Think you know how to “End The Fed”? Take the #FedChallenge

06/13/201777 Comments

James Corbett responds to Jerry Day’s Federal Reserve challenge. If “End the Fed” is to be anything more than a mantra, then we must have a plan in place for how to actually end the fed and what we do after it’s gone. Find out James’ response in this edition of The Corbett Report.

SHOW NOTES:
Jerry Day’s YouTube channel (minivanjack)

Jerry’s Challenge: After the Fed, What?

Interview 928 – James Corbett Discusses Voluntary Solutions to Ending the Fed

Outrunning Collapse: The alternative currency solution

Complementary Currencies: A Beginner’s Guide

Interview 638 – Paul Glover on How to Create a Community Currency

How To Beat The Banksters At Their Own Game

Self-Issued Credit: A Monetary Solution

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  1. doublek321 says:

    (Not saying this is the only solution but maybe a good start?)

    I think Peter Schiff has talked about ending the capital gains tax on gold (if it appreciates between the time you buy vs sell it). I think that tax goes as high as 28% (though please double-check me on that figure). That alone would make gold a much more realistic “competing currency”.

    • HomeRemedySupply says:

      doublek321,
      On your note…
      A few weeks back, under CorbettReport’s Recommended Viewing, was a very interesting video entitled The Everything Bubble: Stocks, Real Estate & Bond Implosion – Mike Maloney.
      https://www.youtube.com/watch?v=w0Oz2R0u4VM
      Actually, there is a tie-in to one of the main speakers at The Red Pill EXPO. https://redpillexpo.org/

    • herrqlys says:

      Denouncing a capital gains tax on gold or silver as amounting to tax a money is also part of the critique.

      Arizona just recently passed a law repealing the capital gains tax on gold, and a few other states have tabled similar legislation.

  2. HomeRemedySupply says:

    I agree. There will NEVER be one monetary system without liabilities.

    However, I feel a major keynote is Decentralization, i.e. relations between people should be voluntary exchanges (not enforced, not mandated).

    I am so glad that Corbett presented the concept outlined by Paul Grignon. To me, this may be a wonderful way forward.
    Regardless, this 5 minute Corbett Report video Economics in One Image summarizes much of the monetary issue for me. https://www.youtube.com/watch?v=_ff0IfLcKkU
    And attached to this concept relayed with Economics in One Image, is I, Pencilhttps://fee.org/resources/i-pencil-audio-pdf-and-html/
    I kid you not…
    I, Pencil is extremely enlightening and in a beautiful, aesthetic, high wavelength way.
    I recommend listening to the audio in order to capture the beautiful explanation of the miracle of the “invisible hand”.

    And in actuality, anyone can issue a voucher or coupon or scrip for his production/services. Within a local interactive community, this action could be extremely viable.

    • HomeRemedySupply says:

      I have always envisioned a voucher for Moonshine Gallons.
      https://www.corbettreport.com/interview-1278-james-corbett-on-resistance-without-anger/comment-page-1/#comment-39346
      Most every car on the road today can easily run on alcohol. Why buy gasoline when a person could use their voucher to get alcohol?
      There is an entire “little community” which can be built around homemade alcohol production with many interchangeable products and/or co-op.
      ~ The farming of crops for the alcohol production, or the collecting of garbage for the alcohol production.
      ~ The growing of organic plants from alcohol production.
      ~ The raising of fish or crawdads from alcohol production.
      ~ Fertilizer from alcohol production.
      ~ Pest control from alcohol production.
      ~ Livestock feed from alcohol production.
      ~ Etc.

      The interchanges within the community could go on and on, with people utilizing a unit of value scrip (gallon of alcohol) to pay for the home repairs or to pay for car maintenance or get a haircut. People easily have a reference point of value by seeing the price of gasoline at the local gas station.

      • herrqlys says:

        One notion about a viable medium of exchange after an apocalypse is the probability that ammunition would be readily accepted. Food, water and alcohol would also be desirable commodities as they are all critically important for human survival (alcohol by virtue of its multiple uses).

        Anything that was conveniently portable and not too perishable would be the most preferable. Gold, silver and diamonds have these properties, and that’s why they’ve been a store of value for such a very long time. Although bullion is heavy in large quantities, that is offset by the very high value per unit of measure.

        • mkey says:

          I wouldn’t put diamonds in the same league with precious metals. Their “value” isn’t very stable, it’s spiked with artificial scarcity and earth will probably never run out of diamonds, it’s just carbon and loads and loads of pressure.

          • herrqlys says:

            The prices of gold and silver are also unstable in the sense that they, too, are manipulated.

            DeBeers controlled the price of diamonds by holding back inventories of diamonds in large vaults, to keep the supply scare and therefore the price high. The relative ‘abundance’ of diamonds was offset by controlling ownership of the world’s Kimberlite pipe sites, the mining of which was still a capital-intensive enterprise, and keeping the price high through the controlled release of supply.

            Convincing the public of the worth in a high-priced diamond was made in advertisements that intimated you should consider the “3-months salary guideline” when buying an engagement ring. Pardon me? Who made that guideline? Fools fall in love. A fool and his money are soon parted. Value is what you perceive it to be.

            The LBMA and COMEX, for example, are price-rigging venues for insider parties to gold and silver bullion trades. Again, the capital-intensive nature of gold and silver mining isn’t for everyman, but the absolute scarcity of these metals in the Earth’s crust severely limits supply.

            The normal supply and demand forces on price are modified by manipulation. Prices can be manipulated up or down depending upon the needs of the moment. If unexpected events create an adverse price movement for important players, an artificial setting of the price will allow these players to extract themselves from ‘bad’ futures trades with minimal loss.

