vernon

The constitution gave the printing of money to the congress . when ww wilson to over he did away with government control of the printing of money. How stupid can you be.

RT friend Loc: Kangaroo valley NSW Australia

Money isn't printed any more, ! well only about 10 % of all $ are printed or stamped as coins, the other 90% of US new issue currency is represented by electrons showing up on computer screens.

Money now comes mainly from Provincial Banks and not from any one of the 12 Central Banks controlled by the Fed., there are maybe 1000 Provincial Banks (I don't know how many) who deposit probably about a 10% deposit as a mandatory requirement representing a portion of the full value of each new loan, they make this payment to the Fed to be held in trust until the loan is matured.

But this 10% doesn't have to be cash it can be some sort of equity maybe this deposit is worth nothing at all, this system is called Fractional Reserve Banking.

This system is World wide but because the USD is the leading Reserve Currency with the € £ and ¥ backing the USD up, and the Fed. can never be audited, the Provincial banks can wraugh the system as long as the World supports the USD as the instrument of calibration representing the value of goods and services being exchanged between trading nations.

That's another thing if the US didn't import much more than it exports how would there be enough $'s out there for nations to use as reserves ? US bonds are the same as $, if trading nations didn't have $ they wouldn't buy US debt, foreign nations buy US debt because traded goods and services are mostly denominated in $.

currahee506

Buy gold and silver and weapons. Make and protect your own bank. This is the only way to survive any government dependency and the continued "progressive" program of the banking cartel religious and economic atheistic and perverted parasites incrementally wending its way toward completely taking over all our lives.

tactful Loc: just North of the District of LMAO

Not I...heads are mellow, can installation say the same?

Louie27 Loc: Peoria, AZ

You are quite right with that post. The FED is controlled by the bankers and that is where any interest goes when they print more money.

tactful Loc: just North of the District of LMAO

Q E repeat anyone? We need more debt.

badbob85037

"The Fed should not be independent of the administration – never should be,"

The Fed should not be! But when everybody was home at Christmas with their families a few godless criminal democRats did what they always do. Screw every American man, woman, and child. With a flick of a pen these branch bait traitors undo what it took President Andrew Jackson 8 years to accomplish Turning control of our money over to the worst bunch of criminals on Earth, the Banksters. Along with Congress they own us. Every war since the French Revolution they have profited from both sides. The worst mankind has to offer. They are Satan's highest order holding on to the bottom link of the food chain with democRats hang on to the Banksters' feet. They have made the dollar worthless. Our tax dollars don't go to government. it goes to the Fed to pay off interest. Hang em all take their wealth and declare the national debt null and void and don't forget to include the stupid who got us here.

Louie27 Loc: Peoria, AZ

That is what the Dems thought when they wanted to add more money to the first budget Trump wanted passed.

tactful Loc: just North of the District of LMAO

is there some way no one knows or a better fix for shielding funds we don't have? fearless wants period.

Louie27 Loc: Peoria, AZ

There is no way we can shield funds we don't have. The government has to be more frugal and thoughtful about our money they spend. Too bad that the Dems used the SS funds for their pet projects and gave us only IOU's for the taking of our money.

tactful Loc: just North of the District of LMAO

Wonderful thought Re: government.more than one party had their fingers in the a SS til,even more for pet projects. indeed we can not do much with what we don't have, just don't tell,well,you know,wall eye. 😊

maximus Loc: Chattanooga, Tennessee

So, what are you complaining about? Did you pay attention to the part where Powell raised rates to slow Trump's exploding economy? I'll ask the question since you didn't..Do ya' think that Powell did that JUST to make Trump look bad? Probably so.
Do ya' think the media is biased for not televising something as newsworthy as the 4thy of July celebration at the Lincoln Memorial? Trump never one time took credit for anything, he gave it all to the people he recognized and to all of the branches of the military. Did ya' ever think the tanks and the planes were for Kim Jong Un's benefit? Trump was just there ya know....
In fact, what were you even thinking when you posted this?

factnotfiction

And who was it that appointed Powell?

And do you think the North Koreans, or any other country was impressed by four tanks parked on the side of a street?

If so, you must be easily impressed by a potatohead

maximus Loc: Chattanooga, Tennessee

Am I easily impressed? Let's see...the MSM condemned Trump for having a celebration to begin with, THEN they refused to televise it. Every member of the Democratic lambasted him for it. Everybody said he turned it into HIS holiday. All concerned berated him about the cost. I noticed one woman said how did WWII tanks impress anybody? She is ignorant that there is a NEW Sherman tank.
So, I think that for all the doo-doo Trump had to wade through, he did a magnificent job of celebrating "AMERICA"...not himself. Never have I seen so many American's and all of the military branches honored in front of the nation...or at least those that watched Fox. An idiot protestor said that the holiday was for bar-b-ques and get together's. WHAT? NO...It's the day we celebrate declaring our independence from a tyrannical monarch, which was followed by war. Without the individuals and military that Trump said Thank you to, there would be no America. It ain't me that's easily impressed, it the liberals that have prejudged and are impossible to impress. Absolutely NOTHING Trump can do will ever be recognized by the left.
I suppose you think that Iran should be allowed to have nukes, that we go to war with NK, that we give our a huge chunk of our gross product to China, that we have a rainbow for a national flag, execute Christians, turn our country over to people who are here illegally.
You know what's funny? Pelosi wants Trumps high school records, but doesn't want America to see her alcoholism records. Trump did a great job for America on the 4th.

Louie27 Loc: Peoria, AZ

If you think that just four tanks were present to show force you ae completely dumb and blind. They were just to show the American people that those, that man these machines, are loyal to this country and nobody better try to take them on.