The Federal Reserve in the US is an institution controlled by the jews, Fed chiefs Allan Greenspan and Ben Bernanke are jews.19 Reasons Why The Federal Reserve Is At The Heart Of American's Economic Problems
#1 "The Federal Reserve system is a debt-based financial system".
The way our system is designed, normally no money comes into existence without more debt being created.
#2 "The Federal Reserve and the bankers have a monopoly on the creation of this debt-based money".
Although the U.S. Constitution specifically gives Congress the power to create money, the U.S. Congress has given that power to the Federal Reserve and to the banking system.
#3 "The power of money creation and debt creation is in the hands of private individuals - not the government".
In fact, the Federal Reserve is about as "federal" as Federal Express is.As the Federal Reserve's own website describes, it is the member banks that own it....Well, when you trace the ownership of the member banks to the very top you find that the international banking elite are very strongly represented.
#4 "The Federal Reserve itself is not much of a profit-making institution. Rather, it is a tool that enables others to make obscene amounts of money".
As interest rates go up, this phenomenon is going to become even more brutal. Right now it is being projected that the U.S. government will be paying 900 billion dollars just in interest on the national debt by the year 2019.There are some very happy people out there that are becoming fabulously wealthy at our expense.
#5 "The Federal Reserve is a perpetual debt machine".
Did you know that the U.S. national debt is more than 5,000 times larger than it was 100 years ago?That's right - back in 1910, prior to the passage of the Federal Reserve Act, the national debt was only about $2.6 billion.
#6 "The Federal Reserve system is designed to cause inflation".
Most Americans believe that inflation is a fact of life, but the truth is that the United States has only had a major, ongoing problem with inflation since the Federal Reserve was created back in 1913.
#7 "The Federal Reserve has decided to play bizarre games with our money supply".
In a desperate attempt to revive the dying U.S. economy, the Federal Reserve has resorted to chucking gigantic quantities of cash into the financial system.
#8 "The Federal Reserve is undemocratic".
"So what makes the central economic planning that the Federal Reserve does different from the central economic planning that communist China does?" In both cases, a bunch of unelected elitists run the economy and make important economic decisions for the rest of us.
#9 "The Federal Reserve runs the U.S. economy".
But the truth is that it is the Federal Reserve that sets interest rates, it is the Federal Reserve that determines the money supply, it is the Federal Reserve that sets the "target rate" of inflation, it is the Federal Reserve that determines if unemployment is too high or too low and it is the Federal Reserve that watches over all of our banks.
#10 "The Federal Reserve favors the big banks".
Sadly, most of the "help" from the Federal Reserve always seems to go to the big boys. When "small enough to fail" banks need assistance, they are usually told to go sell themselves to one of the big banks.
#11 "The worse the debt problems caused by the Federal Reserve become, the more money the IRS needs to collect from the rest of us".
If the U.S. government could issue debt-free money, it is conceivable that we would not even need the IRS. You doubt this? Well, the truth is that the United States did just fine for well over a hundred years without a national income tax. But about the same time the Federal Reserve was created a national income tax was instituted as well. The whole idea was that the wealth of the American people would be transferred to the U.S. government by force and then transferred into the hands of the ultra-wealthy in the form of interest payments.
#12 "The Federal Reserve creates artificial financial bubbles".
The ridiculous policies of Greenspan and Bernanke have wrought disaster after disaster and yet most of our politicians still will not even consider major changes to the Federal Reserve.
#13 "The Federal Reserve is anti-free market".
In a true free market system, the marketplace would determine what interest rates are. In a true free market system, the marketplace would determine which financial institutions survive. In a true free market system, artificial financial bubbles would be far less likely. But we don't have a true free market system.
#14 "The Federal Reserve tells the rest of the our banks what to do".
For example, just last year Federal Reserve officials walked into one bank in Oklahoma and demanded that they take down all the Bible verses and all the Christmas buttons that the bank had been displaying.
#15 "The people currently running the Federal Reserve pretty much have no idea what they are doing".
In case anyone has not noticed, Federal Reserve Chairman Ben Bernanke has a very long track record of incompetence. Nearly every major judgment that he has made since taking over that position has been dead wrong.
#16 "Even though the Federal Reserve has such extraordinary power over the financial system, the American people are not permitted to examine their books".
The truth is that the Federal Reserve has never undergone a true comprehensive audit since it was created back in 1913.
#17 "The Federal Reserve has way too much power".
If the Federal Reserve did not exist, we would not have an unelected, unaccountable "fourth branch of government" running around that has gotten completely and totally out of control. Even some members of Congress are now openly complaining about how much power the Fed has.
#18 "The Federal Reserve is dominated by Wall Street and the New York banks".
The cold, hard reality of the matter is that the Federal Reserve is just another one of the tools that the Wall Street banking elite use to dominate all the rest of us.
#19 "The Federal Reserve has brought us to the brink of economic collapse".
If the Federal Reserve had never been created, the American people would not be so enslaved to debt. At the very core of our economic problems is debt. American consumers are swamped with debt, state and local governments are facing horrific debt problems from coast to coast and the federal government has piled up the biggest mountain of debt in the history of the world.
In 1922, Henry Ford wrote the following....
"The people must be helped to think naturally about money. They must be told what it is, and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few."
The amount of government debt that we have racked up is a great evil. We have stolen the future away from our children and our grandchildren. We have put them in a position where they will spend the rest of their lives paying off our debts to the bankers.
We owe it to future generations to fix the problems that we have created.http://theeconomiccollapseblog.com/arch ... c-problems