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Federal Reserve Failure (commentary by Ron Paul)

Posted by freedomforall 2 years, 6 months ago to Politics
15 comments | Share | Flag

Excerpt:
"What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply — are complete failures, having produced the opposite of the promised results.

The latest example of the Federal Reserve engaging in Bill Kristol-like levels of denial is the Fed’s continued insistence that the return of 70s-style inflation is a “transitory” phenomenon resulting from the end of the lockdowns. The Fed has acknowledged the “transitory” inflation will last until at least 2022, yet it is still determined to keep interest rates at or near zero until the “jobs situation” improves."


All Comments

  • Posted by $ Markus_Katabri 2 years, 6 months ago
    I can’t wait until the 1Q 2022 inflationary index numbers come in. Then all my 2020 mouthy relatives on FedBook can start putting money in the Markus was right jar.
    Pre-64 coins only please.
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  • Posted by $ pixelate 2 years, 6 months ago in reply to this comment.
    G. Edward Griffin, recently reached 90 years old, is still alive and well.
    He has websites - Red Pill University that hosts international articles that would be of potential interest to Gulchers: https://redpilluniversity.org/
    Ed has been hosting the Red Pill Expo over the past three years at venues throughout the United States (I was an attendee in Mesquite Nevada / Nov 2019).
    The most recent Expo was held in Lafayette, Louisiana: https://redpillexpo.org/
    Ed's Wikipedia entry is rather amusing and unflattering, but we know who monitors Wiki:
    https://en.wikipedia.org/wiki/G._Edwa...
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  • Posted by chad 2 years, 6 months ago in reply to this comment.
    The evils that men find sufferable are incredibly destructive ones. They will sacrifice themselves, kill others, let their families be destroyed while believing they are obeying 'the law' and to do otherwise would cause even worse results. Even when a government is destructive the people will continue to participate with it because they believe that they can persuade it to change instead of changing themselves and ignoring or challenging the immorality that rules them. More people died under the rule of Stalin than died when Germany invaded Russia. Though the Russians were willing to fight the Germans they offered nothing more than complaints under the rule of their own government, and they were careful about who they complained to for even that could get them killed. Still they never resisted.
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  • Posted by $ Commander 2 years, 6 months ago
    Failure? This institution is doing an exemplary job in the context of what it was designed to do....and it sucks.
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  • Posted by Dobrien 2 years, 6 months ago in reply to this comment.
    South Africa: South African RESERVE Bank
    Spain: Bank of Spain
    Sri Lanka: Central Bank of Sri Lanka
    Sudan: Bank of Sudan
    Surinam: Central Bank of Suriname
    Swaziland: The Central Bank of Swaziland
    Sweden: Sveriges Riksbank
    Switzerland: Swiss National Bank
    Tajikistan: National Bank of Tajikistan
    Tanzania: Bank of Tanzania
    Thailand: Bank of Thailand
    Togo: Central Bank of West African States (BCEAO)
    Tonga: National RESERVE Bank of Tonga
    Trinidad and Tobago: Central Bank of Trinidad and Tobago
    Tunisia: Central Bank of Tunisia
    Turkey: Central Bank of the Republic of Turkey
    Uganda: Bank of Uganda
    Ukraine: National Bank of Ukraine
    United Arab Emirates: Central Bank of United Arab Emirates
    United Kingdom: Bank of England
    United States: Federal Reserve, Federal RESERVE Bank of New York
    Vanuatu: RESERVE Bank of Vanuatu
    Venezuela: Central Bank of Venezuela
    Vietnam: The State Bank of Vietnam
    Yemen: Central Bank of Yemen
    Zambia: Bank of Zambia
    Zimbabwe: RESERVE Bank of Zimbabwe
    The FED and the IRS
    FACT: US Federal RESERVE is a privately-owned company, sitting on its very own patch of land, immune to the US laws.
    Q
    From Nov11 2017
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  • Posted by Dobrien 2 years, 6 months ago
    ROTHSCHILD OWNED & CONTROLLED BANKS:
    Afghanistan: Bank of Afghanistan
    Albania: Bank of Albania
    Algeria: Bank of Algeria
    Argentina: Central Bank of Argentina
    Armenia: Central Bank of Armenia
    Aruba: Central Bank of Aruba
    Australia: RESERVE Bank of Australia
    Austria: Austrian National Bank
    Azerbaijan: Central Bank of Azerbaijan Republic
    Bahamas: Central Bank of The Bahamas
    Bahrain: Central Bank of Bahrain
    Bangladesh: Bangladesh Bank
    Barbados: Central Bank of Barbados
    Belarus: National Bank of the Republic of Belarus
    Belgium: National Bank of Belgium
    Belize: Central Bank of Belize
    Benin: Central Bank of West African States (BCEAO)
    Bermuda: Bermuda Monetary Authority
    Bhutan: Royal Monetary Authority of Bhutan
    Bolivia: Central Bank of Bolivia
    Bosnia: Central Bank of Bosnia and Herzegovina
    Botswana: Bank of Botswana
    Brazil: Central Bank of Brazil
    Bulgaria: Bulgarian National Bank
