The Federal Reserve Scam

[Toddsterpatriot]

Until the world bank decides differently Todd

~S~

What is the world bank going to decide?
How do you know?
Why should we care?

 

[sparky]

What is the world bank going to decide?
How do you know?
Why should we care?

who decides fiat valuation Todd?

~S~

 

[Toddsterpatriot]

who decides fiat valuation Todd?

~S~

Who?

 

[sparky]

Who?

We exist in a global fiat system , where the US$ was the global benchmark until recently acquisitioned by the BRICS Todd

~S~

 

[gipper]

The Federal Reserve Bank is a scam. Only a nation controlled by wealthy elites allows its central bank to be controlled by private individuals.

Carrol Quigley informed us long ago…

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences."
-- Quote from Caroll Quigley's Tragedy and Hope, Chapter 20

 

[Toddsterpatriot]

We exist in a global fiat system , where the US$ was the global benchmark until recently acquisitioned by the BRICS Todd

~S~

The dollar was acquisitioned by the BRICS?
What does that even mean?
And what does it have to do with "who decides fiat valuation?"

 

[gipper]

“The US Federal Reserve, Bank of England, Bank of Japan and European Central Bank (for the 12 euro currency countries) have powers beyond what most people imagine. As a result, they and the Bank of International Settlements (BIS) control financial conditions everywhere in an increasingly borderless world where significant economic events in one nation affect others for better or worse. Based in Basle, Switzerland, BIS is the central banker for central bankers, a banking boss of bosses accountable to no government. Moreover, it’s privately owned by its members, the most powerful ones having most influence. Along with dominant central banks, financial elitists established it to control world economies globally, ideally with a single currency.”
― Stephen Lendman, How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War

 

[Toddsterpatriot]

“The US Federal Reserve, Bank of England, Bank of Japan and European Central Bank (for the 12 euro currency countries) have powers beyond what most people imagine. As a result, they and the Bank of International Settlements (BIS) control financial conditions everywhere in an increasingly borderless world where significant economic events in one nation affect others for better or worse. Based in Basle, Switzerland, BIS is the central banker for central bankers, a banking boss of bosses accountable to no government. Moreover, it’s privately owned by its members, the most powerful ones having most influence. Along with dominant central banks, financial elitists established it to control world economies globally, ideally with a single currency.”
― Stephen Lendman, How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War

BIS is the central banker for central bankers, a banking boss of bosses accountable to no government.

Can BIS order other central banks around?

 

[sparky]

And what does it have to do with "who decides fiat valuation?"

everything Todd.......

~S~

 

[sparky]

@ Natural Citizen

i'm not too good at this, sorry......~S~

 

[sparky]

I don't think you folks realize what's at stake here......~S~

 

[Toddsterpatriot]

everything Todd.......
View attachment 1148061

~S~

Did you ever explain who decides fiat valuation?

 

[Natural Citizen]

@ Natural Citizen

i'm not too good at this, sorry......~S~

Here's a good read, if you're up to it...

https://cdn.mises.org/files/2025-01/TheDollarDilemma.pdf

''A store of value makes money useful and conveys confidence that its purchasing power will not be arbitrarily diminished by the creation of additional units out of thin air by government authorities. Ships have sunk laden with gold and silver coins only to be recovered hundreds of years later with the purchasing power of the gold or silver coins intact.

This does not happen with fiat currencies.

A 30-year US bond, by contrast, loses value because the dollar is a fiat currency rather than a sound currency.

A well-defined unit of account, by weight and quality, becomes the yardstick for measuring economic value. The purchasing power of each unit can fluctuate, but the definition of the particular unit should be rigid. The supply and demand for the monetary unit affects prices, just as the supply and demand for the product or service being purchased does.''


You'll be well ahead of most people's understanding anyway.

There's certainly no well-defined unit of account on fiat curency.

 

[Natural Citizen]

90 years old...



Discusses why tariffs are harmful taxes on consumers, the inevitability of economic depression due to unsustainable government debt, and how the Federal Reserve will liquidate obligations through monetary inflation.

You sure as heck won't hear Orange Man or Tater speak with such competence and maturity.

It's ten minutes. Do or do not...

 

[sparky]

You'll be well ahead of most people's understanding anyway

Thx Natty, i just can't spit it out.... ~S~

 

[Natural Citizen]

Thx Natty, i just can't spit it out.... ~S~

It's alright, hardly anyone listens any fukin way. lolol

Why do you think I don't post in any kind of serious manner on here any more?

It's all been said a guhzillion times already.

And for what...