Posted on 08/31/2009 7:39:04 AM PDT by Leisler
In other words, the value of the dollar remained extremely stable for 150 years, the Fed was created in order to "stabilize the value of the dollar," and the result has been a 95% devaluation of the dollar in less than 100 years following its creation.
(Excerpt) Read more at tcsdaily.com ...
Exactly thank you for posting this.
Nice chart. It represents the transfer of wealth from the American people to bankers, the Fed and borrowers in general. This is simply theft on a grand scale and it continues today. It is, IMHO, about to accelerate in order to support the wild spending spree that Obama and the Dems have launched and as an obvious mechanism for bailing out the banks. When that $150,000 house of yours becomes worth $1,000,000 then all of those crappy loans will look just fine. Of course your new Ford will cost you $250,000 and penny candy that became dollar candy will become 10 dollar candy. Would you pay $10 dollars for a Snickers bar? Get ready, it’s coming soon to a 7-11 near you.
Centralized money creation, or value destruction, or debt production industries favor a incestuous elite that get first dibs ( for the children, naturally ) on money distribution.
We are in a foggy wilderness of fiat money, debt production, inflation, deflation, stimulus all pulling and pushing the lives, fortunes and property of citizens around like so many chess pieces at a hundred year long drunk party.
A few are in, the rest of the vast majority, outside.
Its time the peasants stormed this Versailles of paper money creation.
Thanks for posting.
I am going to give you the elites counter argument.
Trust us. Because.....( fill in blank ) we’re smarter, we ‘know’( except when we don’t, and don’t remind us )......and so forth.
Great post
“It represents the transfer of wealth from the American people to bankers, the Fed....”
I agree with you.
However, the FedRes is a consortium of international bankers.
They ‘loan’ us the ‘money’, in order to control the world’s markets, to ensure they stay rich.
The Money Masters - How International Bankers Gained Control of America.
Thank you I have seen it many times I hope others will watch it too
http://blogtalk.vo.llnwd.net/o23/shows/show_668436.mp3
Goes back to this . . . listen to this podcast and become informed. In 1913, the laws changed and the USofA became a “corporation” and not a democratic republic. We have been pwned by the banking cartel and the aristocracy and oligarchy beginning in 1913.
Google Rodney Glass and Joyce Rosenwald after you listen to the above.
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