Audit the Fed? No, SHUT IT DOWN. Its policies have helped pump up the stock market and helped fuel the increasing wealth gap. Central banks serve no true purpose and we could get along just fine without them. They create bubbles; remember the housing bubble? This is what happens when clowns believe the have enough economic knowledge to manage the US economy. Fact: The US economy is incredibly complex and so even the Fed gets it wrong more times than they get it right. When they are wrong, they never admit it. SHUT IT DOWN. The audit is a whitewash.
I agree with you on the CBDC because you will not see this Administration shut down anything which illegal spying on US citizens like the NSA, FBI, or the CIA. The CIA should be shut down because they do as they please, which should never be allowed and it is well known they lie to Congress to their faces. Let me know when the misnamed "Patriot Act" and such are shut down too. $50 billion saved is pocket change. Israel gets $35 billion from us every year! Also, don't forget to cut White House staff by the same percentage!
Spot on. Our entire economy runs on debt. All money is now debt. The repay the national debt or shut down the Fed would crash everything. Maybe it's something like Bitcoin that softens the blow and absorbs the debt? But I think it's going to take a total debt reset, but the cost (lives) may out weigh the benefits?
As I understand it, Ron Paul is the only congressman who has tried to audit the FED.
If I were to write a metaphor illustrating the FED, it would involve a snake oil huckster, owner of the makers of his formula, an equal mixture of powerful antidiarrheal and laxative substances, first one and the the other work unpredictably. He advertises it as a gentle cure all bowel performance issues. Anyone who has experienced diarrhea or constipation know there is nothing gentle about such a cure.
Why would the FED apply such to our money supply? Because the profit from both inflation and deflation, and hardly any from stability. And Ron Paul know that currency back with precious metals is the most stable available. The bankster owners and controllers of the FED know that by alternating inflation and deflation, they have the exclusive opportunity to milk the system, and by doing so in secret, they can do it while pretending to fight both.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson
The Fed (a private bank that has been given the exclusive right to issue the USD since The Federal Reserve Act of 1913) is the greatest heist in the history of the world. It issues fiat money (money without any intrinsic value) in the form of loan to the taxpayer (it is the Treasury that prints physical money, but it's only for replacing worn-out notes in circulation, and these notes are transferred to the Fed by the weight irrespective of denomination), while it can give it to the grabberment or one of its friends-and-family institutions (mostly banks):
The DOGE gambit makes people feel that this time, they are "winning," while the important attacks against them are kept up and keep going, with the tracking/control system in the lead, and the CBDC coming "to the rescue" anytime soon:
The FED is a private bank. It was designed that way. Pres Wilson later in his life deeply regretted he signed the “charter”. It has zero to do with the US government in any way way apart from being a conduit of Swiss Bank Authorities in Basel and Zurich. Credit Suisse / World Bank/ BIS/ UN/NATO/COINTELPRO. ALL are brainchildren of global ancient family lines. Some royal. Some simple wealthy. It is all powered by money, blackmail and blood. That’s just a primer.
"Who knows how many counterfeit dollars they dumped into special interests to dilute the dollar's buying power and siphon away Americans' life savings."
Regrettably, An idea so few understand.
Also, I had no idea the Yellon plague was so costly to listen to.
I agree, but is that not true of every fiat currency scheme? I see all economic management as an exercise in keeping ignorant people working while silently destroying their reason to do so.
That said, I also consider the problem solvable in that, truly our wealth is in our knowledge of taming nature to our service.
I wouldn't pay a dime to hear Yellen speak. The Fed is another mysterious agency that hides in the dark and never wants to be scrutinized. I think the Fed has been running deficits itself for the last few years.
Even if they audit it, what is going to happen? My guess is nothing. It has to be whisked away into never-never land...never to be heard from again. Imagine letting interest rates find their own levels and all this costly government engineering is shot dead.
They defiantly failed on the "more stable monetary and financial system"
"The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank of the United States to provide the nation with a safer, more flexible, and more stable monetary and financial system. The law sets out the purposes, structure, and functions of the System as well as outlines aspects of its operations and accountability. Congress has the power to amend the Federal Reserve Act, which it has done several times over the years. The complete act, as amended, is provided here by section."
We really do need to know since FED says at above link: "Audited Annual Financial Statements of the Federal Reserve System" & then provides pdf links for combined & individual banks...
I can't help but think something HUGE is about to happen...either bird flu or WWIII. Nothing but the mother of all distractions is going to prevent all the dirt from coming to light. You can see the anxiety and fear in the elite scumbags. They are TERRIFIED!!! The ultimate undoing though is going to be The Fed. It will finally expose JP Morgan as the dirtiest player who ever existed. We think Hitler was bad...JP Morgan funded it all!!! Whether he was alive or not. He laid the foundation for the Fed with the Rothschilds.
Until the curtain is pulled back and we the people get to see who is behind it and all the atrocities it perpetuated, we will never be truly free.
Audit the Fed? No, SHUT IT DOWN. Its policies have helped pump up the stock market and helped fuel the increasing wealth gap. Central banks serve no true purpose and we could get along just fine without them. They create bubbles; remember the housing bubble? This is what happens when clowns believe the have enough economic knowledge to manage the US economy. Fact: The US economy is incredibly complex and so even the Fed gets it wrong more times than they get it right. When they are wrong, they never admit it. SHUT IT DOWN. The audit is a whitewash.
It looks like it WILL be also shut down, which will be the explanation for introducing the "Fed-free" "currency," the CBDC.
Other than that, the US "economy" is a pretty simple house of cards:
https://rayhorvaththesource.substack.com/p/the-us-is-a-giant-house-of-cards
I agree with you on the CBDC because you will not see this Administration shut down anything which illegal spying on US citizens like the NSA, FBI, or the CIA. The CIA should be shut down because they do as they please, which should never be allowed and it is well known they lie to Congress to their faces. Let me know when the misnamed "Patriot Act" and such are shut down too. $50 billion saved is pocket change. Israel gets $35 billion from us every year! Also, don't forget to cut White House staff by the same percentage!
If they shut anything down, it would be only because they will introduce something worse with a name most people will not resist.
"because they do as they please" 100%, these rouge departments can't be touched.
Can't just,shut down the Fed quickly.
the whole,economy would come to a screeching halt
Perhaps nationalize it & incorporate it into the Treasury Department!
Spot on. Our entire economy runs on debt. All money is now debt. The repay the national debt or shut down the Fed would crash everything. Maybe it's something like Bitcoin that softens the blow and absorbs the debt? But I think it's going to take a total debt reset, but the cost (lives) may out weigh the benefits?
Evetually,America can go,BRIC's,West with Canada &maybe Mexico.
get back to a commodities based system that we had before 1913!
The whole debt based system of London always was a scam.
As an earlier British Central Banker from 100 years ago,Josiah Stamp,
said of of his own banking system
"Banking was ''conceived in iniquity & born in Sin"
The world has caught on to this scam & London can't survive at it now is.
America needs to put distance between itself & Europe to some degree>
Indeed:
https://rayhorvaththesource.substack.com/p/the-us-is-a-giant-house-of-cards
100%
As I understand it, Ron Paul is the only congressman who has tried to audit the FED.
If I were to write a metaphor illustrating the FED, it would involve a snake oil huckster, owner of the makers of his formula, an equal mixture of powerful antidiarrheal and laxative substances, first one and the the other work unpredictably. He advertises it as a gentle cure all bowel performance issues. Anyone who has experienced diarrhea or constipation know there is nothing gentle about such a cure.
Why would the FED apply such to our money supply? Because the profit from both inflation and deflation, and hardly any from stability. And Ron Paul know that currency back with precious metals is the most stable available. The bankster owners and controllers of the FED know that by alternating inflation and deflation, they have the exclusive opportunity to milk the system, and by doing so in secret, they can do it while pretending to fight both.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson
Ron Paul is there in order to keep up the appearance of "free elections." Rand is only the court jester...
There is no gold to save the system:
https://rayhorvaththesource.substack.com/p/where-is-americas-gold-and-why-does
The Fed only issues "money" to the government and to friends-and-family places...
The Fed (a private bank that has been given the exclusive right to issue the USD since The Federal Reserve Act of 1913) is the greatest heist in the history of the world. It issues fiat money (money without any intrinsic value) in the form of loan to the taxpayer (it is the Treasury that prints physical money, but it's only for replacing worn-out notes in circulation, and these notes are transferred to the Fed by the weight irrespective of denomination), while it can give it to the grabberment or one of its friends-and-family institutions (mostly banks):
https://rayhorvaththesource.substack.com/p/if-people-knew-whats-being-done-to
The DOGE gambit makes people feel that this time, they are "winning," while the important attacks against them are kept up and keep going, with the tracking/control system in the lead, and the CBDC coming "to the rescue" anytime soon:
https://rayhorvaththesource.substack.com/p/what-is-doge-doing
What I want to know is how was it initially funded? Although I know the answer, I think others deserve to know it too.
