Showing posts with label federal reserve bank. Show all posts
Showing posts with label federal reserve bank. Show all posts
Saturday, December 8, 2012

US Dollar Existence - Threatened by Game Changing Events

Recent events have occurred that put at risk the existence of the US dollar and all other fiat currencies. There are two main gold depositories in the world that hold or have held most of the world’s bullion for the countries that don’t hold their own. They are the Bank of England and the Federal Reserve Bank of New York.

The first event occurred in early 2011 when Venezuela’s President Hugo Chavez announced that Venezuela was taking back all the country’s gold bullion held at the Bank of England. While announcing this, construction was already underway to construct vaults at home for storing Venezuela’s 200 plus tons of bullion…


 
Saturday, September 8, 2012

Inflation, Central Banks Control & The Cure!

Inflation, Central Banks Control & The Cure!
Inflation is a serious problem that will affect any society overtime. Serious monetary stresses are created that will affect the most basic of needs such as food for your family to eat, fuel for your car or medicine to keep you alive. Inflation makes the prices you pay increase on the exact same products or services you were buying or using before. Most people will realize these price increases as they reflect on what these items had cost them only 1-2 years ago. Why?
Inflation is created by directly increasing the money supply in an economy. When this happens it creates a watering down affect on the money supply. If you take newly created dollars and add them to the economies money supply, along with all the other dollars that were already there, we get the total money supply…



 
Sunday, September 2, 2012

The Federal Reserve Bank – What is it Really?

The Federal Reserve is one of the largest problems facing America today. The one question many people ask is what does a Federal Government Bank have to do with our nation's problems? For starters it is Federal in name only.
The Federal Reserve Bank is not part of the US Government. It is actually a privately owned corporation and international bank that was created by Congress in 1913. The passage of the 16th amendment was passed rather shadily, and according to some, illegally. Furthermore it was given the exclusive rights to "print money" for the U.S. Government by Congress, during the Christmas break in 1913 when most of the representatives were on vacation.
Before the creation of the Federal Reserve the power and responsibility to print our nation’s money was done by the Congress of the United States. Sadly since the time when the Federal Reserve was given the power to operate the printing press, the people of America have continually been charged interest on every dollar ever printed…


 

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