Wasn't the federal reserve supposed to prevent Economic crisis?
Back in 1907 there was a run on banks because of a news paper articals saying that a prominate bank in New york fell. And people ran to the banks to TAke Their GOLD OUT... Yes before 1913 you could take the gold out, exchange your American 'Dallor' for gold... Why do we still have the false system in play????
We were told that this system 100 years ago (about) that it would prevent us from going under but lets look at what happened...Great depression 1929... The resession of 76 and 87 and early 90s and now..... Before the Federal reserve existed we never had a problem with our money or our banks or our economy... WHY DONT WE GO BACK TO THE GREEN BACK OR GO BACK TO ANDREW JACKSONS TIME! Banks are controlling us... DOES A MARGEN LOAN SOUND FORMILAR? yeah sounds like a morgage for houses the banks have scammed america again... WHY ARE THEY STILL IN POWER ?!?!
We did have trouble with our banks and money back when. and one of the worst times in our economic history followed the bank panic of 1837 .
http://www.visualizingeconomics.com/2008/05/27/us-inflation-annual-percent-change-1774-2007/