How The Federal Reserve Works (And Who Really Owns It)

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In this video, we'll explore how the U.S. Federal Reserve works. You might just be surprised as to who actually owns it!
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#FederalReserve #USA #History

[@BusinessCasual]

⚠ 📣 *MAJOR ANNOUNCEMENT:* Business Casual is suing KZbin. We have just published a feature-length documentary about our case. It is being censored. If you are a fellow creator, you need to watch this. ➡ kzbin.info/www/bejne/anrEgJiMnL9grcU

[@myrnalim8]

Hello, I am a television producer for San Francisco Public Access. We are producing a 22-minute television segment regarding central bank digital currencies. We would appreciate it if you would allow to use a 2-minute clip from your television show. Thank you 🙏

[@donovandonmaven5448]

@@myrnalim8 the information you need is out there, look at the bilderburgers, Netherlands

[@ericreingardt2504]

The fact a private institution calls itself "Federal" is just deceitful. It's painfully obvious

[@jacksevert3099]

LOL EVER HEARD OF FEDERAL EXPRESS!

[@tomlxyz]

What should it be called instead?

[@ericreingardt2504]

@@tomlxyz should be abolished and we should have a publicly owned institution instead

[@All_Amin]

@@jacksevert3099 yeah, you realize why it’s made billions ?

[@jacksevert3099]

@@All_Amin federal Express makes billions?????

[@mjnc3672]

I used to work for a bank, and was shocked how many employees actually believed the "federal reserve bank" was run by the federal government.

[@miztx2syuiip590]

Equally surprising - military not owned by fed or otherwise - it’s all in your head

[@Viva4La2Revolucion0]

Facts

[@Viva4La2Revolucion0]

And most people don’t know how money is made and how much money the government gives to the Market and Corporations

[@waltergroover5282]

Thomas Schauf publications are worth the reading time.

[@keshav2136]

@@waltergroover5282 I'll look at that

[@kalmartube]

You didn’t cover the part where the Fed charges the people interest on every dollar printed.

[@allysoobratty7565]

How it charges interest?

[@paul8158]

@@allysoobratty7565 By getting the amount through tax, collected by the IRS. A kind of 6% annual tax on the prosperity of the USA growing the banks into to big to fail behemoths

[@kalmartube]

They don’t print money, it’s debt. Look into factional reserve currency. How it’s created and multiplied by banking institutions. It’s a type of deficit finance. Printed out of thin air backed by nothing. And you’re charged interest on this illusion as if it was real and had real inherent value.

[@danielortega494]

@@kalmartube it may not be printed but it's still increasing the money supply, same effect as printing.

[@kashay4415]

@@kalmartube They do print money. And all money right now is debt. They print it and buy treasuries to give money to the Government which then puts it into the system.

[@mightbeahuman3442]

Fun Fact: Sense the Federal Reserve was created in 1913, the US dollar has lost 96% of its value, which means a dollar today is 4 cents in 1913, this is caused by inflation which happens when there is more money printed, when the amount rises the value falls.

[@mightbeahuman3442]

Nikolas Martins, our government needs to keep a balance, many places depend on the government printing money, to little could lead to a recession or even worse a depression. To much money and we could go to a double digit inflation or even worse a triple digit inflation which wouldn’t be fun. the problem with inflation is as we continue pumping money into our economy inflating it. It will become more and more unstable. It will be harder to stabilize the economy and prevent it from dropping to a depression or rising to a triple digit inflation.

[@Vn-no4fv]

A stable inflation rate is necessary to sustain economic growth, im not sure what was the point of your comment.

[@mightbeahuman3442]

@@Vn-no4fv do you think we have a stable inflation rate?

[@Cub__]

@@mightbeahuman3442 The real question is how does inflation stabilize or ever revert back to how it was in 1913 or is that impossible?

[@danielmar4532]

​@@nikolas4347 this aged well 😆

[@bookworm5464]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - Thomas Jefferson.

[@-__________abhinavtariyal_5999]

Still it is going

[@snailsaredumb9412]

He didn't really say this. I looked it up. I'm equally disappointed at that fact, but it does not make those words any less true or valuable

[@nunyabidness4946]

Homelessness would be awesome compared to locked into a financial soul trap. A property requiring taxes that must be paid using a single currency.... controlled by a "personality disordered" global leader. Revelation 13(mark of beast). Dr. Pippa Malmgren at the World Government Summit "We are on the brink of a dramatic change; we are about to abandon the traditional system of money and replace it with a new one, Digital Blockchain CBDC, which will give us greater clarity over every single transaction.” - Nokia chief executive officer Pekka Lundmark at World Economic Forum in Davos. "Nokia expects 6G systems to launch commercially by 2030, following the typical 10-year cycle between generations." "By then the smartphone as we know it today will not anymore be the most common interface,” he said. “Many of these things will be built directly into our bodies".

[@RM-lk1so]

Yes. ABSOLUTELY.

[@halbertking2683]

"The Federal Reserve isn't Federal and has no Reserve." Jim Marrs "The Federal Reserve is no more Federal than Federal Express." Dennis Kucinich

[@SerenityM54L2SAM5L5N1]

Yet the US economy is the strongest in the world and usually very stable, with this central bank dictating the economic conditions. Why should that be changed?

[@richardedwards6863]

Twisted scheme. Its like pot of ious

[@idontreply2236]

@@SerenityM54L2SAM5L5N1 wow you are a bank agent stop misleading people

[@thomasw.6796]

😆 Best thing I’ve read today! Thanks for the laugh my guy!

[@T2G-DJT]

Mark Simons Italy?

[@johnbemery7922]

They lost me at "the Federal Reserve, the cornerstone of the American economy"... The United States has had two earlier Central Banks, and when they got unplugged, the economy continued along just fine.

[@ryangloria2068]

Same, I hit stop. 😄

[@darksidegaz]

I’m so happy with this comment section 😂😂😂 yall are woke

[@hiighway7570]

@Gary S.Iknow bro 😆😆 ,glad we are not the only ones

[@darksidegaz]

@@hiighway7570 exactly bro! 😂

[@zill0678]

HERE HERE!!!!

[@jbloun911]

Criminals own it with no souls!

[@SuperDorran]

“It”. What’s it?? Educate yourself on “it”, and understand what “it” does for you and your money, just like the smart ones and you too will see.

[@omarsoto1892]

@@SuperDorran hahahaha keep playing dumb you know what it means so it's hilarious when people make remarks to defend it and continue to push their agenda come on man are you serious what are u 9 years old you don't know what it is hahahaha dude we know what's up and we know we can't do anything about it but who cares I'm not rich like them but I'm happy I love my life I love my wife I could care less

[@SuperDorran]

@@omarsoto1892, Noooo I’m not 9. I asked a straightforward Question, what is it? It’s not that hard. Now can you tell me what is it? Again it’s a simple question.I don’t care about nothing else you’re saying just tell me what is it.

