History of the Federal Reserve: An American Coup
• JBSThe debate over central banking was waged throughout the history of our republic
but it wasn’t until the coup of 1913 that we were cursed with the
Federal Reserve (the Fed), which continues to harm us down to present
day through its inflationary policies.
Contrary to what Patrick Krey thinks about the Fed as an “American Coup”, the
history of Federal Reserve leads us down the trail of the nation’s rise to wealth and power, making the United States of America the greatest and the mightiest on the planet.
The creation of the Fed in 1913 is an American coup againsteconomic depressions, financial panics, and the Bank Panic of 1907.
We hear a lot of this bucket-kicking demonstrations on scripted videos produced by haters of banks and bankers. This written article is just one of those extracts from You-Tube campaigns launched against the Fed. There are several of these videos running in the Internet, and you notice that the attack languages used are similar because these are no doubt scripted from a clandestine source that wears a mask [see those masks in the published editorialsFed I & Fed II].
Bankers profit from money. Money is a commodity. Banks make a business out of it. It is no different from a vegetable vendor who makes a business out of carrots, and sells more carrots, and creates more money out of profits every time a sale is made.
Fair? In the meantime, I prescribe this pill of knowledge to cure this severe anxiety that a lot of us suffer … know theRole Of Fed In The Economy.
Krey’s Fed article that FP.com editor Powell Gamill has this admirable sense of presenting to elevate the debate to a collegial level is different from the reaction of very angry critics who rudely responded to Sumcad’s expose’. With emotions afire, and unable to debate because of failure to rise above this corked passion for name-calling, it is understandable that those over-acting critics just sunk their teeth on the person of the author. There is nothing intellectual or educational there. It is just an empty mouthing of pure rage. #