Before bitcoin and maybe part of the reason for Bitcoins popularity is that the US Dollar has been the worlds reserve currency for seventy years. In any explanation of the US Dollar, you will encounter the the organization that is at the heart of the US dollar - The Federal Reserve Banks.
The story of the Federal Reserve is one of deceipt and secrecy. The people of the US could never be told that they were handing a license to print money to Banking elites. Having created money out of thin air the banking elites then have the Federal Reserve loan that money to the Government at interest!
Surely if the people of the US only knew back in 1913 what these bankers were hatching, a century of boom and bust economics and Government indebtedness would've been avoided. But the worst part, for the privelege of printing this money from thin air and loaning it at interest, the banking elites wanted one more thing. They forced through social security numbers for every American and created the IRS. Effectively ensuring that every American worker would by tax, pay them this debt and interest they created from nothing!
Even the settinng up of the Fed was cloaked in secrecy and conspiracy. JP Morgan, the infamous monopolist and agent of the Rothschild families of England and Europe was the US de-facto central bank, having offered to stabilise the currency during a number of fake money shortages, he himself created leading up to 1913.
Strauss. Guggenheim. Astor.
Then there was the strange case of Jacob Astor, in 1912 reputed to be the richest man in the world. Astor, Benjamin Guggenheim and Isa Strauss, a formidable block of sheer mountains of wealth, all opposed the idea of a Central bank. Legend has it, that a number of complex disputes had arisen between the European moneyed elites and the new American tycoons. With America becoming the economic powerhouse of the new world, it was time to put the old world family money elites in their place.
A delegation of American wealth travelled to London, including JP Morgan, Astor, Guggenheim and Strauss.Disputes were resolves and debts repaid and forgiven. Most importantly, the Rothschilds and the Europeans were told in no uncertian terms to leave the US economy alone. The days of manipulating cash to create shortages one day or inflation the next were over. The Americans laid down the law. They hadn't counted on one of their own being a traitor. JP Morgan by 1912 was in poor health and was effectively an agent of Rothschild influence.
JP Morgan was a major shareholder in the White Star Line and he suggested the Americans all return home via their newest and most luxurious palace afloat the Titanic. The odd thing was, once the Astor, Guggenheim and Strauss parties were safely aboard in Southampton, and the Titanic was ready to sail on her maiden voyage to New York, JP Morgan called to offer his apologies, due to sickness he cancelled and did not arrive to board. Industrialist Henry Clay Frick and his wife, banker Horace J. Harding and billionaire George Washington Vanderbilt - all connected to Morgan, were amongst several other prominent figures who cancelled at the last minute.
As history records, the Titanic hit an iceberg. As it was slowly filling with icy water it was realised that the lifeboats were nowhere near the numbers aboard. Only white flares had been provided, which signal all is well. The SS California sailing within a mile or two, instead of helping to pick up those in lifeboats and allowing them to be refilled, sailed off after seeing the white flares. Strangely enough, JP Morgan owned the SS Califrnia as well. As custom of the time dictated women and children first, Astor Guggenheim and Strauss, went down with the ship. It almost seemed as if luck was against them that night. Only white flares, too few lifeboats, speeding into an iceberg.
Strangely enough JP Morgan was spotted the next day in good health in the South of France. Many years later rumours spread that the Titanic sinking had been very convenient for JPMorgan. All of the opponents of the Fed were gone. Plus, in quirk of fate, Titanic's sister ship the Olympic had a collision with a naval vessel and suffered terrible damage to the hull, the insurer refusing to cover the accident. Whispers around the shipyard and in certain circles began to suggest that perhaps the compromised Olympic hull had become the Titanic and been sent to the bottom of the Atlantic along with the opponents of the Fed. Allowing JP Morgan and White Star lines to collect a massive insurance payout on the Titanic. If true, a scheme beyond evil in it's genius.
Neverthe less a year later JP Morgan was dead. A further six months later and President Wilson pushed through the Federal Reserve Bill on Christmas Eve 1913 while many members of Congress had left Washington to go home for Christmas. A fitting deception that enabled the greatest deception on the peoples of the United States. A private Central Bank, a fiat currency, Government spending as debt and voters now taxed for their labours as a result. Now 104 years of deceipt. President Trump may well be the right man at the right time to put an end to the Federal Reserve once and for all...