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I recently had a conversation with a libertarian who disagreed with my stance on the Federal Reserve. They wanted to abolish it, while I advocated for an audit first. I believe an audit, similar to the one conducted on USAID, would reveal issues and garner public support for necessary changes. The current level of interest in this topic is surprising and encouraging. The public's growing awareness of sound money principles is promising. There are many naysayers, but the increased interest is positive. People are discovering concerning information within government agencies like the Treasury and USAID, and rather than addressing these issues, many are choosing to ignore them. Elon Musk's public support for auditing, and even my leadership of an audit team, highlights the growing momentum behind this movement. The Constitution clearly states that states should use only gold and silver as legal tender, but the federal government prevents this. To promote sound money, competing currencies, limited only by laws against fraud and deceit, should be allowed.

The speaker emphasizes the importance of maintaining confidence in the voluntary tax payment system. They discuss the creation of the Federal Reserve by Congress in 1913 and its role in coining money and regulating its value. The speaker explains that the Federal Reserve is an independent agency, meaning no other government agency can overrule its actions. They state that as long as there is no interference in their decision-making process, the specific relationship between the Federal Reserve chairman and the US president is not significant. The speaker expresses concerns about legislation that would allow the Government Accountability Office (GAO) to audit and make judgments on the Federal Reserve's policy decisions, as it could undermine the independence of the Federal Reserve and destabilize the financial system and the economy.

The Federal Reserve is not a government agency, but a banking cartel disguised as one. Congress gave it enforcement power, making it seem like a government entity. In reality, it's a group of banks that self-regulate by setting industry rules. These rules, passed as the Federal Reserve Act, give the appearance of government authority. If not followed, individuals can face imprisonment. In essence, the Federal Reserve is simply a banking cartel. Translation: The Federal Reserve is a banking cartel that appears to be a government agency but is actually a group of banks regulating themselves.

Here's what's happening in America: we're drowning in debt because of a debt-based banking system controlled by private bankers. The Federal Reserve, deceptively named, is a private entity manipulating our money for profit, not public interest. Since 1913, Congress has granted it a monopoly over our currency, leading to economic instability. The solution? Education and action. We must reclaim the power to issue our money, as figures like Franklin and Lincoln once did. This isn't radical; it's restoring the issuing power to the people. Reform involves paying off the debt with debt-free U.S. notes, abolishing fractional reserve banking, and repealing the Federal Reserve Act, returning monetary power to the Treasury.

There is a secret and powerful combine known as the capitalist conspiracy that operates as the unseen government of the United States. This conspiracy controls the money systems of major non-Communist nations and is protected by the government. The Federal Reserve System is used to perpetuate this monetary fraud. The conspiracy is connected to the Council on Foreign Relations, which exercises control through government, tax-exempt foundations, education centers, and the media. The conspiracy appears to oppose communism but actually supports it to create chaos and advance its goal of totalitarian world government. To combat this, we must dismantle big government, restore American independence, and expose the conspiracy to the public.

No country can be truly democratic or independent without control over its own currency. The people, not unelected bankers, should have the power to determine the value and control of their currency through the democratic process. Paper money needs to be backed by a hard asset to maintain its credibility. Countries are forced to borrow US dollars because oil must be paid for in this currency. Consequently, they pay interest to the private owners of the US Federal Reserve, including US citizens themselves. Any threat to the petrodollar, like the creation of the euro, is fiercely opposed. Wars are not fought for democracy and freedom, but rather to protect the private bankers who control the world's printing press. It is time to hold these central bankers accountable for the financial hardships and bloodshed they cause.

