Banking Money and the Federal Reserve
Banking Money and the Federal Reserve
Banks in common misconception is a store of money. Not true. It is an ”institution” that creates money by lending you, the borrower money.
Money is a common denomination that everyone commonly wants as a store of exchange. Unfortunately, when that money is guaranteed or created by an unreliable source, it is worth nothing.
The Federal Reserve or Central Bank is supposed to be the banker to the country or sometimes to the rest of the world because it is very simply, supposedly the most trustworthy. But today, these Reserve Banks have become a very dangerous and apparently controlling entity of our economies world wide…
Imagine, you need another billion? No problem here take a hundred billion. Then America is breaking all records with Trillions of dollars being created out of thin air being printed in 2009 alone…
Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.
Watch this video. It’s a movie. Get a cup of coffee and a cookie. You won’t fall asleep. In fact, you may lose your sleep for the rest of the week.
