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The Fed Lives In The Past
Submitted by Dominique Dassault via GlobalSlant.com,
No Contemporary Thinking At The Fed
The picture of this very old telephone reminds of our “esteemed” Federal Reserve. They really seem incapable of any modern thought. Their parallels to, and fears of, the Great Depression [Former Chair Bernanke], seem to drive 2009-2015 monetary policy. It reminds me of incredibly stale thinking... sort of like their incredibly stale personalities. I suppose it’s a good match for them but not for the citizens of the world subjected to their currently ineffective and intellectually lazy policies... rooted in very ancient [just like most of them] history. Currency debasement goes back thousands of years i.e. the Romans debased their currency by lowering the content of silver in their coins.
Of course plenty can be learned from history. Frankly, I love history. But, remember, things do change…like the economy. Every cycle is akin to a fingerprint…completely unique…and requires unique solutions along with some “tried and true” ideas. Yet the policies of Bernanke and his mini-me [Yellen] seem almost entirely based on Bernanke’s obsession [and PhD thesis] with the “Depression”.
Now I am not going to list all of the differences in the economies of the 1930’s with the early 21st century. But just look at that picture up above and now think about the iPhone 6. Obviously…much different along with so many other things. And the changes are obviously MASSIVE.
Unfortunately, the members of The Fed just cannot determine why the current economy [the present dilemma is low wages and low inflation] is not accelerating like the old textbooks and intellectual “papers”, they frequently reference, say they should... given their unwavering commitment to both currency debasement and financial asset purchases. Frequently they point to the “tight” monetary policies of the mid to late 1930’s as an inhibitor to that period’s economic growth and, therefore, the exact opposite ought to be today’s remedy. That may be true…or not…but should that really be the driving force behind their easy money policies of 2009-2014…as it seems to be? They have to rationalize it somehow and this “dated” policy point seems to be the convenient “ration”.
My response to them is…Really….That’s All You Have. The 1930’s as a model for today’s economy along with Roman-esque currency dilution. All of your Ivy League educations and these are your ONLY real solutions. If the infamously innovative Howard Hughes or Steve Jobs were in that room, orchestrating the discussion for economically dynamic thinking, I suppose they would both “blow their tops” and start firing people yesterday. Thanks for your service but we require MODERN thought too. On your way out the door please leave your “Treo” phones and VCR’s in the recycling bin. You know what that is …RIGHT? The big blue container that looks like an over-sized trash can. FYI…It’ll accept your empty bottles of “Geritol” too.
RING…RING…RING…The Fed is accepting CONTEMPORARY AND GROUND-BREAKING IDEAS TO ATTACK OUR ECONOMIC MALAISE. Please leave your ideas on the answering machine…OH F _ _ K…I mean voice-mail, text, “page” or blog. Thank you.
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They'd have to live in the past because the future as I see it is devoid of fractional reserve banking and hebrew privilege.
to work at the fed, do you have to know the system, ignore the system, or know nothing about the system called "federal reserve?"
the system: to enslave a free people to debt, and capture all assets through the use of boom and bust cycles the system creates, using money it prints out of thin air.
It started before the fed ...
George Washington Certain About Illuminati Conspiracy
In the following letter from George Washington at the Library of Congress, he expresses his certainty about the Illuminati conspiracy that was infiltrating America and the Free Masons.
Use the following links to find the transcript and images of the letter at the Library of Congress: Transcript, Page 1, Page 2.
I don't buy ANYTHING the elite say, that also applies to their installed puppets or lying institutions, PERIOD!
(Remember, Washington never told a lie, and I'mma the pope...)
Yup and then came along,,,:
"For the twisted minds who embrace these precepts, there is no lower limit to the degree of deceit, dishonesty, abuse, trickery, cruelty, or killing that the Talmud tells them that they are allowed to employ in order to achieve their goals of a One World feudal society in which merely staying alive in order to serve the Zionist masters and enjoy even one more day of life, will be the ONLY concern of the Goyim 'workers'.]"
