Tuesday, December 31, 2013

100 Years of the Federal Reserve


100 years ago, this December, the United States Congress created a central bank today, we know it as the Federal Reserve Bank of the United States. What most people don't know is that the bank isn't a federal entity and candidly, it really has nothing in reserves.

Is the Federal Reserve good for the United States? Is it even possible to get rid of it?

The first step toward truth is to be informed.

- Source, Ben Swann: