IPFS News Link • Federal Reserve
100 Reasons to End The Fed
• Silver Circle Underground1. The Federal Reserve System constantly decreases the value of our dollar by printing money out of thin air. (inflation)
2. Graph: The value of a $1 Federal Reserve Note in 1913 dollars (the year the Fed was created).
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1 Comments in Response to 100 Reasons to End The Fed
Shucks. All profit from the operation of the Fed belongs to the government. Ref. Federal Reserve Act of 1913, section 7 paragraphs 1 and 2.
The Fed is mandated to "make a full report" to congress. Ref. 12 USC 247.
The FRBNY hid more than $1.4 trillion in profit from the auctions of Treasury securities in 2011. Ref. RIP OFF BY THE FEDERAL RESERVE, http://www.scribd.com/doc/49040689 .
Concealing money due the government violates numerous criminal statutes. Ref. 18 USC 641, 371, 1001, 3, 656, 657, 1005, 1341, 1344.
Each auction is a different count.
Where are the indictments ???