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When we can see the disastrous results of an artificially created shortage of money, we can better understand why our Founding Fathers, who understood both money and God's Laws, insisted on placing the power to “create” money and the power to control it ONLY in the hands of the Federal Congress.
They believed that ALL citizens should share in the profits of its “creation” and therefore the national government must be the ONLY creator of money. They further believed that ALL citizens, of whatever State or Territory, or station in life, would benefit by an adequate and stable currency, and therefore, the national government must also be, by law, the ONLY controller of the value of money.
Since the Federal Congress was the only legislative body subject to all the citizens at the ballot box, it was, to their minds, the only safe depository of so much profit and so much power. They wrote it out in the simple, but all-inclusive:
❞𝑪𝒐𝒏𝒈𝒓𝒆𝒔𝒔 𝒔𝒉𝒂𝒍𝒍 𝒉𝒂𝒗𝒆 𝒕𝒉𝒆 𝑷𝒐𝒘𝒆𝒓 𝒕𝒐 𝑪𝒐𝒊𝒏 𝑴𝒐𝒏𝒆𝒚 𝒂𝒏𝒅 𝑹𝒆𝒈𝒖𝒍𝒂𝒕𝒆 𝒕𝒉𝒆 𝑽𝒂𝒍𝒖𝒆 𝑻𝒉𝒆𝒓𝒆𝒐𝒇❞
🇳​​​​​🇪​​​​​🇽​​​​​🇹​​​​​ #617743 HOW THE PEOPLE LOST CONTROL TO THE FEDERAL RESERVE
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🇵​​​​​🇷​​​​​🇪​​​​​🇻​​​​​🇮​​​​​🇴​​​​​🇺​​​​​🇸​​​​ #617043 Money For Peace or War?
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This is a chapter of the book

Billions for Bankers & Debts for the People

The Real Story of the Money-Control Over America - by Pastor Sheldon Emry
Give it a read! Start from the...
🇮​​​​​🇳​​​​​🇩​​​​​🇪​​​​​🇽​​​​​​​​​​ #622479
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The Federal Reserve Act in 1913 was unconstitutional or extra constitutional
It’s a very strange structure
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I found it a copy of the original act (look's like) and the constitution. Just to save some time... which part precisely shall I look at that was/is unconstitutional or extra constitutional?
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Using AI
The constitutionality of the Federal Reserve is a debated topic, with arguments on both sides. Here are the key points to consider:
Arguments that the Federal Reserve is unconstitutional:
  1. The U.S. Constitution does not explicitly grant the government power to create a central bank[1].
  2. Some argue it violates the Constitution by being too closely tied to the private sector and lacking transparency[1].
  3. Critics contend that monetary policy decisions should be made by Congress, not an independent entity[4].
Arguments that the Federal Reserve is constitutional:
  1. The independent structure of the Federal Reserve has historical precedent in the Founding-era Sinking Fund Commission, which conducted similar operations[2].
  2. The Federal Reserve System is owned by member banks, not private individuals, and is considered an independent government entity[1].
  3. The Board of Governors is appointed by the President and confirmed by the Senate, maintaining a relationship with the government[1].
  4. Congress has the authority to regulate or abolish the Federal Reserve if desired[4].
While there are constitutional challenges to specific aspects of the Federal Reserve's structure, such as the participation of private citizens on the Federal Open Market Committee[3], the overall concept of a central bank conducting monetary policy is not universally considered unconstitutional. The debate largely centers on the extent of the Fed's independence and its relationship to the three branches of government.
Sources [1] Why Do Some People Claim the Federal Reserve Is Unconstitutional? https://www.investopedia.com/ask/answers/082115/why-do-some-people-claim-federal-reserve-unconstitutional.asp [2] "Is the Federal Reserve Constitutional?" by Christine Kexel Chabot https://scholarship.law.nd.edu/ndlr/vol96/iss1/1/ [3] Is the Federal Reserve Constitutional? - Law & Liberty https://lawliberty.org/forum/is-the-federal-reserve-constitutional/ [4] How Does the Federal Reserve Fit into Our Constitutional Order? https://fedsoc.org/commentary/fedsoc-blog/how-does-the-federal-reserve-fit-into-our-constitutional-order [5] [PDF] Is the Federal Reserve Constitutional? An Originalist Argument for ... https://scholarship.law.nd.edu/cgi/viewcontent.cgi?article=4925&context=ndlr
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yep that's true
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Is there a place in the world where this doesn't apply?
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clear and unambiguous
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deleted by author
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