The transcript presents a series of conspiracy claims about the Rothschild family, the Federal Reserve, and Jewish influence over global finance. - The Rothschild family is described as extraordinarily wealthy, with wealth estimates claiming “close to $500,000,000,000,000,” and as having hidden underground vaults, secret financial records never audited, and a public image that disguises a fortune that supposedly rivals a large share of global wealth. It is claimed they bought Reuters in the 1800s, which then bought the Associated Press, and that they “own controlling interest” in three major television networks, allowing them to avoid media attention. They allegedly owned and operated England’s Royal Mint and act as the gold agent for the Bank of England, directing it, with control over the London Bullion Market Association (LBMA) where 30 to 42,000,000 ounces of gold are traded daily, generating millions weekly from transaction fees. They are said to fix the world price of gold daily, hoard trillions of dollars worth of gold bullion, and corner the world’s gold supply. They allegedly own controlling interest in Royal Dutch Shell and run phony charities and offshore banking services to hide wealth in Vatican-linked accounts at Rothschild Swiss banks, trusts, and holding companies. A figure named Elbelein Rothschild is described as not harmless, with ancestors alleged to have handpicked presidents, crashed stock markets, bankrupted nations, orchestrated wars, and sponsored mass murder and impoverishment. The wealth is claimed to be sufficient to feed, clothe, and shelter every person on earth. - The Rothschilds are described as the head of a “snake,” with a one-mile square area in London referred to as the city, cited as the headquarters of their banking dynasty, controlling money supplied through central banks of almost every nation. - A Jekyll Island meeting in November 1910 is claimed to involved seven of the world’s richest Jewish men establishing a central bank called the Federal Reserve Bank. Named participants include Nelson Aldrich, Frank Vanderlip, Henry Davison, Charles Norton, Benjamin Strong, Paul Warburg, and representatives of the Rothschild banking dynasty, with others like Benjamin Guggenheim, Isidore Strauss, and Jacob Astor purportedly opposing it. It is claimed these opposers died on the Titanic, and that opposition dissolved by April 1912. On December 23, 1913, the Federal Reserve Act was signed, creating a privately owned Federal Reserve System. A quoted remark attributed to Woodrow Wilson alleges, “I’m a most unhappy man. I’ve unwittingly ruined my country,” and a stereotype about government by a small number of dominant men rather than free opinion. - It is claimed the Federal Reserve System is private, not federal, has no reserves, is not decentralized, and that the adoption of a debt-based monetary system was accomplished. It is asserted that the current banking system (fractional reserve banking) allows privately owned banks to create money “out of thin air,” with money existing as numbers in a computer system, only about 3% in physical currency, and that control of the Fed enables domination over banks, corporations, money, and politicians. It is claimed the Fed system enslaves humanity to perpetual debt and that the elite who own the Fed seek to maintain a monopoly over credit. - A speaker questions the proper relationship between the Fed chairman and the U.S. president, noting the Federal Reserve’s independence. - A quotation attributed to a figure named Harold Grales Rosenthal claims that Jewish power has been created through manipulating the national monetary system, that the Fed is owned by Jews while appearing as a government institution, and asserts antisemitic stereotypes about Jews as parasites and producers being exploited by Jews.

It's time to end the Federal Reserve. Representative Thomas Massie from Kentucky has introduced the "End the Feds" bill, HR 8421, aiming to abolish the Federal Reserve Act. He believes that the Federal Reserve is responsible for crippling inflation, having created a trillion dollars during COVID to fund unprecedented deficit spending. This has devalued the dollar and led to high inflation, effectively acting as a hidden tax on Americans. The national debt has soared to $34 trillion due to continuous money printing. To support this initiative, contact your state representative and express your support for Massie's bill. Stay updated by following him on social media and sharing this message.

The Federal Reserve and the government incorrectly call paper currency "base money," but it is actually base currency because it is not money. Money must be a store of value and maintain its purchasing power. Historically, paper currency represented real money like gold and silver held at the treasury, redeemable at any bank. Now, base currency is a receipt or claim check on a bond IOU.

The Rothschild family's wealth and influence grew significantly through government lending and bond speculation, often backing multiple sides in conflicts. Fractional reserve lending, where banks lend out more money than they have in reserves, is described as counterfeiting and grand larceny. This system, along with national debt, allows banks to control the economy and politicians. The Federal Reserve is portrayed as a private monopoly that enables banks to create money out of nothing, leading to a debt-based system. Critics argue that the Fed dominates the economics field, suppressing dissenting views through funding and control of academic journals. The media is accused of being controlled by banks due to debt, preventing them from exposing the truth about the monetary system. The solution, according to the speaker, involves stopping fractional reserve lending and reclaiming the power to create money for a public body. The current system is described as a Ponzi scheme based on ever-increasing debt, where interest cannot be repaid without taking from others or borrowing more. The key is controlling the quantity of money in the public interest, rather than allowing banks to maximize profits.

You're about to learn the hidden secret of money and how the banking system truly works. Politicians create deficit spending, which leads to the Treasury issuing bonds, essentially IOUs that become our national debt. Banks buy these bonds, then the Federal Reserve buys them from the banks with counterfeit checks, creating currency out of thin air. Banks then use fractional reserve lending, loaning out most of your deposits while only holding a fraction in reserve, further expanding the currency supply. This system enriches the banks and indebts the public, leading to inflation because more currency causes prices to rise. Taxes are then used to pay interest on these bonds, perpetuating the cycle. The Federal Reserve, a private entity, benefits immensely from this fraud. This system requires ever-increasing debt and will eventually collapse under its own weight. Sharing this knowledge is crucial to building a better future.

