Truemors
What is recession?
What is the Federal Reserve?
“Recession! Recession!” cries the Fed. “Uh-oh, we may be heading into a ‘Recession’.”
What most people do not realize is that the Federal Reserve is not a government agency. It is privately owned and run and profited from.
The Fed controls the creation of money. Supposedly it is governed by a government-appointed board, politically-appointed...
Recession is created when the Federal Reserve withdraws money and credit from circulation.
Inflation is just the opposite. Inflation is created when the Fed creates more money and credit. which makes everyone’s dollars worth less. But the ones who profit from either are the ones who get the new money and credit first, or have foreknowledge of the coming withdrawal.
The effect on the value of money does not show up for a year or two. Trickledown effect.
Federal Reserve on Wikipedia: http://en.wikipedia.org/wiki/Federal_Reserve_System
Money Creation on Wikipedia: http://en.wikipedia.org/wiki/Money_creation
The bill creating the Federal Reserve was formulated by a group of extremely powerful internationally-connected bankers on an Island called Jekyll in 1910. Although the bill they offered, the ‘Aldrich Bill’ was defeated, the one that was eventually adopted in 1913 was essentialy the same.
Charles A. Lindbergh, Senator, father of ‘Lindy’ whose son was later kidnapped and killed, on the Fed :
"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market; then when ... business men are adjusted to these conditions, it can check ... prosperity in mid career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance." (Wikipedia)(http://en.wikipedia.org/...arles_August_Lindbergh)
The Study published by Senator Lindberg in 1915 on The Money Trust (now available online at: http://www.yamaguchy.netfirms.com/7897401/lindbergh/lindb_index.html ) is so relevant that it might have been written now. An intelligent, perceptive analysis of our economy and capitalism and our government.
What is alarming once you start to research the Federal Reserve online, is the revelation of how those who tried to warn the people or inform them have been persecuted, villainized, and ostracized.
What is available online is so much more than I found in libraries back in 1978 when inflation was threatening our nation and the media were trying to explain it to the public. Suddenly all mention of inflation and its causes was knocked off the front page, actually knocked off all pages and news shows, by an international crisis that went on and on until Reagan took office: the Iranian Hostage situation. Almost like that on-going incident was engineered to do just that.
The big question is if the citizens of the U.S. can actually do something about this.
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