Reddit mentions of End the Fed

People should be much more upset about the phrase "Federal Reserve Note".

This is what real money looks like.

End the Fed

You do know that there is one candidate that Wall Street is afraid of, right? There is one candidate that receives almost no money from any major corporation, but his donations come from the 99%. He is considered taboo though because he is not part of the democratic party. The media ignores him because, like Wall Street, they are afraid that he will attempt to dismantle the banking industry as we know it. He has been talking about the problems on Wall Street for decades and even wrote a book about it before OWS was cool.

If you haven't figured it out yet, his name is Ron Paul and his book is End the Fed.

Now please excuse me, I must prepare for the massive amount of downvotes I am about to receive. You see, it's not "cool" to talk about politicians who want to fix the problem, it's only cool to be standing around on Wall Street talking about the problems.

You think Bernanke is concerned with income equality? His monetary policy is designed to keep the "too big to fail" banks as healthy as possible. He is the banks' #1 crony.

I highly, highly suggest you read a couple books:

End the Fed

and

The Creature from Jekyll Island

The second book is especially interesting. It was the banking elite that wanted the Federal Reserve. Binding money to a commodity like gold restricts any sort of control of monetary policy. That is why Nixon ended Brettan Woods in '71 as well.

Really? You just think he wants to "End the Fed". Where do you get such ideas?

You're silly by the way. A very silly person.

Ron Paul vs Barney Frank.

The Fed Audit

The Creature from Jekyll Island: A Second Look at the Federal Reserve

End the Fed

It's alright. That's why you need to educate yourself and be able to stand up for him. If you choose to defend him on facts rather than emotion you will convince people.

A general comment, read his books revolution, end the fed, and liberty defined. You can even buy them in a bundle.


another great book from a great thinker, andrew napolitano

You don't have to agree with everything these people say to support them. If you understand the core principles and believe in the constitution and free, unalienable rights, then we can at least have educated discussions about these ideas and how to deploy them. And I am writing in generalities... I'm using "you" in a very broad, non-descriptive sense.

It's all right here... and you're way off from what he is proposing.

We have already defaulted. Bernanke is printing money, although we use the phrase 'money printing' loosely because he is really just pressing buttons on a computer and increasing balances at the Fed.

Taxes have already been raised - it's called inflation. The CPI is a flawed calculation. It used to be based on maintaining a certain standard of living. It no longer is. The real inflation rate is at least 5% - 10%.

World conventional oil production has peaked. The COLLAPSE is imminent. Every time the real economy starts growing, it runs into $90/bbl oil.

It doesn't matter if you raise the debt ceiling or not. We either default literally or experience a hyperinflation.

The jobs data on Friday was a gain of only 18,000, after last month's abysmal 55,000. Using 'The Economist' is hilarious. It's like citing Krugman. The consensus by "mainstream" economists for Friday's jobs number before it was released was a gain of 90,000. Bernanke will have to initiate a QE3 and then a QE4, etc. (QE = money printing).

Yes, it is true that during the Great Depression, the Fed tightened too quickly. However, the Fed's policies enabled the speculation that caused the Great Depression, and the inflation under Carter, and the tech bubble in the 1990s, and the housing bubble. If you keep interest rates artificially low and make it clear that the government will bail out banks (moral hazard) you get bubbles. Bubbles pop.

I come here and just laugh at people arguing about raising taxes and cutting spending. The debt isn't containable. If you subtract the deficit from the GDP calculation, you see that the recession is still full-on. But, it's not actually a recession in the traditional sense - it's a collapse.

Because the real economy cannot grow out of its debt, the only way to "save" the country would be to make drastic cuts to spending in next year's budget (like $2 trillion) and deliberately go into a depression for a few years. We shouldn't have bailed out the banks, either.

The problems in 2008, in the EU, in Japan, and in all the heavily indebted nations of the world are not problems of liquidity. They are problems of insolvency. Until we allow the bad debts to be dissolved and defaulted upon (the Fed's balance sheet is $2.78 trillion), there will be no recovery of any kind.

A gold standard forced fiscal discipline. That's why we got rid of it. The bankers don't like having to be disciplined. The politicians know they can just string people along with spending promises to pacify them. The Federal Reserve, the government, and their Keynesian policies are the root of all of our problems.

But, Krugman tells liberals what they want to hear - just spend more money, so you all follow him. If the planet had infinite resources, Keynesian economics would actually work.

End The Fed

Now, I doubt anyone will even read this far, and that's fine. Or, I'll just be labeled as a crazy libertarian, and that's fine too. It's not like I want the country to collapse, though. That's just what the facts show.

In a way, I'm kind of looking forward to the COLLAPSE, actually. We can completely get rid of Social Security, Medicare, Medicaid, and all that social spending nonsense in one swoop. And, we can repeal the Sixteenth Amendment. We can restore actual, genuine, authentic free-market Capitalism where bad banks and union destroyed companies like GM fail. I have my gun for the next civil war. Do you have yours?

/rant off

Lost the password to the original account.

I don't have to care about people who make bad decisions. I don't expect you to pay my bills if I make bad decisions. She could have had an abortion, could have used birth control, could have given the kid up for adoption. And, on top of that - TO HAVE ANOTHER FUCKING KID AND TELL ME ABOUT IT LIKE I WAS SUPPOSED TO BE HAPPY FOR HER - THAT'S INSANE.

I don't know if you're aware of where babies actually come from, but they don't just happen. Decisions lead to babies. People who think they have a right to food or water or healthcare or to have society support their kids are wrong. You cannot have a right to "things" in a world of limited resources.

It's one thing to ask for my help personally or the help of a charity, but she just expected the government to be there to support her. She just expected other people to pay for her bad choices. People like that just take us all down with them. That's why social programs cannot work - it's known as the free-rider problem. The only reason America's social programs have lasted this long is because of our great wealth, abundant resources, and the initiation of the GREATEST PONZI SCHEME ever when Nixon closed the gold window and made it so the rest of the world had to use the American Dollar - keeping its demand high.

I'm actually not angry because I know that THE GREAT COLLAPSE is well under way. That will get rid of all the useless people. I think like 7 million or so die during the Great Depression, and the country wasn't nearly as over-populated and people actually knew how to take care of themselves then. THE GREAT PURGE will be refreshing. Humanity can start over. America can start over.

Maybe I am angry. But, I think it's just more annoyance. People in this nation, and everywhere feel they are entitled. By this time next year, they're all going to find out just how entitled they really are.

Human beings are not special. They are the only species that doesn't reach some type of balance with the planet. Mother Nature is just getting its revenge with climate change and the fact that oil (which is absolutely necessary to feed 7 billion people) has peaked - at least conventional production.

If this all ends up leading to another World War (Germany experienced a hyperinflation and the world had experienced a terrible economic collapse leading to WWII - although, the Federal Reserve enabled the speculation that lead to the Great Depression, anyway), I'm just going to overdose and leave this world. Gerald Celente expects another world war. That's not a world I want to live in.

The root of many of our problems is the Federal Reserve, combined with the Sixteenth Amendment and fiat currency which allows the top to suck the wealth up from the bottom.

http://www.amazon.com/End-Fed-Ron-Paul/dp/B004IEA4DM/ref=sr_1_1?ie=UTF8&qid=1310507503&sr=8-1

I do come on here to rant and rave. I don't know why. It doesn't make me feel better. I just pity these people on here who seem to have no clue about the terrible economic collapse from America to the UK to the EuroZone to Japan to China that is coming. There's no way to save them all. No way to save most of them. And, they're all in denial and refuse to make even the most basic preparations.

Oh well.

Good luck to you, sir or madame. As soon as Bernanke is forced to start QE3 or Italy or Spain needs a bailout or Greece defaults or Japan has to print more money or China's inflation gets out of hand or there is another terrorist attack (if I were Gaddaffi, I'd blow up another plane - just proves Iran and North Korea shouldn't give up their nuke programs like Gaddaffi did), everything will spin out of control. Within a week or two of things spinning out of control, store shelves will be empty. Civil unrest. Maybe civil war or martial law.

Good luck to you and your family.

Exactly. You need someone well-read in political theory.

Ron Paul for example has written and published a number of books, mostly on monetary policy and foreign policy:

A Foreign Policy of Freedom: Peace, Commerce, and Honest Friendship

Pillars of Prosperity

The Case for Gold

Gold, Peace, and Prosperity

End the Fed

Liberty Defined: 50 Essential Issues That Affect Our Freedom

He provides READING LISTS to his political opponents, like Rudy Giuliani:

Educating Rudy: The Ron Paul reading list