Why Does The Fed Hide How Much Debt They Own? (loans, deduction)

[Nor'Eastah]

The Federal Reserve isn't going to talk its book. They buy US Treasuries as indirect purchasers from the Cayman Islands. They MUST buy T-bills whenever an auction looks like it won't go off so well, just to protect their positions. Their POMO and TOMO purchases (permanent and temporary) would likely scare the dickens out of anybody who read the truth about them.

Why do you think Ron Paul wants to audit the Fed (and then abolish it)???

[Philip T]

Originally Posted by Bob from down south

I suggest you read the Constitution. Article 1, Section 8: Powers of Congress. "The Congress shall have the Power...To coin Money, regulate the Value thereof, and of foreign Coin..."

When the Fed outright monetizes debt by buying US Treasuries, it is handing us a bill to pay, a bill collected by force through taxation, or through the devaluation of the currency we store the value of our labors in. Now if that isn't a constructive act of a part of government, I don't know what is.

Ok.

We be friends, Bob.

[73-79 ford fan]

Those that question who currently controls the production of our money are on the right path.

History of the Money Changers - Fullscreen

[hilgi]

Originally Posted by 73-79 ford fan

Those that question who currently controls the production of our money are on the right path.

History of the Money Changers - Fullscreen

That is good but I like this one, it tells a good story and has some great interviews.


http://www.youtube.com/watch?v=swkq2E8mswI

[73-79 ford fan]

Originally Posted by hilgi

That is good but I like this one, it tells a good story and has some great interviews.


http://www.youtube.com/watch?v=swkq2E8mswI

Yep that's Bill Still and he has a book coming out soon.

[hilgi]

Originally Posted by 73-79 ford fan

Yep that's Bill Still and he has a book coming out soon.

This is the newest version of the video and he takes out all quotes that he could not verify.

[CosmicWizard]

Bob from down south wrote:

I suggest you read the Constitution. Article 1, Section 8: Powers of Congress. "The Congress shall have the Power...To coin Money, regulate the Value thereof, and of foreign Coin..."

When the Fed outright monetizes debt by buying US Treasuries, it is handing us a bill to pay, a bill collected by force through taxation, or through the devaluation of the currency we store the value of our labors in. Now if that isn't a constructive act of a part of government, I don't know what is.

Thanks Bob!

[RandyWatson13]

END the FED!

[ATTC]

Just re-discovered this site and thought I'd reiterate this question.

Again there is this huge perception that China is the majority holder of US debt, but it's actually the FED itself.

Yet there is little to no transparency whatsoever on the exact numbers of the ownership of US debt.

The closest thing we have is an article that is periodically updated on CNBC that was originally posted 4 years ago.

[Willy702]

Maybe instead of raising rhetorical questions, why not just look at publicly available fact if you are so concerned?

http://www.treasury.gov/resource-cen...uments/mfh.txt

FRB: H.4.1 Release-- Factors Affecting Reserve Balances -- Thursday, April 18, 2013