@Justicar I have a photo somewhere of some austic fuck who listed all their kick outs with time periods reasons and sources
@Justicar @VooDooMedic Charging interest is haram, but they can still loan money to people via premium contracts and other such instruments. See here: https://www.investopedia.com/articles/07/islamic_investing.asp
@VooDooMedic I'd like to mention that the United states had attempted several times to create central banks:
* Bank of North America: charter repealed in 1785 due to corruption.
* First Bank of the United States: Charter not renewed before the war of 1812.
* Second Bank of the United States: Charter expired in 1836 under Andrew Jackson's refusal to renew it.
@VooDooMedic
* The 1863 National Banking Act created the precursor to what would be the Fed, and implemented many practices such as a uniform national currency with bank notes, which were different from the paper money the treasury issued, backed by government debt rather than precious metals.
@VooDooMedic
Then in 1913 under the recommendations of a Republican-led commission a fellow by the name of Woodrow Wilson signed a bill creating the Federal Reserve System to create a centralize bank to control the regional Federal Reserve banks.
@VooDooMedic Hold up... I accidentally cut this little tidbit when trying to swap out the long-form text, and I'm sure you'd not want to miss this:
In 1907, there was a major financial panic which had a great number of causes. (Just search for "Panic of 1907".) One response was put forward by Paul Warburg and Jacob Schiff articles and speeches advocating for a central bank which was supported by multiple other influential bankers.
Warburgs are Jewish there is a lot of info on them on wikipedia
People have told me Schiff family are Jewish and connected with Trump but I know less about them
A Warburg family member funded Hitler then most of them fled to the USA after one of them funded Hitler
@VooDooMedic i have not looked into it but i think the main reason they got kicked out of all countries was debt - their main weapon. Even in Mesopotamia, i think in the first ten days of new year the debts were wiped off. And I think even muslims today cannot issue debt to their own. And i think modern jews cannot borrow from their own either. So it seems only christians got fucked.