"In essence, the present creation of money, out of nothing, by the banking system is, I do not hesitate to say it in order to make people clearly realize what is at stake here, similar to the creation of money by counterfeiters, so rightly condemned by law. In concrete terms, it leads to the same results."
Maurice Allais, 1988 Nobel Prize winner in Economics,
He wrote too that the present international financial system is the biggest disinformation system in human history. The sons of darkness control this disinformation and crush the weak, often with the help of the ignorant of good faith. Let us unmask them, to give some fresh air amidst this general atmosphere of corruption.
http://www.youtube.com/watch?v=iYZM58dulPE
And now wait for the next economic collapse...when local state municipals default on their bonds because they cannot balance their budgets. Of course the Federal Govt could bail out the local state Govt with paper money. But wait... is that not a moral hazard? The moral hazard facing this country is the FED simply because they are a lender of last resort for money that is worth nothing in the first place.
There is another business where you are allowed to ever diminish the hard product in place of a phoney replacement. Cocaine dealers do this all the time until a gram contains as little as 20% or 5:1Cocaine. This however, has more integrity than the 11% 9:1 Fractional Reserve Banking ratio. Work the answer out for yourselves...
This vid needs VIEWS, lots of them...
View this people, view it and pass on the knowledge! Annihilate the FED!!!!
Now's the time
View this people, view it and pass on the knowledge! Annihilate the FED!!!!
Now's the time
Isn't California in fact printing it's own money today with these IOU's backed by nothing.
http://www.logosdictionary.org/pls/dictionary/new_dictionary.gdic.st?phrase_code=5989133
http://www.logosdictionary.org/pls/dictionary/new_dictionary.gdic.st?phrase_code=5989133
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Avec mes meilleures salutations.
François de Siebenthal
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