From The Protocols of the Learned Elders of Zion
1890
http://educate-yourself.org/cn/protocolsofsion.shtml
Is Dominique male or female?
Most likely.
I 'll take that as a "yes".
Energy backed coin. A true value that can be correctly measured.
Or some sort of energy account with a storage provider where one receives credit(s) for energy produced (via solar / wind / etc.) that can be spent with merchants.
This would need an exchange or market to provide backing and credibility for the unit of 'currency' as well as to vary its value according to supply and demand.
They are all liars, because they all keep these histories out of sight!
http://patrick.net/misc/Ask+journalism+how+much+it+got+for+its+soul.++%2...
The FED is in the future, because they create money from nothing in a binary datbase of temporal electricity and give it to banks for free to lend out to us serfs.
This is all by design - the references to the past are only a distraction, an intentional mirage.
The FED is the imprimatur and mouthpiece of the debased lead coins of a failed empire.
"Full Faith and Credit" my ass; the currency is hollow, the subjugation real.
+ 100. You go EB.
Oh, I think they're doing pretty much exactly what they are supposed to for their banking family owners...
back to basics - the whole key is using worthless pieces of paper to, ultimately, own and control real assets from land and pm, to stock in companies that make apps to help teenagers send each other dick pics.
But presumably, Hillary will surround herself with economic and foreign policy advisors that will be a breath of fresh air, real outsiders determined to make a difference for the regular volk.
http://dissidentvoice.org/2015/04/the-trans-pacific-partnership-and-the-...
Obama's 'Economic Dream Team' (circa 2009)
http://4.bp.blogspot.com/-47G3Rqxo9xI/TzxPFdCCAEI/AAAAAAAAE0Y/M788rOgCYK...
Supported by the Fed succession legacy of Greenspan, Bernanke, Yellen
What could possibly go wrong?
They don't even want to do the work convincing people they need paper anymore as they are preventing cash use in transactions and deposit boxes and want a totally digital trackable "currency". Not only are they demented megalomaniacal kleptocrats they're increasingly lazy and cowardly.
The Hillary comment is SARC...right?
…Really….That’s All You Have.
No. What they have is the ability to make you think that what you're thinking is how they think, when in fact what they're thinking is how to make you think that you've figured out how they think. If you think you know how they think then you've fallen in their think trap. So, no, that's not all they have.
Here is a modern ground breaking idea: END THE FED........!
You know we won't have to do anything, think about it, the entire banking is tied to all banks, and when the little banks fail (and they will), then the banking system will become extremely unstable...
And we all know what happnes when a statue's feet begin to crumble..... (Timber!!!)
Let's take short look back in history back to the 1970s.... shall we?
http://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp
Bernanke studied the Great Depression as a primer on how to engineer, deploy, and sell a new one.
This article is either really dumb, or disingenuous. The Fed is many things, but I fear that incompetent is not one of them.
Its not really that the Fed is broken or Bernank was wrong. He just didnt figure that every fkn CEO would take the cheap cash to buy back his stock to pump his options payouts instead of using it for capex and building jobs. Poor Bernank hes just an honest if naive acedemic who got flushed along wiwth the rest of Amerika
Really...? It was cldear to Bernanke what the CEOs were goibng to do with cheap cash 2 weeks into QE. What was he thinking the next 6 years?
I'll answer that ... "how am I going to make money out opf this?" - Bernanke. he knows full well the depth of deception and coming blood lust... he is weaklin and just wants to go along for tghe elitest ride.
Do you really think Bernanke and his kind give a shit about the Constitution?
The truth is that we are in a deep recession if not depression now. Instead of soup kitchens, the WPA and intierant labor riing the rails from town to town looking for any job they can get, we have massive "Federal assistance" programs. These programs not only pay people not to work it robs them of any incentive to work.
So what we have then is a MANUFACTURED depression that has created a permanent undereducated underclass that will of course continue to vote for the corrupt system that gives them a subsistance existance in exchange for their votes.
