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Forum Post: Occupy the Fed, Tuesday Nov 22nd

Posted 12 years ago on Nov. 22, 2011, 12:41 a.m. EST by alanhowitzer (17)
This content is user submitted and not an official statement

One of the nice things about OWS is learning about and being with people with a diversity of backgrounds and concerns. For all those who don't know what the Fed is, for those who like or dislike it, or want to find out more, please feel free to stop by tomorrow at the NY branch of the Federal Reserve, two blocks east of Liberty Square.

The Federal Reserve oversees our countries' monetary policy and is a key responder to the ongoing financial crisis.

Occupy the Fed, Nov 22nd

http://www.facebook.com/occupythefednyc

Or go to your local occupy the Fed event.

Not a Ron Lawl event!

3 Comments

3 Comments


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[-] 1 points by nomandate (4) 12 years ago

Not many people realize that if no new money was created, the prices would be dropping at the same rate as the amount of new value generated by the economy (new products/goods). The very fact that inflation exists is a proof that the value we generate is secretly taxed at more than 50% by introducing (at least) the same face value of money into the economy. That's before any other official tax or duty.

The Income tax is there to pay interest on the money the FED prints out of thin air. But the money printed out of thin air carries the value of our work. The FED doesn't create anything of value; we do. Therefore, the FED printed money belongs only to us.

[-] 1 points by alanhowitzer (17) 12 years ago

Thank you

[-] 1 points by AuditElmerFudd (259) 12 years ago

"Not a RonPaul event"... but it could be.