The FED is a private bank. It was designed that way. Pres Wilson later in his life deeply regretted he signed the “charter”. It has zero to do with the US government in any way way apart from being a conduit of Swiss Bank Authorities in Basel and Zurich. Credit Suisse / World Bank/ BIS/ UN/NATO/COINTELPRO. ALL are brainchildren of global ancient family lines. Some royal. Some simple wealthy. It is all powered by money, blackmail and blood. That’s just a primer.
Audit and then abolish the FED
There is literally nothing to "audit." Abolishing will inevitably lead to Trump's "Fed-free" CBDC...
"Who knows how many counterfeit dollars they dumped into special interests to dilute the dollar's buying power and siphon away Americans' life savings."
Regrettably, An idea so few understand.
Also, I had no idea the Yellon plague was so costly to listen to.
The USD is under controlled demolition, which even fewer people understand, especially when they can expect grabberment debates for money "saved."
I agree, but is that not true of every fiat currency scheme? I see all economic management as an exercise in keeping ignorant people working while silently destroying their reason to do so.
That said, I also consider the problem solvable in that, truly our wealth is in our knowledge of taming nature to our service.
I wouldn't pay a dime to hear Yellen speak. The Fed is another mysterious agency that hides in the dark and never wants to be scrutinized. I think the Fed has been running deficits itself for the last few years.
Even if they audit it, what is going to happen? My guess is nothing. It has to be whisked away into never-never land...never to be heard from again. Imagine letting interest rates find their own levels and all this costly government engineering is shot dead.
There is nothing mysterious about the Fed. The problem is that most people simply cannot compute whatever is going on...
https://rayhorvaththesource.substack.com/p/the-us-is-a-giant-house-of-cards
They defiantly failed on the "more stable monetary and financial system"
"The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank of the United States to provide the nation with a safer, more flexible, and more stable monetary and financial system. The law sets out the purposes, structure, and functions of the System as well as outlines aspects of its operations and accountability. Congress has the power to amend the Federal Reserve Act, which it has done several times over the years. The complete act, as amended, is provided here by section."
And the IRS is the Fed's private lapdog...
Thank you! Now I have more to learn and you have a new subscriber.
How would a Paul/Musk-led audit be different than the ones indicated on the Fed's website? EDITED link for correction: https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm
We really do need to know since FED says at above link: "Audited Annual Financial Statements of the Federal Reserve System" & then provides pdf links for combined & individual banks...
😆😆😆🤣
"Page not found
The page you were looking for has been moved or no longer exists.
The links below may help you find the information you are seeking."
I corrected link which had been abbreviated when copying earlier. Sorry for error.
Thank you for the updated link. To me they should abolish the FED and role any activities that are critical into the treasury.
Let’s all make a concerted effort to turn billionaire hate of the left to trillionaire waste, fraud and corruption of then federal government.
If that doesn’t work, tell them DOGE is safe and effective.
They should Audit and Abolish the FED
Good ideas, but it would stop everything from "working":
https://rayhorvaththesource.substack.com/p/the-us-is-a-giant-house-of-cards
That's the idea!
https://rayhorvaththesource.substack.com/p/what-is-doge-doing
The FED was fully audited in 2012. No harm. No foul.
The Professor is over the target.
I can't help but think something HUGE is about to happen...either bird flu or WWIII. Nothing but the mother of all distractions is going to prevent all the dirt from coming to light. You can see the anxiety and fear in the elite scumbags. They are TERRIFIED!!! The ultimate undoing though is going to be The Fed. It will finally expose JP Morgan as the dirtiest player who ever existed. We think Hitler was bad...JP Morgan funded it all!!! Whether he was alive or not. He laid the foundation for the Fed with the Rothschilds.
Until the curtain is pulled back and we the people get to see who is behind it and all the atrocities it perpetuated, we will never be truly free.
Then, @EndTheFed!!!
Great work Prof!!!