What is the Federal Reserve System?
As You Ask, What is the Federal Reserve System, Consider That America’s Gold and Real Property Has or is Moving From the People Over to Evil Men Called Bankers.
What is the Federal Reserve System? This is Part 2 to our article entitled, Function of the Federal Reserve System, where we quote a passage from The Legalized Crime of Banking and a Constitutional Remedy (1958), by Silas Walter Adams.
Read this article to further understand the ideas and concepts first presented in the above article.
It’s important we as Americans, and citizens of the world, understand exactly where the world today is headed.
By first educating ourselves to the problem, we can then take the necessary steps to rectifying it.
Power
“With New Deal largesses, followed by World War II profits, which trebled his now Bank of America assets, and in 1946, at the age of 77.
“…Giannini, the son of a poor Italian immigrant and fruit vendor, stood at the top of the Biggest Bank in the world, with its assets.
“…$6 billion, passing its two Wall Street rivals, Morgan’s City National and Rockefeller’s Chase National by a hot half billion!
“His Bank of America today, 1945, with its 500 branches sprawling over California’s 780-mile length (written in 1948 – the banks have continued to multiply).
“…carrying 40% of all bank deposits in California and spilling over into Oregon, Washington, Idaho, Nevada and New Mexico has made Giannini not only the biggest banker in the world, but the most sinister man in the world.
” “Giannini has so much power”, one California banking authority said, “that he could start a depression throughout the entire West simply by going conservative that is, calling in their loans and investing in U.S. Bonds”.”
Prediction
“In 1929, just before the October 24, 1929, crash, he declared to a Senate Banking Committee, “I would make branch banking nationwide and worldwide.
” “It is coming, gentlemen, and there is nothing you can do about it”.
“But in less than a year, his Bank of Italy stock hit $62.50.
“He hurriedly drew out $2,400,000 and slipped away to Italy to be near Mussolini, his personal friend, whom he admired.
“He was showing true banker-spirit – fight until routed, then grab all in sight and run for cover.
“After the war, he rushed back to make good his threat of nationwide branch banking.”
World Power
“Now he and Morgan and Rockefeller, and branch bankers, are working together to establish worldwide banking, before the cataclysmic crash.
“Giannini and all other bankers know it’s almost on us.
“If the Bretton Woods worldwide banking plan goes over, it will befull 100 years of private banking crimes, because control will be so remote that the people of a nation will be helpless, and the world peoples are so diverse in thought and reaction it will be impossible to arouse them to concerted action, I fear.”
Educate Yourself
Adams was a visionary. Today, the international bankers control our money, education, and media.
The propaganda is so effective that the majority of a once proud people are now asleep at the wheel.
The people are robotic in the way they wake up, work 8 hours, medicate themselves, and bow down to the magic television box. They’re slaves.
Enslaved because the power to create money was taken out of the hands of a controlled government and put into the private hands of a few men.
What is the Federal Reserve System? It’s the means by which all wealth has transferred from the people to the bankers.
While the producers slave away in their little shack homes, the bankers create money from nothing and steal the wealth of the land through the Federal Reserve.
The bankers produce nothing and contribute nothing but misery and slavery to the people.
Educate yourself on why your debt is impossible to pay off because the interest must be paid with more borrowed money.