Has anyone ever proposed to nullify the Federal Reserve act of 1913?

[Anonymous No.16745942]

How has this not been on the forefront of every generation that understands politics and economics?

Why continue complaining and suffering decade after decade, now century, without demanding YOUR government take action?

Is crypto part of the answer to all of this?

[Anonymous No.16745958]

>>16745942

[Anonymous No.16745969]

>>16745958
Beat me to it.

[Anonymous No.16746004]

>>16745958
>>16745969

Is this why BTC was created anonymously and had to function in a decentralized manner?

[Anonymous No.16746013]

>>16745958
based. ya that dude

[Anonymous No.16746016]

>>16746004
Y E S
E
S

[Anonymous No.16746246]

>>16746016

So is something like pic related the best meme to bring about mass awareness to the question "Why do we need Bitcoin?"

[Anonymous No.16746365]

>>16745942
>How has this not been on the forefront of every generation that understands politics and economics?
They sponsor mass media and most bread and circus outlets so they don't talk about it. Almost no one knows what's going on. Most see those banks as some force of good.

[Anonymous No.16746697]

>>16746365

we need more memes

[Anonymous No.16746760]

>>16745958
President Kennedy's E.O. 11110, in its entirety, follows:

SECTION 1. Executive Order No. 10289 of September 19 [sic], 1951, as amended, is hereby further amended --

(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):

"(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and

(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.

SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

JOHN F. KENNEDY
THE WHITE HOUSE,
June 4, 1963

[Anonymous No.16746810]

>>16745942
Look up Nesara/gesara. Also sergeant Robert Horton on YouTube has a basic but info filled video of how the game is played. He even talks about russel jay gould.

[Anonymous No.16746825]

>>16745942
also note that Plank #5 of the (((Communist Manifesto))) demands a central bank

[Anonymous No.16746842]

>>16745942
If you are paid in Monero you'll never have to pay income tax

[Anonymous No.16746852]

>>16746760
translate to brainlet pls

[Anonymous No.16746861]

>>16746697
have them

[Anonymous No.16746874]

>>16746852
he was going to have the treasury issue silver backed money.

[Anonymous No.16746885]

>>16746861

[Anonymous No.16746892]

>>16746760
>>16746852

Kennedy wasn't planning to eliminate the Federal Reserve system. He was issuing an EO to transition the lower denominated Federal Reserve notes away from Silver.

Prior to the 1960s, coinage and the smaller notes were still backed by silver.

Fucking Jim Mars has been feeding Boomers disinfo about this for 40 years.

[Anonymous No.16746899]

>>16746885
https://youtu.be/OyBNmecVtdU
https://youtu.be/F-AZV3qnwkA
https://youtu.be/os63_osqIzo

[Anonymous No.16746914]

>>16746899

[Anonymous No.16746920]

>>16746892
yeah I think that's true he was talking about silver having little use as money post industrial revolution

[Anonymous No.16746929]

>>16746914
What is this?

[Anonymous No.16746944]

>>16746914

[Anonymous No.16746957]

>>16746929
the lie of cpi

Pricing things in fiat
is like measuring a field with a yardstick that got shorter each year and believing the field was getting longer.
is like going to a gym where they make the kilogram lighter every month and you believe you're getting stronger.
is like your employer lengthening the definition of an hour so you stay at work longer each day

[Anonymous No.16747007]

>>16746920

>On November 28, 1961, President Kennedy halted sales of silver by the Treasury Department. Increasing demand for silver as an industrial metal had led to an increase in the market price of silver above the United States government's fixed price. This led to a decline in the government's excess silver reserves by over 80% during 1961. Kennedy also called upon Congress to phase out silver certificates in favor of Federal Reserve notes which, according to the Associated Press at that time, were still backed by gold.

This meme will never end though. JFK assassination conspiracy theories are as approved by the establishment as Alien stuff.

[Anonymous No.16747009]

reminder the goal of keynesian monetary policy is to maximise the employment rate by control of money supply.
same thing as saying make you unable to accumulate wealth so you can't stop working.

reminder even if you lived in an economy that harvested the energy output of stars or galaxies most people would never be able to accumulate wealth if their salary was denominated in something that lost value exponentially against an index of consumable goods

[Anonymous No.16747027]

>>16746957

Monetary inflation doesn't show up in consumer prices immediately though. First it shows up in the form of asset bubbles.

It's only when those asset bubbles pop and trust is lost in the system that produces that particular currency (see: OPEC embargo), that you get runaway price inflation.

I hate unlabeled graphs. I assume it's inflation adjust Gold vs non inflation adjusted.

[Anonymous No.16747071]

>>16747027
when you look at the price of gold you are looking at the price of the dollar

a unit of measurement is defined as something that remains constant with respect to the independent variable

the price of the dollar was fixed until 1971, believing otherwise is as insane as the examples here >>16746957
Imagine if you defined the meter by an arbitrary index of lengths immediately surrounding you. CPI is absolute madness.

[Anonymous No.16747081]

>>16745942
Aaron Russo watch his documentary

[Anonymous No.16747107]

>>16747007
if the treasury issued silver redeemable us dollars there would have been no demand for federal reserve dollars.

similar to what bitcoin as cash can do to Keynesian fiat.

[Anonymous No.16747116]

>>16747071

>when you look at the price of gold you are looking at the price of the dollar

It's not linear. The monetary base has expanded rapidly since 2011, yet we still haven't taken out the all time $1900 high made in 2011. Why? Because gold trades like a commodity (albeit a monetary one) and it has periods of market peaks and troughs based upon how successful monetary policy is being managed.

If the monetary expansion is directed into equities and the major trading partners are happy to accept US dollars in exchange for goods, then the gravy train runs.

If confidence is lost and major trading partners refuse to stack up more US dollars, everyone piles into Gold.

[Anonymous No.16747185]

>>16747107

>if the treasury issued silver redeemable us dollars there would have been no demand for federal reserve dollars.

They had been issuing silver certificates and allowing redemption back into silver bullion until Kennedy's administration halted it.

>I again urge a revision in our silver policy to reflect the status of silver as a metal for which there is an expanding industrial demand. Except for its use in coins, silver serves no useful monetary function.

>In 1961, at my direction, sales of silver were suspended by the Secretary of the Treasury. As further steps, I recommend repeal of those Acts that oblige the Treasury to support the price of silver; and repeal of the special 50-percent tax on transfers of interest in silver and authorization for the Federal Reserve System to issue notes in denominations of $1, so as to make possible the gradual withdrawal of silver certificates from circulation and the use of the silver thus released for coinage purposes. I urge the Congress to take prompt action on these recommended changes.

Kennedy's words, matey. He was eliminating silver certificates in favour of Federal Reserve notes.

[Anonymous No.16747264]

>>16747116
CPI is a meaningless measure of value over time because it is the complete inversion of a unit of measurement >>16746944. Which is its design; to stop people accumulating wealth.

the value of the dollar was defined as 1/20th an ounce untill 1933 when they reduced the peg to 1/35th
if you earned $100 a week in 1932 you made 5 ounces a week
then in 1934 you still made $100 a week but now only earned 2.8 ounces

CPI makes you believe something that is not true the dollar had a fixed value prior to 1971, there was no where in the world where you could exchange an ounce for $2000usd in 1980.

If I had held an ounce of gold from 1932 till today i would have made 77x in usd not 4x as cpi would tell you.

CPI is a flat out lie, it is madness.
It's as insane as retroactively changing the value of gravity

>>16747185
yeah you're probably right haven't looked into Kennedy that much