For your consideration ...
My position is that once you understand the Fed, you can make money off of their actions, and I do not share your hard resistance. At the end of the day, we are all trying to die with as much money as we can. My only real beef with the Fed is that "full employment" should not be part of their mandate.
We may have a meeting of the minds here, but the 16th Amendment is illegal and unconstitutional. 1913 was indeed a major turning point in terms of labor, the citizens, and the money the government is able to legally steal from us. Perhaps we should drink to that and figure out a way to move forward in unison.
I genuinely apologize for being a dick.
Yes. Knowing the rules, how the game is played, who controls the game, its players, as well as the referees, is the way one can navigate what is the FED, the understanding of MMT, and the ancillaries that are the financial market swindlers, and profit from it. However, the masses are hypnotized by colorful brochures of investment schemes from banks to an IRA to 401K to pension contributions; lacking any education to understand what is being presented and the mechanics of how the system actually works and its very real and intentionally orchestrated manipulated pitfalls. They are brainwashed into believing the financial spigot's handle is broken off in the full open position, that they don't have to work as hard as everyone else, that everything is just fine and dandy, until the time when it isn't, and that handle is fixed and the spigot is closed. When, by taking responsibility for their financial future themselves, (not trusting a broker or financial advisors), living well within their means, and not looking for money where no labor on their part is required, would fare much better in the long term. (In today's debt money system).
The only resistance I have of the FED is from the abrogation of Congress' responsibility of allowing a private cabal of international bankers to issue our Nation's currency and its control, what was supposed to be performed by the people, per the Constitution.
Prior to 1913, there were no world wars. There was no personal wage, (so called income), tax. Of course, income, has always been defined a monies, not from wages, (where one trades their day's labor for a wage/money), but profits from investments, net profits in the course of operating a business, rents, interest received, etc.. Wages, being the personal property, the by product, of the labor provided by, and exchanged/paid to, the worker. Taxing the wages of workers, under the guise of "income", is theft, and makes one a slave to the State.
Full employment, though it may be a stated mission of the FED, is an act of subterfuge, a masquerade. The role of the FED is to siphon the wealth of this Nation, its resources and through the labor of the people. Full employment being a misnomer. Prior to 1913, responsible people could live thrifty and save for their own financial future without worry that those saved dollars would be worth less. Also, people/individuals could choose not to work at anytime for whatever reason knowing and having sufficient saved monies to tide them over during the time of not working. There was more quality leisure, more time for one to unwind. Unlike now under fraud that is the current debt based system.
I spend more time contemplating the nature of things I occasionally find stuck to the sole of my shoe than I do your posts. With excellent reason.
