The Dangers of an All-powerful Federal Reserve

The DANGERS of an ALL-POWERFUL FEDERAL RESERVE The Federal Reserve is the largest player in the world's largest economy AND IT'S ON A RUNAWAY TRAIN... Things cost While there was a 2230% 48% DECREASE MORE than at the in prices in the hundred years before Fed's inception U$A THE CONSUMER PRICE INDEX 1800-2013 The CPI is an inflationary indicator that measures the change in the cost of a fixed basket of products and services. Also called cost-of-living index. 100 years of stability 1970 RAPID EXPANSION of the ..FILLED WITH FIAT MONEY monetary base was used to purchase the toxic assets of the financial Monetary Base by Year 1970-2013 crisis. This enabled the reserve ratio to remain intact, in case there was a run on the banks. 2008: The base nearly doubles The base rises at a slow and steady rate until the financial collapse With 1.2 TRILLION CAUTION lent to the top 30 banks in the world HELP! НЕ A money supply that is too quickly increased risks hyperinflation. A risk to all of us, and particularly the elderly, who are often on fixed incomes THE KEY TO UNDERSTANDING HOW THIS AFFECTS YOU IS TO UNDERSTAND HOW THE CYCLE IS CREATED... THE FEDERAL GOVERNMENT GOES INTO DEBT WHO MAKES MONEY (Ex: for a $30 Billion loan) ASKS THE FED FOR A LOAN TO COVER THIS MONEY $50B TAXPAYERS (LOAN WITH INTEREST) FED TRADES MONEY FOR FEDERAL BONDS $30B GOVERNMENT (LOAN) SELLS BONDS TO PRIVATE INVESTORS, BANKS $20 BILLION WORTH OF INTEREST FOR INVESTORS TAXPAYER MONEY PAYS OFF INTEREST ON LOAN SO, WHAT GIVES? (Or, why won't anyone stop this thing?) Hiccup ONLY NO ONE KNOWS... THE ENGINEER COULD BE DRUNK... Using the Freedom of Information Act, Bloomberg LP requested information on toxic asset Ron Paul's "Audit the Fed" aka purchases by the FED The Federal Reserve Bank of NY The Federal Reserve Transparency Act has passed overwhelmingly in the House 327 to 98, responded that it is not "an agency" and thus THE REQUEST WAS but has been held up in the INVALID. Senate for OVER A YEAR. HE'S RICH ENOUGH TO DO WHATEVER HE WANTS... The Fed is actually a PRIVATE BANK, owned by other large private banks: THE FEDERAL RESERVE %24 makes for a well-stocked Each required to keep 3% of their reserve as stock federal bank 12 REGIONAL BANKS, owned by 38% of the 8000 largest private banks in the Fed AND HE WROTE THE BOOK ON TRAIN WRECKS... (Maybe he was drunk then too) THERE IS NO ECONOMIC THEORY ON HOW TO IDENTIFY BUBBLES BEFORE THEY HAPPEN. OVERHEATING: When there is a prolonged mismatch betv supply and demand. Too much HYPERINFLATION money is chasing too few shares. AFTER RUN, TOO MUCH MONEY IS IN CIRCULATION BURST BUBBLE QUANTITATIVE EASING RUN ON DECREASED BANKS GDP causes more bubbles, inflation, and market stability in the long run: INCREASED GREATER RESERVE LENDING BALANCE SHEET ANOTHER LOWERED RECESSION BUBBLE INTEREST RATES STOP HOLD ON! STOP The Fed is subject to CRONYISM, POLITICAL PRESSURE, and LOBBYING. Let's hope all of our bank accounts don't start looking like our Nation's. ONLINE-ACCOUNTING-DEGREES.NET CITATIONS http://www.investopedia.com/university/thefed/fed2.asp http://www.pollingreport.com/institut.htm, (polling info, popular opinion) http://www.youtube.com/watch?feature%3player_embedded&v3DdZSZwKrl4S http://www.minneapolisfed.org/community_education/teacher/calc/hist1800.cfm http://research.stlouisfed.org/fred2/series/AMBSL/downloaddata?cid%3D12 http://www.forbes.com/sites/bobmcteer/2013/03/21/the-fed-has-not-been-printing-boatloads-of-money/ http://www.lewrockwell.com/2007/04/ron-paul/the-most-dangerous-monopolist http://www.forbes.com/sites/kenrapoza/2013/05/22/no-end-to-the-feds-asset-purchasing-til-2014-maybe http://www.globalresearch.ca/the-us-fiat-dollar-ponzi-scheme-digital-money-used-to- purchase-toxic-assets-from-the-too-big-to-fail-global-banks/5336990< http://www.bloomberg.com/news/2011-08-21/wall-street-aristocracy-got-1-2-trillion-in-fed-s-secret-loans.html http://www.wlf.org/Upload/legalstudies/legalopinionletter/102309Fleschert_LOL.pd http://www.factcheck.org/2008/03/federal-reserve-bank-ownership/< http://theeconomiccollapseblog.com/archives/11-reasons-why-the-federal-reserve-is-bad< http://www.jparsons.net/housingbubble/ http://www.huffingtonpost.com/2013/08/28/federal-reserve-employees-survey_n_3826165.html http://theeconomiccollapseblog.com/archives/11-reasons-why-the-federal-reserve-is-bad http://thetruthwins.com/archives/ron-paul-and-the-federal-reserve http://en.wikipedia.org/wiki/Reserve_requirement http://online.wsj.com/article/SB10001424127887323906804579036571835323800.html http://www.investopedia.com/university/thefed/fed4.asp http://www.2.fdic.gov/sdi/main.asp http://www.infoplease.com/ipa/A0763206.html http://en.wikipedia.org/wiki/Gold_standard http://www.federalreserveeducation.org/about-the-fed/history/ $ HUNDREDS $ 1800 1810 1820 1830 1840 1850 1860 1870 1880 1890 400 1900 1910 $ BILLIONS $ 1920 1930 100 200 300 1940 1950 1960 1980 1990 2000 2010-