Federal Reserve Deception part 1
Silver Snowball Preparation Today
Are you aware of the politics of the Federal Reserve? In centuries past the currency of countries ruled by kings would often be debased to line the pockets of the kings. Currently we have a reserve system that manipulates the currency to the benefit of people behind the scenes who rake in trillions of dollars profits.
The hallmark of a sound nation and economy is to have a stable currency. The Federal Reserve enjoys a monopoly on printing money. If the government did not have control of the money through acquiescence to the reserve system we would have lower prices across all sectors of the economy. Most Americans are not educated to the true threat of an elite group of people who manipulate financial markets and entire economies.
In 1913 President Woodrow Wilson signed the Federal Reserve Act which gave the Federal Reserve and banking system tremendous power over the economy. This has resulted in the dollar having lost over eighty percent of its value.
Article 1. Section 10 of the United States' Constitution states: No state shall make anything but gold and silver coin a tender in payment of debts. In December 1913 right before Christmas while many in Congress were absent from voting the Federal Reserve system was established as the central banking authority of the United States. This was done in contradiction to the United States Constitution.
There is no federal in this banking system. The Federal Reserve is a privately owned corporation operated and controlled by 12 central banks. This banking system hires the United States Treasury to print paper commonly referred to as money. This fake money is then issued to the United States government at full face value plus interest. It only costs a few cents to print each note. However the American public is billed for the full value of each note plus interest. This is a self perpetuating financial monopoly.
Ronald Roberts has a lifelong interest in economics and business. A former military officer and MPA graduate, his favorite quote: Never despise a humble beginning. His blog is http://www.americaneaglesilverdollar.info. For a more direct approach to preserving your wealth visit http://www.besilverrich.com.
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