is worth what other people are willing to give you for it. Just like gold.
There is no comparison for useless paper money verses gold, or anything of use for that matter. The barter system will always be of use in good times or during times of complete financial ruin... But in complete financial ruin, paper money is only good for the fireplace.
Remember, in the states many moons ago, most people would not accept paper money no matter how much it was supposedly worth.
I have no problem with fiat currency when controlled through the state. But let's not pretend it has any real value...
Ugh. For the love of accuracy, get it right. The Federal Reserve Board members are not elected. They are appointed by the President and approved by Congress. The Federal Reserve Banks each have their own board elected by the participating banks. The Federal Open Market Committee is comprised of the 7 Federal Reserve Board members and 5 Reserve Bank presidents.
Edit: Also, "they are left to their own devices" is another exaggeration. https://www.federalreserve.gov/monetarypolicy/bst_oversight.htm
Let's not focus on semantics..."chosen" or "elected" same difference in this situation. I don't like having to write paragraphs of shit to avoid any possible ambiguity... It is a deflection tactic.
As for the oversight committee....just lol at that...please research their procedure, who controls it and has a final say...you will realize the door greeters at Walmart provide better loss prevention
Yes. Everyone is part of the world. Yes, they interact with the "world banking system". They would be incompetent idiots not to. If there is something sinister going on, feel free to refer to it specifically. Vague references to the NWO/globalist/reptilian overlords are not helpful.
Umm...they don't have to do much...it isn't rocket science, you can control countries with the palm of your hand by changing the value of their currency and controlling inflation...the world banking system does this all the time to countries...
Why do you think they use countries they already have control of to war with counties without this banking system in place?? They ravage these countries, then the international monetary fund comes to "save the day" with convenient "loan" to help...of course they can't afford it..no problem, let us set up shop here and we will "forgive it" and everything will be ok...another country under control.
Wonder why Iran has no debt except for a voluntary small amount yet systems like ours stacks trillions upon trillions??
Also thanks for putting words in my mouth...Everytime I think someone like yourself wants to have an honest conversation I am always left disappointed. I spoke not of NWO or aliens running the planet.
100% control is another exaggeration. They have a lot of influence, but not 100% control. This is what they were created to do though, so I'm not entirely clear what the problem is.
Ummmm...the treasury only able to act under direct order of the federal reserve on how much money to print into circulation is uh...100 percent control. It isn't even American money, it is federal reserve notes that the states authorize as currency..we don't own the dollars in our pocket nor does the states...the federal reserve does.
If you don't find a problem with that or the fact our entire well-being as a country is controlled by a third party organization that is controlled by even a larger third party organization that is only out for their desires, fuck all the countries under their hand, then I guess good for you
You say we might have more in common than expected...however, seeing you have zero issue with not having control of our currency...the fact you realize we literally have little control of our country because of this...I would say we have nothing in common in this subject (though when have we)
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