PRICES ARE UP 449% SINCE NIXON CLOSED THE GOLD WINDOW IN 1971
This is a long but fascinating article by Roger Lowenstein, who wrote the epic When Genius Failed about how Long Term Capital almost brought the worldwide financial system down. Have you ever seen Ben Bernanke and other Federal Reserve talking heads blathering about the Fed’s independence? Well read this article and see how independent the Fed has been over the years. See how mindless, arrogant politicians have destroyed our country for their personal political gain. The biggest surprise in the article is provided by Paul Volcker. I lost the respect I had for this guy. HE CLOSED THE GOLD WINDOW in 1971. Read it and weep.More
1 comment:
The Fed is a private for-profit international bank. Its interests (making money by collecting interest) is exactly contrary to the interests of the People.
It is a criminal enterprise who claims it has unlimited wealth to buy Treasuries. Most of us believe it simply prints (data enters) money into accounts with which it buys Treasuries.
The Citizens are expected to pay them interest on money they created out of thin air. This is what makes the Fed immoral, inhuman, and criminal. Its insistence on secrecy only adds fuel to the fire.
The bankers run the government and the politicians do their bidding. They have been the ruin of our once great Nation.
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