In this report, I cover the early market action from London on Wednesday, September 18th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.
Today I look into the Federal Reserve as an institution and how some tried to stop it in its early days just over one hundred years ago.
Yesterday the Federal Reserve stepped in to help Wall Street for the umpteenth time and this time it was in the repo market. The NY Fed injected over $50 billion to calm the system of funding on Wall Street. So over a decade on from the Crisis of 2008 very little has changed and what happened yesterday goes to show how nothing has been done to reform or fix the system.
So with that in mind today I look at a man who actually tried to impeach the Board of Governors back in 1917 but unfortunately was not successful. Charles Lindbergh Sr's son, of course, is the famous aviator who made the first solo flight across the Atlantic back in 1927. His father though fought a good fight to expose the unconstitutional nature of the Federal Reserve Act.
My conclusion today is that we need to keep informing people about the true nature of Central Banks and keep highlighting people like Lindbergh Sr who have been buried from mainstream history. It's interesting but not surprising that when children are taught about Charles Lindbergh, the aviator, nothing is said about his father's fight against the Federal Reserve.
"Charles A. Lindbergh Sr. – Articles of Impeachment Against The Federal Reserve Board" : https://kryspawareness.wordpress.com/2013/02/12/charles-lindbergh-sr-articles-of-impeachment-against-the-federal-reserve-board/
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