You are on page 1of 2

WHAT IS THE FEDERAL RESERVE?

The Federal Reserve (The Central Bank) was established by


special banking interests in 1913. What most don’t know is that
the Federal Reserve is a PRIVATE BANK no more federal than
Federal Express (FedEx) and therefore constitutionally
implausible!
They create money out of thin air, and bail out other bankers with
the money they take from your wallet in the form of INFLATION.
Those at the top who get the new money first feel no effect from
inflation; only the average consumer gets the money after prices have
risen and before their wages can be adjusted.

7 reasons to abolish the Federal Reserve System:


1) It is UNCONSTITUTIONAL (only congress has the ability to
COIN money, Article I Sec. 8)
2) It is a cartel of SPECIAL and CORPORATE INTERESTS
3) Its financial powers encourage WAR and IMPERIAL
OVEREXTENSION
4) It generates our most DECEITFUL TAX through inflation
5) It is the supreme instrument of USURY, lending money beyond
legal limits
6) It DESTABILIZES the economy through business cycles
7) It is an historical instrument of TOTALITARIANISM

Purchasing power of the dollar since


1776. The dollar (in comparison to
1913 when the Fed was established) is
now the equivalent of 4 cents (and
falling)!

“If the American people ever allow the banks to control the issuance of their
currency … the banks and corporations that will grow up around them will deprive
the people of all property, until their children wake up homeless on the continent
their fathers conquered.” -Thomas Jefferson
“It is well enough that people of the nation do not understand our banking and
monetary system, for if they did, I believe there would be a revolution before
tomorrow morning.” - Henry Ford

This is only scratching the surface of the problems with having a


Central Bank. Want to know more? Want to join the fight for
sound money?
VISIT: http://www.campaignforliberty.com/edu/sound-money.php
Further reading: The Case Against the Fed by Murray N. Rothbard
End the Fed by Ron Paul
Recommended viewing: “Fiat Empire” on Google video

Things will not be changed overnight. Where do we start?


Repeal Legal Tender Laws and Allow the Gold
Standard to Oust Fractional Reserve Banking.
Abolish the Federal Reserve System.
Reduce the Size and Scope of Government.

Over $6,000,000,000,000 have been redistributed (lost


wealth) due to inflation since 1945 according to the American
Institute for Economic Research (Great Barrington,
Massachusetts)

THIS IS NOT MONEY


IT IS INTRINSICALLY
WORTHLESS

THIS IS MONEY

Find out more and get involved with the “END THE FED” movement by
joining:

Young Americans for Liberty at IU


Meetings @8:15 PM bi-weekly Tuesdays in BH 149
or search ‘Young Americans for Liberty at IU’ on Facebook

You might also like