Marty's Bent

Issue #663: Reminder Thursday

The Fed is the issue.

1 min read
Issue #663: Reminder Thursday
Share

As we sit here today, in the year of Our Lord 2020, it is easy to get caught up in the every day happenings of the world. To put one's head down and accept things as they are without question.

One subject that has become completely normalized over the course of the last 107 years, but definitely shouldn't be is the existence of the Federal Reserve. A private bank conceived by a cabal of private bankers during a secret meeting on a private island off the coast of Georgia in 1910 and rushed through Congress on December 23rd, 1913 as Senators were in a hurry to leave town for the Christmas holiday. Yes, it is not part of the government despite "Federal" being part of its name. Pretty Orwellian word play if you ask your CRAZY Uncle Marty.

Today, the Federal Reserve is an institution that is highly regarded despite its seedy origin story and history of debasing the wealth of an entire nation slowly but surely over time. TV men get all horny as they attempt to predict what the Fed will say during the next FOMC meeting. They then get giddy with dopamine as they try to dissect the words and actions that come out of those meetings. The words and actions that come out of this meeting have an undue effect on the most important interest rate in the world. The rate that dictates the price of the money we use.

Since inception, this institution has been corrupt at its core. Yet, it is a part of our every day life on this planet. Accepted as a foregone conclusion that we must put up with. It can't be audited and it shouldn't be questioned. It is an institution that is here to stay. AND DON'T YOU EVER FORGET THAT, PLEB.


Final thought...

I should really get some sleep before the arrival of this baby.

News and analysis, not financial, investment, legal, or tax advice. Figures and quotes are verified against primary sources where possible. See our editorial and financial disclosures.

Keep reading

All of TFTC

The Bitcoin Brief

Bitcoin, markets, energy, and the tech reshaping all three.

A daily brief on the freedom tech building a parallel economy, written for the curious and the convicted alike. Signal, not noise. Truth for the Commoner.

Free, daily. Unsubscribe anytime.