• Quick note - the problem with Youtube videos not embedding on the forum appears to have been fixed, thanks to ZiprHead. If you do still see problems let me know.

Federal reserve debunkers I need alittle help

proxywar

Banned
P
Joined
Jan 16, 2008
Messages
228
So I was on my site today and a truther is passing this off:

"If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913."

It seems like his explaination is rather to suggestive to be true.


followed by:

"The REAL purpose of the Federal Reserve was to hand the country's remaining wealth over to the internationalist bankers who own the PRIVATE Federal Reserve, which is not federal nor a reserve. This gave the bankers the power to print worthless paper money out of nothing, causing inflation and thus giving them the power to break the currency at their own will, for their own nefarious purposes. This is why the dollar is worth so little today. This is happening by design and to usher in a new form of totalitarian control."

I always thought it was both private and public.

Any thoughts?
 
Last edited:
I not aware of anyone claiming that the Fed is the first institution in the history of the world to be perfect. It made lots of mistakes before and during the Great Depression, particularly in its tightening of the money supply and its handling of international gold standard issues.
 
Last edited:
You know what I think? No? Well then I'll tell you... I think that economics is just too complicated for any one person to grasp entirely. Sure, lots of people say they understand economics, but do they really? How would you know?

I think that if anyone ever actually figured out how it all works and published their findings in a form that everyone else could understand, the whole house of cards would come tumbling down like the universe did in that Arthur C Clarke story, "The nine billion names of God".

So kids, be careful what you wish for...:hypnodisk
 
I have a few questions for you gravy because this truther I'm dealing with is annoying.


I was trying to think what the hell does he mean by not federal nor a reserve. Is he trying to imply the money is continually printed at will for some "nefarious purposes"? I don't get his CTist lingo. Also is internationalist banker a BUZZ WORD for JEWS?

I've been thinking gold and paper are evaluated by en mass presepective to determine their value. Meaning if a majority of our Country men/women recognize the Dollar bill as the accepted currency than it will be circulated as the national currency but has no more value than say if gold was still our nations currency. Am I wrong in this scenario? If so, Which is better to deal with inflation paper currency or gold currency?

I read this book mobs, messiahs, and markets besides the bias history lesson they seemed to suggest investing in Gold is the way to remain wealthy incase of another stock market crash.
 
Last edited:
Brainache said:
You know what I think? No? Well then I'll tell you... I think that economics is just too complicated for any one person to grasp entirely. Sure, lots of people say they understand economics, but do they really? How would you know?
Click to expand...

That's similar to what mobs, messiahs, and markets had to say.
 
Gravy said:
And yes, "international bankers" is often a euphemism for "money-grubbing Jews," but not always. ;)
Click to expand...

In my experience, it generally stops being the euphemism you say as soon as you ask the person using it whether or not it is!
 
Federal Reserve debunkers can't help you

Proxywar,

The Federal Reserve is an utter abomination. It is immoral, unconstitutional, deceptive, and completely fraudulent.

The Federal Reserve Notes issues are IOU NOTHINGS - Little Green Lies. The Federal Reserve Notes issued are certainly not money. (For the slow, debt is not money.)

The functions of the Federal Reserve are many.

The primary function is to surreptitiously siphon off the productive gains from "dollar" holders, present and future, by facilitating an unconstitutional check-kiting scheme between the US Treasury and the Federal Reserve. Both issue paper that serves as collateral for the other, yet that neither has any intention of, nor ability to honor. (We would go to prison if we did the same thing.)

The dance of deception between the Federal Reserve and the US Treasury facilitates deficit spending, of which Alan Greenspan, former chairman of the FR for 17 years, said, "Deficit spending is simply a scheme for the confiscation of wealth."

What is the publicly-claimed function of the Federal Reserve? Why, it's to protect us from inflation. What a cruel, sick joke. The FED is the dynamo of inflation. Inflation is nothing but currency devaluation. The FED deliberately inflates or debases the currency! That is it's function!

Perhaps you should open your mind a little, and listen to that truther. You are on the wrong side of this one. (And remember, if he is right about the FED, you might want to consider what he is saying about 911 truth.)

