The most powerful institution in the world today, controlled by Jewish bankers or Zionist's to be more exact.
It was founded in 1913, 6 years after several bankers and financial players had a secret meeting at Jekel Island.
A private bank, nothing federal about it as the name suggests, the main functions of this monster is to print money and loan it in exchange for government bonds. Once the transaction is complete, the government deposits this money in a bank account, officially adding new amount to the money supply.
Of course, only 3 of US currency exists as paper money, the other 97% is digital.
So in other words, the federal reserve create money out of thin air and lend it to the government who gives bonds to the federal reserve equaling the amount that is borrowed, bonds represent debt obligations. Therefore, the money borrowed is debt that needs to be repaid.
However, there is one more element that I've not mentioned and that is interest.
The money in circulation will always be equal to the money indebted, since all money is debt you're basically already screwed right there but with interest the debt owed will far exceed the amount of money in existence and the only way you can get more money than the money in circulation to rival the interest is by having the fed create more money to add to the money supply which only serves to increase the debt owed.
What do you guys think?
It was founded in 1913, 6 years after several bankers and financial players had a secret meeting at Jekel Island.
A private bank, nothing federal about it as the name suggests, the main functions of this monster is to print money and loan it in exchange for government bonds. Once the transaction is complete, the government deposits this money in a bank account, officially adding new amount to the money supply.
Of course, only 3 of US currency exists as paper money, the other 97% is digital.
So in other words, the federal reserve create money out of thin air and lend it to the government who gives bonds to the federal reserve equaling the amount that is borrowed, bonds represent debt obligations. Therefore, the money borrowed is debt that needs to be repaid.
However, there is one more element that I've not mentioned and that is interest.
The money in circulation will always be equal to the money indebted, since all money is debt you're basically already screwed right there but with interest the debt owed will far exceed the amount of money in existence and the only way you can get more money than the money in circulation to rival the interest is by having the fed create more money to add to the money supply which only serves to increase the debt owed.
What do you guys think?