International Forecaster Weekly

11 Reasons Why The Federal Reserve Should Be Abolished

If the American people truly understood how the Federal Reserve system works and what it has done to us, they would be screaming for it to be abolished immediately.

Michael Snyder | May 15, 2013

If the American people truly understood how the Federal Reserve system works and what it has done to us, they would be screaming for it to be abolished immediately.  It is a system that was designed by international bankers for the benefit of international bankers, and it is systematically impoverishing the American people.  The Federal Reserve system is the primary reason why our currency has declined in value by well over 95 percent and our national debt has gotten more than 5000 times larger over the past 100 years.  The Fed creates our "booms" and our "busts", and they have done an absolutely miserable job of managing our economy.

 

  1. The Greatest Period Of Economic Growth In The History Of The United States Happened When There Was No Central Bank
  2. The Federal Reserve Is Systematically Destroying The Value Of The U.S. Dollar
  3. The Federal Reserve Is A Perpetual Debt Machine
  4. The Federal Reserve Is A Centrally-Planned Financial System That Is The Antithesis Of What A Free Market System Should Be
  5. The Federal Reserve Creates Bubbles And Busts
  6. The Federal Reserve Is Privately Owned
  7. The Federal Reserve Greatly Favors The "Too Big To Fail" Banks
  8. The Federal Reserve Gives Secret Bailouts To Their Friends
  9. The Federal Reserve Is Paying Banks Not To Lend Money
  10. The Federal Reserve Has An Astounding Track Record Of Failure
  11. The Federal Reserve Is Unaccountable To The American People

We do not need to have a central bank.  There are much better alternatives.  We just need to get people educated.

http://www.activistpost.com/2013/05/11-reasons-why-federal-reserve-should.html