            In our current dire financial world, underwriting the perceived value of fiat currencies is important to many parties. Denigrating gold by suppressing the price suggests to the pedestrian investor that the stock market is a better choice, with a more obvious opportunity for quick profit. Gold has always been money, and has usually kept it’s value – its purchasing power – over time. Yet paper in the form of gold and silver certificates gets the public’s approbation.

            Furthermore, paper gold and silver certificates are ridiculously NOT scarce relative to the actual bullion they supposedly represent. These paper certificates are created in the same manner that fiat currencies are created, i.e. out of thin air. At present, the issued certificates represent 25x or more the value of the gold supposedly in vaults backing them.

            In futures markets, paper certificates can be offered for sale enmasse at a desired fixed price, which is designed to force a precipitous drop, and maintain price suppression. This usually happens each trading day at approximately 10:00am or so NY time. There are also moves bridging the time zones as the trading day transitions around the main global market centers, and this helps keep the price momentum headed in the desired direction.

      • mkey says:

        Lately, I have been thinking about this more and more. Producing alcohol based fuels could be lucrative AND the right thing to do. However, in this failed stat of mine we have some incredibly high taxes. The price of fuel is at about 1.4$ per liter (or 5.3$ per gallon) while the tax amounts to about two thirds of that sum, making the tax on fuel something like 200%. Yes, two zeros, no joke. Well, it actually is a joke but not a funny one.

        Anyway, alcohol based fuel would probably not be exempt to that insane tax, making any attempt to invest in such technologies likes of a financial suicide. A solid way around the problem could be a transportation business, mixed with alcohol fuel production for your own needs combined with greenhouse agriculture. Maybe one could exploit the “alternative renewable energy” fad.

        • HomeRemedySupply says:

          mkey, I think that you got some good ideas along that line. I forgot what country you live in. …?? I know you work in the ship building industry with old utensils.

          This short segment video clip is one of my favorites.
          https://www.youtube.com/watch?v=rR-C_bcEGf4&feature=youtu.be&t=1h15m8s
          The exhaust from alcohol fuel is cleaner from pollutants than the intake air. Just CO2 and water.

          In the U.S., a co-op making alcohol fuel actually gets a huge tax credit which makes the cost of alcohol almost negligible according to David Blume. Being an alternative fuel, there are many regulations on its side. I think the EPA mandates a certain amount of alcohol to be mixed in with gasoline.

          About 2 hours from me is Glen Rose, Texas, once the Moonshine Capital of Texas. The small town was a tourist place back during prohibition, both for the mineral water/sanitariums/magnetic healers and for the booze. The whole county was making the stuff, even the Sheriff and County Attorney. My kind of people.
          – Article – http://www.yourglenrosetx.com/visitors/article_8f675e74-63f4-11e1-9946-001871e3ce6c.html
          Gorgeous place, Glen Rose, with a clear flowing winding river over boulders and rocks. My son and grandkids live there. In fact, his great-grandfather once owned the “Dinosaur Valley State Park” where huge footprint fossils are in the Paluxy riverbed.
          – Photos –
          https://media-cdn.tripadvisor.com/media/photo-s/02/1e/b9/d3/the-kiddos-enjoyed-a.jpg
          http://paleo.cc/paluxy/tsiteovr3b.jpg
          http://www.texansunited.com/glenrose/files/2012/07/BIG-ROCKS-IN-GLEN-ROSE-TEXAS.jpg
          https://upload.wikimedia.org/wikipedia/commons/7/77/Glen_Rose_Texas.jpg
          petrified wood mixed in – http://trtdg.com/wp-content/uploads/2010/05/Glen-Rose-Decay.jpg

        • HomeRemedySupply says:

          – CREDITS for ethanol (ALCOHOL) traded as commodities –
          A tremendous Wall Street racket via the EPA under the “green movement” which adds major hidden costs to the consumer.

          The EPA’s Renewable Standard Fuel (RSF) program’s RIN (Renewable Identification Number). These are also sometimes called as “credits”. These credits are traded as commodities, and many brokerages carry them.
          When first issued by the EPA their initial cost could be as low as 7 cents per gallon, but later inflated to many times that in trading.

          QUOTES
          …Due to the steep rise in the cost of RINs, the independent refiners are incurring huge costs. Valero Energy Corp. expects the cost for RINs to be $850 million this year, whereas CVR Refining expects the cost to be $250 million…
          …“RINs continue to be an egregious tax on our business,” Jack Lipinski, CEO of CVR Refining, said Oct. 27 on a conference call with analysts. “I would predict that small refiners, merchant refiners, will be pushed to the brink and maybe even into bankruptcy in the future,” reports Bloomberg….
          http://oilprice.com/Energy/Energy-General/Trumps-Election-Is-Great-News-For-Independent-Refiners.html

          QUOTE
          …Price movements on other commodities futures are limited by the exchanges on which they trade as a check on speculation. But the biofuel credits are not traded on an exchange: their prices are unbridled. And, unlike in the broader financial industry, no formal qualification or license is required before a broker can start trading.
          “There is a RINs trading desk at any major brokerage now,” said Paul Niznik, bio-fuels manager for Hart Energy, based in Houston. “There are people who are not refiners that are buying and selling RINs like a commodity. They treat it like something to be traded, to be day-traded.”…
          …“When you see something change as rapidly as this, somebody’s hoarding them, somebody’s buying them, somebody’s making big bucks,” said Senator Thomas A. Coburn, Republican of Oklahoma, a big oil state. After his staff examined the run-up in prices this summer, he said he was concerned that “big moneyed interests” were gaming the credits…
          …Mr. O’Malley, the chairman of PBF Energy, likens the outcome to a hidden tax on the public. Unlike other taxes, which go to the government, this one goes to the speculators…
          …For banks, trading RINs for clients can be lucrative. A big reason is that the credits are far more difficult to buy and sell because they are not traded on exchanges like stocks. As a result, the difference between the price at which one party is willing to sell and another is willing to buy is unusually wide. Those fat spreads mean big money for anyone serving as a middleman…
          …In addition to Morgan Stanley and JPMorgan Chase, other big banks, like Citigroup and Barclays, are also registered with the E.P.A. to trade the credits….
          http://www.nytimes.com/2013/09/15/business/wall-st-exploits-ethanol-credits-and-prices-spike.html

          • HomeRemedySupply says:

            About the above post regarding the RIN under the EPA’s RFS.

