Chat, is this true?

>>509827721 (OP)
Do you know about pre-1913?

Come on OP, I don't have all day. Are you a 1pbtid meme flag or do you actually want to learn something about this?

>>509828003
>>509828105
I want to know if the meme is true. I'm scared because that pretty much means money is fake and we live under a financial dictatorship/

The Truth.

Now here's another.

The Nazi's invented flying saucers in 1940.

>>509828215
Based on Viktor Schauberger's nature observation in the field of liquid vortex dynamics.

>>509827721 (OP)
Yes, it's true, and the NY Fed specifically is the most evil entity in the world.

16th Amendment was never ratified

>>509828183
The federal reserve and the income tax happened in the same year, that was not an accident. Before 1913, the govt made its income from tariffs. Tariffs allowed the govt to choose winners and losers, which lead to massive corruption. The system you have now was created with majority support because the previous system was so bad.

>>509827721 (OP)
Not chat but yes it's true. Congress abdicated their constitutionally prescribed responsibility to a private contractor with the federal reserve act. It would be the same as a defense contractor running the military. Oh wait.

>>509827721 (OP)
Must watch:
https://www.youtube.com/watch?v=bm6oeRgxs0A [The Money Masters]

>>509828183
Yes it's true.
IRS is headquartered in Puerto Rico
It's a private company owned by the British Crown

>>509827721 (OP)
it's not a private bank

>>509828545
>unelected international speculators picking the winners is better than your elected representatives doing it
Do you really think so?

>>509828183
The Fed lends to banks, which is how the Fed controls interest rates indirectly.
The IRS has nothing to do with the Fed. The picture suggests that the Fed lends to the government (which doesn't make any sense) and that this debt is paid for by taxes (no).
The debt your taxes pay for are bonds to private investors and foreign governments.

>>509828826
The federal reserve has a dual mandate, two jobs.
>Keep inflation low, around a 2% target rate
>Keep unemployment low
If they do those two jobs, they maximize GDP, which means the slice of pie the govt takes for income taxes is also maximized.
You can observe that income tax stays in a fairly narrow band as a percentage of GDP. If the income tax is too high, it negatively impacts GDP, shriniking the pie. But a much smaller slice does not positively impact GDP. So it is the Fed's job to grow the pie with it's dual mandate.

>>509829240
ya it's terrible

>>509829427
>It's the worst system, except for all the other ones.

>>509829847
Why are you using my thread to defend this system? Fuck you.

>>509829240
>GDP


https://en.wikipedia.org/wiki/Debt-to-GDP_ratio

>>509828756
>Poland flag
Yes, it is.

>>509827721 (OP)

> loans it to "us"

lmfao - more like loans it to their college room mates startup company that will go bankrupt in 5 years - hands it to black rock to buy up real estate and drive up real estate prices

>>509829903
I'm pointing out observable facts anon. I don't lie to myself. I've been here a long time. I'm interested in the truth, not your whining.

>>509827721 (OP)

I consider the federal reserve's creation to be the moment that the UK re-conquered the USA and USA has been manipulated by a desperate and weak europe ever since then

>>509829847
lol u r le epic troll

>>509829960
>Debt-to-GDP_ratio
we've been here before

>>509830483

>>509830635
>since 2014
zoom out

>>509828183
Welcome to reality bucko

>>509828727
No it’s headquartered in DC

>>509830312
Obviously you didn't lurk enough if it's what you consider the best system or you are a jew

>>509830709
>since 2014
The U.S. national debt has doubled, and the interest payments are outstripping annual discretionary spending now 2025.
Magnitude of debt, itself alone, is harvesting most of annual gov spending through Interest Payments (this was not the case 10 - 15 years ago)
We have reached a Magnitude of no return.

>>509831027
>the best system
here it comes, he's gonna shill a previous failed system
>>509831047
>We have reached a Magnitude of no return.
Yet we returned from this point before. Do you even know how we did that?

>>509831473
Torch the FED kill the jews and we will figure out a better system. If being new is all matter to you

>>509831473
>'this point'
What point?
Global debt topped $255 trillion in 2019 and $307 trillion in 2023, more than three time the amount of all global economic output. Total debt levels and deficit spending of the past thirty years has eclipsed that of the past several centuries of Western civilization, and absurdly low and negative interest rate borrowing costs have incentivized national governments to no longer borrow on the expectation that they will repay, but on the expectation that they will refinance.

It is a global Debt-Based Economic Model
founded on nothing but Debt
That has never existed before: (previous empires had currency systems that backed themselves, not debt note fiat currency as we all have post-1960s)
Global situation 21st century is totally unprecedented.

Prescient December 2019 video panel:
https://www.youtube.com/watch?v=SMHQaxd5N-Q

*Never before in human history* has the entire world been dependent on a single denomination of currency for all transactions as the default : USD
This isn't merely or solely about the U.S./its empire, it is about the entire world which is wholly dependent upon a single denomination as the default reserve currency (that is a debt note fiat currency) unit
No one wants to buy the debt, any more
https://archive.4plebs.org/pol/thread/500310690

Unprecedented
no one/nothing has been here before, and no one knows (not even top experts, though several of them agree on imminent consequences) what is going to happen

>>509832076
>What point?
Oh, you can't read a chart, that point >>509830483
Right there, in 1945. Do you know how we got out of that? It's a property of the current system. You can see it by looking at this anon's chart >>509828417
That's right, it was inflated away. And if you look carefully, you'll see how there was low inflation from 1980 to 2020 in that chart. Basically you're spoiled and have become accustommed to artifically low inflation for most or all of your life. Now it's time to pay the piper.

>>509832589
(You) have zero idea what (You) are posting about.
As regards fiscal policy, the U.S. government needs to maintain a 4 percent or higher GDP *growth* rate to sustain the $2T deficits it is currently running, without being swamped by a tidal wave of Interest Payments.
That doesn't even take into account monetary policy (of the treasury + central bank) which is buying back its own bonds i.e. putting unsold bonds onto the balance sheet of the Federal Reserve due to lack of demand despite all of the debt issuance

>muh inflation
The global debt market isn't going to last long enough for any of those scenarios to occur.
Someone/something has to keep buying the debt.
"muh hyperinflation" : Bank of Japan scenario, wherein the Federal Reserve ends up owning most of the Treasuries is likely to occur far sooner than any 'hyperinflation' scenario.
And as mentioned: global debt market is going to implode long before that. (This isn't about just the United States, its central bank. Entire world relies on and conducts business with USD denomination)
(You) have absolutely *ZERO* idea of what you're posting about. None

>>509827721 (OP)
The Federal Reserve only creates about 3% of the money supply. ~97% is created by commercial banks and credit unions through normal lending. The problem is where credit is being created: credit for productive business increases the supply of available goods and drives down prices, while credit created for consumption (consumer credit, mortgages, car loans) or asset purchase (stocks, bonds) causes price inflation. Inflation is what exacerbates wealth inequality. You can have a growing money supply and no inflation if your supply of goods being produced grows even faster. That’s how you get double-digit GDP growth for decades (e.g. Japan, Germany)