is the Federal Reserve and what impact does it have on your life?
Federal Reserve is a corporation chartered by congress to create debt
that is then used as the medium of exchange in our economy.
creates the confused situation in which people who are trying to pay
off their debts and build a savings are actually decreasing the money
supply and accumulating other people’s debts.
are some of the publications by the Federal Reserve from which these
startling facts are drawn.
Faces of Debt – Tells us that what we
call "cash" is really debt and that debt is here to stay.
Money Mechanics – Explains how money
is actually created when a loan is made. In other words, bank loans
are not made from the deposits made by other clients; bank loans
actually create money that did not exist before the loan was made.
Many Hats the Federal Reserve Wears – Reveals
we have faith-based money in these United States in addition to faith
based charity programs.
Notes – If you were born in the second
half of the 20th century, you may never have realized that
our money actually contained a contract. Of course even if you were
born in the first half of the century you may never have realized it
because the contract was written in 2 different fonts using 3
different sizes, split between the front and the back with a portrait
thrown in between the contract lines.
The Federal Reserve
Funny Money of These United States
(This is a
45MB powerpoint file and will take 5-10 minutes to download with a
a pdf version of the Funny Money presentation click here.
(It doesn't have
the presentation builds, of course, and 2 of the images won't transfer
correctly, but it's only 2MB instead of 45.)