The Phaserl


What Is the Federal Reserve – And Why is it Private?

by Zen Gardner,

Amazingly enough, most people don’t know that the Federal Reserve Bank is a private institution. It’s so private that despite its profound influence and power, no one is allowed to know who the board of directors are or any of its inner workings. Yet they control not just the production and flow of money in America, but the economic mechanisms that drive the US economy and thus much of the rest of the world.

If the American people truly understood how the Federal Reserve system works and what it has done to us, they would be screaming for it to be abolished immediately. It is a system that was designed by international bankers for the benefit of international bankers, and it is systematically impoverishing the American people. The Federal Reserve system is the primary reason why our currency has declined in value by well over 95 percent and our national debt has gotten more than 5000 times larger over the past 100 years. The Fed creates our “booms” and our “busts”, and they have done an absolutely miserable job of managing our economy.

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3 comments to What Is the Federal Reserve – And Why is it Private?

  • CalSailX

    Easy question…(A)… If in 1913 the American people had known of the crime, they would have hung every last one involved for treason.

  • CalSailX

    If in those days if the press had done their job… the slim balls would have been dangling like apples. Hell my great-granddad would have shot them full of .45-65 just to make sure they didn’t come back to suck blood from us all.

    I’d have blessed him for that… just wish the old bastard would have cleaned his rifle every now and again! That old Winchester will still put every round into a pie plate at 100yds…now how that happens I don’t have a clue looking at it’s bore.

    Still not to bad for a 130yr plus rifle… most ugly ill balanced weapon I’ve ever had to handle. Still pokes a ugly hole with a 300gr slug that tumbles on impact.

  • truthseeker

    here is the homework your dog ate. NY fed board of directors:

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