Seems like banks are paying anti-Trump shills quite heavily these days.
Ahh yes. Thats why we must allow americans to die for israel and doom the world to high oil prices. to beat the banks.
>>529939162>irrelevant Muslim shithole flag
and (((who))) runs the banks, remind me
>>529939036Good, kikes do it too.
bump for curiosity
>>529939036>>529939323Not my problem.
https://archive.4plebs.org/pol/thread/505237484/^^^ A thread about the NYFed and its ilk now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued, debt-backed stablecoin tokens. This is going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks to save themselves from a failing system that they created? One last fuck you to the country as they insulate themselves in their private tokens?And in the next orchestrated crisis, are the boomers’ new asset tokens to become worthless, as the payment platform is the ultimate claimant to any reserve assets in a crisis or bankruptcy?When is the currency going to be restored to the people? Don't US taxpayers have a right to a debt-free currency issued by their own treasury?Pic related was just passed.This is just entitled boomer classists driving the fucking country into the ground for money (mostly from the now-bankrupt NYFed's QE policies) and now destroying the US taxpayer's currency (the fucking US$, which is A FUCKING UNIT) on the world stage with the Fed’s issued-into-oblivion, worthless Federal Reserve Note.How fraudulent do you have to be that you can actually destroy a fucking unit of measurement? lol holy fuck
Crypto stablecoin issuers of all stripes thought they were going to be able to have ‘rewards’ so the crypto industry helped lobby the Genius Act to pass, which said stablecoins cannot pay interest and basically hands the US currency over to private debt-backed stable coins WITHOUT EVEN FUCKING ASKING THE PEOPLE kekthe stablecoin issuers agreed to this in the Genius Act b/c they thought they would be able to give this a runaround with stable coin 'rewards', but the bank lobby just came in and killed this ‘rewards’ runaround by passing the Clarity Act in the house, but adding an amendment (that still needs to pass the senate) which will cement the banks’ power over stablecoin issuerslol that is what the stablecoin issuers get when they join with the banks to fuck the citizenslooks like Coinbase got fuckedthis is what happens when coders only work in their own interestswhy are coders ruining every use case for crypto?Why is every industry (tech, medicine, law, finance, real estate, insurance) loaded with absolute scumbags willing to drive their industry into the fucking ground in order to be in charge?All of these technologies and their use cases, being destroyed.Trump is all for this.pic rel Clarity act not passed yet in senate
>>529939162>>529943432>>529942573>>529942393>>529940150GENIUS forces 1:1 backing of treasuries to dollar assets and passes majority yield to holders. It is a direct Treasury credit that totally circumvents the Fed and its seigniorage in issuance and the banks' ability to pay depositors NOTHING on their checking account while lending out and rehypothecating their money for huge yield they keep completely and turbo-levering the economy on boom and bust bubbles of artificial no reserve credit they arbitrarily direct the world through. This along with the migration from LIBOR to SOFR is a complete defanging of commercial and central bank control over our money supply and debt indexing among other things. It also opens foreign retail holders to a huge alternative opportunity to buy our treasuries and have dollar exposure directly with no expensive exchange fees, which in turn forces other economies to either crack down (will lead to revolt) and force all money into CBDC/closed economy Hell etc. or to compete and actually care about maintaining their currencies and liberties for their people knowing they are not private central/commercial bank monopoly cartel nodes anymore or even isolated control points. Clarity passing with yield allowance is a silver stake in the heart of the deepest institutional aspect/weapon of the parasite. If you oppose Trump here, you are the most goyslop-bloated faggot on Earth.
>>529943432>>529943614You wrote a lot but none of your claims even make sense. You need to learn more about this and usury, what a US Treasury bond is, how this relates to the Fed, and money in general. This is deleveraging and breaking banker control over literally everything.
>>529943620>Instead of paying jews to make money, holders are paid to have it>All money is fully reserved>We control our debt pricing, having taken it back from London banks (and JP Morgan's London division) and it is all grounded by actual onshore US transactions >Fed loses substantial over domestic money supply and is more easily defanged and neutered/destroyed once the systemic maintenance of the base liquidity is migrated>All of this funds our goverment and opens the global population to do so and encourages them all to do the same if they aren't authoritarian shitholes, which will become harder to maintain in the new tech/populist nationalist governance structureOnce Trump uses Judy Shelton's idea to remonetize gold, it is fully established.
