Federal Reserve redpill/Ideal banking and finance policies thread

I strongly recommend this book on the matter:

Money, Bank Credit, and Economic Cycles
by Jesús Huerta de Soto

mises.org/library/money-bank-credit-and-economic-cycles

Bump

CIA and Mossad sources are saying the US dollar will continue after September 30th but that the dollar will be divided into a domestic US dollar that will be devalued by 50% and an international dollar that will remain unchanged.
However, Pentagon and other CIA sources say the Federal Reserve Board will cease to exist on September 30th raising the question of who exactly will control the dollar.
“The IMF accepts the gold-backed yuan into the SDR basket on Oct 1, as the FRB ceases sept 30. The Paris agreement which secretly activates a global gold standard is at near 48%, India will ratify Oct 2 (4.5%) so when Russia (7.35%) ratifies it will cross the 55% threshold but holds off until military issues are resolved and the cabal surrenders.”

Benjamin Fulford has has been making BS predictions for at least a decade. He also has jewish ancestry.

Never heard of the guy, stumble across on Jewgle. I will take notes and see if any shit becomes real, found it interesting anyway.

There was an user a long time ago ( year maybe 2 ) that predicted the yuan getting SDR and being gold backed and some econofags are starting to say it too, we will see.

Well, anyway, SOME MAJOR SHIT is happening, since BlackRock lost 700 billion of the money they manage ( real value estimate 2 trillions ). Something is shifting.

I gave that bitch an anti-fed cartoon.

Bitches love anti-fed cartoons.

No seriously, it's a cartoon, something flashy that keeps the normie's attention, it's 30 minutes, so not too long. It's at least a decent purple pill.

Even some Rotschild in it, so it also james the new.

Thats for sure, the second largest German bank is laying off 20% of their workforce to make ends meet

sauce, who specifically
It's true that the Chinese have been buying up metric fuckloads of gold, and so has the US government to the point where we've confiscated a lot of European nation's gold

improved version for better understandings for the newfags

once you get the money control you can buy the media, take over the education and create controlled opposition.

you can also corrupt the opposition and create foreign puppet governments

If you manage to control the academia too, you are all set and done.

jews declared war on germans way before ww1.
in something around 1898 wilhelm the second visited palestine and a rabbi refused to shake his hand because he declared him and all germans to be amalek (amalek is a tribe from negev - jew-god ordered to kill all amalek).

Bump for later reading.

It was here and Jewbook, but I didn't screencap any on Jewbook, you can find many on Jewgle. But most of the accurate ones were here, I was newfag at the time and didn't have an idea of how cap and archieve are important.

Bump

Nice. I hadn't seen that one before. This one popped up in the recommended list while I was watching that one. I'm not finished with it yet, but so far it explains the banking system, the fed, usury, and sustainability. Probably not great for normies, but if any Holla Forumslacks are unclear about this stuff, this is definitely worth a watch.

What's not to understand? Gold is a physical constraint that limits the supply of currency. When the gold standard was abandoned (first locally, then internationally) the constraint was removed.

Fuck off with your trash reddit memes

also, that video makes a false claim about President Kennedy. It asserts that he was killed for trying to end the fed, when in fact the bill in question strengthened the fed and was meant to pull silver out of circulation. Kennedy was killed by Mossad for being too nosy into Israel's nuclear program and wanting them to be more transparent.

But seriously JFK was killed by LBJ

Did you not read what I just wrote? He was killed by mossad

But actually he wasn't and he was killed by his subordinate and successor.

(((Federal Reserve)))

Okay OP here back from wage slaving.

This post is in memory of congressman Louis T. McFadden

en.wikipedia.org/wiki/Louis_Thomas_McFadden

With everything posted so far, I want to start discussing what should be done in the future. What is the ideal alternative to the Fed?

Here are some of my notes I took from the end of The Money Masers

you're objectively wrong. JFK tried to open up Israel's nuclear program in Dimona and was killed because of it

Make sure to end Fractional Reserve Banking, that's their most important tool.

The new banks will only hold your money and charge you a fixed fee for having your account. You will not earn interest on your money.