But it is humaan nature for everyone to want more, but the system has little more to give and is running on borrowed time and borrowed money. This is going to see the Greek sceanrio played out everywhere. When that happens and the EBT cards and assistance payments get cut because there is nothing more to give these poor manipulated souls will explode in a spasm of violence thast will give the government just the excuse they have been seaking to create to crack down on everyone and everything in the name of "public safety".
Welcome to the USSA. Those who continue to resist will be "invited" for a long stay in a new American Gulag known as Camp FEMA.
democrats create welfare slaves like the catholic and muslim churches create children and for the same reason.
Obviously these are not mistakes. That is absurd. This is hardly a group that makes "mistakes". lol.
"The court was packed in order to jam “legal tender” down everyone’s throat during the unconstitutional period called “reconstruction”. A law that 4 members of the court KNEW was unconstitutional and would wreak havoc on the people. Laws that would, about 40 years later, allow private banks to then step in with the creation of the federal reserve to create money out of thin air for a private group of bankers."
http://www.thetruthaboutthelaw.com/they-make-you-use-money-that-is-backe...
The FedRes are nothing more than grifters running a plundering con on the unsuspecting sheeple.
Liberty is a demand. Tyranny is submission.
Guillotine the Fed. Audit the heads.
The author seems to be making a case for the global financialist class to be old fashioned. That's bullshit. They keep doing it because they can. Plundering the vulnerable is a hallmark of tyranny. Corruption and perpetuation of the elite status quo is timeless across all varieties of tyrannical systems of governance. All checks are co-opted and they are trying to make it global. Other competing types of tyrannies are resisting because they see through the scam and want to be the last men standing. We are critical participants because we are the strongest in the western leaning tyranny. If we jettison the yoke of the globalists we can destroy matrix of the financialist imperialists. The first thing that must happen is eliminating the Fed. They are the catalyst for the endless creation of liquidity/solvency for perpetual intervention abroad and domestically. We need to do this politically. We have to break up the cozy two party system scam and the police protection racket that leaves the people defenseless, disarmed and abused by the officers while the political enablers are protected and calling the shots. This tyranny is evil and cannot be permitted to continue unless you all don't mind enslavement.
Well wait a minute, the original fed mandate was only to insure the soundness of the currency, not to jiggle econometric indicators, that was larded onto their mandate in later years. The "problem" is that there is only a very loose and indirect relationship between monetary factors they can affect and employment results, that assume 10,000,000 jobs have not been shipped to China! Devaluing the dollar by 90% might "fix" the problem, but that's nothing any sane person would consider valid.
The Fed knows, they just pretend not to know, as they pretend they can do squat about it.
Fiat is the only way they can afford to buy everyone willing to sell out.
$201,700 The amount Janet Yellen knocks down every year to sit on her ass and do NOTHING, but maybe go to a meeting once or twice a month.
O.T. is Lois Lerner still getting paid leave.? sheeeesh..
You'd like her to sit on your face?
it would be awesome if she did nothing...she is doing plenty...harm
Gold never goes stale .... it keeps it's shine .... mushrooms don't grow off of it .... it just is .... what it is .... money !
“Money is gold, nothing else.” ~ J.P. Morgan 1912
http://blog.milesfranklin.com/gold-is-money-everything-else-is-credit-jp...
That's just a couple of decades past the "past" that The FED is "re-living"...
The FED has failed in their publicly stated mission statement and succeeded in their private mission. Simple...
The publicly stated mission statement is just a cover story
Bonehead Bernanke was touted as the world's foremost authority on the Great Depression which qualified him to head the Fed
That's was like saying the world's foremost authority on Knute Rockne could successfully coach a modern day NFL team
Bernanke knows how to create depression...a bit fuzzy on making a sound economy
Dude they are the heart of financial terrorist organizations. Arrest Janet Yellen, Ben Bernanke, Timy, and falling face Greenspan for financial terrorism.