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This series of talks have taken on a life of their own, much like the Federal Reserve System. In part 3 of this series, we peek behind the magician's curtain and see how the "secret science" really works. In short, money is created out of nothing to be loaned to the the government, backed my nothing but government IOU's and this new money floods into all the banks of the country to be used as more money for lending. The cycle continues to its end and all we're left with is more inflation; the hidden tax that affects the purchasing poser of all of us down here at the bottom. The system is designed to extract all it can from us. Do you enjoy being an indentured servant?
By Chad C., Erik Hoxsey4.5
66 ratings
This series of talks have taken on a life of their own, much like the Federal Reserve System. In part 3 of this series, we peek behind the magician's curtain and see how the "secret science" really works. In short, money is created out of nothing to be loaned to the the government, backed my nothing but government IOU's and this new money floods into all the banks of the country to be used as more money for lending. The cycle continues to its end and all we're left with is more inflation; the hidden tax that affects the purchasing poser of all of us down here at the bottom. The system is designed to extract all it can from us. Do you enjoy being an indentured servant?