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![]() wrote in message ... Larry wrote: The first lie is that the US Government prints the dollar bill, as if the government bureaucrats had control of it. This is the BIG LIE, because the bill hasn't been printed by the US Government in decades. Actually, few governments in the world now or back in history.... including the Roman Empire... printed or coined their own money. For the most part, it's done by contractors. So the US Mint and the Dept of Printing of Engraving are private contractors? .... Across the front of it one can see it's a FEDERAL RESERVE NOTE, a promise from a PRIVATE BANK the government has no control over owned by a shadowy group of international bankers, The Federal Reserve, which is as "Federal" as Federal Express, runs the US Central Bank and LOANS MONEY AT INTEREST to the government for the interminable wars the USA involves itself in since the Fed took over and started this scam in 1913, by a voice vote as most of Congress had gone home for Christmas. Wow, that's a world champion run-on sentence, Larry. Actually the Federal Reserve is not a private bank and is controlled by the President and Congress as much as the CIA and the Army. For example, how does one become a director of the Fed? How does one become Chairman? The President is Commander in Chief of the Army, is he also Commander in Chief of the Federal Reserve? OTOH the Federal Reserve is intended by design to NOT be under the patronage system, influenced by political expediency of the moment. Would you prefer it to be so? Yet they are under the patronage system, appointed by the president. Some very smart people designed the functioning of the U.S. government. Where does one find out what the proper function of the US gov't is? Maybe the Constitution? It seems to be working fairly well much of the time.... If you live with blinders on. point to a country with either a politicized central bank, or no central bank, with as stable an economy as ours. Hong Kong = no central bank. Economy better than ours. Panama = no central bank. Note that debt obligations of the U.S. government are considered the most secure investment possible, by investors & investment analysts *all* over the world. Sure thing! http://www.ft.com/cms/s/0/40f3a2be-b...nclick_check=1 But then health care and social security is mandated in the constitution. This will really PO those of you who think that T-bills and the like are just "pieces of paper." However dem's de facts. They are just pieces of paper. The more you print the less they are worth, unlike gold. The value of the dollar has declined dramatically compared to other currencies. Why is the buying power of the dollar decreasing relative to the currencies of other developed nations with central banks? DSK Upon closer inspection:http://www.youtube.com/watch?v=1HgSz...eature=related |
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