Posts Tagged ‘currency’
FIAT currency, Tyranny and Presidents [Part 2 of 3]
Part 2 of 3. This three part episode explores the role and influence of the world central banks and its unique effect on a democratic society. This episode recognises the many ‘devices’ that have been used historically to suppress a people, following the revocation of individual liberty and freedom. This episode proposes a new and unprecedented device, hidden deep in the misconception of ‘currency’ by which individual liberty can be usurped from the people. This episode also explores the sinister connection behind mass media complicity, banking interests and the foiled presidential attempts to reveal the truth. It also introduces Ron Paul (Republican Presidential candidate), as a defining character in US/World politics representing an ever-growing portion of people that are slowly becoming aware of the conceits of a FIAT currency system and its connection to a planned/deliberate tyranny. Included are some key speeches of Dr Ron Paul in one of his debates. RIP Aaron Russo (February 14, 1943 — August 24, 2007)
FIAT currency, Tyranny and Presidents [Part 3 of 3]
Part 3 of 3. This three part episode explores the role and influence of the world central banks and its unique effect on a democratic society. This episode recognises the many ‘devices’ that have been used historically to suppress a people, following the revocation of individual liberty and freedom. This episode proposes a new and unprecedented device, hidden deep in the misconception of ‘currency’ by which individual liberty can be usurped from the people. This episode also explores the sinister connection behind mass media complicity, banking interests and the foiled presidential attempts to reveal the truth. It also introduces Ron Paul (Republican Presidential candidate), as a defining character in US/World politics representing an ever-growing portion of people that are slowly becoming aware of the conceits of a FIAT currency system and its connection to a planned/deliberate tyranny. Included are some key speeches of Dr Ron Paul in one of his debates. RIP Aaron Russo (February 14, 1943 — August 24, 2007)
FIAT currency, Tyranny and Presidents [Part 1 of 3]
Part 1 of 3. This three part episode explores the role and influence of the world central banks and its unique effect on a democratic society. This episode recognises the many ‘devices’ that have been used historically to suppress a people, following the revocation of individual liberty and freedom. This episode proposes a new and unprecedented device, hidden deep in the misconception of ‘currency’ by which individual liberty can be usurped from the people. This episode also explores the sinister connection behind mass media complicity, banking interests and the foiled presidential attempts to reveal the truth. It also introduces Ron Paul (Republican Presidential candidate), as a defining character in US/World politics representing an ever-growing portion of people that are slowly becoming aware of the conceits of a FIAT currency system and its connection to a planned/deliberate tyranny. Included are some key speeches of Dr Ron Paul in one of his debates. RIP Aaron Russo (February 14, 1943 — August 24, 2007)
CURRENCY COLLAPSE: How the US Government Is Destroying the Dollar
latewire.com ——- [slide 1] This box right here represents the yearly federal budget. We’re going to divide it up into 2 parts [slide2] the part paid for by tax dollars, [slide3] and the part paid for by everything else. For the purposes of this video, we’ll say about [slide 4] 2/3 of the budget is paid for with tax dollars, but you should know that in this year, 2009, taxes account for much less. [slide 5]Now we’re going to divide this up further and look at just the portion paid for by using money outside of taxes. [slide 6] On the left, we’ll put the part paid for by privately purchased treasury bonds. [slide 7] This will contribute to the infamous national debt, which is currently approaching $11.7 trillion dollars. [slide 8] The other part is paid for by printing money. This is done by an institution known as the federal reserve, also known as The Fed. The Federal Reserve is NOT officially part of the government. Theoretically, the reason for this is to make sure that the government cannot print money directly to pay its bills. The Fed is supposed to act independently and not print money unless it is in the interest of the economy. However, the end result of this is that the government gets all the printed money it asks for, regardless of the effect it may have on inflation and the economy. Whenever a government or central bank prints money, it causes inflation. Inflation is a classic double-edge sword. [slide 10] By making the currency worth less, people who owe …
How are dollars backed by the US government? Can the US government simply print more currency?
This bailout is going to send the US government into a deficit in the billions. Is the US government not in control of US currency? Can’t they print more dollars? I know that the gold in Fort Knox is not sufficient to back all currency in circulation. How else is this mighty dollar backed?