--- title: "2 Banking system Quotes By Louis Thomas McFadden" description: "2 Banking system quotes by Louis Thomas McFadden. Plus more from Louis Thomas McFadden and more Banking system sayings from other authors." image: "https://sms4smile.com/quotes/i/ea7/louis-thomas-mcfadden-41781_acting_when-the-federal-reserve-act-was-passed_751247.jpg" --- > [When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the…](https://sms4smile.com/quotes/louis-thomas-mcfadden/when-the-federal-reserve-act-was-passed-the-people-of-these-united/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) [Image](https://sms4smile.com/quotes/i/ea7/louis-thomas-mcfadden-41781_acting_when-the-federal-reserve-act-was-passed_751247.jpg) > [The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements…The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-bank-of-new-york-is-eager-to-enter-into-close/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) [Image](https://sms4smile.com/quotes/i/928/louis-thomas-mcfadden-41781_active_the-federal-reserve-bank-of-new-york-is_3075522.png) ## Other authors on Banking system - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-adnan-pachachi-9524.jpg) Kenneth C. Griffin 5 quotes ](https://sms4smile.com/quotes/about/banking-system/kenneth-c-griffin/) ## More by Louis Thomas McFadden > [Some people think the Federal Reserve Banks are United States Government Institutions. They are private credit monopolies which prey upon the people of the…](https://sms4smile.com/quotes/louis-thomas-mcfadden/some-people-think-the-federal-reserve-banks-are-united-states/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set…](https://sms4smile.com/quotes/louis-thomas-mcfadden/when-the-federal-reserve-act-was-passed-the-people-of-these-united/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-is-one-of-the-most-corrupt-institutions-the-world/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This…](https://sms4smile.com/quotes/louis-thomas-mcfadden/we-have-in-this-country-one-of-the-most-corrupt-institutions-the/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [ It \[the depression\] was not accidental. It was a carefully contrived occurrence worked out as one works out a mathematical equation. The international bankers… ](https://sms4smile.com/quotes/louis-thomas-mcfadden/it-the-depression-was-not-accidental-it-was-a-carefully-contrived/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people…](https://sms4smile.com/quotes/louis-thomas-mcfadden/some-people-think-the-federal-reserve-banks-are-us-government/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-truth-is-the-federal-reserve-board-has-usurped-the-government-of/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up…](https://sms4smile.com/quotes/louis-thomas-mcfadden/mr-chairman-when-the-fed-was-passed-the-people-of-these-united-states/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements…The conclusion is impossible to…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-bank-of-new-york-is-eager-to-enter-into-close/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [Open the books ... and you will be staggered to see how much American money has been taken from the United States Treasury for…](https://sms4smile.com/quotes/louis-thomas-mcfadden/open-the-books-and-you-will-be-staggered-to-see-how-much-american/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/#itemlist", "name": "2 Banking system Quotes By Louis Thomas McFadden", "numberOfItems": 2, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!", "creator": { "@type": "Person", "name": "Louis Thomas McFadden" }, "url": "https://sms4smile.com/quotes/louis-thomas-mcfadden/when-the-federal-reserve-act-was-passed-the-people-of-these-united/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ea7/louis-thomas-mcfadden-41781_acting_when-the-federal-reserve-act-was-passed_751247.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ea7/louis-thomas-mcfadden-41781_acting_when-the-federal-reserve-act-was-passed_751247.jpg", "url": "https://sms4smile.com/quotes/i/ea7/louis-thomas-mcfadden-41781_acting_when-the-federal-reserve-act-was-passed_751247.jpg", "width": 1080, "height": 1080, "caption": "“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world…” — Louis Thomas McFadden", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements…The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States…The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.", "creator": { "@type": "Person", "name": "Louis Thomas McFadden" }, "url": "https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-bank-of-new-york-is-eager-to-enter-into-close/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/928/louis-thomas-mcfadden-41781_active_the-federal-reserve-bank-of-new-york-is_3075522.png", "contentUrl": "https://sms4smile.com/quotes/i/928/louis-thomas-mcfadden-41781_active_the-federal-reserve-bank-of-new-york-is_3075522.png", "url": "https://sms4smile.com/quotes/i/928/louis-thomas-mcfadden-41781_active_the-federal-reserve-bank-of-new-york-is_3075522.png", "width": 1080, "height": 1080, "caption": "“The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for…” — Louis Thomas McFadden", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/#webpage", "url": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/", "name": "Banking system Quotes by Louis Thomas McFadden", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/ea7/louis-thomas-mcfadden-41781_acting_when-the-federal-reserve-act-was-passed_751247.jpg" }, "description": "2 Banking system quotes by Louis Thomas McFadden. Plus more from Louis Thomas McFadden and more Banking system sayings from other authors.", "breadcrumb": { "@id": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/#breadcrumb" } }, { "@type": "BreadcrumbList", "@id": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Topics", "item": "https://sms4smile.com/quotes/categories/" }, { "@type": "ListItem", "position": 4, "name": "Banking System", "item": "https://sms4smile.com/quotes/about/banking-system/" }, { "@type": "ListItem", "position": 5, "name": "Louis Thomas McFadden", "item": "https://sms4smile.com/quotes/about/banking-system/louis-thomas-mcfadden/" } ] }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```