The greatest lie ever told: The Federal Reserve and US Reserve Currency

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I truly believe that the superpower of the super rich and controlling overlords of the world is their abilities to make generational plans that probably wont come true in their own life times. Their patience and ability to pass the role to the next inline means that decisions made 110 years ago can now come to fruition and the greatest wealth transfin history can be completed with the crash of a system set up on 1913!

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Before the creation of the Federal Reserve in 1913, the US dollar was created and issued by individual banks, not a central authority. The U.S. financial system at that time was known as a decentralized "banking system," where private banks issued their own currencies and there was no uniform national currency. This often led to financial instability, as the supply of money and credit was subject to the discretion of individual banks and there was no mechanism to respond to financial crises. The creation of the Federal Reserve aimed to address these issues by centralizing the monetary system and providing a more stable and flexible financial system.

The Federal Reserve System, commonly known as the Federal Reserve or just "The Fed", was created in 1913 with the passage of the Federal Reserve Act. The main purpose of the Federal Reserve was to establish a more stable and flexible monetary and financial system in the United States. The Federal Reserve was created in response to a series of financial panics in the late 19th and early 20th centuries and to address the lack of a centralized authority to manage the country's money supply and banking system. The Federal Reserve's duties include supervising and regulating banks, implementing monetary policy, and maintaining the stability of the financial system. And for a short time, things seamed to be running as the dark, shadowy overlords and politicians had promised.....

Why was the USD chosen as the reserve currency?

The US dollar was chosen as the world's reserve currency for several reasons:

• Economic dominance: With most of Europe left in tatters post- world war II, the majority of the US was left untouched by the ravages of war and so the majority of their infrastructure was left standing. This meant yhe United States had a head start on rebuilding after the war and became the world's largest economy and was a leading producer of goods and services, making the US dollar an attractive currency for other countries to hold as a reserve.

• Political stability: The US was seen as a politically stable country with a well-established government, which made the US dollar a reliable currency to hold as a reserve.

• Military power: The United States factories and manufacturing left undamaged from constant war time bombarding, they were able to build a strong military presence, which gave it significant influence in international affairs and made other countries more willing to hold US dollars as a reserve(from threat of invasion).

• The Bretton Woods Agreement: In 1944, the Bretton Woods Agreement established the US dollar as the world's primary reserve currency, which solidified its position as the world's reserve currency.

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The US dollar became the world's dominant reserve currency after World War II, around the mid-20th century. In 1944, the Bretton Woods Agreement established the US dollar as the world's primary reserve currency and pegged other currencies to it, which solidified its position as the world's reserve currency.

The Bretton Woods Conference was a meeting of representatives of all 44 Allied nations in July 1944, during World War II. The Bretton Woods Agreement established a monetary system that provided stability and predictability to the global economy for several decades. It also established the IMF as a lender of last resort for countries facing balance of payments difficulties, and the IBRD as a source of financing for post-war reconstruction and development. Overall, the Bretton Woods Conference and its agreements helped to lay the foundations for the post-World War II global economic order and shaped the world's monetary system for several decades.

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The sceptic in me believes that "the long" game set in motion back in 1913 is slowly unwinding and coming to a head! Global turmoil and trust waining in the USD surly suggests that the death of the dollar$ ar reserve currency is coming to an end. This will be catastrophic for the everyday person that lives from paycheck to paycheck, yet the people in the know, who have been slowly diversifying out of US dollar denominated assets will see their generational wealth skyrocket as they benefit and the rest of us fail.

P.S. - buy gold and silver.

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