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THE FEDERAL RESERVE: THE BIGGEST CON IN U.S. HISTORY
7 powerful bankers meet in total secrecy to design America’s “central bank”, though they know better than to call it that.The 1907 panic had wiped out banks, fortunes, and trust in the financial system. Their solution? Take control of the money supply itself. Engineer booms, trigger busts, and profit both ways. The plan was simple yet diabolical: create money from nothing, loan it to the government, and collect interest. Legal counterfeiting in broad daylight.The Federal Reserve: not federal, no reserves, but for over a century, the public believed it was their guardian.They knew what they were doing. The Austrian economists and Cantillon, who opposed this notion, knew it.And yet, a hundred years later, the average person still doesn’t.Source: OpportunityCost, Essai sur la Nature du Commerce en Général, Human Action
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