The Federal Reserve Explains... The Federal Reserve In One Easy, Retard-Accessible Video

Tyler Durden's picture

The following just released video from the Cleveland Fed, in which the Fed explains the workings of the Fed, does not need much commentary, suffice to say that it likely came to you courtesy of the production and direction talents of Goldman's PR group. It appears the video is supposed to be some form of user friendly PR approach created by the same people that gave you Enron. Alas, some of the biggest roles of the Fed are sadly unaccounted for. We leave it up to you, dear readers, to uncover just what these are but here are some suggestions: buying everything in perpetuity, keeping Goldman solvent in perpetuity, keeping the Fed's shady dealings with other Central banks and primary dealers hidden from the public's eye in perpetuity, keeping fed funds rate at (or below?) zero or below in perpetuity, etc, you get the picture.


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John McCloy's picture

  As of this moment I officially feel like I live in Nazi Germany light.

No Suze Orman for this one?

macfly's picture

Not sure how long it will remain 'light'.

dr_teeth's picture

i just threw up a little bit in my mouth

Anonymous's picture

Ummm..... would you buy car from a guy who dressed in a 1950's suit, and who's sales receipt was a napkin?

This video is a splendid display of how outdated the financial minds are. The manual slide show took them longer to create with a pen than a 6 year old could have with either power point or movie maker. What a joke!

Whatever they were spouting, it lost me as the only thing I could think about was "who in their right mind would attempt to make a convincing presentation like this today?" The video taught me the archaic ways of our financial thinkers (losers).

Anonymous's picture

me too, at about MBS

Anonymous's picture

You are a coked out partisan fan boi if you think this video in any way represents nazi Germany... Governments must manage the money supply of a fiat currency. This is econ 101, nothing mysterious or even that interesting. What is the big conspiracy theory here???

Anonymous's picture

I tried to post this as a video response:

...but it won't allow it.

They're also moderating comments.

Anonymous's picture

Disgusting !

America the country of morons !

Missing_Link's picture


America, the country whose leaders think its citizens are morons.

May I suggest they are due for a rude awakening.

carbonmutant's picture

I already have Champagne on stash for November.

I hope we get that far...

Anonymous's picture

Yeah, because the Republicans will get us out of this mess.

People who vote for either major party expecting things to change much are one of the primary reasons the leaders of the USA think its citizens are morons. Who wouldn't think the citizens are morons when that game still works so well?

Hulk's picture

November elections should place both parties on notice that we
will not tolerate this nonsense anymore. If the Republicans don't
get the message, then we vote them out. 3rd times a charm may apply.
We have the best government money can buy, and that has got to

Anonymous's picture

If these assh0les in both parties don't get the message it will be time to warm up the tar and kill a bunch of chickens!!

Clampit's picture

What to do in November, third party or

carbonmutant's picture

It's not a real democracy until you have  "None of the Above" on the ballot.

Anonymous's picture

Now that confirms it.

SV's picture

Uhh, I don't get it.  It looks too complicated! </sarcasm>

Anonymous's picture

They spared no expense making the vid, lol.

Anonymous's picture

No bubble blowing? How could they leave that out? That is they're whole game.

berlinjames02's picture

Seriously... the past week I decided to quickly run down the voting members of the FOMC to see how many have a proactive stance on inflation. Of the 12 (or 10 current) voting members I could only find 2 (Hoenig and Bullard) that appear willing to fight inflation before it starts to take off.

In my opinion this is THE reason we will have inflation (not deflation). The strength of the dollar is the key, and Bernake and Co. will sacrifice the dollar at all costs to avoid deflation.

Screw price stability. We've got to keep the peasants occupied chasing the fiats.

macfly's picture

The Feds # 1 job is keeping Rothchilds, Rockerfellers, Morgans, Schiffs etc hidden behind the curtain while they fleece us. Do they really think we haven't read Creature from Jekyll Island, or Murray Rothbard?


I hope we get to abolish the scam of the Fed soon.

damage's picture

You included "Schiffs" with Rothchilds and Rockefellers? So now Irwin Schiff is a part of the evil bankster conspiracy theory stuff? That's a new one, lol.

John Law's picture

I think he's talking about Jacob Schiff...

Which has no relation to Irwin or Peter.

