What The Federal Reserve Has Done to The United States of America
by This is a article with a mixture of facts, opinions, theories, and predictions. All of were thought out. Thanks for reading!
Why don’t the banks ask for their money back from the people and pay back The Fed? The reason is that if they did, the U.S.D. currency would be discontinued because all the currency is is debt. In other words, if the money was paid back it would cause the U.S.D. to simply disappear.
The Problem is Inflation
As you should know, hyperinflation is occurring because of when The President, Obama, enacted two stimulus bills amounting to $1.3 Trillion. What inflation essentially is, when the price of the U.S.D. increases rapidly because of The Fed printing U.S. Dollars out of thin air without having to back it up with anything with REAL value; such as gold or silver. In other words, for the average American, inflation increases their cost of living, the things they buy and need on a day to day basis. What doesn’t inflate is their income. As a result, they have an increased cost of living and no increase in their income; resulting in the need to borrow more worthless dollars.
As you see in the chart above, our economy is becoming more and more debt laden but since debt basically is our money/currency the graph is really showing how fast The Fed is printing money!! The Fed will continue to print debt as long as people need to borrow it.
Theory & Ending Comments
One way for The Fed to stop printing money is for the banks to demand the borrowed money from their customers. If there is no need for the banks to borrow money from The Fed then The Fed will no longer need to make money. This is the only way for this to end, unless there is a law passed that all money borrowed is backed up by something that is ACTUALLY worth something.
Thanks for reading! Please Google our other article called, “Why this recession is over and why a much larger recession is starting.” Thanks again.
http://socyberty.com/economics/this-recession-is-over-a-much-larger-recession-is-starting/
Check out this Mind Boggle!
If the U.S. Dollar is only debt, and has no real value, there is one part of the dollar bill that is worth something. That part is the material the dollar is made from, at least that is worth a couple cents. But wait, those couple cents are only debt…
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Post Commentwillie wondka
On August 13, 2009 at 6:23 pm
i found this story of yours really interesting, over here after the banks took millioms off us, then the government bailed them out with our money, they are still being naughty, some are still worse off while others made billions profit, its similar in a way to your story dont you think.Thanks for sharing your story.
BTOdell
On August 13, 2009 at 11:52 pm
Ya it’s a similar concept. I’m really concerned about the debt we are taking on if you haven’t noticed…
BTOdell
On August 19, 2009 at 7:06 pm
This is a very interesting topic its good
Bapcha Murty
On January 25, 2010 at 3:22 pm
I’ve heard these arguments before, and they are at best, sophomoric. A frosh would be thrilled to know these “factoids”. For a moment, let us assume that we had a gold-backed system from the 1800’s to now.
With gold, you have no liquidity, or limited liquidity – which means, that there is no way that trillions in credit could have ever been created by a gold-backed currency. This means – no Hoover Dam, Brooklynn Bridge, GG Bridge, Euro-Tunnel, no advances that we take for granted – that happened since liquidity existed in capital markets.
Imagine a credit crunch with a gold-backed currency. In fact, a gold-backed currency would have caused a parallel “black market” banking system similar to the Fed.
Bapcha
3iNSt3iN
On February 12, 2011 at 9:52 am
You missed a few things. like how they set themselves in place… by causing the great depression. before the creation of the federal reserve politicans where doing everything in their power to prevent the creation of such an establishment. you really should learn more about the federal reserve you are just scratching the surface of this ultimate monopoly.
BTOdell
On February 12, 2011 at 4:01 pm
Yeah, I now know this, just haven\\\’t had time to rewrite the article to add more since I wrote it.
Thanks for the tips though 3iNSt3iN.
BTOdell
On February 12, 2011 at 4:02 pm
Yeah, I now know this, just haven’t had time to rewrite the article to add more since I wrote it.
Thanks for the tips though 3iNSt3iN.