By a continuing process of inflation, governments can confiscate secretly and unobserved, an important part of the wealth of their citizens. Diala, what about this? House, who Wilson called his "alter ego because he was his closest friend and most trusted advisor, anonymously wrote a novel in 1912 called Philip Dru: Administrator, which revealed the manner in which Wilson was controlled. Fractional reserve banking was created, along with the radical monetary concept of a "monopoly" bank which would create money for loans that would never be repaid. After buying at the bottom, a group of 15 central banks announced that they would be restricting the amount of gold released into the market for the next five years. He said: "The Federal Reserve Bank is an institution owned by the stockholding member banks. Gold coinage was withdrawn from circulation and kept in the form of bullion.
The Federal Reserve claims that nobody owns it that it is an "independent entity within the government." The Federal Reserve is subject to laws such as the Freedom of Information Act and the Privacy Act which cover Federal agencies but not private corporations; yet Congress. The Federal Reserve Board, a Government Board, has cheated the Government of the United States and he people of the United States out of enough money to pay the national debt. As most people know by now, the Fed greatly reduced reserve requirements during the 1920s, expanding credit recklessly and generating a false prosperity that ended in the crash of 1929. Public outrage over these abuses studies on Deception was such that the charter was not renewed and the bank ceased to exist in 1811. These executive orders will make it easier for agencies to remove poor-performing employees, and ensure that taxpayer dollars are more efficiently used, White House Domestic Policy Council Director Andrew Bremberg told reporters on a conference call.