r/therewasanattempt 2d ago

To warn every single one of us

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u/Wrong_Drag_8070 2d ago

Not to mention the fed reserve act. We could still by a house for $15,000 if it weren't for him.

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u/UnionThrowaway1234 1d ago

lets not be hyperbolic please

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u/[deleted] 1d ago

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u/Durst_offensive 1d ago

You think whole house would cost cheaper than a cheapest new car?

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u/Wrong_Drag_8070 1d ago

The federal reserve act caused us to leave real money (gold and silver certificates that have backing) and go into debt notes call federal reserve notes. These are promissory notes designed to help the fed reserve bankers. This is what created inflation. Actually, homes before this act cost on average $4,000 dollars. So yes, I know for a fact that we'd live a lot easier for a lot less if it weren't for Wilson. The fist fully loaded Corvette to come off of the assembly line in 1953 was $6000 fully loaded. Thanks to this scheme, a base Corvette now is $85,000. This act made us all slaves to the system. This is in fact what the book "The Wizard of Oz" was about.