Do you believe there is a central banking conspiracy?

DonP

New member
Jul 12, 2008
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Is there any good websites to get factual info on this (not a bunch of yahoo's talking about aliens and cell phone towers controlling our brains and stuff like that)
 
Its not a conspiracy.....just wikipedia "fiat currency" look it up look up "federal reserve" also.....basically summing it up



Some rich bankers got together in 1913 and decided to make the Federal Reserve....President Woodrow approved it into law because before that the currency was backed buy gold and the economy was thriving....the problem was that the government wasnt benifiting...so it gave control of the currency to the Federal Reserve (the government doesnt make our money the Federal Reserve does and their an independent entity)....and used the new currency to tax the people.....The Federal Reserve basically makes money out of thin air (with no gold backing) and charges the US Government intrest on it....thats why when the economy is really doing bad the Fed. Reserve lowers the intrest rates...the theory behind it being the Government would then borrow more money to help the economy.....the problem behind this is that:

1. The Federal Reserve bank does nothing but print money and get payed in full PLUS Interest and dictate the market....if they want to limit inflation they will raise the interest rates hoping that the US government will curb its spending...

2. It Fuels Inflation......Inflation is barely noticable when the currency is backed by gold or silver

3. It dictates the direction of wealth.....

4. It garentees that the rich pay the least for goods and the poor pay the most (theoretically if the government buys 1000000 pieces of wood for 2 bucks each the market would then reckognize that there is more money in the economy then raise the price of wood for the poor sucker who ends up buying a piece of wood for 6 bucks a week later)
 
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