The Federal Reserve Act of 1913: A Turning Point in American History
The year 1913 marked a pivotal moment in American history, one that forever changed the nation's financial landscape and arguably set the stage for a corporate takeover of the American economy. The passing of the Federal Reserve Act, a piece of legislation that established the Federal Reserve System, effectively handed control of the nation’s monetary system to a central banking authority. Before this, the United States operated primarily on a gold-backed currency system, where paper money could be redeemed for gold. This meant that the value of the dollar was directly tied to the tangible asset of gold, offering a degree of stability and security for the public. Every dollar bill in circulation had a corresponding ounce of gold stored in a government vault, ensuring its inherent worth and providing a strong foundation for a stable economy.
The establishment of the Federal Reserve, however, marked a dramatic shift away from this gold-backed system towards a system that was inherently more susceptible to manipulation and control. The Fed's creation, fueled by powerful corporate interests, ultimately paved the way for a debt-based economy and the erosion of individual financial freedom. The question remains: was this a necessary evolution of the American financial system, or a deliberate maneuver designed to benefit a select few at the expense of the public?
The Shadows of Corporate Influence: Behind the scenes of the Federal Reserve's creation lie the names of some of the most powerful banking and corporate figures of the early 20th century: J.P. Morgan, the Rockefeller family, and other financial giants. Their influence in the legislative process surrounding the Federal Reserve Act is undeniable, and it raises significant questions about the true intentions behind the creation of this powerful institution. Critics argue that the Federal Reserve was not designed to serve the interests of the American public, but rather to cater to the financial needs of the corporate elite, granting them unprecedented control over the nation's monetary policy. These powerful individuals, with their vast wealth and influence, saw the opportunity to shape a system that would benefit their own interests, a system that would allow them to manipulate the money supply for their own gain.
A Shift to Debt: The Federal Reserve's introduction ushered in a new era of debt-based economics. By decoupling the dollar from gold, the Fed gained the ability to create credit and loans on an unprecedented scale. This shift, while seemingly beneficial on the surface, created a dangerous system reliant on perpetual debt. Corporations and the government were now able to borrow vast sums of money without the constraints of a finite gold supply. This facilitated economic growth in the short term but created a long-term reliance on debt that continues to burden the American public today. The consequences were clear: the wealthy and powerful benefited greatly from this shift while the average citizen faced increased financial vulnerability. This system, fueled by debt, allowed corporations and the government to expand their operations, often at the expense of the working class, who were increasingly burdened with debt and reduced economic security.
The Birth of Fiat Currency and Inflation: The Federal Reserve's establishment laid the groundwork for the eventual removal of gold from circulation, paving the way for a fiat currency system. With gold no longer serving as a tangible backing for the dollar, the value of the currency became entirely dependent on the decisions of the Federal Reserve. The Fed's ability to manipulate interest rates and the money supply allowed it to expand the money supply at will, a practice that ultimately led to inflation. This inflation eroded the purchasing power of the public while favoring those who controlled vast capital reserves. The average American found their savings dwindling as the value of their dollar decreased, while corporations and the wealthy reaped the benefits of this inflationary environment. The Fed's ability to print money at will, without any accountability to a gold standard, allowed corporations and the government to engage in risky ventures and financial speculation without fear of economic consequences.
The Removal of Gold from Circulation in 1933: A Symbolic Power Grab
In 1933, President Franklin D. Roosevelt, amidst the chaos of the Great Depression, issued Executive Order 6102, demanding Americans to turn in their gold to the government. This action was followed by the Gold Reserve Act of 1934, which effectively centralized control of the nation's gold and removed it from general circulation. This move solidified the shift towards a fiat currency system and further entrenched corporate and governmental control over the American economy. This action, taken under the guise of national security, effectively stripped the American people of their financial sovereignty. Gold, once a tangible symbol of wealth and stability, became a mere commodity, controlled and manipulated by those in power.
The Rise of a Fiat Currency System: With gold removed from circulation, the United States fully embraced a fiat currency system, where the value of the dollar was no longer tied to a tangible asset like gold. This gave the Federal Reserve and the corporate-controlled financial system unparalleled power to manipulate the value of the currency. They could create and print money at will, without any external constraint, further contributing to inflation and exacerbating the financial struggles of ordinary Americans. The power to create money became a tool for corporate and government interests to control the economy and enrich themselves at the expense of the average citizen. This system, devoid of any inherent value, was susceptible to manipulation and control, leaving the average person vulnerable to the whims of the financial elite.
