The Illusion of Control: The Fed's Quiet Coup d'État | Gerry Nolan

As Mike Lee states, the Executive Branch was meant to be under the President’s executive branch and direction. And yet, the Fed remains the ultimate untouchable, a fortress of financial power immune to democratic oversight or any real accountability. Let’s face it: The Fed is not about serving the people; it’s the nerve center of a Ponzi scheme so vast that it makes Wall Street look like pocket change.

 » The Federal Reserve isn’t a public service, it’s the vault where the
sovereignty of the American people was locked away a century ago. «

For over a century, the Fed has held the American economy in a chokehold, dictating monetary policy in ways that serve the banking elites and global financiers, while keeping citizens in perpetual debt-enslavement. It’s not a “politically independent institution” as they like to spin it - it’s a profit machine, designed to siphon wealth upwards and keep the masses at bay with breadcrumbs of credit and endless inflation.

 » The Fed is a profit machine, designed to siphon wealth upwards and keep

 the masses at bay with breadcrumbs of credit and endless inflation. «

The Fed controls interest rates, injects trillions into the economy at will, and manipulates the currency supply, all without a single vote from the American people. True sovereignty would mean a government with control over its own currency, accountable to its citizens, not be held to private bankers. But ending the Fed? That would mean dismantling the very backbone of U.S. financial imperialism, a move that would bring about sovereign economic control, yet will never happen under the current system of oligarchic “democracy.”

The real question isn’t whether Trump (or any president) could rein in the Fed; it’s whether the American people will ever realize that the Federal Reserve isn’t a public service, it’s the vault where their own sovereignty was locked away a century ago.

The Fed's Ponzi machine may be untouchable, but the illusion of freedom is slipping. How long until the curtain falls?

Quoted from:

Gerry Nolan (November 9, 2024) - The Illusion of Control: The Fed's Quiet Coup d'État.

Hidden Signs and Obvious Clues | Janet Yellen

The moment United States Secretary of the Treasury Janet Yellen uttered the phrase "the dollar is the world's reserve currency", the coat of arms of the US Treasury Department fell off her lectern and crashed to the ground.

October 22, 2024.

Financial Oligarchies vs. State Power | Michael Hudson

My articles about the origins of credit, money, and interest share a common frame of reference. From the inception of economic practices and enterprise in the ancient Near East, through classical antiquity and medieval Europe to today, wealthy classes have sought to transform themselves into an oligarchy that controls government and religion to protect, legitimize, and increase their wealth, especially their rent-extraction privileges as creditors, monopolists, or landlords.

 Marcus Licinius Crassus (115 – 53 BC): 

general, statesman, the richest man in Rome, and a textbook oligarch.

 

We see the same struggle through the ages, with financial elites opposing any government power capable of restricting their self-serving rent-seeking and creditor power at society’s expense. We see it today in the pro-creditor economic policies of the International Monetary Fund, the World Bank, and the ‘libertarian’ ideology, all of which seek to centralize power to allocate resources and plan economies within the financial sector instead of democratic governments. Today’s neoliberal idea is to eliminate government authority (except where it is controlled by rentier sectors) and let banks in the privatized financial sector control money and credit, which is the most important public utility.
 

That should be the context in which one examines every epoch’s economic view of the world, above all its perspective concerning how ‘free’ a market should be and just whose freedom is being endorsed. This has been the great question throughout the history of civilization—from the Bronze Age Near East, when rulers regularly proclaimed Clean Slates debt cancellations to restore economic order and check incipient oligarchies, through the five centuries of civil war in the Roman Republic and Jesus’s fight against the emerging Jewish oligarchy, to today’s civilizational struggle between the NATO West, dominated by U.S.-oriented rentier oligarchies, and the global majority now centered on the BRICS.

 Rare Anomaly: Populist Pariah Oligarchs Proclaiming to Serve the Common Good —  September 2, 2024.

China’s government has financed its remarkable industrial takeoff without having to borrow from private creditors. There was little money to borrow from its domestic population, so the Bank of China printed its own money. Unlike typical financial practice, it did not demand personal wealth be pledged as collateral because stock and bond holdings or substantial real estate did not yet exist. The government did not need to turn to bondholders to increase its public spending—and in any case, there were no domestic bondholders to borrow from in the wake of its Revolution. China did what any sovereign national government can do—what Abraham Lincoln did in the Civil War. It simply printed the money.

 

Quoted from:
Michael Hudson (September 1, 2024) - Reshaping Christianity and the Modern State: A Journey from Usury to Fiscal Power.

 

See also:
Stephen Mitford Goodson (2017) - A History of Central Banking and the Enslavement of Mankind.

