Federal Reserve Deception: part 2
Silver Snowball Preparation Today
Question: Is the Federal Reserve is open to normal Congressional audit?
By the early 20th century the United States government had already implemented and removed a few central banking systems. At this time the dominant families in the banking and business world were; the Rockefellers, the Morgans, the Rothchilds, and the Warburgs.
In the early 19th century these families tried to influence legislation to create another central bank. This group manipulated newspaper articles to cause a public panic which resulted in runs on the banks. This spiraled into the financial panic of 1907.
A subsequent investigation into this panic was headed by Senator Nelson Aldrich. Senator Aldrich had ties to the banking cartel through marriage to the Rockefeller family. Senator Aldrich recommended the establishment of a central bank to prevent future bank panics.
In 1910 in a secret meeting the Federal Reserve Act was written by bankers not lawmakers. This act was made law by President Woodrow Wilson in 1913. Years later President Wilson expressed his regret through writings. He mentioned that we were no longer a government by free opinion, but duress of a small group of dominant men.
The public was told the reserve system would be an economic stabilizer and that inflation would be a thing of the past. History has shown this to not be true. Modern technology has provided this cabal of bankers with an efficient machine to support their personal ambitions.
From 1914 to 1919 the money supply was increased by nearly 100 percent. In 1920 the reserve system called in vast percentages of the money supply. This resulted in bank runs similar to 1907. Over 5400 competitive banks outside of the Federal Reserve system collapsed. This further consolidated a monopoly among a small group of bankers.
The reserve system is still a closed corporation. This system continues to craft and influence economic policy in the United States. Although there have been periodic congressional level discussions to open this system to an audit, no audits have occurred.
If you want to prepare for disater then the best way is to be silver rich. The inverse ratio of gold prices to silver is changing to reflect actual stockpiles.
Learn everything you can about our economic system. This concludes part 2. Live long and prosper.
Ronald Roberts has a lifelong interest in economics and business. A former military officer and MPA graduate, his favorite quote is: Never despise a humble beginning.
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