US taxpayers paid the Fed and its member banks almost half a trillion dollars in interest thus far in fiscal year 2020 to issue our own currency.
$405 Billion
Easton Wilson
Aiden Cooper
price of freedom
John Barnes
Jubilee incoming. Debts do not matter. Wwg4wga.
Ethan Carter
Jaxson Harris
What did the last Fed audit show?
Ayden Miller
is that a joke?
Jacob Brooks
listen to this two minute video as he calls out the "speculators"
youtube.com
At 0:57 Nixon says that depegging Federal Reserve Notes to gold is TEMPORARY
Robert Bell
looks like the ECB is about to bail out the european banks
David Diaz
Isaac Brooks
and ~$4.3 trillion of that is held by the Fed in treasuries
$7T of that is intragovernmental debt (doesn't count)
so now we ar down to ~$15T, if we cut off china's debt because they suck
we are down to ~$13T, which the Fed just counterfeited for its ilk over the last two months
i don't see the problem
John Carter
will Zig Forums finally realise what's going on in the US?
Colton Stewart
Ryder Davis
i was on a thread yesterday with a bunch of europeans and it is amazing how much more aware they are than americans when it comes to finacial structures
i would say they know more about US than US does
Aaron Cooper
Is it true that the national debt of the US is so high, that all the wealth of the country wouldm't be enough to pay it off? If it is, I don't know how can a country still operate. This shit is going to collapse at a point.
Xavier Foster
I follow US politics for the entertainment. But still have to admit, that if anything happens there, it will hurt my butt aswell. Also, we can learn from the mistakes.
Benjamin Garcia
Thd Fed is ruled by the shareholders who own the BIS
The Fed rules the ECB
The ECB uses its euro to peg currencies which are not yet in the EU
Shit rolls downhill, if the working class of US goes down, the rest of the world follows
pic related
US$ borrowed by foreign central banks from the Fed to keep the global central banking ponzi afloat
Kayden Bailey
Is the FED included in other depts that US ows? Exmpl. China?
Jace Wright
the Fed gets a fee for the bonds it sells
the Fed IS the big banks
the big banks (aka primary dealers) comprise each of the 12 regional fed branches, with NY having the most power
Juan Richardson
so the big banks buy our treasuries and this is how we fucking issue our own currency
i'm so embarrassed that, I'm going to say, 97% of the US population doesn't know this
Angel Johnson
and of that 97%, most are in the financial sector, who profits from the con.
Ever notice how EVERY financial movie (Inside Job, Too Big to Fail, Margin Call, etc.), they always have a scene in which the higher up banker tells the newcomer that "to work in finance, you need to put your conscience in a box and put it on the shelf"
Ryan Gutierrez
Why doesn’t BLM or the progressive left ever name the Federal Reserve? The Fed has been the ultimate tool of inequality and market rigging. Why does the left never utter a word about the scourge that is fractional reserve privately-incorporated central banking? Is the left/BLM owned by the money men to focus everyone on sex or skin color? Does the left ignore the obvious financial frauds because they are too stupid or lazy to elucidate the Fed's many mechanisms used for its con? The Fed is the root of the destruction of the working and middle classes via their corporate outsourcing, supply chain interference and predatory mergers and acquisitions. It sure is strange how I never see ONE protest sign about the Fed in ANY of the left’s media coverage.
pic related: never one word from the left about this, the scourge of the planet and the cause of inequality
Ian Williams
The truth is we don't pay enough. Support Israel. Vote for diversity.
Isaac Robinson
bloomberg.com
>While the bulk of the Fed’s roughly $1.3 billion in ETF purchases covered in the release went to high-grade funds, the central bank bought roughly $223 million worth of high-yield ETFs. BlackRock’s iShares iBoxx High Yield Corporate Bond ETF -- the biggest junk-bond ETF -- was the most heavily bought among them.
>The central bank has retained BlackRock to manage the program’s investments and outlined procedures to avoid conflicts of interest. Of the 15 ETFs it purchased in the period covered by the disclosures, eight were BlackRock products.
How does the Fed and its shareholders (the big banks) justify charging interest when they take no risk? If the Fed can give credit to its cronies by purchasing their junk corporate debt ETFs and worthless treasuries, they are taking no risk. They are, in fact, being rewarded for failure. Interest is only justified by risk in lending. The US really needs to issue its own currency, as these policies are treason-tier in regard to national stability and security. The days of the Fed are numbered, as Federal Reserve Notes have now been both fiat AND depegged to gold for decades. The Fed is the antithesis of free markets.
Josiah Gonzalez
It’s awesome that our populist president has been so strong in calling out this theft, and naming the owners of this fraud.
By the way, this should be the number one issue, but everyone is too retarded to get it.
Owen Brown
Adrian Gray
Powell holding BlackRock's ETF full of worthless corporate debt
Xavier Peterson
How does the Fed justify charging interest on money they create out of thin air? Because they can. Because their slaves are too stupid and weak to stop them.
Michael Adams
>It’s awesome that our populist president has been so strong in calling out this theft, and naming the owners of this fraud.
this is the first step
we all just stumble along, never even knowing we were being robbed
Parker Hill
Money and economy is make believe and that's the good thing, money could be used to find a way to make things run efficiently and fairly.
Asher Watson
Central banking is the scourge of the planet. Nothing will change until it is abolished. The BIS is the head of the snake and the Federal Reserve is the BIS' biggest cog.
pic definitely related:
the counterfeiting of the US Dollar, used to manipulate entire industries and nations, propping up failing financial sectors via a shell game (very similar to Madoff's con), serving a small, nepotistic, globalist cartel, creating false scarcity, acquiring all wealth and patent theft through mergers and acquisitions
Until sovereign nations issue their own currencies, we will continue to devolve.
Noah Diaz
kek
I am now writing something up to apply the 'stages of a con' to the Fed
pic related
money is just a tool, labor is the real gold