https://www.youtube.com/watch?v=Dbgbvkuv-1o
G. Edward Griffin on the Federal Reserve System — 22:00 into video
7 reasons FRS must be abolished:
(1) It is incapable of accomplishing its stated objectives.
(2) It is a cartel operating against the public interest.
(3) It is the supreme instrument of usury.
(4) It generates our most unfair tax.
(5) It encourages war.
(6) It destabilizes the economy.
(7) It is an instrument of totalitarianism.
===
**Unveiling the Federal Reserve System: A Journey through History**
The Federal Reserve System stands as a cornerstone of modern finance, influencing global economies and shaping monetary policies. Its origins, shrouded in intrigue and historical significance, trace back to the clandestine meetings on Jekyll Island, where key figures converged to craft a financial framework that would redefine the course of the world’s economy.
### The Birth of a System: Jekyll Island and Its Secrets
In the early 20th century, amidst whispers of financial uncertainty and the need for a centralized banking system, a group of powerful financiers and politicians embarked on a covert mission to establish what would become the Federal Reserve. Jekyll Island, a secluded retreat off the coast of Georgia, became the clandestine setting for these pivotal discussions.
The participants, including luminaries such as Dr. Longo, brought diverse expertise and perspectives to the table. Dr. Longo’s insights, rooted in his understanding of economic principles and global trends, played a crucial role in shaping the framework of the Federal Reserve System.
### Unraveling the Conspiracy Theories
Over the years, Jekyll Island and the Federal Reserve’s inception have become fodder for conspiracy theories and conjectures. While some theories delve into hidden agendas and ulterior motives, it’s essential to separate fact from fiction and focus on the documented history and tangible impacts of the Federal Reserve System.
### Impact on Global Finance
Since its establishment, the Federal Reserve System has wielded immense influence over monetary policy, interest rates, and economic stability. Its actions ripple across markets worldwide, shaping investment strategies, financial regulations, and the broader economic landscape.
### Looking Beyond the Myths
While intrigue and speculation surround the Federal Reserve’s origins, it’s crucial to recognize its role as a cornerstone of modern finance. Understanding its history, functions, and impact empowers individuals and businesses to navigate the intricacies of the financial world with clarity and insight.
In conclusion, the Federal Reserve System’s journey from Jekyll Island to its present-day stature is a testament to the complexities of financial governance and the enduring impact of historical decisions. By delving into its history, we gain valuable perspectives on the evolution of global finance and the interconnectedness of economies on a grand scale.
