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#1 |
Avalon Senior Member
Join Date: Sep 2008
Location: near Rockford, IL
Posts: 57
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... by G. Edward Griffin. Many of the questions and musings on this blog concerning our economic system can be put to rest and one can KNOW what is going to happen and why.
Since the establishment of the Federal Reserve in 1913, our financial system is based on debt money, money that only appears when a debt is created, a debt that must be paid back WITH INTEREST. And where can this money come from to pay the interest? ... Only one thing -- more debt. Our system's crash and bankruptcy is built in, it MUST happen. At any given time, our system contains more debt than money, and as time goes by, the difference between the two can only GROW. Bankruptcy in inevitable. Why do this? The manipulators behind the scene grow fabulously wealthy manipulating mere paper, making TRILLIONS of dollars of sheer profit, at the expense of the little guy. IT MUST CRASH. But, if the channeled messages are correct, immediately after the crash our 'sky buddies' are going to assist us start over with an honest government and precious metal based currency that cannot be manipulated... and that's only the beginning of the runup to 2012... where it gets REAL interesting! Greg222 |
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#2 |
Avalon Senior Member
Join Date: Sep 2008
Posts: 30
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Agreed!
It's a great book. A real eye-opener on a few levels. Not only does it go into the nature of the Fed, but it explains how the Savings and loans crisis was bailed out, as the bailouts are coming thick and fast today, how the IMF benefits from endless collapsed economy debt from third world countries etc. It even goes into the NWO and the depopulation schemes, as well as all sorts of 'conspiratorial truths'. The original masterpiece on the topic. With all respect to G.E.G., I actually think The Creature has been surpassed by Ellen Brown's 'The Web of Debt'. It's far more current and up to date. It's explains the concerns with the system as they stand today, all the way up to US economic collapse. It goes into sub-prime, derrivitives, the PPT and market manipulation etc. It's got a very different thesis for Creature though: Ellen goes to great lengths to show that there is much evidence to support that truly government-issued 'greenback-style' fiat-currency (i.e. NOT DEBT) does not lead to inflation. G.E.G. maintains that the currency must be backed by gold and/or silver. Sounds like an Amazon review. But they're both great and should be read together. No shapeshifting aliens to be found however. |
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#3 |
Avalon Senior Member
Join Date: Sep 2008
Location: Eastern U.S.
Posts: 429
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If one prefers to "watch" rather than "read" check out the MONEY MASTERS video on googlevideo or youtube.
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