Why are migatards so easy to convince that a billionaire born into money has their best interests in mind?
the Clarity Act (if passed) is going to make it so:-the SEC and the CFTC will decide what is a MATURE blockchain-the SEC and CFTC will decide which blockchain is legit-the SEC and CFTC will decide the international rules for all blockchain unilaterally-they will decide these rules AFTER the clarity act is passed kek-they will make everyone register within 270 days of the Clarity Act passing-you must hold blockchain for at least a year for it to be legit-anyone not registered (abandoned wallets will be worthless--and they also draw out the cold wallets waiting on the sidelines)^^^^^this is just in the first 145/550 pagesClarity Act thread:https://archive.4plebs.org/pol/thread/518107303/went through the first ~80/550 pages in ^^^^Then, Pages 90-144 (a JPM biometric and Clarity Act thread)https://archive.4plebs.org/pol/thread/518782717/THIS HAS NOT YET BEEN PASSED
>>529939036Remind me, who is paying for the Trump Ballroom?
>>529943620>GENIUS forces 1:1 backing of debtkek right off the bat
>>529939036Well, at least someone is getting paid...>Israeli officials allegedly hired social media influencers for $7,000 per post, failed to pay them, and are now facing lawsuits totaling millions of dollars over unpaid invoices.https://www.calcalist.co.il/local_news/article/hj004e24y11g
>>529939323Sup, kike! I hope you get nuked! Even my most liberal friends all hate your guts~
>>529944444
>image>post has nothing to do with imagecool thread
>>529943620>It is a direct Treasury creditno lolthese are private tokens issued by private companies that we would be paying to usejust another Fedthe US treasury needs to issue our currency again at no interestonce a currency becomes an investment it is NO LONGER USEFUL as a currencybut keep talking to meafraid to read the rest of your poorly written paragraph
>>529943620>It is a direct Treasury credit that totally circumvents the Fedit isn't it would be a skinny account at the Fedi will be having a thread on this soon if my work ever slows uppic related way ahead of youi was ahead of you six years ago
>>529943620>a complete defanging of commercial and central bank control over our money supplyLOLOLOLOLOLholy shit let me get another coffeeChainalysis reports all the reasons crypto can be seized and the patterns and structure of known illegal wallets holding $75 Billion, they also say if another wallet even has 10% of its crypto from a dirty wallet it too can be seized when it goes to cash in on a crypto exchangeRecent Chainalysis thread:https://archive.4plebs.org/pol/thread/518476506/https://www.coinspeaker.com/chainalysis-flags-75b-in-illicit-crypto-as-governments-eye-strategic-reserves/https://www.chainalysis.com/blog/landscape-of-seizable-crypto-assets-2025/
The only thing worth fighting a war for in this world is the total destruction of the jewish financial system, the illegitimate state of israel, the eradication of the jewish faith and the genocide of all jews.
>>529939036high yield shircoins are a scam. He's baiting retarded MIGA mutts to buy his scam. If you buy into these "stable coin" for "yields" they're literally just kicking back what they get from treasuries.
>>529945233<<<---lol open sourceisn't this how the Open AI ponzi began?
