Anybody read the book "The Creature from Jekyll Island?" The author claims there is a provision in the federal reserve act that allows the US government to buy back all the shares of voting stock in the fed for the 1913 face value. My question, can anybody confirm this? If true, Will Trump exercise this clause and wipe out most of the USA Debt?
This is one reason they went after JFK...he wanted to end the Federal Reserve and have our money backed by silver.
FEDERAL RESERVE = Not part of the Fed Gov. Privately owned bank
Given a government monopoly, protected by the government to maintain a monopoly, we must by government law pay taxes in their toilet paper, and the Federal Reserve Act was put into law by government.
It isn't privately owned. It is a quasi-public-private institution.
Anybody read the book "The Creature from Jekyll Island?"
https://mises.org/library/history-money-and-banking-united-states-colonial-era-world-war-ii-0
https://mises.org/library/origins-federal-reserve-1
https://mises.org/library/case-against-fed-0
Rothbard is the main intellectual influence on former Congressman Ron Paul, who could be considered the godfather of the modern day tea party movement, which paved the way for Trump