On this day in history:Federal Reserve Act

 

President Wilson signed the Federal Reserve Act into law on Dec. 23, 1913, creating an entity dedicated to monopoly private bank profits.

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3 responses to “On this day in history:Federal Reserve Act

  1. Reblogged this on California Freelance Paralegal and commented:
    The Federal Reserve Act was signed into law on December 23, 1913 by President Woodrow Wilson. In my personal opinion, December 23, 1913 is a day that will live in infamy as the Federal Reserve is neither Federal, nor a reserve. As many researchers have pointed out, it is a private for-profit bank.

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