Shocking Piece Of U.S. History Revealed

[finnbow]

Originally Posted by 4-2-7

Ok genius show me proof of that statement. No i'm not going to hold your hand on that one.

Im sure you'll disappear for a while then come back calming some sort of ineffectual victory.

But you can just say right now that your wrong.

"The Federal Reserve Banks distribute new currency for the U.S. Treasury Department, which prints it."

http://www.newyorkfed.org/aboutthefe...int/fed01.html

The Treasury Department's Bureau of Engraving and Printing (BEP) is responsible for the design and manufacture of U.S. currency, postage stamps, Treasury obligations and other U.S. securities.

http://www.treasury.gov/resource-cen...ges/tours.aspx

[4-2-7]

Originally Posted by finnbow

"The Federal Reserve Banks distribute new currency for the U.S. Treasury Department, which prints it."

http://www.newyorkfed.org/aboutthefe...int/fed01.html

The Treasury Department's Bureau of Engraving and Printing (BEP) is responsible for the design and manufacture of U.S. currency, postage stamps, Treasury obligations and other U.S. securities.

http://www.treasury.gov/resource-cen...ges/tours.aspx

Your right finn on the actual printing "Physical Currency" brain laps on my part.

However the Federal Reserve has complete control of the amount of currency they want "Printed in "Physical From." The treasury takes marching orders from them. They also have complete control over digital printing that the fed does entirely themselves.

Lets face it the digital form of currency is far greater than any paper printing.

[4-2-7]

Activities and responsibilities
Functions of a central bank may include:

implementing monetary policies.
determining Interest rates
controlling the nation's entire money supply
the Government's banker and the bankers' bank ("lender of last resort")
managing the country's foreign exchange and gold reserves and the Government's stock register
regulating and supervising the banking industry
setting the official interest rate – used to manage both inflation and the country's exchange rate – and ensuring that this rate takes effect via a variety of policy mechanisms

Monetary policy

Central banks implement a country's chosen monetary policy. At the most basic level, this involves establishing what form of currency the country may have, whether a fiat currency, gold-backed currency (disallowed for countries with membership of the International Monetary Fund),<As the world reserve currency, the Federal Reserve is basically in charge of the IMF currency board or a currency union. When a country has its own national currency, this involves the issue of some form of standardized currency, which is essentially a form of promissory note: a promise to exchange the note for "money" under certain circumstances. Historically, this was often a promise to exchange the money for precious metals in some fixed amount. Now, when many currencies are fiat money, the "promise to pay" consists of the promise to accept that currency to pay for taxes.

A central bank may use another country's currency either directly (in a currency union), or indirectly (a currency board). In the latter case, exemplified by Bulgaria, Hong Kong and Latvia, the local currency is backed at a fixed rate by the central bank's holdings of a foreign currency.

The expression "monetary policy" may also refer more narrowly to the interest-rate targets and other active measures undertaken by the monetary authority.

http://en.wikipedia.org/wiki/Central_bank

[icenine]

13 when you insult somebody ( a person much more educated than you by the way) and then misspell the word which (you spelled it witch) you sort of look like a bozo.

[d-ray657]

How many laps around a brain does it take to go a mile?

Regards,

D-Ray

[4-2-7]

Originally Posted by icenine

13 when you insult somebody ( a person much more educated than you by the way) and then misspell the word which (you spelled it witch) you sort of look like a bozo.

Hay icenine I know i'm a bozo and never clam to know more than anybody. The fact is their is always someone smarter in one aspect or field. But it seems like a lot of know it alls around here. I find that hard to believe and know Im not the only bozo here. I see miss spelling all the time but I don't make it the topic it's not relevant.

[d-ray657]

Originally Posted by 4-2-7

Hay icenine I know i'm a bozo and never cla[i]m to know more than anybody. The fact is their is always someone smarter in one aspect or field. But it seems like a lot of know it alls around here. I find that hard to believe and know Im not the only bozo here. I see miss spelling all the time but I don't make it the topic it's not relevant.

You fault most everyone who doesn't listen to you with being unwilling to learn. You suggest that you can lay all of the facts out for them, but they choose to remain ignorant. To me, that sounds like a claim that know more than everybody - and that, by golly, you are an expert on monetary policy. Don't go pulling that humble pie crap when it suits your purpose, when you spend the rest of the time suggesting that it is your mission to open everyone's eyes.

Regards,

D-Ray

[icenine]

Originally Posted by 4-2-7

Hay icenine I know i'm a bozo and never clam to know more than anybody. The fact is their is always someone smarter in one aspect or field. But it seems like a lot of know it alls around here. I find that hard to believe and know Im not the only bozo here. I see miss spelling all the time but I don't make it the topic it's not relevant.

All I know is that there are two people here constantly pointing out the evils of the Federal reserve and a one world currency with absolutely no idea what they are talking about. And when they cannot even spell correctly it just makes you two look like you are simple minded.

13 you and I will be dead and buried and forgotten about and the Federal Reserve will just keep on keepin' on into the future, along with the dollar bill.

why don't you just go on top of your roof and howl at the moon....you will get the same result.

Do you know why both George Bush and Obama bailed out the banks? Because that is how the American economy works. Without that system we would collapse. But telling you that is like talking to Alfred E. Newman.
The Federal Reserve is just a thermostat for the US economy, and it is designed to stop inflation and deflation as well as prevent depressions and recessions. It does this through control of interest rates and the amount of money in circulation.

I guess I should howl at the moon.

[4-2-7]

Originally Posted by d-ray657

You fault most everyone who doesn't listen to you with being unwilling to learn. You suggest that you can lay all of the facts out for them, but they choose to remain ignorant. To me, that sounds like a claim that know more than everybody - and that, by golly, you are an expert on monetary policy. Don't go pulling that humble pie crap when it suits your purpose, when you spend the rest of the time suggesting that it is your mission to open everyone's eyes.

Regards,

D-Ray

Hay I could care less if someone listens to me or not. I make statements they get ridiculed from relevance to irrelevant it doesn't mater. I can say the sky is blue and this is the case. But don't say I don't know anything about what I may be expressing all the while not showing me you know anything about it.

[4-2-7]

Originally Posted by icenine

All I know is that there are two people here constantly pointing out the evils of the Federal reserve and a one world currency with absolutely no idea what they are talking about. And when they cannot even spell correctly it just makes you two look like you are simple minded.

13 you and I will be dead and buried and forgotten about and the Federal Reserve will just keep on keepin' on into the future, along with the dollar bill.

why don't you just go on top of your roof and howl at the moon....you will get the same result.

Do you know why both George Bush and Obama bailed out the banks? Because that is how the American economy works. Without that system we would collapse. But telling you that is like talking to Alfred E. Newman.
The Federal Reserve is just a thermostat for the US economy, and it is designed to stop inflation and deflation as well as prevent depressions and recessions. It does this through control of interest rates and the amount of money in circulation.

I guess I should howl at the moon.

We are collapsing anyway and a lot sooner than you think. Im not going to live my life in fear of it but doesn't mean I need to be ignorant of it either. If I make a comment and someone replies to it I'm going to respond.

All I know there is a group of people here that connately point out evils of the GOP. So! I don't chase them around with snide comment for every post they make, I could care less in most instances.