Wednesday, January 23, 2008

The failure of the fiat

It is not very well known to the American people that the Federal Reserve is an illegal private corporation, ran by independent bankers which form the banking cartel. It is also not well known that these bankers have created a system that is not backed up by gold or silver and that they create money out of thin air. This is known as Fiat banking. I give the bank $20 in real gold they then can lend out $2000 dollars to other people. Which immediately creates debt. The only way to pay the debt is by creating more money. Which in the long run causes inflation. The Federal Reserve also loans out the money it creates out of thin air to the American Gov. at interest. So now you see the plan? The bankers want to own everything and everyone and no stone will be left unturned. This is also why the American economy is failing and the Fed is orchestrating its destruction

No comments: