Most people don’t realize there is one element that all tyrannical governments need to expand their empire. That element is crucial for controlling the population and adding a hidden form of taxation called inflation.
Central banking is one of the most evil systems mankind has ever created. Giving a monopoly the power to print money and control the economy puts us all at financial risk and makes us indentured servants to the money masters (central bankers). It also is the source of the uncontrolled spending of the federal government. You would not have a welfare/warfare/police state if you did not have an unlimited supply of money the government could borrow.
Central banks throughout history have always destroyed the countries they inhabit. They destroy them from the inside out. They are nothing more than a parasite that feeds off people and the economy until there is nothing left. They need a constant supply of new hosts or the system is forced to contract. The Federal Reserve Bank is the world’s largest, and most dangerous central bank in history. This bank is solely responsible for keeping our government in foreign conflict since its creation in 1913. Every dollar lent to the government to fund these wars, just makes the central bankers that much more wealthier. Every war that is won also opens new territory for the banks to force its currency upon the defeated.
Having this type of economic control means the cost of all transactions are subject the policies of the central bank. When money is created out of thin air and then lent out, the first ones in line benefit the most. As that money trickles down into society the poor receive this money last. By the time they get it, the value has already decreased substantially because of inflation. In the same way Americans receive dollars first, by the time a person in another country trades with it, the value has already decreased.
This type of pyramid scheme can never last forever. Eventually people catch on to the scam and use other means as barter. The time has come again that Americans should find other means to store wealth. The Federal Reserve dollar is nothing more than a piece of paper. It’s value is solely based on faith. More dangerously, it is also being printed to no end. Last year alone the money supply has doubled. The new money is only now starting to make it’s way into the economy. Currently, it is being pumped into wall street. The rise in the stock market is proof of this. Unemployment is still extremely high and the economy is still in recession, yet the stock market has risen for no apparent reason. Anyone should be able to figure this is just another artificial bubble, like the housing boom.
How can you help put an end to all this corruption and end the parasite called the Federal Reserve Bank. Very easy, STOP USING THE DOLLAR! If you run a business don’t accept dollars from your customers. If you want to protect your assets then I suggest that you store your wealth in something more tangible like gold or silver bullion.
Once Americans reject central banking and restore sound competitive currencies, the free market will once again out compete the government. By ending this insidious institution you will also be removing the means for the elite to control you. The government would once again be restricted in its actions. It is important to note that liberty does not exist without a sound economic system.
November 22nd is the national ‘End The Fed’ day. Please join others in your state to protest the Federal Reserve.
If you enjoyed this post:
Click Here to Get the Free Tenth Amendment Center Newsletter,
The dollar is not even worth the money it is printed on. It is a complete travesty what has been happening to this country by the federal reserve. We need to audit the fed and see what they have been doing with all of the "money" they are in charge of.
federal reserve is defrauding
Social comments and analytics for this post…
This post was mentioned on Twitter by TenthAmendment: New Blog Post: Abolish The Federal Reserve Bank! http://blog.tenthamendmentcenter.com/2009/11/abolish-the-federal-reserve-bank/…
[...] This post was mentioned on Twitter by TenthAmendmentCenter and A Distant Vision, Mirtha Laman. Mirtha Laman said: Abolish the federal reserve bank! – tenth amendment center (blog) – http://tinyurl.com/ydnofn9 [...]
Yes but remember, the dollar is a silver coin containing 371.25 grains (troy) of fine silver. Refer to the Coinage Act of 1792
http://en.wikipedia.org/wiki/Coinage_Act_of_1792
Yes but remember, the dollar is a silver coin containing 371.25 grains (troy) of fine silver. Refer to the Coinage Act of 1792
http://en.wikipedia.org/wiki/Coinage_Act_of_1792
"Give me control of a nation's money supply and I care not who makes its laws."
SilverRiches.net
I must say in reference to this law: http://www.law.cornell.edu/uscode/12/usc_sec_12_0…
Which says that the Federal reserve bank notes you have in your pocket are not money, and must be redeemed for actual "money".
As the same law says: "They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank. "
We could in theory crash the Federal reserve by demanding redemption of the inflationary Federal Reserve Banknotes for the presumably more finite "lawful money."
In effect: "A run on the Federal Reserve Bank".
Assuming the above line in the same law: "The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues." Only apply to the Federal Government's taxes and banks that work with the same.
A state government could in theory refuses to accept such federal reserve bank notes in it's taxes, and instead demand the actual "lawful money" which the banks with in the state would have to redeem at the federal in order to pay state taxes.
This of course would lead to a consecration of that "lawful money" supply in any state that did such, and ultimately once enough states money wise have done it the effective collapse or devaluation(dis-empowering) of the Federal Reserve by means of run on the bank.
The results could be catastrophic but what ever states did it first would wind up extraordinarily rich, as their banks and thus people would have possession of the majority of the finite money supply which the Federal reserve only clams to hold.
Much like the first people who run on the bank to the execution of everyone else. So yes we could motivate states to do this in a very big hurry too.
There is nothing wrong with the dollar. To try to attack it is to misdirect your fire. The dollar was and is a good idea. The way it is being dealt with by those in power is a different story.
Tom, as a consumer you have the right to shop wherever you want. The store also has the right to accept whatever means of trade for their products. If Walmart won’t barter with you, then don’t shop there.
“There is no legal requirement in the United States for a store to accept dollars for non-debt transactions.” -Ron Paul
http://www.cnn.com/2009/OPINION/10/30/ron.paul.fed/index.html
What I advocate is ending our dependence on the dollar. The more value the dollar loses in the next few years will make that decision very easy to make.
[...] the original here: Abolish The Federal Reserve Bank! | Tenth Amendment Center Blog By admin | category: bank | tags: are-expected, are-nothing, bank, countries, [...]
How can you help put an end to all this corruption and end the parasite called the Federal Reserve Bank. Very easy, STOP USING THE DOLLAR! If you run a business don’t accept dollars from your customers.
I went to Wal-Mart the other day, was checking out with my groceries and other items, and instead of using dollars I asked the checker if she wanted to barter.
Seriously, what you advocate here is not "very easy" and if you are serious about it I would like to see some suggestions on how it could be accomplished because the US dollar is the only legal tender anyone I know of will take in exchange for goods and services.