[@p0k3mn1]

Oh so politicians ?

[@p0k3mn1]

The criminals are the politicians

[@edwardklein3093]

Printing debt out of thin air....

[@austinryan9382]

@Albus Regnum ...In debt to the Federal Reserve (Big banks). They control the countries finances.

[@tz4217]

That's how economy around the world works...... The stupidity on the internet is unreal

[@rondail9757]

Fiat currency

[@collinathomas7]

Dont go in debt lol

[@ZeroFcksGven]

ABOLISH THE FEDERAL RESERVE! "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" -- Sen. Barry Goldwater (Rep. AZ) "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized.... the worst legislative crime of the ages is perpetrated by this banking and currency bill." -- Congressman Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." -- Congressman Charles A. Lindbergh Sr. , 1913 "The financial system has been turned over to the Federal Reserve Board. That Board asministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923 "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Woodrow Wilson The Rothschilds "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863 "Give me control of a nation's money and I care not who makes it's laws" -- Mayer Amschel Bauer Rothschild

[@j4genius961]

You were not sponsored by Skillshare but by the Federal Reserve

[@ismailHossain-ln9ln]

Exactly

[@zachocracy]

I thought the same. He didn't mention *Edward Mandell House* who literally appointed the 1st members. (But we know why don't we?) *Edward Mandell House had this to say in a private meeting with President Woodrow Wilson* “[Very] soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which willeffect our security as a chargebackfor our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call “Social Insurance.” Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.” *Edward also was the leader of the Texas KKK*

[@jauntdolofof]

zacho cracy where did you come across this info?

[@jenningsmarcus7814]

zacho cracy g

[@thetman0068]

@@zachocracy the US didn't have Fiat currency until 1971 so it's literally impossible that he actually said that to Woodrow Wilson.

[@pwfrasier]

Even the 'lizard king theory' makes more sense than the pretty picture of the Fed you tried to push off 😳

[@ZeroFcksGven]

ABOLISH THE FEDERAL RESERVE! "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" -- Sen. Barry Goldwater (Rep. AZ) "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized.... the worst legislative crime of the ages is perpetrated by this banking and currency bill." -- Congressman Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." -- Congressman Charles A. Lindbergh Sr. , 1913 "The financial system has been turned over to the Federal Reserve Board. That Board asministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923 "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Woodrow Wilson The Rothschilds "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863 "Give me control of a nation's money and I care not who makes it's laws" -- Mayer Amschel Bauer Rothschild

[@40551385]

You win internet with this call. Jp Morgan Engineered the economic crisis precisely to create a central bank. This is pretty well known, yet conveniently not mentioned. This video is so bad I reckon even CNN could do a better job...

[@bbe3034]

Should watch KZbin channel- The Crypt, Mr Fagan speech from 1967 explains the New World Order and who is behind it ! Great video! Discusses the Rothschilds, also, and how they financed every war since Napoleon. Christ threw the money changers out of the Temple for this reason!

[@joeriley2936]

@@bbe3034 would you be able to drop the link to the video, I cannot find it

[@bbe3034]

@@joeriley2936 I’m embarrassed to say I don’t know how. Go to KZbin search bar and type in The Crypt channel. It’s a black and white video. But it’s only audio.

[@juliedesnick7401]

Good to see so many here know the truth of this scam!

[@housercj1]

But sad to see the like-to-dislike ratio is 4:1

[@Ohvips]

Exactly the is trash the lizard men are using use like trash and most don’t know it

[@iamhardwell2844]

@@housercj1 human is easy to be manipulate

[@albertrespress2522]

Now what do we do?

[@edz498]

Part of the scam is the internal revenue scam.

[@johnnyrockous]

This video paints such a pretty picture on the federal reserve! Hahaha Just check how the act was passed on December 23 when most of Congress were away on Christmas holiday. Probably the only way they found to succeed with the act which was passed by 3 people only. How about stating that in the video? Hm, maybe it wouldn't fit the positive vibe..

[@thetman0068]

Do you have proof of this?

[@michaelj.miller2477]

Or the fact that the federal income tax was never ratified....We are all getting scammed!

[@MrWatcher46]

@@thetman0068 - Read the book The Creature from Jekyll Island. It will tell you all you need to know. The statement in question you ask about it totally true. Some time after signing the Fed into law after the shady secret Christmas eve vote president Woodrow Wilson made this statement: "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - President Woodrow Wilson

[@spardasquadspqr3535]

He wasnt even presodent then, just elect

[@MileHighGrove]

The Mad Gentleman don’t ever trust anyone’s proof find it yourself!

[@MultiDb99]

Having been to Jekyll Island in Georgia, you'd honestly never know that the entire foundation of the USA's economic system was created there. Got a nice waterpark though.

[@roberthertz6634]

Quit complaining u STILL can pay taxes.

[@eliezercohengoldberg1381]

Yeah summer waves is cool lol

[@kelleymouton5388]

Didn’t JP “miss” the maiden voyage of the TITANIC..... his good friend the Astors were on the boat and Guggenheim.... suspicious Id say!

[@akunlama89]

Doesn't JP Morgan want to kill JJ Astor In Titanic? JJ Astor Oppose the Creation of Federal Reserve So JP Morgan Sunk the Titanic.🤔

[@SpirusOfH]

Are you actually saying that a rich dude with a bank sunk the single largest water vessel ever built? Are you saying that the iceberg was faked and that the ship never hit anything, or are you saying he somehow convinced an ungodly amount of people to risk their lives to sink a ship that they have either invested millions of their money into or have dedicated and allocated huge periods of their lives to, both before and after the maiden voyage? Just to what? Get a couple of bucks from some guy called John?

[@azurbleu4335]

A bit like Silverstein . He didn't go to work because of his dentist . Thank to him , he won the lottery , that day

[@jmontoya4689]

Whose to show what an exceptional person he was. We we're lucky to have him .

[@jamesholcomb1401]

@@SpirusOfH George Bush lied about 9 11 yeah they are that desperate to keep power

[@callen78]

This is literally trying to make the banking system seem benevolent. Makes me want to puke🤮

[@TexTalksSometimes]

I'm a socialist too, but, like Marx and this guy, there's nothing wrong with being impressed with certain aspects of the capitalist system. It is fascinating in it's complexity, and needs to be understood in order to pinpoint the problems and to design an effective system to replace it.

[@gonzobandito]

@@TexTalksSometimes What exactly is this effective system to replace it? I haven't seen it. Honestly asking. I'm not trying to be condescending.

