I wrote a comment in another thread about the Federal Reserve, and I thought it was important enough to create a new thread for discussion. Here's what I wrote:

This whole thing Trump is doing is FASCINATING.

First, the Federal Reserve System is a PRIVATE BUSINESS, and NOT A GOVERNMENT AGENCY.

This was emphasized covertly by Jerome Powell himself.

A few months ago, during a press conference where Powell was bloviating as he does, a question was asked by a reporter about a new Executive Order by Trump and how the Federal Reserve would abide by it.

Powell had a VERY CAREFUL response, where he said that the Federal Reserve will abide by all applicable laws.

The reporter asked a follow-up question, and Powell said, "That's why I said all APPLICABLE laws."

You see, the Federal Reserve is NOT part of the Executive Branch of the federal government. Therefore, Trump's executive orders DO NOT APPLY.

As I understand it, the Federal Reserve Act does NOT give the POTUS any authority to fire anyone within the Federal Reserve.

He ONLY plays a role in nominations -- and this is FOR THE PURPOSE OF DECEIVING THE PUBLIC INTO BELIEVING THE FED IS PART OF THE GOVERNMENT, WHEN IT IS NOT.

The entire thing is built on DECEPTION.

It is a PRIVATE BUSINESS that has been granted MONOPOLY POWER to print money to be used by the insiders, for THEIR BENEFIT, at the expense of the public. This is why they have REFUSED ALL AUDITS. They do NOT want YOU to know how they SPEND all that money they PRINT from nothing.

Furthermore, I believe that Powell himself, as well as ALL other members of the FOMC and Board of Governors have NO REAL AUTHORITY to do ANYTHING, other than some symbolic and meaningless decisions.

IT IS ALL SMOKE AND MIRRORS.

No matter what anyone at the Fed says, the ONLY POWER the Federal Reserve has that has ANY MEANING is their ability to MANIPULATE THE MONEY SUPPLY TO THEIR OWN BENEFIT.

ALL other decisions -- interest rates, tracking employment and "inflation" (which THEY cause), hiring members for various boards -- ALL OF THAT means NOTHING.

PRINTING MONEY is the ONLY reason that ANY central bank is created, and they do it for THE INSIDERS WHO RUN IT.

I believe there are individuals behind the scenes, who are NEVER MENTIONED IN PUBLIC, who actually control the money printing.

Because, you see, 100% of the money printing is done ONLY at the New York Federal Reserve Bank, and NOT AT ANY OTHER part of the system.

This money printing is conducted by the NY Fed's "Open Market Operations," which is the buying and selling of treasury securities and other assets.

THIS is what allows the Fed to print money, and that also means to expand and contract the money supply. THIS is their true power and source of unlimited wealth.

Jerome Powell has NOTHING TO DO with that operation.

He is a puppet, used as the front man, and told what to say and which policies to promote.

But behind the scenes, OTHER PEOPLE do the real manipulation.

This is WHY the President of the New York Federal Reserve Bank is the ONLY member on the FOMC that ALWAYS sits in on those meetings. It is also why many Treasury Secretaries have been former NY Fed presidents.

These are the guys who are in position to know what is REALLY going on, and WHO is REALLY pulling the strings, from the shadows.

And they do it at YOUR expense by stealing your wealth from you. They steal from you by inflating away the purchasing power of the fruits of your labor, over your lifetime.

BUT ... they have done such a great job of CONNING the public, that even most "pundits" who speak about the Fed, and maybe even some of the Fed officials themselves, DO NOT UNDERSTAND HOW IT REALLY WORKS.

I mean, Herman Cain was a Federal Reserve governor at the Cleveland Branch, and he was an absolute moron. Where do you think he got the "9-9-9" plan he touted? He didn't come up with that. He was given it by Fed creatures who were testing the public to see if they would fall for the stupidity and unconstitutionality of a national sales tax. That would be the final nail in the coffin if they could ever get it passed.

The problem we have is that this system has been set up in a way that deceives everyone into supporting this corrupt and evil system.

IT STEALS YOUR WEALTH.

The value of the Federal Reserve Note ("US Dollar") has devalued 99% since it was first implemented in 1913.

Yes, it was backed by gold in 1913, but then devalued big time in 1933, and completely destroyed starting in 1971.

SCOTUS has allowed the Federal Reserve Act to stand as legal, and THAT needs to change.

I am certain Trump KNOWS all this, and I think he is doing his thing to slowly bring the truth out about how corrupt and dangerous the Federal Reserve has been, so we can get rid of it.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." -- Thomas Jefferson

The Federal Reserve, and its associated cartel of central banks (Bank of International Settlements, etc.) are THE (as in THE ONE AND ONLY) source of the power of the globalist system.

Forget USAID, the CIA, Mossad, and all the others.

It is the CENTRAL BANKING SYSTEM that has enslaved the planet, and will continue trying to do so ... UNTIL THEY ARE EXPOSED AND STOPPED.