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End the Fed


               
2022 Jul 5, 1:40pm   76,596 views  577 comments

by Patrick   follow (59)  

https://rudy.substack.com/p/qt-stands-for-they-lie



It seems that Fed employees know how to get rich betraying the public.

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359   Patrick   @   2024 Nov 3, 6:44pm  



360   Patrick   @   2024 Nov 3, 7:00pm  



362   Patrick   @   2024 Nov 10, 3:07pm  



363   Patrick   @   2024 Nov 10, 3:08pm  



365   Patrick   @   2024 Nov 11, 2:31pm  

Thanks, lots of good graphs there:














366   Patrick   @   2024 Nov 11, 2:36pm  












367   Patrick   @   2024 Nov 11, 2:39pm  













368   Patrick   @   2024 Nov 11, 9:12pm  



369   Patrick   @   2024 Nov 21, 1:32pm  



370   Patrick   @   2024 Nov 24, 7:36pm  



371   Patrick   @   2024 Nov 27, 10:15am  

https://rudy.substack.com/p/fiscal-red-bull


Finally, an op-ed with the revelation that “average inflation targeting” is a concept so stupid it could only have come from PhD economists:

“Because inflation targeting has boosted returns to capital over labour, it may have also contributed to increasing income inequality. This disparity has probably played a role in the rise in populism in many countries.”

Former St. Louis Fed President and current idiot Jim Bullard explains...

To be fair, there were one or two cranks who objected back in 2020:



374   Patrick   @   2024 Dec 3, 11:32am  



375   Ceffer   @   2024 Dec 3, 11:51am  

Patrick says





All of the bloodline families own or are assigned various bank branches. It's a nom de plume.
379   Patrick   @   2024 Dec 31, 9:43pm  



380   Patrick   @   2024 Dec 31, 9:50pm  



381   Patrick   @   2025 Jan 7, 8:35pm  



382   Patrick   @   2025 Jan 7, 8:48pm  



383   Patrick   @   2025 Jan 10, 9:22am  



386   Patrick   @   2025 Jan 28, 8:59pm  



387   Patrick   @   2025 Feb 1, 12:34pm  

I read both "The Creature from Jekyll Island" and an academic book on the creation of the Federal Reserve.

The Federal Reserve was created in 1913 as a way to protect the largest banks from periodic debt crises which could bankrupt them. It was not created in the public interest. So banks get to win when they win, and to push the cost of losses onto the public as inflation when they lose, via the creation of new money lent to those big banks.

The federal government also found it beneficial to denominate government debt in units which could be created at will, so that the government itself need never default, but could quietly defraud bondholders via inflation. I suppose it does benefit ordinary US citizens to a degree because all other countries are essentially obligated to accept our currency to buy oil, because of the deal with have with the Saudis to militarily protect them no matter what they do, as long as they require payment for oil in dollars. This gives us buying power abroad. Saddam tried to switch from dollars to Euros in 2000 and ended up swinging from a rope.

All of this overtly violates the Constitution's requirement that the states make nothing but gold and silver metal valid payment of debts:

Article I Legislative Branch
Section 10 Powers Denied States
Clause 1 Proscribed Powers
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

I could go on, but the Fed is in essence the largest criminal racket on earth. It is very difficult to defeat an entity which can create infinite money to defend its own interests. Congress has less power than the Fed.

My proposed solution is to make pure silver by weight (ounces not dollars) our sole currency because it is practical for most everyday transactions, and to mark all paper promises of silver with a mandatory "ONLY A DEBT, MAY DEFAULT AT ANY TIME AND BECOME WORTHLESS." But this would require a large majority to demand those changes.
388   MolotovCocktail   @   2025 Feb 1, 5:35pm  

Patrick says

All of this overtly violates the Constitution's requirement that the states make nothing but gold and silver metal valid payment of debts:


Nope. That restriction is on the States, not the federal government.
389   Patrick   @   2025 Feb 4, 10:00am  

https://trendcompass.substack.com/p/the-hidden-hand-monstrous-conspiracies


Mayer Amschel Rothschild (1744-1812) allegedly said, "Let me issue and control a nation's money and I care not who writes the laws." This statement has been very widely quoted, but what, exactly does it mean? Rothschild's contemporary Napoleon said that, "When a government is dependent upon bankers for money, they and not the leaders of the government control the situation." One of the directors of the Bank of England, Josiah Stamp (1880-1941) said, "Banking was conceived in iniquity and was born in sin. ... if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money and control credit." ...

Conspiracy theorists are regularly ridiculed for their views and disqualified in serious discussions. But what, then, of the statement made in 1956 by the FBI Director J. Edgar Hoover who said that, "The individual is handicapped, by coming face-to-face, with a conspiracy so monstrous, he cannot believe it exists. The American mind ... rejects even the assumption that human creatures could espouse a philosophy, which must ultimately destroy all that is good and decent."
390   Patrick   @   2025 Feb 5, 11:28am  



392   Patrick   @   2025 Feb 9, 6:46pm  



394   Patrick   @   2025 Feb 10, 2:53pm  



395   Patrick   @   2025 Feb 11, 1:02pm  

https://www.randpaulreview.com/p/mike-lee-wants-ron-paul-to-be-fed


Mike Lee Wants Ron Paul to Be Fed Chairman. Elon Musk Agrees
#11 WOW! How did we get here?

In 2009, Ron Paul published his popular book “End the Fed.”

The Republican congressman and presidential candidate argued that far from being an institution that helps stabilize the economy, the Federal Reserve’s manipulation of our currency actually devalues our money and causes inflation.

No other high profile political figure is more associated with the phrase “end the Fed” than Dr. Paul.

Now, Sen. Mike Lee wants Ron Paul to be Fed chairman.

And Elon Musk thinks that is an amazing idea.





Oh man, that would be fantastic!
398   Patrick   @   2025 Feb 25, 7:12pm  

I just looked them up. The Fed and ADL were founded in 1913, but not the FBI or IRS.

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