Ladies and Gentlemen: What is the purpose of accumulating cash if it keeps getting stolen from you? It’s been over 100 years since this institution was instituted. And since then, the value of our money has been reduced to a point where it is LITERALLY (not figuratively) not worth the paper that it is printed on. What is this institution and where did it come from?
A long time ago, the United States Congress created a central bank today, we know it as the Federal Reserve Bank of the United States. What most people don’t know is that the bank isn’t a federal entity and candidly, it really has nothing in reserves. Is the Federal Reserve good for the United States? Is it even possible to get rid of it? The first step toward truth is to be informed.
Originally posted 2014-02-04 16:16:49.