The U.S. Federal Reserve: The Highest Form of Corruption

Corruption is a term that refers to the abuse of one’s official position for personal gain. The official definition of corruption is “dishonest or fraudulent conduct, undertaken by a person or an organization, which is entrusted in a position of authority, in order to acquire illicit benefits.” The role of the Federal Reserve System, i.e. the central bank of the United States and, de facto, the whole world, is one of the most frequently avoided topics for public discussion (on Wikipedia, when you click on the link “criticism of the Fed,” a blank page appears...). Could it be because this outwardly respectable body is the ‘slush fund’ of global financial capital and the main tool of corruption and outright robbery. The Fed was created in 1913 at the initiative of New York bankers in response to a series of financial market panics as the headquarters and ‘project office’ of the financial oligarchy – a quasi-governmental, independent, and extra-constitutional body that was governing the country (and now the whole world) by managing money. Since then, it has been run by unelected people (a board of governors) who in the past were selected based on the criterion of wealth and power, and currently according to the criterion of ‘trust’ of the financial elites. The Fed’s corruption involves a group of individuals usurping and using the monopoly power of money management through the unrestricted theft of economic rent from the vast majority of the world’s population. In this sense, US officials who do not prevent corruption at the Fed are complicit in it. What does the Fed corruption machine look like if you remove the canopy of academic verbiage and media PR? How are they able to rob people in this manner? What is the future of the Fed? What should the rest of the world do to break away from the dictates of the US financial monopoly?