The FED and Money- An Explanation for Dummies Part 3
This is part 1 of a 5 part clip from Zeitgeist. Note that it only has 3 million views. In America, that would amount to 1% of our population. Thomas Jefferson hated the idea of a central bank run by private bankers. Jefferson was a polymath. A genius in many respects and in many pursuits. He knew that private bankers would become very powerful and ultimately own and enslave America. President Andrew "Old Hickory" Jackson eliminated one version of the central bank. He is the only President to eliminate the debt. He also detested the electoral college. Lots to like about Jackson. Lincoln was offered a 36% interest loan by international bankers for financing the civil war. Lincoln refused and promptly began issuing the "greenback." A fiat currency that worked just fine throughout the war and long after he was killed. All in all, we as a country managed to turn back several attempts of international bankers to control our currency. In 1913, Woodrow Wilson changed all of...