A Visual Guide to the Federal Reserve

Richmond? REALLY? Somehow the NRA infiltrates a credit card act yet RICHMOND is still a banking central for the US?

ugh. This is why I didn’t major in history or political science…my blood pressure is already suffering.

Seems strange that economic “growth” corresponds with inflation.

from the obama deception video it seemed pretty clear that metal gear solid 2’s ‘patriots’ are the video game counterpart to the conspiracist federal reserve. japan knows all XD

Thank heavens the Fed isn’t Wall Street controlled! Otherwise, financial fatcats surely would abuse the Fed’s power and handout billions of dollars to their banker buddies!

Contrary to this extremely watered down, ill-informed, and personally biased version, the Federal Reserve is merely a privately owned for-profit institution run by corporate American and European banks which seek to make profit by handling and distributing the national wealth, taxes, and currency of the United States of America.

In fact, private bankers had tried several times in our nation’s history to form a privately-run central bank in order to get their hands on American wealth, but with little success, until effective lobbying spearheaded by J.P. Morgan persuaded then-president Woodrow Wilson to hastily rush the bill through congress during the Christmas holidays of 1908.

Upon reflection, Woodrow Wilson deeply regretted his decision, stating:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world – no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

Woodrow Wilson was one of many U.S. presidents which acknowledged the corrupt intentions of international bankers to form a central bank to handle American wealth, and certainly wasn’t the first.

Though a very brief installment of a central bank was established also in the early 1800’s, it was quickly abolished by then-president Andrew Jackson, in which Jackson was quoted as saying:

“Is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country? Is there not cause to tremble for the purity of our elections in peace and for the independence of our country in war? Controlling our currency, receiving our public monies, and holding thousands of our citizens in dependence, it would be more formidable and dangerous than a naval and military power of the enemy.”

Thomas Jefferson, 3rd president of the United States and author of the Declaration of Independence, stated this in reference to the idea of a central bank:

“If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.”

Abraham Lincoln, thought by many scholars to be America’s greatest and wisest of presidents, also knew all too well the perils and danger of allowing private institutions to get their grip on national currency and distribution, and in reference to this said:

“The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity.”

Last, but not least, former President John F. Kennedy also sought to battle and defeat the overwhelming power of the Federal Reserve and it’s cartel of international bankers. Just weeks prior to his assassination, Kennedy was forced to desperately resort to his most powerful tool as President, by issuing an executive order to abolish the Federal Reserve, just as Andrew Jackson had done 100 years earlier. By issuing Executive Order 11110, which intended to block the ability of the Federal Reserve to loan money to the U.S. government using interest, Kennedy intended to dismantle the entire central bank step-by-step. Sadly, Kennedy was killed before he could effectively enforce Order 11110, and his successor Lyndon Johnson dismissed the process and squashed any attempts to further deregulate the Federal Reserve.

So, before you allow an ill-informed blog, such as mint.com, to dismiss any idea that the Federal Reserve is a corrupt institution of bankers seeking profit and control of the U.S. currency, do a little research and take the advice of America’s most prominent, popular, and respected political forefathers.

So, now we see that the idea of corporate banks seeking to control and make profit from American wealth is nothing new in American history, and the American people must take up the fight that our greatest leaders strongly pursued time and time again: ABOLISH THE FEDERAL RESERVE, AND ALLOW ELECTED-GOVERNMENT OFFICIALS TO REGULATE, CONTROL, AND DISPENSE THE AMERICAN CURRENCY AS OUR CONSTITUTION INTENDED.

END THE FED! END THE FED! END THE FED!

I don’t get it

Nice Job.

But this is not totally true and it really does not answer the full set of Questions.

IMHO the following is a better description of the Fed. What you guys have presented is really what the Fed wants the public to know.

Just a little more effort and investigation one will find the following to be a better representation.

http://video.google.com/videoplay?docid=-8484911570371055528

Peace

Bullshit. Nice fluff piece.

That was glorious! Brilliant! Masterful!

This is garbage propaganda.

Disinfographic would be a better name I think.

Mint has now lost all credibility in my mind.

ps. If Mint is genuinely this naive, I suggest they watch some well researched documentaries on the subject, such as:

Money Masters
America: From Freedom to Fascism
Zeitgeist

how can you have a central bank (which is central planning unit of our economy) and call it capitalism? This article completely disregards other opinions of the fed as “crazy conspiracy theory”. Taking a different side of something doesn’t make you crazy, it makes you think.

