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The most important aspect of the Federal Reserve Bank is that it was established by a small British Bank and 5 private families. They automatically pass their p
by syndicatednews 12y ago
The most important aspect of the Federal Reserve Bank is that it was established by a small British Bank and 5 private families. They automatically pass their privately held shares down from one generation to the next. It is not "federal" in any sense.
The Federal Reserve Bank is the fake name they gave the bank so that the public would not examine or challenge it. These handful of people have been ruining (yes, I meant ruining, not running) the U.S. economy since its onset for the purposes of keeping control of the U.S. financial picture and ensuring their 1% position.
The manner in which its discussed here gives it far too much importance when in fact it is a private bank that can be resolved as easily as we got rid of the pony express and outhouses.
Simply take away its power and move on. You do that by being serious about establishing crypto currency and rendering the 5 private families control obsolete.
The only importance the Federal Reserve Bank holds is the importance you continue to give it.
We used to travel by horse and buggy and we lit our homes with gas lanterns. It's time to dispense with this relic of a banking system that no longer serves any purpose other than to enrich a handful of families.
As Americans, we should all be ashamed and embarrassed that as a nation we've let this farce go on as long as it has. The only people wanting to keep it in place are those with contracts to make peripheral revenue from it as long as it holds it position.
Consider how fraudulent it is that years after its inception, this private group still has the only monopoly on printing money. The creation of the Federal Reserve Bank in itself is one of the biggest financial frauds that has ever taken place and most didn't even notice.
Yet even you guys, whom are embarking on crypto currency, considered the future world economy, still genuflect when you see a U.S. dollar.