6 votes

1st Annual "Learn About The Federal Reserve Rally," Dec. 22?

What if we started a national annual LEARN ABOUT THE FEDERAL RESERVE rally on Dec. 22. As we all know the dreadful act was passed on Dec. 23, but why not make the 22nd the signifying day to oppose it. The END THE FED signs would obviously play a part in this, but why not make an easier call to action "LEARN ABOUT THE FEDERAL RESERVE". We could do this in front of busy malls with thousands of Christmas shoppers. It also reinforces the understanding of how many terrible laws are passed and signed during this time of year. Learning about the Federal Reserve is an extremely charitable gift to pass on as we all know its the culprit to our bad economy. This event also gives libertarians a charitable cause for the Holidays to be active in. How cool would Santa Claus look holding an "END THE FED" sign? Please share and comment to show popularity if you find this interesting. Share any extra thoughts on what would help or be better for this. All just ideas, what are yours?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

They need to explain what

They need to explain what they do in terms we can understand. NPR radio hosted a spokesman for the Federal Reserve who proceeded to explain the openness and transparency of their business operations. "We post a weekly update on our website."

The NPR host asked the spokesperson to explain what they do. After the explanation, the host said, "I don't understand a single word you said."

I fell out. I have never heard a radio host say that he was completely confused by the interviewee.

"With enough of us, around the world, we’ll not just send a strong message opposing the privatization of knowledge — we’ll make it a thing of the past." ~ Aaron Swartz

maybe a layman's term info handout on the Federal Reserve

Maybe a layman's term info handout on the Federal Reserve to get the points that will target a uninformed citizen's interest.

"In the beginning of a change, the Patriot is a scarce man, Brave, Hated, and Scorned. When his cause succeeds however,the timid join him, For then it costs nothing to be a Patriot.” ~Mark Twain

Monetary Policy

I went back to listen to the year old podcast. They are transparent posting everything on their website including the meetings. You have to have a financial background to understand their disclosures.

http://www.federalreserve.gov/monetarypolicy/fomcminutes2012...

The Fed guy said everything in the Federal Reserve is audited except their Monetary Policy decisions.

The Federal Reserve creates money out of thin air. They buy assets and generate liabilities on their balance sheet.

He said the Federal Reserve never loses any money with their lending to financial institutions. "We, The Federal Reserve, fund ourselves. We don't buy anything on credit. We buy bonds in secondary markets(a portfolio) from a bank. We earn interest off of these Treasury and Mortgage backed securities. We pay our bills and turn the rest back into the Treasury. All Central Banks have this ability to create money. All those who abuse it by expanding the money supply (asset buying), end up causing run away inflation.

We must have credibility to conduct our Monetary Policy. We must not let inflation get out of control. We must have the faith of the banks and the country at large. We must maintain price stability."

Ha! This is my first lesson in Monetary Policy.

"With enough of us, around the world, we’ll not just send a strong message opposing the privatization of knowledge — we’ll make it a thing of the past." ~ Aaron Swartz

Great idea

Education about the federal reserve is crucial!

We must end the Fed AND the rest of the Global central banking cartel!

No Doubt

FEDERAL RESERVE = BAD ECONOMY sign

"In the beginning of a change, the Patriot is a scarce man, Brave, Hated, and Scorned. When his cause succeeds however,the timid join him, For then it costs nothing to be a Patriot.” ~Mark Twain