>>529945329
kek older pasta:Only 3 countries have/had a serious trial CBDC:China (tired of being sodomized by the NYFed)Ukraine (also currently being sodomized by the NYFed)Sweden (fully, voluntarily-cucked by the NYFed), willing to try a CBDC, like no country ever seen beforepasta today:Sweden's 7-year, 98.8% cash-free, CBDC pilot just failedSwedish officials said a sole-CBDC was a national security threat, only enriched the already-rich and cut the vulnerable entirely out of society.fucking kekconvenience will be our demiseit will be fun watching the federal reserve uniparty try to talk the boomers into an exclusionary, volatile, privately-issued, expensive infrastructure, energy-intensive, debt-based blockchain-substitute for CITIZEN-SERVING PAPER FIAT cash issued by the fucking treasury
>>529945539>CITIZEN-SERVING PAPER FIAT cash issued by the fucking treasury
>>529943620>It also opens foreign retail holders to a huge alternative opportunity to buy our treasuriesjust a portion of your fucking smorgasboard of ill-intention and errorsThe Federal Reserve Note being the fucking reserve currency BENEFITS EVERYBODY BUT THE US FUCKING TAXPAYERwe get fucked in every measure by the BANKRUPT FEDERAL RESERVE NOTE being the reserve currency:>our currency and LABOR is devalued year over year>we borrow our currency from the private, incompetent, usurious, bankrupt Fed >the whole world holds us hostage for debt, while we hold little to no foreign debt>never-ending increases in taxes to pay the private Fed's interest in its debt-death spiral>the incremental destruction of the value of our labor and purchasing power>trade deficits>kek paying out hundreds of billions in NYFed's QE policy of IORB to foreign fucking banks>degenerate gambling debt traders milking currencies with carry trades with other foreign debt-based central banks (also fucking their own citizens and hoarding reserves)>creates inflation via maintenance of a huge debt pool of securities in the NYFed SOMA that enables NYFed gambling, front-running and market rigging>enormous deficit spending due to the disadvantage of paying taxes on the huge pool of trreasuries needed to maintain the Federal Reserve's debt death spiralholy fuck that's just off the top of my head
>>529939036Eric Trump is right his father is doing everything he can to improve the lives of the average America. He even doubled steel production in one year. The golden age is coming
the fed is severing the currency from the US Taxpayers' handsit has divorced the value of money from laborinterest rate changes by the Fed no longer affect money supply; labor and tangible value have been divorced from the Federal Reserve Note for years now
>>529945100This, but also its his dad that wants for interest rates to go to 0. They probably want to sell the higher yielding bonds for profit, rebuy at low rates and slash interest payments.
Bessent:“[The Fed] is not transparent. And again, that independence does not mean lack of accountability,” he said. “The Fed has a special obligation to the American people because it influences their lives. But they are unelected. They are not subject to appropriations. They have magic money. They print their own money. This big cost overrun for the Fed building… they’ll just print more money. So I don’t think there’s anything wrong with some accountability.”https://finance.yahoo.com/news/scott-bessent-warns-federal-losing-120900296pic rel lol
>>529946104kek
>>529947014>This big cost overrun for the Fed building… they’ll just print more money.and bessent was wrong herethe Fed borrowed the money for their renovation FROM THE US TAXPAYERpic rel
A recent thread:<<<<——-https://archive.4plebs.org/pol/thread/504503488/ The now-bankrupt Federal Reserve is building a $2.5 B complex in Washington DC and funding it with borrowed US taxpayer money. The Fed is fucking broke and putting Italian beehives in its extravagant rooftop gardens and building private elevators to VIP dining rooms, yet bloviating about the importance of citizens being able to communicate in a republic. lolTo add to the elitism and absurdity, Elon Musk, with his toothless, empty threats on his way out the door of DOGE, glibly stated, “someone should look into the Fed.” Really? Is that it? What an absolute fucking joke.It is fucking amazing that Trump’s economic advisor (Miran) wants to now indebt the US with 100 year TOKENIZED bonds, so we can be skimmed for another fucking century by these insolvent frauds.https://nypost.com/2025/04/27/business/federal-reserve-blows-2-5b-on-palace-of-versailles-hq/https://archive.is/fpJ4JThis project DWARFED all other government building projects ever. And the real kicker is the broke-ass Fed is BORROWING this money from taxpayers for the project. And note: Powell just got caught lying to Congress about this and revealed during the hearing that IT IS NOW $3.1 BILLION WtfEven another edit lol: now up to $4B kek
Notice on the top half of pic rel the NYFed squeezes out the citizens' currency and pays its ilk IORB and RRP instead, while also buying houses and bonds.The NYFed clearly prioritizes enriching its private owner banks over the citizens having a currencywhy doesn't Trump ever mention this?b/c fucking Trump thinks the NYFed is the housethe FUCKING US TAXPAYER IS THE FUCKING HOUSEthe NYFed is operating on ONLY $12B in capital and in the hole itself ~$144B todaythis is all that the largest owners of the NYFed (the primary dealers mostly), would be held accountable for, if they failed, lol, you would think the FBI would give a fuck about this, since the NYFed claims to have almost $8T in assetsThread from Feb 6th 2025 194 postshttps://archive.4plebs.org/pol/thread/496654194200 post thread from Nov 10 2024https://archive.4plebs.org/pol/thread/487963430/#q487963430the great irony here, is the more cash the public uses, the more it forces the Fed franchises to hold interest-free fiat as liabilities (aka CIC cash in circulation) and thus, making US taxpayers’ dollars less available to be spent paying out the liabilities of IORB to primary dealers and interest on reverse repo transactions to MMFs
i have to go to workhere are FOUR ways currency is created in the US:1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$38 T)2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over ~$134 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates pic relatedThe unproductive, parasitic class spear-headed by the NYFed are debauching our national currency by USING MONEY TO REPLACE ACTUAL SUCCESS.