A Nanny Moose's picture

Whose great great grandson was married to Al Gore's daughter at one point....just sayin'

35Pete's picture

Do you even know the details of what MacFly is talking about? 

It sounds like you don't. Anyone aware of the theory that he's espousing would have immediately known that it was Jacob Schiff that he was talking about. 

It's one thing to disparage a theory that you logically don't agree with. Quite another to rip one who's details you know nothing about. 

BTW. I'm not onboard with the international banking conspiracy thingy. But I do know a ton of details on it. I haven't dismissed it. Just that the case presented isn't at all watertight. And as long as there are holes in the theory, well... I'm not onboard. That simple. Educate yourself, get the facts, and then decide. Don't reach conclusions based on what you feel or what the mob thinks. For one, Mobs don't think. I say this because Schiff is an elemental part of the banking conspiracy angle. But you didn't know that. Did you? 


damage's picture

Nope, because I never took it all that seriously. Got any links that summarize it?

35Pete's picture

Your never taking it "all that seriously" tells me that you made up your mind without ever looking at the facts. That's not logical at all bro. You couldn't possibly know if something's true or not based on what you feel. 

Answer to question 2. Start with "The Creature From Jekyl Island". We'll take it from there. 


Johnny Dangereaux's picture

This cartoon can't be real!

If you plow through this(180 pps) you might be able to keep all the eastern european surnames that own our country straight in your head...

Here's a little blurb on the original Schiff....

"Later Congressional testimony showed that in the firm of Kuhn Loeb Company, Felix Warburg was supporting Taft, Paul Warburg and Jacob Schiff were supporting Wilson, and Otto Kahn was supporting Roosevelt. The result was that a Democratic Congress and a Democratic President were elected in 1912 to get the central bank legislation passed. It seems probable that the identification of the Aldrich Plan as a Wall Street operation predicted that it would have a difficult passage through Congress, as the Democrats would solidly oppose it, whereas a successful Democratic candidate, supported by a Democratic Congress, would be able to pass the central bank plan. Taft was thrown overboard because the bankers doubted he could deliver on the Aldrich Plan, and Roosevelt was the instrument of his demise. *The final electoral vote in 1912 was Wilson - 409; Roosevelt - 167; and Taft - 15."

Down home Truth? IT'S IN THERE! 

Joe Sixpack's picture
Proclamation on the Federal Reserve System of the United States of America

March 2008

WHEREAS, Article I, Section 8 of the Constitution of the United States of America authorizes Congress "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures";

WHEREAS, on December 23rd, 1913 the US Congress enacted the Federal Reserve System;

WHEREAS, the Federal Reserve System is considered an independent agency within the federal government, with oversight of Congress and containing appointed public officials on its board of directors;

WHEREAS, the Federal Reserve System Controls the Federal Reserve Note, the official currency of the great nation of the United States of America;

WHEREAS, there may be controversies regarding the legality and constitutionality of the Federal Reserve System, it is recognized that the said system has operated continuously as the central banking system of the United States since the inception of the Federal Reserve Act of 1913;

WHEREAS, the Constitution of the United States of America granted Congress the authority to create the current Federal Reserve System, it also does grant Congress the authority to modify or revoke the Federal Reserve System;

WHEREAS, the actions of the Fedreral Reserve System represent the credit and currency of the United Stated of America to the citizens of this great nation and to the world;

WHEREAS, the Federal Reserve System, acting independently within the federal government allowed, supported, and even promoted parasitical and non-productive uses of the money and credit of the United States of America;

WHEREAS, the United States and likely the entire world's financial system is undergoing massive de-leveraging of the said parasitical and non-productive uses of the credit and money of the United States of America (as well as other nations' currencies);

WHEREAS, the US dollar, the "Federal Reserve Note" is declining in value due to these parasitical activites, as well as potentially other causes;

WHEREAS, it is recognized that the citizens of the United States and other nations did willingly participate at some level in the creation and propogation of said parasitical activities;

WHEREAS, it is also recognized that the United States of America, a sovereign nation, has the legal, moral, and God given authority to take actions to benefit its citizens and to protect its good name, credit and money in times of difficulty;

WHEREAS, it is recognized that the current time is such a time of great difficulty;