            I should have mentioned…
            The EPA pressures refiners of gasoline to add alcohol to the mix. Thus refiners badly need to purchase these RINs, but are extorted by big Wall Street players who buy up cheap RINs from the EPA and resell them for extremely high prices to the refiners.

          • mkey says:

            These “credits” show exactly what’s wrong with the “economy” in general. While those competing have to innovate, be lucky, gamble, take risks and work their asses off, these assholes just push paper around, change rules as per their liking and leech off other peoples’ hard work. It’s truly sickening.

            I live in Croatia, one of the countries latest creation of which defined the term “balkanization.” The government in this area is overreaching and overarching, taxes stifle any attempt of innovation and people are quite brainwashed into thinking the state will help them out. At the same time, about half of the population is sucking on the state titty and as such there isn’t much potential in way of making meaningful changes.

            One good thing is that the system, as massive as it is, isn’t functioning (unbelievable, is it not?) so the tax man can be handled various ways, probably best through bribery or possibly some shotgun blasts. The ordinary police is quite cowardly and full of suitable (as we call them here) people, virtually a bunch of Yes! men, nothing more.

            • HomeRemedySupply says:

              I had to look at a map to refresh myself on Croatia. They keep carving up that region.
              I bet you got some stories.

              Interesting mindset of the general society.

              mkey, Your English and communication skills are pretty dang good. Except I never see you use words like “ya’ll” or “you bet” or “fixin to” or “uh huh” or “ain’t”.
              Where did ya get yur Ingleesh learnin?

              • mkey says:

                I do use ain’t at times. Like, “ain’t that some shit” etc.

                I guess every skill that I have is something people would refer to as “self taught” since I can’t remember many a occasion on which others would go that extra mile to teach me (or anyone else in my immediate vicinity) something of true value. People just move on and try to get through the day, several thousands of days in a row.

                Bosnia is a ticking time bomb, the threestate “solution” will disintegrate and another war will break out, if people don’t get smart about it really quickly. There are many war mongers on all sides and a lot of people are doing their worst to keep the hate slowly brewing. There are far too many nationalist radicals on all sides for this to end peacefully.

                My general area didn’t see much of the 90es war, east of the country took the brunt of it. But most of the damage wasn’t done during war time anyway. This nation has become incredibly docile and corrupted. Maybe it’s that stuff they keep spraying over us? Just the other day I took a few pictures of the sky right above my apartment building.

                http://imgur.com/a/UQDMq

                Those traces took several hours to dissolve, leaving a thin unnatural looking cloudy layer of … something. They kept flying over for hours, leaving fresh traces all around. I had my eye on others to see if anyone would notice what’s going on above their heads, but seemingly nobody did.

              • HomeRemedySupply says:

                mkey,
                Those guys messed up a beautiful blue sky.
                And you mentioned Bosnia. Man! I hate it when some folks just try to cause a mess.

    • HomeRemedySupply says:

      In my opinion, another important aspect involving any currency, is NOT to be dependent upon it.
      “Dependence” upon one source opens up vulnerabilities such as manipulation or reliance.

      “Dependence” can cover a lot of ground besides currency. Even our News sources, as Corbett often emphasizes… We should not be dependent or reliant upon one source or one person’s opinion, including James Corbett.
      After all, the flip side to “dependent” is “independent”.

  3. Greg Bacon says:

    Gosh, get rid of the leeches that have been inflating the money supply to the point the USD is worthless and requires trillions more printed each year to keep up buying power?

    Get rid of the vultures that secretly funneled tens of trillions to their banker buddies overseas w/o Americans having any say. That propped up the TBTF banks while millions of Americans were told to get out of their homes, the bank now owns it.

    Get rid of the gangsters that have been behind many a war, recession and depression, since those are real money-making opportunities, if you have the insider info.

    Replace our debt-based currency with a debt-free currency so that we’re not always going further into debt to the banksters?

    Who would want to do that?

    • danmanultra says:

      How do you propose “getting rid of” them? Armed revolution, or legislation? The powers that shouldn’t be have the corner of the market on those. I think Corbett’s proposed strategy of “subverting” is better than “open opposition”. We can’t beat them through legislation or combat, but we can beat them by living our own lives independent of them, as best we can at least. So the best way to “get rid of” is to replace them in our own lives. Eventually we may be able to let them fade into obscurity as people stop paying attention to them and start paying attention to what actually matters.

      • mkey says:

        My thoughts exactly, “getting rid” of something at first sounds great, it may not be that practical to implement. Probably the only viable way of “getting rid” of some of these guys would be with help of a squad of assassins. Not sure how many would be up for something like that.

        • danmanultra says:

          Remember they are like Hydra. You cut off one head they grow two more. And violence begets violence. It will never end with just one or two deaths, which is why it should never start with one or two deaths. What these monsters understand is hatred and violence, but what they don’t understand is love and compassion. In a world where justice doesn’t seem to exist anymore, I think I will choose mercy instead. We need to help people, not focus on “assassinating” evil.

