Democratic (socialist/fascist) President Carter signs the Depository Institutions Deregulation and Monetary Control Act, subjecting all commercial banks in the nation to the control of the Federal Reserve Board of Governors, the Federal agency that oversees the privately owned Federal Reserve System of (central) Banks, regardless of whether or not they are members of the FRS. The act also permits the FRScBs to purchase foreign debt, thus propping up dictatorships around the world.
[restored 11/24/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
The Federal Reserve and you
endthefednc.wordpress.com/
Subprime crisis impact timeline – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Subprime_crisis_impact_timeline
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html
Current U.s. National Debt:
