The Federal Reserve is a private entity owned by a small group of oligarch bankers which has monopolized our monetary system which creates debt by printing and issuing notes to the U.S. Treasury and then charges interest on these notes, it is a fiat system that has been instrumental in destroying the nations economy. This 100 year charter which was enacted on December 23, 1913 will soon expire on December 23, 2013.
The Federal Reserve is Un-Constitutional. Read Article 1 section 8 clause 5 also refer to Article 1 Section 10 for reference.
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