Federal Reserve

Post Reply
Coito ergo sum
Posts: 32040
Joined: Wed Feb 24, 2010 2:03 pm
Contact:

Federal Reserve

Post by Coito ergo sum » Fri Feb 08, 2013 11:13 pm

So, do you know what it is? Do you know if it's part of the government or not? Do you know how money is created in the US and the rest of the world? Do you know what a Federal Reserve note is? Do you know what the gold standard was and why we aren't on it anymore?

Should the Fed be audited? Should we do away with the Fed?

Is it ironic that Andrew Jackson is on the $20 bill?

Does anyone know why the Presidents that are on the bills are on them?

Is it weird that the US's highest monetary denomination ever in public circulation does not have a President's face on it, but rather a US Treasury Secretary named Salmon P. Chase (who was also a Senator and a Chief Justice of the Supreme Court)?

User avatar
Ian
Mr Incredible
Posts: 16975
Joined: Thu Feb 26, 2009 6:42 pm
Location: Washington DC

Re: Federal Reserve

Post by Ian » Fri Feb 08, 2013 11:19 pm

It has something to do with the New World Order, right? :ask:

User avatar
Ian
Mr Incredible
Posts: 16975
Joined: Thu Feb 26, 2009 6:42 pm
Location: Washington DC

Re: Federal Reserve

Post by Ian » Fri Feb 08, 2013 11:19 pm

:dunno:

Coito ergo sum
Posts: 32040
Joined: Wed Feb 24, 2010 2:03 pm
Contact:

Re: Federal Reserve

Post by Coito ergo sum » Fri Feb 08, 2013 11:29 pm

Ian wrote:It has something to do with the New World Order, right? :ask:
I like the new world order -- novus ordem seclorum -- great motto, that.

This is not a conspiracy thread -- this is a discussion thread. Just because most people don't know what the bills they use as money are, and just because most people understand Calculus better than they do the Federal Reserve, doesn't mean that there is some sort of global conspiracy.

User avatar
Ian
Mr Incredible
Posts: 16975
Joined: Thu Feb 26, 2009 6:42 pm
Location: Washington DC

Re: Federal Reserve

Post by Ian » Fri Feb 08, 2013 11:45 pm

Oops. I thought this was in the Pub. My bad.

User avatar
Bella Fortuna
Sister Golden Hair
Posts: 79685
Joined: Wed Mar 04, 2009 11:45 am
About me: Being your slave, what should I do but tend
Upon the hours and times of your desire?
I have no precious time at all to spend,
Nor services to do, till you require.
Location: Scotlifornia
Contact:

Re: Federal Reserve

Post by Bella Fortuna » Fri Feb 08, 2013 11:49 pm

Coito ergo sum wrote:So, do you know what it is? Do you know if it's part of the government or not? Do you know how money is created in the US and the rest of the world? Do you know what a Federal Reserve note is? Do you know what the gold standard was and why we aren't on it anymore?

Should the Fed be audited? Should we do away with the Fed?

Is it ironic that Andrew Jackson is on the $20 bill?

Does anyone know why the Presidents that are on the bills are on them?

Is it weird that the US's highest monetary denomination ever in public circulation does not have a President's face on it, but rather a US Treasury Secretary named Salmon P. Chase (who was also a Senator and a Chief Justice of the Supreme Court)?
What are you, some kinda freak? :what:
Sent from my Bollocksberry using Crapatalk.
Image
Food, cooking, and disreputable nonsense: http://miscreantsdiner.blogspot.com/

PsychoSerenity
"I" Self-Perceive Recursively
Posts: 7824
Joined: Tue Feb 23, 2010 1:57 am
Contact:

Re: Federal Reserve

Post by PsychoSerenity » Fri Feb 08, 2013 11:54 pm

A system to control people while making them think they are free.
[Disclaimer - if this is comes across like I think I know what I'm talking about, I want to make it clear that I don't. I'm just trying to get my thoughts down]

User avatar
Warren Dew
Posts: 3781
Joined: Thu Aug 19, 2010 1:41 pm
Location: Somerville, MA, USA
Contact:

Re: Federal Reserve

Post by Warren Dew » Sat Feb 09, 2013 5:49 am

Coito ergo sum wrote:So, do you know what it is? Do you know if it's part of the government or not? Do you know how money is created in the US and the rest of the world? Do you know what a Federal Reserve note is? Do you know what the gold standard was and why we aren't on it anymore?
Yes.
Should the Fed be audited? Should we do away with the Fed?
No.
Is it ironic that Andrew Jackson is on the $20 bill?
Yes.
Does anyone know why the Presidents that are on the bills are on them?
Yes.
Is it weird that the US's highest monetary denomination ever in public circulation does not have a President's face on it, but rather a US Treasury Secretary named Salmon P. Chase (who was also a Senator and a Chief Justice of the Supreme Court)?
No.

Seriously, you didn't learn this stuff in school when you were supposed to be studying Chemistry or something?

User avatar
JimC
The sentimental bloke
Posts: 74299
Joined: Thu Feb 26, 2009 7:58 am
About me: To be serious about gin requires years of dedicated research.
Location: Melbourne, Australia
Contact:

Re: Federal Reserve

Post by JimC » Sat Feb 09, 2013 8:43 am

There is a Reserve Bank of Australia.

It sets interest rates, I gather.

It has a Governor, which is a very impressive title, so I trust him implicitly.
Nurse, where the fuck's my cardigan?
And my gin!

Post Reply

Who is online

Users browsing this forum: No registered users and 28 guests