Comments on: Banking Before the Federal Reserve: The U.S. and Canada Compared http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/ Ideas on Liberty Wed, 15 Feb 2012 04:40:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: stop spam plugin http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-60477 stop spam plugin Tue, 07 Feb 2012 18:03:31 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-60477 <strong>Blog Spammed...</strong> [...]Here is a Great site You Might Find Interesting that we Encourage You To See For Yourself[...]…... Blog Spammed…

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]]> By: The Bankers’ Bank | The Freeman | Ideas On Liberty http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-33795 The Bankers’ Bank | The Freeman | Ideas On Liberty Fri, 01 Oct 2010 16:50:31 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-33795 [...] New York bankers’ interest in central banking went back to the late nineteenth century, the Panic of 1907 provided the final impetus for action. Meetings were held, reports were issued, and legislation was [...] [...] New York bankers’ interest in central banking went back to the late nineteenth century, the Panic of 1907 provided the final impetus for action. Meetings were held, reports were issued, and legislation was [...]

]]> By: David Hillary http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-25494 David Hillary Wed, 05 May 2010 20:18:01 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-25494 See also this one: http://www.lostsoulblog.com/2010/01/banking-without-regulation-3-lessons.html See also this one: http://www.lostsoulblog.com/2010/01/banking-without-regulation-3-lessons.html

]]> By: Treasury Chief Defends Bank Tax | The Freeman | Ideas On Liberty http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-25449 Treasury Chief Defends Bank Tax | The Freeman | Ideas On Liberty Wed, 05 May 2010 13:08:06 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-25449 [...] Timely Classic “Banking Before the Federal Reserve: The U.S. and Canada Compared” by Donald R. [...] [...] Timely Classic “Banking Before the Federal Reserve: The U.S. and Canada Compared” by Donald R. [...]

]]> By: Q http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-19828 Q Wed, 02 Dec 2009 06:03:45 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-19828 Oh, and if you found that stuff interesting, you might want to wikipedia Ontario teachers' Pension fund, CPP fund, and Caisse de dépôt et placement du Québec. These are Canadian sovereign wealth funds with hundreds of billions of dollars to keep our pension system sustainable. Oh, and if you found that stuff interesting, you might want to wikipedia Ontario teachers’ Pension fund, CPP fund, and Caisse de dépôt et placement du Québec. These are Canadian sovereign wealth funds with hundreds of billions of dollars to keep our pension system sustainable.

]]> By: Q http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-19827 Q Wed, 02 Dec 2009 05:58:54 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-19827 Dan Grajczyk : The Bank of Canada is a Crown corporation owned by Canada. As such, it's indirectly owned by the people (of Canada). The Federal Reserve is a banking cartel whose shares are owned by some American banks. It is indirectly owned by shareholders of some US banks. Factoid: Of the six big branched banking institutions that dominate in Canada, one is a federation of credit unions. Also, people think that our currencies are backed by nothing, but that's not true. Since new money is only created when debt is created, they're actually backed by debt paid in the same currency. Its value, instead of coming from a physical commodity, comes from the productive capacity of people who are forced to work in order to pay down the debt the currency represents. Each dollar in your pocket is debt that someone out there is trying to retrieve to pay off (with interest). And its value is the work that person is willing to do to get it from you. The fact that the interest that the debtor needs to acquire doesn't actually exist until new debt is created makes it scarce just like a physical commodity. The system is pure genius. Anyone who thinks otherwise just doesn't fully understand it. Also, you might find it interesting that our (Canadian) government has tolerated many monopolies, monopsonies, and industries dominated by a few big players (some private, some public). They have been for many different purposes, among which are: -to achieve the same economy of scale as American companies, in our much smaller market (Air Canada, Bell Canada) -to cooperatively market goods (like wheat and barley) abroad as a bloc, in order to get the best export prices for our producers (Wheat board of Canada) -to protect consumers or control consumption (Liquor Control Board of Ontario) -economic nationalism (Petro-Canada) I love that our gov't has skillfully balanced state intervention for the common good, with preservation of liberty for individual happiness. Hooray for good government! Dan Grajczyk :
The Bank of Canada is a Crown corporation owned by Canada. As such, it’s indirectly owned by the people (of Canada). The Federal Reserve is a banking cartel whose shares are owned by some American banks. It is indirectly owned by shareholders of some US banks.

