Let’s go down to the American history once again. We see that in 1913, the Federal Reserve act was passed and made a law after getting signed by the president of America, Woodrow Wilson. The purpose of creating Federal Reserve Bank was to create a source for the American people especially the business class to [...]
Posts Tagged ‘paul warburg’
Was The Federal Advisory Council A Money Making Machine For The Wealthy?
Posted: 4th April 2012 by admin in Federal Reserve ActTags: creating the federal reserve bank, decentalization, decentralized fedral reserve bank, decentralized system, federal advisory council, federal reserve act, federal reserve bank, gain control over the country, paul warburg
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The 1910 Secret Mission On Jekyll Island
Posted: 19th March 2012 by admin in HistoryTags: decentralized fedral reserve bank, economic stability of america, economy of america, federal reserve bank, impartial system, jekyll island, paul warburg, secret mission, upcoming economical crisis
After the panic of 1907, America faced a huge sort of crisis. The economy of America fell and the income of an average American family reduced up to 40% of the total. This caused a great sense of insecurity among the people. Many banks were forced to close their doors and hence America faced a [...]