Insight - Dec. 2nd, 2022
Insight
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02-Dec-2022
Today on Insight, John and Josh Rosenstern discuss the Federal Reserve Bank and how the government created it, but is not a part of the federal government. It has never been fully audited and has dangerous directives. The Federal Reserve Bank raises and lowers interest rates, along with buying and selling in the market place. All of this affects our money supply. They control the money supply and they control employment. Brother John says our Central Bank’s decisions force changes across the world and has far too much power that impacts the world’s economies with their decisions. Brother Josh says they are supposed to answer to Congress, but rarely is there any outcome of a congressional hearing that results in any accountability. The Federal Reserve Bank is a facility, called the Window, and raises money available to Congress as a bank of sorts. The recent inflation report shows deficits are building, and America’s debt is now sitting at 31-trillion dollars. The employment rate is dropping, with only 61-percent of Americans working. Brother John says this is a huge problem when looking at Social Security payments going out in the future; those who are working fund social security, there is no pool of money to make these payments. At this rate, this system will be bankrupt in ten to twenty years.
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