The Federal Reserve is fundamentally a scam, run by big international and foreign banksters.
By Daniel at 23 November, 2009, 9:22 am
They have monetary diarrhea because it benefits the big banks, right at this moment, to have that. The actions of the Fed have absolutely NOTHING to do with the best interest of the people of the U.S.A., or, for that matter, small to medium sized financial institutions. It is all about the big international casino operators who have some characteristics of, and are now completely disguising themselves as “banks”. I am talking about Goldman Sachs, JP Morgan, Morgan Stanley, BAC-Merrill Lynch, Royal Bank of Canada, etc.
The common people and smaller domestic oriented financial institutions would be far better off suffering the depression that the Fed created, than to suffer the hyperinflationary depression they are now in the process of creating. We need honest money in America. Until we get that, we will have economic instability of one kind or another.
Unless the Fed is eliminated, we will not get honest money. Instead, we will continue to see speculators and gamblers rewarded by a transfer of wealth from innocent savers and retirees. We will continue to see this blatent theft, accomplished through the medium of currency devaluation, and we will continiue to see an economy reminiscent of George Orwell’s 1984, as the banksters create false rallies, to benefit their pocketbooks, with the Fed slush funds standing behind them.
We will continue to have huge booms and busts, with volatility greatly exaggerated to mint profits for the internationally oriented banks in New York and overseas until we stop the abuse that stems from this horrible organization. It has been so since 1913, and will continue until the organization has been closed.
The Fed created the environment that caused the Great Depression. Even Ben Bernanke has admitted that. They also created the environment that caused the Tech Boom and subsequent crash in the late 1990s. They created an environment of low rates, and rampant speculation, that caused the Financial Crisis, as they reacted to help banks after the Tech Crash. They created every big boom and bust in America since 1913.
Now, they are doing the same thing again, in an even more severe form, with zero rates, and cash being printed, making the dollar increasingly worthless. Does anyone doubt that the next crash is around the corner when this Fed led bubble bursts? The longer it goes on, of course, the worse it will get. Instead of a normal deflationary depression, they will replace it with a hyperinflationary depression that will make a small number of speculators rich, and impoverish the rest of us, destroying the middle class.
Put these foolish men at the Fed out of business. END THE FED!!
- TTolstoy
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