          I don’t mean to infer you actually condone violence, however, but I know many people in this community do. They need to realize that’s the same tactics as the “enemy”, and will only result in more loss of innocent lives and freedom.

          • mkey says:

            I see violence as an option, but I don’t wish for it nor do I hope it will come to that. However, I do fear the time will come (again) when the MPs will be doing rounds around the neighborhood and marching people off to the frontline. When that happens, I don’t think mercy will cut it. Most think they would know how to act in such calamity, but most of them will be caught up in their slave mentality, unable to resist.

            To that effect I recommend watching this movie

            Bailout: The Age of Greed
            http://www.imdb.com/title/tt2368553/

            Nevermind the propped up metascore.

  4. mtflaxman says:

    I don’t think it matters what system we adopt to govern or regulate our lives – so long as humans (in their present state) are running it, they’ll screw it up.

    The problem is US (no pun intended). WE have to change. But first someone has to ask the question: what’s wrong with us?

    • HomeRemedySupply says:

      No kidding man. We all have aberrations. And the people I am most apprehensive of are those who don’t seek to improve themselves personally…and they are even driving cars 60 mph alongside me.

  5. Pablo de Boer says:

    This sounds good, but I don’t trust any politician

    Nevada Becomes First US State to Ban Blockchain Taxes
    http://www.coindesk.com/nevada-first-us-state-ban-blockchain-taxes/

  6. Pablo de Boer says:

    For those who didn’t still watch this awesome documentary, which changed my whole view of the bankster’s money system and is mentioned by señor James in his Report,

    Money as Debt I – Revised Edition 2009 (Full Movie)

    https://www.youtube.com/watch?v=2nBPN-MKefA

    • Pablo de Boer says:

      Money as Debt II : Promises Unleashed (2009), Full, recut
      https://www.youtube.com/watch?v=28V7AI5x8jQ

    • generalbottlewasher says:

      Pablo de Boar, thank you for having this link in your comments. This should be taught at all levels of public education. I will bring this up at the next area school board meeting. Around hear it takes repeating any unacknowledged fact 10 times for anyone to question their immediate reality. Very few people want to disturb their comfortable numbness. I can’t even get my friends to see the chemtrails above their heads and visibly before their eyes. One older gentleman sent me the NASA public fact sheet from 1996 explaining contrails as the cause. We have a colloquial saying ” you can lead a jackass to water but you can’t make them drink”. This same honorable man gave me a video years ago ” A Very British Coupe”. All I can say is he has gone back to sleep or is like others. Occasionally I try to get a ” stomptish”(lots of Germans around here) going and the most prevalent theme is how scared and afraid everyone is. Their response is to get a concealed carry permit like the real threat can be plugged by a 38cal.or 9mm.

  7. Pablo de Boer says:

    Money as Debt III – Evolution Beyond Money (Full Movie)
    https://www.youtube.com/watch?v=QzVKuCKt35s

    Saludos y viva La libertad para TODOS,

    Pablo de Boer

    • HomeRemedySupply says:

      Thanks for the links mi amigo, Pablito.
      I am bookmarking this webpage. Getting very busy in life and will need to revisit these.

  8. Pablo de Boer says:

    Century of Enslavement: The History of The Federal Reserve
    https://www.corbettreport.com/federalreserve/

  9. herrqlys says:

    In the frivolous category: today’s video included an excerpt from The Corbett Report episode Self-Issued Credit: A Monetary Solution, and in that excerpt I noticed that the flatscreen monitor behind James had a paper folded over the webcam lens. I just found it funny that he was presumably blocking unwarranted surveillance access to his video production 🙂

    • HomeRemedySupply says:

      ha! You are right. My computer does also. And I watch what I say if I am around anyone who has a nearby cell phone, especially when using keywords.

  10. PeaceFroggs says:

    How to End the Fed? Hmmm….

    First thing that comes to mind, is that this is an American matter, so only Americans can truly “End the Fed”, everyone else is on the outside looking in, and to be honest, as a Canadian this is none of my business.

    Secondly, I don’t believe that enough Americans will ever want to “End the Fed” because…

    1- the vast majority of Americans have no clue what the Fed is, and…
    2- the Fed does provide a high standard of living for millions of Americans, and these institutions will fight (literally) to keep the current system in place.

    Third, the South once tried to create their own currency, and that didn’t turn out to well for them remember? So secession is out of the question.

    Fourth, if Americans truly want to “End the Fed”, I believe it will take a violent revolution, and I don’t foresee that happening anytime soon. What? You guys thought Trump was an outsider? Bwahaha!

    Fifth, if Americans decide to edumacate themselves and approach this the peaceful way, the first thing they’ll need to do is ask Congress to revert back and undo what Nixon did in 1971, which is to allow countries to convert their US dollar holdings into gold again, but who’s kidding who here, we all know this isn’t gonna happen.

    * I’m with Webster Tarpley, I believe Wall Street should be taxed, and that money should be used to help pay for social services that benefit all Americans.

    * The end of the Fed may not be near in the US, but the end of the US petrodollar hegemony is coming to an end.

