Topic

The current primary roles of the Federal Reserve System

Topic Progress:

The current primary roles of the Federal Reserve System are twofold: create digital money at the click of a computer keystroke and bail out large institutions and foreign countries with taxpayer money.

The first scenario is similar to what the “bad guys” do when they print counterfeit currency. The Fed floods the marketplace with fake money, which causes the dollar to decline in value and crank up the wealth-eating scourge called inflation. In the second scenario, the Federal Reserve bails out corporations such as Chrysler (twice) and Lockheed, along with entire cities such as New York, and even whole countries such as Argentina.

The Federal Reserve operates as a monopoly in a country where monopolies are supposed to be illegal. The Internal Revenue Service (IRS) deposits Americans income tax checks directly in Federal Reserve banks, making the revenue-collecting agency a racketeering co-conspirator. Taxes collected by IRS thugs service the debt owed to the Federal Reserve; the taxes do not go into United States Treasury accounts.

The IRS, also an unconstitutional entity, is merely the collection agency for the international banking cartel that operates the Federal Reserve System. Over the years, the IRS has become a tool of the elite banking families to attack and/or imprison people who expose the unconstitutional Ponzi scheme.

The American people have received a financial bloodletting from a group of cowardly thieves who hide behind a veil of secrecy and intimidation.

Yet Americans grab their ankles and bend over for a system that robs them blind. Americans have sat idly in front-row seats to watch people like Ben Bernanke, Henry Paulson, Tim Geithner, and their hundreds of collusive political and corporate friends rip America off for over $15 trillion.

Now that you have a foundation of understanding of the underlying factors that have allowed our country to get into this position of peril, we can move to the list of 5 warning signs of the inevitable collapse of the unsustainable and heavily compromised socioeconomic system we were all born into.

When these warning signs begin to happen, it is time to prepare for imminent collapse.