All About Federal Reserve System
Knowing About the Federal Reserve System and the Illuminati Bankers Who Have Absolute Control Over it Will Help Concerned Citizens Take Back Control of America.
If one is keen to learn about the Federal Reserve System there are a couple of basic facts one needs to know.
First, this is a privately-owned bank which controls the money (banknotes, coinage) and all the credit in the entire United States of America.
It is owned by individuals who also own other banks, namely the 12 central banks in the so-called Federal Reserve Bank regions.
These areas are designated as New York, Boston, Atlanta, Cleveland, San Francisco, Minneapolis, Chicago, St Louis, Philadelphia, Kansas City, Richmond, Dallas and Atlanta, each of which has its own central bank, which in turn owns shares in the Federal Reserve.
The second thing one needs to know about the Federal Reserve System is that it is entirely secretive.
It is not a publicly traded company, so no one absolutely knows who owns shares in its 12 regional banks. Given how it operates though, it is obviously owned by some of the richest people in the world.
The proceedings of the Federal Reserve Board are entirely secret and none of the operations are made public.
The third crucial fact about the Federal Reserve System is that it supersedes the states and the central government; in fact, the government can borrow money from no other institution than the Fed.
Money Worth the Paper
The Federal Reserve System is immoral and amounts to a huge swindle perpetrated by a small group of people on the population of the United States, and, increasingly, the people in the rest of the world.
Another important fact about the Federal Reserve System is that the money it creates through banknotes, coinage, digital numbers on screens and, of course through credit, is entirely notional.
None of this money has any intrinsic value. Since 1973, it has not been redeemable for anything in the way of precious metals such as gold or silver.
When the Fed wants to create more money, it creates it out of thin air.
What must also be understood about the Fed is that the U.S. government is completely subservient to it.
In the first place, bankers finance politicians who are beholden to them and therefore Fed stockholders own the government, just as creditors own anyone indebted to them.
Everything that happens in America, whether it’s boom or bust, terror or prosperity, war or peace, is decided largely by the players in the Federal Reserve System.
Creating a Monster
As long as there has been money around, there have been people who have endeavored to gain control of the production of it.
In 1913, the United States lost its vigilance. A relatively small financial crisis occurred around 1907 and made Americans nervous.
A politician called Nelson W. Aldrich, the father-in-law of John D. Rockefeller Jr., worked with financiers to create a new system of money creation and control.
At a meeting on Jekyll Island off the shores of Georgia, the Federal Reserve System was conceived.
It was sneaked though Congress during the Christmas season of 1913, when only three senators (the quorum required) were there to pass it.
President Woodrow Wilson signed the Federal Reserve Act into law, something he regretted for the rest of his life.
Was it this Bad
An interesting fact about the Federal Reserve System is that it was not as extreme then as it is now.
There was still a type of paper currency in America called Gold Certificates. Each certificate gave its holder title to its corresponding amount of gold coin.
Therefore, this type of paper currency was intended to represent actual gold coinage. But President Franklin D. Roosevelt outlawed gold certificates in 1933.
The Bretton Woods meeting of 1944 reverted the U.S. dollar to a partial gold standard.
The only real challenge to the Federal Reserve System came from President John F. Kennedy in 1963, who issued Executive Order 11110 which allowed the printing of silver-backed Silver Certificates by the U.S. government.
Silver Certificates were immediately popular with Americans who liked a currency that was redeemable for something physical with a market value.
But JFK was assassinated by unknown gunmen in Dallas, Texas just months after launching the currency and all Silver Certificates were quickly withdrawn from circulation.
In 1973, President Richard Nixon took the United States off the partial gold standard and the Fed was then free to print as much money as it liked with nothing to back it up.
Abolishing the Fed
The existence of such a body is unprecedented in the world. Because it is man made, however, it can certainly be challenged and abolished.
The way this will probably happen is through a widespread loss of confidence in worthless paper money and a return to bartering in currency with real material value.
Until the American people, not the politicians, stand up in their millions and say ”No more!” it is probable that the powers-that-be behind the Fed will hold onto the reigns at any price and for as long as they can.