    • generalbottlewasher says:

      Corbett Brains,(I subscribed to this thing , partly because I like the way you all think. I wish I’d included that in the ‘big oh’ comments and questions.) I like to learn these concepts,thoroughly understand them and pass them on to my daughter.I wish someone had taken a moment to enlighten me when I was younger. Now I know the importance of these concepts and how I missed numerous oppertunities, I wish my daughter avoids my mistakes and builds a better decentralized America.
      I have a few questions to ask before I watch all the links, I’m thinking about on this topic.
      1. Has anyone heard the story about what happen in Brazil, may have been Argentina when they were experiencing hyper inflation and a couple young economists save the day, suggested new currentcy. They were not suggesting much more than that but I vaguely remember the piece. Probibly was NPR. What I took from it was the meaning, affect and aura that (get this right) currentcy has on our perceptions. Seems they were saying the stuff represented nothing and panic wasn’t called for. They just gave the boogieman a new friendly name and new number.
      2.am I right in saying Jones one size fits all is collectivism lite. Jones seems to be suggesting not to overshock the masses minds. Not travel to far off the reservation but certainly off. I do see James point and concerns so I ask will the number of currencies get terribly confusing ( like the Healthcare insurancy/currentcy contracts) Is currentcy a contract?
      3. It is late hope I was clear enough after being sprayed for the last 4 days thank you for any answers you may offer.on to the links and bed. Thanks James you kick Prof. Zackery in the head.

    • herrqlys says:

      I, too, think there is merit in charging a new transaction fee for certain types of stock trades. Especially upon robo-trades, which can involve thousands of transactions per second.

      It would actually be a risk premium in those cases, as this type of trading activity can cause systemic problems, never mind that this activity gives the large brokerage houses a terribly unfair advantage over more conventional traders.

      There will be great difficulty trying to get such legislation through Congress and the Senate, though. Wall Street will fight every bit as hard and as dirty as the banks would over attempts to abolish the Fed.

  11. willrock says:

    Changing the monetary system, unfortunately, is the last step.

    Why?

    Because the governments and corporations won’t accept any changes. They belong to the same owners of the monetary ponzi scheme.

    Some basic steps, before considering alternative monetary systems:

    1) Take down the Mainstream Media
    2) Educate the largest part of the populations
    3) Bring down puppet governments (basically all governments)
    4) Turn Corporations into medium and small businesses

    (they can starve us to death if we try to take over their owner’s monetary system)

    5) And, finally, institute a monetary system based on the exchange of hard assets (I like Karen Hudes’ proposal of a monetary system based on Aurum, currency bills made with some parts of gold and, maybe, some other metals)

    Since it’s going to take a long time for that to happen, I suggest that we set ourselves to predicting what the CentralBankers are planing to do in order to increase their dominion over the world monetary system, something that is scheduled for 2018, according to the cover of one of the issues of ‘The Economist’ from 1988.

    That’s the only way we can decrease the side-effects of their tyranny.

    This is my flowchart:

    https://www.minds.com/newsfeed/720038730307477504

    I just don’t know if right after the ‘Big Event’ there will be a little time of QE4, with some inflation, to convince people that ‘The Printing Era’ needs to ‘end’.

    Obs: Forget about digital money. The digital world is too dangerous for decentralized solutions to depend on it. Criptocurrencies haven’t failed yet because they are promoting the ultimate blockchain, which will be introduced by the BIS, once the ‘circus’ is on fire.

    Sorry for the unpleasant point of view. I wish I was more optimistic.

    • herrqlys says:

      I agree with you, willrock, on the need for large-scale structural changes prior to removing the Fed. The currency system has become intimately entwined with so many other things in the past 100 years that it’s developed a harmonization and symbiosis with society’s organization.

      While the US dollar is issued as a domestic currency, it has infiltrated the world economy as THE reserve currency. Albeit one backed only by the threat of military force. This ebbs and flows as players like China elbow in around the dealing table.

      One of the greatest benefits to the US in possessing the dominant reserve currency is that Americans can import foreign goods and services in exchange for something of no real intrinsic value. And up to a certain point, Americans can export domestic inflation with that large outflow of excess currency.

      These benefits will of course be forfeit when the US dollar collapses, for whatever reason.

  12. Pablo de Boer says:

    Ethereum Linked To Bilderberg Gets Putin Endorsement – What You NEED To Know!
    https://www.youtube.com/watch?v=vPHMPBxK7k0

  13. Pablo de Boer says:

    Made in Germany | A Regional Currency
    https://www.youtube.com/watch?v=6_Bf85tX9YE

  14. nosoapradio says:

    just musings:

    I,Pencil felt rather like an efficient nano-dose of Atlas Shrugged.

    then my mind wandered over here:

    “…HOURS are printed on high-quality paper and use faint graphics that would be difficult to reproduce, and each bill is stamped with a serial number, in order to discourage counterfeiting….”

    which would appear, maybe falsely, to be a moot point with regards to “Bit Coin”-type digital currencies, placing your faith in more or less trackable algorithms…

    The only “revolution” will be individual, more and more individuals going about their “business” progressively “off the grid”, gradually weaning themselves through a cocktail of exchange methods, as people begin to see others fructifying and living well outside the bounds and bonds of usury…passing their ways on to friends, family, down through generations…

    humans obeying the invisible hand of answering their needs and desires thanks to their unleashed autonomy and creative potential…

    I guess sewage workers would be much better paid than say…well what they are today… new value placed on certain jobs, teaching school children for example…the hand that rocks the cradle…

    now I gotta go run after highly taxed euros…

    • HomeRemedySupply says:

      ha! I laughed at the last line, nosoapradio.

      The only “revolution” will be individual, more and more individuals going about their “business” progressively “off the grid”, gradually weaning themselves through a cocktail of exchange methods, as people begin to see others fructifying and living well outside the bounds and bonds of usury…passing their ways on to friends, family, down through generations…

      humans obeying the invisible hand of answering their needs and desires thanks to their unleashed autonomy and creative potential…

      I guess sewage workers would be much better paid than say…well what they are today… new value placed on certain jobs,…

      On that last note: The General Manager of a Dump, (a landfill), can make over $250,000 per year. I know. A Manager once gave me a tour of the dump.

