The Federal Reserve in a Single Sentence (HOM 31-A)

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  • Опубліковано 27 гру 2024

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  • @ProfessorBarth
    @ProfessorBarth  4 роки тому +3

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  • @kennethpipkin759
    @kennethpipkin759 Рік тому +27

    Great one-sentence answer. I can answer it with ONE word: UNCONSTITUTIONAL!

    • @greg7129
      @greg7129 Рік тому +7

      Yeah man ! You hit the nail squarely on the head. We the people have been acting like a flock of sheep way too long. Obey is all that we the people understand anymore.....cannot think for themselves, heavily indoctrinated .....on and on etc......... very sad. Peace and blessings

  • @MissRedneckAnarchist
    @MissRedneckAnarchist Рік тому +33

    In one sentence...The Federal Reserve is the greatest ponzi scheme of all time.

  • @mollygardens6646
    @mollygardens6646 Рік тому +12

    Complexity is a great way to hide a scam.

  • @FinanciallyGreat
    @FinanciallyGreat 2 роки тому +28

    Your challenge at the 30 second mark: Describe the Federal Reserve in a single sentence. Since I have studied this act from before you were born, I can do it in 1 word. The new-view description of the Fed in 1 word is: transducer.
    All Central bank corporations have been set up as transducers. A transducer is a machine that transforms one type of energy into another. An example is a microphone which takes air vibrations from the announcer’s voice and transforms it to electrical energy.
    The Jekyll Island Banker’s transducer is hidden within the concept called borrowing the National Debt. The key point to appreciate is that the thing that is “loaned'' by central banks is different from the thing that is “collected” as repayment from borrowers. The difference is the transduction.
    In the original version, the Bank of England Corporation loaned a Liability-Side-Credit (deposit) that increased the king and queens account balance. The transduction is the king and queen paid back their loan with the gold collected as taxes from its citizens.
    The great thing for the Bank of England Corporation is they loaned an entry on an accounting paper and were then paid back with gold. I call this transduction the Paper Money for Gold Franchise. Bankers put paper in one end of a loan, and gold came out the other end.
    Today, The 5 Fed Banks that filed a Comptroller of Currency Certificate of Organization (not the 12 co-op banks) buys Treasury Bonds with Fed Funds but is paid back with Demand Deposits. You probably don’t get this because universities don’t concentrate on the classifications of different fiat money authorizations. The point being that although Fed funds are Lawful Money because they originated as Clearing-House Certificates in the 1864 National Currency Act, they are only Lawful Money while on deposit in a Reserve Bank. The fact is Fed funds aren’t authorized to function as Legal Tender. The point is that citizens pay back the Treasury Bond with Demand Deposits, which are Legal Tender. Then the 5 Fed Banks (that filed a Comptroller of Currency Certificate of Organization) can exchange the Legal Tender for anything for sale in the US.
    In review; the Fed Banker’s transduce a Liability-Side-Credit in the Fed funds book into a Liability-Side-Credit in the Demand Deposits book. Consider this a type of money laundering. That's one of the tricks the Jekyll Island Banker’s built into the 1913 Fed Act text.
    The money laundering aspect is why my one word description of the Fed is: Transducer.

    • @mollygardens6646
      @mollygardens6646 Рік тому +9

      Thanks for your explanation. Another one word definition: Scam.

    • @phaedrussmith1949
      @phaedrussmith1949 Рік тому +4

      Nice analysis. I like the concept of transducer. Combining that with @Molly Gardens below, I would say that what the Fed does (as with all money-schemes) is transforms our lives into a abstraction that it then transfers to a very small minority. A conduit, perhaps, that transfers our lives into their opulence and excess wealth.

    • @Veevslav1
      @Veevslav1 Рік тому

      I summed it up in 1 word as well... Bullshit.

    • @gboundrepublictv7564
      @gboundrepublictv7564 Рік тому

      Exactly so that's why it's against public policy to demand payment in a particular form of coin or currency. Money of exchange is not necessary to settle money of account obligations. It is also unlawful to have foreign private negotiable instrument law to dictate public policy. It is considered a form of treason without remedy, which is built into the jargon of the Federal Reserve Act if you can decipher the language. It seems like a great system, and noone should be poor if you know how to function in banking minus all the propaganda. Banks have power to borrow money and pay interest. So who is really the creditor in these transactions???? It's a tricky game

    • @neilaleksandrov2655
      @neilaleksandrov2655 7 місяців тому

      @@phaedrussmith1949 i love that description, opulence! this is a good word to describe it.

  • @BlockchainTech101
    @BlockchainTech101 6 місяців тому +1

    The monetary system shapes our political institutions and decision-making processes.

