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IPFS News Link • Federal Reserve

A Look At the Federal Reserve Through A Different Lens

• The Daily Coin

A Look At the Federal Reserve Through A Different Lens by Olde Reb for The Daily Coin

TDC Note – Below is a comment on the article – 47 YEARS OF GOVERNMENT OF THE BANKERS, BY THE BANKERS, FOR THE BANKERS (Video) that was left by Olde Reb. It explains a lot of the Federal Reserve Note, Rothschild and the how the slave owners came into power and how they have convinced the world they are smarter than everyone else. The sad part is – we believe them.

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This writing is a tribute to my professor who taught a graduate course of Money and Banking at a state flagship university.  His revelation has been confirmed with TreasuryDirect documentation, GAO reports, and other sources.  Perhaps the research may be of interest.

Are the real beneficiaries of Stephen Mnuchin's, whoops, Trump's Budget with the humongous increases in National Debt, similar to programs that Stephen's cronies at Goldman Sachs have used for decades to impoverish nations (including Greece), clearly visible to you? They are identified below.

Have you ever wondered how the New York banks have been so successful that they can give million dollar bonuses, buy interlocking director control of Fortune 500 companies –especially military suppliers, and donate millions to philanthropic causes ? The source of the funding is detailed below.

How does the Federal Reserve system conceal billions of dollars of profit in accounts that are not audited ? The specific accounts and methods used are identified.

How has Wall Street hidden their naked warmongering from 1890 to 1946 by creating the CIA with Allen Dulles to conceal their nefarious acts behind 'national security', and has used purloined funds and the U.S. military for decades to crush any nation that resisted their exploitation ? And now has turned their attention toward the U.S. ? Read on.

The "ultimate goal" for Wall Street is to collect on the [fraudulent] $21 trillion U.S. national debt (as in Greece) is presented in footnotes 17 and 18.

The future of the United States may be in your hands.

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THE FEDERAL RESERVE: A DIFFERENT VIEW

"What difference does an increase in the National Debt make? We owe it to ourselves." virtually every congress-critter has declared. Such a paraphrased statement, reflecting on the exoskeleton structure of the Federal Reserve, ignores the inner historic mechanisms of Rothschild banking, the intense subterfuge and arm-twisting of the Fed's creation, and the proven destructive forces inherent but hidden therein. 1

The medieval Rothschild Banks established a line of credit for the King provided the King issued a written promise to pay gold, with interest, to the bank at a time in the future. The book-entry Rothschild credit was used to pay forobligations incurred by the king. The credit continued to be circulated in the kingdom between merchants. The bankers sold the king's interest bearing promise of gold to investors. The promise was renewed by the king on its maturing date and became perpetually rolled-over. 2

VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold from investors; the investors had a promise the king would eventually pay them in gold—which would never happen. 3Everything went smoothly as long as the bankers could sell the promise and the investors did not demand the gold. 4 As Benjamin Ginsburg has lamented in FATAL EMBRACE; (bankers) AND THE STATE 5, eventually the schemes, which stole the wealth from the people with book-entry fiat money, would come to a catastrophic climax. 6

The Federal Reserve 7 does the same thing for the U.S. government's deficit spending. Their wizard is hiding behind Frank Baum's curtain as obscurant to any public inquiry.8

The Federal Reserve Bank of New York will grant credit (not "create money") in an account of the US government with an amount that the government will pledge. 9 The government will expend the book-entry-credit account (deficit spending) to pay for goods and services consumed by the government. The suppliers are content. Evidence that the supplier has received a credit voucher is obvious. [It is touted to the public as a loan.10] The heading of the currency given to the supplier by a local commercial bank is Federal Reserve Note; i.e., a debt obligation of the Federal Reserve also identified as a "tender" (substitute) required by law to be accepted for an imprinted number of dollars. 11

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