The Federal Reserve Act was never fully ratified, 2/3 of congress wasn't even present when the bill was passed into law.
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The Federal Reserve Act was never fully ratified, 2/3 of congress wasn't even present when the bill was passed into law.
Yes, they actually waited for Congress to leave on Christmas break and passed it when there was almost no one to vote for it.
https://steemit.com/community/@melip/ow-good-is-the-war-for-cryptocurrency-holders
They are neither federal or reserve yet they have the power to issue currency and also to declare martial law. It's scary to know that a private corporation has this much power and influence on U.S. monetary policies.
As always we appreciate your great content Melip!