Max

P.S. I have an MBA from the Wharton Graduate School of Finance, if that means anything.

ETA: By the way, "Federal Reserve" is the greatest marketing name ever.
 
Last edited:
^ i've been reading that gravy and it is a great source of infromation for dealing with these pricks.

However... What threw me off was this...

"If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913."

The reason being, the first myth only discusses how the Aldrich Plan was rejected do to the "money trust" issue, which Wilson was staunchly voical about. And how the outline of the Aldrich plan emerged to create the Federal Reserve Act 1913 making the Federal Reserve System privately owned but publicly controlled. Which I suppose should of helped america out of depression instead of landing america into another depression in 1924.

He used that primese to assert the rest of his argument.

Does he have a point or create a fallacy of some sort? I'm usually pretty good with catching fallacies But this one has me stumped. I'd like a real answer to this nonsene it would help me out.
 
Last edited:
Max Photon said:
Proxywar,

The Federal Reserve is an utter abomination. It is immoral, unconstitutional, deceptive, and completely fraudulent



The Federal Reserve Notes issues are IOU NOTHINGS - Little Green Lies. The Federal Reserve Notes issued are certainly not money. (For the slow, debt is not money.)

Debt is the opposite of Credit.

The functions of the Federal Reserve are many.

The primary function is to surreptitiously siphon off the productive gains from "dollar" holders, present and future, by facilitating an unconstitutional check-kiting scheme between the US Treasury and the Federal Reserve. Both issue paper that serves as collateral for the other, yet that neither has any intention of, nor ability to honor. (We would go to prison if we did the same thing.)

The dance of deception between the Federal Reserve and the US Treasury facilitates deficit spending, of which Alan Greenspan, former chairman of the FR for 17 years, said, "Deficit spending is simply a scheme for the confiscation of wealth."

What is the publicly-claimed function of the Federal Reserve? Why, it's to protect us from inflation. What a cruel, sick joke. The FED is the dynamo of inflation. Inflation is nothing but currency devaluation. The FED deliberately inflates or debases the currency! That is it's function!

Perhaps you should open your mind a little, and listen to that truther. You are on the wrong side of this one. (And remember, if he is right about the FED, you might want to consider what he is saying about 911 truth.)

Max

P.S. I have an MBA from the Wharton Graduate School of Finance, if that means anything.

ETA: By the way, "Federal Reserve" is the greatest marketing name ever.
Click to expand...

Sounds to me like you perfer liberty dollars. He isn't right about the Fed just because I haven't researched enough on the FED doesn't mean he is automatically right about it. I have considered the truthers 9/11 theory but after researching it enough I nolonger consider it anymore. I'm sure the Same will happen to the fed bollocks.

I'd like you to provide proof of your MBA.
 
Last edited:
proxywar said:
^ i've been reading that gravy and it is a great source of infromation for dealing with these pricks.

However... What threw me off was this...

"If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913."
Click to expand...

"If the purpose of civil engineering is to build bridges that don't fall down, then what about the Minneapolis bridge collapse, which was directly related to the civil engineering firm that designed it?"

"If the purpose of mattresses is to give me a comfortable night's sleep, then what about all that tossing and turning I did last night, which was directly related to my crappy mattress?"

Do you see where I'm going here? Incompetence is not evidence of a nefarious purpose.
 
sthomson said:
"If the purpose of civil engineering is to build bridges that don't fall down, then what about the Minneapolis bridge collapse, which was directly related to the civil engineering firm that designed it?"

"If the purpose of mattresses is to give me a comfortable night's sleep, then what about all that tossing and turning I did last night, which was directly related to my crappy mattress?"

Do you see where I'm going here? Incompetence is not evidence of a nefarious purpose.
Click to expand...

I'm picking up your logic. thanks.
 
proxywar said:
"If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913."

...

Does he have a point or create a fallacy of some sort? I'm usually pretty good with catching fallacies But this one has me stumped. I'd like a real answer to this nonsene it would help me out.
Click to expand...



