Assets Quote by Eustace Mullins
“The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.”
About This Quote
Source Book: The Federal Reserve Conspiracy by Eustace Mullins, 1995
The quote claims that the Federal Reserve’s growth transferred wealth to its private shareholders, implying a profit‑driven motive behind monetary policy.
In simple terms: Fed growth allegedly benefited private owners.
Question the motives behind central banking.
Themes
Mood
Type
When to use this quote
- financial analysis
- policy debate
- academic research
Key Concepts
Questions to Reflect On
- What evidence supports this view?
- How do central banks balance public and private interests?
The claim may oversimplify complex monetary mechanisms and ignore broader economic factors.