This is all public knowledge. The Federal Reserve created a document called "Modern Money Mechanics" which explains the whole process. The sickening part is how they can just "CREATE" $$ out of thin air! Any physical cash deposit made to a bank can be used 9 TIMES THAT AMOUNT!! And they get away with it with something they call "fractional reserve practice". It states that these banks only have to keep in their "Reserve" 10% of cash deposits made with them. Then a Central bank then takes the other 90% which they like to call "excessive" and use that as basis for more loans. More deposits, 10% kept, 90% loaned out with interest. Whole process keeps repeating as these GLOBAL PIGS SIT BACK AND COLLECT OFF OUR SWEAT AND LABOR!! $1.00 in 1913 took $21.60 in 2007 to match value. That is a 96% devaluation in 94 years! Federal Reserve needs to be shut down, clean house, new system!!
Posted on: Tue, 25 Jun 2013 22:54:07 +0000
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