Thatone said:
What's your point? So the Fed is trying to ruin the country with monetary policy for fun?
For fun?
No.
In a broad sense, they're trying to run the planet.
Our nation is controlled by its system of credit.
Our system of credit is is controlled by the FED, a privately owned and operated bank.
The FED has usurped the government.
The FED is a Central Bank, an institution that produces the currency of this entire nation.
Two specific powers are inherent in central banking practice.
1. the control of interest rates, and
2. the control of the money supply, or inflation.
The FED does not simply supply our economy with money, it loans it to the US
at interest.
Then, through the use of increasing and decreasing the money supply, the central bank regulates the value of the currency being issued.
It is critical to understand that the entire structure of this system can only produce one thing in the long run:
debt.
It doesn't take a lot of ingenuity to figure this scam out.
If every single dollar is produced by the FED, that means every single dollar produced is actually the dollar plus a certain percent of debt based on that dollar. (interest)
And since the FED has a monopoly over the production of the currency for the entire country, and they loan each dollar out with interest or immediate debt attached to it, where does the money to pay for the debt come from?
It can only come from the central bank again.
Which means the central bank has to perpetually increase its money supply to temporarily cover the outstanding debt created.
Which in turn, since that new money is loaned out at interest as well, creates even more debt!
The end result of this system without fail is a government in shackles to the Central Bank. Slavery.
For it is impossible for the government and thus the public, to ever come out of the self-generating debt.
The US government is the most completely controlled and dominated government in the civilized world.
And most people have no idea or just refuse to believe it, and that they've conditioned the public to think this way through the useless bickering of the democratic and republican parties.
This is no longer a government run by people's free opinion, conviction, and the vote of the majority.
It's a government run by the opinion and duress of small groups of dominant men. (the men that own the Federal Reserve Bank)
And they intensionally bring about economic conditions of despair so they can buy up property and businesses for pennies on the dollar.
M.A. Rothschild said:
"Give me control of a Nation's money supply, and I care not who makes its laws."
Thatone said:
You really think the gold standard is better?
The Federal Reserve bankers decided that the Gold Standard should be removed.
In order to do this, they needed to acquire the remaining gold in the system.
So, under the pretense of helping to end the depression of the late 20's came the 1933 gold seizure.
Under threat of imprisonment for 10 years, everyone in America was required to turn in all gold to the Treasury.
Essentially robbing the public of what little wealth they had left.
At the end of 1933, the gold standard was abolished.
If you look at a dollar bill from before 1933, it says it is redeemable in gold.
If you look at a dollar bill today, it says it is legal tender, which means it is backed by absolutely nothing.
It is worthless paper.
The only thing that gives this paper value is the amount of it in circulation.
So yea, I'm for the gold standard.