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Federal Reserve Riddle: How did they earn $2 trillion?

 
Riddler
User ID: 46325389
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09/05/2013 10:56 PM
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Federal Reserve Riddle: How did they earn $2 trillion?
Riddle:

A U.S. citizen who worked hard for 15 years or 20 years full time and worked simply to save, say, $100,000 in short term and long term U.S. treasuries for a modest retirement. This might be a money market account or some other funds that invests the money in U.S. Treasuries.

Then, this citizen takes a hard look at the Federal Reserve, which is actually a consortium of privately owned banks.

When the Federal Reserve needs more money, they call the U.S. treasury and order them to engrave $85 billion this month in U.S. dollars, or print them digitally. They then turn around and with this $85 billion they buy U.S. Treasuries and sit on them. They do this until they have accumulated $2 trillion in U.S. treasuries, which is on the Federal Reserve’s balance sheet right now.

Riddle: How much more work did the owners of the Federal Reserve bank do to earn their $2 trillion, than the private U.S. citizen did to earn $100,000 of these risk free notes?
Riddler (OP)
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09/05/2013 11:20 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Hint: This is a tricky one! I have asked several PhD's in Economics this very question and they were dumbfounded.

There is only one correct answer!
brassbat

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09/05/2013 11:24 PM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
If this is true we could pay off the national debt in no time. Why don't we ?another do
jjjjj
Anonymous Coward
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09/05/2013 11:29 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Answer: zero work
Riddler (OP)
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09/05/2013 11:35 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
If this is true we could pay off the national debt in no time. Why don't we ?another do
 Quoting: brassbat


Well, no. The U.S. National Debt now stands at $16.928 Trillion. The $2 Trillion of debt owed to the privately owned Federal Reserve banks are a part of that. They are privately owned (more than 50% share is overseas owned). Believe me, they will want their money repaid. But this is sidetracking us from the riddle.pigchef
Rara Avis

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09/05/2013 11:38 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
How did they steal $9 trillion and only one guy confronted them on it?


H W S A X R E P O D L A
Anonymous Coward (OP)
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09/05/2013 11:40 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Answer: zero work
 Quoting: Anonymous Coward 30670164


Winner AC 164! (I had a feeling it would take a foreigner to get it)

Congratulations!
Instant Karma
For now we see through a glass, darkly

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09/05/2013 11:41 PM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Pssst: they create it out of nothing, but insist that it must be paid back with interest or you're a thief.

[link to www.webofdebt.com]

Last Edited by Instant Karma on 09/05/2013 11:42 PM
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
Anonymous Coward
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09/05/2013 11:45 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
AC's answer of "zero work" isn't a valid answer to the question posed.

How much more work did the owners of the Federal Reserve bank do to earn their $2 trillion, than the private U.S. citizen did to earn $100,000 of these risk free notes?
 Quoting: OP


1. In the context of the question beginning with "How much more work..."
The response "zero work" is improper.

2. You did not define "work", thus the question cannot be accurately answered.
goldielucks

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09/05/2013 11:50 PM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
bump
"Democracy is nothing more than mob rule, where 51% of the people may take away the rights of the other 49%." ~ Thomas Jefferson

Mrs. Powel of Philadelphia asked Benjamin Franklin, “Well, Doctor, what have we got—a Republic or a Monarchy?”
With no hesitation, Franklin replied, “A republic, if you can keep it.”
Riddler (OP)
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09/05/2013 11:51 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
AC's answer of "zero work" isn't a valid answer to the question posed.

How much more work did the owners of the Federal Reserve bank do to earn their $2 trillion, than the private U.S. citizen did to earn $100,000 of these risk free notes?
 Quoting: OP


1. In the context of the question beginning with "How much more work..."
The response "zero work" is improper.

2. You did not define "work", thus the question cannot be accurately answered.
 Quoting: higherconscience


The correct answer is "none." Zero is the equivalent of "none."

So if this was Jeopardy, I guess he/she would have won it based on that answer. Assuming it was articulated in the form of a question.

Sheesh! The lengths you have to go to please some people!
Anonymous Coward
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09/06/2013 12:00 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
AC's answer of "zero work" isn't a valid answer to the question posed.

How much more work did the owners of the Federal Reserve bank do to earn their $2 trillion, than the private U.S. citizen did to earn $100,000 of these risk free notes?
 Quoting: OP


1. In the context of the question beginning with "How much more work..."
The response "zero work" is improper.

2. You did not define "work", thus the question cannot be accurately answered.
 Quoting: higherconscience


The correct answer is "none." Zero is the equivalent of "none."

So if this was Jeopardy, I guess he/she would have won it based on that answer. Assuming it was articulated in the form of a question.

Sheesh! The lengths you have to go to please some people!
 Quoting: Riddler 46325389


Invalid.

You still have not defined "work".

Without a proper definition of "work" you cannot expect anyone to compare one person's input to another's (or collective).

Until you have defined the word, I shall claim the title of Winner in this thread.

Give me a delicious chocolate chip cookie, please. Soft but not too soft. Slightly warm, preferably.
UseLessRepEATER
Those who know the least obey the best: G.F.

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09/06/2013 12:04 AM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
All banks, corporations and governments (themselves corporations) were foreclosed upon late last year:

[link to wakeup-world.com]
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~U.R.~

Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
~H. L. Mencken~

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
~Plato~

When a well-packaged web of lies has been sold gradually to the masses over generations,
the truth will seem utterly preposterous and its speaker a raving lunatic.
~Dresden James~
Riddler (OP)
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09/06/2013 12:10 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
AC's answer of "zero work" isn't a valid answer to the question posed.

How much more work did the owners of the Federal Reserve bank do to earn their $2 trillion, than the private U.S. citizen did to earn $100,000 of these risk free notes?
 Quoting: OP


1. In the context of the question beginning with "How much more work..."
The response "zero work" is improper.

2. You did not define "work", thus the question cannot be accurately answered.
 Quoting: higherconscience


The correct answer is "none." Zero is the equivalent of "none."

So if this was Jeopardy, I guess he/she would have won it based on that answer. Assuming it was articulated in the form of a question.

Sheesh! The lengths you have to go to please some people!
 Quoting: Riddler 46325389


Invalid.

You still have not defined "work".

Without a proper definition of "work" you cannot expect anyone to compare one person's input to another's (or collective).

Until you have defined the word, I shall claim the title of Winner in this thread.

Give me a delicious chocolate chip cookie, please. Soft but not too soft. Slightly warm, preferably.
 Quoting: higherconscience


No, you didn't win a cookie. You tell me the work they did to earn it, and maybe you win a cookie. Is it counting all that pilfered lucre day after easy day by the outdoor pool, while your servant brings you cocktails and you talk on the cell phone to a few other important international bankers? Checking the monthly bank statements to make sure it is all still there. Ha! Such work, we could all envy.
Anonymous Coward
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09/06/2013 12:14 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
AC's answer of "zero work" isn't a valid answer to the question posed.

...


1. In the context of the question beginning with "How much more work..."
The response "zero work" is improper.

2. You did not define "work", thus the question cannot be accurately answered.
 Quoting: higherconscience


The correct answer is "none." Zero is the equivalent of "none."

So if this was Jeopardy, I guess he/she would have won it based on that answer. Assuming it was articulated in the form of a question.

Sheesh! The lengths you have to go to please some people!
 Quoting: Riddler 46325389


Invalid.

You still have not defined "work".

Without a proper definition of "work" you cannot expect anyone to compare one person's input to another's (or collective).

Until you have defined the word, I shall claim the title of Winner in this thread.

Give me a delicious chocolate chip cookie, please. Soft but not too soft. Slightly warm, preferably.
 Quoting: higherconscience


No, you didn't win a cookie. You tell me the work they did to earn it, and maybe you win a cookie. Is it counting all that pilfered lucre day after easy day by the outdoor pool, while your servant brings you cocktails and you talk on the cell phone to a few other important international bankers? Checking the monthly bank statements to make sure it is all still there. Ha! Such work, we could all envy.
 Quoting: Riddler 46325389


FRB is made up of cock gobblers who like little boys and fucking America in the ass.

Where's my goddamn cookie?
pool
Netizen Ribbonmind

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09/06/2013 12:15 AM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Pssst: they create it out of nothing, but insist that it must be paid back with interest or you're a thief.

[link to www.webofdebt.com]
 Quoting: Instant Karma



Shows how stupid the Government is to agree to such.
clappa
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
Anonymous Coward (OP)
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09/06/2013 12:22 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
...


The correct answer is "none." Zero is the equivalent of "none."

So if this was Jeopardy, I guess he/she would have won it based on that answer. Assuming it was articulated in the form of a question.

Sheesh! The lengths you have to go to please some people!
 Quoting: Riddler 46325389


Invalid.

You still have not defined "work".

