Reply #59: Bit more.... [View All]

[54anickel]

snip>

Understanding fiat money is not an easy task, and the Federal Reserve, World Bank, and International Monetary Fund have purposely made it that way. They do not want the American people to realize that the money in their wallet loses its value with each new dollar that they print. They do not want people to understand that our money does not become money until it is borrowed. When the Federal Reserve has money printed, when it is in uncut sheets of paper, it is not yet money. After it is cut, bundled, and placed into the Federal Reserve vaults, it still is not money. It only becomes money once it is borrowed. Consequently, if all debt were to be paid, if the United States didn’t have an $8 trillion national debt and the American people were debt free, and if all loans of U.S. dollars made to foreigners were paid in full, there would be exactly zero U.S. dollars in circulation because it will have all been returned to the vaults of the Federal Reserve. This might seem hard to fathom, but it is the gospel of fiat money.

snip>

It is well overdue for Americans, every American, to do whatever it takes to fully understand the relationship between the United States and the Federal Reserve, along with the grave consequences of our current fiat money system; for even if the United States wanted to continue to sustain the supremacy of the U.S. dollar with bullets, it is historically, impossible. When bullets become the commodity to secure a currency, it is a clear sign of devastating calamity looming. To ignore the warning signs, is to suffer like you have never suffered before, or to die. Harsh words, but true.



Call me a nutcase, but put this together with UIA's post yesterday on the "Fed deflation tools can work if understood - study", the move by Russia to flex it's muscles so everyone understands they are an oil/gas superpower, China getting ready to cut off our credit line, and this talk of a new pipeline NOT going through Afghanistan. I think the world is trying to tell us to "back off" of Iran and our delusions of Empire. Now think of the nutcases running this country...any chance they are listening?

We are in deep doo-doo. :scared:

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2006-01-04T190405Z_01_N04310740_RTRIDST_0_ECONOMY-FED-DEFLATION.XML