Wealth by Stealth

America's Trojan Horse

Nonfiction, Social & Cultural Studies, Political Science, Business & Finance
Cover of the book Wealth by Stealth by Rolf Hackmann, Trafford Publishing
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Author: Rolf Hackmann ISBN: 9781490713458
Publisher: Trafford Publishing Publication: October 10, 2013
Imprint: Trafford Publishing Language: English
Author: Rolf Hackmann
ISBN: 9781490713458
Publisher: Trafford Publishing
Publication: October 10, 2013
Imprint: Trafford Publishing
Language: English

The text explores the changes in Americas internal power structure after the establishment of the Federal Reserve System in 1913. It acts as the central bank of the country but is a foreign body by its origin, conduct, and lack of normal affiliation with the constitutional bodies of power: Congress, Government, and the Judicial. It allows the institution to openly ignore the formal mandates given it by the Federal Reserve Act of 1913, allowing it to act independently and without accountability for its acts and their consequences. By all evidence, it is the ruling power of the country in domestic and also foreign matters. Its independence in policy setting and implementation has put it on a direct collision course with its historic purpose, yet without any official inquiries or questions asked. Its imperial behavior leaves the proud and powerful American nation in a status equal to a colony of its former British masters.

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The text explores the changes in Americas internal power structure after the establishment of the Federal Reserve System in 1913. It acts as the central bank of the country but is a foreign body by its origin, conduct, and lack of normal affiliation with the constitutional bodies of power: Congress, Government, and the Judicial. It allows the institution to openly ignore the formal mandates given it by the Federal Reserve Act of 1913, allowing it to act independently and without accountability for its acts and their consequences. By all evidence, it is the ruling power of the country in domestic and also foreign matters. Its independence in policy setting and implementation has put it on a direct collision course with its historic purpose, yet without any official inquiries or questions asked. Its imperial behavior leaves the proud and powerful American nation in a status equal to a colony of its former British masters.

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