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InvisibleautomanM
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The Fed Is A Fraud (All Discussions Here)
    #10064738 - 03/29/09 08:11 AM (14 years, 9 months ago)

It seems that we get many "the fed is a fraud" threads. If you have a thought on this topic, debate it here rather than create thread after thread saying basically the same thing.

Enjoy


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OfflineEpigallo
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Re: The Fed Is A Fraud (All Discussions Here) [Re: automan]
    #10064779 - 03/29/09 08:26 AM (14 years, 9 months ago)

The last thread (http://www.shroomery.org/forums/showflat.php/Number/10000603/fpart/1/vc/1) wasn't arguing that the Fed is a "fraud" per se, but that it is a debt based system. If you borrow $10,000 dollars to start a business, in a few years you have to pay back $20,000. And the money you make doesn't come out of nowhere, but ultimately from the same pool. So everything outside of the Federal Bank is ultimately in debt to it. This isn't some radical conspiracy theory, its just how our American commerce is set up.


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OfflineDropScience
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Re: The Fed Is A Fraud (All Discussions Here) [Re: automan]
    #10064869 - 03/29/09 08:53 AM (14 years, 9 months ago)

There are many different aspects to this topic, I would think that heading it under one thread would marginalize the fact that its truly pervasive to countless aspects of our modern political landscape.

If you really wanted to discuss it I assume you would investigate it enough to start breaking it down into its different aspects. One could spend a lot of time simply discussing the fraudulent introduction of the federal reserve act.. "the fed is a fraud" is a very boiled down statement that literally goes back before 1913, involves a whole series of historical events leading up to today. If someone wants to know the truth they simply have to go do the work of reading up on it themselves. There are many books and documentaries on on the federal reserve system...  not to mention the nitty gritty work of cross comparison of the available data.. 

If you want to know, you'll find out, and there is PLENTY of evidence that SOMETHING IS VERY, VERY WRONG. Although, ultimately the nature of your post suggests marginalization of a pervasive meme rather than addressing of an issue.


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OfflineDropScience
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Re: The Fed Is A Fraud (All Discussions Here) [Re: DropScience]
    #10064907 - 03/29/09 09:06 AM (14 years, 9 months ago)

Bradley,

I think, it would be a correct statement to say that the fed itself as an entity is a fraud. Aside from the fraud of inflationary fiat currency, the existence of the Fed itself is a fraud. It's creation was a fraud as the federal reserve act was never truly ratified. The presentation of the federal reserve as being a part of federal government is as well another fraud.. So its not just that the fed is a fraud, but that it's involved in a SERIES of frauds.. If you want to discuss it you need to go into greater detail of exactly which fraud we're discussing.

Saying that the Fed is a fraud is one of those massively understated statements.  It would be like saying by comparison, the Mob is a crime. When really, the mob is a multi-generational culture of MANY criminals working together for common goals. But then again, are we talking about the Italian mob or are we talking about the topic of mobsters in general? Follow my drift? The federal reserve topic expands out into a whole bunch of other issues such as the IRS fraud, power consolidation strategies though controlling the money supply, and the wider globalist agendas of establishing world government (which of course will have a world bank) ,  Its a very big topic and people are forced to make blanket statements like this because the average joe on the streets only consumes soundbites and probably won't ever read a book about the federal reserve, Let alone spend years on it :/


Edited by DropScience (03/29/09 09:39 AM)


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InvisibleSilversoul
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Re: The Fed Is A Fraud (All Discussions Here) [Re: automan]
    #10066714 - 03/29/09 01:51 PM (14 years, 9 months ago)

Well, the biggest fraud about it, as far as I'm concerned, is that it presents itself as a government institution, and while there is some government oversight, it is in effect owned by private banks.

Federal Reserve: Public or Private?

Incidentally, fiat money is not fraud, and has little to do with the Federal Reserve Act.


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Invisiblememes
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Re: The Fed Is A Fraud (All Discussions Here) [Re: DropScience]
    #10067930 - 03/29/09 04:35 PM (14 years, 9 months ago)
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Quote:

DropScience said:
Aside from the fraud of inflationary fiat currency,





Here's a fun article about maintaining a stable & low inflation rate.


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OfflineDropScience
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Re: The Fed Is A Fraud (All Discussions Here) [Re: memes]
    #10078484 - 03/31/09 04:08 AM (14 years, 9 months ago)

Quote:

DropScience said:
Aside from the fraud of inflationary fiat currency,





I was refering to fraud by which the Fed creates money out of nothing in mass thus diluting all other existing money, essentially stealing value though a hidden tax. Fiat currency just means that its not backed by physical assets, it's not in itself a fraud, but because it's not backed by anything then it is open to manipulation though the control of the creation of currency.

Fiat currency is simply a type of currency, particularly one that is very easy to control and abuse. The history of fiat money, to put it kindly, has been one of failure. In fact, EVERY fiat currency since the Romans first began the practice in the first century has ended in devaluation and eventual collapse, of not only the currency, but of the economy that housed the fiat currency as well.

International bankers like fiat currency very much, they maneuver to put it in place, then maneuver to be in charge of it, then manipulate it to their advantage. I was refering to THAT being a fraud.


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Offlinemushroomhunter10
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Re: The Fed Is A Fraud (All Discussions Here) [Re: DropScience]
    #10078915 - 03/31/09 07:46 AM (14 years, 9 months ago)

Listen to this:


The Creature From Jekyll Island



He totally nails it. I can't believe we put up with this crap. It's ridiculous.


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