Guess when The Federal Reserve Act expires??

viking · 02-06-2010, 11:06 AM

Hey I found this interesting article about the 'Federal Reserve' act and when it started...Also when it expires!!! Guess when??

quote...
"The whole conspiracy was sinister and slow. Take 1% of the Nations gold as payment every year so nobody will notice. 1% is a small amount for a year, however that only lasts 100 years before it is all gone. Remember the Federal Reserve Act was passed on December 23, 1913. That means that at or around December 21, 2012, the date the Mayan calendar predicts destruction of life because (the Earth will move), the Nation will run out of gold to pay the Federal Reserve"

http://www.unexplained-mysteries.com....php?id=133253

http://en.wikipedia.org/wiki/Federal_Reserve_Act

viking

bigmo · 02-06-2010, 11:38 AM

Wouldn't the gold last 'theoretically' forever at 1% a year?

100 - 1 = 99
99 - .99 = 98.10
98.10 - .981 = 97.119
97.119 - .971 = 96.148
96.148 - .961 = 95.187
95.187 - .951 = 94.236

ect?

I think this is correct... by the time you get to the bottom the amounts get small but would never reach zero.

Peace

lindabaker · 02-06-2010, 01:51 PM

Bigmo, you are correct. However it's still a very large amount!

02-06-2010, 11:06 AM	#1
viking Avalon Senior Member Join Date: Sep 2008 Location: UK Posts: 1,709	Guess when The Federal Reserve Act expires?? Hey I found this interesting article about the 'Federal Reserve' act and when it started...Also when it expires!!! Guess when?? quote... "The whole conspiracy was sinister and slow. Take 1% of the Nations gold as payment every year so nobody will notice. 1% is a small amount for a year, however that only lasts 100 years before it is all gone. Remember the Federal Reserve Act was passed on December 23, 1913. That means that at or around December 21, 2012, the date the Mayan calendar predicts destruction of life because (the Earth will move), the Nation will run out of gold to pay the Federal Reserve" http://www.unexplained-mysteries.com....php?id=133253 http://en.wikipedia.org/wiki/Federal_Reserve_Act viking

02-06-2010, 11:38 AM	#2
bigmo Avalon Senior Member Join Date: Dec 2009 Location: Ohio Posts: 122	Re: Guess when The Federal Reserve Act expires?? Wouldn't the gold last 'theoretically' forever at 1% a year? 100 - 1 = 99 99 - .99 = 98.10 98.10 - .981 = 97.119 97.119 - .971 = 96.148 96.148 - .961 = 95.187 95.187 - .951 = 94.236 ect? I think this is correct... by the time you get to the bottom the amounts get small but would never reach zero. Peace

02-06-2010, 01:51 PM	#3
lindabaker Avalon Senior Member Join Date: May 2009 Posts: 504	Re: Guess when The Federal Reserve Act expires?? Bigmo, you are correct. However it's still a very large amount!