The Federal Reserve Explained in 3 Minutes

[SocalDinar]

The Federal Reserve Explained in 3 Minutes

 

 

The World's largest Ponzi scheme !

[stealthwarrior]

So Putin was correct when he said the U.S is a huge ponzi scheme.

[bigwave]

So Putin was correct when he said the U.S is a huge ponzi scheme.

He also said that the dollar will collapse in 2017 too.

 

We know the challenge, the cat is out of the bag so to speak. Now what??

 

The only two things I can think of for now is to keep spreading the word. The quicker the better. The second is to prepare like winter is coming. Dig in and ride it out or move to the bug out location and ride it out there....

 

Peace

 

Come on RV

[PartyTime]

While the working mechanics of this is correct, his comprehension of the result of it is flawed.

 

The United States that creates and issues bonds to borrow from the fed is a foreign corporation that we the private people are not a party to. We the private people are not citizens of that foreign corporation.

 

We the private people are sovereign, not citizens. To be a citizen to something means to place that something above you as a sovereign which means you cannot be sovereign if you are in fact a citizen of something. A sovereign is the absolute highest power and authority that no one or anything can be placed above as a higher power or authority. A citizen is a subject of a higher power placing that higher power as the sovereign over and above its citizen.

 

How can a living being possibly be a citizen of a fictitious entity?

 

The United States, Inc., borrows ITS money from the fed making that debt owed by that foreign corporation as the debtor, NOT you the private people. It is not YOUR debt. It is the United States. Inc., debt.

 

Even their own Congressional Act makes it very clear it is the United States, Inc., debt and NOT YOUR DEBT! See Federal Reserve Act section 16 and 12 USC 411 and 18 USC 8 - Obligation or other security of the United States defined.

 

Also see the United States Department of Treasury web site. The U.S. Treasury states right on its web site:

 

"Federal Reserve Banks obtain the notes from our Bureau of Engraving and Printing (BEP). It pays the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and obligations of the United States Government."

 

Federal Reserve Notes are OBLIGATIONS of the UNITED STATES GOVERNMENT, i.e., the FOREIGN Corporation you the PRIVATE people are NOT a party to it!

 

The U.S. Treasury also states:

 

"Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy."

 

Federal Reserve Notes HAVE NO VALUE FOR THEMSELVES! Federal Reserve Notes receive NO BACKING BY ANYTHING! Meaning, Federal Reserve Notes are 100% WORTHLESS insofar as having any value.

 

BUT, as long as WE ALL just PRETEND they have value where WE ALL agree to just accept them AS IF they had value they really dop not have, THEN, in a SENSE we can all PRETEND they are fictitiously backed by all the goods and services in the economy, i.e., YOUR personal LABOR!

 

All the goods and services in the economy ALL comes from the LABOR of all the PRIVATE people who are NOT a party to the fictitious foreign corporate entity called the United States Government!

 

This has been the case since 1933, i.e., when the foreign Corporation called the United States Government went into ITS national Bankruptcy!

 

This is were the big SWINDLE comes in. You are INDOCTRINATED into merely BELIEVING you are THE United States Corporation and that is YOUR foreign Corporation you are mislead into BELIEVING you are an OWNER of that foreign Corporation which you are NOT! Their foreign corporate Courts have made this perfectly clear repeatedly every time a PRIVATE person attempts to sue that foreign Corporation called The United States and The United States of America!

 

YOU the PRIVATE person have NO STANDING to sue that foreign corporation because YOU the PRIVATE person are NOT a party to it!

 

Go try and find an Act of Congress authorizing YOU a PRIVATE person to even be able to use their "INTERNAL" currency called Federal Reserve Notes! NO such law exists. Federal Reserve Notes is only an INTERNAL currency of the foreign United States, Inc., that are ONLY authorized to be used WITHIN the foreign corporate United States Government between ITS Federal Reserve System, Federal Reserve Banks and National Banks regulated by ITS Federal Reserve Banks AND FOR NO OTHER PURPOSES ARE AUTHORIZED! See Federal Reserve Act section 16 and 12 USC 411 and the 1934 Gold Reserve Act to protect the INTERNAL currency system of the United States, section 15 which DEFINES "United States" to MEAN, the Government of the United States. In this Act "United States" does not mean any country or nation. It only MEANS the foreign corporate Federal United States Government and states Federal Reserve Notes can only be used "IN" the Government of the United States.

 

Are "YOU" a living man "THE" foreign corporation called the Government of the United States? Are "YOU" the private living being the "OWNER" of the foreign Corporation called the Government of the United States?

 

If not, then how can Federal Reserve Notes borrowed intro existence by the foreign Corporation called the Government of the United States possibly be YOUR debt obligations?

 

It is not OUR debt. It is the corporations debt that YOU as a PRIVATE man are NOT a party to it!

 

YOU the PRIVATE man are being SWINDLED by DECEPTION through indoctrination to get you to merely BELIEVE yourself to BE a party to their foreign corporation by allowing you to BELIEVE you ARE one of ITS foreign corporate created fictitious ESTATE Names!

 

One of the foreign Corporate 50 STATES which is a foreign Corporate subsidiary of the foreign parent Corporation called United States, issues to you one of ITS STATE held ESTATE Names for your USE to USE their fictitious entity Name to conduct any form of fictitious commerce with. This fictitious ESTATE Name merely looks and appears to look the same as the your Given Name and your separate and distinct family Name, where the STATE has taken those two separate and distinct Names and COMBINED them TOGETHER creating a new First Middle Last Name creating THEIR foreign ESTATE Name commonly known to be the fictitious legal Name.

 

If you were to search through the hundreds of thousands of court cases, no matter what type of case it is, regardless of criminal cases or civil cases, you will not find one single case that has ever charged any living man. Every single case only charges the STATE created fictitious legal Name which is an ESTATE created by the STATES through their foreign corporate government forms called the "Certificate of Live Birth" document.

 

The STATE then issues you a certified COPY of ITS original Certificate of Live Birth held by the STATE as legal TITLE to that fictitious ESTATE Name created by that original document.

 

YOU as the mere USER of the STATE'S fictitious ESTATE Name are then deceived into BELIEVING that YOU ARE that fictitious ESTATE Name and deceived into BELIEVING that is YOUR personal ESTATE property Name which then results in you making FALSE CLAIMS to that fictitious ESTATE Name and any fictitious property created that is registered in that fictitious ESTATE Name. By YOUR making those FALSE CLAIMS you give your CONSENT as a VOLUNTEER who accepts to stand as the SURETY for that fictitious ESTATE Name where you accepted all the liability for it that only the STATE is liable for as the legal owner holding the original legal title to that ESTATE Name created by the STATE'S fictitious document called a "Certificate of Live Birth"

 

YOU are the one bringing the false claim being the sinner who is trying to covet property belonging to another which is the STATE whenever it pertains to the fictitious legal Name on the STATE'S held legal title called the "Certificate of Live Birth"

[PD41]

Thanks for the post SoCalDinar.