Apollonian is reading too much von Mises (a jew) as channeled by various libertoonians---there is nothing unusual, immoral, but, possibly fattening, about fractional reserve banking, and fractional reserve money, known in the real world as "reserves" or reserve requirements.

There is a problem with self-regulation by the banking industry, the influence of tribesmen like Greenspan, the undemocratic nature of the federal reserve board, the setting of monetary policy by the banks themselves and the tribesman, of which the jews are not the only tribe of influence, and all of this leaving us White Americans out in the cold in our own country.

We really need a rational "White" critique of Federal Reserve, and Federal Reserve policy. We need to include guys like William Greider, Barlet & Steel, and others who are critical White voices---and not libertoonians, jews or end ot the worlders advocating buying silver and gold and burying it in the back yard. :cool:

I don't doubt that the greater majority of libertoonians, or any other political ideology resident in America, realize that "von" Mises was a jew. A very crafty jew.

Apollonian is reading too much von Mises (a jew) as channeled by various libertoonians---there is nothing unusual, immoral, but, possibly fattening, about fractional reserve banking, and fractional reserve money, known in the real world as "reserves" or reserve requirements.
...
Talking about "fractional reserve banking" and "reserve requirements" in regard to the Federal Reserve is like talking about optional course corrections after the ship has sunk. The Federal Reserve is a private company that was established in 1913, during the Woodrow Wilson administration. It steals hundreds of billions of dollars a year out of our economy... which should be going into the treasury [1913 was also the year that the Federal Income Tax came into being].

The use of "fiat money" negates the concept of reserve requirements... since this money is just printed-up at the will of the Federal Reserve... without anything substantiating the value of the paper money [aka: notes]. IMHO... The Federal Reserve should be abolished... period. Managing the National Currency is why our Founders gave us the US Treasury Department.

;)

Talking about "fractional reserve banking" and "reserve requirements" in regard to the Federal Reserve is like talking about optional course corrections after the ship has sunk. The Federal Reserve is a private company that was established in 1913, during the Woodrow Wilson administration. It steals hundreds of billions of dollars a year out of our economy... which should be going into the treasury [1913 was also the year that the Federal Income Tax came into being].

The use of "fiat money" negates the concept of reserve requirements... since this money is just printed-up at the will of the Federal Reserve... without anything substantiating the value of the paper money [aka: notes]. IMHO... The Federal Reserve should be abolished... period. Managing the National Currency is why our Founders gave us the US Treasury Department.

;)

What do you think banks did before the establishment of the Federal Reserve?What per cent of reserves/deposits do you think banks lent to customers before the establishment of the Federal Reserve? Well, I will tell you---no one knows for sure! Because every bank set its own ratio of lending to reserves/deposits. That's why every few years you had disastrous bank failures, runs and panics! Some of these panics were local in nature, some regional, and the big ones are in the history books and were national in scale & destruction.

You had fractional reserve banking before the establishment of the Federal Reserve!

I'm a very busy fellow, but, I hope to take a few minutes and straighten some misconceptions out about money and banking. Meanwhile go back and read my prior posts again.

I will even tell you gentlemen about Carter Glass...unless someone else wishes to enlighten you. ;)

Apollonian is reading too much von Mises (a jew) as channeled by various libertoonians---there is nothing unusual, immoral, but, possibly fattening, about fractional reserve banking, and fractional reserve money, known in the real world as "reserves" or reserve requirements.

There is a problem with self-regulation by the banking industry, the influence of tribesmen like Greenspan, the undemocratic nature of the federal reserve board, the setting of monetary policy by the banks themselves and the tribesman, of which the jews are not the only tribe of influence, and all of this leaving us White Americans out in the cold in our own country.

We really need a rational "White" critique of Federal Reserve, and Federal Reserve policy. We need to include guys like William Greider, Barlet & Steel, and others who are critical White voices---and not libertoonians, jews or end ot the worlders advocating buying silver and gold and burying it in the back yard. :cool:

Hear, hear Polybius I used to be one of those libertoons in a past life. Experience has taught me that neither "Chicago School" or "Austrian" economists have a grasp of reality. I gave up on this nonsense when I realized I knew more and made more investing than all my "gold bug" friends ever did.

Liberals and a few economic nationalists on the Right have a far better grasp of things economic than these fools. To those interested read Paul Krugman, Kevin Phillips, Paul Craig Roberts, or listen to Lou Dobbs to understand how the world of money really works.

I believe fractional reserve banking started with the Medici's. This is how the modern economies of the world took off.

Hear, hear Polybius I used to be one of those libertoons in a past life. Experience has taught me that neither "Chicago School" or "Austrian" economists have a grasp of reality. I gave up on this nonsense when I realized I knew more and made more investing than all my "gold bug" friends ever did.

Liberals and a few economic nationalists on the Right have a far better grasp of things economic than these fools. To those interested read Paul Krugman, Kevin Phillips, Paul Craig Roberts, or listen to Lou Dobbs to understand how the world of money really works.

One of these days I'm going to get around to reading Bill Greider's book about the Federal Reserve, *Secrets of the Temple*. I would think that most of it is up to date even though it was published in the late 80's. The only major change being the gutting of the Glass-Steagle Act in the late 90's i.e.the elimination of the firewall between commercial banking and investment in (sales of) equities. One of the big reforms, that Carter Glass pushed, and was destroyed in the enthusiasm for the 90's equity bubble. Naturally, the jews like Rubin, Sommers, etc. played the usual jew role.

I'm ambivalent about Paul Krugman; I don't quite know what to make of him? My jewdar detects a little something there, but, not real clearly. Lester Thurow of MIT has his positive moments too...and he is a White man. :D

Lew Dobbs is fun, Paul Craig Roberts can be fun, Kevin Phillips is probably the most brilliant classical political economist alive, but a total coward on the naming & even more importantly making a political economic interpretation of the jews. Phillips also has run away from the issue of immigration/invasion by foreign nationals. His recent critiques of Bush, elitism and big money are good---but---that's only part of the problem. In my humble opinion, the jews are manipulating that part of the problem too.

Info on the Federal Reserve and other money matters:


http://www.the-privateer.com/gold2.html

http://www.ex.ac.uk/~RDavies/arian/current/howmuch.html

http://www.zealllc.com/2003/infdef2.htm

http://www.investopedia.com/articles/basics/03/061303.asp

http://www.apfn.org/apfn/reserve.htm

http://www.bigeye.com/griffin.htm

http://globalresearch.ca/articles/ENG407A.html

http://www.faem.com/letters/d0228ed.htm


Reserve banking is not a bad thing under a NS capitalist system controlled by whites for whites w/o any foreign interest. The problem is the jews, of course.

Oringinally by Polybius:

We need to include guys like William Greider, Barlet & Steel, and others who are critical White voices---and not libertoonians, jews or end ot the worlders advocating buying silver and gold and burying it in the back yard.

Buying gold may not be the best thing to do considering that buying gold at $421.90 (current price this second) may only net you a 50% gain. However buying silver with the same time premium would net over 1000%. That is more than a good investment... no matter where you put it.