[@TexTalksSometimes]

@@gonzobandito this book outlines one possible such system. China's, Vietnam's, and Laos's systems use capital but built into theirs is a pathway of gradually phasing it out and we will see how that goes. And then of course there is Chiapas and Rojava, which seem to be operating well enough, but I have my doubts long term as those communities expand

[@brendenkennedy5538]

@@gonzobandito State banks. Imagine if all of that interest that the federal reserve gained went back into America. Imagine the trillions in debt were used to offset taxes instead. Look up Imperial Russia before Bolshevick revolution. It was one of the most prosperous countries in history using state banking.

[@ZeroFcksGven]

ABOLISH THE FEDERAL RESERVE! "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" -- Sen. Barry Goldwater (Rep. AZ) "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized.... the worst legislative crime of the ages is perpetrated by this banking and currency bill." -- Congressman Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." -- Congressman Charles A. Lindbergh Sr. , 1913 "The financial system has been turned over to the Federal Reserve Board. That Board asministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923 "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Woodrow Wilson The Rothschilds "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863 "Give me control of a nation's money and I care not who makes it's laws" -- Mayer Amschel Bauer Rothschild

[@johnnyf9935]

Power + Secrecy = Corruption

[@God-yr9rs]

Corruption + People who think that they are doing good by taking power from the people = Federal Reserve. It's always the same. Corruption + "fighting against the rich" = Income Tax.

[@Andy-em8xt]

No knowledge on economics + Conspiracy thinking = Fed conspiracy theorists

[@God-yr9rs]

@@Andy-em8xt Central banking has been historically harmful to long term prosperity. Causing a very unstable business cycle. Look at Japan. Having roughly the same size of the economy just like in the 1990s. Look at western Europe. Stagnating for 10 years. That is the fate of the U.S There is no actual conspiracy. It's just the government getting bigger and bigger until it collapses the entire private sector. Now, many Extreme left and Extreme right take this to actual racist theories. That Jews do it on purpose or something like that. The problem is that they Identify the problem. But they don't identify the cause, and the ones to blame, and their solution will harm society just like the thing that made them extreme.

[@kurttanner5855]

@@Andy-em8xt in 1900, the United States had the second strongest economy in the world. And we paid no income tax at that time. From the early 1800s, till 1913, the dollar was worth exactly $1. Today it's worth $0.03.. If you read the Constitution, the Federal Reserve, the IRS, and the stock market, are all illegal.. In 1984, Ronald Reagan said on national TV, that 100% of your income tax, goes to the Federal Reserve. It doesn't pay for the military, schools, police departments, roads, or things like that... I actually remember watching that speech... We have been lied to for centuries. We are not free. We are slaves to the elite of the world.

[@michaeldesanta8109]

@@Andy-em8xt lol what happened andy still think it's a conspiracy theory even the bible says that borrower is slave to the lender

[@rmondave]

Do you really think the FED was created out in the open, or it was the biggest clandestine heist in the history of man? You'd be correct if you chose the latter.

[@farrukhahmad555]

Can you Give me a chance for work I Do Asset Manager, Accounts And Tax Manager , Transfer Handle, Audit Manager, I Do work for you Safe And Honestly And Secure

[@azulmakesart5844]

I don't think a country becomes rich from a central bank.. It becomes rich and powerful from the goods and services the private sector produces..

[@gunturtriantaka7002]

Printing money isn't hard...

[@ChristAliveForevermore]

The value of those goods are determined by the central banking authority. Hence why the value of gold changes over time. Oil doesn't change, but how we value oil does. Same goes for food, housing materials, and other valuable metals. What this means is that the Fed, who prints the U.S. Dollar that 80+% of the world trades in, also determines the value of the U.S. Dollar by influencing inflation and the debt-to-asset ratio which is constantly rising thanks to the *interest the Fed charges on every U.S. Dollar printed.* They are, hands down, in control of every economic value thanks to how they control the value of the wealth they print. Fiat currency is poison, and central banks are what administer the poison.

[@ivansaric33]

It's almost surreal that a government would allow a Private consortium to print it's money, it's not hard to print a boot full of cash to pay off a politician if you're already printing ship loads of it

[@Cub__]

@@ivansaric33 The more you know right? Very shady what goes on behind closed doors at these top levels of power if you will.

[@raymondfrye5017]

What you said is true. But it is also true that the money used to pay for both needs elasticity to serve as the means or medium of exchange.

[@waveatthelighteveryone5899]

What a wonderful job of circumventing how nefarious and unconstitutional the creation of the federal reserve was!

[@platoscavealum902]

Do you care to explain the "unconstitutional" part?

[@Cub__]

@@jakesanders136 It's a very shady and complex mess how everything is established and flows regarding the bank. So if this is unconstitutional by definition then what should be done, any ideas?

[@Cub__]

@Fearless Joy I definitely need to get some Guns, it's on my list. I'm young and a lone wolf, the people around me don't think like I do.. I want to find more like minded individuals.

[@mj6463]

@@Cub__ I’m gonna be honest, that sounds kinda terrorist-y, I get what you mean but bro, learn to phrase things better lmao. You absolutely should be armed, and vocally against some of this stuff, but the fight we really need is a political one. Run on these issues, or work to drum up support for them. The last thing we need is another “lone wolf” with some debatably real manifesto helping the fed seize power and ban more shit. Right now the action which will change things is politics and culture, not force. You should have that capability of course, but it is not effective right now, and certainly not preferable to a political solution.

[@Tboy439]

@@Cub__ ....well, there were 2 main reasons why JFK was murdered. First, he signed the executive order 243 that would have pulled all American troops out of Vietnam by 1965. Second, he wanted to take the power of the Federal Reserve away and give it back to congress and the American people. He had already printed over 5 billion dollars in 5's and 10's that were called Silver Certificates, and we all saw what happened to JFK. Many older people know about the silver certificate but not the story behind it as they were removed from circulation immediately after JFK's death. BTW, within days of JFK's death, Johnson countermanded JFK's order 243 with order 253. The telling part of this is the original draft of order 253 was dated Nov, 21, 1963. And unless your using common core math, that's the day before JFK was murdered. America is doomed, and there is nothing anyone can do about it.

[@Dreadly]

Federal Reserve - 1913 Balfour Declaration - 1917 America enters WW1 - 1917 America has been unable to pay off any debts since WW1. Interesting isn't it?

