Stupidest thing I ever heard. What do you suppose the Fed is doing with the
interest they earn? Piling it in the corner? Haha! They spend it, which
puts it back into the economy (with no interest or obligation to repay
attached), and re-balances the whole equation.
Well, that's what they'd do if it actually worked the way the video says.
Which it doesn't. Most the interest the Fed earns is turned over directly
to the US Treasury (they give it back to us). Some is used for expenses (to
pay accountants and buy calculators). And the rest is distributed to the
shareholders. The shareholders are regional banks who are required to own
the shares (not a private party), in other words, the very same people who
borrowed the money in the first place (they give the interest back).
In all those cases, the interest remains in the economy. There is no
conspiracy, this whole video is bullshit.
The Fed used disinflation policies for sometime and have since introduced
inflation to create a recovery. Thats how how the process works. Money has
always been able to be printed arbitrarily, as banks create money, the
Government just supplies them. When we had a gold standard, banks created
money (as usual) but sometimes too much and it caused banking panics (look
at how many there were in the 19th century). The current system enables the
Fed to contract the money supply if necessary.
The more I research this, the more Ifind that substantiates the conspiracy
theorists beliefs. Throughout history going back as far as the 1300's there
have been MANY, MANY systems utilizing Fractional Reserve Banking adn the
placemnet of a Central Bank. To this day there are absolutley NONE that
have been successful. Even todays U.S. Federal Reserve is constantly
changing their approach, not because of the changing economic picture but
because many times it is their approach….cont…..
get your nose out of your textbook and take a good look at this world. look
at europe! greece, italy, france, spain, england, ireland… all these
countries are straining under massive debt. they are implementing austerity
all over europe. people have no jobs, and the situations is not improving.
the US is 16 trillion dollars in debt and skyrocketing. how are we ever
going to pay this ever growing debt? every man, woman, and child in america
has a $52,325.93 debt on their head.
The perpetual National Debt and $8.4 trillion the FRBNY received from the
Treasury auctions and hid from Congress is exposed at 3w scribd dot com
message 49040689 The Fed steals from people and gives to financiers.
@ptangboy Wow, The Fed prints the currency then loans it to the U.S.
treasury with interest. The Federal Reserve inertest rate on the U.S.
dollar: •Mar 18 08: A 3/4 point cut to 2.25%. •Apr 30 08: A 1/4 point cut
to 2%. •Oct 8 08: A 1/2 point cut to 1.5%. •Oct 29 08: A 1/2 point cut to
1%. Your right the fed should not charge interest for printing money since
it is nothing but paper, its a scam. But to deny that they do it is
ridiculous.
If we really do care about this, we should do something, but no I don't see
anyone exposing this, because no one is going to take conspiracy theorists
seriously, make yourself credible and research with books and what not….
It is not the job of the Fed or any other central bank to create jobs. The
Fed has the power to lead the horse to the water but can't force the horse
to drink it. ex During recessions, the Fed purchases bonds by lowering the
interest rate and raising bond prices. This forces bond owners to sell
their bonds for liquid assets which increases private bank loaning reserves
with low interests. The more banks have in reserve, the more they can loan
out to investors who have the can create jobs.
@alecboi84 Are you retarded? Who gives a shit about wallstreet all you
fucks give into that area too easily you're weak lil scum, reject the
system and don't advocate it! and for stereotyping me like lmao that's
hilarious…. not really dude, I don't watch TV I have better things to do.
and you're bashing me for making a statement about research, yeah that
really makes me ignorant
I also took MA and MI in college. And in fact the Federal Reserve own your
ass, they control the Global economy. for example if someone only printed
100 US dollar and then stopped printing then gave it to you and said I want
3% interest. How the hell you give him more 3 US dollars from where you can
find 3 US dollar which is not exist? It is evil idea, interest is
prohibited in Islam look for golden age in islam which economy was healthy
100%
also, i don't know about you, but i don't trust the department of
treasury's claims, or that of any politician that claim the US economy is
improving. growth in china and india is slowing, which means US is buying
less. on the ground it's very apparent that the US is declining. real
unemployment numbers (not fabricated shit from .gov discounting those who
have given up looking for a job) indicate rising unemployment. students are
struggling to find jobs and are under severe debt, etc, etc.
So much more baloney ( at 50 seconds ), "it means the central bank must
perpetually increase it's money supply. Baloney. Suppose I make 200 dollars
a year in wages and you make 200 dollars a year in wages. Now suppose I
want to borrow 100 dollars this year and you want to save 100 dollars. I
borrow your 100 dollars (at 10% interest) and spend it. Next year I pay you
your 100 dollars plus 10 dollars. I now have 90 dollars to spend, you have
310.00 to spend. No extra money is needed.
