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Originally posted by pacificwind
reply topost by HimWhoHathAnEar
The mass media is leading the sheeple to the slaughter, telling them to run and buy gold and silver as they always do during recessions.
....unfortunately we're reaching the point where the sheeple are all buying into it, and it will have to crash down soon.
The banks, aided and abetted by the government and its bank examiners, arbitrage funds from the bill to the bond market illegitimately. In doing so they are committing a serious crime against the public
Banks are guilty of usurping power over the social circulating capital. They are guilty of extortion: they pocket the spread between the rate of interest and the discount rate to which they are not entitled. The banks are guilty of conspiring against the public interest, just as the miller and the baker were in accepting anticipation and accommodation bills in the hope of illicit gains. The conspiracy of the banks is far more ominous: distortions and misallocations caused by the banks' illicit interest arbitrage are cumulative and potentially very damaging. Ultimately, they must lead to a credit collapse
History will look back on the United States Federal Reserve System and conclude that it was one of the most ill-conceived, nonsensical concepts ever to have been concocted by a bunch of testosterone addled egomaniacs who were lunging to become Masters of the Universe. Their game of monopoly is drawing to a close and, whilst there may be a few who are sitting with most of the cash, they will come to discover that the other players have left the table. When the game is over, monopoly money offers no tangible benefits. A new paradigm of values is emerging