WHEREAS, it is recognized the parasitical financial institutions and their activities are at odds with citizens of the United States of America and the good credit and money thereof;

WHEREAS, the current indications are that the Federal Reserve System is acting to preserve the financial system currently flooded with the parasitical activities;

WHEREAS, the current indications are that the neither the Federal Reserve System, nor the Congress of the United States, nor the people of the United States have access to the books of the institutions being preserved by the Federal Reserve, and therefor the degree of inter-connectivity and risk associated with the institutions and other entities cannot be determined;

WHEREAS, the Federal Reserve System is accepting non-performing assets as collateral for credit with ultimate taxpayer responibility to entities not under its legislative mandate;

IT MUST BE CONCLUDED, that the Federal Reserve System is not acting to the benefit of the people of the United States of America, its credit, money, and good name;

WHEREAS, it is recognized that the political will and capability of the government of the United States of America may not be up to the task of prosecuting this proclamation ; It is also recognized that this may be the only hope for the continued survival of the United States of America as the great nation as it has historically existed.

NOW THEREFORE, it is PROCLAIMED by those supporting this Proclamation that the Congress of the United States of America FULLY NATIONALIZE the Federal Reserve System, and take full control of the credit and money of our great nation; The Congress must take whatever action necessary to seperate out, sequester, disown, or otherwise neutralize the effect of the parasitical financial activities which led to the current crisis; The Congress of the United States of America must reorganize, replace, or terminate the Federal Reserve System as appropriate; or otherwise devise a system for creation of the national currency.

IT IS FURTHER PROCLAIMED, that the Congress of the United States of America in cooperation with the Executive of the United States of America contact allied nations and any other nation willing to participate in the overhaul of the failing and parastical financial sytem currently in operation and create new treaties and alliances as necessary to create a sane and productive system of finance with the express goal of supporting a productive national, and by extension and through voluntary cooperation, world economy;

FURTHERMORE, it is PROCLAIMED that it should be the goal of such an international effort to maintain fair international trading practices allowing for protection in national interest of labor, resources, and productive capabilities;

WHEREAS, it is recognized that such a move on the part of the United States of America may result in the necessity of an isolationist policy IF the other developed nations do not follow our lead; If such occurs, so be it.


JJP's picture

hes going to fast for me!

lsbumblebee's picture

Propaganda even a child can understand.

Anonymous's picture

brainwash gone mad

doublethink's picture


Mirror Mirror


Corruption and impunity from prosecution lie at the heart of Greek's debt crisis, Prime Minister George Papandreou said on Monday, calling on citizens to stomach the pain required to put the country back on track.

Dixie Normous's picture

I think this should be taken down immediately!  Criminal pysychologists often speak of a trigger or a breaking point that causes a man to lose it.  This video will be it for someone.

skeptic_ill's picture

WWD(erek)D - I think Derek would like to watch this again with an orange mocha frappuccino...gasoline handle at the ready.

Cognitive Dissonance's picture

YouTube and FaceBook (to name just a few) are slowly being utilized by the propagandists to perpetuate or refine the public myth. It is being co-opted, just like the truth movements are being co-opted.

What do you do when face to face with a popular uprising and you're in power? Deflect, detain, dominate, devour and destroy.

SWRichmond's picture

embrace, extend, and extinguish

tip e. canoe's picture

ingratiate, intimidate & impoverish*

(* to deprive of strength, richness, or fertility by depleting or draining of something essential)

BlackBeard's picture


Selah's picture

THAT is good propaganda!


I'm glad our current machine is a product of our educational system.

Cognitive Dissonance's picture

"We need your taxes for banker bailouts, kickbacks, corruption, manipulation and slush funds. Are you with us or do we need to send the men with guns to help you decide?"

besodemuerte's picture

Added to my bookmarks, thanks.

merehuman's picture

can we have different color dollars for different days . Just for those of us who dont understand money. Thanks a bunch

Anonymous's picture

I feel privileged already!

A Nanny Moose's picture

Awesome! Sadly only 33K views.

Panem et Circenses...and big Bewbs remain far more popular.

DaveyJones's picture

very nice. The fed was gonna use this one, but Ben has a fear of ponies

tip e. canoe's picture

fucking brilliant...thanx for sharing