I disagree with this as well, more and more people are becoming financially aware partially due to conspiracy theorists such as clickbait articles and YouTube videos etc. Most people don’t believe the “Rothchilds control the world” conspiracies but they have an innate understanding that wealth is concentrated in a small population and the wealthy conspire to keep their wealth through nefarious means such as market manipulation lobbying etc. People see how CEOs run companies into the ground yet get bailout with tax payer money and get their bonuses. Companies get bailed out with tax payer funds and layoff thousands, ship the jobs overseas and do stock buy backs. There’s no conspiracy in that. Now we have cryptocurrency which will replace the dollar and more and more people are learning about it everyday.
4 Presidents-WTF?!! Why Ya’ll Ain’t Tell Me?!
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No, America didn't "literally get involved", it was a NATO intervention. Just the same as when we sent forces into Serbia and got Milosevic out of the cut. It was initiated by Sarkozy in France first, not America.
First Libyan Civil War - Wikipedia
I'm not saying I support that shyt, but it's not unusual. It's right in line with hundreds of shytty foreign policy moves we've made over time.
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I recently watched a documentary with a friend of mine. It’s on Amazon Prime and it’s called “4 Presidents.”
Edit: Here’s the link 4 Presidents (2020) - IMDb
So this documentary tells the story of how there is one MAJOR connection between the assassinations of Lincoln, Garfield, McKinley and Kennedy.
So here’s the shyt I learned that had me going
1.) The U.S. Treasury is completely different from the Federal Reserve.
I’m sure I learned this shyt in middle school social studies class but
Ain’t nobody paying attention to that shyt day today and why is it even important?!
2.) Well, it’s important because the rich asses that own the Federal Reserve are private bankers who don’t work for the government.
These evil geniuses print money and give it to the U.S. and we gotta pay it back...with BIG ASS INTEREST.
Sounds fukked up, right?!!Well has anybody ever tried to DO something about it?
YEP....and all of em got taken the hell out.
Fukking crazy! Every American president who went up against the Federal Reserve got shot.
Who the FUKK ARE THESE PEOPLE?!!!
Former Hedge Fund Portfolio Manager.
1) Federal reserve is not owned by anyone!
The federal reserve has board members of different banks which are true, but they are not owned by anyone. Banks receive money from the federal banks at low-interest rates and are suppose to lend out to people or institutions.
2)
A lot of what you wrote is incomplete and wayyyyy more nuanced than that. It's called federal fractional centralized banking. It is the current model and model that we use in capitalism. And it's the only way we have been able to grow at a fast past the only reason why your typing on that fancy phone or computer connected to the Internet. The creation of surplus credit and debt at a fast pace. Excess capital is created so it can be loaned out but the flip side of that is sometimes too much capital is created and bad loans happen and you get 08 in America or Japan in the 1980 -1990s.
There is no grand conspiracy to steal money from people. The masses have never had money or wealth to steal from period! To be honest no other time in history has capital been so cheap and plentiful.
3) The purpose of the federal reserve is to be the lender of last resort! You dont want to be around a place that has bank runs. Banks dont have to keep all deposits on hand and since they dont have to do that there needs to be a lender of the last resorts. The exact reason why the gold standard has failed and will fail again. Bank runs! To save the economy when instability arises.
4) To answer the other silliest being typed in this thread. The federal has destroyed the dollar yes and no!
The American dollar is the reserve currency. Just like anything else in the world the more of something there is the less value it holds. America has to print dollars for other countries to use as a medium of exchange.
The dollar is the world's medium of exchange.
The only thing the fed is guilty of is incompetence and it's not entirely their fault they are using an outdated framework to analyze and solve problems.
Picture capitalism like an iPhone, the phone is the hardware which is like banks, businesses etc. but new businesses arise and create different problems so a software update is needed another OS to solve the problem. The Fed is using an old iPhone and old OS it doesn't work in this climate. All countries with central banks are facing this problem. So it's not their fault entirely. This is why we removed older standards, ie the gold standard or why we have new problems like zero-interest bonds.
5) if you're looking for a conspiracy-lite, it would be the BIS.( Bank of International Settlements) The central banks of all central banks. Can't recall ever seeing a direct list of all its 60 bank members and showing how they interact and the deals they arrange. But those are sovereign nations so some level of secrets needs to happen.
6) Dont take anyone's word here as information do your research! These explanations are as laymen as I can get without writing essays.
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“28 March 2011: Obama addressed the American people on the rational for U.S. military intervention with NATO forces in Libya at the National Defense University.“
Yes, we were there in support of NATO. You made it sound like we independently intervened in Libya's Civil War. How was it different than when we went after Milosevic as part of NATO in Serbia?
