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7/6/2025, 5:48:42 AM
>>509629457
Federal Reserve Thread Series Part 3 of 4
https://archive.4plebs.org/pol/thread/494723606/
This thread summarizes the third in a series of four recent economics papers examining the current insolvency of the 12 regional Federal Reserve franchises.
The third paper explores options for reformation or replacement (abolition!) of the insolvent Fed. The paper begins with a historical analysis that chronicles the Fed’s many past policy failures & their respective crises & how the Fed’s response to said crises further enabled Fed accommodation of $trillions in deficit spending by Congress. The Fed’s four ‘prescriptive’ rounds of QE purchases of US treasuries & MBSs have now resulted in hundreds of billions of embarrassing Fed capital losses & ZERO remittance to the US Treasury since October 2022. But, somehow the Fed is still able to pay out dividends to its shareholders and able to pay out interest on Reserve Balances (IORB) to banks & interest on reverse repo transactions to money market funds (MMFs).
This paper has broad rule recommendations that aim to rein in the Fed & reduce both manipulation & subsidies by Fed market interference. However, these rule recommendations do not address the inflation and recessions already caused by the Fed’s monetary policies. These monetary policy shortcomings could be directly addressed by 1) the abolition of the Fed(!), 2) free banking & 3) commodity-backed money. This paper loosely represents a coalition of conservative groups & their suggestions on how to fix the insolvent Federal Reserve. It examines the current system of borrowing the Fed's private currency, the Federal Reserve Note, & how we can return the role of currency issuance back to the US Treasury, & thus back to the people.
Project 2025 Mandate for Leadership: The Conservative Promise (April 2023)
Chapter 24: ‘Federal Reserve’
Paul Winfree (& additional contributors)
https://static.project2025.org/2025_MandateForLeaders
Federal Reserve Thread Series Part 3 of 4
https://archive.4plebs.org/pol/thread/494723606/
This thread summarizes the third in a series of four recent economics papers examining the current insolvency of the 12 regional Federal Reserve franchises.
The third paper explores options for reformation or replacement (abolition!) of the insolvent Fed. The paper begins with a historical analysis that chronicles the Fed’s many past policy failures & their respective crises & how the Fed’s response to said crises further enabled Fed accommodation of $trillions in deficit spending by Congress. The Fed’s four ‘prescriptive’ rounds of QE purchases of US treasuries & MBSs have now resulted in hundreds of billions of embarrassing Fed capital losses & ZERO remittance to the US Treasury since October 2022. But, somehow the Fed is still able to pay out dividends to its shareholders and able to pay out interest on Reserve Balances (IORB) to banks & interest on reverse repo transactions to money market funds (MMFs).
This paper has broad rule recommendations that aim to rein in the Fed & reduce both manipulation & subsidies by Fed market interference. However, these rule recommendations do not address the inflation and recessions already caused by the Fed’s monetary policies. These monetary policy shortcomings could be directly addressed by 1) the abolition of the Fed(!), 2) free banking & 3) commodity-backed money. This paper loosely represents a coalition of conservative groups & their suggestions on how to fix the insolvent Federal Reserve. It examines the current system of borrowing the Fed's private currency, the Federal Reserve Note, & how we can return the role of currency issuance back to the US Treasury, & thus back to the people.
Project 2025 Mandate for Leadership: The Conservative Promise (April 2023)
Chapter 24: ‘Federal Reserve’
Paul Winfree (& additional contributors)
https://static.project2025.org/2025_MandateForLeaders
6/14/2025, 5:42:28 PM
>>507350563
Federal Reserve Thread Series Part 3 of 4
https://archive.4plebs.org/pol/thread/494723606/
This thread summarizes the third in a series of four recent economics papers examining the current insolvency of the 12 regional Federal Reserve franchises.
The third paper explores options for reformation or replacement (abolition!) of the insolvent Fed. The paper begins with a historical analysis that chronicles the Fed’s many past policy failures & their respective crises & how the Fed’s response to said crises further enabled Fed accommodation of $trillions in deficit spending by Congress. The Fed’s four ‘prescriptive’ rounds of QE purchases of US treasuries & MBSs have now resulted in hundreds of billions of embarrassing Fed capital losses & ZERO remittance to the US Treasury since October 2022. But, somehow the Fed is still able to pay out dividends to its shareholders and able to pay out interest on Reserve Balances (IORB) to banks & interest on reverse repo transactions to money market funds (MMFs).
This paper has broad rule recommendations that aim to rein in the Fed & reduce both manipulation & subsidies by Fed market interference. However, these rule recommendations do not address the inflation and recessions already caused by the Fed’s monetary policies. These monetary policy shortcomings could be directly addressed by 1) the abolition of the Fed(!), 2) free banking & 3) commodity-backed money. This paper loosely represents a coalition of conservative groups & their suggestions on how to fix the insolvent Federal Reserve. It examines the current system of borrowing the Fed's private currency, the Federal Reserve Note, & how we can return the role of currency issuance back to the US Treasury, & thus back to the people.
Project 2025 Mandate for Leadership: The Conservative Promise (April 2023)
Chapter 24: ‘Federal Reserve’
Paul Winfree (& additional contributors)
https://static.project2025.org/2025_MandateForLeaders
Federal Reserve Thread Series Part 3 of 4
https://archive.4plebs.org/pol/thread/494723606/
This thread summarizes the third in a series of four recent economics papers examining the current insolvency of the 12 regional Federal Reserve franchises.
The third paper explores options for reformation or replacement (abolition!) of the insolvent Fed. The paper begins with a historical analysis that chronicles the Fed’s many past policy failures & their respective crises & how the Fed’s response to said crises further enabled Fed accommodation of $trillions in deficit spending by Congress. The Fed’s four ‘prescriptive’ rounds of QE purchases of US treasuries & MBSs have now resulted in hundreds of billions of embarrassing Fed capital losses & ZERO remittance to the US Treasury since October 2022. But, somehow the Fed is still able to pay out dividends to its shareholders and able to pay out interest on Reserve Balances (IORB) to banks & interest on reverse repo transactions to money market funds (MMFs).
This paper has broad rule recommendations that aim to rein in the Fed & reduce both manipulation & subsidies by Fed market interference. However, these rule recommendations do not address the inflation and recessions already caused by the Fed’s monetary policies. These monetary policy shortcomings could be directly addressed by 1) the abolition of the Fed(!), 2) free banking & 3) commodity-backed money. This paper loosely represents a coalition of conservative groups & their suggestions on how to fix the insolvent Federal Reserve. It examines the current system of borrowing the Fed's private currency, the Federal Reserve Note, & how we can return the role of currency issuance back to the US Treasury, & thus back to the people.
Project 2025 Mandate for Leadership: The Conservative Promise (April 2023)
Chapter 24: ‘Federal Reserve’
Paul Winfree (& additional contributors)
https://static.project2025.org/2025_MandateForLeaders
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