good day anonsty 4chan for your free speechKek, guess when Epstein and Bill Clinton and Larry Summers (the US Treasury Secretary 1999-2001) were all hanging out together on this chart? the late 90s- early 2000's, that's when:>bill clinton was pres>larry summers was treasury secretary>when Clinton counted Social Security twice and everyone thought we had a surplus>when they repealed Glass-Steagall b/c everyone thought we had a surplus for THE FIRST TIME IN 100 YEARS (pic rel), but that turned out to be a fucking lie, toowait until i update this chart lol
>>529944400see>>529944168
>>529939036retard
>>529939162what in the fuck does that have to do with op you off topic posting goat-fucking nigger faggot?
A reminder, Federal Reserve Notes are what are being issued to worthless oblivion and>the US dollar is a fucking UNITWe need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.We can:1 nationalize Fed banksOR2 dissolve Fed and have a series of state banksOR3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulationOR4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the peopleUSE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people. Treasury-issued paper fiat (aka cash):>is permissionless>is private>is anonymous>has no transaction fees>works in power outages>doesn’t need the internet>don't need to be a coder to use it>doesn't depend on another party having a device>everyone knows exactly how much they have>has no transaction limits or thresholds for reporting>money laundering is harder with physical cash, due to transport>is inclusive, it does not see race>is harder to use in ransoms>can’t be hacked>don’t need to remember a password to use it>IS the ultimate in payment platforms>using cash helps people to save money and budget>puts the power directly in the hands of the people >keeps the currency near the REAL goods and services>less paperwork>is face to face, not face to screen>makes government theft harder>using cash forces the debt-based Federal Reserve to serve the citizensBoycott businesses that do not take cash.NEVER USE YOUR PHONE TO PAY. Barter is the real torpedo to these fucking clowns.
>>529948292
>>529939036>memeflag>oy vey think of the interest ratesLmfao kike
>>529944622That are directly 1:1 backed by treasuries. You are literally too stupid to even understand what this means. This is the complete opposite of the fed.>>529944724Again, really retarded. A skinny account is a new Fed creation whereby (Kraken for instance) can direct payments but not lend. This has absolutely nothing to do with issuers or the structure of stablecoins. REALLY low IQ argument.>>529946047We don't borrow it from the Fed, it is directly backed by treasuries, unlike current cash. This is genuinely not that hard to understand and literally nothing you have said is even remotely rational. Like not even saying this just to argue, it is literally disjoint slop you are slamming at me with zero actual understanding of the mechanism of issuance or how it differs from the current greenback model let alone the eurodollar system. This has nothing to do with fiscal spending and implicitly drives treasury demand so we finance at a lower rate than would otherwise exist. You think you are coming off as knowledgeable for saying QE but you just come off as a SUPER green macro tourist who just started watching George Gammon.