I don't know if the fallacy has a formal name, but Gravy alluded to the problem earlier. What a thing is designed or intended to do is not always what it actually does. Consider:


"The purpose of an automobile airbag is to save lives. Yet, a young child or small adult is often at greater risk of injury or death when an airbag deploys."

Therefore, airbags are a plot against children and small adults! Except, not, they just didn't fully understand their effects at first.

ETA:, Or what sthomson said. Damn slow fingers!
 
Last edited:
proxywar said:
^ i've been reading that gravy and it is a great source of infromation for dealing with these pricks.

However... What threw me off was this...

"If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913."

The reason being, the first myth only discusses how the Aldrich Plan was rejected do to the "money trust" issue, which Wilson was staunchly voical about. And how the outline of the Aldrich plan emerged to create the Federal Reserve Act 1913 making the Federal Reserve System privately owned but publicly controlled. Which I suppose should of helped america out of depression instead of landing america into another depression in 1924.

He used that primese to assert the rest of his argument.

Does he have a point or create a fallacy of some sort? I'm usually pretty good with catching fallacies But this one has me stumped. I'd like a real answer to this nonsene it would help me out.
Click to expand...
I don't understand what you're stumped about. Unless your opponent has evidence that the publicly-appointed members of the Federal Reserve Board, over several years, conspired to somehow benefit by making policies that were bad for the national and international economies, he has no case. Also, there were many causes of the Great Depression. The Fed's actions were a contributing factor, not the sole one.

Remember who has the burden of proof here.

ETA: what they said ^^^
 
Last edited:
Max Photon said:
deleted rant about lack of pinned standard

What is the publicly-claimed function of the Federal Reserve? Why, it's to protect us from inflation. What a cruel, sick joke. The FED is the dynamo of inflation. Inflation is nothing but currency devaluation. The FED deliberately inflates or debases the currency! That is it's function!
Click to expand...

Inflation is only one potential problem that the Fed has to worry about. Their other function is to promote steady economic growth by tempering the see-saw effects of the business cycle. Sometimes, this necessitates inflating the dollar during economic contractions, but it also includes tightening up during expansions (which lowers inflation).

But a Wharton graduation should know this, non?

P.S. I have an MBA from the Wharton Graduate School of Finance, if that means anything.
Click to expand...

My economics professor liked to say, "The only people who know less about economics than engineers are MBAs."
 
Gravy said:
I don't understand what you're stumped about. Unless your opponent has evidence that the publicly-appointed members of the Federal Reserve Board, over several years, conspired to somehow benefit by making policies that were bad for the national and international economies, he has no case. Also, there were many causes of the Great Depression. The Fed's actions were a contributing factor, not the sole one.

Remember who has the burden of proof here.

ETA: what they said ^^^
Click to expand...

Yeah your right man I got paniced over nothing. Sorry I wasted your time.
 
sthomson said:
Inflation is only one potential problem that the Fed has to worry about. Their other function is to promote steady economic growth by tempering the see-saw effects of the business cycle. Sometimes, this necessitates inflating the dollar during economic contractions, but it also includes tightening up during expansions (which lowers inflation).
Click to expand...


O...kay
 
Last edited:
proxywar said:
So I was on my site today and a truther is passing this off:

"If the purpose of the Federal Reserve was to prevent depressions, then what about the Great Depression of 1929, which was directly related to the Federal Reserve. The Federal Reserve was created in 1913."

It seems like his explaination is rather to suggestive to be true.


followed by:

"The REAL purpose of the Federal Reserve was to hand the country's remaining wealth over to the internationalist bankers who own the PRIVATE Federal Reserve, which is not federal nor a reserve. This gave the bankers the power to print worthless paper money out of nothing, causing inflation and thus giving them the power to break the currency at their own will, for their own nefarious purposes. This is why the dollar is worth so little today. This is happening by design and to usher in a new form of totalitarian control."

I always thought it was both private and public.

Any thoughts?
Click to expand...

Why even bother? Even if you tell him the truth, it won't fit in with his fantasy, so he won't believe it anyhow.
 
You must log in or register to reply here.

Back
Top Bottom