Federal Reserve

[Dimitri Molotov]

I decided to research the Fed today, and it is confusing as fuck. I have some questions, because most of the stuff I found explaining the Fed and how it works was hard to follow and was very confusing. There is a lot I don't know, so I may ask stupid or obvious questions, but thank you in advance to anyone who takes the time to help me. :)

1. Does the Fed have the ability to just demand money from the mint, since the Fed issues the money? What is the process the Fed has to go through to get money printed?

2. Does the Fed use digital money in circulation and to pay debt?

3. What is credit? What does it mean if there is a "demand for credit"?

4. Is our money in the US still backed by gold or silver at least a little, or not at all? Is it just a fiat value? Does money only have value because the law says it has to have value, since it is legal tender? Can you actually still bring money to a bank and get real physical gold or silver for it?

5. I read that "Since there are no signatures from anyone actually from the Fed on paper money, that all of the

6. Why did the US give the Fed to private corporations? I read it was so they always had somewhere to borrow money from, but why don't they just print it themselves instead of just making some middle man have it printed and then loan it?

7. How much money has been printed and is in circulation in total? How much debt does everyone owe with interest included? Is there even enough money to pay it all off without printing more and causing massive inflation?

8. I read somewhere that since there is no Fed signature (the issuer) on the bills, only the treasury, the liability falls on the Government, not the Fed. What does that mean?

9. What is a Treasury Bond?

10. Are the social security taxes used to pay off national debt?

11. What is Fractional Reserve?

12. Who is the Rothschild family? Do they actually have anything to do with the Fed or is that just some "crazy conspiracy?" How do they affect the world economy?

13. How did the Rothschild family take control of England? Is it true that People like the Rothschild family finance both sides of wars and can cause depressions and wars at their will?

14. Is this animated film "The American Dream" accurate in describing how some of this stuff works?

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[Geiseric]

It really is confusing as fuck, i bet the people who run it don't even know how it works

[socialistjustin]

Can't get the youtube to work, but Brendan Mccooney has a couple of great videos on the Fed. Look up "the fed is going to eat you or is it"

[IndependentCitizen]

Well, a bond is essentially a loan. You buy bonds in like a series of $1000 bonds, so if you buy a bond in the treasury you give them $1000 and for 10 years they pay you back $100 a year + interest. But that varies dependent on whether the market values that bond at $1000 or not. If it values it less, its yield gets higher, and the value of the bond decreases meaning the creditor loses money. These can fund government projects and stuff, and generally people buy in big bulks.

[Renegade Saint]

1. Yes. Your dollar bills are Federal Reserve Notes. They control America's money supply.

4. US currency is not based on gold or silver backing. FDR took the US off the full gold standard and Nixon completed the task. I hope you're not about to start advocating that we return to either. There's not enough gold in the world to do so (and contrary to gold fetishists, gold doesn't have 'intrinsic value'. If climate change causes everything to go all Mad Max having a big pile of gold won't amount to shit.)

5. Can you finish your question?

6. They didn't.

8. Liability for what?

9. A bond is a piece of paper you buy from the government that says they'll pay you the cost of the bond + interest after a specific time in the future. It's generally considered to be the safest investment there is (although that obviously depends on the stability of your government/currency. Germany and Italy have recently had trouble selling bonds).

12. Crazy conspiracy.

13. Crazy conspiracy. The notion of individual capitalists starting depressions and booms at will is :laugh:

I'm not going to bother watching the video of this is where some of these ideas come from.

I'd recommend hanging around Ron Paul and Alex Jones less.

I'll look into your other questions later.