Without a proper definition of "work" you cannot expect anyone to compare one person's input to another's (or collective).

Until you have defined the word, I shall claim the title of Winner in this thread.

Give me a delicious chocolate chip cookie, please. Soft but not too soft. Slightly warm, preferably.
 Quoting: higherconscience


No, you didn't win a cookie. You tell me the work they did to earn it, and maybe you win a cookie. Is it counting all that pilfered lucre day after easy day by the outdoor pool, while your servant brings you cocktails and you talk on the cell phone to a few other important international bankers? Checking the monthly bank statements to make sure it is all still there. Ha! Such work, we could all envy.
 Quoting: Riddler 46325389


FRB is made up of cock gobblers who like little boys and fucking America in the ass.

Where's my goddamn cookie?
 Quoting: higherconscience


Well, yes, but my Canadian friend was the winner - truth be said. Sorry, bud.
Riddler (OP)
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09/06/2013 12:24 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Pssst: they create it out of nothing, but insist that it must be paid back with interest or you're a thief.

[link to www.webofdebt.com]
 Quoting: Instant Karma



Shows how stupid the Government is to agree to such.
clappa
 Quoting: pool


The question becomes, will we agree to pay this extra debt the private Federal Reserve accumulated? Will we be that stupid? China yes. Federal Reserve private banks? Time will tell.
Instant Karma
For now we see through a glass, darkly

User ID: 30388691
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09/06/2013 12:35 AM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Pssst: they create it out of nothing, but insist that it must be paid back with interest or you're a thief.

[link to www.webofdebt.com]
 Quoting: Instant Karma



Shows how stupid the Government is to agree to such.
clappa
 Quoting: pool


It's not just the interest. The Treasury owes the principle to the FR as well.

That same principle could have been created as debt-free dollars and owed to no one. That's the scam that the FR has been running since 1913.
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]

mobius-gears
Soma/Comatose
Everything You Know Is WRONG.

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09/06/2013 12:36 AM

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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Riddle:

A U.S. citizen who worked hard for 15 years or 20 years full time and worked simply to save, say, $100,000 in short term and long term U.S. treasuries for a modest retirement. This might be a money market account or some other funds that invests the money in U.S. Treasuries.

Then, this citizen takes a hard look at the Federal Reserve, which is actually a consortium of privately owned banks.

When the Federal Reserve needs more money, they call the U.S. treasury and order them to engrave $85 billion this month in U.S. dollars, or print them digitally. They then turn around and with this $85 billion they buy U.S. Treasuries and sit on them. They do this until they have accumulated $2 trillion in U.S. treasuries, which is on the Federal Reserve’s balance sheet right now.

Riddle: How much more work did the owners of the Federal Reserve bank do to earn their $2 trillion, than the private U.S. citizen did to earn $100,000 of these risk free notes?
 Quoting: Riddler 46325389





Magic.
I have so much debt, I can start a government.
Riddler (OP)
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09/06/2013 12:36 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
Watch your back, Bernanke. Instant karma's gonna get you!
Anonymous Coward
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09/06/2013 12:37 AM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
They get paid .06 cents for every dollar they print. How many have they printed since this all began ?
Riddler (OP)
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09/06/2013 10:59 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
So - now that we know the answer to this riddle, who is it that has accumulated $2 trillion in T-bills for no consideration on their end? Who does this stash of T-Bills belong to? Who actually owns the Federal Reserve Bank? Why don't those owners have to earn the money, while we have to slave away and save each dollar we can?

Apparently, Congress tried to find out who really owns the Fed in 1976. They got some answers but not all. And I believe the ownership could have changed a little in 30+ years. Who gets all this free money?

We aren't allowed to know. It's either national security card or some other obscure secrecy clause.

Does this make any sense to you? I mean, we suspect who owns it (probably the rich banking families that in London and Berlin), but we don't really know. We mostly know.

Ron Paul wanted an audit of the Fed, and he got screwed by the MSM on his presidential bid with no coverage and ignoring his wins at the straw polls. So the MSM is carrying water for them, obviously. But we need more answers.
Riddler
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09/26/2013 09:34 PM
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Re: Federal Reserve Riddle: How did they earn $2 trillion?
If Ron Paul had gotten a true audit of the Fed, the actual ownership of the Federal Reserve would be public knowledge by now. I believe if that knowledge was public, it would start a firestorm of debate in this country. Too bad that RP was shut down. It's too bad more people didn't get behind the effort to get even this little crumb of transparency from our government.

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