Banking, Finance, Fiat Money and Hyperinflation !

 

Every Nation in the history of the world that went to fiat money ended up with hyper inflation and many lost their governments to rebellions or civil wars because of it.

 

Don't think for a minute the United States is immune to this monetary sickness.

 

Remember the big bankers don't care about patriotism to our Country or any other Nation. All they care about is net profit. Greed is their guide. They have financed both sides of many a war.

 

Both political parties in our nation have by fiat (a legal declaration) allowed and supported the formation of the Federal Reserve and gradually took the gold and silver backing out of our nations currency. Its was President Woodrow Wilson, a democrat, who signed the Federal Reserve Act in 1913. And President Richard Nixon, a Republican, who closed the gold window on August 15th, 1971, 

 

I think we live in slavery to the banks and politicians of both parties who are responsible for our current fiat money and our eventual financial collapse.

 

I think our monetary system hurts the poor and middle class more than anything in our great nation.

 

The US dollar will loose 50% of it's purchasing power in 36 years with 2% inflation a year.

 

Your money has to be invested wisely to offset inflation. This is not an easy task because it takes a lot of education to make wise investment decisions.

 

World history is full of examples of fiat money producing hyperinflation.

 

Examples of fiat money failures include the following:

 

The Roman Empire collapsed from fiat money and hyperinflation. The Roman denarius coin was reduced to .02% silver and 99.98% iron by the end of the empire.

 

The Song dynasty of China in the 10th century A.D. was the 1st paper or Fiat Money in the world to replace an already overproduced iron coin which eventually led to massive hyperinflation.

 

France 1795

13,000% inflation

 

Austria, 1922

10,000% inflation rate.

 

Greece 1944

8.5 Billion % inflation per month.

 

Israel 1984 

445% inflation

  

Argentina 1989

5000% inflation

  

Venezuela today has 10,000 + % inflation per year. 

 

These are just a few examples of fiat money failures over history.

 

I would like to think we are safe from fiat money and hyperinflation but are we?

 

Read what world leaders have said about bankers and fiat money and you will have a better understanding of the possibilities for our country's currency.

 

Ronlad A. Blumenthal

 

 

For more information on Fiat Money and Hyperinflation go to: 

  

The Money Masters

 

How Did A Single Unconstitutional Agency Become The Most Powerful Organization In America?

 

Is the Federal Reserve Constitutional?

 

 Federal Reserve Act

 

The Federal Reserve vs the Constitution

 

Fiat Money- Toilet Paper Money

by The Daily Reckoning 

 

 Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

Woodrow Wilson

 

There are two ways to conquer and enslave a country. One is by the sword. The other is by debt.

John Adams

 

When economic power became concentrated in a few hands, then political power flowed to those possessors and away from the citizens, ultimately resulting in an oligarchy or tyranny. 

John Adams

 

“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.”

Otto von Bismark (1815-1898), German Chancellor,

after the Lincoln assassination

 

“The hand that gives is among the hand that takes. Money has no fatherland, financiers are without patriotism and without decency, their sole object is gain.”

Napoleon Bonaparte

 

“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” 

Napoleon Bonaparte, Emperor of France, 1815

 

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance.

By James Madison

 

So he made a whip out of cords, and drove all from the temple courts, both sheep and cattle; he scattered the coins of the money changers and overturned their tables. John 2:15  

Jesus Christ

 

12 Jesus entered the temple courts and drove out all who were buying and selling there. He overturned the tables of the money changers and the benches of those selling doves.

Mathew 21:12

 

The Lord detests dishonest scales, but accurate weights find favor with him. Proverbs 11:1

 

“… our whole monetary system is dishonest, as it is debt-based… We did not vote for it. It grew upon us gradually but markedly since 1971 when the commodity-based system was abandoned.”

The Earl of Caithnes, in a speech to the House of Lords, 1997.

 

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.”

Henry Ford, founder of the Ford Motor Company.

 

A real gold standard is thoroughly consistent with [classical] liberal principles and I, for one, am entirely in favor of measures promoting its development.
Milton Friedman

 

Inflation is the one form of taxation that can be imposed without legislation.
Milton Friedman

 

The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933. By Milton Friedman

 

Whoever controls the volume of money in any country is absolute master of all industry and commerce. By James A. Garfield

 

Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.

Barry Goldwater

 

Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through its excessive quantity.

Nicolaus Copernicus

 

The mischief springs from the power which the monied interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining, and unless you become more watchful in your states and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of government have been given or bartered away.

Andrew Jackson

 

If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations.

Andrew Jackson
 

It is to be regretted that the rich and powerful too often bend the acts of government to their own selfish purposes.

Andrew Jackson
 

You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.

Andrew Jackson
 

When you get in debt you become a slave.

Andrew Jackson

 

I believe that banking institutions are more dangerous to our liberties than standing armies.

Thomas Jefferson

 

The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.

Thomas Jefferson

 

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)

 

“… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating.”

Thomas Jefferson

 

Paper money is liable to be abused, has been, is, and forever will be abused, in every country in which it is permitted.

Thomas Jefferson

 

That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied.

Thomas Jefferson

 

I deny the power of the general government to making paper money, or anything else a legal tender.

Thomas Jefferson

 

The money power preys on the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes.

Abraham Lincoln

 

This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Wilson) signs this bill the invisible government of the Monetary Power will be legalized.
Charles August Lindbergh

 

“Money plays the largest part in determining the course of history.”

Karl Marx writing in the Communist Manifesto (1848).

 

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

Ron Paul

  

The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will.
Louis Thomas McFadden

 

When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!
Louis Thomas McFadden

  

“The bank hath benefit of interest on all moneys which it creates out of nothing.”

William Paterson, founder of the Bank of England in 1694, then a privately owned bank

 

We in the Congress have a moral and constitutional obligation to protect the value of the dollar and to understand why it is so important to the economy that a central bank not be given the unbelievable power of inflating a currency at will and pretending that it knows how to fine-tune an economy through this counterfeit system of money.

Ron Paul

 

 A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Ron Paul

 

“Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.”

Leo Tolstoy, Russian writer.

  

It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.

Paul Volker

 

Paper money eventually returns to it's intrinsic value- zero.

Voltaire

 

Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.

Daniel Webster

 

But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.

George Washington

  

A body of men holding themselves accountable to nobody ought not to be trusted by anybody.

Thomas Paine