The Federal Reserve is Neither Federal Nor a Reserve
The private criminal banking cartel has a GENIUS new plan for us next
(Don’t miss the punchline ending)
"The Federal Reserve is neither truly federal, nor a full reserve. It is not owned or directly controlled by the United States government. The fact that the words 'United States Federal Reserve System' are printed on every U.S. bank note thus raises serious questions."
How much do you know about the banking system and who issues the money you carry in your pocket? Considering the vital role money plays both in our individual lives and in the world, our educational system teaches us amazingly little about how money is created, how banks operate, and what causes the huge banking scandals and bankruptcies that have occurred.
After reading the information below, you will understand why this information is kept quiet and why it is important to reveal these major banking and financial cover-ups. The world's wealthiest bankers guard their secrets very closely.
The Federal Reserve: Neither Truly Federal Nor a Full Reserve:
Do you know who issues the money in your wallet or purse? For readers located in the U.S., take a look at the top of any U.S. bills and you will find "Federal Reserve Note" printed along the top. In a small black circle on the left side of these notes, you will also see the words "Federal Reserve." It is the Federal Reserve which issues all bank notes in the United States. To see just how much control the Federal Reserve has over the issuance of U.S. currency, see their webpage at this link. Yet who owns the Federal Reserve?
Though the Board of Governors of the Federal Reserve is categorized as an independent government agency, "The Fed" is not owned by the government. The Supreme Court stated that "instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. They are private corporations in which the government has an interest." You can verify this by reading the court case at this link (case 406 F.3d 532) and going to Part II, paragraph 9. This case further states that "each Federal Reserve Bank is owned by the commercial banks within its district."
It's quite revealing that though the official website of the Federal Reserve contains a detailed description of the Federal Reserve that is over 20 pages in length, ownership of the Federal Reserve Banks is never even mentioned. Wow, imagine that? Could it be that this information is conveniently withheld to keep the public from understanding who owns the banks which issue all U.S. dollars?
"The Federal Reserve is a hybrid organization. It's a partnership between the Federal Government and the private banks. When you look at it deeper than that, its essence is neither as a government agency nor a private company. In reality, it is a cartel." - G. Edward Griffin
Though Federal Reserve Board members are appointed by the U.S. President and confirmed by the Senate, the Federal Reserve is a privately owned institution controlled mainly by large private banks. Once board members are appointed, the U.S. government has no control over their decisions other than the president's ability to remove a board member.
Yet a study of the history and functions of the Federal Reserve reveals that powerful bankers such as J.P. Morgan have had inordinate power and control over the formation and management of the monetary policy of the United States through their power over the Fed. Congress has virtually no influence over this incredibly powerful institution. Wow, sounds like a great plan.
Neither does the Fed have reserves to back all of the credit it issues. None of the money in circulation is backed by anything of real value such as gold or silver. The backing of U.S. currency by a gold standard was removed under President Nixon in 1971. In fact, the Fed, like all banks, at any one time has only 3 to 10% of all credit issued held in reserve as bank notes. So the Federal Reserve is neither truly federal, nor a full reserve. It is not owned or directly controlled by the United States government. The fact that the words "United States Federal Reserve System" are printed on every U.S. bank note thus raises serious questions.
The foundation for the Federal Reserve system was crafted in the utmost secrecy in 1910 at the Jekyll Island resort by several powerful men with very close ties to the Rockefellers, the J.P. Morgan family, and the Rothschilds — a few of the richest and most powerful families in the world at that time. A version of the legislation crafted eventually passed in 1913 over the objections of many who feared that turning over control of the nation's money supply to a consortium of private bankers would inevitably only produce more riches for the ultra rich at the expense of the general public. Gee, it seems no one saw that coming…
Virtually everyone agrees that the Fed is highly secretive. Wikipedia lists other criticisms of the Federal Reserve in the below three paragraphs:
"A large and varied group of criticisms have been directed against the Federal Reserve System. One group of criticisms, typified by the Austrian School, criticize the Federal Reserve as an unnecessary and counterproductive interference in the economy. Other critiques include arguments in favor of the gold standard and criticisms of an alleged lack of accountability or culture of secrecy within the Reserve. Finally, a group of conspiracy theories make various charges against the Federal Reserve, generally claiming the Federal Reserve System is actually a scheme to enrich a few wealthy bankers at the expense of the public. Gee, you think?
"Economists of the Austrian School such as Ludwig von Mises contend that the Federal Reserve's artificial manipulation of the money supply leads to the boom/bust business cycle that has occurred over the last century. Many economic libertarians ... believe that the Federal Reserve's manipulation of the money supply to stop 'gold flight' from England caused, or was instrumental in causing, the Great Depression.
"Nobel Economist Milton Friedman said he 'prefer[s] to abolish the federal reserve system altogether.'. Ben Bernanke, [former] Chairman of the Board of Governors of Federal Reserve, stated: 'I would like to say to Milton [Friedman] and Anna [J. Schwartz]: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.' [1] [2]"
The Fractional Reserve System: Creating Money Out of Thin Air:
Another aspect of banking about which most people know little to nothing is the fractional reserve system. Fractional-reserve banking refers to the standard banking practice of issuing more money than the bank holds as reserves. Banks in modern economies typically lend their customers many times the sum of the cash reserves that they hold. Did you know that for every dollar in your checking or savings account, the bank can legally lend out $10 or more?