The Central Bank of Libya under Muammar Gaddafi | Stephen M. Goodson

From 1551 to 1911 Libya was ruled by the Ottoman Empire, by Italy from 1911 to 1943 and from 1943 to 1951 was under the military suzerainty of Britain and France. The Central Bank of Libya was founded in 1956 and was run as a typical central bank until the bloodless coup d’etat of 1 September 1969. 

 

Mu’ammar Qathafi - A strict disciple of the Holy Q’uran, who abolished all forms of usury
and used the Central Bank of Libya for the sole benefit of the Libyan people.

Oil of an exceptionally high quality was discovered in 1959. However, King Idris al Mahdi as-Sanusi failed to capitalise on this bonanza or use it for the benefit of his people, and the bulk of the oil profits were siphoned into the coffers of the oil companies. On assuming power in 1969 Mu’ammar Muhammad al-Qathafi took control of most of the economic activities in the country, including the central bank, which for all practical purposes was run as a state bank. It operated as a banker of the local bankers and foreign bankers were not permitted to operate. Financing of government infrastructure did not atract riba (interest) and Libya had no national debt and no foreign debt. Its foreign exchange reserves exceeded $54 billion, which may be compared to reserves of developed countries such as the United Kingdom and Canada, which in 2010 were $50 billion and $40 billion respectively. GDP growth during the period 2000-10 was 4.32% per annum and the official figure for inflation was -0.27%.

 

Mass manifestation in support of Muammar Gaddafi in Tripoli,  July 1, 2011.

Colonel Qathafi was described by the mainstream media as being a “terrible dictator and a blood-sucking monster”, but the reality was that with the exception of the city of Benghazi and its environs, he had the support of 90% of the population. The following benefits provided by Qathafi explain why he was so popular:

■   Free education. Free electricity. Free health care. Free housing (There were no mortgages).
■   Students were paid the average salary for which subject they were studying.
■   Students studying overseas were provided with accommodation, an automobile and €2,500 per annum.
■   Newly-wed couples received a gift of 60,000 dinar ($50,000) from government.
■   Automobiles were sold at factory cost free of interest.
■   Private loans were provided free of interest.
■   Bread cost 15 US cents per loaf. Gasoline cost 12 US cents per litre.
■   Portion of profits from sale of oil was paid directly into bank accounts of citizens.
■   Farmers received free land, seeds and animals.
■   Full employment with those temporarily unemployed paid a full salary as if employed.

Qathafi’s Jamahariya “state of the masses” ensured that the wealth of this country of 5.79 million inhabitants was fairly distributed to all of its people. Beggars and homeless vagrants did not exist, while life expectancy at 75 years was the highest in Africa and 10% above the world average. The literacy rate was 82%. Regarding human rights Libya stood at 61 in the International Incarceration Index. The lower the rating, the lower the standing. The no.1 spot is currently occupied by the United States. Another major achievement, which Qathafi initiated was the conversion of the Nubian Sandstone Fossil Aquifer System into the Great Man-Made River, which supplies 6,500,000m³ of fresh water daily to the cities of Tripoli, Sirte and Benghazi. The extracted water is ten times cheaper than desalinated water. The total cost of the project, estimated at $25 billion was financed without a single foreign loan.

 

 Prince Mangosuthu Buthelezi's foreword to 

A History of Central Banking and the Enslavement of Mankind.

 

Although the central banks of Belarus, Burma, Cuba, Iran, North Korea, North Sudan and Syria do not fall under the direct control of the Rothschild banking syndicate, Libya had the only central bank run on genuine state banking lines, which exhibited the classic symptoms of full employment, zero inflation and a modern day workers’ paradise. The question arises as to why NATO intervened on the pretext of fabricated human rights abuses, the so called responsibility to protect. Since 1971 when the United States abandoned the gold exchange standard for the petrodollar with the connivance of Saudi Arabia, any attempt to displace the United States dollar as the premier reserve currency has been blocked and opposed with violence.

 

 Ezra Pound - 1943.

 

In November 2000 Saddam Hussein of Iraq decreed that all oil payments would in future be made in euros, as he did not wish to deal “in the currency of the enemy”. As has already been proven, the possession of weapons of mass destruction pretext was a deliberately concocted hoax and it was this currency decision, which cost Saddam Hussein his life and the destruction of his country. 

 

True, whether the quote is authentic or not.

In similar circumstances Qathafi announced in 2010 the creation of the gold dinar as a replacement for the settlement of all foreign transactions in a proposed region of over 200 million people. Libya at that time possessed 144 tons of gold. What was intended was not a return to the gold standard per se, but a new unit of account with oil exports and other resources being paid for in gold dinars. Qathafi crossed a red line and paid the ultimate price [he was assassinated by Western invasion forces in Sirte on October 20, 2011].

