
News Link • Central Banks/Banking
21 Quotes About Central Banking That Show Why The Federal Reserve Must Be Shut Down
• https://theeconomiccollapseblog.com, By MichaelThe Federal Reserve and other central banks around the globe were created with a purpose. The goal was to get humanity into as much debt as possible, and those holding that debt just keep getting wealthier and wealthier. Unfortunately, we have been trained to not even question this deeply insidious arrangement.
Over the past several decades, our money supply has been growing at a pace that we have never seen before.
And once the pandemic hit, the growth of the money supply went into overdrive.
This is why the cost of living is so oppressive today.
There is simply way too much money floating around.
Over the past several decades, our national debt has also been growing at an exponential rate.
The system is designed to produce debt faster than it produces money.
That is why it will never be possible for us to pay off the national debt.
Sadly, most Americans don't even understand what the Federal Reserve is.
One thing that the Federal Reserve is NOT is a government agency. In fact, it is about as "federal" as Federal Express. It is a private central bank designed to make money for the people who created it. In fact, the Federal Reserve was the culmination of an effort by the international banking elite to force a permanent private central bank on the American people that began all the way back during the days of our Founding Fathers.
But don't just take my word for it. The following are 21 quotes about central banking from past presidents, congressmen and other notable historical figures…
#1 John Adams, the second president of the United States: "All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation."