The Phaserl


100 Years of the Federal Reserve

from Ben Swann:

100 years ago, this December, the United States Congress created a central bank today, we know it as the Federal Reserve Bank of the United States. What most people don’t know is that the bank isn’t a federal entity and candidly, it really has nothing in reserves. Is the Federal Reserve good for the United States? Is it even possible to get rid of it?

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1 comment to 100 Years of the Federal Reserve

  • jonathan

    Love Ben Swann he presents the facts well. Nobody ever talks about whether the FED is constitutional in regards to the opening lne of the Declaration of Independence “We hold these truths to be self evident that all men are created equally…” The fact that they have the right to print money and no one else does is contrary to the principle that all Americans have equal rights.

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