      Garbage + Blockbuster Video + Miami Dolphins + AutoNation = Wayne Huizenga

      Profitable Clean Garbage Processing into Renewable Fuels, Metals, and other viable products via PLASMA (5 minutes) https://www.youtube.com/watch?v=obfpcqAHEek&feature=youtu.be&t=52s

      • nosoapradio says:

        I knew I’d probably stick my foot in my mouth…

        I should’ve stuck to the examples of nurses and school teachers… both of whom would certainly take on rather different forms in an emancipated society… (I’m imagining much more prevention and homeschooling).

        So I should also try to knock off these “running-out-the-door” messages that invariably make me cringe after-the-fact…

        and maybe I should become a landfill manager…?

        Anyhow, thanks for the link!

        I’m always just ever so slightly less ignorant after coming to this site…

        Now back to the hamster wheel…

        (I’ll be showing “Why Common Core Must be Opposed” to students preparing their national teaching certificates…

        😉

        • HomeRemedySupply says:

          ha! I always like reading your posts. nosoapradio, You are very level-headed, well informed, communicate well, and you are “real”, dude.

  15. Pablo de Boer says:

    Bank for International Settlement/BIS and European Stability Mechanism/ESM are financial paradises created by the banksters and have their own legislations and even police. They enjoy inviolability, have complete immunity, are placed above all laws worldwide, won’t be controlled by anyone other than by the banksters self, both have absulte power and are free states just like city states as the Vatican city, City of London and Washington DC.

    The former Dutch insider Ronald Bernard who doesn’t behave anymore obsequious obedient toward his former money masters, explains comprehensible in this video how both Bankster Institutes manipulate and rob the rest of the humanity.

    Real Big Power: Revelations by insider Ronald Bernard-part 2
    https://www.youtube.com/watch?v=3C-KHt9vi5k

    In spite of that this information is now freely available on the internet, my person still encounters and meet fellow humans, the majority of our society, who behave like sheeple people and promote (all kind of) taxes & governments, support their troops, are bashing other religions, serve servile their slave masters and even amongst some of the señor James followers I observe this old herd mentality .. ai ai ai caramba

    Around 1854 Chief Seattle of the Suquamish Tribe gave this speech as reply towards the great chief in Washington (American president) and since then not much changed and even got more worst, because the majority of humanity behave voluntarily as sheeple people. But I will never ever give up and always persevere. Oh yes the city Seattle is named after him.

    Chief Seattle’s speech (by Mark Sawalha)
    https://www.youtube.com/watch?v=OLw56hHbpYI

    And as usual happes with humans, there is a great deal of controversy surrounding Chief Seattle’s speech of 1854. There are many sources of information, various versions of the speech, and debates over its very existence. Please see the links at the end of the speech.
    http://www.halcyon.com/arborhts/chiefsea.html

    And people like señor James are the new Chief Seattle, but dear fellow humans never depend on others and always decide for yourself.

    Tomorrow I will have my first personal experiences with the sacral amazone wine made of amozone plants. I will be guide by a Peruvian Curandero. This will not take place high in the Andes mountains and also not in the Amozone, but on a location in Europe. In 1845 this was not possible to achieve, but as always time will change .. I also heard different conflicting stories about the sacral amazone wine and as usual I informed my self about ayahuasca and tomorrow I will self take part of this shamanistic journey, so I can make and form my own judgement on Ayahuasca. So I also can disconnect from the concrete jungle

    Natural Mystic blowing through the air
    https://www.youtube.com/watch?v=VkndVzfOeRc

    Saludos y abrazos,

    Pablo de Boer

    • nosoapradio says:

      Awesome BIS video, estimado Pablo! Can’t wait to have time to finish watching it!
      Hasta la vista!

    • herrqlys says:

      Great link, Pieter-Jan!

      Real Big Power: Revelations by insider Ronald Bernard-part 2

      I had already been impressed with this man after having previously viewed his Part 1 video. The Part 2 video should be everywhere.

      He does a masterful job of explaining the real power structure in the world. So many elements of what can appear to be disjointed come together here. His Part 1 video can now be seen as explaining one of the methods of control (blackmail) that helps to maintain this power structure.

      The world pyramid capped by 8,000-8,500 people, supported by descending layers of control, that eventually devolve to us, at the base. It reinforced my own worldview when he clearly indicated that multinational corporations are on a level above governments.

      The framework he described using just his hands, amazingly, allows us to ‘see’ our world. His description of the pernicious mechanism of interest should make everyone sit bolt upright.

      It’s not so much that he revealed too many new things, as much as it was the way he explained the linkages.

  16. Pablo de Boer says:

    In the Royal Inbred Dictatorship / Kingdom of the Neteherlands each inhabitent is obligated to have a BSN (Burger Service Nummer), this is National identification number.

    A national identification number, national identity number, or national insurance number is used by the governments of many countries as a means of tracking their citizens, permanent residents, and temporary residents for the purposes of work, taxation, government benefits, health care, and other governmentally-related functions. The number appears on identity documents issued by several of the countries.
    https://en.wikipedia.org/wiki/National_identification_number

    And not only the Dutch government tracks / spies their citizens, because this personal number is also linked to my bank account and my OV-chipkaart. The OV-chipkaart (short for openbaar vervoer chipkaart, meaning public transport chipcard) is a contactless smart card system used for all public transport in the Netherlands. First introduced in the Rotterdam metro in April 2005, it has subsequently been rolled out to other areas and travel modes. It fully replaced the national strippenkaart system for buses, trams and metros in 2011 and the paper ticket system for rail travel in July 2014.

