The Fed Octopus

The Fed Octopus was predicted before the Federal Reserve was even formed. Such a prediction was bold, revolutionary and not believed at the time. Even a couple of decades ago, few people questioned the validity of the Fed and the role it plays in the economy.

Today, doubters are no longer unusual. The Fed is increasingly viewed with skepticism even by its former supporters and Board members. Unfortunately no one has a means of ending it that will not produce a collapse of the economy, the government and the century-old Ponzi scheme that has enriched government and bankers. However, like all Ponzi schemes, time and the finite number of suckers are enemies. Every passing day makes the actions of the Fed appear more fraudulent to more people. Every passing day moves the dollar (and all other fiat currency) closer to its nonacceptance by people. Every passing day moves the country closer to the inevitable collapse that the Fed has unwittingly engineered.

The Fed Octopus

The Fed is strangling the US economy and has been for more than a century. The Fed Octopus was depicted by an opponent to the Federal Reserve in 1912, prior to its formation. The man was Alfred Owen Crozier who had near perfect foresight as to what the Fed would become. Here is one of the illustrations from his book arguing against the formation of a central bank:

Senator Nelson Aldrich, a pawn of the financial barons of his day, is the one referred to in the “Aldrich Plan” (aka The Octopus).

Crozier’s prescience has only been validated by a century of exploitation and mismanagement by the Federal Reserve. Another of the illustrations from his book is the following:

To see other illustrations, see this post from Zerohedge.

To read Crozier’s book, which sold for 25 cents at the time, it is available for free on the internet. It is pictured below.

As an aside, 25 cents was meaningful before the creation of the Fed.