[@sirloin7633]

its all by design sad what these monsters can get away with

[@beavinator420]

Lincoln started printing greenbacks and we know what that cost him. Then JFK tried to do that as well while exposing the zionist agenda and the nuclear weapons in Demona Israel

[@sirloin7633]

@@beavinator420 ya, but im of the opinion they use Israel as a boogie man, i know its complicated but look at how everyone blames the rothchilds. it makes them seem like anti semites, the black nobility are the true power players and they use rockafeller, rothchilds and the gates' and bezos' of the world as a smoke screen. look into the two popes and the black nobility, there isn't much too find but those are the ones who truly run the show. you don't know their names because they don't want you too.

[@clay7182]

@@sirloin7633 you and others on this comments section are a breath of fresh air! So Many people are brainwashed

[@billmiller4742]

@Sir Loin although I understand your perspective, I'm not sure I completely agree with Israel being a mere boogie man; I suppose it depends on how we're defining "control". Zionist lobbyists and other Israeli entities have massive amounts of influence towards our foreign and domestic policies. They also control our media, education agenda etc etc... That being said, they very well may not be the ones pulling the strings, but they have been given free reign to carry out whatever evil, manipulative agenda that has been put in place, by the likes of the black pope, Jesuits, and the Crown.

[@redjoe3575]

I’d like to know who is backing JP Morgan back in the early 19th century... oh the Bank of England...hmmm

[@markwb0]

And who owns the Bank of England from 1820 onward.

[@xav215xl7]

@Red Joe It doesn’t matter cuz britain bows down to USA always did & always will. 🦅.

[@IlikeTrainsguy100]

Xav215 XL American arrogance is second to none

[@praetor9822]

@@xav215xl7 Hah! If anything we bow to them.

[@ProjectChaos77]

The Rothschilds... they’ve started and funded every war known to man.

[@ImmaBeast713]

Anyone ever wonder how does a country that prints its own money can be in debt?

[@maria-bq9nj]

It's currency doesn't have any value to back it up lol it's "believed" that JFK died bc he wanted to create a currency that had silver or gold to attached to it's value. But who knows...don't want the elite to come for me hahaha

[@nicolaibrinchmann7750]

This is only a promo for the fed reserve... how much did they pay you?

[@gokulakrishnan6628]

Hello nicolai

[@gokulakrishnan6628]

I want a help

[@JC-dq6us]

Why would it pay such a small channel? I am not sure whether this is sarcasm or not though.

[@ZeroFcksGven]

ABOLISH THE FEDERAL RESERVE! "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" -- Sen. Barry Goldwater (Rep. AZ) "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized.... the worst legislative crime of the ages is perpetrated by this banking and currency bill." -- Congressman Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." -- Congressman Charles A. Lindbergh Sr. , 1913 "The financial system has been turned over to the Federal Reserve Board. That Board asministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923 "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Woodrow Wilson The Rothschilds "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863 "Give me control of a nation's money and I care not who makes it's laws" -- Mayer Amschel Bauer Rothschild

[@RobertMOdell]

Business Casual. Propaganda attempting to make the FED system look legitimate.

[@williamjefferson1491]

Yeah I can see right though this bullshit

[@God-yr9rs]

Bunch of Keynesian bullshit. In all of the panics before 1913 the excess loss was only 0.1% of GDP on average. Now an average banking crisis makes a 10% loss in reserves.

[@dariusdarkshadow1288]

If is

[@mcgrathc123]

oh really give me the truth then, cloud people? Lizards?

[@RobertMOdell]

@@mcgrathc123 Nope. Humans.

[@octaviusdelmonte9019]

I just feel that, such an important institution there should be some transparency with regards to who the shareholders of it actually are. there's so many people sacrificing so much showing such loyalty to an institution where we have no idea who actually owns it.

[@claytonmuirhead2722]

The shareholders list is public record. It could not be more "transparent".

[@dyraz4452]

@@claytonmuirhead2722 where can i find it

[@SaintKines]

@@dyraz4452 you can't post links here anymore but Google it. Though it wasn't too long ago when you would've been right. The list was released after pressure not too long ago.

[@minnesotajack1]

The smartest idea they had was to name it The Federal Reserve. “Huge Private Banking Conglomerate” wouldn’t have gone over very well

[@koryvogel3197]

Who really owns Business Casual?

[@ibrahimpatel691]

Skillshare !!

[@Eric-pw4ip]

The fed

[@justclickedtodislike9236]

Probably CIA. It's all misinformation

[@chugmonkey666]

Lizard people.

[@jayl3840]

You can blame the repeal of the Smith munt act.. The government can now legally produce and show propaganda in the United States

[@ForeverFootball3]

he makes them all seem like saints that saved the world!!!

[@NonaNona-bl4it]

They did! Except for the great depression, stagflation in the 70s, crashes of 1987 and 2008... You can count on any investment to crash within 20 years. Might as well buy gold and hide it in a mattress

[@Sir_Pumpington_Of_Dumpenshire]

@@NonaNona-bl4it what is exactly is gold supposed to do during an economic collapse? We're not going back to the gold standard.

[@Purviloveslife]

@@NonaNona-bl4it We Hindus are way ahead with all this, plus much more other things, lol

[@SniperDizzyJohny]

@@Sir_Pumpington_Of_Dumpenshire you dont eat money nor gold. Debssament of the currency is nothing more than an extra tax to the wages in form of inflation.

[@barry1369]

They print paper out of thin air and call it money. The value of the dollar has decreased enormously ever since

[@jacobmccutchan5943]

Our world runs on the golden rule, but not the one they taught you in school: He who has the gold, makes the rules.

[@tertiary7]

psst.. secret: there's no gold

[@Luke-eg1gn]

Not in the US, no. But the gold is somewhere. Have you figured it out?

[@farrukhahmad555]

Can you Give me a chance for work I Do Asset Manager, Accounts And Tax Manager , Transfer Handle, Audit Manager, I Do work for you Safe And Honestly And Secure

[@illumination101]

Yeah, they passed it while most of Congress was on recess for xmas.

[@wojtekthebear4958]

Turns out people will upvote wrong information. Who knew? The Federal Reserve Act passed the House in September, before the Christmas season, and passed the Senate with a vote of 54-34, meaning at least 88 Senators out of 96 (no Alaska or Hawaii) voted on it.

[@seraph3761]

George Washington won our independence on Christmas against the Brits. Our independence was lost on Christmas Day in 1913. The irony.

