TN8Man
Platinum Member
They didn't learn the biggest lesson, to get rid of our central (global) bank. They are the cause of our economic woes.
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tacticalturnip
Elite Member
The Federal Reserve is nothing but a bunch of damn criminals.
YanmarFever
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And there's nothing federal about the federal reserve.
Are Federal Reserve employees considered federal government employees and receive government benefits? No. Federal Reserve Bank employees are not government employees; however, Board of Governors employees are considered government employees.
Lawful money is currency issued by the United States Treasury, such as gold and silver coins, Treasury notes, and Treasury bonds. Fiat money, which consists of paper money and checks, is not lawful money but is considered legal tender.
The Federal Reserve Has Made Our Economy Less Stable
The U.S. economy was much more stable before the Federal Reserve came into existence. It bears significant responsibility for every financial crisis over the past century including the Great Depression, the stagflation of the 1970s and recent economic meltdown.
Are Federal Reserve employees considered federal government employees and receive government benefits? No. Federal Reserve Bank employees are not government employees; however, Board of Governors employees are considered government employees.
Lawful money is currency issued by the United States Treasury, such as gold and silver coins, Treasury notes, and Treasury bonds. Fiat money, which consists of paper money and checks, is not lawful money but is considered legal tender.
The Federal Reserve Has Made Our Economy Less Stable
The U.S. economy was much more stable before the Federal Reserve came into existence. It bears significant responsibility for every financial crisis over the past century including the Great Depression, the stagflation of the 1970s and recent economic meltdown.
“1999
It became more controversial over the years and in 1999 the Gramm-Leach-Bliley Act repealed the provisions of the Banking Act of 1933 that restricted affiliations between banks and securities firms.”
“What did the Gramm-Leach-Bliley Act emancipated banks from?
It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies, and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company.”
Gramm–Leach–Bliley Act - Wikipedia
Then along came 2008………/
Then came Dodd - Frank.
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Dodd-Frank Act: What It Does, Major Components, and Criticisms
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a series of federal regulations passed to prevent future financial crises.
Then in 2017 the Finance Choice Act, gutted Dodd Frank.
Financial Choice Act.
Financial CHOICE Act - Wikipedia
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“The USD is the abbreviation for the U.S. dollar, the official currency of the United States of America and the world's primary reserve currency.”
“Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning remnants of the system in 1973.12 The gold standard was completely replaced by fiat money, a term to describe currency that is used because of a government's order, or fiat, that the currency must be accepted....”
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Lawful Money: Meaning, Overview, History
Lawful money is any form of currency issued by the United States Treasury and not the Federal Reserve System. It includes gold and silver coins.