Creation of the Fed and a Return to Real Money



Pinnacle Digest writes:

Tried and true writer and theorist Rick Mills reminds us all, in his most recent article, about the history of the Federal Reserve. The Federal Reserve Act, which has given the Fed complete control over the economy, including Federal Reserve Interest Rates, was passed in 1913 at Christmas time when most from Congress were on vacation.

He reminds us it was the US Congress which gave the Fed the authority and right to print money at no interest to the Fed. The argument that it is finally time to return to real money, gold and silver is put forward.


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