Senate Sponsor Exposes The Real Reason For The Fed

Robert Latham Owen was a part-Cherokee Democratic Senator from Oklahoma between 1907 and 1925 who (ironically) championed efforts to strengthen public control of government.

He is, however, best-known as a co-sponsor of a bill that would change the world forever - The Federal Reserve Act of 1913 (which enabled the Federal Reserve System).

Writing later in his life, he reflected (as so many political leaders do once they leave office) on the real reason for the Federal Reserve Act...

From Robert Latham Owen's "National economy and the banking system of the United States"

 

 

...Funding War!


h/t @RudyHavenstein

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