Thursday, October 16, 2008

Economic Placebos

Are the Bush/McCain/Obama economic sugar pills going down a bit easier these days or are you choking on them? The bailouts, like placebos, are not actually meant to cure the disease - hyper inflated fiat money jammed into the world economy by the illegal Federal Reserve for 95 years. Rather, they are meant to sooth you patients into thinking the economy has been cured and everything like your 401 Ks will be fine.

However, the illness remains. The money supply cannot grow if new money is not created artificially then lent out by banks. Banks won't be lending out for the foreseeable future since so much debt has been run up that these pin stripped suits are unsure who can and cannot repay their loans. So the money supply spirals downwards and our economy and the rest of the world too grinds to a halt.

Herein lies the flaw of the fiat money system banned by the U.S. Constitution. The greedy international bankers can create as much money as they can get away with using fractional marginal fiat currency. Today they have lent out the same dollars over and over again. The marketplace does not have a clue who owes whom. Therefore the economy will fall into depression and stay there for a decade or so unless you fools wise up. The reason is, it will take that long or longer to fix this flawed system and much of that consists of you all forgetting what the problem IS should you ever come to understand the problem at all.

Wouldn't it be smarter now that the greedy international bankers have crushed our economy to replace them and their fake rented money with real gold and silver money that can't be inflated? I just think if Americans were truly free then they should be able to own their money rather than rent it from greedy bankers.

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