Again. It's in the Constitution. There are no if, ands, or buts.
President Woodrow Wilson signed into law the Federal Reserve Act of 1913.
Before it reached his desk, many congressmen were coerced into believing it to be a โfederal entityโ given its name.
However, there is nothing โfederalโ about the #FederalReserve. It is owned by 12 member banks spread across the US, who have โsharesโ in it. The only part of the federal reserve that is controlled by Uncle Sam is when the president appoints its Chairman. As far as its actions & monetary policy, the Fed is not accountable to any branch of the federal government.
๐ ต๐๐ ฝ ๐ ต๐ ฐ๐ ฒ๐: ๐๐ข๐ ๐ฒ๐จ๐ฎ ๐ค๐ง๐จ๐ฐ ๐ญ๐ก๐ ๐ ๐๐๐๐ซ๐๐ฅ ๐๐๐ฌ๐๐ซ๐ฏ๐ ๐๐จ๐๐ฌ ๐ง๐จ๐ญ ๐ก๐๐ฏ๐ ๐๐ง ๐ข๐ง๐ฌ๐ฉ๐๐๐ญ๐จ๐ซ ๐ ๐๐ง๐๐ซ๐๐ฅ ๐๐ฌ๐ฌ๐ข๐ ๐ง๐๐ ๐ญ๐จ ๐จ๐ฏ๐๐ซ๐ฌ๐๐ ๐ข๐ญ๐ฌ ๐๐๐ก๐๐ฏ๐ข๐จ๐ซ ๐จ๐ง ๐๐๐ก๐๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ง๐๐ก?
Instead they have their own, but is not accountable to the OIG. Even the CIA, the greatest & most clandestine intelligence agency in the world, has an inspector general assigned & appointed by the president. Americans are more likely to understand what goes on in the CIA than the Federal Reserve, because the Fed isnโt accountable to anyone.
The constitution clearly states under Article I, Section 8, Clause 5:
[๐๐ก๐ ๐๐จ๐ง๐ ๐ซ๐๐ฌ๐ฌ ๐ฌ๐ก๐๐ฅ๐ฅ ๐ก๐๐ฏ๐ ๐๐จ๐ฐ๐๐ซ . . . ] ๐๐จ ๐๐จ๐ข๐ง ๐๐จ๐ง๐๐ฒ, ๐ซ๐๐ ๐ฎ๐ฅ๐๐ญ๐ ๐ญ๐ก๐ ๐๐๐ฅ๐ฎ๐ ๐ญ๐ก๐๐ซ๐๐จ๐, ๐๐ง๐ ๐จ๐ ๐๐จ๐ซ๐๐ข๐ ๐ง ๐๐จ๐ข๐ง, ๐๐ง๐ ๐๐ข๐ฑ ๐ญ๐ก๐ ๐๐ญ๐๐ง๐๐๐ซ๐ ๐จ๐ ๐๐๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐๐ฌ๐ฎ๐ซ๐๐ฌ; . . .
With that being said, the Federal Reserve Act of 1913 conflicts with the US Constitution. Only Uncle Sam, per the constitution & fully accountable to the American people, should be the ones responsible for the issuance & management of currency & the monetary system of the nation as a whole. It should not be handled by small elite factions behind closed doors (private banks), who are not accountable to anyone but themselves.
Even the founding fathers, such as Thomas Jefferson, warned of the dangers of the idea of a central bank (I.e. the Fed)
Benjamin Franklin mentioned the colonies inability to get power to issue their own money out of the hands of George III & international bankers was the ๐ฉ๐ซ๐ข๐ฆ๐ ๐ซ๐๐๐ฌ๐จ๐ง for the Revolutionary War. (Full quote below in the attached images)
#JFK issued a United States Note (executive order 11110) that was to be backed in full by gold, debt free & to be issued by the Treasury, not the Fed.
After his assassination, all notes were removed from circulation๐ค๐ง. All that was left was the coins (issued by the US mint), which make up less than 1/1000th of the overall currency in circulation & the Federal Reserve Notes (make up the majority of currency)
#introductions


