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Thursday, May 18, 2017

Michael Snyder Rages "The Federal Reserve Must Go"

If you want to permanently fix America’s economy, there really is no other choice. Even before Ron Paul’s rallying cry of “End The Fed”shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve. Because no matter how hard we try to patch it up otherwise, the truth is that our debt-based financial system has been fundamentally flawed from the very beginning, and the Federal Reserve is the very heart of that system. The following is a free preview of an upcoming book that I am working on about how to turn this country is a more positive direction...

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As the publisher of The Economic Collapse Blog, there have been times when I have been criticized for focusing too much on our economic problems and not enough on the solutions. But I believe that in order to be willing to accept the solutions that are necessary, people need to have a full understanding of the true severity of our problems. It isn’t by accident that we ended up 20 trillion dollars in debt. In 1913, a bill was rushed through Congress right before Christmas that was based on a plan that had been secretly developed by very powerful Wall Street bankers. G. Edward Griffin did an amazing job of documenting the development of this plan in his groundbreaking book “The Creature from Jekyll Island: A Second Look at the Federal Reserve”. At that time, most Americans had no idea what a central bank does or what one would mean for the U.S. economy. Sadly, even though more than a century has passed since that time, most Americans still do not understand the Federal Reserve.

The Federal Reserve was designed to create debt, and of course the Wall Street bankers were very excited about such a system because it would make them even wealthier. Since the Fed was created in 1913, the U.S. national debt has gotten more than 5000 times larger and the value of the U.S. dollar has declined by about 98 percent. So the Federal Reserve is doing what it was originally designed to do. In fact, it has probably worked better than the original designers ever dreamed possible.

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4 comments:

Anonymous said...

Here we go again. The spawn of Hillary and the cyborg bill. See, in the 90's, the reptiles who ultimately used Obama's brain to include a mind control chip, were only able to try their proton-day beams to infuse bill with their commands. He rebelled at times, infuriating the reptilian puppet masters. This caused them to create Obama from spare parts (hence the mismatched ears and scars on his head) and include a mind chip which needed to be coupled with a teleprompter. One can only imagine the alien.demon upgrades in this one...

Anonymous said...

You've posted that comment dozens of times before. Are you stupid or something?

Anonymous said...

Federal Reserve must go anyway and it should not be made it in the first place with both war worlds with creating mass murder over billion's lives were wipe out by both banking parties in USA and EU.

Anonymous said...

This article should run from a ticker tape throughout every news channel and media source in the world. The debt based system will always fail. When people can gain wealth by contributing absolutely nothing tangible to the society it is a failed system. People in an office clicking buttons trading currencies of futures making millions is the epitome of useless productivity for humanity. I dont envy them personally as anyone does what they can to better their situation, im saddened by the shortfall of human nature that they are ok with the over abundance from the benefit of their position.