As a thirty year retired Fed employee; Hurray. I hope it is true. The Fed is a private company that was started by bankers and controlled by bankers for the benefit of bankers. The Fed is not part of the government! But the control it has of the economy means it should be part of the government. It claims to be independent but if you believe that I have a bridge I would like to sell you. The interest of the Fed is not for the people but the bankers. Bankers are even on the board of the Fed. Interest rates should be determined by the marketplace, and companies that cannot cut it need to go out of business. Additionally, our fiat currency should be backed by gold or some other precious metal or even commodities, not just the good faith of the government. CBDCs should be decentralized and not centralized as the Fed and the government wants it to be to keep control.
Thanks for sharing your experience at the Fed! Their role in our economy is definitely a topic of discussion. While this video focuses on the cyberattack, your point about the Fed's structure is a valid one.
@@thesilentgeneration we've been pumping out commodities non stop with an endless supply of nothing sure there's plenty to go around but when the time comes to amass a worthwhile amount of bullion the metals will not be there same thing we did to France initially before we switched to the Fiat system
Where is the Federal Reserve saying that? I haven't seen anything from the Federal Reserve saying that its Evolve Bank. I see security researchers, twitter, and news outlets saying that based on the data released.
I almost was in agreement with you at the end but then you went and said its odd all the researchers and pr people went to this "other ransomware attack at this other bank" It's not like they picked that randomly, thats what lockbit released AS THE FED DATA.
We will know soon enough. The PR push to create a narrative around the bank hack being the source is what we find unusual. Not the data released but the same narrative coming from various sources.
@@XactCyber The "PR push" would be around teletubbies if thats the data Lockbit released after the countdown. I agree that this might not be the end of the story however I don't see this "pr push" as a suspicious , I see it as reasonable minds coming to a consensus based on data that was released by Lockbit THEMSELVES.
@@XactCyber Also can you please cite where you have seen the Federal Reserve comment on this. You've said that more than once now and I haven't seen any mention from the Federal Reserve anywhere. I asked this on your last video but the comment seems to have disappeared 🤔
a lot of words to say nothing, good job, btw the federal reserve are a private company just like black rock nothing to do with the gouverment but to rent them money
As a thirty year retired Fed employee; Hurray. I hope it is true. The Fed is a private company that was started by bankers and controlled by bankers for the benefit of bankers. The Fed is not part of the government! But the control it has of the economy means it should be part of the government. It claims to be independent but if you believe that I have a bridge I would like to sell you. The interest of the Fed is not for the people but the bankers. Bankers are even on the board of the Fed. Interest rates should be determined by the marketplace, and companies that cannot cut it need to go out of business. Additionally, our fiat currency should be backed by gold or some other precious metal or even commodities, not just the good faith of the government. CBDCs should be decentralized and not centralized as the Fed and the government wants it to be to keep control.
Thanks for sharing your experience at the Fed! Their role in our economy is definitely a topic of discussion. While this video focuses on the cyberattack, your point about the Fed's structure is a valid one.
With what gold and silver it's long since been stolen
@@SuperMelphis But commodities have not been, if you wish to go that route and down that rabbit hole!
@@thesilentgeneration we've been pumping out commodities non stop with an endless supply of nothing sure there's plenty to go around but when the time comes to amass a worthwhile amount of bullion the metals will not be there same thing we did to France initially before we switched to the Fiat system
How come no stream media news covering this??
Cause it’s why Julian Assange was released. The people pulling the strings don’t want that connection made.
Mainstream media sometimes don't report these cyberattacks. This was one of the reasons why I decided to create this channel.
Where is the Federal Reserve saying that? I haven't seen anything from the Federal Reserve saying that its Evolve Bank. I see security researchers, twitter, and news outlets saying that based on the data released.
I almost was in agreement with you at the end but then you went and said its odd all the researchers and pr people went to this "other ransomware attack at this other bank"
It's not like they picked that randomly, thats what lockbit released AS THE FED DATA.
We will know soon enough. The PR push to create a narrative around the bank hack being the source is what we find unusual. Not the data released but the same narrative coming from various sources.
@@XactCyber The "PR push" would be around teletubbies if thats the data Lockbit released after the countdown. I agree that this might not be the end of the story however I don't see this "pr push" as a suspicious , I see it as reasonable minds coming to a consensus based on data that was released by Lockbit THEMSELVES.
@@XactCyber Also can you please cite where you have seen the Federal Reserve comment on this. You've said that more than once now and I haven't seen any mention from the Federal Reserve anywhere. I asked this on your last video but the comment seems to have disappeared 🤔
@@XactCyber lol thanks for letting me know that I shouldn't take this channel seriously. Deleting logical comments.
a lot of words to say nothing, good job, btw the federal reserve are a private company just like black rock nothing to do with the gouverment but to rent them money
Thanks for watching! The Fed is a public-private partnership, not entirely private.
So what did they say? What information did they release?
The data released on the dark web were reported to belong to Evolve Bank customers.
hmm this would ramp up tensions by our gov , this would not go unchecked
You're definitely right!
The security team was laid off, there was no issues so they had to go.
🤔
Great reporting ! 🎉
Thanks!
Interesting seeing.
It sure is
Nice
Thanks
Nasty supply chain attack
Nasty indeed!
I hope they release all the secrets.
If they really have the information and release it, it could significantly harm the economy. Let's hope it doesn't come to that.