All central banks siphon off wealth from their respective countries, through debt, paid via taxes. The debt they issue that winds its way into actual currency is calculated through a formula, which accounts for old currency that must be recycled/destroyed, etc. When credit cards became a thing, that vastly impacted the amount of actual currency required.
There exists a hierarchy of local banks to commercial banks to institutional banks, who report "up the chain" how much currency is required. They are all also required to have "on hand" a certain amount of assets to cover emergencies. As you might guess, there is an awful lot of "fudging" going on.
The money the "Fed" authorizes for spending through Congress is "printed" via a keystroke on a computer. It is loaned to the Treasury. In the case of the stimulus payments last year, the Treasury either cut checks or made funds available to individuals by direct deposit. No actual currency changed hands. It is all debt.
Over the decades since the Federal Reserve was created, the amount of stolen money is staggering.
The mathematical formula of the operation doesn't make sense either.. The Fed issues money as debt.. and that debt is owed with interest.. So the more money the Fed issues, the more debt is owed.. so eventually more and more debt is created without the ability to ever pay it back. The money that existed at the start of the Fed becomes a finite amount that no longer matters in the formula over time - so eventually the debt goes up and up until everyone but the Fed and its shareholders are poor.
Thanks for being one of the few OPs that actually interacts with people that reply to your threads. I have no idea on how this ruling and how the fed operates, (besides listening to an eBook about Jekyll Island) and when there is repertoire, it makes it easier for me (and others) whom lurk on specific threads such as this to understand the inner workings of these corrupt institutions.
If you believe what is being discussed over the grapevine, we will soon be carrying gold-backed currency. No more notes, or fiat currency. Russia has already made the switch.
Macron is just a WEF/EMCF puppet. No one will challenge Russia militarily...what worked last century can't be played again. What Putin has done is essentially the same thing Hitler did. He ran the central banks out, cancelled Russia's use of the international Swift system, and issued their own gold-backed currency. I hear that some other Asian countries may soon follow. Certainly his move has hastened the collapse of the U.S. Dollar as the world's reserve currency.
You can take a look at the new currency already -- search on "U.S. rainbow currency."
There is also a new QFS in the works, being tested as we speak. It stands for "Quantum Financial System," and is essentially a gold-backed digital currency, protected by blockchain technology. How it will be used, I don't know. Perhaps something like a credit card?
I've also heard about "turning back prices," essentially resetting prices for all consumer goods. That sounds a bit like science fiction. We'll see...
I have a theory that Q team is sitting on more gold that you can imagine. Repatriated from Vatican or other big Cabal institution.
Once BRICS is trading in gold they unveil the US pile and Fed fiat is no longer relevant. There will be competing currencies for a bit and people may side with fiat for a bit because it is familiar. BRICS gold cannot compare to this amount and will bring down the price of gold.
But just a theory. Do we have the gold? Yes
Yes must mean “WE” is not the cabal but “WE” is Q team America. If it meant the unelected government of the USA it would be of no use to us.
As a fellow dumbass that’s my read too.
The EPA can monitor and penalize individual power plants for excessive emissions, but can’t set an overarching industry wide cap on emissions. Now undo the CAFE standard automobile fuel efficiency debacle.
Let's hope not. The peeps who run the Fed would love nothing more than to get bailed out right before the collapse showing all was well until they were removed.
The masses need to know it was the owners of the Fed who were the source of their life savings going to zero.
I think a lot would hinge on what's written in the Federal Reserve Act of 1913 (I haven't read it). What powers did they give the Fed by law? I understand that the Fed is not a federal agency but a privately owned consoritum. It's confusing to me what the ramifications are but I suspect we're about to find out. I think the destruction of the Fed is a big part of a big plan.
NOIT DID NOT, HOWEVER THERE ARE AT THE VERY LEAST 50 DOMESTIC LAW FIRMS AND LIKELY 25 TO 100 INTERNATIONAL LAW FIRMS WHO WILL BE READING THIS DECISION OVER THE NEXT SEVERAL MONTHS AS THEY ALREADY HAVE CLIENTS INTENT UPON SUING VARIOUS FEDERAL AGENCIES FOR OVER REACH.
TAA DAA
FAR MORE IMPORTANT THAN THE ROE DECISION IN THE LONG RUN.
As well, at the global conference leaders were signing away their citizens' rights to the NWO handing them power over country governments "if they declare a global medical emergency? 1.st Anything like that should not even be considered until it is put on a ballot for a presidential election for people to have a say so on it (if a Canidate runs on doing such) 2.nd EVERY non-elected by the people group needs to step to fuck back and stay in their lane, regardless. Biden did not run on "When I am elected, I will hand over our sovereignty to a Global group that you did not elect.."
Lawfags, please correct me if I'm wrong, but my immediate reaction is that this ruling would not have any effect on the Fed simply because the Federal Reserve is not a federal administrative body.
Very interesting idea, RTT. Dept of the Treasury is indeed a Fed Admin body. Perhaps you're on to something but I must confess I don't know enough about the interaction between the Treasury and the Fed to know for certain.
u/#q2619
always with the sauce, Trumplican. Appreciate it.
"gold" must be code for an obscure West Virginia vs EPA court case
Kek!
It also means that Congress is responsible I believe.
Sure would be interesting if we (American citizens) could hold the alphabet agencies accountable for their nefarious games.
And we’re going to have a model test case for DOE ruling that boys get to use girls bathrooms or your state loses lunch funds.
Congress never gave them that power.
Good point Anon! We will get to see and know soon.
This. The Congress can put the breaks on at any time, so you can assume that the majority and leadership was good with what has been going on.
The power of the purse is king amongst federal power.
This pede fucks.
Right, what the ruling said was these agencies don’t have the authority to make laws.
The Federal Reserve doesn't "mint currency." It issues debt. The U.S. Treasury prints money.
Didn't Trump put the federal reserve under control of the US Treasury during his presidency?
Yes. Yellen ran the fed, she came back under treasury. So she technically is running Jay Powell, evil little penguin.
All central banks siphon off wealth from their respective countries, through debt, paid via taxes. The debt they issue that winds its way into actual currency is calculated through a formula, which accounts for old currency that must be recycled/destroyed, etc. When credit cards became a thing, that vastly impacted the amount of actual currency required.
There exists a hierarchy of local banks to commercial banks to institutional banks, who report "up the chain" how much currency is required. They are all also required to have "on hand" a certain amount of assets to cover emergencies. As you might guess, there is an awful lot of "fudging" going on.
The money the "Fed" authorizes for spending through Congress is "printed" via a keystroke on a computer. It is loaned to the Treasury. In the case of the stimulus payments last year, the Treasury either cut checks or made funds available to individuals by direct deposit. No actual currency changed hands. It is all debt.
Over the decades since the Federal Reserve was created, the amount of stolen money is staggering.
The mathematical formula of the operation doesn't make sense either.. The Fed issues money as debt.. and that debt is owed with interest.. So the more money the Fed issues, the more debt is owed.. so eventually more and more debt is created without the ability to ever pay it back. The money that existed at the start of the Fed becomes a finite amount that no longer matters in the formula over time - so eventually the debt goes up and up until everyone but the Fed and its shareholders are poor.
Loan shark debt slavery on steroids
IT'S CALLED ----> HYPOTHECATION!!!
Thanks for being one of the few OPs that actually interacts with people that reply to your threads. I have no idea on how this ruling and how the fed operates, (besides listening to an eBook about Jekyll Island) and when there is repertoire, it makes it easier for me (and others) whom lurk on specific threads such as this to understand the inner workings of these corrupt institutions.
Treasury. "Federal Reserve Note" -- "Note" meaning debt...issued by the Federal Reserve. It's a scam.
If you believe what is being discussed over the grapevine, we will soon be carrying gold-backed currency. No more notes, or fiat currency. Russia has already made the switch.
Macron is just a WEF/EMCF puppet. No one will challenge Russia militarily...what worked last century can't be played again. What Putin has done is essentially the same thing Hitler did. He ran the central banks out, cancelled Russia's use of the international Swift system, and issued their own gold-backed currency. I hear that some other Asian countries may soon follow. Certainly his move has hastened the collapse of the U.S. Dollar as the world's reserve currency.
I wonder if there's a way to buy a leveraged Rubles option..
how does this work? we will still carry the same bills, but without inflation?
You can take a look at the new currency already -- search on "U.S. rainbow currency."
There is also a new QFS in the works, being tested as we speak. It stands for "Quantum Financial System," and is essentially a gold-backed digital currency, protected by blockchain technology. How it will be used, I don't know. Perhaps something like a credit card?
