Central Bank

Do the citizens have the right to break free from the central bank control over it's money ?

And if they do, how could they trigger it.

Also, what effect would it have on the currency in question. Would it still be tradeable with Forex brokers ?

A Central Bank is the government bank in each country. It controls the supply of money and, to a certain extent, can affect the value of it.

How could you possibly "break free" from that?

Forex is traded with official currencies. A country can withdraw its currency from international trading if it so chooses, in which case that currency would no longer be tradeable through Forex brokers.

you all need to learn something about the FED and global banking in general.... the FED is NOT a government bank.
http://www.fdrs.org/federal_reserve_system.html

You're right. The U.S. Fed is not a government bank. I wasn't talking about the U.S. specifically. There are other countries you know.

I was saying that most countries' central banks are government owned.

Thanks for the link, though. Interesting info.

Completely agree with johndoe! E.g. BoE/BoF were not government controlled until II.WW end. They were privately owned banks which were helping in government debt creation in order to make their private investors profits
Also ECB is not government bank, and same stands for IMF/BIS...So the real question is to what purpose do they really serve ...

Happy trading&nice day to all !!
p.s. and thanks for excellent community here on FF !!

http://www.federalreserve.gov/genera...q/faqfrs.htm#5

They have corporate standards but they're not privately owned, says the FAQ. They're also completely handled by the government who can obviously repeal decisions they make and even canel the Federal Reserve Act all together.

We can make all the conspiracy theorys we want, but remember that:
http://www.fdrs is a BUSINESS. Where in history has the "scare factor" NOT worked?

Everyone has an agenda. Even if all this conspiracy stuff was true, none of us are "privledged" enough to ever know. Plus, if you somehow found otu...would you really like to live your life that way? If it happens to be true, then maybe ignorance is bliss so long as you're still gaining physical assets with the current system and living a life many would call heaven in every other part of the world (including our own).

I'm not saying I dismiss the idea, as I still don't dismiss any idea so long as it hasn't been disproven..I'm just saying I highly doubt it's integrity with the lack of proof and constant book and cd sales on every conspiracy website.

Let's begin with Conspiracy Planet (found at http://www.conspiracyplanet.com)

As we clearly see from their own site meter (bottom of the front page, left side) : http://www.sitemeter.com/?a=stats&s=s23conspiracyplanet

Average visits per day is 2,657 with a total of 2,841,593.

Now, click on any of the links on that site to buy things and you find they all come from websites that are selling conspiracy theories, or survival material. Regardless of who owns these sites, banner revenue pays off (of course, it's all to keep the site running free for the end user....right? )

Or we could use the ever popular quoted Prison Planet: (http://www.prisonplanet.com)
What business sells product better than one with a face everyone can relate too? Your average man Alex Jones (compariable to Michael Moore)...hell he even has his own radio show.

Listen, I'm not saying any of this stuff is false or fake, and that it's nonsense...I'm just saying there's no *real* proof at the moment and every single one of these guys has an agenda whether we want to believe it or not. Believing their propoganda is just as bad as believing everything you watch on TV - either way your still a blind pig.

Lead your own way in life. You don't listen to other people about market advice, you use what you see in the charts. Why wouldn't you do the same with life?

To Renegade7:

Really I am not interested in conspiracy sites nor conspiracy theories at all nor in creating them on this excellent site ( again thx ). But what am I interested in is banking and market. I just want to say that I agree with johndoe that everything in top banking sector is not so nice and clear and controlled by public&government

Just one from many silly thoughts - Who elects FED chairman ? US president formally, market behind scene ( e.g. market "approves" him ), and does anyone think that market (aka e.g. Wall street) is controlled by government ?

Again fine day and a lot of winning trades !

Sorry, I meant "the FED" not "central bank" I got to learn to be careful with the words i use.

Yeah, I agree with you guys saying that believing in conspiracy theories is as bad as believing what's being broadcasted on medias. But all I can see right now, is that this system is heading to a dead-end. And this is destroying everything that "America" was supposed to be.

Instead of a land where everyone can start again, have a new life. It is becoming more and more, a place where the average person is born with a debt to clear off. And it feels as if that debt kept growing over time. So talking about freedom, is almost cynical here.