Monday, February 13, 2012

Federal Reserve: Using the printing press to buy up America's assets

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.  - Attributed to Founding Father Thomas Jefferson
When the founding fathers of this nation rebelled against the rothschild owned central banks of Europe, they understood the end game for the elite in using debt and currency devaluation to steal physical assets from a nation.
The credit crisis of 2008, which was created by the US central bank through debt, devaluation, and bubbles has led to the last stage of the scheme... the ownership of physical assets.

Chart courtesy of Gresham's Law


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