@Rob Frost. Your citing of America: From Freedom to Fascism reminds me of someone that also told me “there’s no law that requires you to pay taxes”.

check out zeitgeist.com and make sure you watch the addendum for a real interpretation of the FED. END THE FED!

Does anybody know of a chart that point by point challenges the assertions made in this Visual Guide to The Fed?

I’m familiar with Zeitgeist, Creature From Jekyl Island, and everything Dr. Paul says, but it would be nice to have another side-by-side identical chart that shows where and how the logic of this particular chart is misleading. It would be good to have someone like William Wendt give specific opinion on why a challenge like this would not be valid.

I look at The Fed for what it has “actually done” and analyze their performance based on their “original directive” to maiintian a strong dollar and assure economic stability.

William, at the very least you have to concede The Fed is not only doing exceptionally poorly on these directives, but has morphed into a semi-private “fourth branch” of government where “banker buddies” know in advance the direction the Fed will take and position themselves to profit. And how do you square the recent bailouts? If Congress knew this would have been the case in 1913 I seriously doubt The Federal Reseve Act would have ever passed.

And Can anyone corroborate Chris Tew on the “backdoor” profits the Fed Banks make? Thanks

@pauric

The purpose of this piece is to explain and show how the Fed works and what it does. If you have read over the graphic and come away with no more understanding of the Fed then when you started, then it indeed has failed. However, I do not see how the ratio of text to images, or the presence of ‘clip art’ has any bearing on the value of it’s content. Mint and it’s blog help people understand financial information, micro and macro. This isn’t a design competition, it’s an exorcise in concept communication. , which I think is effective. I could add more charts and graphs, hand draw the ‘clip art’, add some reflections etc, but will that help or hinder the purpose of the graphic?

There is likely as much visualization in this piece as there is on the wikipedia page for the Fed, however I you’d be hard pressed to find a more succinct and effortless communication of the complexities of the Fed. Perhaps in the future, in an effort to please the visual auditors of the internet, we should amend the title to say “A mostly VISUAL GUIDE” or asterisk a disclaimer saying “This visual guide may contain more than 50% text, please continue at your own risk”.

This page is sarcastic right? It has to be. So the Fed is a Public, Private – decentralized, central(ized) – regulated and independant, “within the US Government”. Wow! No wonder nobody understands it. So many contradictions in the first sentence alone! Suffice to say, if it’s “in” the US Government, then why can’t Congress or the President or any other part of Government tell them what to do? What a complete waste of a web page, pure BS! There are so many relevant facts missing here that it would take hours to fill them in. See Alex Jones, The Obama Deception video and others for the full story about the Fed… This is simply comic book fiction.

this chart is gave me a good laugh. This is merely nothing but propaganda.

@Matt

There is plenty of evidence provided in the comments to point you in the right direction to reputable and over-whelming evidence criticizing the intents and purposes of the Federal Reserve. I believe modern skeptics including Dr. Ron Paul and Alex Jones, along with several books and documentaries, are scattered throughout the comments. I, personally, included several quotes and references to America’s most prominent and popular Presidents that referred to the corrupt inentions of the Federal Reserve to steal our nations wealth and guide us towards a slave-economy. This isnt “hear-say” without supporting evidence, and it’s far from being another ill-advised conspiracy such as suggested by http://www.mint.com

So, I’m wondering, in what defense can you claim that there is no evidence on this page to point someone like you towards easy-to-find and credible evidence? I don’t buy your comment, nor the pretty little cartoons in this terribly misleading blog article.

@wmw Fair enough that you don’t agree with the “conspiracy theorists”, but you should at least attempt to address, point-by-point, the valid issues Huck has raised

@Matt how about you do the research and find out for yourself. But before you do that, learn the difference between “your” and “you’re”.

“”I am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is controlled by its system of credit.
Our system of credit is concentrated. The growth of the nation,
therefore, and all our activities are in the hands of a few men.
We have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the civilized world.
No longer a government by free opinion, no longer a government by
conviction and the vote of the majority, but a government by
the opinion and duress of a small group of dominant men.” ”

W.Wilson – 1916