With Janet Yellen seemingly set on its course of hiking rates - no matter what given the hawkish screamings of the last 36 hours - we thought a reminder of what The Fed really is and what The Fed really does was worthwhile...
As SchoolHouseShock.com writes, money - whether its a tangible piece of paper or a number on a screen - is intrinsically worthless, yet it fuels the modern world.
In America the ultimate control of money rests with the bankers of the Federal Reserve System. Because of this it is detrimental that we as citizens understand how this shadowy - private - organization works and how it's ultimate goal is to forever enslave us in a descending pit of debt that we will never crawl out of.
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