    Burkina Faso: Central Bank of West African States (BCEAO)
    Burundi: Bank of the Republic of Burundi
    Cambodia: National Bank of Cambodia
    Came Roon: Bank of Central African States
    Canada: Bank of Canada – Banque du Canada
    Cayman Islands: Cayman Islands Monetary Authority
    Central African Republic: Bank of Central African States
    Chad: Bank of Central African States
    Chile: Central Bank of Chile
    China: The People’s Bank of China
    Colombia: Bank of the Republic
    Comoros: Central Bank of Comoros
    Congo: Bank of Central African States
    Costa Rica: Central Bank of Costa Rica
    Côte d’Ivoire: Central Bank of West African States (BCEAO)
    Croatia: Croatian National Bank
    Cuba: Central Bank of Cuba
    Cyprus: Central Bank of Cyprus
    Czech Republic: Czech National Bank
    Denmark: National Bank of Denmark
    Dominican Republic: Central Bank of the Dominican Republic
    East Caribbean area: Eastern Caribbean Central Bank
    Ecuador: Central Bank of Ecuador
    Egypt: Central Bank of Egypt
    El Salvador: Central RESERVE Bank of El Salvador
    Equatorial Guinea: Bank of Central African States
    Estonia: Bank of Estonia
    Ethiopia: National Bank of Ethiopia
    European Union: European Central Bank
    Fiji: RESERVE Bank of Fiji
    Finland: Bank of Finland
    France: Bank of France
    Gabon: Bank of Central African States
    The Gambia: Central Bank of The Gambia
    Georgia: National Bank of Georgia
    Germany: Deutsche Bundesbank
    Ghana: Bank of Ghana
    Greece: Bank of Greece
    Guatemala: Bank of Guatemala
    Guinea Bissau: Central Bank of West African States (BCEAO)
    Guyana: Bank of Guyana
    Haiti: Central Bank of Haiti
    Honduras: Central Bank of Honduras
    Hong Kong: Hong Kong Monetary Authority
    Hungary: Magyar Nemzeti Bank
    Iceland: Central Bank of Iceland
    India: RESERVE Bank of India
    Indonesia: Bank Indonesia
    Iran: The Central Bank of the Islamic Republic of Iran
    Iraq: Central Bank of Iraq
    Ireland: Central Bank and Financial Services Authority of Ireland
    Israel: Bank of Israel
    Italy: Bank of Italy
    Jamaica: Bank of Jamaica
    Japan: Bank of Japan
    Jordan: Central Bank of Jordan
    Kazakhstan: National Bank of Kazakhstan
    Kenya: Central Bank of Kenya
    Korea: Bank of Korea
    Kuwait: Central Bank of Kuwait
    Kyrgyzstan: National Bank of the Kyrgyz Republic
    Latvia: Bank of Latvia
    Lebanon: Central Bank of Lebanon
    Lesotho: Central Bank of Lesotho
    Libya: Central Bank of Libya (Their most recent conquest)
    Uruguay: Central Bank of Uruguay
    Lithuania: Bank of Lithuania
    Luxembourg: Central Bank of Luxembourg
    Macao: Monetary Authority of Macao
    Macedonia: National Bank of the Republic of Macedonia
    Madagascar: Central Bank of Madagascar
    Malawi: RESERVE Bank of Malawi
    Malaysia: Central Bank of Malaysia
    Mali: Central Bank of West African States (BCEAO)
    Malta: Central Bank of Malta
    Mauritius: Bank of Mauritius
    Mexico: Bank of Mexico
    Moldova: National Bank of Moldova
    Mongolia: Bank of Mongolia
    Montenegro: Central Bank of Montenegro
    Morocco: Bank of Morocco
    Mozambique: Bank of Mozambique
    Namibia: Bank of Namibia
    Nepal: Central Bank of Nepal
    Netherlands: Netherlands Bank
    Netherlands Antilles: Bank of the Netherlands Antilles
    New Zealand: RESERVE Bank of New Zealand
    Nicaragua: Central Bank of Nicaragua
    Niger: Central Bank of West African States (BCEAO)
    Nigeria: Central Bank of Nigeria
    Norway: Central Bank of Norway
    Oman: Central Bank of Oman
    Pakistan: State Bank of Pakistan
    Papua New Guinea: Bank of Papua New Guinea
    Paraguay: Central Bank of Paraguay
    Peru: Central RESERVE Bank of Peru
    Philip Pines: Bangko Sentral ng Pilipinas
    Poland: National Bank of Poland
    Portugal: Bank of Portugal
    Qatar: Qatar Central Bank
    Romania: National Bank of Romania
    Russia: Central Bank of Russia
    Rwanda: National Bank of Rwanda
    San Marino: Central Bank of the Republic of San Marino
    Samoa: Central Bank of Samoa
    Saudi Arabia: Saudi Arabian Monetary Agency
    Senegal: Central Bank of West African States (BCEAO)
    Serbia: National Bank of Serbia
    Seychelles: Central Bank of Seychelles
    Sierra Leone: Bank of Sierra Leone
    Singapore: Monetary Authority of Singapore
    Slovakia: National Bank of Slovakia
    Slovenia: Bank of Slovenia
    Solomon Islands: Central Bank of Solomon Islands
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  • Posted by Dobrien 2 years, 6 months ago
    Sept 30 , 2020
    PEOPLE [UNITED] HAVE THE POWER.
    That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, -That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their DUTY, to throw off such Government, and to provide new Guards for their future security.
    Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph.
    Q
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  • Posted by mccannon01 2 years, 6 months ago
    From the article: "Those of us who know the truth should seek to convince our fellow citizens of the importance of restoring a limited, constitutional government that does not try to run the economy, run the world, or run our lives." Trying, but it doesn't seem to be catching on.
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