Should We End The Fed? Economists say "Yes"
Should We End the Fed?
What would it mean to "end the Fed"?
Professor Larry White says that in order to know the effects of such a measure, we must first understand the role of "the Fed".
The Federal Reserve is the central bank of the United States and the institution at the center of the nation's monetary and banking systems.
It has five main functions, including controlling monetary policy.
Could the United States even survive without the Federal Reserve?
In order to answer this question, Professor White examines countries throughout history that did not have an established central bank, including Scotland, Sweden, Switzerland, and Canada. Hong Kong, he points out, still does not have one.
So who performs the functions of a central bank in these countries? Professor White cites private institutions, including clearing house systems, banks, and financial companies, as the main actors in the monetary systems of countries without a central bank.
Ultimately, Professor White concludes that the Federal Reserve is not necessary.
Evidence shows that nations can survive without a central bank. What the Federal Reserve does well can be done even better by private institutions, and the institution is capable of serious errors.
How Abolishing the Fed Would Change Everything
Llewellyn H. Rockwell, Jr.
Trump Takes Control of the FED - Leads the way for other countries to follow - Michael Tellinger
May 8, 2020
President Donald Trump breaks a 250-year long stranglehold of the Royal Political Elite and their central banks. Since the 1760s and the rise of the Rothschild banking empire, the world has been held hostage by the global banking elite families, led by the Rothschilds - creating the largest organised crime syndicate on Earth - larger than all other crime syndicates combined - more brutal, more bloodthirsty and yet completely visible to all.
They have abducted, tortured, bribed, extorted and murdered all their opponents to stay in control. They launched most of the wars in history, invaded countries and removed any threat with brutal force over and over again.
They have more blood on their hands than all other crime syndicates combined. Many honest leaders, presidents and prime ministers have tried to free their countries from the banksters' stranglehold over this period, but so far, in over 250 years, no one has succeeded.
Until NOW President Donald J Trump has quietly taken over the Federal Reserve Bank of the USA, in the last 2 weeks of March 2020 - without any fanfare or massive media exposure. In a cunning move, Trump is now in complete control of the largest Reserve Bank on Earth - without any violence or bloodshed - by simply absorbing the FED into the Treasury Department.
It may take some time for this to sink in - But this is a pivotal moment in more that 250 years - will other leaders follow the USA president, or are they too fearful? At least the USA will not invade your country, as they have done before - to topple the "rogue" leadership in order to retain control of the central bank - because the USA is leading this historic break-away moment.
If only 10 countries of the world do this - take control of their central banks - and in essence rename then Peoples Banks - we will rapidly break the Rothschild stranglehold over humanity and usher in a new era of freedom from economic slavery - prosperity and abundance for all.
https://www.youtube.com/watch?v=aVkB89ONeNg&feature=youtu.be