All Star Economic News

[Vexari]

Our country thanks our forefathers for the Constitution

The Federal Reserve Bank is a Private Company

A Quantum Shift?


The entire function of this system

Is to convert debt into money

It's just that simple


First the fed takes all the government bonds which the public does not buy and writes a check to congress in exchange for them

(it acquires other debt obligations as well, but bonds comprise most of its inventory)

There is no money to back up this check

These fiat dollars are created on the spot for that purpose

By calling those bonds reserves, the fed then uses them as the base for creating 9 additional dollars for every dollar created for the bonds themselves

The money created for the bonds is spent by the government

Whereas the money created on top of those bonds is the source of all bank loans made to the nation's businesses and individuals

The result of this process is the same as creating money on a printing press, but the illusion is based on an accounting trick rather than a printing trick

The bottom line is that congress and the banking cartel have entered into a partnership

In which the cartel has the privilege of collecting interest on money which it creates out of nothing

A perpetual override on every American dollar that exists in the world

Congress, on the other hand

Has access to unlimited funding without having to tell the voters their taxes are being raised through the process of inflation


If you understand the above, you understand The Federal Reserve System


Additional food for thought:


When the Federal Reserve wants to increase interest rates

It is not about keeping things in order

But increasing what they get paid through the increased interest on a perceived debt

On money

Made out of thin air