@Suryavanshi By the way, here's something you should know. The Great Satan is the biggest fraud in this history of civilizations and therefore do not trust them about anything they say, including about this supposed "massive gold reserves" they are meant to have.
They won't allow an audit and they won't publish bar numbers. Maybe they could return to a gold standard albeit through a digital currency most likely, but even that won't save them, since their gold reserves are obviously empty, because every time there's a bill floated through Washington demanding they do an audit on their nation's gold supply it gets shot down.
The Great Satan is easily the most perverse form of oligarchy known to man, it uses all the bread and circuses, all the tyranny of bad morals, all the psychological trades picked up from the 20th century and is and has been using the tools it granted itself after the world trade center was demolished.
1) The Federal Reserve Act of 1913 says it will back each Federal Reserve Note in circulation with forty cents of gold.
They don't do this.
2) The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail.
They are not.
3) The Federal Reserve Act of 1913 says if a Fed bank is insolvent, it is to become the property of the US.
It doesn’t.
4) The Federal Reserve Act of 1913 says that insolvent Fed banks shall forfeit their shares in their Regional Fed.
They don’t.
5) The Federal Reserve Act of 1913 says that it will use its profits to supplement the gold reserve and pay down any US debt.
It definitely doesn’t do this. lol
6) The Federal Reserve has 3 mandates —people now only talk about the dual mandates, which are stable prices and low unemployment—the third mandate is to keep long term interest rates constant.
They don't do this.
7) The Federal Reserve Act of 1913 says that the Fed will maintain parity of all forms of legal money issued by the US and strengthen the gold reserve.
They don’t do this.
8) The Federal Reserve Act of 1913 says the Fed Board will audit Fed banks at will.
They don’t do this.
9) The Federal Reserve Act of 1913 says its by-laws are not to violate US law.
They do.
10) The Federal Reserve Act of 1913 says that Fed banks cannot discount stocks or commercial paper.
They do.
11) The Federal Reserve Act of 1913 says each Fed bank will maintain a surplus fund from its profits, up to 40% of its paid-in capital stock.
They don’t do this.
12) The Federal Reserve Act of 1913 says the Fed Board will supervise Fed banks.
They don’t.
13) The Federal Reserve Act of 1913 says Fed banks will publish complete details weekly of their assets and liabilities, as well as the nature of their transactions.
They don’t do this.
14) The Federal Reserve Act of 1913 says the Fed is required to write off worthless assets on its books.
It doesn’t do this.
15) The Federal Reserve Act of 1913 says it is to have reserves in gold equal to 35% of its deposits.
It doesn’t do this.
16) The Federal Reserve Act of 1913 says it will maintain a gold account at the Treasury.
It doesn’t do this.
17) The Federal Reserve Act of 1913 says the Fed’s franchise will be forfeited if they violate law.
It is not.
18) The Federal Reserve Act of 1913 says that Federal Reserve Notes will be redeemed for gold.
They’re not.
19) The Federal Reserve Act of 1913 says Fed bank owners will be held responsible for all regional Fed bank operating expenses, debts and contracts.
They aren’t.
20) The Federal Reserve Act of 1913 says Fed member banks will not repurchase US treasuries that have maturities greater than six months.
They do.
21) The Federal Reserve Act of 1913 says US Treasury yields are to be paid in tax-free gold.
They aren’t.
Gold is mentioned 53 times and on 11/25 pages. The word gold is littered throughout the Federal Reserve Act of 1913, basing one promise after another on GOLD. It was the ONLY reason the legislation passed.
The Federal Reserve Act of 1913 says the Federal Reserve will not pay any income tax, its shareholders will receive a 6% dividend or the yield on a US 10-year treasury (whichever is lower) and also to have all their travel expenses paid.
They did manage to uphold these parts of the Federal Reserve Act of 1913
Their biggest weapon, their financial power is set to implode majestically and when it does, they are going to crash HARD.