[@se7ensnakes]

People buy a house, or car, or they borrow to maintain their businesses, or they use it for education, or they use a credit card. Look closely at a mortgage contract for example, aka promissory note. In this mortgage contract you signed in promising to pay back some alleged money with interest. But other than "VALUE RECEIVED" do you see the bank promising you anything? In your mind you correlate the "VALUE RECEIVED" with the money you actually get. You think that the bank actually took some money from deposits or excess reserves, or investors. But the bank never did such a thing. What they really did was to convert the promissory note, which is said to be a negotiable instrument, and deposited it in a special TRANSACTION ACCOUNT. This account had 0 money in it until it deposited the promissory note. As the money is paid the promissory note is worth less and less until it is completely paid and the account zeros out. If, for example, you borrowed 100.000 dollars for 30 years at 6% you will pay 116,000 dollars in interest. The bank keeps the interest paid but it does not keep the principal 100,000 dollars. This 116,000 dollars is extracted from the economy. The bank never provided any consideration. With so much money extracted from the economy, they bankers were able to monopolized ALL multinational corporations. This is concentrated power that no politician can ever counter. This is why media is basically what these financials want the working people to hear. These promissory notes are the core of the problem. This is why America is captured.

[@bookworm5464]

Presidents who opposed Central Banks: -Thomas Jefferson -Andrew Jackson -Abraham Lincoln -James Garfield -William Mckinley -John F. Kennedy

[@janshuster1426]

Thanks for this simple explanation. I always wondered how to become an owner and who got the earnings.

[@krrk6337]

“Gold is money. Everything else is credit." - JP Morgan There's a reason the guy said that by himself. Think about that people.

[@dimaniak]

Gold caused Great Depression

[@Koushi82]

fractional reserve and too much debt caused great depression.

[@marwenjuini8488]

@@dimaniak you are wrong again. Monetary policy and printing out too much money caused the Great Depression.

[@ricanking20]

If he said that by himself, how does anyone know he said that?

[@marcobuffon8502]

@@dimaniak Gold didn't cause great depression jp morgan and rockefeller and rotschild did they wanted all gold so in 1934 every american had to give all their gold or go to jail for 10 years now these guys have huge gold supplies

[@joshuahebert9949]

The problem is that there's unregulated interest by this private body legally. Meaning there's no competing banks to give bonds to the treasury department, which is a legal monopoly. This is in place so they can balance the economy by changing the interest rates, but the FED has a terrible track record since it's inception.

[@castlecallahan1769]

"People started withdrawing whatever they had, bankrupting otherwise healthy and solvent banks, simply out of fear." Um no. If the banks had sound business practices, they would be able to uphold their promises to pay back to depositors. The banks' act of lending money that they also owed to depositors led to their destruction, not public fear.

[@davidkramer8858]

In 1953 in a federal reserve meeting the speaker said feed the people aluminum sugar and salt drugs alcohol and tobacco and we will expire before we retire .think about that I prayed and asked what do these all do to humans ? Answer Oxidation of our cells on a molecular level

[@barkydarky-op4jx]

We know who really owns it we just aren’t allowed to say it

[@Macorian]

The Dutch central bank worked quite differently from the Fed, and indeed the bank of England. Anyways, the Netherlands were by no means backwash, even before, so it's not true the bank made them great. But yes, it helped finance war against Spain and expand trade. The British used their Bank as primary means of exploitation, much like the Fed today.

[@pattiwillis-leake1686]

Someone's always going to control the currency of a country why not the big banks and the politians who run the scam.

[@beckiwildeman600]

Banks are in the Business of Securities. Ask yourself what those securities are, how those securities have been made legitimate without your knowledge and how much has been stoled and invested from you... O what webs they weave to deceive.. When people literally read the words on the RESERVE NOTE and why every deposit has not been paid nor has a mortgage been set free by signature than we then may begin to understand How has the Creditor fallen!! And if you think the Banks are the Creditors you absolutely need to start researching.

[@joshmeyers372]

Read the book “Shadow Men” by Dr. Anthony Napolean. Also the “creature from Jekyll island”

[@brettmarshall5895]

Just a thought experiment. The main point of the federal reserve is to regulate physical currency. A bank run, is when people want all their money (in the bank making small interest gains) in their hands, when the banks are using their money as loans for interest profits. So the money isn’t there. But they want their money. Theoretically, with digital money, would this still happen? You could still uses your digital money’s value, regardless of where it is? Or is the value gone? Because it’s been loaned by the bank? And you can not use it because it’s been loaned?

[@buenobeo860]

The company which is listed on the stock market and whose shares are traded by the public is not in a public sector but privately owned. The Fed is the same. It's not owned by the State and how does it happen to control the monetary policies? It's a very bizarre thing which is happening in the US.

[@farrukhahmad555]

Can you Give me a chance for work I Do Asset Manager, Accounts And Tax Manager , Transfer Handle, Audit Manager, I Do work for you Safe And Honestly And Secure

[@gudmundurrafngeirdalbragas1513]

It was quite complex for me to understand those twelve regional banks that make up the Federal Reserve. It also surprized me how many the shareholders are but the profit of some 80 minus 13 billion dollars somehow didn’t surprize me. This is a private enterprice after all, with very skilled people that have had a century to master the art.

[@Cub__]

Shady is what it sounds like to me, monopoly even.

[@iaminvisible2889]

Longer than a century agree with everything else scum of the earth. Give a man and he can rob a bank give a man a bank and he can rob the world

[@RM-lk1so]

Rockefellers. They financed both sides of the French revolution. Thats how they made their Billion. Seriously need to BREAK down all the names of those that sat on the Board of the fed res. Bank and learn how they made their riches Their all FKN EVIL LIERS AND CORRUPT PsOS. Their all thieves and liers. Seriously do your research.

[@devluz]

Hmm I am not sure if the video actually answered the question in the title ... How does the federal reserve work?

[@vincentfalsitta5332]

@Donald Kasper so how does this help the average person. get wealth. and who really profits from it. all. how is it that the president stops the Federal government to stop raising interest rates. the wealthy evaid taxes.

[@victorrosas7692]

@@vincentfalsitta5332 all presidents are puppets if voting worked it would be illegal

[@mikespearwood3914]

@Donald Kasper No, the money is literally the property of the US Federal Reserve. The debt is owned by every citizen though!

[@tz4217]

@Donald Kasper you need to have certain tax rate to retain inflation, the demand for the dollar keeps inflation down

[@curtiscarpenter9881]

A organisation like this must understand the collective consciousness based on it being higher and lower. To achieve what is beyond the knowledge but to the consequence of the whole. A reciprocal relationship between the changes made and the reaction to the changes made influence how a economy grows every year and maybe 30 times larger now 30 years ago.

[@scottdunn6308]

It's a good overview your leaving a lot out but I like it!!! 😁 thank U

[@ab5242]

The power they have not just on US but whole world is just unimaginable.

[@quito787]

This glosses over a lot of important details that are better discussed in other documentaries on the fed

[@XpnLef]

quito787 care to elaborate ...

[@b.l.1414]

These are purposefully easy-to-digest videos that intentionally lack real depth for our TL:DR society. I agree that a proper documentary would offer substantial information.