@ERASER1091988 C'mon man we are all different shapes, sizes, and faces. We
are all made in the image of God. Just b/c he looks different doesn't mean
he is objectively worse than you or I. Why focus on someone's looks when if
you watched this video without his face you wouldn't have made that rude
remark?
Could this video get any more biased? I think not. It does not explain why
the US, and all other countries, have a Central Bank. Before the US set up
the Fed' in 1913, banks could essentially create as much currency as they
wanted, leading to high inflation, even with the Gold Standard. Having a
Central Bank gives the Government control over how much currency is in the
market. The US also abandoned the Gold Standard completely in 1971 mostly
because it hindered disinflationary policies.
If you really take into consideration how powerful all this is, it is
pretty easy to understand how both Republicans and Democrats are of the
same. The big picture portrayed by both adn the main focus of our economic
troubles NEVER includes our monetary system or policies. They ahve us all
focused on things that don't matter. It's a smokescreen.
i've listened to what you said and respectfully disagree. maybe you should
stop taking adderall. i was prescribed it for many years. it can lead to
dependency and changes in mood. take care of yourself. i'm done with this
convo. we've argued our sides and their really isn't much left to say.
thank you and good luck. peace.
The FED is the largest holder, AND creator of US debt… You don't see a
problem with this? Someone is going to have to pay up eventually. And of
course it will be the tax payer, a laTARP. Faith in the dollar, like the
massive derivative markets underpinning the entire banking sector, is a
ticking time bomb. Eventually it will implode.
@sensless1mc that is not the interest rate for when money is printed, its
for when individuals take out a loan. The Fed cant charge interest for
printing money as it is not creating anything but paper – it does not
increase the value of anything, it just spreads the value of the country
over more paper notes than before. There is no interest charged on that.
The dread of the coming collapse is hard to take. I'm trying to wake people
up too. I worked my ass off on a music video about these Bankster
Bastards. Would be great if you could take a min to check it out and pass
it along. THEMONEYTUNE
but isn't this perpetual cycle of debt that which forces human beings to
evolve and progress? disequilibrium is a prerequisite to evolution,
therefore debt is the catalyst of innovation and creativity. without some
kind of evolutionary driving force we are unlikely to move forward or
progress.
excuse me, do you think the Fed is reducing inflation now? QE3 is money
printing en mass without end. exactly what you said the banks could do
before, but not now? hm ok. furthermore, your second statement is
contradictory because if there is a gold standard, money cannot be printed
arbitrarily – it must be linked to gold. the Fed is useless, why do we need
a shadowy private bank to print money at interest when we could print it
interest free and regulate it ourselves?
The example I posted is for money loaned within the banking system, it has
nothing to do with the Fed. As to the Fed purchasing assets, when the Fed
purchases assets ( whether they be Treasury bills/note or other assets ),
the Fed creates the money for these purchases and puts this money into the
general public circulation. Nobody "pays" for this money. It generally is
spent into the economy ( causing an initial bout of inflation ) but
eventually falls back into excess reserves.
@alecboi84 I think you're jumping to conclusions buddy, cos I have know
reassurance of the matter. That's why I said we need to make ourselves
credible and study the subject and well of course other matters, now why
must you accuse me of being supid, if I say education is key?
I wonder just how many people watch this and dont question its validity –
It is totally presumptuous that the Central Banks charge interest. There is
no proof whatsoever of that – its just a conspiracy theory with no actual
evidence.
@sensless1mc I never said it was false, but how can you easily believe
this,I take it into consideration, but I'd like to study before I say. did
you do your research? Do you yourself educate yourself on this matter? or
did you just listen to this video? What do you know about this subject from
books?
LMAO. i bet you copied that out of your macro econ text book, didn't you?
you're so clever! — NOT!!! what you said is completely irrelevant. open
market operations have nothing to do with the fact that all dollars created
and exchanged are nothing but debt, a system which is entirely
unsustainable as is clearly playing out all over the world. as the money
supply increases the debt must correspondingly increase. debt = money. this
basic fact is obviously too subtle for your mind to grasp.
What about the rest currencies?
Boo. this video sucks.
Stupidest thing I ever heard. What do you suppose the Fed is doing with the
interest they earn? Piling it in the corner? Haha! They spend it, which
puts it back into the economy (with no interest or obligation to repay
attached), and re-balances the whole equation.
Well, that's what they'd do if it actually worked the way the video says.
