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Federal Reserve Bank Pros And Cons

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The Dollar bill has no value since the Federal Reserve act was signed by President Woodrow Wilson December 23,1913. The Federal Reserve Bank is a private Institution. It is not government owned or operated. It is not "owned" by anyone. It is the nations central bank and get 's it authority from the Congress of the United States. It 's monetary policies do not have to be approved by the President or by anyone in government.

The Federal Reserve Bank owns no gold or silver to back up it 's notes and has not owned gold since 1934. Money That basically means your money is backed up by nothing, thin air. Who 's getting pimped? You are. By who, The Federal Reserve

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