A Quote by Bernard von NotHaus
When it comes to the Federal Reserve, there's an awful lot of books out there; in my library, I bet I've got 200 books if I've got any on the Federal Reserve. And we don't need any more books, we need action, and that's what the Liberty Dollar did, it gave people a way to take action. Our catch phrase was you want to "make money, do good, and have fun," and people really responded to that.
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The dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury...and has created out of nothing a ... debt which the American people are obliged to pay with interest.
We own? the Federal Reserve. There is this misconception that the Federal Reserve is some private entity. But if I might give an analogy here, we - U.S. taxpayers - own all the stock in the Federal Reserve.
One time, the Library of Congress was giving books to local libraries around the country on Islam. The library of a guy named Walter Jones, who's a member of Congress from North Carolina, got some books and resource materials, and he got up in the press and said he didn't want any Muslim books in the library. And the people said, "Wait a minute, that's kind of anti-Muslim." He said, "Oh no, Keith Ellison is a friend of mine." And I said, "You know what? We are friends, but you're wrong about this.
If Congress wanted to intervene with the Federal Reserve, well, we created the Federal Reserve. We could uncreate it. But would you want Congress regulating the money supply? We'd have drowned in inflation, or gone bankrupt, decades ago.
I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve - it's taxpayer's money that's being used there.
When it appears as though the governors of the Federal Reserve believe that the end of the rate increases is near, that's very good news for investors. A lack of ambiguity from the Federal Reserve is always a little bit of a shocker.
As far as this categorization of books, the way I see it is there are really a hundred-odd categories of books plus one, and on the top shelf at home, I've got the books I love, my favorite books, and that's the type of book that I want to write.
I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.
The Federal Reserve Act requires the Federal Reserve to report annually on its operations and to publish its balance sheet weekly.
Kids not only need to read a lot but they need lots of books they can read right at their fingertips.They also need access to books that entice them, attract them to reading. Schools...can make it easy and unrisky for children to take books home for the evening or weekend by worrying less about losing books to children and more about losing children to illiteracy.
Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government.
If the Federal Reserve pursues a policy which Congress or the President believes not to be in the public interest, there is nothing Congress can do to reverse the policy. Nor is there anything the people can do. Such bastions of unaccountable power are undemocratic. The Federal Reserve System must be reformed, so that it is answerable to the elected representatives of the people.
People need to get involved in their neighborhood groups and the many housing reform groups that are out there. We need to hold our elected officials accountable and push them to create legislation that protects tenants and keeps people in their homes. Our governments - local, state and federal - also need to allocate resources to enforce the fair housing laws that are already on the books.
We want to make sure children aren't left without any books. We want to make sure our children have the books, that they have a place in the castle. We want to make sure that their mothers have affordable day care. We want to make sure we give the older people the care that they need.
Only idiots or snobs ever really thought less of 'genre books' of course. There are stupid books and there are smart books. There are well-written books and badly written books. There are fun books and boring books. All of these distinctions are vastly more important than the distinction between the literary and the non-literary.
The Federal Reserve ranks among the most transparent central banks. We publish a summary of our balance sheet every week. Our financial statements are audited annually by an outside auditor and made public. Every security we hold is listed on the website of the Federal Reserve Bank of New York.
