Bahrain Resident Exposes Hidden Tax Imposed by US Government Through Central Banks

Bahrain's central bank announced that it would keep interest rates unchanged, but a local resident argues that many people are unaware of the implications of this decision.

Karim Mansouri points out that inflation is a hidden tax imposed by the US government and ultimately controlled by the Federal Reserve, which he claims is a privately owned, for-profit institution.

Mansouri believes that the Federal Reserve Act of 1913 has given excessive power to this entity, allowing it to control the value of the US dollar. He suggests that nationalizing or repealing this act would be a step towards correcting this issue.