“The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.” MillionsIncreaseDollarsBillionsAssetsReservesBankingMillion DollarsFederal ReserveCentral BanksCentral Banking Book:The Study of The Federal Reserve and Its Secrets Source: The Study of The Federal Reserve and Its Secrets
“The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation created by their own central banks, and therefore they could not finance a war. A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created.” PeopleWorldYearsFirstsWarWould BeOrderNationsInterestPaySituationMilitaryCreatingStandingTasksArmyBurdenDebtDefenseFinanceWar Of The WorldsFiftyDictatorshipReservesBankersFederal ReserveCentral Banks Author:Eustace Mullins
“As soon as Mr. Roosevelt took office, the Federal Reserve began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new [checkbook] currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.” PeopleGovernmentMillionsWeekSecurityTenOfficeHundredDollarsRateCreditCriticalFactoriesCurrencyReservesBankingMillion DollarsFamineHiringFederal ReserveCentral Banking Author:Eustace Mullins
“The Federal Reserve System is not Federal; it has no reserves; and it is not a system at all, but rather, a criminal syndicate.” CriminalsReservesFederal ReserveSyndicate Author:Eustace Mullins
