Tag Archives: Federal Reserve Act

THE FED HAS FAILED: 100 YEARS OF THE FEDERAL RESERVE

The Federal Reserve Act was passed on December 23, 1913.  It was supposed to prevent bank panics, like the Panic of 1907.  It was supposed to keep inflation and unemployment down.  It was supposed to stabilize the system.  That’s how … Continue reading

Posted in Asset Bubble, class war, Debt Slavery, Federal Reserve, fiat currency, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, ZIRP | Tagged , , , | Leave a comment