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IPFS News Link • Federal Reserve

Is the Federal Reserve a British Institution?

• https://badlands.substack.com by American Hypnotis

Introduction

Americans today are drowning in unpayable debt and inflation, and yet we have no idea how or why this has happened. Mainstream academia generally refuses to entertain the idea that these conditions were deliberately created (likely by foreign powers, no less), but a thorough review of the situation warrants such a conclusion. You can neither protest nor positively change that which you can't accurately describe.

With this in mind, let us come to understand how our money system works—and especially how the Federal Reserve fits into the picture.

For most Americans, the Federal Reserve is the "part of the government" that issues money. To a sizable minority of Americans, the Federal Reserve is known to be an imposter institution, masquerading as a legitimate federal bank when, in reality, it's a private institution endowed with a monopoly on the creation of United States currency.

The latter group is correct: the Federal Reserve is essentially a glorified private credit issuer that creates credit out of thin air, and issues said credit as a loan to the world with interest. But there is much more to this story that begs to be discovered.


www.universityofreason.com/a/29887/KWADzukm