The Federal Reserve is the result of a meeting which took place in November 1910 at Jekyl Island Hunt Club, Jekyl Island, Georgia. This island was owned by J.P. Morgan and Associates.
Nelson W. Aldrich, Republican Whip of the Senate. He was the chairman of the National Monetary Commission also a business associate of J.P. Morgan, father-in-law to John D. Rockefeller, Jr.
Abraham Pitt Andrew who at the time was Assistant Secretary to the United States Treasury.
Frank A. Vanderlip, president of the National City Bank of New York known as the most powerful of the banks at that time. He was representing William Rockefeller and the international investment banking house of Kuhn, Loeb, and Company which in 1977 merged with Lehman Brothers Inc.
Henry P. Davison who was the senior partner of the J.P. Morgan Company.
Charles D. Norton the president of J.P. Morgan’s First National Bank of New York at the time.
Benjamin Strong who was the head of J.P. Morgan’s Bankers Trust Company.
Paul M. Warburg, a partner in Kuhn, Loeb & Company. He was a representative of the Rothschild banking dynasty in England and France, and brother to Max Warburg who was head of the Warburg banking consortium in Germany and the Netherlands.
These men arrived on the island in November of 1910 courtesy. They used Aldrich’s private railway car. Every effort was made to conceal their identities and the nature of their business. News finally leak in 1916 when a young financial reporter for Leslie’s Weekly, B.C. Forbes (founded Forbes Magazine) wrote a story about the meeting.
Stop the growing influence of small rival banks. To ensure control over the nation’s financial resources remain in the hands of those present.
Make the money supply more available in order to reverse the trend of private capital formation. To recapture the industrial loan market.
Pool the meager reserves of the nation’s banks into one large reserve. This would motivate all banks to follow the same loan-to-deposit ratios. This would offer protection to at least some of them from currency drains and bank runs.
Should this cartelization approach lead ultimately to collapse of the whole banking system, the losses would be shifted from the owners of the banks to the taxpayers.
To control all the money in America.
To eventually debase the currency and siphon money out of the system.
The Federal Reserve Act…
Paul Warburg was the creator of the bill. This bill was passed by Congress and signed by Woodrow Wilson. It was entitled the Federal Reserve Act of 1913.
The Federal Reserve was incorporated in 1914 and is responsible for creating a completely unnecessary national debt ever since. The Federal Reserve creates money as debt. They create money out of thin air by nothing more than a book entry/computer keystroke. Whenever the members of the Fed make any loans, that debt money is our money supply.
Under the Federal Reserve Bank Act, the bankers control our economy. The FED controls interest rates and the amount of money in the economy. These factors determine either economic prosperity or the lack thereof.
The theory sold, the Federal Reserve could control the economy from erratic swings by controlling the flow of money and interest rates.
The adoption of the Federal Reserve Act is deemed unconstitutional on the basis of, prohibition of bills of credit such as paper notes.
When looking at a dollar bill you will notice. “FEDERAL RESERVE NOTE.” A note by definition is an instrument of debt. In reality, Federal Reserve Notes are nothing but IOUs backed by nothing except debt.
Is the Federal Reserve Federal?
The Federal Reserve is no more Federal than Federal Express. The Federal Reserve is a private entity which was incorporated. All the controlling shares were sold to, Morgan, Rockefeller, Rothschild and others of the same caliber.
The Federal Reserve to this day has never been audited! Their books have never been shown to the public! Yet this private entity is allowed to control the creation and flow of money without question. This is shear negligence and stupidity for people to allow a group of International Bankers to control the destiny of this Country!
The Federal Reserve prints money which cost pennies. Loans the money to the Government. The Taxpayers pay the debt. The tax revenue raised is used to repay the debt to the Federal Reserve. The Federal Reserve funnels the money to places which would boggle the mind!
The more money printed and loaned to the Government, the more the taxpayers have to pay back. The more money printed, the less your dollar is worth! Which ushers in inflation as we are now seeing. This increased revenue is all siphoned off by the Federal Reserve.
The “Too big to fail banks” are protected by the Government and the Federal Reserve. These giant banks are responsible for the financial mess this country is in now! Due to their insatiable appetite for speculation, their combined debt is to a tune of a half Quadrillion dollars. Yes, you read half a quadrillion dollars. You never here about these numbers!
These worthless banks are allowed to borrow from the Federal Reserve at 1% to 2% and loan the money out at 6-30%! Where is the outrage? The International Cartel of Bankers loves this scam.
How much Wealth is really needed?
These International Bankers have more wealth than can be spent! Their true motive is to control countries, Governments, politicians, media. To influence cultures and control the narrative as they see fit.
People by nature have a herd mentality. They look for a leader and follow. Often without question or understanding the repercussions of their actions. All these puppet masters have to due is, influence the top leaders with their wealth and power and the masses will follow without question and believe what they are told! It is truly reprehensible and criminal to say the least!
The bankers have long realized, to enslave the masses, you saddle them with debt. The easier the credit, the greater the debt which leads to enslavement and ultimate control!
“Allow me to control the issue and the nation’s money and I care not who makes its laws!” This quote has long been attributed to the 18th century banker Amshell Rothschild (his blood line controls the FED).
It must be realized that whoever controls the volume of money in any country is absolutely master of all industry commerce.
While all this destruction is occurring, money diverted by the mechanism of currency debasement is constantly being transferred to the British Crown in the City of London.
The Federal Reserve will always debase the currency to take its cut, and guarantee that the government has a tax base available to feed its bureaucratic family. The government is a total slave of the Federal Reserve.
The Seekers Of Truth
Some Great Videos For Further Enlightenment!