Tag Archives: Federal Reserve

Bitcoins vs Fiat Banking

sam

This blog is about money.

As a left brain thinker, math provides comfort due to its reliability of 1 + 1 will always equal two, it’s black or white.

Fast forward to post secondary business school. For the life of me, the two subjects that made absolutely no sense to me were economics and finance – these two subjects contradict each other and both are troublesome when applying to real-life, without any experience.

Economics is about supply and demand in a free world. Finance teaches the time value of money and the notion that a dollar today is worth more than a dollar tomorrow. The very nature of finance is opposite to the free world concept of supply and demand. Although in principle, the concept of micro and macro economics made sense, adding the concept of always discounting the dollar, compounds the difficulty in reconciling the two opposing notions. Why is the dollar assumed to lose value or be worth less in the future?

The answer to why the present value of a future dollar is discounted was never answered by any Professor or was found in text book, yet the answer is quite simple.

The reason our dollar depreciates is because each of our Government borrows funds to run their country from private bankers at an interest rate that approximates 8-10% per annum.  In the US, the central bank is called the Federal Reserve.

In business school, we are told that the central bank is a “bank of last resort” but the Fed has never stepped in to help in any of the prior financial crashes.

In the US, the banking system is set up as follows:

BIS – Bank of International Settlements – This is also a privately owned and controlled corporation acting as the flow thru corp. In the 1970’s,  passed international legislation to control the central banks that were set up to control the banking industry. The central bank in the US is called the Federal Reserve. Since this was an act of parliament, the most recent financial statements for BIS are at this link:

F/S for BIS at Mar 31/15

The sheer magnitude of the numbers disclosed in the above financial statements is staggering.  Since these financials are reported in the millions, don’t forget to add six zeros to the numbers to accurately read the size of the numbers.

The Bank of International Settlements (BIS), established in 1930 in Basel, Switzerland, is the most powerful bank created pursuant to an international treaty (The Hague Agreements of 1930). Its shareholding members are central banks and monetary authorities. The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.

The BIS has 108 tonnes of gold on their balance sheet pl us another 443 tonnes disclosed in the notes as an ‘off balance sheet item’.

The Federal Reserve, also known as the Federal Reserve or Fed in the US, is owned through controlled by a board of governors. This group incorporated into a limited liability company called the United States and their head office is Washington DC.  It is very misleading to show the corporation called the US as owner of a corporation that actually has been looting.

F/S for Federal Reserve

In Addition to BIS, there is also the International Monetary

Both of the above links will certainly explain how much we have been hoodwinked by a very corrupt group of bankers.

When reading audited financial statements, step number one is to read the auditor’s communication, usually found as page 2. The auditor’s report will disclose the basis of reporting and whether the statements conform to International Reporting Standards (IFRS), GAAP, or another accepted standard. In each of the above auditor’s reports, it is disclosed that these corporations, due to their “complex” role in the money system, are exempted from all taxes. In addition, the directors, governors and staff enjoy a very generous salary arrangement and hefty pension upon retirement.

History of Fed

The following speech, from the now past Chair of the Fed, Ben Bernanke, explains how it took a number of years and research to fully understand the reasons for the crash of 1929 and subsequent ones, despite the presence of the Federal Reserve and whose purpose was to prevent further economic crisis.

Bernanke and reasons to not back currency

When a country transfers all control for their money to a private group, it is NOT rocket science to figure out who runs the country.

The Feds use a long and winded description when describing the economy, purchasing power of our dollar, inflation, deflation, recession, depression, etc. Although the financial statements should disclose the interest rate on outstanding loans and debts, those in power are exempt from the legislation, regulations and rules that they mandate on us.

Although  bitcoins operate outside of the central banks’ control, it is not hard to see why the “Feds” are upset, they’re not collecting interest on bitcoins.

Bitcoins seem to be an underground answer to this serfdom financial control, one must remember not to put all their eggs in one basket. The fact of the matter still remains, the satellites controlling the internet are controlled by the same elite and can be shut down, thereby appropriating all the bitcoins.