>>529944905This is literally like any dollar denominated western bank account that can be frozen directly and easily internationally. I never said it was a break from existing payment networks or AML/terrorist shit. You LITERALLY don't even know what I or you are arguing and are just spamming 1000 replies saying nothing and attacking really retarded strawman no one would read my post to mean.
>>529948506>That are directly 1:1 backed by treasuries.issuing currency in the form of debt is doomed to fail as it it is nowyour posts are drivel and incorrectand everyone here knows it
The debt-based Federal Reserve (the Fed) and the IRS were both created in 1913.The new IRS conveniently forced everyone to use their new Federal Reserve Notes to pay their new US Federal Income Tax.The Fed was supposed to stabilize the US currency by backing every Federal Reserve Note (FRN) issued (TO BUY US TREASURIES) with 40% gold (40 cents of gold for each $1 FRN issued).In 1933, everyone’s gold was confiscated by the Treasury (except $100 worth/person) b/c the Fed convinced US Pres FDR that Americans were hoarding gold & they were forced to trade their gold in for $20.67/troy oz. Federal Reserve Notes were also now no longer exchangeable for gold.In 1934 the Gold Reserve Act allowed FDR to establish the gold value of the dollar solely by proclamation & raised the exchange rate to $35/oz troy, extracting wealth & value once again from the American public.In 1944, the IMF & the International Bank for Reconstruction and Development (IBRD) were formed at the Bretton Woods Conference.In 1958, Bretton Woods pegs all foreign currencies to the dollar, & the dollar pegged to gold at $35/troy oz. Debt-based Central Banks under the BIS pop up all over the world to facilitate the Fed & the BoE in their check kiting, fractional reserve, debt-based central-banking ponzi.In 1971, Nixon depegs the dollar to gold entirely, making the US currency free-floating fiat, which completely negated the original Federal Reserve Act of 1913, which was to back each Federal Reserve Note issued with gold.In 1974, Pres Ford legalizes gold ownership again without limitation & gold is NOW valued at $42/ozt. The NOW BANKRUPT Federal Reserve & its biggest shareholders, the NYFed’s primary dealers, for the last 50 years & up to today, continue to issue our currency out of thin air, while charging us interest to do so. Rewarding insolvent, failing banks & investment firms using QE and taxpayer money over & over again, acquiring assets during crises, while rigging global markets.
>>529948656>I never said it was a break from existing payment networks or AML/terrorist shit.kek i never said you did
i gggood day 4chan
>>529949236You made the argument that it was not what I said it was because it (like any bank account in the western system) is seizable by the government. This has NOTHING to do with my argument and actually works more to my point. It is a more efficient technology than existing banking ledger software and the Treasury can more directly and expediently address issues and terror funding etc. (all the shit that compliance at banks already require) without the Fed as intermediary. If you understood 10% of what stablecoins do/prevent you would realize they are something that breaks apart the thing you obsess over opposing without ever even understanding despite feeling like you impassionedly do. It is good you oppose private central banks, this decentralizes and destroys it and gives authority and funding to the treasury directly with no cut to the Fed and its private bank owners w/ interest to savers and less national debt incurred through interest.>>529949105Literally never said I was having a debate with you about the utopic ideal system of money all I said was how dramatically different (BETTER) this one is from the current one, and how the interest is paid to people on direct rates minus commission rather than filtered through banks who lever it up through fractional (or no) reserve lending, rehypothecation, etc. Your argument is LITERALLY incoherent. The owners of the Federal Reserve are large commercial banks. If the Fed wanted this why would the spend money and time lobbying against it when people are already WAY on board and look at their loss in bill details as a huge win for humanity? Why would they want it when it cuts to the direct heart of a MAJOR profit center they are more or less monopolies on with zero edge case challengers outside it, also diminishing the primacy and technical basis for the Fed to fund the Treasury, which instead would be funded directly through issuers in a decentralized, disintermediated way? It is a REALLLY retarded argument.
>>529949236Further, when they seize funds of terrorists, they are seizing some portion of redeemable treasury credit that they no longer have to pay back, rather than commercial bank obligations created and lent out on interest that is charged to the treasury, while others collect interest on the equivalent of a checking account (banks currently pay 0).