    Big brother is watching us.

  17. HomeRemedySupply says:

    Cost of Housing
    (Correct me if I am off-base.)

    I feel that the Fed and the U.S. government strive to increase “Housing Starts”, new construction, and rising real estate prices. There are probably many reasons, but two reasons would include 1) pumping more money supply into the economy (via loans) and 2) generating more consumer spending.

    The Fed often cites a relatively low inflation rate (via rigged government numbers) at its meetings.

    SEGUE – The Red Pill EXPO & Robert Kiyosakihttps://redpillexpo.org/

    Tim McMahon offers an excellent “Annual Inflation Rate” chart here…
    https://inflationdata.com/Inflation/Inflation/AnnualInflation.asp
    …with an insightful article here… https://www.inflationdata.com/inflation/inflation_rate/currentinflation.asp
    Cumulative Inflation Calculator
    https://inflationdata.com/Inflation/Inflation_Calculators/Cumulative_Inflation_Calculator.aspx
    EXCERPT
    From December 1957 through December 2007 the Inflation Rate Calculator will tell you that inflation was 639.56%. … So we find that something that cost $1 in December 1957 would cost $1+ ($1 x 6.3956)=$7.40

    Tim McMahon talks about housing prices and inflation here…
    https://inflationdata.com/articles/inflation-adjusted-prices/inflation-adjusted-housing-prices/
    EXCERPT & Robert Kiyosaki
    One fundamental philosophy that Robert T. Kiyosaki in his book “Rich Dad Poor Dad: What The Rich Teach Their Kids About Money – That The Poor And Middle Class Do Not!” is that a house is not an investment unless it is being rented out. The key is to understand the difference between an investment and a consumption item. One of his favorite sayings is that “The Wealthy Buy Assets, the Poor Buy Liabilities, and the Middle Class Buy Liabilities Believing They Are Assets”. LINK to last phrase – http://yourfamilyfinances.com/2009/12/03/the-wealthy-buy-assets/

  18. Neo says:

    Only the fool believes in change to “better” (liberal, free market exchange)monentary system when the solution is as simple as denying the current system and all other build on money.

  19. Neo says:

    ANARCHY IS DEATH TO THE MONEY AND SELFEMPLOYMENT!!!

  20. Neo says:

    And I mean “selfemployed” by making sth to someomne else.
    Quite simply…

  21. ADDspeaker says:

    Admitted, I’m not an economist so please bear with me!

    I’ve been a high paid IT consultant for some years and in the world of consulting, it’s all about billable hours. The narrower your specialty and the fewer competitors, the higher your hourly rate, basic supply and demand.

    But since I can only spend my HOUR once, it is of great significance what I choose to do with it and how much value it has to myself vs. how much value it have for others.

    So my question is why we cannot use our value based time as a currency? If I need a handyman to fix something for me, it has a high value for since I can’t fix anything myself and I would be glad to change my hours for some of the handyman’s hours, maybe through some sort of intermediary that could match demand with supply? And paying for groceries etc could also be priced in time units, couldn’t it?

    Also this would end speculation, right?

    Hope I make any sense:-)

    /Peter

    • Neo says:

      This makes absolutely no sense because the the time value will always be accumulated so that it has no real sense… only the sense of the current system…

      but thanx for the question…

      therefore no variable will always replace the variable of no variable but acutally this is the conclusion of sth anyway known; hopefully…

    • HomeRemedySupply says:

      I follow what you are saying Peter.

    • HomeRemedySupply says:

      Peter,
      You really hit a “unit of value” which is very important to all of us who are awake.
      Like you pointed out, our time has value. An employer may assign a dollar value. In my opinion, the self-employed really understand this dollar value.
      And the value goes beyond “dollars”, because some things are difficult to compare to dollars. Time with family, personal entertainment time, time to work on a personal pet project or hobby, taking care of one’s body, etc.
      For me, it can be a tough act to “figure out how to delegate my time” and be true to my wants and needs. With so many hours in the day, I have to make choices of what “not to do”.
      For example: In my current season, I choose not to spend endless hours researching the finer details of all the many deceptions and watching countless documentaries. So, I come here to gain & glean what I can. And fortunately, there is a wonderful like-minded community here.
      I have other fish to fry. I recognize that everyone does.

      Substance.
      Some people delegate their time towards things of substance.
      Some don’t.
      I don’t enjoy hanging out with the latter.

      • ADDspeaker says:

        HomeRemedySupply, my thinking is that since a value is best set on a finite ressource, hours may be the solution, since we only have a uncertain amount of “time in us” and that, coupled with our “abilities value” and the “supply/demand” cycle for value based hours, should be able to work like described in “Self Issued Credit”, exchanging the coins with time units, with built-in expiry and “value based issuer accreditation”.

        But as said, i’m no economist and I haven’t researched the alternatives 🙂

        /Peter

        • mkey says:

          If you were an economist, the possibility to research alternatives wouldn’t even graze your mind.

          • herrqlys says:

            Bullseye!

            As with most professions, the people who diligently studied the curriculum to pass the exams, so they could gain accreditation, are not really motivated to accept something that rocks their world…their self-worth and ‘claim to fame’ if you will.

            For anybody interested in what would now be called alternative anthropology, I give the example of the reticence of the “modern humans were formed in the savanna” status quo to embrace the far more believable Aquatic Ape hypothesis.

            I now return control of your computer screen to abolishing the Fed.

    • mkey says:

      There exists currency based on working hours, the Ithaca hours community based local currency.

      http://www.ithacahours.com/

  22. Neo says:

    The only system that would work is a money free platform based on the local side of exchange…
    And if I say only i mean only. I have done several thinkings and causal calculations on this matter and all conclueded on this.

