Eustace Mullins: Secrets Of the Federal Reserve
Posted: Mon Apr 21, 2025 5:54 pm
Eustace Mullins: Secrets Of the Federal Reserve
Description
Perhaps Mullins' most important book is "Secrets of the Federal Reserve". In it, Mullins argued that there was a conspiracy among Paul Warburg, Edward Mandell House, Woodrow Wilson, J.P. Morgan, Benjamin Strong, Otto Kahn, the Rockefeller family, the Rothschild family, and other European and American bankers which resulted in the founding of the U.S. Federal Reserve System. He argued that the Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph 5 of the United States Constitution by creating a "central bank of issue" for the United States. Mullins went on to claim that World War I, the Agricultural Depression of 1920, the Great Depression of 1929 were brought about by international banking interests in order to profit from conflict and economic instability. Mullins also cited Thomas Jefferson's staunch opposition to the establishment of a central bank in the United States.
In the 1983 edition of his book, he argued that Kuhn, Loeb & Co. and the House of Morgan were fronts for the Rothschilds. In this edition, he also outlined how financial interests connected to the J. Henry Schroder Company and the Dulles brothers financed Adolf Hitler. He also alleged that the Rothschilds were world monopolists. He furthermore claimed that most of the Federal Reserve was controlled via the City of London due to the fact that controlling interest in the Fed was from de facto or de jure subsidiaries of City of London Banks.
In the last chapter of the book, he noted various Congressional investigations, and criticized the immense degree of power that these few banks who owned majority shares in the Federal Reserve possessed. A central theme of Mullins' book is that the Federal Reserve allows bankers to monetize debt, creating it out of nothing by book entry, and thus they have enormous leverage over everyone else. Near the end of the book, he said of the Federal Reserve:
“The Federal Reserve System is not Federal; it has no reserves; and it is not a system, but rather, a criminal syndicate. It is the product of criminal syndicalist activity of an international consortium of dynastic families comprising what the author terms "The World Order". The Federal Reserve system is a central bank operating in the United States. Although the student will find no such definition of a central bank in the textbooks of any university, the author has defined a central bank as follows: It is the dominant financial power of the country which harbors it. It is entirely private-owned, although it seeks to give the appearance of a governmental institution. It has the right to print and issue money, the traditional prerogative of monarchs. It is set up to provide financing for wars. It functions as a money monopoly having total power over all the money and credit of the people."
Link1:
https://yandex.com/video/touch/preview/ ... 4515227627
Link 2:
https://youtu.be/bO4cq-1qpaU?si=XQU7iXRTDT20pJOu
Description
Perhaps Mullins' most important book is "Secrets of the Federal Reserve". In it, Mullins argued that there was a conspiracy among Paul Warburg, Edward Mandell House, Woodrow Wilson, J.P. Morgan, Benjamin Strong, Otto Kahn, the Rockefeller family, the Rothschild family, and other European and American bankers which resulted in the founding of the U.S. Federal Reserve System. He argued that the Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph 5 of the United States Constitution by creating a "central bank of issue" for the United States. Mullins went on to claim that World War I, the Agricultural Depression of 1920, the Great Depression of 1929 were brought about by international banking interests in order to profit from conflict and economic instability. Mullins also cited Thomas Jefferson's staunch opposition to the establishment of a central bank in the United States.
In the 1983 edition of his book, he argued that Kuhn, Loeb & Co. and the House of Morgan were fronts for the Rothschilds. In this edition, he also outlined how financial interests connected to the J. Henry Schroder Company and the Dulles brothers financed Adolf Hitler. He also alleged that the Rothschilds were world monopolists. He furthermore claimed that most of the Federal Reserve was controlled via the City of London due to the fact that controlling interest in the Fed was from de facto or de jure subsidiaries of City of London Banks.
In the last chapter of the book, he noted various Congressional investigations, and criticized the immense degree of power that these few banks who owned majority shares in the Federal Reserve possessed. A central theme of Mullins' book is that the Federal Reserve allows bankers to monetize debt, creating it out of nothing by book entry, and thus they have enormous leverage over everyone else. Near the end of the book, he said of the Federal Reserve:
“The Federal Reserve System is not Federal; it has no reserves; and it is not a system, but rather, a criminal syndicate. It is the product of criminal syndicalist activity of an international consortium of dynastic families comprising what the author terms "The World Order". The Federal Reserve system is a central bank operating in the United States. Although the student will find no such definition of a central bank in the textbooks of any university, the author has defined a central bank as follows: It is the dominant financial power of the country which harbors it. It is entirely private-owned, although it seeks to give the appearance of a governmental institution. It has the right to print and issue money, the traditional prerogative of monarchs. It is set up to provide financing for wars. It functions as a money monopoly having total power over all the money and credit of the people."
Link1:
https://yandex.com/video/touch/preview/ ... 4515227627
Link 2:
https://youtu.be/bO4cq-1qpaU?si=XQU7iXRTDT20pJOu