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money

G. Edward Griffin on the Federal Reserve

national debt

 The Federal Reserve Banking System

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is the central banking system of the United States. It was created on December 23, 1913 with the enactment of the Federal Reserve Act.  Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved. The US Congress originally established three key objectives for monetary policy, maximum employment, stable prices, and moderate long-term interest rates in the Federal Reserve Act.

 

The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and today, according to official Federal Reserve documentation, include conducting the nation's monetary policy, supervising and regulating banking institutions, maintaining the stability of the financial system and providing financial services to depository institutions, the U.S. government, and foreign official institutions. 

 

The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors, the Federal Open Market Committee (FOMC), twelve regional Federal Reserve Banks located in major cities throughout the nation, numerous privately owned U.S. member banks and various advisory councils.

 

The FOMC is the committee responsible for setting monetary policy and consists of all seven members of the Board of Governors and the twelve regional bank presidents, though only five bank presidents vote at any given time. The Federal Reserve System has both private and public components, and was designed to serve the interests of both the general public and private bankers. The result is a structure that is considered unique among central banks.

 

It is also unusual in that an entity outside of the central bank, namely the United States Department of the Treasury, creates the currency used. So who are the faces behind this entity called the Federal Reserve? You won't find that answer in the Main Stream Media and the focus of this system has been shrouded in secrecy for the last 100 years, hidden behind the veil of the controlling hands of a few dominant men.

 

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Only since the Internet has the veil been at least partially lifted

to show a conspiracy behind a conspiracy. Much has been written about the Federal Reserve since that veil has been lifted but little to nothing has been done to stop the Federal Reserve Banking system or to slow it down. Amschel Rothschild of the Rothschild Dynasty said in 1863:

 

Give me control of a nation's money supply, and I care not who makes its laws. The faces behind the Federal Reserve system are singing Amschel Rothschild's quote as their theme song today. They have the nations wealth completely under their control as debtors from the heads of state within the government of the United States to every state and local government as well as most businesses. The citizens have the heavy load of their own debt, taxes and inflation. A monopoly of serfdom with all power, money and military at their disposal.

 

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John F. Kennedy the 35th President of the United States on June 4, 1963

signed Presidential Executive Order 11110, which basically stripped the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business.

 

November 22, 1963, as his car drove slowly past cheering crowds in Dallas, Kennedy was assassinated in a brutal attack. A lesson learned for all future Presidents that they are duty bound as well and expendable. No President since Kennedy has dared to raise his head up in the line of fire. All have proven themselves to be loyal to the Globalist cause and have performed their duties well as promoters of the agenda's laid before them.

 

The all powerful money men of the Federal Reserve share their bounty with the other divisions of the International Monetary Fund (IMF). If you think that the IMF is at the top, it's not. The IMF is a major part of the worlds Global economy but nothing more than a tool in the complex construct of the New World Order.

 

Next up: The Central Bank - A New Beginning 1913

 

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