[@dand33911]

JPMorgan is the Rothschilds. Along with pretty much everyone else that "built America", they did it with Rothschild money. The Rothschilds have funded both sides of every war since Napoleon. They run big Banks, cause catastrophes, so they can then buy more at cents on the dollar.

[@gabbar51ngh]

@@dand33911 thry lost their wealth with the end of British empire. Since USA took over, all the richest men on Earth were from USA. These conspiracy theories are stupid.

[@Ambiview]

I think that everything has a price and that money can be very deceptive. Over time, money has become the driving force behind our decision-making, but is just a mirage that we think is more valuable than it actually is. It's really interesting to think about how money has evolved over time from things with a practical purpose to the digital currency that we have today. If people truly knew the true purpose of money, then I think they could possibly change their approach to life. I recently released a video that examines the evolution of money, its creation and true purpose on my channel. It expands on some of the ideas that you talk about here. Great job and keep up the good work! Liked and Subscribed!

[@miguelmend174]

The federal reserve was born in 1913, the great depression was in 1929 ...

[@cocoleti4474]

(Ron Paul Intensifies)

[@gardelitozz7184]

*triggered

[@christianweibrecht6555]

Ron Paul has lost his relevance

[@nnalan4886]

@@christianweibrecht6555 You were never relevant

[@josephleonard6695]

@@christianweibrecht6555 it's not about the persona. it's about the message.

[@sarthakt.287]

BC: "...being operated by a lizard." Me: Tis' gonna be a good Friday.

[@erik-001-]

Sarthak T. 😂😅

[@ismailibrahim5341]

Federal Reserve is not Federal ( it is a private company ) nor does it have any actual Reserve ( like Gold or Silver ) !!! It's just like LOTR One Ring to rule them all.

[@jimpanzer07]

The Creature from Jekyll Island, a must read book on the fedreal reserve

[@Roblolord]

6:07 I swear there’s an anime cat girl in the back

[@YOUSSEF9587]

good catch

[@alexbeerune]

Amon Ra yes there is

[@Zekr0_]

Its a boi ☠️

[@collinathomas7]

Its in all the videos lol

[@zachocracy]

Thanks for the history lesson, but... this is *nowhere near the full story* on this video, as *_you didn't mention Edward Mendall House_* who literally appointed the 1st members. _or that they've never been audited_ _or the gold standard doesn't exist_ _the federal reserve is part of the global banking system, just follow the royal families_ _fed reserve is an independent entity, seperate from the US entirely_ _fed reserve is a glorified ponzi scheme_ The stock market is a joke btw... I used to work at a printing press that ran the Economist and we got the magazine a week before release that had 2 week future stock trends. How could I have made tens of thousands of dollars if it wasn't rigged, just reading a magazine...

[@azurbleu4335]

What a nice lovely story . I'm almost crying . Never thought banksters could be such cool guys . Thank you @Business Casual

[@hiighway7570]

😂😂😂😂 they dont give two Fs about you , they rob the people video is misleading

[@blackrabbit212]

@@hiighway7570 He is being sarcastic.

[@dudeistpreist5721]

We had a bank system but Woodrow Wilson got rid of it, replaced it with the Federal reserves and expanded the powers of it.

[@vanS808]

Permit me to issue and control the money of a nation, and I care not who makes its laws! " - M.A.Rothschild

[@ef7480]

This was a variation of another quote by someone else but totally true!!!

[@bbe3034]

Watch KZbin channel- The Crypt, Mr. Fagan’s speech he made in 1967 regarding who’s behind the New World Order and the Rothschilds who has financed every war since Napoleon. Great information.

[@Tboy439]

@@ef7480 ....That statement was by the original Rothschild Mayer Amschel. His son Nathan Mayer would later state I care not what puppet is put on the thrown of the empire where the sun never sets. He who controls British money, controls Britain. And I control British money....Nathan Mayer Rothschild...1815

[@nomadnevermadbetelgeuse9803]

Read “History of the United States in 5 crashes” and in just the first chapter you’ll realized how over simplified and misleading this is. Of course it might take you two hours to read :)

[@malizachicas6217]

I was considering purchasing that book along with many others and couldnt decide lol would u recommend it to someone who doesn't normally read about this stuff ?

[@nomadnevermadbetelgeuse9803]

@@malizachicas6217 the audio book would be a great choice for you then. i think i could share it you though on play books. idk. lmk.

[@lukeyluke9637]

ALSO other recommended reading: “ The Federal Reserve Conspiracy” by Anthony C Sutton

[@pat5882]

Between 1913 and 2008 There have been about 21 or 22 economic pullbacks in the U.S., including two recessions within the Great Depression. Emphasis on 1913, the year of the birth of the fed. Looks as if there were nearly that many “panics” as they were known, before the beginning of the fed. This was not mentioned in the video.

[@DavidEVogel]

Most confusing for people is the relationship between the US Treasury and the Federal Reserve Bank. The FED auctions securities for the US Treasury. The proceeds for these securities are returned to the US Treasury. It doesn't have to be more complicated than that.

[@fitzcave6500]

An excellent book on the history of the United States through the central banking lens is Kennedy's Revenge: The Election of 2016. It's a novel but is fiction/non-fiction every other chapter. There is a footnoted version as well. Loaded with many fascinating stories such as the European central bankers killing Lincoln; and FDR starting WWII (not Hitler) at the behest of the bankers. If you like this video, the book is a PhD version.

[@Cub__]

Very interesting, I'll have to check it out. Thanks.

[@Tboy439]

The order to kill Lincoln came from Pope Pious IX. If you were to look in the Jewish Encyclopedia under Rothschilds it will say.....Keepers of the Vatican treasure. they were nothing more than employees of the Vatican created to keep the focus off the Vatican and create a red herring. Have you noticed how so many immediately blame the Rothschilds?

[@LegendTheAnonymous]

There have to be other more significant reasons for why the US was reluctant to follow the British model, after all the Swedish Central Bank was established before the Bank of England, and, I don't seem to recall that the US had anything in particular against Sweden at that time.

[@locallegend4677]

You missed the part where fraudulent banking practice caused the panics, and those same practices basically became nationalized with the fed. Loans with interest out of debt backed by air and payed for by hard working americans labor

[@JunPetsWorld]

Thank you for sharing this info.

[@mukul1310]

buy bitcoin they said, it will go to moon they said

[@jakel7213]

It did. I was mining when BTC was $1. I'd say I've been in space for quite a while.

[@TheRetiredVeteran]

You must be a billionaire by now.

[@saltymonke3682]

LMAO

[@Dennis-dr7wb]

I would argue that that will happen when the dollar goes into hyperinflation and/or bitcoin goes to hyperbitcoinization. But 20k could also be the moon if you bought Bitcoin for cents.