Which it doesn't. Most the interest the Fed earns is turned over directly
to the US Treasury (they give it back to us). Some is used for expenses (to
pay accountants and buy calculators). And the rest is distributed to the
shareholders. The shareholders are regional banks who are required to own
the shares (not a private party), in other words, the very same people who
borrowed the money in the first place (they give the interest back).
In all those cases, the interest remains in the economy. There is no
conspiracy, this whole video is bullshit.
what movie is this from i forgot…. and really want to know
The Fed used disinflation policies for sometime and have since introduced
inflation to create a recovery. Thats how how the process works. Money has
always been able to be printed arbitrarily, as banks create money, the
Government just supplies them. When we had a gold standard, banks created
money (as usual) but sometimes too much and it caused banking panics (look
at how many there were in the 19th century). The current system enables the
Fed to contract the money supply if necessary.
The more I research this, the more Ifind that substantiates the conspiracy
theorists beliefs. Throughout history going back as far as the 1300's there
have been MANY, MANY systems utilizing Fractional Reserve Banking adn the
placemnet of a Central Bank. To this day there are absolutley NONE that
have been successful. Even todays U.S. Federal Reserve is constantly
changing their approach, not because of the changing economic picture but
because many times it is their approach….cont…..
get your nose out of your textbook and take a good look at this world. look
at europe! greece, italy, france, spain, england, ireland… all these
countries are straining under massive debt. they are implementing austerity
all over europe. people have no jobs, and the situations is not improving.
the US is 16 trillion dollars in debt and skyrocketing. how are we ever
going to pay this ever growing debt? every man, woman, and child in america
has a $52,325.93 debt on their head.
RESPECT TO KRS ONE!!!
The perpetual National Debt and $8.4 trillion the FRBNY received from the
Treasury auctions and hid from Congress is exposed at 3w scribd dot com
message 49040689 The Fed steals from people and gives to financiers.
How so?
end the fed
@ptangboy Wow, The Fed prints the currency then loans it to the U.S.
treasury with interest. The Federal Reserve inertest rate on the U.S.
dollar: •Mar 18 08: A 3/4 point cut to 2.25%. •Apr 30 08: A 1/4 point cut
to 2%. •Oct 8 08: A 1/2 point cut to 1.5%. •Oct 29 08: A 1/2 point cut to
1%. Your right the fed should not charge interest for printing money since
it is nothing but paper, its a scam. But to deny that they do it is
ridiculous.
If we really do care about this, we should do something, but no I don't see
anyone exposing this, because no one is going to take conspiracy theorists
seriously, make yourself credible and research with books and what not….
It is not the job of the Fed or any other central bank to create jobs. The
Fed has the power to lead the horse to the water but can't force the horse
to drink it. ex During recessions, the Fed purchases bonds by lowering the
interest rate and raising bond prices. This forces bond owners to sell
their bonds for liquid assets which increases private bank loaning reserves
with low interests. The more banks have in reserve, the more they can loan
out to investors who have the can create jobs.
@ptangboy LOL what are you talking about??? About the only thing the Fed
makes public is its intreste rate…lol
Can you tell me whose the guy in the mid part of the video or the source
@alecboi84 Are you retarded? Who gives a shit about wallstreet all you
fucks give into that area too easily you're weak lil scum, reject the
system and don't advocate it! and for stereotyping me like lmao that's
hilarious…. not really dude, I don't watch TV I have better things to do.
and you're bashing me for making a statement about research, yeah that
really makes me ignorant
@punk4life516 do you see what's going on in NYC occupy wall st?or are you
too busy jerking off and watching jersey shore?
2010 the government pay out was 413 billion on the debt
I also took MA and MI in college. And in fact the Federal Reserve own your
ass, they control the Global economy. for example if someone only printed
100 US dollar and then stopped printing then gave it to you and said I want
3% interest. How the hell you give him more 3 US dollars from where you can
find 3 US dollar which is not exist? It is evil idea, interest is
prohibited in Islam look for golden age in islam which economy was healthy
100%
also, i don't know about you, but i don't trust the department of
treasury's claims, or that of any politician that claim the US economy is
improving. growth in china and india is slowing, which means US is buying
less. on the ground it's very apparent that the US is declining. real
unemployment numbers (not fabricated shit from .gov discounting those who
have given up looking for a job) indicate rising unemployment. students are
struggling to find jobs and are under severe debt, etc, etc.
Well said. I know it's actually not that complicated. I don't know why
people become so conspiratorial over the Fed.
So much more baloney ( at 50 seconds ), "it means the central bank must
perpetually increase it's money supply. Baloney. Suppose I make 200 dollars
a year in wages and you make 200 dollars a year in wages. Now suppose I
want to borrow 100 dollars this year and you want to save 100 dollars. I
borrow your 100 dollars (at 10% interest) and spend it. Next year I pay you
your 100 dollars plus 10 dollars. I now have 90 dollars to spend, you have
310.00 to spend. No extra money is needed.