 The Truth About Libya - Stephen Mitford Goodson, 2011.

Since 2007 Iran has stipulated that payments be made in euro currency. On 17 February 2008 the Iranian Oil Bourse for trading in petroleum, petrochemicals and gas using primarily the euro, Iranian rial and a basket of non-US currencies was established. The first oil shipments under the new system were sold through this market in July 2011. This event must be deemed as one of the prime causes for the constant Israeli and American threats to annihilate Iran.

Quoted from:

Stephen Mitford Goodson (2017) - A History of Central Banking and the Enslavement of Mankind.

 

See also:

Imran N. Hosein (2023) - The Bretton Woods International Monetary System.
TPR (2023) - Ibrahim Traoré: Terminating French Neocolonialism & the CFA Zone in Africa.
Stephen Mitford Goodson (2022) - Who Ever Sets the Price of Gold and Silver.

Asatizah of Al-Munawwar (2013) - The Dazzling Proof for the Return of our pure Money. The Judgment on Fiat Currency. 

US Secretary of State Hillary Clinton (October 20, 2011) - Bragging about murdering Libya’s Leader Muammar Gaddafi. (video)

 Global Research (May 5, 2011) - The Gold Dinar: Saving the world economy from Gaddafi.

Stephen Mitford Goodson (April 1, 2011) - The Truth About Libya.

Muammar Gaddafi (2009) - "I am the leader of a revolution, not a country." (video) 

Muammar Gaddafi (1975) - The Green Book.

French and Dutch Colonized Territories demand Independence | Elena Panina

The leaders of more than 15 political associations from Corsica, Melanesia, Polynesia, the Caribbean and the Antilles arrived at the First Congress of Independence Movements from French-Colonized Territories in Baku, Azerbaijan. The congress is also attended by three organizations from the islands of Bonaire and Saint Martin, which are colonies of the Netherlands. The event was organized by the People's Union for the Liberation of Guadeloupe with the support of the Baku Initiative Group.
 

 More centrifugal forces induced into the orbit of 'La Grande Nation'.

It is obvious that the opposition to Paris from the Turkey—Azerbaijan tandem, where Baku acts as a junior partner, has reached a new level. After the protests in New Caledonia, which Paris accused Baku of, Azerbaijan began to fight French colonialism quite overtly. The Fifth Republic clings to its colonial legacy for a reason. 

 

 Macron imposing “republican order” to quash New Caledonia unrest in May 2024
- safeguarding once again French oligarchical cronyism.

Somewhere, like in New Caledonia, there are valuable minerals. Other locations are strategic points for global trade and logistics. So if it turns out to rid these regions of colonialism, then, in addition to the rights and freedoms of local residents, profitable commercial niches will also arise there. Baku—Ankara's actions are completely logical and understandable. It is not clear why Russia does not do the same.

 Without Europe's Spaceport in French Guiana and without support of the US, 

the European Space Program would be in existential troubles.

It should be noted that while Azerbaijan is fighting colonialism, neighboring Armenia is trying, on the contrary, to obtain the status of a colony. Right now, joint military exercises with the United States are taking place on Armenian territory — with units usually stationed in Europe and Africa, as well as with the Kansas National Guard. 

 Royal Dutch Shell, operating in Curaçao since 1918, lost its grip long ago to Petróleos de Venezuela,

S.A. (PDVSA) which is in decline since decades while Brazilian/US and Chinese oil giants rose.

The exercises will last until July 24. Interestingly, does Yerevan understand that when the anti-colonial actions of Baku and Ankara begin to seriously annoy the Western "hegemon" and its satellites, it will be Armenia that will be obliged to fight on both fronts?

 

Quoted from:
Elena Panina - July 18, 2024 

 

See also:

Bassirou Diomaye Faye (2024) - Senegal will destroy French Neocolonialism.

Ibrahim Traoré (2023) - Terminating French Neocolonialism and the CFA Zone in Africa.

Abbas Juma (2023) - Ages of Terror: Here’s why Africa hates France. 

Abdelmadjid Cheikhi (2020) - Massacres and Soap from Human Bones. French Terror in Algeria.

Muammar Gaddafi (2009) - I am the leader of a revolution, not a country.

US Debt is now rising by $1 Trillion every 100 Days | Paul Craig Roberts

The US debt has never mattered, because the US dollar is the world reserve currency. That means US debt is the reserves of the world’s central banks. If US debt rises, so does the reserves of the world banking system. All central banks were delighted to accumulate more US Treasury debt as it meant the reserves of their banking system went up.

