A Visual Guide to the Federal Reserve

I like how this graphic is filled with hard, verifiable facts, and all of the vitrolic comments are filled with emotionally charged weasel words. Linking to a book on Amazon does not suffice as a counterpoint.

Wow, the comments here are just ridiculous. You want to end the Federal Reserve Bank because some other guy from another part of the Internet told you that it was a good idea. In reality, you have no freaking clue what the FED even does. And calling this propaganda is just another one of your “conspiracy theories.”

There’s really one idea that we can really all agree upon. It’s the fact that people on the board of directors at the Federal Reserve Bank are just as capable of being succumbed to greed and power similar to politicians in Washington. So while you’re calling Obama a socialist, you’re becoming a socialist yourself because you’re against the greedy capitalist pigs that work at the Federal Reserve Bank.

And stop it with your NWO bullshit. If you want your “so-called” NWO to fail, then say no to corporations and say no to powerful individuals with billions of dollars that attend . But then again…that will make y’all hypocrites because you’re all for capitalism and you’re all for the good old fashion free market system. Am i rite?

@James That’s preposterous! Just take the head out of the freezer and it’ll thaw.

I, too, hate it when people comment on topics they’re passionate about. They should learn to keep their mouths shut, especially when it comes to criticism of the government. Comment sections are reserved for trolling.

The other day I read a blog supporting gun control. To my surprise, most of the comments were negative! It really annoyed me that these people disagreed with me. They completely ruined five out of my six attempts to enjoy the evening. What gives them the right to voice their opinions, anyway?

@James:
I don’t think people here are using the internet as their playground. Free discussion is the only way to test the merits of opposing ideas. For whatever reason, no one has really presenting any arguments to the many people pointing out the problems with the Fed, so it appears there aren’t any. I wish there would be a real discussion instead of labeling or pigeon holing by defenders of central banking.
@Lee Sherman:
It wouldn’t seem like possible truth if it were argued against with facts and or logical points.

Jess
first and foremost you are in the same problem that we are in, unless you work for them, the bank cartel. It is clear that you are new to this because there is an insurmountable amount of quotes against central bank by the the founding fathers and good portion of presidents since the beginning of this country. As you quoted three people, but failed to quote 1)benjamin franklin; 2) Andrew jackson 3) thomas Jefferson 4) woodrow wilson eventual comment on the fed 5) Congressman Lindberg 6) Congressman McFadden 7) nobel prize winner milton friendman, etc.
The board of governors is selected from a group and by the advise of the federal advisory committee. There has never been a board of governor selected outside this federal advisory committee. In the flaherty article as well as the article on this page there is never a mention of FRACTIONAL RESERVE BANKING , and how that affect inflation. Neither flaherty nor this article explain how a car in 1970 cost $5000 and today it cost $50,000 despite inprovements in robotics which should have made the manufacture of the car cheaper. jess my friend, as you go to the grocery store and notice that yesterdays milk has increase in price, remember, you as a wage earner, is the last to adjust to the prize. Neither the Flaherty article nor the can bring to logic why on earth…does money…have to come into circulation by debt!!! why why why. Money is suppose to aid commerce, that is all. Why are you so convince that money has to be borrowed into circulation? PLEASE PLEASE SHOW ME THE LOGIC.
To prove that there is a far reaching conspiracy, pick up a college textbook on tax law. In the college text book they will teach you that: 1) the 16th amendment created the income tax 2) that the income tax is a direct tax 3) that the 16th amendment overturned the pollock decision. But if you read the supreme court archives you will plainly read that the supreme court stated unanimously that 1) the 16th amendment did not give congress any new taxing power 2)that the income tax is in its nature is an indirect tax 3) that the 16th amendment did not affect the pollock decision. There is no where in title 26 a law that makes you tax liable for the particular activity that produces your income.
All i have to say is that…if we continue to argue about ending the fed… we are going to loose this country.

Well I think we can now see that mint is not giving a “fresh” take on finance.

The most frustrating thing about Ron Paul supporters is that they say they oppose the Fed, but they don’t do anything about it outside of the rigged game of politricks.

I just picked up the book 5 STEPS TO FREEDOM: How to Cut Your Dependence on Institutions and Escape Financial Slavery. If Ron Paul supporters are as smart as they say they are, they follow that book… then we’ll see how many of them there really are.

just watched “Zeitgeist” and was amazed by the central bank history shown. And if even the 50% of the so called facts shown about the central reserve bank are true then its really admirable how a small bunch of people are cntrolling the life of whole US and world.

I believe that banking institutions are more dangerous to our liberties than standing armies.
Thomas Jefferson

Does any one need to say more!!!!!

James Madison was quoted saying “History records that the”money changers” have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.”

One ongoing circle 8(

Thank you Mint.com for posting this wonderous guide about the fed. Unlike most other articles debunking the fed conspiracons this maintains a much simpler flow allowing it to be read through and understood very easily. Regretably I don’t think this article will have much impact. As Iv seen first hand these conspiracy types do a very good job at warping peoples minds. One of my friends saw a film about the fed and his mind has degenerated to the point where he’s now the laughing stock of are area.

I just have a few questions:
How can the federal reserve be both public and private?
How can it be “regulated and independent” from the U.S. Government? The current chairman refuses to allow Congress to audit the fed, so it must be private.
I have only witnessed and heard of the hiring of the chairman of the federal reserve, never any board members. Does the hiring of the board members occur in public or private? Who are it’s curent board members? How can a bank president have a lifetime appointment? That doesn’t sound very democratic.
Why do we deposit all of the taxes from the citizens into the Federal Reserve Bank?
Where does the fedral reserve bank get it’s money from….the money to cover shortfalls in the U.S. Government that is?
Why can’t our government print money and not borrow it from the fedral reserve? Why does our government have to borrow money at an interest rate?
And then there is a host of prominent men that have said the following:

Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.”

We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it”. — Congressman Louis T. McFadden in 1932 (Rep. Pa)

“The Federal Reserve bank buys government bonds without one penny…”
— Congressman Wright Patman, Congressional Record, Sept 30, 1941

“The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money” — Charles A. Lindbergh Sr., 1923

“From now on, depressions will be scientifically created.” — Congressman Charles A. Lindbergh Sr. , 1913

“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States” — Sen. Barry Goldwater (Rep. AZ)

I am honestly trying to understand why everyone is so against the Fed. Even these congressmen are/were against it. I think there is more to this than what is shown here on this site. And I’m going to keeping searching and talking and reading until I find out.