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Author Topic: Who owns and controls the Federal Reserve?  (Read 5647 times)
money420weed
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October 08, 2014, 04:49:03 AM
 #61

I don't know if you've been following the news, but the House of Representatives (US) has just voted in favor 333-92 for the Federal Reserve Transparency Act, aka Audit The Fed. I created a Government petition:
http://wh.gov/iiFlu

Please, if we can get 100k signatures, then we may be able to get the white house to force a vote in the senate! Please share
It is much more complicated to get a vote in either the House or the senate. This is especially true with Harry Reid running the Senate. If the bill does not fit with Obama's policy goals then it will be DOA at the senate regardless of what happens in the house
This is probably true until at least when the next session of congress starts as this is when democrats will likely lose control over the senate.

I do not however think that auditing the federal reserve is going to even create a productive conversation about potentially changing the way it operates. I think the public is simply not interested enough in this issue
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DhaniBoy
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October 08, 2014, 06:54:07 AM
 #62

I hope people who master and control the federal reserve is the right person, the master how to regulate the distribution of bitcoin precisely and evenly, the current price of bitcoin is in decline, the Federal Reserve should be able to control this, so the price of bitcoin can back up ...  Roll Eyes

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CryptoCarmen
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October 08, 2014, 11:34:16 AM
 #63

I hope people who master and control the federal reserve is the right person, the master how to regulate the distribution of bitcoin precisely and evenly, the current price of bitcoin is in decline, the Federal Reserve should be able to control this, so the price of bitcoin can back up ...  Roll Eyes

They could use all the reserves and fight Bill Gates gets majority of Bitcoins. Unless Bill and Federals will work hand by hand, there will not be centralization but dualization.  There will always be two centers.
ninjaskip
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October 08, 2014, 01:07:56 PM
 #64

I hope people who master and control the federal reserve is the right person, the master how to regulate the distribution of bitcoin precisely and evenly, the current price of bitcoin is in decline, the Federal Reserve should be able to control this, so the price of bitcoin can back up ...  Roll Eyes

They could use all the reserves and fight Bill Gates gets majority of Bitcoins. Unless Bill and Federals will work hand by hand, there will not be centralization but dualization.  There will always be two centers.

Bill Gates and the Feds don't want you to get rich, that is for sure.

Loads of people talking about the value of bitcoin in 10 years time blah blah ...

Is over now.
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