Secret Owners of the Federal Reserve
The Owners of the Federal Reserve Are Private Bankers Who Have Taken Control of the U.S. Currency, and by Default, the Economic Future of All Americans.
The Federal Reserve isn’t so federal after all. In fact, the owners of the Federal Reserve are a group of twelve private banks located in major cities throughout the country.
Although “Federal” appears in their name, they are no more federal than Federal Express.
These banks are private entities and serve private interests–not necessarily the interests of the U.S. government.
Doesn’t the Federal Reserve control the printing of U.S. money?
The Federal Reserve does indeed print our currency and then it lends the money to the government.
The government promises to pay back these private banks the money it borrowed, with interest.
They make their money profiting off of the government and the people.
It is surprising to find the people behind the Federal Reserve have so much control over this nation that they, not the government, determine how much money to print and when to print it.
They virtually produce money out of thin air and lend it to the U.S. government.
It is no wonder the national debt grows larger every year; the government is required to pay interest even on its own currency!
The fact that the Federal Reserve controls the regulation of U.S. currency instead of the government gives a private corporation an immense amount of power and influence over this country.
Regulation of Currency
Those who control the Federal Reserve control the printing of American bills.
This means the regulation of U.S. currency is not determined by the government but by a private corporation whose primary motivation is profit.
The owners of the Federal Reserve are essentially given the power to create money out of nothing!
“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”
– James A. Garfield.
Changing Federal Funds
The federal funds rate determines just how much interest a bank charges for its loans.
This rate is set by the owners of the Federal Reserve and it changes the interest rate on loans, mortgages, credit cards and even influences the value of the dollar.
The ability to change this rate allows the Federal Reserve to profoundly affect the U.S. economy.
In fact, the Federal Reserve can affect the economies around the world!
Powerful Elite Minority
The Federal Reserve Board is in charge of the Federal Reserve.
They operate behind closed doors with no congressional oversight, and they make decisions that can instantly affect the entire country.
In many ways, their ability to affect the country is more dramatic than that of the government!
These individuals have the ability to affect the stock market on a whim.
They can change interest rates overnight, and they can print money at whatever frequency they like.
Imagine knowing if the stock market was going to plummet tomorrow.
Should such a small group of individuals, the banking mafia, wield so much power?