» The morons who comprise the Biden regime are scaring central banks away from the dollar. «

 

The Federal Reserve can always redeem US Treasury debt by creating money with which to buy it. The debt is always redeemable because it is denominated in dollars. The problem arrives when the dollar is deserted as world reserve currency. The morons who comprise the Biden regime are scaring central banks away from the dollar as their reserves because of sanctions against Russia, Iran, China, Venezuela, and others. The slow mental processes of central banks are beginning to understand that having your reserves in US Treasury dollar debt means they can be frozen, seized, denied to your use if you cross Washington.

Fun Fact : The current Chair of the Federal Reserve Jerome Hayden 'Jay' Powell is NOT Jewish.

Everything is fine. Don't fall for antisemitic trope, Anti-Zionism, and conspiracy thought crime.

The threat to Washington is, whereas the Fed can print dollars to redeem the debt, the Fed cannot print foreign currencies to redeem the US dollar. So, if central banks shift their reserves out of dollars into gold, as Russia and China are doing, or into other currencies, the supply of dollars in foreign exchange markets have fewer and fewer takers. Consequently the dollar loses its value relative to gold, silver, and rising currencies, and the dollar’s value falls in foreign exchange markets. As America’s manufacturing is offshored and as America relies on imports of food, US inflation rises. Historically, the Fed’s response to inflation has been unemployment.

 

♫ Nowhere to hide ♪ nowhere to go ♫ meet Saint Jerome ♪ the Wrecking Ball ♫

 

The Federal Reserve and the institutions used to suppress gold and silver prices use naked shorts to control the price by dumping shorts into the futures market. In other words, contracts unsupported by actual gold holdings can be used to increase the paper supply of gold in futures markets. As the futures market settles in cash, not in gold deliveries, a flood of paper contracts unsupported by actual physical gold can be used to suppress the price. In other words, the supply of paper gold can be printed just like the Fed can print paper money. [...] This price control process fails when the demand for gold exceeds the physical supply at the suppressed price. We have recently witnessed a new outbreak in the gold price. Is this a sign that the controlled price can no longer hold against the demand for physical gold, or is there some other explanation?

» America is likely living her last years. Perhaps this is why Putin and Xi don’t bother to dispose of us. «

As the fools ruling the US continue their destruction of the country, the dollar and living standards will die with the country. America is likely living her last years. Perhaps this is why Putin and Xi don’t bother to dispose of us.

 

Quoted from:
Paul Craig Roberts (May 16, 2024) - The West Has an Illiterate Financial Press. 

 

See also:

Oleg Brunov (May 18, 2024) - China Sells Off Record Amount of Dollar Assets as US Remains the 'World's Bully’.

Pepe Escobar (May 13, 2024) - De-Dollarization Bombshell: The Coming of BRICS+ Decentralized Monetary Ecosystem. 

L. David Linsky (October 24, 2023) - War And Regime Change Soon In The US.

TPR (November 13, 2023) - Avoiding Default By Destroying Others: The War-And-Pillage Business Model.

 

oooo0oooo

 

 Waiting for the Wrecking Ball to ♫ on Wednesday, May 22nd @ 14:00 EST to identify the ICT Weekly Range Profile.

 Darya Filipenka (April 3, 2024) - ICT Trading on NFP and FOMC Days.

Darya Filipenka (February 5, 2024) - Implementing Economic Calendar Events.

David Hickson (Februry 05, 2024) - News Events & Financial Markets. (video)

 Michael J. Huddleston (June 20, 2023) - ICT Consolidation Raid on News Release Template.
Stacey Burke (March 14, 2023) - Pump and Dump Patterns after Major News Release.

Prosecute / Fauci | Elon Musk

Fun Fact #1 - Dr. Anthony Fauci is NOT Jewish.

 

 

 Fun Fact #2 - The Goyim do NOT know.

 

 

  Fun Fact #3 - The ADL does NOT complain.

Fun Fact #4 - Jeffrey Epstein WAS a beloved American financier, broker, and educator.

 

Fun Fact #5 - The list of names in Jeffrey Epstein's 'Little Black Book' of US Mossad assets includes

Anthony Fauci, Bill Gates, Michael Bloomberg, Robert Kennedy Jr., Elon Musk, and Donald Trump. 

 

 

Fun Fact #6 - Zionist US mainstream media do NOT mention Ghislaine Maxwell and Jeffrey Epstein were Mossad agents, 

and suggest William Henry 'Bill' Gates III is NOT a deranged eugenicist but a benevolent philanthropist. 

