Federal Reserve

The Federal Reserve.

Most people think the Federal Reserve is a government Bank, but it is not. It is a private bank owned by large Banks that then have control of our money system. These bribers are probably the worst of them all because they take our money from us all the time supposedly for the good of the country.

The Federal Reserve has given out Trillions of Dollars of government money to private banks, big corporations, foreign countries, and billionaires. All to “stabilize” the economy. Nothing to the average citizen. They use Quantitative Easingto provide Federal money directly to corporations to issue stock Buy Backs to their wealthy shareholders. One example is oil companies made 35 billion dollars in profit in the first quarter of 2022. It is estimated that the Oil Industries are going to give $88 billion dollars in stock Buy Backs to their wealthy shareholders. Quantitative Easing is supposed to be a temporary monetary policy whereby a central bank purchases predetermined amounts of government bonds or other financial assets in order to inject money into the economy to expand economic activity. However, the current Quantitative Easing has gone on for twenty years, which is not temporary, and the money went predominantly to the wealthy not to the middle class to support the economy.

Over the last twenty years the Federal Reserve, Banks, and Big Corporations have used “Financial Engineering” to manipulate data to not represent the true value. Delivering money to the top 1% of the population who pockets the money knowing that it is a house of cards. Clawbacks are no longer enforced so when a crisis happens the money can't be taken back from the 1% who have stolen the money from the Bribe System.

The Corporate Media likes to complain that people got a little bit of money from the government during the COVID Pandemic. They never talk about how the Federal Reserve shot Trillions of Dollars to Wall Street (the Bribers). They don't want to inform people about the Corporate Welfare that far exceeds the amount given to the average citizen. When the Stock Market was crashing in March 2020 the Federal Reserve poured Trillions of Dollars into the Bribers buying assets, buying stocks, buying bonds, and buying treasury bills so that they expand the balance sheet during the coronavirus crisis. Actually, it all started in March of 2009 when the Republican Recession was causing a financial crisis – remember the bailouts. The stock market crashed which is why the Federal Reserve went into action, they shut down the treasury and took extraordinary actions never taken in history. The rich people got tons of money and tons of support, way more than working-class people. None of the Mult-Trillions of Dollars that went to the Billionaires has been paid back to the government. But, oh my God, people were able to feed their kids with the small amount of assistance the public received means to the Corporate Media that the average person is the “freeloader.”

Since the Great Republican Recession of 2008, the Federal Reserve conducts “Stress Tests” on the nation's banks. The supposed purpose is to determine if the banks have enough capital to continue lending to households and businesses during a severe recession. This process is a sham. There is no “Stress Test” on the Federal Reserve to determine if it is solvent. The main purpose is to justify that by passing the test, banks will be allowed to return hundreds of billions of dollars to investors in the form of dividends and stock buybacks. Money that eventually comes from the United States Treasury.

The Federal Reserve is a Central Bank of the United States. It is in many ways the Central Bank to the world's other Government Central Banks. Central Banks favor certain types of economic management that disproportionately benefit some economic sectors at the expense of others. Essential favoring the rich over the poor. They are deciding political concerns that should not be decided politically by bankers.

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Talking Points Information

The Fed has been goosing the economy steadily since the Bush Crash of 2008, buying US and corporate bonds with money it creates out of thin air (only the Fed can “print money” like this by simply willing the dollars into existence). By purchasing and holding those bonds over the past 14 years, the Fed has created and then flushed into our economy $8 trillion in liquid cash. This is how the Fed stimulates an economy in crisis: pouring newly-created money into the system with almost all the money going to big corporations and billionaires.