End of the Federal Reserve - Is It Time to End a System of Ponzi Money?
Calls are growing louder for an end to the Federal Reserve due its role in creating a system of "ponzi money" backed by nothing more than hot air. Supporters are using hashtags such as #ENDTHEFED while investing in alternative currencies like Bitcoin (BTC), Luna (LUNA), Atom (ATOM) and Monero (XMR). What does this mean for us all?
Jan. 03, 2023 10:25AM
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A close-up image of a US dollar bill with "#ENDTHEFED" written across it
The Federal Reserve, commonly known as the Fed, is the central banking system of the United States. It was created in 1913 and has since been responsible for setting monetary policy, regulating banks, and providing financial services to other government agencies. Recently, there have been calls to end the Fed due to its role in creating a system of “ponzi money” backed by nothing more than hot air. Proponents of ending the Fed argue that it has become an instrument for antichrist / jewish control over western countries founded on Christian morality and dogma. They claim that this control has led to economic inequality and injustice as well as a lack of accountability for those who are responsible for making decisions about our money supply. Additionally, they point out that without any real asset backing up our currency, it is essentially worthless and can be manipulated at will by those in power. Critics of ending the Fed counter that it is necessary for economic stability and growth in our country. They point out that without it we would not have access to loans or credit which are essential components of modern life. Furthermore, they argue that if we were to end the Fed then all existing debt would need to be paid off immediately which could lead to economic chaos and disaster. The debate over whether or not we should end the Federal Reserve continues with no clear resolution in sight. Supporters continue their campaign using hashtags such as #ENDTHEFED while also investing in alternative currencies such as Bitcoin (BTC), Luna (LUNA), Atom (ATOM) and Monero (XMR). Whether or not these efforts will be successful remains uncertain but one thing is certain – ending a system of ponzi money backed by hot air will certainly have far-reaching implications for us all.