Since the financial crisis, Dylan and I have been reading up (more like watching videos) about the financial system, money supply etc. The more we dig, the scarier it became. One of the most shocking thing I discovered is the Federal Reserve and the Bank of England are not government entities! Did you know that? One of my favourite quotes I've heard in one the videos is "the Federal Reserve is as Federal as Federal Express!"
The Federal Reserve was actually started by a handful of really wealthy bankers in 1913 during President Woodrow's reign. Let it sink in for a while... When we hear/read in the news that the Feds has lower/increase interest rates, it's not the government! It's those private bankers who are yanking the chain on interest rates! When we pay taxes, we are not paying taxes to the government but instead just paying off the interest rates on the debt that the govt. incurred by borrowing from the Fed! Inflation? Same thing.
What will happen if the "government" infuse $700billion into the economy? What good is it if the Fed increase the insurance of your savings from $100K to $250 when gas prices will end up at say $10/gallon or bread will cost $10 a loaf? Sure, 100% of your say $150K savings is all there but it'll end up buying you less.
So if the Fed is not owned by the government, who's behind the Fed? Who is rich enough to actually issue loans to the US government or governments around the world? Ahhhh.......below is a couple of videos that would explain this revelation better than I can.
Video #1
I would watch only about the first 50 minutes of this video. I think it explains very clearly and easy to follow however I don't endorse the 2nd part of it at all.
Video #2
The rise of the Rothschild
"Let me issue and control a Nation's money and I care not who makes its laws". Amsel (Amschel) Bauer Mayer Rothschild, 1838
"In the absence of the gold standard, there is no way to protect
savings from confiscation through inflation. ... This is the shabby
secret of the welfare statists' tirades against gold. Deficit spending
is simply a scheme for the confiscation of wealth. Gold stands in the
way of this insidious process. It stands as a protector of property
rights. If one grasps this, one has no difficulty in understanding the
statists' antagonism toward the gold standard." Alan Greenspan
"No servant can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money." Jesus Christ (Luke 16:13)
If we have wet your appetite for this conspiracy (or truth), you can look up more videos surrounding this topic online. Fascinating stuff eh?
Even with advance degrees in Finance, we never knew the truth like majority of Americans. I suppose people have very short memory and given the Fed was set up in 1913, they have somehow managed to conveniently convince a lot of people they are owned by the US govt!
If Dylan and I mysteriously vanished into thin air...you'll know why! :-)
Sunday, 5 October 2008
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