What IS the Federal Reserve System – Really?
- All of my wealth would transfer back to the people (I didn’t do any productive work to earn it anyway).
The Federal Reserve System is America’s fourth Central Bank. It is a private corporation with its own privately held stock 24 .
It is by far the most profitable corporation in America. It creates money out of nothing, injects it into society by buying government bonds, and then charges perpetual interest on it. This ongoing “loan” is referred to as “The National Debt”. And the profits are tax exempt.
Its real purpose is to create money out of nothing and charge perpetual interest on it, thereby creating immense profits for its shareholders.
- I would be powerless to keep the people dumbed down because it is such an expensive endeavor.
- Your governmental powers would again be under those severe limitations imposed by the Constitution, because the people would wake up and demand it. The police, military and even your own payday loans in AZ government agents would start applying their oaths of office.
- The nation would flourish beyond the imagination of most people today – just like it did during the times when there was no central bank.
Is some of this hard to believe? If so, please check some of the many references cited in the footnotes that back all of this up. Also consider reading one of the booklets, books or papers referenced below or watching one of the videos.
Is this too depressing? No need to be down, there is good news! Please see further below for Solutions that are already in the works! Yes, the house of cards is already falling down.
If you’ve read this far, congratulations, you’ve swallowed the red pill. Whether it was just now, or quite some time ago, you’re on a mission to learn more truth and do something about it. Just like Neo, after you get past the initial sick feeling deep in your gut, you awaken some parts of you that you haven’t used, and you do some searching and accelerated learning on topics you’ve never thought much about, and then the question becomes:
We may not like the Federal Reserve System now if we think about it, but we’re way past the three day right of rescission for a contract. The United States government has accepted it. Our ancestors have accepted it by going along with the switch from a Republic to a Democracy, and later by not rebutting the presumption that they are “persons”, and therefore are required to turn in their gold in exchange for Federal Reserve Notes. Today we continue the full acceptance by using those Federal Reserve Notes and the banking system that is based on them.
“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.” – Sir Josiah Stamp, president of the Bank of England and the second richest man in Britain in the 1920s, in an address at the University of Texas in 1927