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Posted By populist 1 year, 2 months ago in Business & Finance

All of this money created by the Federal Reserve…will destroy America as it has destroyed every other idiotic country that tried such a stupid, stupid thing.

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    tehranchik1 year, 2 months ago

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    fta
    "The Federal Reserve, in case you did not realize it, is not federal, in that it is a private bank owned by shadowy, nasty, greedy people hiding behind corporate shells, and it has no real reserves, but can create money anytime it likes, like last week, as the Fed created some money and then used the money to buy government bonds for itself! Hahaha! The Fed's stash of government bonds rose last week by $8.27 billion! "

    The bailout gave them permission to continue business as usual.

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      populist1 year, 2 months ago

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      business as usual is right - theft of our resources and destruction of the dollar....it's well on its way...

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      flyonthewallzz1 year, 2 months ago

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      August 15, 1971
      "Let me lay to rest the bugaboo of what is called devaluation."

      http://www.presidency.ucsb.edu/ws/print.php?pid=31...

      Good story POP!

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        tehranchik1 year, 2 months ago

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        Sorry---I can't stomach anything from the mouth of w.

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        canadianrancher571 year, 2 months ago

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        All I can say is that the greedy people of the world are pretty smart. They got the Federal Reserve Act passed many many years ago which from what I can see violates your constitution on who can print money, then they print money with nothing to back it up with they loan the money to your government and even other countries and collect interest which has to be paid for by the taxpayer.
        What I am left with after all this nonsense is the question, what is the motive behind the federal reserve? If it only to amass money then their logic seems to be flawed since the money they are collecting has really no value, it is just paper. Although one can say that they do keep the economy going, it seems that it all comes down to smoke and mirrors.
        My brother and I had a discussion a few days ago about all the wealth that has been produced in the US. in the last 100 years and we just questioned where it has disappeared to and the only answer we were left with was a great part has ended up in the hands of the Federal Reserve.
        If you feel I am wrong on this feel free to correct me.

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          simonsez1 year, 2 months ago

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          Money is not wealth ... it is purchasing power. Land is wealth.

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            tehranchik1 year, 2 months ago

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            People are wealth.

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              markmawn21 year, 2 months ago

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              Yes! Nature is wealth too! Land can be taken away.

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          markmawn21 year, 2 months ago

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          Everyone, I want to recommend a movie to you. Go to YouTube and search for "Zeitgeist Addendum" and watch this film. This explains how money works, how corporatocracy rules, and how ignorant and hypnotized we all are about how things really work.

          Here's a link too make it easier.
          http://www.youtube.com/view_play_list?p=68E1E56457...

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