Scary! How much money do they make from their ownership of the Fed? Trillions? Do they vote to change our Fed Funds rate?
What they basically do is print more money, making the value of it drop so they can charge us more interest on the debt they inflate by dropping the value of the dollar.
So..as of now our national debt is at about 9 trillion and they charge us interest on that 9 trillion. Making our money less valuable inflates that debt making it even harder for US and I mean you and I, and every citizen of this country to pay off.
Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof, NOT A BUNCH OF INTERNATIONAL BANKERS! Today the FED controls and profits by printing WORTHLESS PAPER, called money, through the Treasury, regulating its value, AND THE BIGGEST OUTRAGE OF ALL, COLLECTING INTEREST ON IT! (THE SO-CALLED NATIONAL DEBT). The FED began with approximately 300 people or banks that became owners, stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money through the Treasury at no interest to the FED.
The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud.
I leave it up to you to research the rest.
In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Act through Congress just before Christmas when much of Congress was on vacation. When elected, Wilson passed the FED. Later, Wilson remorsefully replied, referring to the FED, “I have unwittingly ruined my country”. Now the banks financially back sympathetic candidates. Not surprisingly, most of these candidates are elected.
To this day. the Fed has yet to be auditted. Congress is to cowardly and the aint a sleazy lawyer in the world that has the guts to take them on for us. All it would take is a case in front of the US Supreme Court.
Wont happen.