I've also heard about "turning back prices," essentially resetting prices for all consumer goods. That sounds a bit like science fiction. We'll see...
Do you have a source for this QFS?
I have a theory that Q team is sitting on more gold that you can imagine. Repatriated from Vatican or other big Cabal institution.
Once BRICS is trading in gold they unveil the US pile and Fed fiat is no longer relevant. There will be competing currencies for a bit and people may side with fiat for a bit because it is familiar. BRICS gold cannot compare to this amount and will bring down the price of gold.
But just a theory. Do we have the gold? Yes
Yes must mean “WE” is not the cabal but “WE” is Q team America. If it meant the unelected government of the USA it would be of no use to us.
Damn good distinction and cleans up my understanding.
I think each case will have to be litigated separately at this point, but it sets the precedent.
It looked they said congress could still delegate authority. They just didn't do it right in that instance.
I'm a dumbass though, so who knows.
As a fellow dumbass that’s my read too. The EPA can monitor and penalize individual power plants for excessive emissions, but can’t set an overarching industry wide cap on emissions. Now undo the CAFE standard automobile fuel efficiency debacle.
Ooohhhhh.... We can hope!!!
Let's hope not. The peeps who run the Fed would love nothing more than to get bailed out right before the collapse showing all was well until they were removed.
The masses need to know it was the owners of the Fed who were the source of their life savings going to zero.
Does it get anymore illegal as the IRS?
MOARRRRR WINNINGGGGG!!!!!
I hope they remove that 'delegated Power'- Permanently!
I think a lot would hinge on what's written in the Federal Reserve Act of 1913 (I haven't read it). What powers did they give the Fed by law? I understand that the Fed is not a federal agency but a privately owned consoritum. It's confusing to me what the ramifications are but I suspect we're about to find out. I think the destruction of the Fed is a big part of a big plan.
u/#interdasting
Wow... the implications are immeasurable. Can we say goodbye to the IRS???
The little I read says that Congress can delegate the powers. It just has to be more specific about what it is allowing the parasites to do.
I was very skeptical in the beginning about the ruling because I don’t see any
REEEEEEEE
at the otherside
They are still scribbling "FUCK THE SUPREME COURT FASICST" in crayon on their parents' walls over Roe v Wade.
This ruling is too complicated for normies to understand or care about.
NOIT DID NOT, HOWEVER THERE ARE AT THE VERY LEAST 50 DOMESTIC LAW FIRMS AND LIKELY 25 TO 100 INTERNATIONAL LAW FIRMS WHO WILL BE READING THIS DECISION OVER THE NEXT SEVERAL MONTHS AS THEY ALREADY HAVE CLIENTS INTENT UPON SUING VARIOUS FEDERAL AGENCIES FOR OVER REACH. TAA DAA
FAR MORE IMPORTANT THAN THE ROE DECISION IN THE LONG RUN.
As well, at the global conference leaders were signing away their citizens' rights to the NWO handing them power over country governments "if they declare a global medical emergency? 1.st Anything like that should not even be considered until it is put on a ballot for a presidential election for people to have a say so on it (if a Canidate runs on doing such) 2.nd EVERY non-elected by the people group needs to step to fuck back and stay in their lane, regardless. Biden did not run on "When I am elected, I will hand over our sovereignty to a Global group that you did not elect.."
Is this a punch at Public Private Partnership, aka fascism?
rip in peace, OP
F
Someone missed an opportunity. I would have change:
to
Lawfags, please correct me if I'm wrong, but my immediate reaction is that this ruling would not have any effect on the Fed simply because the Federal Reserve is not a federal administrative body.
Very interesting idea, RTT. Dept of the Treasury is indeed a Fed Admin body. Perhaps you're on to something but I must confess I don't know enough about the interaction between the Treasury and the Fed to know for certain.
The Fed buys currency from the treasury.
No the Fed, its complicated because it involves constitutional amendment.
However, think SEC.
https://takeoregonback.com/2020/06/09/the-real-reason-trump-merged-the-us-treasury-with-the-federal-reserve/
Didn't the ruling hold that Congress didn't give the power to the EPA and not that Congress couldn't give the power to the EPA?
I'm puzzled about the likes when it's cancerous Reddit
Its from this site
The constitution says the congress must print and coin money, the col image act says gold and silver.
Oops.
I agree with the premise, I thinknCDC isnprivate
Love and Light 💕
No