Woodrow Wilson signed into effect the Federal Reserve Act on December 23, 1913. And said the following just six years later.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit.We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”
- Woodrow Wilson 1919
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