Eustace Mullins “The Secrets of the Federal Reserve” Recorded during a visit to Hawaii around the year 1989, this lecture presents a unique opportunity for you to see and hear this remarkable man lay out the shocking truth about the privately-owned corporation known as the Federal Reserve System. ” The Federal Reserve System is not Federal; it has no reserves; and it is not a system, but rather, a criminal syndicate. It is the product of criminal syndicalist activity of an international consortium of dynastic families comprising what the author terms “The World Order”. The Federal Reserve system is a central bank operating in the United States. Although the student will find no such definition of a central bank in the textbooks of any university, the author has defined a central bank as follows: It is the dominant financial power of the country which harbors it. It is entirely private-owned, although it seeks to give the appearance of a governmental institution. It has the right to print and issue money, the traditional prerogative of monarchs. It is set up to provide financing for wars. It functions as a money monopoly having total power over all the money and credit of the people. ” -Eustace Mullins