People already pay stupid fees to banks to keep their accounts open anyway.

New bankers can take reasonable salaries to reduce costs instead of absurd $25M/year salaries.

related images I have

Hmm, interesting stuff. I don't want to derail the thread, would you be interested in making a thread about this topic?
As far as I know, it was LBJ, but that theory might not account for all of the gunmen. I think there may have been one gunman who was just totally unexplained in that theory, so there would have to have been more people.

Harry Markopolos, Madoff Whistleblower Warns of three New Ponzi Schemes, One Bigger than Bernie’s

Yes fractional reserve banking is something that should be banned. An amendment in the US Constitution should be made. If I could go back in time to visit the founding fathers, I would make sure this gets in the Constitution as well as clearly stating that America is for whites onlyand women can never vote

I'm surprised how little people in real life even know about the FED's existence.

It's a great redpill. I've showed this to countless people:

youtube.com/watch?v=iFDe5kUUyT0

I don't get very good results trying to redpill friends and family on the Fed. Nobody can understand banking, finance, and economics.
If I stick to the simple stuff, like in your second pic, I get better results. It's worrying how dumb the average person is, and it's another reason why democracy is flawed

Also I just figured this out.

We've seen Hillary's emails of her owing Lynn Forester de Rothschild a "penance" (favor), we know they've communicated a lot more than just that email, and since we know Hillary "We came, we saw, he died" killed Gaddafi and is responsible for that Libyan situation.

With that info we know Hillary is doing her jewish master's bidding and help them achieve world financial domination.

That's because they've been lead to believe it's complicated. They have by guys who bullshit to cover the fact it isn't and thus, justify their fees.

What Democracy? America was founded as a Republic. When did it become a Democracy? I know, you don't even know what the difference is. Face it, you and your family are tards.

Yeah. At the very least they'll understand that "things are fucked" but that doesn't really help much.

And things are intentionally created to be complicated too.

Hillary was supposed to have the economic bubble popped under her presidency, so Obama's legacy cold be spared. Since she is on their payroll, she won't put those responsible for ruining the economy to justice. A war with Russia would also probably happen before or after the bubble pops, to mask the effects of the economy being shit.
This war combined with the mass immigration of the 3rd world kills the white race, and a NWO with one brown sub 90 slave race is created, all ruled by Jews

I was obviously talking about representative democracy, not direct democracy like Ancient Greece. Both are flawed anyways

Fucking hell, are they really this close to their goal?

We need a perishable currency.

community-exchange.org/docs/Gesell/en/neo/part4/1.htm

Yes. This election will determine the future of the world.

Hillary wins:
and a bunch of other shit. If they jew Trump out of the election with some sort of rigging, it has to be OUR DUTY to step in

Forgot to mention that the kike liberal majority in the supreme court has implications for the second amendment, one of the kikes worst enemies

NATIONALIZE THE BANKING

GAS THE KIKES

reminder that based jackson was the only pres to actually tell the fed to eat shit

America needs another Andrew Jackson

LABOR VS DEBT
GOLD CUCKS WILL NEVER UNDERSTAND
THEY WANT THEIR GOLD TO WORK FOR THEM JUST LIKE JEWS
END USURY
THE PROBLEMS WILL FIX THEMSELVES

youtube.com/watch?v=kONt8q5iBb8

Prices are not inflating, when measured in real money. Your chart demonstrates that paper money can lose it's value in a hurry. And in 2nd and 3rd world nations it is much faster.

wew lad! We've got a fresh Redditor on the loose!

what the fux is real money
show me some.
I've seen that phrase from economists and wannabes and it's always been gibberish of the highest order.
REAL MONEY is an imaginary ideal world bullshit term to confuse and obfuscate the reality that the paper in my pocket won't buy as much as it did last year.

this. "Real money" doesn't exist - it is as much an abstraction as any other unit of exchange. All money is, is a means of exchanging one item of value with another without having to barter. The means of exchange is not inherently valuable in and of itself, thus making a distinction between "real" and "fake" money is meaningless. Paper money is no more "real" than gold-backed money, since neither are inherently more valuable than the other.

