The Federal Reserve Act of 1913 shifted the responsibility of managing the national currency of the USA over to a private organization. An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a supposed effective supervision of banking in the United States, and for other purposes.
We are 104 years into a system that has proven to be good for banks but bad for the people. In your opinion how long will this current model of central banking work and what will happen when these menaces succeed in bankrupting our nation?
Curious mind want to know? Share your thoughts below….
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