    What this mean?
    It means in the end that all people take back their property. And yes! that could be difficult…
    But without saying thats ours we give them all on the silver tablet…
    Would you really like to live in that world?

  23. Neo says:

    Take back ur Land!!!

  24. Octium says:

    I believe that “End the Fed” is just a meaningless slogan like “Make America Great again” and “Change We Can Believe In”

    It is useful as a tool to wake people up to the Federal Reserve scam, but that it all.

    I think Jerry answered his own question, Anything we attempt to do will be subverted by Government.

    So the real question is how do we end the Government?

    • HomeRemedySupply says:

      I agree. “End the Fed” is really an awareness campaign. I have been to several “End the Fed” demonstrations in Dallas. Passed out a lot of DVDs and flyers. Made a bunch of “TV Lies” signs.

      As far as ending the Government…
      For me personally, people can play that rigged, controlled game of government if they want to.
      As much as I am able, I am not going to play that game.
      And I like encouraging others not to play the game of government.
      And I am going to try to be clever about not playing the game of government.

  25. kabouit says:

    Some small towns in Eastern Quebec found a legal loophole and are using half Canadian bills as an alternative currency to boost local economy.

    http://www.cbc.ca/news/canada/montreal/demi-canadian-bill-becoming-local-currency-in-quebec-s-gasp%C3%A9-region-1.3207027

  26. willrock says:

    If this is not the plan to take over the world’s economy, be thankful I don’t work for the CentralBanksters:

    https://www.minds.com/newsfeed/722160830371602432

    (New update)

  27. VoltaicDude says:

    Thanks for speaking right-up front to the complexity of this subject – which is well-summated by Ron Paul’s book title “End the Fed!” Treating this as a simple matter would have started us off with serious handicaps.

    That said, it is also necessary for any successful pursuit of this political goal to be part of a conversation that is participated in widely, by a broad cross-section of the people around the world – the effects of the Fed being global issues of imperialism and the ever-encroaching police state that affects pretty much everyone everywhere.

    So right here we already have four important points regarding how ending the Fed should be approached as a political goal:
    1) It is a complex issue
    2) It is a global (universal) issue affecting pretty much everyone everywhere
    3) It is part of an oppressive imperial/police-state system
    4) For a successful end to the Fed there must be a broad and wide understanding by a diverse cross-section of people around the world of how it is malicious and malevolent, and what options present themselves at any particular moment to bring us closer to ending the Fed (not always obvious or intuitive) – it is not a political endeavor that can succeed through elitist-led channels.

    The fourth point above then needs to be reconciled with the first point – they can be (will be) made to conflict and contradict each other, which would not be a productive route. The subject has to be pursued in an accessible, inclusive manner in which we do not just avoid, but actually directly address the inevitable attempts to divert, confuse and obfuscate the issues at hand – and those are just the malicious hurdles with which we will have to contend.

    As we go along genuine misunderstandings by each and all of us are to be expected. It’s hard to get it all absolutely correct right from the get-go as it is such a deeply planted issue in the fabric of our society (there’s a baby in that water).

    One point to discipline ourselves to here is that general political orientation should not be allowed to be as important an issue in the process of discussion and the actual separating of the grain from the chaff involved in this subject matter, as is attention to individual points of fact that when set straight may even ultimately, transversely, modify individual political orientations – and we cannot be afraid of that process, or we will hinder our progress in this pursuit; we have to pursue the process in good faith.

    • VoltaicDude says:

      The points I list above are fairly broad in nature, so I’d like to bring us back to some more specific considerations that will help explain those more general points, while in their proportion making it more clear how vast the subject matter. This gets interesting, I hope, because the following may seem surprising or even non sequitur to the preceding at first glance.

      Firstly, I’d like to return to a recent conversation about Glass-Steagall – or, more accurately, the establishment of the FDIC, which, in its complete original form was a greatly stabilizing development helping to avoid bank runs and insuring that the average bank customer could feel secure in his or her deposits – essentially through a self-insurance program. It was exactly the opposite of a false flag event, which is meant to destabilize and promote panic and hasty, misinformed decisions, which in turn creates a situation in which the powers that shouldn’t be often just get away with murder, literally.

      I know it sounds odd: 1913-bad; 1933-good – but I do think, at least in context, that The Banking Act of 1933 was a good development. People who are not being threatened with mortal (financial) catastrophe are better equipped to deal with the long haul of a project like ending the Fed. Social undermining and upheaval is how we got the Fed.

      Secondly, the recent reporting found at the URL listed below covers historical facts that well precede 1913, as well as following it, but it is precisely that relationship that helps define the Fed’s existence in a more accurate light. The same elites that networked to destroy Filipino independence either designed or allowed the Fed to take hold because it is a useful tool to get this sort of work done in a systematic way, at a systemic level.

      Abby Martin: The Roots of the Philippines Trafficking Epidemic, Part 2
      https://dandelionsalad.wordpress.com/2017/06/20/abby-martin-the-roots-of-the-philippines-trafficking-epidemic-part-2/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+DandelionSalad+%28Dandelion+Salad%29

      If we cannot integrate the meaning and source of, for instance, America’s historical policies towards the Philippines (or Iran; or Guatemala; or Italy; or…the entire African continent; or Chile…or, rather, all of Latin America; or the U.S.S.R. – as in Rockefeller’s man in Russia, Lenin; or China – as in Rockefeller’s man in China, Mao; or Korea; or Vietnam; or Japan; etc.; etc.), then we cannot really understand the full breadth of America’s imperial history, and hence we cannot fully understand the import of The Federal Reserve Act of 1913, which is simply one very important part of that history.

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