"When the ancients began to use gold in making transactions, it became apparent that it was both unsafe and inconvenient for consumers and merchants to carry gold and have it weighed and assessed for purity every time a transaction was negotiated. It therefore became commonplace to deposit one's gold with goldsmiths whose vaults or strongrooms could be used for a fee. Upon receiving a gold deposit, the goldsmith issued a receipt to the depositor. Soon goods were traded for the goldsmiths' receipts and the receipts became the first kind of paper money.
"At this point the goldsmiths – embryonic bankers – used a 100% reserve system; their circulating paper money receipts were fully backed by gold. But, given the public's acceptance of the goldsmiths' receipts as paper money, the goldsmiths became aware that the gold they stored was rarely redeemed. Then some adroit banker hit on the idea that paper money could be issued in excess of the amount of gold held. Goldsmiths [then began to issue] additional 'receipts' ... into circulation by making interest-earning loans in the form of gold receipts. This was the beginning of the fractional reserve system of banking."
The college text from which the above quote is taken does not question the propriety of goldsmiths creating these new "receipts" or money without any gold backing, without any authority, and indeed without any real reason to do so other than to enrich themselves. In fact, the text even praises the questionable behavior of the one who began this hidden form of corruption as "adroit."
The unsuspecting public had no idea that goldsmiths were issuing paper receipts accepted as money which were backed by no gold deposits at all for ten times or more the amount of gold that had been entrusted to them. The goldsmiths were secretly creating money out of thin air. They thus made themselves fantastically wealthy without anyone noticing what was going on. To better hide this deceit and divert people's attention, the goldsmiths stopped their old practice of charging for storing gold and instead began to pay customers a small interest on their gold deposits to keep them happy. Thus it was that modern day bankers were born. Enter the era of boom and bust cycles.
Amazingly, the system has changed little today. Macroeconomics professors, college texts, and all involved with banking almost never question the ethics or morality of this fractional reserve system. No one even questions in any meaningful way the ethics and corruption involved in creating money out of thin air. In fact, the fractional reserve system was formalized into law centuries ago and continues to be both legal and the accepted common practice around the world today.
Have you ever wondered how banks afford those massive buildings downtown if they charge only 10% or so on loans and pay 5% or less interest on deposits? If bankers were not allowed to create money out of thin air, they would be making only a few percent a year on every loan issued, far from enough to build the towering skyscrapers owned by banks in practically every major city. But by creating credit (money) using the fractional reserve system, bankers can legally claim credit to 10 times or more the amount of any loan. Now you can understand the corrupt foundation upon which global banking empires are built.
As this sort of system has been used for so long in just about every country, it has seemed to most to work and maintain a relatively stable economic order. We’ve all accepted it as normal. Perhaps it is also the length and varied nature of the resulting boom and bust cycles, coupled with individual and generational experiences, which has made it challenging for us to recognize the broader resulting and repeating economic patterns within the span of a lifetime. At the same time however, suppressing all of this key information has clearly been hiding this massive deception that does not serve the public and has only served to allow this bloodline banking cabal to become insanely powerful and corrupt…
…and the best part of it all? The NOT so funny punchline?
It appears we are rapidly approaching their next big manufactured financial system blowout. It has become quite evident, that they are working to spring their next-generation financial system trap on all of us, as evidenced by Trump’s not so genius, GENIUS Act of 2025.
Well stated by Greg Mannarino: “While the we slept, THEY moved. They pushed through corporate-run stablecoin legislation… handing control of your money, your future, your freedom to Wall Street, the Fed, and Babylon's digital cage. This is not a CBDC… it’s WORSE. A Fed-sanctioned token system issued by mega-corporations surveilled, controlled, and tracked from the shadows. WITH NO OVERSIGHT! At least with a CBDC there would be Congressional Oversight! But with this privatized token currency/stablecoin… THERE IS NOTHING. We were not even asked if this is what WE the People want!!”
“What is a stablecoin? A stablecoin is a digital token that’s designed to mimic the value of a real-world currency, like the US dollar. It’s meant to be “stable.” but… It’s not real money. It’s not cash. It’s a digital I.O.U. issued by private corporations or banks, and now overseen by the Fed. (In this case after the House passed legislation last night while you were asleep and or otherwise distracted). It can be frozen, tracked, controlled, or even erased with a keystroke. It’s not freedom, it’s programmable compliance/digital slavery.”
Folks, this is nothing short of a move towards a new government approved, Fed-regulated, private digital currency system. Fractional reserve 2.0 on steroids. It appears that out of the coming ashes (problem-reaction-solution), we will be handed their next masterpiece. A whole new digital slavery system — a system that is far, far worse than the one we currently find ourselves unable to extricate from. Please take the time to review (and follow) the two stacks linked below, for additional clarity:
Stablecoins...THIS IS A CON INSIDE OF A CON INSIDE A CON.
While You Were Distracted: Trump’s GENIUS Act CBDC Will Allow Government to Punish Vaccine Mandate Refusers by Freezing Bank Accounts
The implications to our freedoms and futures are profound. MAGA? You sure??
DO NOT COMPLY!
I knew Epstein was a distraction. I kept saying to myself there is something going on in DC they don't want us tracking. I believe this is it!