, the bankers of the federal reserve own the US monetary system and they are located in Washington DC. OK! If Americans don't own "their" money system, and Washington DC (District of Columbia) "not to confuse with the state of Washington" is a country within the USA ! My question is... Who own WDC? I only know, Americans pay it's expenses. There's 3 of these country within a country. WDC, City of London and the Vatican

[jumpoutatree]

@YvonJrDenis Nobody "owns" D.C. What does that even mean? Who "owns" Nebraska? The reason DC never became a state is that it's a tiny little city, and there's never been a really compelling reason to proclaim statehood. It's just fine how it is. Virginia might want it, Maryland might want it, but who's to say that DC residents want to become part of either of those two states? Your logic is really bizarre. DC is not a "country within a country".

[jumpoutatree]

@YvonJrDenis Furthermore, you need to stop repeating this ancient myth that the Federal Reserve in any way "owns" the economy. Do we all not realize that each year the Fed rebates the government the interest it is owed? For the retards out there, that means that the US government does not owe the Fed interest year upon year. The Fed does not "own the monetary system". You're speaking gibberish.

[stevenstreets3]

When I said great harlot I was refering to the corrupting of our republic by the fed as it was in Rome and used in the book of revelation as a metaphor, a political class for sale and helpless to right the wrongs because of the feds illegal monopoly on the money.How to fix it all with the least pain is the question. Put a splint on a broken bone in an emergency, then a cast till it heals.Jail the fed,use the gold and silver,and suppliment it with hemp certificates of a US monopoly on hemp.voila!

[captainkek]

the fed reserve bank illigal and unconstitutional.

[KelferMookie]

... You can't even spell "illegal"

[aquapurity]

You can't even finish your sentences with proper punctuation. Additionally you've exhibited an improper use of the ellipsis. I guess your opinion should be discounted as well.

[KelferMookie]

How about you stfu who asked for your opinion. Anyone can use exrra words to sound smart on the internet. Get a life. Am I that important to you? Do reply back. Have a great day.

[lti12]

your stupid, Captainkek is right about the Fed. They are a bunch of thief's

[jrsommers]

His spelling error doesn't change the accuracy of his statement.

[jumpoutatree]

@captainkek You couldn,t be more wrong. It is perfectly legal (it came into existence by an act of law duly passed by Congress), and in no way does it violate the Constitution.  You are in not qualified to make these judgments. The country would be better off if you just watched a music video or something.

[investmentspecialist]

you are my master Dave. In this economic war, you have taught me a lot on how to improve my skills so I can survive and win in the trading battles!

[stevenstreets3]

US Constitution Article One section 8 and 10..The Congress shall have the power To coin money,regulate the value thereof, and of foreign coin, and fix the standard of weights and measures.(10)No State shall coin money,emit bills of credit, make ANYTHING BUT gold and silver COIN a tender in the payment of debts. This LAW mandates a bicameral precious metal legal tender to safeguard taxation by representations effectiveness. Did you mention Dallas where JFK was murdered?SEMPER FI you great harlot!

[jumpoutatree]

@stevenstreets3 what is a bicameral precious metal, you retard? Please put the Constitution down... you are not qualified to read it. The Constitution is not a law. You are reading sections of the Constitution out of context, and you are not even understanding what you are reading. This is why they don't just let any undereducated person off the streets become a judge. I have never heard of a bicameral metal. Were you joking?

[stevenstreets3]

@jumpoutatree No where in the Constitution is the phrase Bi cameral legislature right?Yet every schoolkid is taught that. A Two house legislature. I borrow the term to prove Article One section 8 and 10 mandates a TWO TWO 2 legal tender system under the sole authority of ELECTED State governors. Not the Unelected several Federal Reserve governors that preserve the illicit monopoly. Those TWO metals are there in LAW to keep Government under the control OF THE PEOPLE and banking corruption OUT !

[jumpoutatree]

@stevenstreets3 I repeat, you do not understand what you are reading. Do yourself a favor: go to your local university (or even community college, for that matter), find the nearest Government/Law Professor, and ask him to explain Article 1 Sections 8-10 to you. Don't simply repeat these paranoid conspiracy theories that generate from people who do not understand Constitutional law or the history of banking in America. Trust me, you'll sleep better at night.

[stevenstreets3]

@jumpoutatree Every argument on behalf of the Fed can be multiplied 50 times for the 50 state economy's. All economy is local or we have no economy at all.

I'll take the issues of FREE STATE banking over nationalized monopoly banking any day. The State banks are bound to fiscal reality in their risk taking by the stability of the TWO precious metal legal tender requirement. It was to cast off that restraint that the Fed was created of the banks, by the banks and for the banks. IT COSTs TOO MUCH

[fxclub]

Thanks David,

as clear, concise and useful as ever,

keep it up.

all the best

Dennis

[InformedTrades]

Thanks Dennis. Am enjoying your videos as well. Best Regards, Dave

[Hallaran]

Excellent education, thanks for the information.

[InformedTrades]

your welcome, glad you liked it and thank you for the comment. Best Regards, Dave

[popeeka]

What type of trading do you practice?

[InformedTrades]

Hi Popeeka, Thank you for the comment. Primarily stocks and foreign exchange. Best Regards, Dave