I discovered that 20 million dead people are marked as alive in the social security database. Most fraud doesn't come directly from social security payments, but from disability, unemployment, and fake medical payments because these individuals are incorrectly marked as alive. We need to implement a simple "are you alive" check to prevent these fraudulent payments. This type of negligence would result in a public company being immediately delisted, and its executives imprisoned, but it's considered normal within the government. Therefore, I recommend that the Treasury and Federal Reserve make payment categorization codes mandatory, requiring an explanation for each payment, even if it's basic. This change would significantly improve the current system and potentially save hundreds of billions of dollars annually.

Chairman and commissioners, I present undeniable evidence of systemic fraud within our financial system, specifically targeting the Federal Reserve. The definition of a US dollar, established by the Coinage Act of 1792, has been violated by the issuance of Federal Reserve notes, which are not backed by gold or silver and are essentially unbacked securities. This practice undermines the integrity of financial markets and violates securities laws. The SEC must investigate the Federal Reserve's actions, as they create money without real value and manipulate markets in ways that would be illegal for any private entity. The Constitution does not grant Congress the authority to create fiat currency, and the SEC's role is to expose fraud, not legitimize it. It is crucial to uphold principles of transparency and justice by holding the Federal Reserve accountable for its deceptive practices.

The Federal Reserve has significant power over the economy, but lacks scrutiny. During the pandemic, it printed money, bought government-backed securities, and provided large sums of money to favored industries, resulting in a $5 trillion increase in its balance sheet. A limited audit revealed that during the financial crisis, the Fed gave over $16 trillion to domestic and foreign banks. These actions, aimed at making the rich wealthier, have led to high inflation, which burdens American families. To address this, an amendment is proposed to require a full audit of the Fed within a year, promoting transparency and accountability to taxpayers. A yes vote is requested.

The speaker explains that the Federal Reserve is a private bank owned by private stockholders, not the government. They discuss how the Fed loans money to banks and the government, which must be paid back with interest. The speaker questions where the Fed gets its money and reveals that it is printed by the United States Mint. They argue that the Fed's control over printing money is unconstitutional and leads to the devaluation of the dollar. The speaker also mentions a secret meeting in 1910 where the plan for the Federal Reserve was devised. They criticize the creation of the IRS and how taxes are used to pay back the Fed's debts.

Powell: "no. I will not. The law says that, the president can't fire me." The discussion points to "a higher law, the supreme law of the land"—the "US constitution," which "never gave any authority to the federal government to create a monopoly central bank that can manipulate interest rates and counterfeit money." "Counterfeiting is a crime." "The issue is the existence of the Federal Reserve." Speaker 1 adds: "They're to continue to mess around with that, but your point is perfect," noting "arbitrary laws that they write that do not follow the rules of the constitution or natural law" and that "the constitutional restraint against, you know, a central bank, there's no authority for that, is one thing that they totally ignore." They call the Fed "a cartel of the biggest banks" with "a government privilege," and argue that "as long as the Fed does exist, we can't have a genuinely free society, free economic life." They warn, "if the central bank is permitted to permit money at will ... the value of the currency is going to go down and prices will go up." The goal is "sound money for freedom."

Fed Chair Powell stated he wouldn't resign if asked by President Trump, citing legal protections. However, the real issue is the existence of the Federal Reserve, which many believe operates outside constitutional authority. The Fed prioritizes its own survival and that of major banks, undermining a genuinely free society. For true economic freedom, sound money is essential. Education is key to helping the public understand these issues, as seen with other political matters. If the central bank continues to create money at will, currency value will decline, leading to rising prices. The founders understood that true wealth comes from productivity, not money creation. Emphasizing freedom can maximize productivity and prosperity.

The speaker discusses the current state of the Federal Reserve note and argues that paper currency always crashes. They suggest transitioning to Treasury dollars, which Ronald Reagan had printed. They claim that the Federal Reserve does not have the gold that should back the US dollar. The speaker warns that if the country remains with the Federal Reserve note, it will lose its military might and standing. They mention that many countries are no longer using the dollar in international trade. The speaker also talks about their experience at Yale Law School and how the World Bank has been hijacked by a group called the Network of global corporate control. They accuse this group of state capture and usury. They explain that they have not been removed because they have followed the rule of law.

