Read the Truth About Federal Reserve Information and Their Intentions. Our Country Has Been Stolen Out From Beneath Us at the Hands of the International Bankers.

Federal Reserve information: The Federal Reserve, or the Fed, functions as America’s central bank lender of last resort and guardian of the money supply. Part of their responsibility is to stabilize currency value.

The system, however, is so complex that most people do not have accurate enough Federal Reserve information to know what’s going on.

They do not understand how through it’s very existence, its structure and its activities the Fed undermines the very tax payers it claims to serve.

To understand the Federal Reserve we must first understand what our family founders intended for this nation.

Many of the founders of our country were staunchly opposed to the implementation of a central bank.

The British had attempted to place the colonies under the mercantile system and the control of the Bank of England, which the framers of our Constitution found as tyrannical.

Thomas Jefferson and James Madison were two of the most vocal in their opposition to a central bank.

They saw a central bank as a pathway to large public debt which would fund a government larger than the Constitution ever intended.

Showing great foresight these founding fathers knew that a central bank would breed monetary manipulation and eventually corruption.

In the end, Alexander Hamilton, who desired to institute an American version of mercantilism, had his way, and a central bank was formed.

The United States central bank would take many forms before ending up in its current version.

The United States was plagued with several banking issues through out the 19th century.

In order to stop runs on banks and instill confidence in the United States economy delegates were sent to Europe to study their central banking systems.

Senator Nelson Aldrich proposed a plan which allowed little government control of the bank.

His plans passed through the legislature with some changes and became the Federal Reserve Act of 1913.

Federal Reserve Structure

The most important Federal Reserve information available is related to the structure.

Through this we can see why this system has been widely criticized by economists, politicians and tax payers since 1913.

The Federal Reserve System consists of: Board of Governors: Appointed by U.S. president and confirmed by the senate the seven governors serve fourteen year terms.

Clearly, the most telling of the preceding Federal Reserve information is that the Fed is not controlled or overseen by any elected official. It is not even considered a government entity.

Private banks own it and elect most of its members. While the board of governors is appointed by the President and confirmed by the Senate, they have no say or ability to audit their actions.

Now, consider that the Federal Reserve can print money at will to manipulate the money supply; by doing so they dilute the true value of money in circulation already.

By making the money in your bank account less valuable the Fed is excising a tax on the American populace.

Therefore, we have a clear example of taxation with no representation.

New York Influence

A less obvious piece of Federal Reserve information that shows the bank is manipulated and controlled by the financial elite is its ties to New York and Wall Street’s money.

The senator who wrote the Federal Reserve Act of 1913, Nelson Aldrich, was in fact closely tied to financiers of the time.

He was close friends with J.P. Morgan and father-in-law to John D Rockefeller, Jr.

The Federal Open Market Committee rotates regional banks as voting members, with the exception of New York’s governor.

He is a stationary member who always has a voice on the key policy making committee.

Clearly, the politicians and business men who crafted this system wanted New York’s interest always represented.

Home to Wall Street and America’s richest and most powerful, New York can have a large effect on the monetary system.

With all of this Federal Reserve information available, why do more people not see that our central bank is merely a tool of the powerful and rich?

These “Money Trust” members that law makers feared would run the country through a central bank indeed have found a way to manipulate the financial system to suit their needs.