And all the kings horses...and all the kings men.... What ? Couldn`t figure out how to keep it from happening again ? I seriously doubt it. Its an enlarged Monopoly game where the powers that be know exactly what is going on AGAIN... Another round is played and more money winds up in the hands of the wealthy few. (once more) Then after re-arranging some pieces it starts all over again... An interesting quote by the former Chairman of the Federal Reserve 1931-1934... The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can only stay in the game by borrowing. When their credit runs out...the game will stop. -Marriner Eccles The present system of borrowing causes inflation. Inflation is a tax applied in a manner in which your hard earned money actually depreciates after you have earned it. This is wrong. If you put a rock under your mattress today...ten years from now when removed it would weigh the same, have the same mass and be the same. A Federal Reserve note, however will have depreciated in value over that same time and will continue to depreciate due to inflation caused by government borrowing. Who gets that value that has disappeared ....? The government, (which is being used as a milk cow by the Federal Reserve) and you come out on the short end. Gold on the other hand retains its value and this is exactly why we were removed from the gold standard. It made it more difficult to steal from the people; so the fiat currency system was set up to circumvent this. Our founding fathers knew this and laid out the Constitution accordingly. Too bad we do not return to that just and fair system... Those men knew human nature AND government AND finance; thus they wrote in accordance with their experience and knowledge.
Posted on: Mon, 21 Oct 2013 06:08:22 +0000
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