How the Federal Reserve Funds Endless Wars and the Case for Ending It

The Federal Reserve's Role in War Funding

• 🎯 The Federal Reserve acts as a venture capitalist for new wars, a role it assumes whenever Washington desires one.
• 💡 Historically, World War I was funded by 21% tax dollars, 56% Fed-backed borrowing, and 23% money creation, a model that has worsened with subsequent wars.
• 💰 The Fed funds wars by printing money out of thin air to buy U.S. treasuries, effectively providing the government with funds for military action.

Critiques of the Federal Reserve and Interest Rates

• 🚫 The Federal Reserve should not exist; interest rates should be set by the marketplace, not by institutions like the Fed or individuals like President Trump.
• 📈 The Fed's actions, such as fixing interest rates, are akin to price-fixing, benefiting themselves and the government, primarily the cartel of banks.
• ⚠️ Lowering interest rates, as advocated by some, would lead to more inflation, which is already a significant problem affecting everyday costs.

Historical Context and Economic Policy

• 📜 The creation of the Federal Reserve in 1913 coincided with the introduction of the income tax, initially for the wealthy but expanded to the entire population during World War I.
• propaganda Disney produced propaganda, like the Donald Duck cartoon, to promote the idea that paying taxes was patriotic and necessary for war efforts.
• 📉 The U.S. is in a state of decline, manufacturing little, with a divided populace, and is heading towards potential conflicts with nations like Iran, Russia, and China.

Alternatives and the Gold Standard

• 💰 The U.S. dollar is not backed by anything tangible, unlike BRICS nations' currencies which are backed by gold, precious minerals, and commodities.
• ⚠️ A gold standard is unlikely in the near future unless a severe financial crisis occurs, as the government and the 'empire' do not want the restraint it imposes.
• 📚 Chris Rasini's book, "Set Money Free," argues for ending the Fed as a key to restoring liberty, peace, and prosperity, with a foreword by Congressman Ron Paul.

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