A private bank with locations all around the United States, its objective since its founding has been the avenue through which the Rothschilds may print money at the rate they see fit, to drive up inflation. According to the United States Constitution, Congress is the central authority on printing banks notes to represent the amount of bullion we have in our reserves. Clearly this process does not happen.
HISTORY OF THE FEDERAL RESERVE
Many attempts were made by European bankers, under orders from the Rothschilds, to make a private central bank that United States citizens had to borrow from. Two American Presidents were assassinated in the span of twenty years for opposing a central bank; James Garfield in 1881, and William McKinley in 1901.
In 1910, seven of the wealthiest men in the world met on a small island off the coast of Georgia called Jekyll Island. At the time, it was home to the most expensive and exclusive "club" in the world. Non-members were not allowed to attend, this included President McKinley. The seven men who met at Jekyll Island are as follows:
- Nelson W. Aldrich - Father-in-law to John D. Rockafeller, Jr.
- A. Piat Andrew - Assistant Secretary of the Treasury
- Henry P. Davison, Sr. - Partner in JP Morgan Company
- Charles D. Norton - President, First National Bank of New York
- Benjamin Strong - Head of JP Morgan's Bankers Trust; later head of the Federal Reserve
- Frank A. Vanderlip - President, National City Bank of New York, representing William Rockafeller
- Paul M. Warburg - Partner in Kuhn, Loeb & Company, representing the Rothschilds and Warburgs in Europe
Together, they drafted the Federal Reserve Act. Congress passed it, unread, during Christmas recess 1913. President Woodrow Wilson signed it in to law immediatly.
NEW CENTRAL BANK
Since its creation in 1913, the Federal Reserve has illegally printed American money and loaned it to the government at interest. This is why Federal Income Tax was created in the same year of 1913; for Americans to pay off the interest of the money we were unknowingly borrowing. It was the perfect plan for the Rothschild family as they and their interests were making amazing amounts of profits. America began to go into debt.
The owners of the banks that made up the Federal Reserve were actually twelve different banking cartels. It was these groups which manufactured the Stock Market Crash of 1929. This was done to create the need for the Emergency Banking Act of 1933. After this bill passed, not only could you no longer trade in your notes for gold, but it became illegal to do so. Making a cash for gold trade-in was punishable by 10 years in prison. Internationally, you could still trade your notes for gold, however.