We do know about the additional $16 Trillion the Fed printed up out of thin air to bail the European Union government central banks out in 2009 after the international housing market collapse. (That's equivalent to our 2009 entire GDP which reduced the purchasing power of the dollar to 60Cents.)
The Federal Reserve System straddles the fence. When the people cry out for an audit, they say, "oh, no, we are a private bank." When they want to start currency wars and a race to the bottom, then they pretend it is the order of the Executive Branch.
01.11.2024
"Grassley & Paul Seek To Audit The Fed"WASHINGTON – Sen. Chuck Grassley (R-Iowa) joined Sen. Rand Paul (R-Ky.) in reintroducing the Federal Reserve T***sparency Act, legislation to hold the U.S. central bank accountable to the American people.https://www.grassley.senate.gov/news/news-releases/grassley-and-paul-seek-to-audit-the-fed“ 'The Fed’s actions significantly affect our economy and Americans’ spending flexibility. It only makes sense that Congress and the taxpayer have insight into the factors that influence inflation and interest rates, which directly impact Iowans’ pocketbooks. Our bill would provide a sensible window into Fed practices,' Grassley said.
“ 'No institution holds more power over the future of the American economy and the value of our savings than the Federal Reserve,' Paul said. 'It’s long past time for Congress to stop shirking its duty and hold the Federal Reserve accountable.'
"The Federal Reserve T***sparency Act would require the nonpartisan, independent Government Accountability Office (GAO) to thoroughly audit the Federal Reserve System’s Board of Governors and reserve banks within one year of enactment and report back to Congress within 90 days thereafter. Specific areas that would be subject to GAO auditing follow:
"T***sactions for or with a foreign central bank, foreign government or nonprivate international financing organization;
Deliberations, decisions or actions on monetary policy matters, including discount window operations, reserves of member banks, securities credit, interest on deposits and open market operations;
T***sactions made under the direction of the Federal Open Market Committee;
Discussions? or communications? among or between members of the? Federal Reserve? Board and officers and employees of the Federal Reserve System related to? the actions listed above.?
Grassley and Paul are joined by Sens. Todd Young (R-Ind.), Mike Lee (R-Utah), Ted Cruz (R-Texas), Mike Braun (R-Ind.), Jim Risch (R-Idaho), Roger Marshall (R-Kan.), John Barrasso (R-Wyo.) and Marsha Blackburn (R-Tenn.).
"Stakeholder supporters include FreedomWorks, National Taxpayers Union, Taxpayers Protection Alliance, Frontiers of Freedom Institute, the Ron Paul Institute, Brownstone Institute, Heritage Foundation, Campaign for Liberty and Americans for Limited Government.
Bill text is available HERE."
It's been 111 years and the Fed has yet to be fully audited. This is an unconstitutional Marxist government central bank designed to c***t people out of the fruits of their labor, their hard honest work, stuck on the government plantation trapped in the ghetto in a game of Darwin's survival of the fittest. The poor can never work their way out of poverty. The money we make today is systematically devalued tomorrow. And then the GD Democrats pitch socialism as the solution after turning us into beggars?Audit the Fed, Abolish the Fed. Then shut down the United Nations and its Agenda 2030 to reduce the world population to a "sustainable 2 billion" by k*****g off 6 billion through endless wars. The easiest way to cure the world of disease and poverty will be to rid the world of socialism and c*******m. It has not worked in the past. It does not work now. It was never intended to work.
Shut down that counterfeiting bank. Turn off the Bubble Machine.We do know about the additional $16 Trillion the F... (