Federal Reserve and the ADL

fed

According the the Anti Defamation League (ADL), an organization that was established in 1913 by the Jewish group B’nai B’rth, their website is quite adamant in denying that the Federal Reserve is a private bank owned by the Rothschild syndicate. However, included in the Federal Reserve Act is the following:

As specified by the Board of Governors, records containing information relating to individuals, including salaries, grades, and personnel problems, are accessible only after the record has been in existence 50 years or upon earlier authorization of the Board or the Secretary of the Board.

In other words, despite the outright denial by numerous agencies insisting the Fed is not owned by the Rothschilds and despite the “Freedom of Information Act”, how is it that we the people are not able to learn the identity of the individuals involved with the Fed for 50 years?

The ADL further asserts the following about the Feds and Rothschild syndicate:

The charge that “Jews control the Federal Reserve” is a classic example of the hatemonger’s paranoid-style exploitation of legitimate concerns — in this case, the nation’s economy. Moreover, the wide appeal of this anti-Semitic conspiracy theory among all kinds of extremists strikingly demonstrates how the agendas of otherwise opposing hate groups meet on common ground: the scapegoating of Jews.

The ADL claims that its mandate is the elimination of bigotry but this organization refuses to recognize real genocides:

Abe Foxman the head of the Anti-Defamation League (ADL), the worlds largest advocate for Israel and fighting Anti-Semitism meets with Yushchenkos advisors and warns them not to compare the two genocides the Holodomor and the Holocaust:

Abe Foxman (head of the ADL): But one thing that you need to be sensitive about is not to link it (the Holodomor) with the Holocaust. Be careful that it not be linked as your genocide and our genocide, because that would be counter-productive.

Israel has still yet to recognize the Holodomor as genocide.

a 10 million genocide by the Bolsheviks must be wiped from the pages of time….. its counter productive and happened so long ago….

why did the ADL feel they had to warn the Ukrainians? is it a monopoly on pity or millions looking into who the Bolsheviks were?

Shrouded deception

sam

Whenever we dare to question our so-called elected government, do we actually need to be concerned with breaking any law? After all, the so-called elected government, regardless of whatever level (Federal, Provincial , or Municipal) reports to the people, right? That is what we are made to believe…

After obtaining a graduate degree in business, I only recently discovered why finance requires discounting tomorrow’s dollar. Not one professor could answer my inquiring question of why the dollar is devalued in the Finance Class, yet in Economics, we are made to believe that supply and demand rules a democratic nation.

The truth?

Every country is required to borrow their money from a privately owned “central” bank. That is why any dollar depreciates in the future – present and future value of money. Finance classes would be easier to understand if only this truth was revealed.

Let’s talk 9-11. Have you ever witnessed a controlled demolition? Think Las Vegas and “out with the old in with the new”. A number of controlled demolitions have taken place with respect to the hotels on the strip in Vegas. Witnessing an implosion or controlled demolition of an outgoing hotel is very emotional.

A controlled demolition, is just that … a controlled demolition or implosion.

The subject of Cancer and allopathic medicine’s archaic philosophy of treatment that has not changed in over 150 or more years, is up next for discussion.

At the same time that participating countries agreed to become a party to the United Nations 1961 Single Convention on Drug Control, which declared the cannabis plant as the most evil and most dangerous plant and narcotic on the planet, was at the same time that the government new the cannabis plant was the fastest and least invasive treatment that is able to reverse cancer.

huh

Yes, you heard right. Time for you to do your own research …

If criminalizing a medicinal plant is not deceptive enough, are you aware that all land in North America, including the so called liberated US States, are all owned by the Crown? The Crown is not the Queen or King of England, as they are just mannequins. The Crown, is actually that separate and distinct City of London Square Mile …

click here for more

https://www.unodc.org/pdf/terrorism/TATs/en/3IRoLen.pdf

https://www.unodc.org/pdf/terrorism/TATs/en/3IRoLen.pdf