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#TheyreDoingItAgain
PREDICTION (a poorly-informed musing, really.. I don't know :D): Dollar system will finally collapse and CBDC will be passed into law in December of this year.
100 years ago:
on December 23, 1913 (2023), the Senate passed
[👇]
PREDICTION (a poorly-informed musing, really.. I don't know :D): Dollar system will finally collapse and CBDC will be passed into law in December of this year.
100 years ago:
on December 23, 1913 (2023), the Senate passed
[👇]
and President Woodrow Wilson signed the Federal Reserve Act.
The need for a central bank became painfully evident during the financial panic of 1907 (2007), when the stock market collapsed, banks failed, and credit evaporated.
[👇]
The need for a central bank became painfully evident during the financial panic of 1907 (2007), when the stock market collapsed, banks failed, and credit evaporated.
[👇]
Because the federal government lacked the tools to respond, it had to depend on PRIVATE BANKERS, such as J. P. Morgan, to provide an infusion of capital to sustain the banking system.
To correct the problem of
[👇]
To correct the problem of
[👇]
an “inelastic currency,” Congress created a National Monetary Commission, chaired by Rhode Island Republican senator Nelson Aldrich.
Aldrich proposed a system that would be run by PRIVATE BANKERS who would act as federal agents.
Progressives adamantly
[👇]
Aldrich proposed a system that would be run by PRIVATE BANKERS who would act as federal agents.
Progressives adamantly
[👇]
opposed what they called a surrender to the “Money Trust” and blocked its passage.
[👇]
[👇]
A few of those who attempted to block the passage of the Federal Reserve Act had THEIR passage blocked by an iceberg and lost their lives when they went down with the Titanic - but that's another story for another time...
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