I was reading about Janet Yellen on Wikipedia and right at the top is says:
I know I shouldn't trust such a cucked site as Wikipedia but I can't imagine this information is false.
So my question is…I thought the Fed was a private organization?
How does the President and the Senate have the power to choose their leader?
Please help explain this Holla Forums it runs contrary to everything you've ever told me about the Fed.
It was put in place to protect the private nature of the entity. Same reason it's named the "federal" reserve. All meant to hide the fact it's just jews fucking us over.
its just symbolic, to trick the goyim thinking that the public have power over the fed. and actually, last i heard, she doesnt even have anything too say, its the other 7 (?) persons that decide everything
Well, in theory, couldn't people protest the Presidents choice and convince the Senate not to confirm the nomination?
Couldn't said Senators be primary'd out of office if they chose to confirm a nomination not ok with the people?
I mean I realize this is just a Jewish scam going back many decades but it appears we do have some minor power to effect it, right?
The fed is a private institution. The chair exists as the representative to the federal government.
They are under no obligation to report or even track expenditure or project initiatives. In a similar way as a company or city can have a weak CEO or mayor, the lack of culpability to who runs it still puts the pressure on the public face.
This assumes that people would call this the single biggest issue
and:
again assumes the chair has actual power or that the choices made for chairmanship are actually independently made.
Efficacy is reliant upon authority.
Ohhh ok. So they have no real power and they take the fall if they need a fall guy.
Once again it's all a show.
Thank you for educating me anons.
Yanet Yellen is printing 4.5 Trillion dollars right now and using it to sell off precious metals and buy up "TBTF" stocks.
She even said in her Jew-Meeting, that "negative interests are being investigated for the future.
Mother fucker, I just want manufacturing jobs back and stop importing in all the damn labor.
I don't really understand economics much, especially not kike controlled economics, but from what I understand through reading what others have said the Fed is somehow keeping the economy afloat under Obama to preserve his legacy and is going to crash it under the next president and the longer they wait the harder it's going to crash.
The Fed nominated her as their ambassador/spokesman to the government. Obama signed off on it. If he was forced not to, they could pick literally anyone else.
Its a farse.
unless companies are somehow coerced into training people to do jobs they'll keep importing ready made workers from abroad as it's cheaper.
we've let corporations have their way for too long, we've been conditioned into thinking standing upt to them would be bad for us.
...
The president can nominate, but cannot dictate.
Yep. It's cheaper to pay a buck or two an hour to have Pajeet poo in the loo or to get some chink or spic to make all our shit and import it than it is to pay our own fucking people to do an honest day's work. It's gotten so bad that farming companies are complaining that wages are getting too high because ILLEGAL IMMIGRANT WORKERS ARE MOVING FROM FARM TO FARM TO GET BETTER WAGES.
Yeah you can imagine:
so your possible choices Mr. President are Janet Yellen. Who would you like to nominate?
wasn't there a youtube video about the fed reserve?
Not only is the Fed private, their (((stockholders))) are guaranteed 6% annual returns.
i dont have any jew questions
i have one final answer!
The Federal Reserve Board of Governors is a federal entity. It sits on top of and oversees the private entity that is the Federal Reserve. Members of the FRB are selected by US Government and they are on the public payroll (government employees).
That is why the Federal Reserve is referred to as a private/public mixed entity.
About a 100k of them
I believe you mean this video
For all you anons that want a way to figure this all out in one easy to comprehend package here is the mother lode of infos.
This should be required viewing here for any questions regarding the FR or how money is created etc.
It is also pretty much the same all over the world.
IMAGINE THAT
The only control the government has, is the appointment of new Chairs of the Fed.
Its almost purely a symbolic act, to make it seem like the Fed is government controlled.
At the end of the day, the Congress and President have 0 control over who is a Primary dealer bank, how much currency is pumped into the system, and what the interest rates for the country are set at.
Interest rates & currency supply are capable of destroying or holding up an economy.
The Fed was created by an act of Congress. It is private, but Congress has the power to get rid of it at any time it wants.
Of course it won't because jews.
The other required reading for complete history is the creature from jekyll island
National Socialism will solve our problems.
Or at least just a little Ethnic Nationalism
The real deal:
Eustace Mullins' secrets of the federal reserve
archive.org
The "john birch society don't mention jews or someone will call you a racist" version:
archive.org
That's actually his watered down book for normalfags,. His The Federal Reserve Conspiracy is better.
Here's a quote from one of their older publications on the fed: