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samking73
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41 Facts about Central Banks no longer taught in US schools

- The Prudent Investor -

I'm not sure that much was taught about the central banking system back when I was in school...25 + years ago. At least not the important parts.

Commented 3408 days ago

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Beginning of the headline :Today, most American students don't even understand what a central bank is, much less that the battle over central banks is one of the most important themes in U.S. history. The truth is that our nation was birthed in the midst of a conflict over taxation and the control of our money. Central banking has played a key role in nearly all of the wars that America has fought. Presidents that resisted the central bankers were shot, while others shamefully caved in to their demands. Our current central bank is called the Federal Reserve and it is about as "federal" as Federal Express is. The truth is that it is a privately-owned financial institution that is designed to ensnare the U.S. government in an endlessly expanding spiral of debt from which there is no escape... Read More

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