Introduction to the Federal Reserve

Central Banking: The Federal Reserve (An Intro)

"The Central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their property until their children will wake up homeless on the continent their Fathers conquered."
          - Thomas Jefferson

"I believe that banking institutions are more dangerous to our liberties than standing armies."

          - Thomas Jefferson                            

                 

After signing the Federal Reserve Act of 1913, President Woodrow Wilson said this..

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

And a man very familiar with credit and the banking system, the founder of Ford Motor Company, Henry Ford said, "it is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."


Below, listen to G. Edward Griffin, author of The Creature from Jekyll Island, explain the Federal Reserve system, how it works, and how a small group of private banks dictate global economic policy.

For additional information about the Federal Reserve, continue to follow this blog or I have provided a few links below..

Tom Woods Show: The Truth About the Federal Reserve: A New Strategy for Conveying It

The Fed at 100: A Critical View of the Federal Reserve