The Start of The Federal Reserve

A video going over how the Federal Reserve got its start, and what impact it has on the American Economy.


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  1. 1. The definition of DEBT in this video is simplistic as if it is just the
    same as personal debt. It's not.
    2. Thomas Jefferson did not understand macroeconomics or the utility of
    banks. His written words on this subject should not be taken seriously. A
    national banks seemed to him more useful for New England than for Virginia.
    He saw prosperity as a zero sum game so if New England benefited from a
    well regulated banking system that must be at Virginia expense.
    3. The only thing worse than a central bank is NO central bank.

    Reply
  2. "If the American people ever allow private banks to control the issue of
    their currency, first by inflation, then by deflation, the banks and
    corporations that will grow up around them will deprive the people of all
    property until their children wake up homeless on the continent their
    Fathers conquered…I believe that banking institutions are more dangerous
    to our liberties than standing armies… The issuing power should be taken
    from the banks and restored to the people, to whom it properly belongs."
    ~Thomas Jefferson

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  3. Congress overwhelmingly approved another 100 year charter for the federal
    reserve, A private banking cartel that allowed the United States to go
    bankrupt. The federal reserve was introduced in 1913 by deceit and fraud.
    When 2013 comes rolling around be prepared for either, the main stream news
    not reporting on the federal reserve or, reporting that the federal reserve
    has been great, and efficient. We as citizens owe everything to the federal
    reserve literally. Do not believe their lies. The international bankers
    usurped everyone.

    Reply
  4. Conspiracy News Netw · Edit

    You might say interest creates a need for money printing to prevent
    deflation… but I would say that if people stopped printing, eventually
    the interest would fall to a low level on its own, creating a more secure
    price level that might fall infinitismally slowly… A predictable price
    level that reduces growth to a sustainable level and growth becomes
    entirely driven by innovation.

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  5. Woodrow Wilson also wrote , in private to a friend " I have ruined my
    country " . I have seen economic professors state that the FED is part of
    the executive branch of government , and NOT a private cartel . Maybe they
    are in denial , or maybe scared , or maybe lacking historical fact . I do
    not know. Either way , I believe it may be time for a change ( I am tired
    of kids going to school hungry ) . The Icelandic Solution anyone ?

    Reply
  6. @Forefatherrabbi this is very true, Thomas Jefferson said that a central
    bank is horrible. i don't know the exact quote so sorry about not being
    specific. but the federal reserve caused the Great Depression. you should
    read "creature from Jekyll island." very good book.

    Reply
  7. So what we need to do is replace the Fed, replace the dollar with a new
    dollar backed by gold, reset the system by voiding all internal debt, and
    start new. If you are a banker or presently wealthy, you wouldn't like this
    idea. People could be given a month or two to exchange their old dollars,
    up to say $100,000, and we all could restart this game of poker with a more
    or less even amount of chips.

    Reply
  8. Conspiracy News Netw · Edit

    I agree with the views on Fed and money printing, but please do not confuse
    interest rates and money creation! A 5% interest rate lent to someone means
    he pays back 105% yes, BUT that 5% is not created, it is merely removed
    from the economy, which is deflationary. low interest too is deflationary,
    but because more people borrow it appears to be inflationary, as more money
    that would be in the bank is lent out.

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  9. Every single Chairman of the Federal Reserve has been from a very
    privileged minority group that you can not mention. The fact that a
    minority group that represents only 2% of the population of America has
    headed the Privately owned Central Bank….should wake Americans up.
    However, since the same minority that controls the FED also owns 95% of all
    the media in America…you will never hear the true facts about the "Owners
    of America". Americans are debt slaves on a human farm.

    Reply
  10. First off, I support ending the Fed and going to a gold standard 100%
    reserve banking system. But whoever wrote this video, the Federal Reserve
    does not "loan the money it prints at interest".

    Reply
  11. there is a rally against the federal reserve on November 22nd across the
    nation at all the branches, spread the word and help end the fed. search
    Facebook for "16 Trillion Dollar Secret Bailout. No Media. END the FED"

    Reply

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