C4L News: Financial Reform
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If we had ron paul in oiffice, we would not be going through this right now. Our country is being destoryed on purpose
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Peter Schiff for senate! . . SchiffForSenate . com
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@proxy4718 you are assuming that government enterprises will be desirable, profitable, and recoup value. The initial credit expansion is still based on debt and the returns are not guaranteed by anything but the production of the tax payer. It comes down to gambling with other people's money. Just because it' was authorized by the congress doesn't make it ok.
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One of my senators voted against the Vitter amendment and responded back to me that he agrees that the information needs to be secret or else there could be wide spread panic! This shows how bad things really are within the FED and the very reason why we should open up the books.
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Full employment is a fantacy! 75 years of Keynes and the world is now BANKRUPT from fiat currency FRAUD!
1 year ago 2
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@AnnInFL Exactly. And that's what the guy in the video should have said.
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You're right. It's the Treasury that actually prints the currency. But the vast majority of new "money" is created as debt. The Fed creates new money by buying, or "monetizing" debt (such as U.S. Treasury bonds). This has the same effect (inflationary) on the economy as printing money, which is to increase the money supply. Maybe the video should have made this more clear.
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The federal reserve doesn't print money. I'm no friend of the Fed, but we should get our facts straight before posting things on YouTube.
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@MagnusIan Whats alien technology and symbols got to do with auditing the fed? My point was that conspiracy theories are not always bullshit. Pays to keep an open mind.
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a vote against transparency should lead to a vote out of office PERIOD!!
rtojohnny 1 year ago 16
The Federal Reserve is a bunch of lying thieves.
gunguy54 1 year ago 9