- Report: #562823
Complaint Review: Federal Reserve Bank - New York New York
-
Author Confirmed
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Federal Reserve Bank
33 Liberty Street New York, 10045 New York, United States of America
Phone:
Web:
www.newyorkfed.org
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Federal Reserve Bank Federal Reserve System, Counterfeiting US Dollars, Deteriorating the Buying Power of US Dollars, Creating Inflation, Stealing from the Public... New York, New York
*Consumer Comment: INTERNATIONAL ALERT
*Consumer Comment: 2ND INTERNATIONAL ALERT: MAKE SURE TO READ....
*Consumer Comment: NATIONWIDE BANKING ALERT!!! Make sure to 'Google' this- AMERICA: FREEDOM TO FASCISM, and watch it on the web....
*Consumer Comment: BREAKING NEWS: It was just reported that "WALL STREET SONG" is available at the BANK OF AMERICA page of this site....
*Consumer Comment: "BANK SONG" and "WALL STREET SONG 2" are available at the BANK OF AMERICA page of Ripoff Report....
*Consumer Comment: "FEDge of ALLEGIANCE"...
*Consumer Comment: "WHO OWNS THE FED POEM"....
*Consumer Comment: "INFLATION POEM"....
The Federal Reserve Bank, also know as the Fed, The Federal Reserve, The Federal Reserve System, The Federal Bank, is ripping off the American public and has been doing so from the time of its inception, 1913, and even before that. The central bank has been an infection in our nation since its birth. It just got legitimized in 1913 on the propaganda that it was needed to stabilize our economy and prevent future financial crises. This fiction, of course, became self-evident when the country fell into its worse ever depression in 1929.
THE FED IS THE PROBLEM
The Federal Reserve Bank, central banking, and fractal reserve banking MUST BE ABOLISHED if there is to be any chance of avoiding hyperinflation as occurred in Germany in 1923 (thanks to their central bank).
Contrary to the ignorant, albeit popular, belief, as found in IDIOT PUBLICATIONS like WIKIPEDIAs The Federal Reserve System, the Federal Reserve Bank was NOT spawned to protect our economy from inflation, boom/bust economic cycles, and other economic crises. The FED, with its fractal reserve banking, ACTUALLY CAUSES INFLATION AND ECONOMIC CRISES.
The sooner the American public realizes this, the sooner it will realize that all this pompous indignation and threats by our leaders to reform the banks is moot as long our government continues to collude with and validate the Fed's very existence.
LEGALIZED COUNTERFEITING CAUSES OUR INFLATION
The Fed practices fractal, or fractional, reserve banking. Simply put, this means:
1. The Fed can and does lend many, many times more the amount of funds than it actually possesses.
2. The Fed was instrumental in taking our currency off the gold standard, which means there is no longer anything of real value against which to measure the value of the paper money.
3. Without a gold or silver monetary standard, all previous restrictions to print money wantonly were removed. The Fed was given free license to PRINT AS MUCH COUNTERFEIT MONEY AS IT WANTED, and has done so for over the past 100 years.
Only counterfeiters benefit from their counterfeit money. Everyone else pays to real price, which is a currency diluted with phony money that devalues the buying power of the collective money pool.
EVER WONDER WHERE WE GOT A TRILLION DOLLARS?
The Fed now prints as much money as it and the US Government needs to pay off bad debts, such as other irresponsible Federal banks and colossal debt incurred by governmental reckless spending (typically on war). This counterfeit money gets injected into the economy and devalues our money's spending power by increasing prices. This is a hidden tax, and the only benefactors are the Federal banks and its associates, our US Government.
The Fed is allowed to practice this grotesque form of fractal reserve banking (lending money with non-existent or counterfeit money) because it supports our government's insatiable lust for recklessly spending our money.
The solution is simple, if not easy to manifest:
1. Abolish the Federal Reserve Bank and let all banks function or die on their own merit and sound or unwise business decisions.
2. Make the US Treasury reinstate the gold standard, and set the value of gold against the amount of money in circulation, which would translate into about $2000 per ounce.
3. Allow people to have their gold in exchange for their money is they so desire. This will prevent banks for any further temptation to practice their grotesque version of fractal reserve banking.
For more information, read The Case Against the Fed by Murray Rothbard. Visit, also, the Ludwig Von Mises Institute for related information.
8 Updates & Rebuttals
Karl
Highlands Ranch,Colorado,
USA
"INFLATION POEM"....
#2Consumer Comment
Wed, January 12, 2011
is available at this website!
*Just type in 680781 and it appears as 'Consumer Comment #7' at Ripoff Report #680781.
Thank You
************************* MORTGAGE FRAUD ALERT ************************
*Don't forget to type in 481508 and read St. Clair's Ripoff Report for valuable information if you have a mortgage.
Karl
Highlands Ranch,Colorado,
USA
"WHO OWNS THE FED POEM"....
#3Consumer Comment
Tue, January 04, 2011
is available at this website!
*Just type in 502469 and it appears as 'Consumer Comment #47' at Ripoff Report #502469.
Thank You
HAPPY NEW YEAR
Karl
Highlands Ranch,Colorado,
USA
"FEDge of ALLEGIANCE"...
#4Consumer Comment
Fri, December 31, 2010
is available at this website!
*Just type in 529757 and it appears as 'Consumer Comment #22' at Ripoff Report #529757.
Thank You
HAPPY NEW YEAR
Karl
Highlands Ranch,Colorado,
USA
"BANK SONG" and "WALL STREET SONG 2" are available at the BANK OF AMERICA page of Ripoff Report....
#5Consumer Comment
Mon, October 18, 2010
in the consumer comments section.
Thank You
Karl
Highlands Ranch,Colorado,
USA
BREAKING NEWS: It was just reported that "WALL STREET SONG" is available at the BANK OF AMERICA page of this site....
#6Consumer Comment
Mon, October 11, 2010
in the consumer comments section at Ripoff Report #529757.
*Anyone can 'Google' this- STEAK DINNER POEM, and it should take you to that Ripoff Report, correct?
Thank You
Karl
Highlands Ranch,Colorado,
USA
NATIONWIDE BANKING ALERT!!! Make sure to 'Google' this- AMERICA: FREEDOM TO FASCISM, and watch it on the web....
#7Consumer Comment
Tue, August 17, 2010
to learn more about the banking system in the USA.
Thank You
Karl
Highlands Ranch,Colorado,
USA
2ND INTERNATIONAL ALERT: MAKE SURE TO READ....
#8Consumer Comment
Sat, August 07, 2010
the "INTERNATIONAL ALERT" right here in the Updates section.
Thank You
>>>>>>>>>>>>>>>>>>>> SONG/POEM ALERT <<<<<<<<<<<<<<<<<<<<
*There are songs and poems available at the BANK OF AMERICA page of this site. They appear in the Updates section.
Karl
Highlands Ranch,Colorado,
USA
INTERNATIONAL ALERT
#9Consumer Comment
Mon, May 24, 2010
Make sure to 'Google' this- WHO OWNS THE FED?, and go to the site with the chart of ownership and read it. Then read the related charts too!
*****************************MORTGAGE ALERT******************************
*Please go to the MERRILL LYNCH page of this site and read all of St. Clair's Ripoff Reports if you have a mortgage for valuable information.
POWER TO THE PEOPLE
