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US Federal Reserve Bank

There is much ado about, well, much about the United States Federal Reserve bank. As the saying goes, if the United States sneezes the world catches a cold. Whatever the US Federal Reserve decides or wherever it falters influences the world. At least until this decade when the balance of economic power shifted from the West to the East.

The Fed, as it is known, is often the subject of conspiracy theories and much derided because of the secrecy of operation of the organization. Some believe the management of the organization to be responsible for the assassination of President John F. Kennedy in 1963 because of his Executive Order 111110, designed to curb the power of the Fed executives or even break up the bank.

Albeit a product of conspiracy or not, the history of the Federal Reserve bank is well studied and its purpose and role in society is well debated.

The documentary “Money, Banking and the Federal Reserve” offers an indepth look at the history of the Fed and addresses many questions surrounding the Fed’s real strategy. As the producers mention, “Alan Greenspan is not, we’re told, happy about this 42-minute blockbuster. Watch it, and you’ll understand why.”

09/27/2011, Category: money. Tags: , .

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