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Federal Reserve (U.S. Federal Reserve Banks) |
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An inferior private banking cartel to the Globe Union Reserve Bank. Formed in 1913, when the U.S. Government relinquished control of its currency to this private banking group, nominally owned by U.S. Banks, but ultimately owned by private banking interests, principally in Europe, especially Rome and Zurich. The Federal Reserve Banks are a key element of the Industrialized debt-based Banking Cartel but are unique in being so open in successfully re-distributing the public wealth of Americans to private banking families and ecclesiastical groups. The "Fed" is also unique in never once having met its core social objectives and is both the primary cause for the unprecedented levels of U.S. debt and at the same time the entity managing the debt. The "Fed" remains untouchable, in spite of its complete responsibility in the Global Recession of 2008-2010. |
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Foreign Direct Investment (FDI) |
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The acquisition of at least ten percent of the ordinary shares or voting power in a public or private enterprise by nonresident investors. Direct investment involves a lasting interest in the management of an enterprise and includes reinvestment of profits.
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Foreign Exchange |
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Any type of financial instrument that is used to make payments between countries is considered foreign exchange. Examples of foreign exchange assets include foreign currency notes, deposits held in foreign banks, debt obligations of foreign governments and foreign banks, monetary gold.
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Freely Usable Currency |
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A currency that the Globe Union Reserve Bank has determined is widely used to make payments for international transactions and widely traded in the principal exchange markets. All currencies of the Bank are defined as freely usable currencies.
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