Handbook of Texas Online, Martin Donell Kohout, Clint, TX, accessed August 18, 2016, http://www.tshaonline.org/handbook/online/articles/hjc13. Uploaded on June 12, 2010. Published by the Texas State Historical Association.
One of the most ungodly and fraudulent institutions ever perpetrated on the American people and the world, is the Federal Reserve System which through deceit became the central bank of the United States in 1913. The idea came about on a meeting in Jekyll Island off the coast of Georgia in 1910.
The Federal Reserve is the central banking system for the United States of America. Also known as the Fed, this system was created by Congress in 1913 under the Federal Reserve Act. Congress set out three key goals for the Federal Reserve: moderate interest rates, stable prices and maximum employment.