[@TreDogOfficial]

It's still worth more than gold... So there's that

[@tonylawless3504]

The Fed was instituted to prevent major economic disruptions. The Great Depression too place after 1929, about twenty-five years afterwards. How did the Fed succeed in its stated goal?

[@gokulakrishnan6628]

Hello tony

[@gokulakrishnan6628]

I want a help

[@crunkalac]

Yes everyone drink the Kool-Aid nothing to see here. All good wholesome stuff according to Business Casual.

[@adrenalinerandomizedfun1282]

That was incredible. Thank you.

[@henkeman94]

The Swedish Central bank is the oldest one in the world since the Dutch one in 1609 was run by the city of Amsterdam (not by the state) :)

[@stn7172]

But not sun by them

[@Kevin-sy8uf]

Never seen so many economist in one place.

[@josealejandro6602]

"Arm Chair Experts"

[@reggieclarke2036]

I work on Wall St. I know many well paid economists. They have no clue what's going on and none read to the collapse in 2008. My armchair private investors with no degree knew it was coming.

[@Kevin-sy8uf]

@@reggieclarke2036 sure you do

[@highguy2792]

A masters degree make you an expert like a diploma makes you smart...gtfoh

[@Kevin-sy8uf]

@@highguy2792 It doesn't. But it gives you the tools to analyze data, and utilize as much of your intelligence as possible.

[@gastonruiz4061]

So the FED was there to save the banking system when it went into crisis but ended up causing the largest and longest-lasting crisis in history, the great depression of the 1930s.The FED was also guilty of the 2008 crisis and the constant inflationary problems.

[@michaelleslie6970]

I take comfort in knowing attleast there (are people) who are not struggling and are filthy fukn rich.. living a good life. Enjoying the finer things and don't half to face harsh realities. Bless em ..peace of mind had to begin somewhere somehow.

[@cjishere97]

Abolish the Federal Reserve

[@idzkk]

You need equally powerful thing to replace it

[@markofexcellence5209]

@@idzkk the blockchain.

[@danielpincu6030]

The blockchain is by nature a really bad idea.

[@kalebbruwer]

Cryptocurrencies are the only thing less stable than the pre-fed economy, so burning all money would actually be a better idea than that.

[@alexturlais8558]

Blockchain would make control of the money supply a hell of a lot more difficult.

[@Eunacis]

The Fed should be reorganized to be solely a lender of last resort with the printing power returned to the Treasury and each year's number of printed and minted money would be publicly announced on a quarterly basis. The private seats should be replaced with a number of Savings & Loan banks owned and operated by the several States.

[@georgemay8170]

The control over the quantity of printed money ought to be in the hands of our elected politicians instead of the privately owned federal reserve. Our government should be "economically constitutional" and not "federally fiat with interest."

[@AliHussain-li3cp]

So who do you think our elected politicians listen to? Ever heard of the Iron Triangle? The politicians are heavily influenced by the lobbyists who fund the so-called legislations to be tabled by the Congressional representatives!

[@jhlim]

Thanks for this great video can you share wit me the list of banks owning the feds?

[@NoName-ch2wg]

I know exactly how it works They work us It’s that simple

[@davids4063]

@Justin McCoy 1913, the federal reserve act, gave them the ability to legally print the money. Thats one accurate answer. Before that money was printed on the gold standard, therefore inflation did not occur.

[@Luke-eg1gn]

Gold standard killed the roman empire and almost the US. The gold standard is like the final squeeze of the international bankers before they move on to the next victim.

[@EgaoKage]

I have no idea what a "lizard-person" is. But much of what gets shouted-down as "conspiracy theory", with regard to the Federal Reserve, is actually true. Such as, most of the economic disasters America has faced, since the birth of the nation, were deliberately caused by powerful financier families, who leveraged their resources and capital to exploitative ends. Most of whom were also involved in every incarnation of central banking here in the US (naturally). Which, of course, includes the Federal Reserve. And, to compare the Federal Reserve to certain historical examples of centralized banking undertaken directly by governments, is definitely painting in too broad of strokes. The Federal Reserve is entirely private. It is in no way affiliated with the US Federal Government, outside its role as a 'Service Provider'. The deliberate misdirection literally begins with this company's name itself. The government appointed board is, and always has been, a token measure; entirely garnish.

[@MsDestiny2222]

Remember last year in a hearing/public conference the lady representing the central bank lost 6 Trillion dollars and she sat there and said she had no idea where the money went! Disgusting, I'm sure many of us can assume where it went right?

[@johnbemery7922]

I recall Congressman Grayson about ten years ago interviewing a lady in the House, who was the comptroller of the Fed, he was asking how the debt went up 9 trillion dollars in 6 months, without Congress authorizing the money. The lady said she didn't have an answer by would look into it ....Grayson pointed out she was the comptroller, her only job was to keep track of the money, she refused to give him answer....

[@Randomynous01]

Can u make a video about the relationship between central banks and government in other countries?

[@mirimar69]

Instead of watching this sham...read the PDF book, "Secrets of the Federal Reserve" by Eustace Mullins in 1952. His work will provide you with a far more accurate account of the FR genesis.

[@alejandromendoza9303]

mirimar69 how is this video a sham

[@theowilkinson6983]

Thanks for sharing, appreciate it

[@hiighway7570]

@Alejandro Mendoza..if you cant tell someone lying to you then Im sorry you been bamboozled & need to wake up to what monster the fed is , this video is full of sh*t

[@orwoodwellson685]

Nevee forget that tbe first recession under tbe federal reserve became the worst economic depression of all time

[@mckfc7193]

Purposely manufactured to bring the US into WW2 to indebt the gentiles.

[@geoh7777]

@@mckfc7193 The gentiles don't need to pay back fraudulently incurred debt.

[@stayinthemoment18]

There is us, there's the government, then there's those few that pull the puppet strings. The few won't be overrun by the many (us). Why ? Because we are kept under the allusion of being cared for by the government. We are comfortable. We will comply to what we are asked to do for 'our own safety'. It's a sad situation we are in but here we are, and we have to figure out how to make the best of it.

[@ZoomerTrader]

Maybe a reserve bank is not a good idea and sounds dangerous for most people but thanks to the federal reserve our country have stability and help the economy overall and now is needed most bc moat people retirement accounts are dependent on the stock market and other economic regions than ever

[@sdrake74]

ITS A PRIVATE BANK!!!! END THE FED!!!!!!!

