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RE: LeoThread 2024-12-28 05:31

in LeoFinance6 days ago

Part 5/8:

Over the years, the narrative culminates with presidents who famously opposed central banking initiatives and subsequently faced adversities, including assassination attempts. Lincoln, for example, famously issued interest-free currency during the Civil War, a act that brought considerable resistance from banking elites, leading to significant opposition.

Fast forward to the 20th century, the creation of the Federal Reserve was seen as securing the power of central banks following pivotal moments like World War I. Many point to the immediate fallout from this, with private banks playing significant roles in financing conflicts while profiting from the ensuing economic chaos.

A Contemporary Understanding: Cryptocurrency and Decentralized Finance