The Federal Reserve, created by Congress in 1913, controls the money supply. It is America’s central bank (which isn’t a capitalist idea—it’s literally a plank of the Communist Manifesto. Seriously. Not cool-or free market-at all
The Fed creates new money out of thin air (inflation) to bailout..themselves and the government—none for you though, serf! More cash chasing the same amount of goods means your money loses purchasing power—so prices go up, but your income doesn’t! This hidden tax hurts the poor most.
The Fed has printed so much money since its creation in 1913 that the dollar has lost over 95% of its value, and is no longer backed by gold or silver as the U.S. Constitution demands. They wrote a law in 1792 called the Coinage Act which said whoever shall devalue the dollar shall suffer the penalty of death! That sounds extreme, but counterfeiting is bad and the banksters should feel bad! And maybe kill themselves—but put us in their will first.
So what can you do about it?
Start by learning more--
The Rich Get Richer Explained:
Gas Prices Are Higher Because of the Fed:
Tom Woods Answering the Same Old Arguments Against Sound Money: