RE: RE: The Fed Doesn't Print Money: What Are Reserves
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RE: The Fed Doesn't Print Money: What Are Reserves

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I keep repeating the same thing because it seems people refuse to learn. For example:

If the FED is not printing money then how is this obviously unfair system syphoning value from us plebs?

Umm if the Fed was printing it, why did Blackrock (I presume Fink) say the next downturn, the Fed will need to go direct. If they were doing what so many claim, they would already be going direct and "injecting liquidity" into the system.

The central banks arent exploiting since they are nothing more than a promotional firm. Even Ben Bernanke stated this:

When I was at the Federal Reserve, I occasionally observed that monetary policy is 98 percent talk and only two percent action. The ability to shape market expectations of future policy through public statements is one of the most powerful tools the Fed has.

This are his own words (link here).

Stop telling people why they are wrong and start telling them why they're fucked by the current system.

The will not understand why they are fucked because it is not the system that fucks it. Instead it is who controls is.

And that is why it bears repeating, over and over. Until people learn what is going on and how things work, they will not grasp any of it.

It is why crypto is beyond even those involved in it. They think it is something new. It isnt. Monetary systems have not changed. Money does, but the system remains the same.

So for those who still want to espouse things like it is 1920 (and even then what they claim isnt accurate), then they will keep getting a reminder of how it is now so.

The underlying implied message that you are sending with these posts is that everything is fine because they don't print money.

This is not the message, either overt or implied. The message is stop looking in the direction that means very little. Until the focus is upon that which is causing the damage, no progress is made.

That is why I use a phrase like banking cartel and talk about why the central bank system is not relevant. It is mirrors while the actual activity, undertaken by the commercial and investment banks, is ignored.

@taskmaster4450le: I keep repeating | Ecency