The Ugly Truth about Money
Money, as it is known, is no longer. Its value erodes with each passing day. Central banks around the world print money without the necessary reserves to back their currency. This practice is temporarily calming and conveniently called “quantitative easing” as in “easing the pain in a failing economy”.
The Fed
The most powerful and influential central bank is the Federal Reserve Bank of the United States.
Contrary to popular belief the “Fed”, as it’s commonly known, is not a fully-fledged government institution or department…