 

 

 Fun Fact #7 - The Zionist entity awarded Dr. Fauci FOR 'Speaking Truth To Power'.

 

  

 Fun Fact #8 - Cluelessness prevails about WHO could have had imagined this.

 

Fun Fact #9 - This is » a flat-OUT lie. «

 

Fun Fact #10 - WHY Netanyahu thinks America is stupid.

Reference:

Sasha Latypova (February 28, 2024) - Pentagon Staged COVID-19 Plandemic Years in Advance.

Edward Dowd (February 13, 2024) - mRNA Vaccinated Dying of Cancer at ‘Explosive’ Rates.
M. Nathaniel Mead et al. (January 16, 2024) - COVID-19 mRNA Vaccines: Lessons Learned from the Global Vaccination Campaign.

Marwan Bishara (2023) - Why Netanyahu Thinks America Is Stupid.
J. Bart Classen (2022) - COVID-19 and Illegal US Bioweapons Activity, an Insider's Revelations.

Leland Nally (October 9, 2020) - I Called Everyone in Jeffrey Epstein’s Little Black Book.

The Hidden History of Zionism | Winston S. Churchill

In violent opposition to all this sphere of [national] Jewish effort rise the schemes of the International Jews. The adherents of this sinister confederacy are mostly men reared up among the unhappy populations of countries where Jews are persecuted on account of their race. Most, if not all, of them have forsaken the faith of their forefathers, and divorced from their minds all spiritual hopes of the next world. This movement among the Jews is not new. From the days of Spartacus-Weishaupt (Illuminati) to those of Karl Marx, and down to Trotsky (Russia), Bela Kun (Hungary), Rosa Luxembourg (Germany), and Emma Goldman (USA), this world-wide conspiracy for the overthrow of civilisation and for the reconstitution of society on the basis of arrested development, of envious malevolence, and impossible equality, has been steadily growing.

Winston S. Churchill, Secretary of State for War and Air  - 1920.

[...] It played [...] a definitely recognisable part in the tragedy of the French Revolution. It has been the mainspring of every subversive movement during the Nineteenth Century; and now at the last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by their heads and have become practically the undisputed masters of that enormous empire.
 

 Article by Winston S. Churchill in the Illustrated Sunday Herald, February 8, 1920.

[...] There is no need to exaggerate the part played in the creation of Bolshevism and in the actual bringing about of the Russian Revolution by these international and for the most part atheistical Jews. It is certainly a very great one; it probably outweighs all others. With the notable exception of Lenin, the majority of the leading figures are Jews. Moreover, the principal inspiration and driving power comes from the Jewish leaders.

[...] In violent contrast to International Communism, Zionism presents to the Jew a national idea of a commanding character. It has fallen to the British Government, as the result of the conquest of Palestine, to have the opportunity and the responsibility of securing for the Jewish race all over the world a home and a centre of national life. Zionism has already become a factor in the political convulsions of Russia, as a powerful competing influence in Bolshevik circles with the international communist system. Nothing could be more significant than the fury with which Trotsky has attacked the Zionists.

[...] The cruel penetration of his mind leaves him in no doubt that his schemes of a world-wide communist State under Jewish domination are directly thwarted and hindered by this new ideal, which directs the energies and the hopes of Jews in every land towards a simpler, a truer, and a far more attainable goal. The struggle which is now beginning between the Zionist and Bolshevik Jews is little less than a struggle for the soul of the Jewish people.

 

One of history’s ugly pages: The Nazi-Zionist cooperation.

[...] It is particularly important in these circumstances that the national Jews in every country who are loyal to the land of their adoption should come forward on every occasion, as many of them have already done, and take a prominent part in every measure for combating the Bolshevik conspiracy. In this way they will be able to vindicate the honour of the Jewish name and make it clear to all the world that the Bolshevik (Communist, Atheist) movement is not a Jewish movement, but is repudiated vehemently by the great mass of Jewish people. 

 

Quoted from:

Winston S. Churchill (1920) - Zionism vs. Bolshevism. A struggle for the soul of the Jewish People.

 

See also:

Shlomo Sand (2012) - The Invention of the Land of Israel. From Holy Land to Homeland.

Shlomo Sand (2009) - The Invention of the Jewish People.

Patrick Wolfe (2006) - Settler Colonialism and the Elimination of the Native.  

Robert Sepehr (2024) - The Hidden History of Zionism. (video)

Robert Sepehr (2024) - Subversive Origins of Communism. (video)

Antony C. Sutton (1974) - Wallstreet and the Bolshevik Revolution.

Serhii Hrabovsky (2010) - Lenin. Money. Revolution.