[@Jameshowardadventures]

And who owns the banks? Black rock.. and who owns that? Oh….. don’t worry about that

[@ask_why000]

"Conspiracy theorist"

[@nancyhenker7144]

Nice history. Can anyone recommend a site or video showing how the 'Fed" interacts with the US Treasury and primary dealers for the purchase and resale of Treasury debt? Thank you.

[@DrewPicklesTheDark]

This is an amazing system!... Glad there is no corruption involved or people abusing it.

[@AliHussain-li3cp]

You wish lol

[@Tboy439]

Are you serious or are you just practicing your comedy act in case your day job doesn't work out?

[@greggarcia6294]

@@Tboy439 he's being sarcastic

[@InternetMVP]

Can someone with an actual economics / finance background explain the fed reserve without any conspiracy theories

[@VashtiPerry]

Boxing HQ yea

[@tomlaureys1734]

The Constitution gives the Congress the power to coin money and says that only gold and silver she'll be used as money. All that means is that the treasury of the United States government can turn chunks of gold and silver into coin form. The coins would be a more efficient way of people exchanging their gold and silver with other people to buy their products in the marketplace. Instead of having to weigh the gold or silver at the time of purchase they could just give them the coin which they knew was a certain uniform weight of gold or silver in each coin. People used Banks as a safe place to keep their gold and silver. Eventually instead of going to the bank and taking out the gold or silver to make a purchase they would just get a note from the bank verifying that they have that amount of gold and promising to give that amount of gold to the bearer of the note. Those pieces of paper are called banknotes which are basically a promise by the bank to pay that person from the other person's gold savings in their Bank. Each Bank wrote their own banknotes for their customers. When the government decided to start a central bank to have only one private Bank print up the bank notes and hold all the gold, that's when there was only one banknote from the Federal reserve Bank which is a private bank, instead of different bank notes from every other Private Bank. All the other Banks were forced to use only those Federal reserve Bank banknotes to represent the gold the customers owned. All the gold was held in the federal government vault at that famous fort Knox. Look at the top of all of your paper bills and you see the words Federal reserve note. It's just a note from the bank. Otherwise known as currency. It's not money. Only gold and silver are to be used as money. That's in article 1 of the Constitution. These Federal reserve Bank notes are nothing more than a promise from the bank to pay you money (gold and silver) if you present that note to them at the bank. That's how it used to work. Any person who was given a banknote knew that they could bring that banknote to the bank and exchange it for gold or silver. Unfortunately once the central bank was started, in 1913, the bank started to print more banknotes without having more gold and silver deposited in that bank. So basically it was just paper because there was no real gold or silver in the bank to backup the note. There was also no competition from other Banks to print banknotes and have real gold and silver to back it up. So people could not even switch to a different bank with more reliable banknotes. So the Federal reserve Bank got away with printing banknotes as promises to pay gold and silver when they did not have any gold or silver for that note. Once people all over the world started to figure this out they started cashing in their Federal reserve Bank notes for gold and silver. This basically caused a run on the bank. The bank realized it was going to run out of gold and silver and then still have people rushing to the bank to cash in their notes for gold. If that happened and people realized that they could not actually get gold for that paper note the entire system would have collapsed. So President Nixon had to suspended the convertibility those Bank notes into gold. That's why people say that Nixon took us off of the gold standard. That's not really accurate because it was really the Federal reserve Bank that took us off the gold standard when they started to print banknotes that had no gold to back it up.

[@tomlaureys1734]

@Donald Kasper The Federal reserve Bank was supposed to stop runs on banks but ironically there was a worldwide run on the Federal reserve Bank which caused President Nixon to have to suspend the conversion of Federal reserve notes into gold in 1971 because the Federal reserve had printed more paper banknotes than the amount of gold that it had in fort Knox to back it up. So much for forming a central bank to stop Bank runs!

[@learningtofish7036]

@@tomlaureys1734 very well put. concise and to the point. Very good. Thank you. May I quote?

[@simonhanlon7518]

Tom Laureys Thanks for that , I paused the video and learnt way more reading your response. 👍🏻

[@uncletony6210]

if a bank can go BANKRUPT merely as a result of 'irrational fears," then the fears perhaps aren't so 'irrational.'

[@bgroks1]

It’s a self feeding loop isn’t it? If a group of people have irrational fears that a bank will go bankrupt, they’ll likely withdraw all their money (bank runs) leaving the bank in a bad position.

[@ama-tu-an-ki]

This is the only correct explanation on Federal reserve ownership and ownership benefits (6% dividend OR most recent 10-yr treasury auction rate) that I could find on the Internet. Kudos for the truth.

[@johnhernlund539]

You can't benefit by owning stock in a banking corporation, unless it pays dividends based on its profits. The value of stock itself has no connection whatsoever to the profits of the bank, it depends only on the what buyers are paying for it on the stock exchange (this has no direct connection at all to the bank's business).

[@pinellasguitar7157]

The average human does all the labor/chores and they benefit with these worthless exchanges.

[@thomasholmes4556]

This is one of the better done fact chain expose' on the creation of the US Federal Reserve. Some important missing details include: The initial presentation of the US Federal Reserve concept by the Federal Reserve System in 1903 to key persons in the U.S.; The 1903 presentation incorporated a 10year trial period to review its potential viability or short comings before becoming a lawful treaty; The secretive Jekyell Island meeting was a surrepticious attempt by key American Bankers "in the know", who hoped to hijack the US Federal Reserve before the 10 year trial period became law. To the Bankers surprise a well known Monarch crashed their party and blew their plans up. They were forced to get on board with the US Fed plan or go to jail. Thereafter they worked out the US Federal Reserve guidelines; US Dollar was intentionally set as the only legally recognized international reserve currency, backed by 2,250,000 tons of private Monarch gold assets by act of international treaty; The Fractional Banking Strategy, Practices and Policies were organized and implemented as a means to protect the USD from various forms of economic sabotage by unscrupulous entities on a variety of levels; Their is no owner of the US Federal Reserve as it is considered to be a private treaty, and not a political entity subject to political law. 🌸🌟🌞🌙

[@nagarajubandi3131]

Thank you🙏 very much sir. Small dout a very small investor from India want to invest in international index fund what is the minimum amount under indian currency if possible only please tell funds of funds or feeder funds which is best to invest for long term investment please advice🙏

[@yarrn88]

Interesting that people who were not invited on the Jekyll island meeting were among those who sank in 1912 on a White Star Lines ship owned by J P. Morgan.

[@Tboy439]

Actually it was the Olympic that sunk and JP Morgan and a couple dozen of his friends were scheduled to go, as Morgan publicly announced this but the all cancelled at the last minute, Morgan claiming he was ill but was seen days later in Paris out on the town with his mistress. Another one of his friends named Vanderbuilt cancelled last minute but would die 4 years later when the Lusitania was sunk.