Corporate Elites and the Concentration of Wealth: Without the restraint of gold, corporate elites and banking institutions were free to borrow and spend at will, amassing vast fortunes while inflation slowly eroded the savings of ordinary Americans. The Great Depression, which had devastated much of the economy, provided an opportune moment for these elites to expand their influence and consolidate their control over the American economy. They capitalized on the economic turmoil by purchasing struggling companies and assets at bargain prices, further solidifying their control over the nation's wealth. This created a situation where the gap between the rich and the poor widened dramatically, contributing to a growing sense of economic inequality that persists today. The removal of gold, a natural constraint on excessive borrowing and spending, allowed corporations and the government to expand their reach, consolidate their power, and create a system that favored those who already held significant wealth.
Symbols of Corporate Control: The Gold-Fringed Flag and The Color of Law
Beyond the realm of finance, the influence of corporate power can be seen in the symbolic realm, exemplified by the presence of the gold-fringed flag. While official sources claim that the gold fringe is purely decorative, there are compelling arguments that it symbolizes a deeper form of control, one that aligns with the “color of law”—actions taken under the guise of legal authority that may not be truly lawful. The gold-fringed flag is often seen in courtrooms and government buildings, particularly those associated with corporate or military authority. This seemingly innocuous symbol, often dismissed as a mere decorative element, may hold a deeper significance, one that speaks to the erosion of individual sovereignty and the rise of corporate and government power.
The Rise of Admiralty Law: Many believe that the gold fringe symbolizes a shift in legal jurisdiction, specifically to maritime or admiralty law. This legal system, historically used for disputes at sea, is often associated with corporate and government interests, prioritizing their claims over individual rights. Proponents of this theory argue that the gold-fringed flag is a subtle indication that these spaces operate under admiralty law, where corporate and government entities hold disproportionate power over individuals. This theory aligns with the broader narrative of corporate control, suggesting that even the legal system has been co-opted to serve the interests of those in power. The use of admiralty law, a system traditionally designed for commercial disputes, is seen by some as a way to circumvent individual rights and prioritize corporate and government interests.
The Role of Psychological Manipulation: The connection to programs like MK ULTRA, a CIA initiative aimed at mind control and psychological manipulation, further supports the idea that symbols like the gold-fringed flag may be part of a larger effort to create mass compliance and subdue the public’s understanding of their rights. The use of symbols and psychological manipulation, coupled with financial manipulation and legal obfuscation, creates a system of control that maintains corporate and government dominance over individual freedoms. It suggests that the control of the masses extends beyond financial manipulation and into the realm of shaping public perception and behavior. Symbols, like the gold-fringed flag, become tools for instilling a sense of subservience and obedience, creating a population that is less likely to question the authority of those in power.
Unmasking the False Reality: A Call for Reclaiming Sovereignty
The false reality in which we live is a product of corporate greed, monetary manipulation, and symbolic control. Recognizing the influence of these powerful forces and understanding events like the Federal Reserve Act of 1913, the removal of gold in 1933, and the symbolism of the gold-fringed flag helps us begin to unfold this false reality.
To challenge these systems and reclaim individual sovereignty, we must start by recognizing their influence. The shift from a gold-backed system to fiat currency was not a benign economic adjustment but a calculated move to consolidate power among corporate elites and the government. By removing the restraint of gold, those in control gained the ability to manipulate the value of currency, influence the economy, and control wealth distribution, all while the public suffered the consequences of inflation and financial instability. We need to ask critical questions about the role of the Federal Reserve, the reach of admiralty law, and the symbols used to maintain control over the masses. By doing so, we can begin to see through the veil of corporate power and pave the way for a future where true democracy and individual freedom prevail.
It's time to reclaim financial sovereignty and challenge the corporate-driven systems that have undermined our republic. We need to understand the history of the Federal Reserve, the impact of removing gold from circulation, and the symbolism that perpetuates the illusion of corporate control. Only then can we truly begin to understand the forces shaping our reality and work towards a future where true democracy and individual freedom reign supreme.
Sources: United States Code, Title 12, Executive Order 6102, Army Regulation 840-10