Saturday, June 15, 2013

Just a few facts about the Federal Reserve....

1) The Federal Reserve was created in 1913
2) The Federal Reserve is a privately owned banking cartel. It is no more "federal" than Federal Express
3) WE the people do not elect any of these individuals into power.
4) The exact shareholdings are not public record.
5) Since the Federal Reserve was created in 1913, the US dollar has lost 96% of value.
6) Due to the introduction of the Federal Reserve, the 16th amendment to the constitution was ratified . (Personal income tax) which, here in America, we will spend arpund 3 months of our year working to pay off taxes.
7) The Federal Reserve is responsible for printing the currency that we use. Whenever government needs more money than it has it simply asks the Federal Reserve to print more. It is important to note that the entire monetary system was created in debt. For debt=money. money cannot exist without there being debt. This is an important principal to understand. It is also important to know that the money is not just given to the government. It is loaned to them by the fed, and is expected to be paid back with principal + interest. A logical question arises. Where does the money for the interest come from? You guessed it. It has to be borrowed. See how this system works now? It's an endless cycle of debt.

I encourage everyone to always ask questions about everything. We all need to be educated and shed light on just how this system works that governs our very existence. Knowledge is power!

No comments:

Post a Comment