Could this be one of the Greatest Scams in the history of the world? It certainly heavily influences the world
This is an original video produced by the YouTube channel HighImpactFlix The Federal Reserve is one of the most important institutions in the United States. Through the management of currency and interest rates, the FED “attempts to keep banks secure.”
Since 1913 the Federal Reserve has conducted business that is constitutionally assigned to Congress. That’s a LOT of responsibility. Why does the FED have it?
Article 1 section 8 of the constitution says the congress has the power to coin money. The FED admits they they are not “federal” – they aren’t a government agency. They are a private bank…a business. Many of the founders, history records, condemned centralized banking.
Critics say that having bankers write financial laws is a conflict of interest. Today the FED calls itself a “decentralized banking system,” composed of 12 banks serving a different part of the US. These 12 are composed of other member banks.
The FED is unique in the legal world. It isn’t owned by the U.S. and its leaders aren’t elected by U.S. citizens.
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