I'm referring to the theory that secret shadowy people are running the Fed or that they're knocking off US Presidents to maintain their power.
Rich people use capitalism to hoard wealth. If you got rid of the Fed they'd have a million other ways to do it, they were already doing it long before the Fed existed. The issue is our reliance on interest-bearing loans to create money. I think we need to replace that, but none of the presidents who got killed (or anyone else in power) has ever proposed doing that in a manner that would actually diminish the wealthy's power. Invariably someone goes back to "Gold Standard!" the ridiculous right-wing glory days plea that would only fukk us up worse without improving anything.
I'm still confused where you're getting "less than 1 billion on direct cash payments". It was over $400 billion.
And all money is printed out of thin air, that's always been the case.
I never said we independently intervened I simply said we intervened due to the context of what I was saying.
The context was I don’t get into conspiracy theories but the manner in which we intervened in Libya and paraded his dead body around i have never seen before which made me think otherwise. Take your example for instance, most Americans don’t even know who milosevic was or even that we intervened in Serbia. And once again when dealing with Serbia youre getting involved with US-Russia relations and communism vs capitalism etc which is why China and Russia opposed intervention in Serbia but with Libya there’s is none of that.
I saw ghadaffi’s dead body with a bullet hole in his head being dragged through the street on live tv. Osama bin laden was public enemy #1 and was synonymous with 9/11 yet they won’t even his dead body.
The Chinese and Russians didn't oppose NATO intervention in Serbia because of Communism, they opposed it because they feared it setting precedents with foreign intervention in their own separatist movements. And in 1999 when the USA went up against Milosevic in Kosovo, communism wasn't even a thing in Russia anymore.
Because Americans killed bin Laden. Americans didn't kill Ghadaffi, Libyans did, ones who had been personally involved in fighting him. There were wild videos of Saddam's death too.
Ozymandeas
Veteran
Im hesitant to say anything because I have no clue. What I do know is you can find out 90% of what you want to know about someone or some group on the Internet in a ten minute search. People back in the 60s didn't have all that information. What would take hours pouring through books, reports and newspapers (and that's if the shyt was published) is condensed into minutes. JFK obviously knew who ran the Fed, knew the Rothschilds, etc. but, I'd wager that he knew the deep, dark and ugly secrets, things that would never be revealed to the public whereas today we have a surface level understanding but, that understanding is more broad as we can search almost everything there is to know. Either way, he obviously didn't think he would get killed. But like I said, I don't really want to speculate on that because I don't know. What I can say, is that shadow banking groups and dark money entities would certainly prefer to live in a world without internet or in the 60s as compared to now.
Im tired I keep making that typo but I meant to say less than 1 trillion of the 2 trillion stimulus was actually cash payments. Money hasn’t always been printed out of thin air that’s the whole point of thread. The money a bank could loan out for instance at one point was directly proportional to its cash or gold reserves. There were limits to how much a bank could loan or it would risk going bankrupt. With the federal reserve that’s no longer a problem because they’ll just get bailed out. All reward with no risk. We pay the price twice. First through our tax dollars and then through inflation.
The fed printed 1.5 TRILLION dollars to help just Wall Street before the 2 TRILLION dollars cares act. Now we have a new 2 TRILLION dollars stimulus on the way. This is money out of thin air.
It’s the same thing you’re just playing semantics...
That doesn’t explain why would ghadffis dead body being dragged through streets on the other side of the globe is acceptable to be shown on daytime tv but osama who is public enemy #1 not even a single photo of his body can be found anywhere. I’m talking about my personal view of the optics. You can’t be right or wrong here.
Nah they celebrate that every year in Spain with blackface.
"Festival of Moors and Christians"
"We came, we saw, he died" - - Hillarry Clinton, US Secretary of State
Killing 500,000 Iraqi children was worth it-Madeline Albright US Secretary of State
This is the satanic filth you're dealing with
Okay, I get you on the trillion now.
But yes, money has always been printed out of thin air. The fact that it was proportional to gold reserves is meaningless because the money supply was still far greater than the actual gold reserves. The proportion used was completely artificial. Not to mention that the amount of gold increasing in bank reserves has no logical connection to an increase in money supply.
Anything we pay out of tax dollars isn't paid out of inflation. Tax dollars are removed from the money supply, so we always pay one or the other, not both.
And there was out of control inflation long before the fed ever existed. I'm confused why y'all think global finances were gravy before the fed. Poor people's lives sucked back then as bad or worse than they suck now. Like I said, Silvio Gesell predicted the issues that loans-on-interest money causes long before the fed existed, he explained the rise-and-crash cycle from the 1880s. Whether the money is backed by gold or not doesn't change that.