The Creature from Jekyll Island

Is the Federal Reserve Destroying U.S.?

By Guest Column Allen Ide—— Bio and Archives--October 17, 2011

American Politics, News | Comments | Back To Full Article

How can that be? Well, for one thing it is not federal although it is commonly referred to as the "FED." For another thing there are no reserves. Some would even argue they are not banks in the normal sense of the word, but rather glorified accounting firms.

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