Exactly. "Paper" in your pocket. Is not real money. Paper is, or was, a claimcheck on real money (gold) now they no longer even pretend it's a claimcheck. Paper money is pretend pretend nothing. And soon even paper money will be banned, and only digital money will be used. (So they can instantly delete your bank account if they determine you are an evil white male)

Gold is the real money. Same amount of gold that bought a house hundred years ago? 200 ounces? Still buy a house with that today. Try that with paper "money"

Try not to force the memes Schlomo, be more subtle and try not to be so obvious.

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en.wikipedia.org/wiki/Executive_Order_6102

it happened once, what will stop it from happening again?

Gold is no more "real money" than paper, you mental reject. Gold's value is just as imaginary as paper value, and in fact, is a shitty thing to back a currency with. How do you quantify "real money"? How is it any more "real" than paper or shells or anything else for that matter? What you don't understand is that "inherent value" doesn't exist. All a currency does is function as a unit of exchange between two items of value - it represents value, but isn't valuable in and of itself. Paper money can function just as well as gold in this context.
How is paper money somehow "pretend" while gold isn't?
Yeah, and without inflation, the same amount of paper money would have done exactly the same thing. The only difference is that the physical supply of gold has not increased, so its "value" in relation to the amount of paper currency has increased.

top fucking kek. Get a load of this good goy. All your "gold standard" will do is keep power in the hands of kikes.

This right here. This and Bill Whittle's Politically Correct video were the big two for me.

Why not possess both?

hol up. the problem isn't federal reserve BUT fractional reserve banking. you should read zarlengas book The Lost Science of Money if you are interested, it's read eye opener. Number 1 problem for mankind is to get interest free own money

ohh the days where you could exchange paper money for a silver dollar

Could you get anymore blue pilled? Commodities are not money, they a goods, used as barter. Exactly what makes money's "moneyness" is that it is not a good, but a unit of account

forgot pic
key word is "on demand"

The biggest problem foremost is that the federal reserve is private.
Fractional reserve banking is the next mutation of the fed.

A bitcurrency that is organized by the government, or a sector of the government.

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why bitcurrency? It seems less versatile than physical currency.

That's where bitcoin comes in. They'd have to hack you.

Spreading another Economics thread that was posted a few days ago.

archive.is/QpUCi

Well thought out posts by the OP on how banks create and destroy money, interest rates, usury, and recession with tons of sources. Read it.

Because:
1. it has a steady rate of production of new bitcoins
2. one day gold will be fusable, bitcoin requires knowledge of the codes to be "fused"
3. It's anonymous
4. It's electronic, which makes it more calculable, transferable and quicker than paper money - important because I suspect we will accelerate the economy to a degree
5. If another jew tries to do a Rothschild, people can use a different bitcurrency. (so when we have another tyrannical government, they'd lose the power to control us through money)
6. Fed reserve can't push more coins into the market willy nilly, and the coins themselves can be divided into any denomination (instead of being divided by $10, $20 etc)

Basically, it destroys the corporatocracy, replaces it with a technocracy. Which would stimulate people into finally understanding their fucking computers. Furthermore, in order to use it you need to know how to protect it, which again stimulates education for computers.

Old people will suffer too :^)
Though frankly, I've already seen devices that allows them to use it for daily goods etc safely. My issue is that dumbasses will use those instead of learning how to protect themselves the right way.

Biggest concern - technological progress.
As the computers get better, bitcurrency needs to increase the security of it's codes.
Frankly, I think the "free market" will fix this though.. as it'll push people into learning their computers more.

Alternatively, we can remove currencies altogether and use the internet and portable devices to "bait" people into doing work for a government. I think that's extreme (though it will happen in combination with money - facebook already does it to a degree with advertisement and stimulating articles based on people's backgrounds, ideals and goals)

It's more versatile - in fact I heard of a currency that is back by gold. Might be a good short term solution until fusion does become a reality (rumour has it, it's very close - much closer than you think)

Otherwise there will be traders for it like any other paper currency.

