J.P. Morgan is old money. John Pierpont Morgan was in on the birth of the creature we know as The Federal Reserve System, born circa 1913. Rob Kirby of kirbyanalytics.com details the chilling tale of just how powerful yet at the same time, just how shaky their present position is.
It is difficult to understand how an organization that essentially engineered a way to create money out of thin air, loan it to The U.S. and receive back ongoing interest since 1913, could be on shaky financial ground. We dig into the history, and the story in real time of J.P. Morgan Chase, the power behind “The Fed”. Mr. Kirby ties it all into the current economic “Crisis” and why all of this is not good news for we who use and save dollars.
And…and this is a huge issue, for retirement accounts etc. are pegged to the value of the dollar. You are counting on those dollars to retain its value in the years to come. This is where it gets spooky. Get a stiff cup of organic Joe and listen to Rob.
Also, Rob Kirby has provided you with a link up to written details of this reasearch in an article titled J.P. Morgan – Loving Their Handiwork for further understanding.
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