Post
Topic
Board Economics
Topic OP
Happy Birthday, Fed
by
BlackHatCoiner
on 25/11/2024, 16:55:17 UTC
Yesterday marked the 114th anniversary of the Federal Reserve. On November 24, 1910, a group of elite politicians and bankers convened in secret at Jekyll Island, Georgia, outlining a central bank system that could successfully get passed through Congress, giving birth to this formidable creature. Since its creation, it has devalued the US dollar by 97%, or as I like to call, it has impoverished generations by 97%.

It would take a century of draining wealth to create an unstoppable form of money capable of shielding the public from the grasp of this oppressive cartel. We should be grateful to live in such fortunate times.