Factoid: Of the six big branched banking institutions that dominate in Canada, one is a federation of credit unions.

Also, people think that our currencies are backed by nothing, but that’s not true. Since new money is only created when debt is created, they’re actually backed by debt paid in the same currency. Its value, instead of coming from a physical commodity, comes from the productive capacity of people who are forced to work in order to pay down the debt the currency represents. Each dollar in your pocket is debt that someone out there is trying to retrieve to pay off (with interest). And its value is the work that person is willing to do to get it from you. The fact that the interest that the debtor needs to acquire doesn’t actually exist until new debt is created makes it scarce just like a physical commodity. The system is pure genius. Anyone who thinks otherwise just doesn’t fully understand it.

Also, you might find it interesting that our (Canadian) government has tolerated many monopolies, monopsonies, and industries dominated by a few big players (some private, some public). They have been for many different purposes, among which are:
-to achieve the same economy of scale as American companies, in our much smaller market (Air Canada, Bell Canada)
-to cooperatively market goods (like wheat and barley) abroad as a bloc, in order to get the best export prices for our producers (Wheat board of Canada)
-to protect consumers or control consumption (Liquor Control Board of Ontario)
-economic nationalism (Petro-Canada)

I love that our gov’t has skillfully balanced state intervention for the common good, with preservation of liberty for individual happiness. Hooray for good government!

]]> By: Robert http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-17951 Robert Wed, 30 Sep 2009 14:24:06 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-17951 the federal reserve is the problem make this go viral for gods sake PEOPLE NEED TO SEE THIS AND LEARN ABOUT THE FEDERAL RESERVE http://www.youtube.com/watch?v=iYZM58dulPE&feature=player_embedded#t=1482 infowars.com henrymakow.com drtenpenny.com goodnewsaboutgod.com by dr day the federal reserve is the problem make this go viral

for gods sake PEOPLE NEED TO SEE THIS AND LEARN ABOUT THE FEDERAL RESERVE

http://www.youtube.com/watch?v=iYZM58dulPE&feature=player_embedded#t=1482

infowars.com
henrymakow.com
drtenpenny.com
goodnewsaboutgod.com by dr day

]]> By: Hikonos http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-10541 Hikonos Sat, 09 May 2009 15:11:22 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-10541 Well, it is interesting slice of info, however, Dan was asking WHY our paper dollar is made of air, not backed by precious metals, properties, other properties. And my question again: what pushes, or convinced US Feds to drop backing their currency even after 1947 International Agreement in Breton Woods? Plus, why would Feds back in 40s remove golden coins and bullion\'s out of public under penalty of law? I think it is pretty simple: by manipulating air-bubbled paper money whoever owns the Government will strangle people with more and more schemes to scrutinize their own people under. Well, it is interesting slice of info, however, Dan was asking WHY our paper dollar is made of air, not backed by precious metals, properties, other properties. And my question again: what pushes, or convinced US Feds to drop backing their currency even after 1947 International Agreement in Breton Woods?

Plus, why would Feds back in 40s remove golden coins and bullion\’s out of public under penalty of law?

I think it is pretty simple: by manipulating air-bubbled paper money whoever owns the Government will strangle people with more and more schemes to scrutinize their own people under.

]]> By: Gerard http://www.thefreemanonline.org/columns/banking-before-the-federal-reserve-the-us-and-canada-compared/comment-page-1/#comment-1189 Gerard Tue, 27 Jan 2009 00:28:55 +0000 http://www.thefreemanonline.org/uncategorized/banking-before-the-federal-reserve-the-us-and-canada-compared/#comment-1189 http://mises.org/money.asp Here is a link. G- http://mises.org/money.asp

Here is a link.

G-

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