SORT BY Relevancy
This edition of Center Stage main story dealt with the Federal Reserve's celebrating there100th anniversary this month. It also focused on news straight out of the headlines of news outlets from across the country. We talked about the NSA spying on X-Box players, Mayor Michael Bloomberg mandate to have flu vaccines administered to kids 3-5 attending daycare, Detroit's city workers penions possibly being lost, Texas teen Ethan Couch getting 10 years probation after killing 4 people while driving drunk, and sign language interpreter at Mandela's funeral being a fake. My panelist AJ Houston and Christopher Bonds made this an awesome show.
Every week The Yaron Brook Show reviews significant headlines that impact freedom in various forms. Commenting from a philosophical view that man's greatest value is self, the Show brings unique perspective to the conversation, always ending the show with a positive sense of life.
This week Yaron discusses the Federal Reserve and interest hikes.
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On this episode of ALI: NATION ... Understanding - Overstanding & Innerstanding of finance & banking. Is it important? Comprehending time and the institution of the Federal Reserve and it's organization - function & inevitable end, is it relevant?
Does the establishment of The Federal Reserve in 1913 and the 1st World War correlate? Has the rule of the alien or negative force on our planet have a time or limit? Is that limit of time expired?
We will look into these questions and much more as we continue the book - Secrets of The Federal Reserve.
Tune in every Monday - Wednesday & Friday @ 3pm PST/6pm EST
Jerry Williams covers the Federal Reserve Bank Corruption and how it all began and where were headed.
Jerry Williams will cover all the latest news hidden by the mainstream media including Politics,Donald Trump,Jade Helm,Police State,Racial Division and coming soon WWIII
The Federal Reserve Act (enacted December 23, 1913 signed into law by president Woodrow Wilson) was purportedly designed to aid in:
1. Conducting the nation’s monetary policy by influencing monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates.
2. Supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system, and protect the credit rights of consumers.
3. Maintaining stability of the financial system and containing systemic risk that may arise in financial markets.
4. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system.
The Origins of Fractional Reserve Banking
In XVIth century England people who had gold would deposit it with goldsmiths for safekeeping. In exchange they got a signed receipt guaranteeing that they could retrieve it. The value assigned to that note backed by the gold in the goldsmith’s vault made it possible to use it for payment.
That means if A deposited £10 worth of gold and had in his possession a receipt he could settle his debt with it. That receipt, actually a promissory note, became money. The person who took it in payment could either use it as is, or at some later point retrieve the gold in the goldsmith’s keeping.
At the same time B borrows £10 worth of gold from the goldsmith but receives a promissory note. He settles his debt to C with that note. Now there are two notes in circulation for one amount of gold. The goldsmith issues further notes, knowing that all claims would not have to be honored at the same time.
Everyone’s eyes are on The Federal Reserve this week as its Board of Governors meets to discuss hiking interest rates in the US for the first time since 2006. We’ll help you be the smartest person in the room (assuming Janet Yellen's not there) when it comes to understanding the Federal Reserve and how we all should feel about a rate hike.
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