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News Link • Federal Reserve

The FED Effect with Bill Still

• Next News Network
Monetary policy affects the lives of everyone, and most people are unaware of how their nations make financial decisions. The Federal Reserve was formed in 1913. This private group of bankers publicly states that they stabilize economic shifts. Critics say the organization has too much power. There has never been a full, independent accounting of the group, despite the fact they handle trillions of dollars every year. In 2008, the political world was shocked when Ron Paul, a U.S. Representative from Texas, ignited political interest in young people with his statements against the organization. Soon, millions of people, some of them teenagers, took to the streets, carrying signs reading "End the Fed."

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