“Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.”
Louis Thomas McFadden
Louis Thomas McFadden was a U.S. Congressman in the 1930s known for his strong criticism of the Federal Reserve and his advocacy for financial reforms.
This quote unveils the hidden power of private financial institutions and calls for critical reflection on the control over economy and politics.
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Louis Thomas McFadden: Exposing the Fed – The Greatest Crime Against the USA
Louis Thomas McFadden exposes the hidden power of the Federal Reserve as a private monopoly controlling the USA. A powerful historic quote.
Louis Thomas McFadden (1876–1936) was a Republican U.S. Congressman from Pennsylvania who served in the 1920s and 1930s. He was the chairman of the House Committee on Banking and Currency and a vocal critic of the Federal Reserve's influence on the US economy and politics.
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