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Tuesday, December 7, 2010
VIDEO: What a bunch of crooks!
Bernanke's excuse the 1913 law allows them to. Which may be correct and shows the insanity we have been living in. What makes this even more insane is that so called money was probably backed by nothing like it has since 1971 when the USA went off the Gold standard by order of President Nixon i heard. So in my logic what that did was allow the Federal Reserve to steal everyone that had Gold Backed USA currencies Gold in exchange for paper which lately has become mostly digits on a computer screen the US Federal Reserve notes. Now we in Australia have been duped aswell our RBA Reserve Bank of Australia in Wikipedia link belowhttp://en.wikipedia.org/wiki/Reserve_...went off the Gold Standard after WW1 which allows the Bank to print money out of thin air giving it too their cartels 1st of course who benefit most before later when the moneys diluted value becomes realised which causes inflation while our disposable income becomes less and less as this goal of inflation at 2-3% stated on wikipedia link above but what is inflation?
Inflation is when the price of things go up. What causes inflation? dilution of the value of the money already in circulation
Who controls the money supply?
The Central Bank in Australia the Reserve Bank of Australia or in the US the Federal Reserve
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