The Fed is essentially a contractor that we pay handsomely to a) mess with interest rates and b) tell us when to print our own money. They could probably be replaced by a smart guy.
Now that we owe them about seventytwelve krflillion dollars it may be more complicated than that. But we did just fine without them for quite some time, and they have never done us any favors thus far.
It's difficult since we've allowed the Fed to go on for so long, but our country didn't always have a central banking scheme - we adopted it in 1913 using the false panic of 1908 incited by none other than JP Morgan. Get rid of the central bank. Every president that has tried has been killed. Morgans' company to this day on their website takes credit for saving our country from the Panic of 1908, but it was a ploy that allowed him to buy smaller banks that couldn't survive the crash, for pennies on the dollar.
Was created through congress and signed into existance by Woodrow Wilson. Remember how I said the board that controls the Fed is politically appointed? Senator Nelson Aldrich led the push for the Central Banking scheme, and he eventually married into the Rockefeller family. His great grandson, Nelson Aldrich Rockefeller actually became Vice President of the United states from 74' to 77'. He was also intrestingly enough the Govnr. of NY, the banking hub, for over a decade. Conflict of interest much? Of course the Fed is owned by families such as the Rockefellers, Rothschilds (who tried for over a hundred years prior to install a central bank, and Abraham Lincoln actually prevented them from funding both sides of the American Civil War), Warsburgs (Jewish banking royalty who sold out other Jews and paid off the Nazis so their family would remain untouched), so elites such as these. If it isn't obvious who runs the world, and I'm not directing that towards you, then I don't know what else could make it any more apparent.
Sorry, I meant the panic of 1907. I know who created the Fed and the powers that be who are behind it, that’s common knowledge for anyone who’s gone down this rabbit hole at all. But how did JP Morgan (and I’m assuming other bankers were in on this, too) artificially create the panic?
How would you go about doing that though? And wouldn't that also destroy the USD since nations around the world buy it for oil?
The Fed is essentially a contractor that we pay handsomely to a) mess with interest rates and b) tell us when to print our own money. They could probably be replaced by a smart guy.
Now that we owe them about seventytwelve krflillion dollars it may be more complicated than that. But we did just fine without them for quite some time, and they have never done us any favors thus far.
What happens if we were to nationalize the Fed?
It's difficult since we've allowed the Fed to go on for so long, but our country didn't always have a central banking scheme - we adopted it in 1913 using the false panic of 1908 incited by none other than JP Morgan. Get rid of the central bank. Every president that has tried has been killed. Morgans' company to this day on their website takes credit for saving our country from the Panic of 1908, but it was a ploy that allowed him to buy smaller banks that couldn't survive the crash, for pennies on the dollar.
Thanks bro. How exactly did they create it though? I thought it came about via credit.
Was created through congress and signed into existance by Woodrow Wilson. Remember how I said the board that controls the Fed is politically appointed? Senator Nelson Aldrich led the push for the Central Banking scheme, and he eventually married into the Rockefeller family. His great grandson, Nelson Aldrich Rockefeller actually became Vice President of the United states from 74' to 77'. He was also intrestingly enough the Govnr. of NY, the banking hub, for over a decade. Conflict of interest much? Of course the Fed is owned by families such as the Rockefellers, Rothschilds (who tried for over a hundred years prior to install a central bank, and Abraham Lincoln actually prevented them from funding both sides of the American Civil War), Warsburgs (Jewish banking royalty who sold out other Jews and paid off the Nazis so their family would remain untouched), so elites such as these. If it isn't obvious who runs the world, and I'm not directing that towards you, then I don't know what else could make it any more apparent.
Sorry, I meant the panic of 1907. I know who created the Fed and the powers that be who are behind it, that’s common knowledge for anyone who’s gone down this rabbit hole at all. But how did JP Morgan (and I’m assuming other bankers were in on this, too) artificially create the panic?
The Federal Reserve was created with a simple bill. Can easily be repealed.
Our founding fathers warned us about giving a bank as much power as we ended up giving them. See the many quotes from Jefferson.