This system is a failure; it doesn't meet its goals. It's a cartel working against the public, the ultimate tool of usury, and creates the most unfair tax. It promotes war, destabilizes the economy, and is a tool of totalitarianism.

The Federal Reserve's actions are worrisome. They've lost trillions by borrowing money at high rates (5.4% from banks, 5.3% from funds like Fidelity and Vanguard) to buy government bonds. This artificially inflates the government's perceived financial health, encouraging excessive borrowing when rates were low. This process diverts capital from the private sector, hindering business growth and job creation. Instead of the Fed holding massive balances, that money should be used by businesses for expansion and innovation. The Fed's actions are mirrored by other major central banks globally, exacerbating the problem. It's not money printing; it's expensive borrowing that harms the economy. Freeing up these funds would allow banks to lend to small businesses and stimulate economic growth.

The Federal Reserve is not a government agency, but rather a banking cartel that has the power of government enforcement. They created their own rules and regulations to self-regulate their industry, similar to other cartels like those in bananas, oil, or sugar. They presented these regulations to Congress as the Federal Reserve Act, giving the appearance of a government agency. However, if you don't follow their rules, you can go to prison. In essence, the Federal Reserve is a banking cartel.

The Federal Reserve is not a government agency, but rather a banking cartel that has the power of government enforcement. It operates like other cartels, such as those in the banana, oil, or sugar industries. The banking cartel created rules and regulations for their own industry and presented it to Congress as the Federal Reserve Act. Congress passed it into law, giving the appearance that the Federal Reserve is a government agency. However, failure to comply with their rules can result in imprisonment. In essence, the Federal Reserve is a cartel disguised as a government agency.

The Federal Reserve has destabilized the economy, acting as both arsonist and fireman through monetary manipulation. Fractional reserve banking allows banks to create money, leading to risks of insolvency. Central banks, like the Fed, enable governments to spend beyond their means, creating a "fiscal illusion." The gold standard restrained government spending, but the 1913 Federal Reserve Act established the Fed, promising to maintain it. The Fed was intended to be a lender of last resort to prevent bank failures. The Federal Open Market Committee makes interest rate policy, influencing the money supply. The Austrian business cycle theory suggests credit expansion leads to unsustainable booms and busts. Removing the dollar from the gold standard in 1971 led to fiat currency, causing economic uncertainty and stagflation. The Fed's policies create winners and losers, benefiting the government, large corporations, and political elites, while harming the average working American. Financialization has exploded since the gold standard ended, with Wall Street banks empowered by the Fed. The Fed's low interest rates inflated the housing bubble in the early 2000s. The 2008 crisis led to new Fed interventions, including buying mortgage-backed securities. The Fed's actions have resulted in an "everything bubble" of inflation, redistributing wealth from the middle class to Wall Street and Silicon Valley. A Fed-controlled digital currency could magnify its power, enabling control over spending. Some argue for ending the Fed, advocating for sound money, a return to the gold standard, and a free market approach to currency.

The modern banking system creates currency faster than nature. Politicians create deficit spending, which is paid for by Treasury bonds (IOUs). Banks buy these bonds and sell them to the Federal Reserve at a profit. The Federal Reserve creates currency by writing checks on accounts with zero balance, giving the currency to banks, who then buy more bonds. The Treasury deposits this currency, and the government spends it. When currency is deposited in banks, it is loaned out through fractional reserve lending, expanding the currency supply. 92-96% of all currency is created by the banking system, leading to inflation. Taxes are used to pay interest on bonds the Federal Reserve bought with essentially nothing. The system requires ever-increasing debt and will eventually collapse. The Federal Reserve is a private corporation owned by banks, who profit through interest and dividends. The system funnels wealth to the government and banking sector, causing economic booms and busts and wealth disparity. The solution is to understand the system, share the knowledge, and join the conversation to design a new monetary system.

I rise to address the issue of banking. All banks, including Santander, Deutsche Bank, and Royal Bank of Scotland, are broke due to the flawed system of fractional reserve banking. This allows banks to lend money they don't possess, which is a criminal scandal. The problem is exacerbated by moral hazard from the political sphere, where counterfeiting, or cognitive easing, occurs. Governments and central banks artificially print money without consequences. Central banks manipulate interest rates, not retail banks. We also casually discuss deposit guarantees, which ultimately burden taxpayers when banks fail. Unless we hold bankers, including central bankers and politicians, accountable and send them to prison, this injustice will persist.