regnak
14th February 2015, 19:52
People misunderstand the federal Reserve which serves a purpose if there is a run on Bank by supporting the system .Helping out the banks also they regulate the Banks make sure they are obeying the law. The way the federal reserve was set up was as 12 branch's with each branch able to change with interest rate by plus or minus one percent during world war one it was changed to one rate it was never changed back.
In world war one the American government ordered the Federal reserve to buy American bonds to support the War effort however they never ordered them to stop buying the bonds before this to support the economy the federal reserve could only buy corporate paper.
People say that the American debt is very high at 18 trillion. America is the best of a bad lot world wide debt is around 236 trillion. America will only have problems if interest rates rise which will spell America doom. 18 trillion where did most of this come from in the 1980,s Volker raised interest rates to around 20 percent . if you take the interest rate America pays on it debt it would be only 4-5 Trillion even with all the Wars.
Gold standard okay even if it were still in effect Government would as always spend more than it earn making gold standard history. Going forward gold is only important as a hedge against government because government is moving towards electronic money so they can tax ever dime you make this is all about taxes and to make sure you pay your fair share. Ever currency throughout history has been fiat not gold backed it because government spends more than they earn which causes revolutions more taxes , less pay, more laws protecting them people eventually rise up.
When interest rates rise and they will in order for the government to keep the lights on and stop a invasion defaulting on there debts I suspect Government will guarantee pension funds private only because government pensions have been empty for years ( steal ) in a moved to safe guard all future pensions and current well fund is 20 trillion and it the only fund available to USA because they spent everything else ( who gets money government you get zip ).
Federal reserve is not the enemy they are not your friend either they serve a function . Federal reserve is a private bank that is true it is not run by the government it has share holders very secret ones but they can only make a small profit at every year all rest of the money goes back into the treasury of government.
England old Bank of England was privately owned up till 1950's British government privatised it all through height of British empire it was in private hands.
Emeny is Government spending money they do not have raising taxes defaulting on there promises then go looking for your money to fill there pockets and gives you more empty promises. In the 1930's nearly all governments defaulted on there promises to there people this fact was removed from history book.
rule 1, one year term for government max then they leave never to return
rule 2, no borrowing ever from government forbidden
rule 3 ,lawyer appoint judges only Scottish system
rule 4 ,no pensions for government ever forbidden
:p
In world war one the American government ordered the Federal reserve to buy American bonds to support the War effort however they never ordered them to stop buying the bonds before this to support the economy the federal reserve could only buy corporate paper.
People say that the American debt is very high at 18 trillion. America is the best of a bad lot world wide debt is around 236 trillion. America will only have problems if interest rates rise which will spell America doom. 18 trillion where did most of this come from in the 1980,s Volker raised interest rates to around 20 percent . if you take the interest rate America pays on it debt it would be only 4-5 Trillion even with all the Wars.
Gold standard okay even if it were still in effect Government would as always spend more than it earn making gold standard history. Going forward gold is only important as a hedge against government because government is moving towards electronic money so they can tax ever dime you make this is all about taxes and to make sure you pay your fair share. Ever currency throughout history has been fiat not gold backed it because government spends more than they earn which causes revolutions more taxes , less pay, more laws protecting them people eventually rise up.
When interest rates rise and they will in order for the government to keep the lights on and stop a invasion defaulting on there debts I suspect Government will guarantee pension funds private only because government pensions have been empty for years ( steal ) in a moved to safe guard all future pensions and current well fund is 20 trillion and it the only fund available to USA because they spent everything else ( who gets money government you get zip ).
Federal reserve is not the enemy they are not your friend either they serve a function . Federal reserve is a private bank that is true it is not run by the government it has share holders very secret ones but they can only make a small profit at every year all rest of the money goes back into the treasury of government.
England old Bank of England was privately owned up till 1950's British government privatised it all through height of British empire it was in private hands.
Emeny is Government spending money they do not have raising taxes defaulting on there promises then go looking for your money to fill there pockets and gives you more empty promises. In the 1930's nearly all governments defaulted on there promises to there people this fact was removed from history book.
rule 1, one year term for government max then they leave never to return
rule 2, no borrowing ever from government forbidden
rule 3 ,lawyer appoint judges only Scottish system
rule 4 ,no pensions for government ever forbidden
:p