Your Federal Reserve Need to Know List

  • Posted February 14, 2012

Over at The Economic Collapse, they had a great post about the Federal Reserve.

In it, they listed ’10 Things Every American Should Know About the Federal Reserve.’ Some of it we covered in our own FEDERAL RESERVE section, but this is still worth the read…

Each point is expanded upon in the post. Below is the summary… click HERE for the whole story.

 

  1. The Federal Reserve System Is A Privately Owned Banking Cartel
  2. The Federal Reserve System Is A Perpetual Debt Machine
  3. The Federal Reserve Has Destroyed More Than 96% Of The Value Of The U.S. Dollar
  4. The Federal Reserve Can Bail Out Whoever It Wants To With No Accountability
  5. The Federal Reserve Is Paying Banks Not To Lend Money
  6. The Federal Reserve Creates Artificial Economic Bubbles That Are Extremely Damaging
  7. The Federal Reserve System Is Dominated By The Big Wall Street Banks
  8. It Is Not An Accident That We Saw The Personal Income Tax And The Federal Reserve System Both Come Into Existence In 1913
  9. The Current Federal Reserve Chairman, Ben Bernanke, Has A Nightmarish Track Record Of Incompetence
  10. The Federal Reserve Has Become Way Too Powerful