What is the purpose of the Fed?

What is the purpose of the Fed?

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to create debt

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enslave the goyim

Here you go kid. First one is free.

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Destroy God.

To funnel wealth of the little people to the elite via interest and inflation. They call it (((facilitating economic growth))). But really it is just slow and steady transfer of wealth to the top

didn't the central bank exist before the "petrodollar" system though?

Jup. But it was a ponzi scheme, so after it defaulted on gold first domestically and then internationally a new basis was needed to keep demand for the dollar.

youtube.com/watch?v=Ll3uipTO-4A

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>that artificial demand keeps the currency strong in relaation to other currencies, allowing them to drive prices down without having to raise wages

why does a strong currency drives prices down without needing to raise wages? I don't understand the sentence, and the cause and effect

Why do care so much? Why won't you get yourself some girlfriend or some life

to inflate the dollar with endless printing

Make money.

The same as any other privately owned bank

exact same architectural style of government buildings built during the third reich

To keep control of the USA's economy in the hands of Jews who charge around 500 BILLION per year in interest to borrow our own money. Money they create out of thin air.

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To be a bunch of cocksuckers.

this is too convoluted. In slide 2 what is "counterfeiting"?

Kek

-Demand for currency should be determined by the labor output of the populace, rising wages, & the labor force's desire to purchase goods and services. (More working people or higher wages = More demand for currency so they can receive wages and purchase things with them)
-Artificial demand here could also be thought of in terms of external demand... other nations are doing business in this currency, and need more of it to conduct external business. (Think France wanting to buy increased amounts of oil from Iran, and needing more USD since the transaction is to take place in this currency)
-Money gets circulated back to internal use via various means
-Money supply internally outpaces actual demand for currency (More dollars in circulation than needed for wages and purchases by the labor force) **note, at this point, the Fed can take the money "out of public circulation" by purchasing government bonds with it, giving the government direct access to excess currency to spend on their favorite pet projects like installing "democracy" in the middle east**
-use some to purchase and import cheap goods from other places to expend excess capital
-nationally produced goods now must compete with lower priced foreign goods that flood the market
- they lower their prices to compete
-cut salaries and terminate some employees so they can still make a profit
-lower wages in local businesses, higher unemployment, lower prices for goods (and of course, an ever lower Actual Demand internally for currency)

Eventually you can see where this leads... to a nation with stagnant wages, high unemployment, very little to no functional manufacturing base of its own, reliant on imports, and eventually once the internal manufacturing is reduced enough the foreign sellers will raise their prices since competition has effectively been destroyed, the average laborer incapable of purchasing just about anything....

>Big USD allow People of Walmart to buy much cheap Chinese crap now Shartinmart Americans feel rich

>create a hidden tax via inflation
>make the wealthiest wealthier
>bankroll wars and scams
>bail out failing banks
Read pic related
>t. Banker IRL

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they loan the government money

>create a hidden tax via inflation

I guess inflation does make money being worth less and less, but you call it a "tax", so how does the government profit from inflation?

It doesn't have to pay back its debts.