.. explained in a comprehensive way that I could understand the elements of the Federal Reserve and the purpose of the institution of the system. Which I disagree with. Jerry Casey

 

Trump Is Right: Here Are 100 Reasons Why We Need To Audit The Federal Reserve

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/http://truthfeed.com/trump-is-right-here-are-100-reasons-why-we-need-to-audit-the-federal-reserve/12971/

By Michael Snyder via The Economic Collapse blog,

When a leading nominee for President gets something exactly right, we should applaud them for it.  In this case, Donald Trump’s call to audit the Federal Reserve is dead on correct.  Most Americans don’t realize this, but the Federal Reserve has far more power over the economy than anyone else does – including Barack Obama.

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Financial markets all over the planet gyrate wildly at the smallest comment from Fed officials, and virtually every boom and bust cycle over the past 100 years can be traced directly back to specific decisions made by the Federal Reserve.  We get all excited about what various presidential candidates say that they “will do for the economy”, but in the end it is the Fed that is holding all of the cards.  The funny thing is that the Federal Reserve is not even part of the federal government.  It is an independent private central bank that was designed by very powerful Wall Street interests a little over 100 years ago.  It is at the heart of the debt-based financial system which is eating away at America like cancer, and it has no direct accountability to the American people whatsoever.

The Fed has been around for so long that most people assume that we need it.

But the truth is that we don’t actually need the Federal Reserve.  In fact, the greatest period of economic growth in United States history happened during the decades before the Federal Reserve was created.

A little over 100 years ago, very powerful forces on Wall Street successfully pushed for the creation of an immensely powerful central bank, and since that time the value of the U.S. dollar has fallen by about 98 percent and our national debt has gotten more than 5000 times larger.

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One Response

Jerry Casey

This is the first time this has been explained in a comprehensive way that I could understand the elements of the Federal Reserve and the purpose of the institution of the system. Which I disagree with.

But, it is obvious to me that it is long past due for this Banking System to Audited and the results to be publicly revealed so that we all know how we are enslaved to this monsterous system that takes our hard earned money and deprives each of us of the the value of our work.

I agree that it is imperative that the United States Congress act immediately to begin the process to audit the Federal Reserve Bank so that we can see where our wealth is being siphoned off too.

It appears on the suface of this organization that it is a giant puss pocket of theives that have been helping themselves and many others to the tax payers for many years and it is now time to stop the music and get to the bottom of the ruse.


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