Category Archives: Federal Reserve
BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
BoA SETTLEMENT=BS
Never fear, citizens! With this much-ballyhooed $16.65 billion settlement, our hero Eric Holder has swooped in like the proverbial mighty raptor eagle, ruler of the skies, and snatched the lowly serpent–a “BoA”–in its fearsome talons, to be sacrificed for the … Continue reading
43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO
Finally broke down and watched one of the videos I had been hearing about on the Peak Prosperity website. This video was the 9th in a series of 27 and was appropriately posted last Friday, August 15, the 43rd anniversary of … Continue reading
HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK
Forty-three years ago today in what is now not-so-commonly known as the “Nixon Shock”, Richard Nixon ended the Bretton Woods system by ending the convertibility of Federal Reserve Notes to gold, thereby putting the United States—and the world—on the road … Continue reading
DOES MONEY EXIST?
To answer the question in the headline–money exists as much as anything else that is completely made up out of nothing… Indeed, check out the above video from Time Magazine’s website. What Time’s Justin Fox tells us at approximately 1:47 … Continue reading
MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS
Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be. Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage. In my opinion (and … Continue reading
NO, IT’S NOT YOUR IMAGINATION: YOUR REAL WAGES ARE GOING DOWN
You know that cold dread that drops into the pit of your stomach when you check your balance and see that you’re down to your last few dollars and payday is still a week away? Too much month at the … Continue reading
PART 2: WHAT “RECOVERY”? WHO CAN AFFORD ANYTHING?
Who can afford anything? Not many people, it seems. As noted in yesterday’s post, half of America cannot afford the house they are “buying,” while at the same time rents are skyrocketing, with the number of people who pay half … Continue reading
WHAT “RECOVERY?” WHO CAN AFFORD ANYTHING?
Scene: a typical American coffee shop. We see two casually-dressed friends sitting at a table, talking quietly and drinking a cup of joe. We notice one has a “grande” while the other has a “tall.” Suddenly we hear loud guffawing … Continue reading