The Federal Reserve Bank

The Federal Reserve Bank is not a US governmental institution. even though most Americans think it is. This has been a fallacy perpetrated on the American people for almost 100 years now. It is independent of the US government but through some nonbinding laws is somewhat accountable to the US Congress but has never been audited or truly overseen by the Congress. The chair and board of governor's staff testify before Congress and submit a Monetary Policy Report twice a year. Independently audited financial statements and FOMC meeting minutes are public but they are only superficial to reality. In reality, it is a cabal of bankers that have had free reign to print money out of thin air for almost 100 years. They then charge the American people interest on that creation of money. Not a bad gig if you can get it.

Job Openings Fall to Lowest Since 2021

Thinkstock As the U.S. economy continues to slow, job openings are declining. They peaked at more than 12 million in March 2022. Today the Labor Department reported just eight million openings in April, the lowest number since February 2021.The U.S. economy has been generating about 234,000 new jobs a month over the last year. The upcoming report due Friday from...

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How to Defeat the World Health Organization and Handle Pride Month

In this episode of Alex Newman’s The Sentinel Report, Newman covers the most pressing news, including Congress’ new statue of Billy Graham being unveiled, while Congressman Thomas Massie introduces the ‘Federal Reserve Board Abolition Act’ (HR 8421), also known as the ‘End the Fed’ bill. Plus, Dr. Richard Fleming, a physicist, nuclear cardiologist, attorney, and author of the new book,...

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China Sells Record Amount of U.S. Debt in First Quarter

Dilok Klaisataporn/iStock/Getty Images Plus According to the latest data from the U.S. Treasury Department, the People’s Republic of China sold off a record amount of U.S. Treasuries in the first quarter of this year. The latest offloading of U.S. government debt, totaling  $53.3 billion, continues a years-long trend of reducing Chinese exposure to U.S. dollar-denominated assets — even as the...

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Fed to Bail Out Bank of Japan

ktsimage/iStock/Getty Images Plus Though details are yet to emerge, it appears that the Federal Reserve has reached an agreement with the Bank of Japan to initiate a currency swap to shore up the faltering yen. US, JAPAN REPORTEDLY AGREE ON FX INTERVENTION— FinancialJuice (@financialjuice) May 8, 2024 Currency-swap lines have become in recent years a standard tool to maintain financial...

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Tucker: This was a disaster for America

good evening and welcome to Tucker Carlson tonight most people got poorer during the covid lockdowns probably poorer than they realize they're finding out now unfortunately but the tech companies got a whole lot richer and it's simple why politicians forced the entire population indoors at gunpoint so millions of people had no choice but to live out their lives...

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The Federal Reserve Is About to Go Full Banana Republic

According to an article on Yahoo! today, the top banana in finance, J. Powell, has already decided to go full bananatard. It is the financial hallmark of banana republics to print money in order to finance their debts. The Federal Reserve has never been allowed by law under its charter to do that because politicians were, long ago, smart enough...

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GAO: U.S. Fiscal Condition “Unsustainable”

zimmytws/iStock/Getty Images Plus The U.S. Government Accountability Office calls the U.S. government’s deficit spending “unsustainable” and says it poses “serious” challenges to the nation’s economic and national security. The GAO wrote, “We have reviewed the government’s bookkeeping and continue to find weaknesses that undermine reliability.”During last week’s annual Spring Meetings of the International Monetary Fund (IMF) and the World Bank...

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Prof. Antony Davies: 10 Myths About Government Debt

ANTONY DAVIES: Myths about the government debt. Myth number one, the government owes 20 trillion dollars. How much is 20 trillion dollars? Suppose you go to Germany, and in Germany, you go to every town. In every town, you visit every store. In every store, you look at every shelf and grab everything that is for sale. The amount of...

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Is Hyperinflation Coming?

Inflation is something that we more or less take for granted these days the idea that five dollars a day is not going to be able to buy five dollars worth of stuff in the future and the fact that you used to be able to buy a family home for Ten thousand dollars are all the result of inflation...

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End of the Road: How Money Became Worthless | Gold | Financial Crisis | ENDEVR Documentary

The strength of a nation's currency is based on the strength of that nation's economy and the american economy is by far the strongest in the world accordingly i have directed the secretary of the treasury to take the action necessary to defend the dollar against the speculators i have directed secretary connelly to Suspend temporarily the convertibility of the...

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