What is the US Federal Reserve Bank?

Discussion in 'Random Thoughts' started by TheChaosFactor, Jan 16, 2009.

  1. TheChaosFactor

    TheChaosFactor Senior Member

    Let's review this institution and its title, shall we?

    US = United States

    The Federal Reserve is international......

    Federal = Government

    The Federal Reserve is independant of the government.....

    Reserve = savings/put back for safe keeping

    The Federal Reserve has zero reserves.......

    Bank = Financial institution

    The Federal Reserve is not a bank at all.

    So what IS the US Federal Reserve Bank?

    Edit: I know what the Federal Reserve does.... I'm asking what it is.
  2. McLeodGanja

    McLeodGanja Banned

    What was the question again?
  3. well that was incredibly confusing. :rolleyes:
  4. Mr. Mojo Risin'

    Mr. Mojo Risin' Senior Member

    I think one of the Zeitgeist films went into detail about this.
  5. TheChaosFactor

    TheChaosFactor Senior Member

    What is The "US Federal Reserve Bank" if it is infact not of the US, it is not Federal, it has NO reserves, and it's not a bank.....
  6. TheChaosFactor

    TheChaosFactor Senior Member

    Interesting. I'll have to look into that. I'm just really confused on this. WTF is it and why are they allowed to do what they do? And where did they come up with the completely non-fitting name?
  7. toolmaggot

    toolmaggot Nuts Go Here.

    Fuck the Zeitgeist movies.

    I watched like, twenty minutes of one and was dumbfounded by it.

    It was LITERALLY made so that stoner kids could watch it while they were REALLY high and pretend that they're all edgy and "informed" and pseudo-intellectual and really. Fucking. Pretentious.

    I have found the cause of the cancer that is pseudo-intellectual stoner kids.
  8. Mr. Mojo Risin'

    Mr. Mojo Risin' Senior Member

    There's inaccuracies in there but there's a lot of interesting shiz, too.

    Watch the sequel, at least.
  9. TheChaosFactor

    TheChaosFactor Senior Member

    You have not, however, informed me of what the US Federal Reserve Bank is....... shame shame.....
  10. toolmaggot

    toolmaggot Nuts Go Here.

    I think that's the one I watched. I was immediately uninterested.
  11. booshnoogs

    booshnoogs loves you

    Wiki it, man.
  12. Cherea

    Cherea Senior Member

    It's an unconstitutional arm of private capital. It's the printing press of anarcho-capitalists a la David Rockefeller.

    And the way they syphon off money away from the real (industrial) economy into their own pockets by means of unproductive, predatorial speculation in fiat money.

    It's also fully behind the current crisis, as is Wall St.
  13. TheGanjaKing

    TheGanjaKing Member

    what is it?

    Its a huge fucking scam.
  14. CaptainLS

    CaptainLS Banned

    Shouldn't you have died from AIDS by now?
  15. Face Eater

    Face Eater Banned

    The reserve bank in Australia is contains several billion dollars and as far as I know it is an emergency fund used to inject money into the economy in times of trouble, or to be used during times of crisis. Basically its a buffer or back up to pull our nation out of the shit when things go bad. As far as I know, it is controlled by government appointed treasurers and only ever seems to go into the hands of the public.

    I know that was in layman's terms, but that is all I can tell you from common knowledge. I suspect that the US federal reserve is the same.
  16. Cherea

    Cherea Senior Member

    That is the function that the Federal Reserve had initially, and has constitutionally.

    But in the U.S., it's been morphed into an arm of the private sector. Americans HATE everything that is public or shared. :D
  17. Face Eater

    Face Eater Banned

    Ha ha, the whole notion entertains me. Mass industries or corporations working towards monopolization and the private communalisation of multitudes of workers...all made possible not by democracy, but the concentration of wealth and control of the market. I'm not saying its worse, but it is no better than government tyranny. You guys are idiots.
  18. Cherea

    Cherea Senior Member

    Welp. I couldn't have put it better. But people here firmly believe that government is the devil.
  19. mephist00

    mephist00 Member

    The Federal reserve bank, is not a US Federal system.
    Federal Reserve Bank is owned by international bankers, (rockefellers, JP morgan Chase..) they are the backbone of all banks that practice modern money mechanics. Modern money mechanics is the practice of Debt. You borrow money from the bank, with interest, you are in debt to the bank.

    Here is a link to MODERN MONEY MECHANICS booklet as practiced by US banking.
    although its a tangled web of banking terminology.

    Anyways, the US Government uses the Federal reserve bank, in exchange for 20 billion dollars in cash, the US Government gives the Federal reserve a 20 billion dollar BOND. And NOW, there is 20 Billion Dollars ADDED to the U.S.A Money Supply (called INFLATION). meanwhile, the Bond, is basically DEBT owed by the US Gov. to the Federal Reserve bank.

    Because there is ALWAYS interest owned in every bank in the world, and US Goverment keeps inflating money on a daily basis, Inflation will always increase, the Power of the Dollar will always Decrease, and There will always be money owed back to the bank, no matter what.

    seems kinda stupid, huh? its part of a greedy scheme to keep the rich richer, and the poor the working class.
  20. TheGanjaKing

    TheGanjaKing Member


    Like I said, its a huge fucking scam.

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