The Intended Consequences of the Federal Reserve System
The Federal Reserve System is a private system of fiat money creation based on debt (notes) and lending to subsidiary banks and governments where the unelected and unaudited bureaucrats, masquerading as government officials when they are not, who coordinate and collude with the wealthy elites of the world to protect their interests over the interest of the People. Bullion TP herein analyzes some of the intentional effects from their system.
Self Interest. Despite the convoluted official explanation of the Federal Reserve and the extremely limited powers of oversight the President has over them (of which can and likely have been restrained through coercion), they are a private institution that does whatever they want whenever they want to do it. The claim has always been that they look after the interest of the People for the betterment of the economy and our collective interests, but that has never been the outcome. It’s not a surprising outcome when you allow an institution the power to tank an economy and its subsidiary arms, banks, hedge funds, private equity funds, venture capital funds, all gobble up assets that the Fed helped destroy the value of through their actions on the cheap.
Removal of Hard Money. When the Fed was founded in 1913, the paper currency was backed by a 40% fractional reserve system of gold and the physical currency mostly contained silver. Over the years, the Fed worked with its paid-off government pets to remove all of this and move the country to pure fiat which only they create and control the expansion and contractions of. Not only did they remove the concept of real, hard money from the culture, but from circulation, empowering them as the only arbiters of money and economic truth when they are charlatans and frauds by nature. This was theft from the People of their wealth as printed money debases the currency money in circulation, therefore robbing people through a hidden and unagreed upon tax of their wealth.
Rewarding Failure. The justifications given for the Federal Reserve Bank’s creation and later continuation as its mandate expanded was the elimination of if not reduction of economic panics, limiting unemployment, and restraining inflation. Since the Federal Reserve was created in 1913, there has been a Depression, a Great Recession (that was a Depression really), and 17 recessions. There have been periods of high unemployment and high inflation and we know that these statistics in recent years have become absolute fabrications to sell a narrative, not a reality.
Indebting Society (Slavery). A fiat system based on debt lures the individual, the company, and the government into taking on increasingly more debt which in turn increases the Federal Reserve’s power over them as debt is slavery to the debt issuer. The individual must take on tens of thousands in student loans to compete, the business must do the same to compete (especially when laws are written to protect large corporations they compete with), and the government politician must recklessly spend the People’s money or be replaced by another who will. We won’t get started on the “keeping up with the Joneses” culture that is pushed intentionally on society that is disastrous to personal finances. They push these social and business requirements through their propaganda arms. There are other ways, but they are harder and require a lot more discipline, focus, and hard work. Most choose the “easy” way which is entrapment under debt. It’s not actually easier in the long run.
Bribes & Sycophants. An non-auditable Federal Reserve was destined to result in an institution that looked a lot like the CIA, which also has non auditable funds and has the reputation of a black widow, one that uses its power to print and distribute money for bribes and to attract the soulless sycophantic types. Politicians and high-powered business leaders are rarely, at least in this age, honest or ethical. Flashing cash in their face, despite consistently poor performance for the people and shareholders, respectively, ensures they act the way the Fed wants them to. Economically irrational book deals, massive bonuses for poor executive performance, consulting gigs, speaking gigs, and art sales along with utilizing influence to obtain funding and grants are all mechanisms to control the People and the economy. Support the Fed and its goals or be punished. Corporate employees with heavily mortgaged lives (houses, cars, boats, second-homes) won’t stand up to their corrupt bosses and risk loss of income and the same goes for government employees. Debt is not wealth and income that prevents you from being moral and ethical is akin to slavery.
Expanding Power Grabs. Almost like clockwork, from the Great Depression and the seizure of private gold only to revalue it higher to the removal of gold completely to the buying of toxic assets and admitted equity and bond market manipulations, the Fed’s failures to meet any of its mandates continue to be used as justification for expanding its powers. In no circumstances but ones of corruption are the consistently incompetent (intentionally) and ineffective rewarded with more power. Not surprisingly, this culture has made its way down the pyramid to Corporate America and the government. The fish stinks from the head down.
Corruption of All Things. Having an unlimited supply of “money” (printed fiat) enables influencing nearly every institution, school of thought, and person and sadly far too many are easily influenceable with fiat cash or a job with status. Science, Economics, Education, Religion, Media, Entertainment, Sports, History, Technology, Healthcare, Pharma, Government at all levels, and Politics have all been hopelessly corrupted from decades of Federal Reserve servitude. Many of us have fallen victim to false narratives and influence in one way or another as it is everywhere. Elections have been stolen for a long time by both political parties, we are only just now starting to realize the extent of it — that is not even a partisan statement, it’s simply true. They have propagandized folks so much that they attack those who call out corruption, turning perhaps decent people into sock puppets for Oligarchs and criminal institutions.
Propaganda and Funding Divisions. Where fiat money won’t influence those of conscience in moral and ethical beliefs to behave immorally or unethically, constant propaganda and the funding of crack-pot extremists to drive divisions through confusion and painting the picture of larger support for crazies than there is helps to accomplish the job. Divisions ensure that folks do not wake up and organize themselves against THEM, the true enemy. This is beyond a right vs. left thing, it is a “we’ve all been played” thing. Nearly every large media outlet is owned by four large corporations who get their funding from Federal Reserve banks. The system ignores the fraud and dishonesty of large corporations until they do something against the Fed’s interests and then all of a sudden the accounting fraud or employee abuses matter. This is their system.
Make no mistake, these are the DESIGNS of the system, not their unintended consequences. They want you to believe that they are good people with good intentions. Facts tell a different story.
Gold and Silver in Private Hands and more heavily valued than fiat cash in actions, ENDS THE FED and ends these Intended Consequences. Patriotism helps get there as we are merely returning the system of the past that helped fuel freedom and liberty. The two are intrinsically tied.
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