  • @DiscipleCaleb
    @DiscipleCaleb Рік тому +5

    Surprise surprise! They never taught me this in school.

  • @laura09mm
    @laura09mm 7 місяців тому +1

    So, what’s the difference between this cartel and King George (British government)?

  • @joeharmon3301
    @joeharmon3301 Рік тому +3

    I appreciate your work.

  • @966396631
    @966396631 Рік тому

    3:36

  • @raphaelward1711
    @raphaelward1711 Рік тому +6

    Like this guy's videos people, good research well presented

  • @greghanlon2235
    @greghanlon2235 Рік тому +1

    Federal Reserve priorities cater to Bankers, Wall Street, Insurance Companies, Corporations and............................................................ then average Americans. In that order. I was going to use more leader dots but thought it might run off the screen. Just my opinion if it matters.

  • @anthonysthoughts8373
    @anthonysthoughts8373 11 днів тому +1

    Hey stumbled across your videos super helpful in selflearning about the economics o fthe banking system I also am an Economics stundet at asu haha

    • @ProfessorBarth
      @ProfessorBarth  10 днів тому

      Cool, I'm teaching History of Money on Tempe campus in Fall 2025 (HST-302). Sign up if you need an upper-division credit!

  • @farinshore8900
    @farinshore8900 Рік тому +1

    CARTEL, because these banks are corporations whose obligation is to produce profit for its investors. There is a conflict of interest if serving the public interests threatens the profits of the shareholders.

  • @lannyhoover1625
    @lannyhoover1625 Рік тому +1

    Whose $$ funded the formation of the Federal Reserve Bank? How are they paid back?

  • @kristinbeazley6538
    @kristinbeazley6538 Рік тому

    Uh, oh. I am very new to this kind of thing. I just looked through all of the Human Design charts (family and friends) that I recently entered into the Human Design App. and it appears that I am the only one out of us having the #15 filled. It is colored all the way to the block beneath it. Scary. This is making me dizzy. Lol. Thank you for your videos. They are helpful for learning about this system.

  • @odis-edgardavidsonthefamilyof
    @odis-edgardavidsonthefamilyof Рік тому +1

    Cartell cabal kabala

  • @mrledhead68
    @mrledhead68 Рік тому +9

    Cartel.

  • @carlitaticconi6655
    @carlitaticconi6655 8 місяців тому

    I think there is an easy answer to the question of whether the Fed operates as a syndicate or a cartel- are its balance sheets transparent and open to the public? If not, even if it were not created as a cartel, human nature and the protection of secrecy would ensure that it become one.

  • @fernan5320
    @fernan5320 7 місяців тому

    The Queen of Sheba will unlock the secrets of the Fed.

  • @thecat8859
    @thecat8859 Рік тому

    You are tops at getting to the bottom of things, comments helping too, and powerful tool use it to help education and find the solution OK

  • @fbnprz8088
    @fbnprz8088 Рік тому +1

    Two words " corrupt ponzi" we the people need to abolish F.R. congress has the power.

  • @TheHistoryofPropaganda
    @TheHistoryofPropaganda 9 місяців тому

    I can get it down to three words: Louis Dembitz Brandeis.

  • @datrucksdavea2080
    @datrucksdavea2080 21 день тому

    Sure I'll give a crack. "The Fed system has been granted the authority to effect the cost of money, in hopes of control inflation, employment and its member banks from going bankrupt, it coordinates it's efforts with the treasury that prints the currency and issues debt."

  • @odis-edgardavidsonthefamilyof

    New York

  • @lloydgilham6153
    @lloydgilham6153 9 місяців тому +1

    A group of federal banks assigned to keep liquidity in the system.

  • @daniell.dingeldein9717
    @daniell.dingeldein9717 7 місяців тому

    definitely a cartel..a financial/monetary mafia

  • @odis-edgardavidsonthefamilyof

    Sym bols

  • @odis-edgardavidsonthefamilyof

    The purple gang

  • @gonebamboo4116
    @gonebamboo4116 Рік тому +2

    A serial, bubble blowing scam

  • @winstonsmith8240
    @winstonsmith8240 Рік тому

    Im a bit dumb so I'll just go in alphabetical order.

  • @edwardmclaughlin7935
    @edwardmclaughlin7935 6 місяців тому

    Oh I could give you a much, much better sentence than that.

  • @TonyMyerson
    @TonyMyerson 5 місяців тому

    🤙❤️😇😎🌺🤙❤️😇😎🌺 0:45

  • @ltethan649
    @ltethan649 3 місяці тому +2

    i'll break it down to one word. Fraud