/biz/ - Business & Finance

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why is this allowed? Anonymous Mon Jan 21 17:59:29 2019 No.12512624 [Reply] [Original]

>A Federal Reserve bank is a privately owned corporation established pursuant to the Federal Reserve Act to serve the public interest

https://www.britannica.com/topic/Federal-Reserve-System

https://en.wikipedia.org/wiki/Paul_Warburg

https://www.truthcontrol.com/federal-reserve-guide

https://www.youtube.com/watch?v=iFDe5kUUyT0

>>	Anonymous Mon Jan 21 19:34:45 2019 No.12513540 >>12512624 I would say this is one of the top scams to ever exist

>>	Anonymous Mon Jan 21 19:37:55 2019 No.12513562 >>12513540 there’s none bigger

>>	Anonymous Mon Jan 21 19:42:05 2019 No.12513590 How can I get in on this?

>>	Anonymous Mon Jan 21 19:51:24 2019 No.12513665 >>12513590 congratz everyone's in it!

>>	Anonymous Mon Jan 21 19:52:20 2019 No.12513676 File: 119 KB, 561x606, 1547325914787.jpg [View same] [iqdb] [saucenao] [google] >>12513590 SPY calls

>>	Anonymous Mon Jan 21 19:52:51 2019 No.12513683 >>12513590 By owning gold and silver

>>	Anonymous Mon Jan 21 19:55:37 2019 No.12513697 >>12513590 https://www.youtube.com/watch?v=0akBdQa55b4

>>	Anonymous Mon Jan 21 19:57:51 2019 No.12513713 >>12512624 Because Jews control the world and we are to pussy to stop them from abusing us

Anonymous Mon Jan 21 20:04:05 2019 No.12513746

>>12512624
It's good that your central bank is private. Contrary to the rest of the world, USA has never suffered hyperinflation. They have an economic incentive to keep the dollar alive as they control the printer, similar to bitcoin miners. That's why the dollar is the best currency, and you should show gratitude to the FED for that.

>>	Anonymous Mon Jan 21 20:04:54 2019 No.12513752 >>12513746 the final redpill

Anonymous Mon Jan 21 20:06:15 2019 No.12513761

>>12512624
>why is this allowed?

because elected official have an personal incentive to print as much money as they possibly can to pay for projects that will win them votes in the short term, which will be a disaster for the currency in the long term

therfore it is necessary to remove this power from elected officials

>why not go back to the gold standard

Keynesian economic theory is that prudent use of fiscal stimulus can help to smooth out the traditional boom-bust cycle for steadier and more comfortable growth on average. This has born out to be true over the past 100 years but the future is of course unpredicatble.

>but it's privately owned

it is owned by the banks who use the system BUT it's not for-profit, any profits are rendered back to the US Treasury and not to the owners

>>	Anonymous Mon Jan 21 20:39:43 2019 No.12514014 (((>>12513746))) (((>>12513761)))

>>	Anonymous Mon Jan 21 20:42:14 2019 No.12514042 File: 42 KB, 750x741, 1530903466126.jpg [View same] [iqdb] [saucenao] [google] >>(((12514014)))

>>	Anonymous Mon Jan 21 20:43:19 2019 No.12514056 >>12514014 really well thought out and well written resonse, thanks for the (you)

>>	Anonymous Mon Jan 21 20:47:12 2019 No.12514095 >>12513683 kek. you gold bugs are a deluded bunch. gold is a racket too anon. buy btc

>>	Anonymous Mon Jan 21 20:49:43 2019 No.12514119 >>12514014 >muh jews

>>	Anonymous Mon Jan 21 20:52:38 2019 No.12514148 >>12513746 this is actually pretty based. preserving the dollar has defined the geopolitics of pretty much every major world conflict since ww2. it's dirty business, but this is what has enabled us to have nice things.

>>	Anonymous Mon Jan 21 21:05:39 2019 No.12514275 File: 194 KB, 1000x667, 000066ee_big.jpg [View same] [iqdb] [saucenao] [google] Guys, I spotted some in here.

Anonymous Mon Jan 21 22:14:16 2019 No.12514729
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>>12513761
>why is this allowed?

The presidents who opposed it got killed

>why not go back to the gold standard?

That doesn't allow such influence and stealing.

>it's not for-profit

Delusional.

>>	Anonymous Mon Jan 21 23:40:18 2019 No.12515427 Did you see that green candle? Bull season. Bitcoin is mooning. We are rich. Buy up to 50k.

>>	Anonymous Tue Jan 22 03:08:07 2019 No.12516434 >>12514729 This

>>	Anonymous Tue Jan 22 07:17:28 2019 No.12517665 >>12513562 I'm surprised it worked for so long though, thats what makes it a 10/10 scam. fucking jews >>12513590 Grab a gun and take it

>>	Anonymous Tue Jan 22 08:01:04 2019 No.12517890 >>12513746 Of course there isn't inflation. The fed interest rates, paid by tax payers, goes directly into the fed shareholders pockets. So you can thank them for taking your money in order to preserve us from inflation.

Anonymous Tue Jan 22 08:12:43 2019 No.12517934

>>12517890
In any case they caused the 1929 krach by heavily increasing the Fed interest rates in only a few weeks in 1929. By this they crashed the economy and stockmarket (no more money injected into the economy) and bought back companies at low prices.

Similar to what BTC whales do currently.

So even if they don't profit a lot from the Fed dividends, they still control the economy and can leverage the Fed for their own benefits.

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