Every citizen should be asking that question. After all, the Federal Reserve controls:
Those three factors have a direct impact upon the costs of our goods and the value of our labor.
If there are too many Federal Reserve notes in circulation, the result is inflation.
Inflation of the currency causes prices to rise because you have too many Federal Reserve Notes chasing too few goods so to speak. We have seen this in the housing and student loan markets for example.
Both are the result of easy Fed money or in common language- inflation. So, it is important to know how this Fed thingy works.
So what does the above statement demonstrate?
Well, first of all, after our they have paid all of their expenses with the interest paid to them from our taxes, then they provide their stockholders an annual dividend of 6 %.
Stockholders? Does a Federal government entity have stockholders? The short answer is NO!
Stockholders are associated with privately held Corporations, not government entities.
So for them to even claim to be a quasi government entity is actually stretching the truth or a bit disingenuous one may say.
They are a privately held Corporation listed in the white pages of the phone book (not the Blue government pages) along with all of the other privately held Corporations.
Additionally, there is also this little unheralded fact about the Federal Reserve.
They don’t pay any taxes!
Not a bad deal- for them. How would you like to have a business that issues money from nothing and gets all of their expenses and lucrative salaries paid, regardless of economic circumstances, by the public- And doesn’t have to pay any taxes?
Sounds almost like a scam doesn’t it?
Don’t look now but, in spite of the nice suits and professional appearance- it is!
To find out more about the Fed:
The Hidden Cost of War Citizens Never Hear About
Who Are the Syrian White Helmets? As Heroic As the Leftstream Media Claims?
Trickle Down Economics? A Made Up Term That Doesn’t Exist in Economics
Yellen Answers Question on Fed’s Credibility at March FOMC Press Conference
Since the Fed Rate Rise Things Are Already Getting Dicey
Congress Funds Government with More Funny Money- Banks Get Free Bailout Pass in Return
Some Final Thoughts on the Guns and Ammo Article- Part 3
The Federal Reserve’s 100th Birthday Not a Cause for Celebration! Part 2
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