As the sole issuer of Federal Reserve Notes, the mandated medium - TopicsExpress



          

As the sole issuer of Federal Reserve Notes, the mandated medium of exchange nationwide for debts public and private, the Federal Reserve has the power to inflate, deflate, and manipulate our money in whatever way it wishes - in other words, it has total control over our economic activity! The Federal Reserve has been the prime enabler of Big Government since its inception as it has the power to create money out of thin air ad infinitum for any government project, program, or bailout conceived. Through Bernankes Quantitative Easing -- QE1, QE2, and QE3 -- weve seen the Fed create as much as a trillion dollars a month ... out of nothing! This kind of reckless inflation serves the government and its friends while robbing the middle class through destroying the currencys value - its why so many individuals and families are seeing prices rise much faster than their incomes. For retirees and those on fixed incomes the scenario is even worse.
Posted on: Sun, 24 Nov 2013 10:24:00 +0000

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