4.4 • 4.5K Ratings
🗓️ 30 May 2018
⏱️ 360 minutes
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0:00.0 | On this episode of those conspiracy guys, we've done the red shield and cracked the door |
0:08.4 | on the vault that holds one of the biggest secrets in the world. |
0:12.6 | The organization that has control over everything we buy, sell, use and consume, and we don't |
0:19.0 | even truly know how it works. |
0:21.8 | The Federal Reserve. |
0:25.6 | Born of a turbulent financial climate in the years after the war of independence, |
0:30.3 | the Federal Reserve idea was one of stability and unity. |
0:34.4 | The attempt by politicians and European bankers to consolidate the American banking businesses |
0:39.0 | of the early 19th century in an effort to stabilize the dollar was met with disdain by president |
0:44.4 | and layman alike. |
0:48.1 | After Andrew Jackson refused to use this system and led America to its first and only government |
0:52.8 | budget surplus, the war of 1812 and the civil war came and the economy knew the injection |
0:58.5 | of funds to pay for the war effort. |
1:01.3 | The Northwood its banking know-how bamboozled the western and southern states and they were |
1:05.7 | decimated as their small banking businesses all went bankrupt trying to cover the debts |
1:10.3 | and loans these banks held. |
1:13.4 | After a myriad financial crises, JP Morgan and his cohorts met at the famous Jekyll |
1:17.8 | Island to drop the plans for a more permanent and profitable solution. |
1:23.4 | This duck hunt turned into the birth of the fed and also of the shady banking practices |
1:28.7 | that has kept the fed so secret and the world economy reliant on the petrodollar. |
1:35.6 | Questionable but necessary banking practices are needed to keep this financial system afloat. |
1:41.2 | Quantity of the using is one of the tools we use to make sure the system doesn't collapse |
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