The Fed is not a federal agency !
- It is a banking cartel whose members are the biggest banks in the world who we repeatedly fine for money laundering and fraud and bailouts with our tax money.
- It decides how much money to print and how much we pay for our money. It steals our money at a rate of say 2% – and tells us, how much our money loses its value. Basically how fast we must run without going backwards. This is beside the Local, State and federal taxes we pay.!
- When we make investments in our businesses or the stock and bond markets go bad – we lose money. Not if we are a Bank, the federal reserve saves them with our taxes when their investments bets go bad. They are a central committee of private individuals who are unelected and control our economy.
- They pay us 1% for our money saved and The Federal reserve allows Banks to charge us 20% on our credit cards.