The first misconception that most people have about the Federal Reserve Bank is that it is a branch of the US government. It isn’t. The Federal Reserve Bank is a private company.
Most people believe it is as American as the Constitution. The fact is, The US Constitution forbids its exstance. Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof. Our money is being created by an international banking cartel.
Today the FED controls and profits by printing worthless paper, called money, through the Treasury, regulating its value. The biggest outrage of all is that they are collecting interest on every dollar created. This is the origins of our National Debt.
The FED began with approximately 300 people or banks that became owners, stockholders purchasing stock at $100 per share ( the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of the ultra wealthy. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders.
Here is a youtube video. An excerpt from the conspiracy film, ZEITGEIST. The movie goes on forever and culminates in the 911 terrorist attacks being planned and executed by the US Government for the profit of the wealthiest of the world. I think they are grasping at straws here but that doesn’t mean that their research of the FED ain’t right on the mark.
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