It needs implementation at the local store level though. That requires government intervention. In fact, they need to plan to convert the remaining paper currency into bitcurrency, without causing too much economic strife.

Last issue - if we aren't alone in space, we might have issues due to their greater tech abilities. :^)
Yes I know that last issue sounds retarded, but it's a real threat because we know shit about space.

But is more "real money" than paper.

gold is scarce.
Paper is easily manufactured.

Maybe when fusion happens it will stop being more "real money" than paper.

And that's why I think we'll use bitcurrency. It's the only practical solution we have that isn't a "fiat currency" or something like it. It forces a degree of scarcity on itself.

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being scarce doesn't make it any more "real" than paper. This doesn't even address my argument. Having a very scarce resource to back your economy with is a bad because it limits the physical supply of capital in the market, thus confining the size of the economy to an artificially small box. If your money supply doesn't grow with the size of the economy, then you will eventually run out of available capital to invest in new industries or entrepreneurial ventures. Every unit of capital will continuously become more expensive, thus grinding the growth of the economy to a stand-still until the physical stores of gold are increased.

Why didn't Gaddafi and Sadam reveal their power level and launch a tirade against the jewish control of money?

This is strange. Or did they?

When they dropped the US Dollar, they got dropped as a result. You're not allowed to break away from the system.

As with anything else, when the kikes really don't want you to do something, you should probably do it

I understand. But I would imagine Sadam and Gaddafi would reveal the jewish control of the US, global finance etc. (not that the normies would have believed them) But they did not do that.

I mean it more like this:

If you we're leader of some country and you play nice (don't fuck the jews) to not get murdered. IF they starting attacking, wouldn't you reveal everything you know about them to the world?

I like this idea (much more feasible in a digital format), but can't someone just buy [insert precious metal here] and then sell it later when they need to buy something? Or, at least convert most of their money into [precious metal] and only keep a small amount ready to use, so instead of losing 5.2%/year of their $100.000, they keep $95.000 in [non-perishable goods] and $5k for daily use with the 5.2%/year fade-away rate?

Any system that relies on people not trying to exploit it is useless. And why is it called "free money"?

I'm not sure if they did or didn't say anything related to the kikes controlling the economies of almost every nation. If they did, I could easily imagine that the media completely ignored it for obvious reasons
Maybe another user can help shed light on this

Who said that they know?

No, they don't. Just like a large amount of western leaders are played like a fiddle into supporting leftist ideals and policies. Remember, not everyone spends 30 hours a day looking up conspiracy theories. This is especially true of leaders: if they weren't redpilled before being appointed, they usually don't have a lot of spare time to spend on malaysian cutlery boards

You're sadly right. Which is why it's important for us that know to make a difference while we can. I don't want to look into a field of death and ashes and think to myself that I sat by idly instead of doing anything at all

US President quotes dump

"… we are opposed around the world, by a monolithic and ruthless conspiracy, that relies primarily on covert means, for expanding it’s sphere of influence, on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day.
It is a system which has conscripted, vast human and material resources into the building of a tightly knit, highly efficient machine, that combines, military, diplomatic, intelligence, economic, scientific, and political operations. Its preparations are concealed, not published, its mistakes are buried, not headlined, its dissenters are silenced, not praised."
…
"The very word 'secrecy' is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings."
…
"The high office of President has been used to foment a plot to destroy the American’s freedom, and before I leave office I must inform the citizen of his plight."
…
"There exists in this country a plot to enslave every man, woman and child. Before I leave this high and noble office, I intend to expose this plot."
- John F. Kennedy

"If the people understood the rank injustice of our money and banking system, there would be a revolution before morning."
- Andrew Jackson

"The money power preys upon the nation in time of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me, and causes me to tremble for the safety of our country. Corporations have been enthroned, an era of corruption will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands, and the republic is destroyed."
- Abraham Lincoln

"… banking establishments are more dangerous than standing armies […] the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
- Thomas Jefferson

“Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. And the same thing applies to governors, and U.S. senators and congress members.”
- Jimmy Carter

Higher quality

Our own bank, doing most of the same exact shit. Just owned by the govt and transparent.

That pic made me sick to my stomach, do you have any like that on Assad or Putin?

'sup

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I hate niggers

Whoops, wrong thread

Any word on Harry Markopolos and new (((Ponzi schemers))) apparently there are three. One bigger than Madoff.

it's okay, user. Ever thread's a nigger-hating thread.

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good quote

which is why controlled opposition kikes shill for the gold standard rather than a paper currency not bound by interest, they have all the fucking metal.

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Banking Monopoly: The Greatest Scam On Earth

Very short and to the point 10 minute video

Main points:
- Banks create money out of thin air, they create something of value out of thin air
- All money is debt, as in, the only way money leaves a bank is as a loan to someone - all money comes from loans. Since these loans have interest, there is never enough money to repay all loans. The bank puts out L, but demands a repayment of L + Interest
- Inflation - the creation of more money - devalues the money that already exists. If you had $100 in 1913 and kept them until today, they would now be worth 3% of their original value. Money is not a token of work because it loses value over time, it's like a barrel with a hole in the bottom

Good video

To libertarian goldshills and usury-shills:

Don't offer your commentary on monetary / financial topics until you've read Steven Zarlenga, Arthur Kitson, David Graeber, Ellen Brown, C.H. Douglas, Alexander del Mar, and Friedrich Knapp. With all due respect you don't know what the fuck you're talking about, acting like there were no problems with money and credit until 1913; you don't know your history at all. The Rothschild banking dynasty was born of the international gold standard and they still have control over gold today.

Here are some proposals for bank / money reform:

-Debt moratorium on mortgages and student loans and housing prices must be allowed to fall
***
-State-issued interest-free currency at the Dept of Treasury
-Privately-created currency is outlawed
*** ^^ The two most important by far
-Compound interest, adjustable rate mortgages and interest exceeding 8% are outlawed
-National commerce and agriculture bank (not a central bank) which extends 0% interest credit to farmers and producers for selling and buying goods
-Tax on idle capital / investment funds sitting in banks unwilling to lend

Any other ideas? Why are some people so insistent on demurrage? It seems like a horrible method of taxation.

The single most important fix to money is a return to a complete prohibition of usury, by the definition which stood for most of history; the charging of interest in any form must be a criminal act.

Beyond that, the money supply must be limited according to something, but importantly not something that is controlled by jews. Gold is a bad choice in recent history because the filthy kikes have managed to seize physical control over most of it. There is nothing inherent about Gold or Silver that makes it a preferred limiting factor. Bitcoin works just fine by using computational difficulty. Hitler made Germany great using productive labor as a limit.

Just as long as the jews don't control it, and interest can't be charged, money will cease to be a problem in the way it is now.

If the Federal Reserve didn't exist, Britain wouldn't have started the war to begin with. The only reason Britain did so was because Jews said "We'll get Americans to join if you fight Germany."

Just finished this, 10/10 presentation.

This one's breddy gud too

Let me quote Feder again:
Through intensive enlightenment of the people, it is to be made clear to the people that money is and should be nothing other than a voucher for completed labor; that while every highly developed economy of course has need of money as a medium of exchange, the function of money also ends with that, and in no case should money be lent a supramundane power to grow of itself by means of interest, at the expense of productive labor.

I have never read Feder before, but just pulled up his Manifesto and it looks fantastic. Thanks for bringing it up.

Can recommend this one
archive.org/details/GottfriedFederTheGermanStateOnANationalAndSocialistFoundation

Bump

OP bump, linking this thread to the protest thread I am about to make

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Modern "economists" everyone.

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From what I understand, gold, or the physical basis of currency, is used to stabilize the market. You can't have more money than you do gold, so you can kind of keep a handle on things and make sure things like inflation don't go through the roof. Now admittedly, this isn't the best system, but it was what we had.

The removal of the gold standard meant that there was no physical basis for currency, and this also meant interest could go super-sonic and without check.

Even if you are pro/anti-gold, I still dont see why you have to put it on a image that displays the exponential character of interest.

That's all well and good, except that the money supply ""must"" expand. If it does not expand, this leads to unemployment and debt-deflation. If the money supply expands in such a way that all prices rise equally, the only things that end up getting devalued are time-sensitive prices, meaning debts and investments. Compare this with deflation, where debts and investments soar in value, while wages and commodity prices plummet, causing sellers of these latter market goods to become bankrupt between the twin pincers of high debt-burden and low demand / insufficient money supply. Being concerned over the value of a currency belies a misunderstanding of money. Money is not a commodity but a unit of account. Money acquiring value does not make anyone richer, just as adding lines to a yardstick does not make it any longer. The only thing of any importance regarding money is the relations of prices within the money supply, not the absolute size of the supply itself.

Gold may have been good for keeping things from spiraling up, but what was the cost? A massive financial crisis every decade due to the inherent instability of a monetary standard which both fluctuates in value daily and is of insufficient quantity to counter-act severe drops in price, where small-holders would go bankrupt and then banks would be able to acquire everyone's property. The rinse-and-repeat process of fattening up the sheep and then fleecing them. Everyone hated gold that earned their living honestly. Those that owned gold and, by extension, had the power to lay claim to everyone's properties within the economy, absolutely loved it. Who fought for a paper standard? Farmers and workers. Who fought for the gold standard? Large plot-holders and metropolitan bankers. Read Arthur Kitson and other others of the time (1870-1920). Libertarianism is the greatest scam ever foisted on outsider politics.

Andrew "I killed the bank" Jackson
Fucking bad ass

The root problem is usury, when money makes money it's just opening a can of worms and why baby Jeebus lost his shit in the temple with the money changers. Usury was enabled about the time of the crusades by a Pope or anti-Pope to redistribute all that stolen wealth with strings attached. This was also the rise of the moneyed families whose inbred bloodlines still horde much wealth to this day, drive the economy and point it in particular directions be that war, surveillance state or whatever they feel can maintain the status quo. Technology has been the only thing to challenge this, another can of worms heh.

The answer to the Fed is to have a block chain based currency where the currency is backed by human man/hours. Preferably each person would have their own currency backed by their own man/hours but you could also have a generic man/hour backed system.

fucking capped

I'm not sure. What is usury? Money begetting money? Excessively high interest? Charging interest at all? Usury, insofar as it is a mythic archetypal sin of profit without labor, yes is the problem. But what is the solution?

I think it would be enough for banks to be lending savings but not creating money, for the state to be creating money plentifully and debt-free, and for the banks to be so weak politically that they could never upset this order.

For-profit currency is the problem.

Only governments should have the power to issue money, and since lending is essentially an isse of money, only the government should be able to do it.

Since currencies are essentially worthless substitutes of real items, they are less of a commodity than an infrastructure, which the lenders make you pay rent for.

The solution is: nationalize banks.

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Absolutely.

Disagree. Money and credit are not intrinsically the same thing. That's the whole problem, is that the banks have combined to two into one thing. Take away the banks privilege to create money and restore it to the state and then money ceases to be debt and takes on its true form, which is just a simple coin or token, value-less unit of accounting.

Just make sure that they're lending money, instead of creating it, or else you have the same problem you started with.

Why just not destroy the money you have made when you get it back. Feder suggests something along those lines.

I don't remember what he says. I don't see why you would keep the system of creating money in the act of lending. Even if the interest collected on the loan is used publicly or if the loan is interest-free, you still expose yourself to one of the main problems of credit-monies, which is: they are highly fragile. If there is a string of defaults, a large portion of credit is extinguished and, because credit comprises the money supply, the money supply is jeopardized.

I don't see why you wouldn't just have the state issue currency as cash (non-credit money) while prohibiting banks from creating currency.

Blockchain currency where each person can issue their own credit redeemable in their own credit hours. Employers pay employees in their own credit hours. Credits are exchanged and evaluated by algorithms on blockchain. Items are priced in generic credit hour index but each individual has their own exchange rate. This is the ideal solution.

I know because aliens told me. It can be built. We have the technology. ethereum.org/

bump

I am pretty sure you may be right.

Don't forget JFK issued currency and his demise was sealed.