How does america get its money for its federal reserve
How does america get its money for its federal reserve
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They don't. They print it at whim.
Then how is any of the reserves money worth anything. Actually if that's the case how do you guys pay for public services like law enforcement
>get its money for its federal reserve
By issuing debt.
The US dollar’s value is entirely based on the amount of anti white hatred in the world.
It steals it from canadia
It is autistic. We basically have the fed print the money and give it to the gubment to distribute as gibs.
.
>we cause inflation to run our government services
Oh dear. No wonder your federal governments so unstable
It's judaistic.
same way canada does. a jew types a bunch of numbers in a computer that says they have x$'s then if needed they print it, usually at the mint in Winnipeg, the most jewed city in Canada.
Fractional Reserve Banking
They literally teach it day one on uni economic classes lmfao
Fiat currency
out of thin air
The federal reserve is a private bank and is no more federal than federal Express. The guvment issues treasury bonds (that we pay interest on) in exchange for the printing of a fiat currency that is backed by nothing. It's a sham in other words. Two presidents tried printing their own money, Lincoln and Kennedy. Both were assassinated and we quickly went back to the Fed. Coincidence?
Why they just print more, goy!
lol
The Fed is where the magic happens. Once upon a time governments had to tax people to get stuff done. So it was all out in the open. But since 1971 (end of Bretton-Woods) they have a money machine and can do whatever the fuck they want.
Unfortunately that means we all suffer. See these charts:
wtfhappenedin1971.com
>Lincoln
>Federal Reserve
two different eras
Anyone see the new Zetgeist movie, "Interreflections"? Is it any good?
Says the fucking LEAF?!
Have you bought local produce recently you starving commie user?!
It's all worth watching.
Canadian children
You mad bro?
The money changers don't change
You got it all wrong. America borrows money from the federal reserve. The federal reserve makes money.
We print it. Our dollar is the reserve currency of the worlds so we can print more money than most countries can. If this falls apart (and it will) then say hello to hyperinflation. What keeps in stable is military might and petrol.
America buys its money from the federal reserve and has to pay interest on it.
If it was from the US Treasury it would be interest free but that wouldn't make jews happy. Thats why all the rabbis collectively clapped when the 1913 Federal Reserve Act was approved.
>Then how is any of the reserves money worth anything.
It's a good question despite the hurr durr responses you're getting.
The answer I think is just inertia. A dollar used to mean X amount of gold. And then it just... didn't. And yet everybody kept trading dollars because wtf else can you do.
Some say it's all doomed to collapse someday. I dunno.
Translation: They take some value out of every dollar you own (bank accounts, investments, physical currency, etc) and give it to themselves by devaluing the currency.
It's important to note that the Federal Reserve is not actually part of the US' Federal Government.. It's entirely fuckey, and appears to effectively be based off the GDP of the country.
See Congratulations, you justed figured out the entire world economy runs on Monopoly money, backed by nothing, that only has value so long as we all pretend it does.
Well at least the world isnt ending because of this
All money comes from the same place: thin air.
It's a human creation - just like numbers. And, just like numbers, it can never run out.
I'm serious.
The only thing that gives money value is faith in its value. This is based on information about the productive capacity of the economy, its overall size and available resources. Of course, we must also have faith the information is correct....
Jews will start a war with any country that doesn't accept the US dollar.
Give it time, someday the retarded masses will catch on and fuck everything up in a frenzied panic like they always do.
I am aware that money is a fictional creation used to measure the "value" of a good or service what I'm trying to understand is where that money comes from when it enters the reserve. What value is being created to enable the reserve to be useable
They make it up.
The Federal Reserve sells bonds on the open market