@ERASER1091988 C'mon man we are all different shapes, sizes, and faces. We
are all made in the image of God. Just b/c he looks different doesn't mean
he is objectively worse than you or I. Why focus on someone's looks when if
you watched this video without his face you wouldn't have made that rude
remark?
Excellent point that the president actually has very little to do with the
economy.
Could this video get any more biased? I think not. It does not explain why
the US, and all other countries, have a Central Bank. Before the US set up
the Fed' in 1913, banks could essentially create as much currency as they
wanted, leading to high inflation, even with the Gold Standard. Having a
Central Bank gives the Government control over how much currency is in the
market. The US also abandoned the Gold Standard completely in 1971 mostly
because it hindered disinflationary policies.
If you really take into consideration how powerful all this is, it is
pretty easy to understand how both Republicans and Democrats are of the
same. The big picture portrayed by both adn the main focus of our economic
troubles NEVER includes our monetary system or policies. They ahve us all
focused on things that don't matter. It's a smokescreen.
i've listened to what you said and respectfully disagree. maybe you should
stop taking adderall. i was prescribed it for many years. it can lead to
dependency and changes in mood. take care of yourself. i'm done with this
convo. we've argued our sides and their really isn't much left to say.
thank you and good luck. peace.
The Federal Reserve board of directors disliked this
The FED is the largest holder, AND creator of US debt… You don't see a
problem with this? Someone is going to have to pay up eventually. And of
course it will be the tax payer, a laTARP. Faith in the dollar, like the
massive derivative markets underpinning the entire banking sector, is a
ticking time bomb. Eventually it will implode.
@sensless1mc that is not the interest rate for when money is printed, its
for when individuals take out a loan. The Fed cant charge interest for
printing money as it is not creating anything but paper – it does not
increase the value of anything, it just spreads the value of the country
over more paper notes than before. There is no interest charged on that.
All those people for ending FED, and FED is still here :S
The dread of the coming collapse is hard to take. I'm trying to wake people
up too. I worked my ass off on a music video about these Bankster
Bastards. Would be great if you could take a min to check it out and pass
it along. THEMONEYTUNE
The ending was the best RON PAUL!
but isn't this perpetual cycle of debt that which forces human beings to
evolve and progress? disequilibrium is a prerequisite to evolution,
therefore debt is the catalyst of innovation and creativity. without some
kind of evolutionary driving force we are unlikely to move forward or
progress.
excuse me, do you think the Fed is reducing inflation now? QE3 is money
printing en mass without end. exactly what you said the banks could do
before, but not now? hm ok. furthermore, your second statement is
contradictory because if there is a gold standard, money cannot be printed
arbitrarily – it must be linked to gold. the Fed is useless, why do we need
a shadowy private bank to print money at interest when we could print it
interest free and regulate it ourselves?
Why the FUCK is all these central bank videos unavailable to meeeee!!!!!
Suspicious
Does anyone know what conference this is at the end with Ron Paul?
The example I posted is for money loaned within the banking system, it has
nothing to do with the Fed. As to the Fed purchasing assets, when the Fed
purchases assets ( whether they be Treasury bills/note or other assets ),
the Fed creates the money for these purchases and puts this money into the
general public circulation. Nobody "pays" for this money. It generally is
spent into the economy ( causing an initial bout of inflation ) but
eventually falls back into excess reserves.
@alecboi84 I think you're jumping to conclusions buddy, cos I have know
reassurance of the matter. That's why I said we need to make ourselves
credible and study the subject and well of course other matters, now why
must you accuse me of being supid, if I say education is key?
I wonder just how many people watch this and dont question its validity –
It is totally presumptuous that the Central Banks charge interest. There is
no proof whatsoever of that – its just a conspiracy theory with no actual
evidence.
5 minute video to describe inflation. ummm okay..
@sensless1mc I never said it was false, but how can you easily believe
this,I take it into consideration, but I'd like to study before I say. did
you do your research? Do you yourself educate yourself on this matter? or
did you just listen to this video? What do you know about this subject from
books?
LMAO. i bet you copied that out of your macro econ text book, didn't you?
you're so clever! — NOT!!! what you said is completely irrelevant. open
market operations have nothing to do with the fact that all dollars created
and exchanged are nothing but debt, a system which is entirely
unsustainable as is clearly playing out all over the world. as the money
supply increases the debt must correspondingly increase. debt = money. this
basic fact is obviously too subtle for your mind to grasp.