The History of the Federal Reserve

Woodrow Wilson was the newly elected president and on the evening of the 23rd of December when most congressmen had already left for Christmas holidays. Well, Wilson rushed the Federal Reserve to act through an almost empty senate. The Fed now had the exclusive power to print America's money. Meaning the government had given away its power to control their own economy to a private institution. Yes, you heard that right. The Federal Reserve is not federal at all. It is a private institution controlled by the most powerful bankers in America.