A cartel of privately owned banks called the Federal Reserve Bank - 'reserve' in its name serves only one purpose that is to create a false impression that this is not a privately owned entity but US government owned, and most Americans don't know about that, which is no surprise, at least to me...
Someone once said that if American people had known how this whole scheme works and what are the implications of it for the economy, inflation and declining standards of living in the US and elsewhere, then there would be many millions of Americans on the street protesting....
In the clip below, Bernstein plays dumb, in my opinion, and struggles to answer a question (that he didn't see coming) put to him by a well know prof. of finance/economics. Richard Wolff later explains how its done - not much too it, really...
Watch Biden Economic Advisor’s HILARIOUS Fail Over Basic Money Question
