Elastic Currency Is a Lie: How the Fed Rigged the Game for Big Banks

You’ve Been Lied To About Money. Here’s the Truth. Let’s start with a question most Americans have never thought to ask: Why do we even have the Federal Reserve? The official story says it was created to “furnish an elastic currency”—a fancy way of saying the money supply should be able to expand or contract depending on what the economy needs. Sounds reasonable, right? In practice, though, this was nothing more than a cover story crafted by Wall Street to grease the wheels of banking profits. Here’s the hard truth: the U.S. economy has never needed an “elastic” currency. What it does need is honest money—something our current system destroyed over a century ago. Elastic Currency: A Scam from Day…