Henry Ford Opposed The Creation Of The Fed, What Would He Say Now?
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Back in the day, famed car manufacturer Henry T. Ford spoke out against the creation of a central US bank and was then promptly murdered by JP Morgan on the Titanic.
Jks.
But Ford did have his newspaper, The Dearbord Independent, write that the Federal Reserve System was “a system of private banks [that heradled] a creation of a banking aristocracy.”
Yeah, but he also didn’t like anyone who drove a red car, so what does he know?
God, could you imagine private financial interests running newspapers and such? So glad that doesn’t happen today.
Ford also commented that, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Haha, what a joker. Yes, we’ve come a long way since Ford’s time. The Fed is now a cornerstone of the US economy, along with the gold reserve, and my regular credit card repayments, which I definitely do.
Meanwhile, Henry Ford died penniless and isn’t remembered for anything.
But his legacy lives on! Ford’s sentiment has echoes in current US President Donald J. Trump thinking. Trump has recently spoken out against the Fed and its chair, saying that, “I don’t think it good,” probably, idk, I don’t read the news.
But what do you think? Is the Fed really just a private bank designed to divest money from individuals and businesses and move control into the hands of big government? Or do you disagree?
Let us know in the comments!
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