• State Banks

    Part of the solution to America’s Economic Problems?

    Bank200pVirtually every problem that we face in America can be traced back to our current monetary system, set up in 1913 with the passage of the 16th Amendment and the creation of the Federal Reserve System. It has been over 100 years of chaos, war, depression, recession, and boom/bust economics. That is because the United States Congress surrendered its constitutionally-mandated authority over America’s monetary system to a cartel of bankers, who formed a central bank called the Federal Reserve (the FED). This bank is the central bank of the U.S., and since the US dollar is the world’s reserve currency, it is has become the de-facto central bank of the world.

    CENTRAL BANKS

    Central banks exist to create money and loan it to governments at interest. They also set banking rules within the banking industry and with the manipulation of those rules they can control a nation’s economic success or failure. The point is that the FED creates money from nothing on its computers and loans it out at interest.