Friday, September 5, 2014

The History of the Federal Reserve

September 5, 2014

 Understanding how the Federal Reserve works, is an essential element of understanding how our money is created. The Federal Reserve was established on December 22, 1913, on December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act into law.

The Federal Reserve has now been in operation for over a 100 years; we have seen many changes during this time. The Great Depression along with the Market Crash from 1929 - 1933. Difficult times for all had to live this era.  Then President Roosevelt recalled all gold and silver certificates, ending the gold or any other metallic as banking standard.

The Video your about to watch will explain in great detail how the Federal Reserve works in a language we can all understand. Provided by the Corbett Report, one I do recommend you follow.




All the Best,

Joseph F. Botelho One Gram at a Time

Joseph Botelho


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