Welcome to the pyramid scheme

[godspeed 41]

The US government money supply is provided by the 'federal reseve bank' which is actually a privately owned bank. The federal reserve prints the money which it gives to the US government very cheaply, yet charges face value for these dollars.

In addition, the money is loaned to the government with interest which is payed for by the US taxpayers.

So our money is created with debt and not backed by anything other than the value of the paper - which doesn't even make good toilet paper.

We have a system in this country called 'fractional reserve banking' whereby banks loan out money while only having a fraction of the amount of the loan in their vaults. Sometimes they don't have any reserves to back up their loans.

The banks are more profitable when they loan out more and take riskier loans and the government backs up any banks that lose money for loans that are not repayed.

This had lead us to where we are now - the loan system in this country became reckless and now the government is giving money to these banks who made bad loans to keep them from going bankrupt.

(a bad loan is one that is not expected to be repaid within reason - IE : lending $500,000 for a home loan to someone who flips burgers at McDonalds).

When the government gives money to the banks, it has to borrow more money from the Federal reserve, creating even more debt.

This debt has grown to such an enormous proportion that it cannot be paid back. The only money the government has with which to pay back the federal reserve is the money that the federal reserve loans to the government with interest.

When the Federal reserve prints more money, it has the effect of lowering the value of that already in circulation.

------------------------------------------------

So you're looking at impending inflation and less government services, as well as a less powerful dollar in the years to come.

What you can do;

1. Buy precious metals as investments - these will increase in value as the dollar lessens in value.

2. Support movements to abolish the Federal Reserve System and fractional reserve banking.

3. Only take out sensible loans and only when truly necessary.

4. Do not put your life savings/retirement savings in the stock market - be very careful when investing in stocks understanding the high level of risk.

The US of A is a great country that was founded upon a movement to become free of tyrannical banking systems. The founding fathers of America fought with their lives to free the American people from the banking tyranny of the British.

Unfortunately we've lost our way here, and have to reclaim our true spirit of freedom and individual responsibility.

You can be part of this movement and help make America the great country it once was.

Edited November 7, 2010 by godspeed

[Rebecca Jo 1,962]

The US government money supply is provided by the 'federal reseve bank' which is actually a privately owned bank. The federal reserve prints the money which it gives to the US government very cheaply, yet charges face value for these dollars.

In addition, the money is loaned to the government with interest which is payed for by the US taxpayers.

So our money is created with debt and not backed by anything other than the value of the paper - which doesn't even make good toilet paper.

We have a system in this country called 'fractional reserve banking' whereby banks loan out money while only having a fraction of the amount of the loan in their vaults. Sometimes they don't have any reserves to back up their loans.

The banks are more profitable when they loan out more and take riskier loans and the government backs up any banks that lose money for loans that are not repayed.

This had lead us to where we are now - the loan system in this country became reckless and now the government is giving money to these banks who made bad loans to keep them from going bankrupt.

(a bad loan is one that is not expected to be repaid within reason - IE : lending $500,000 for a home loan to someone who flips burgers at McDonalds).

When the government gives money to the banks, it has to borrow more money from the Federal reserve, creating even more debt.

This debt has grown to such an enormous proportion that it cannot be paid back. The only money the government has with which to pay back the federal reserve is the money that the federal reserve loans to the government with interest.

When the Federal reserve prints more money, it has the effect of lowering the value of that already in circulation.

------------------------------------------------

So you're looking at impending inflation and less government services, as well as a less powerful dollar in the years to come.

What you can do;

1. Buy precious metals as investments - these will increase in value as the dollar lessens in value.

2. Support movements to abolish the Federal Reserve System and fractional reserve banking.

3. Only take out sensible loans and only when truly necessary.

4. Do not put your life savings/retirement savings in the stock market - be very careful when investing in stocks understanding the high level of risk.

The US of A is a great country that was founded upon a movement to become free of tyrannical banking systems. The founding fathers of America fought with their lives to free the American people from the banking tyranny of the British.

Unfortunately we've lost our way here, and have to reclaim our true spirit of freedom and individual responsibility.

You can be part of this movement and help make America the great country it once was.

Are you unhappy with your new life here in the US?

[godspeed 41]

I'm the petitioner. It's better to be aware of how things work and not become a sheeple.

Edited November 7, 2010 by godspeed

[Rebecca Jo 1,962]

I'm the petitioner. It's better to be aware of how things work and not become a sheeple.

Oh. OK.

You wouldn't be advertising for a firm who sells gold coins now, would you?

[godspeed 41]

Oh. OK.

You wouldn't be advertising for a firm who sells gold coins now, would you?

I wish I was! Ron Paul isn't selling any gold either.

There's a good book on the 'federal' reserve bank called 'the creature from jekyll island'

[Rebecca Jo 1,962]

I wish I was! Ron Paul isn't selling any gold either.

There's a good book on the 'federal' reserve bank called 'the creature from jekyll island'

Birchers?

No thanks.

[Anh map 2,098]

*Moved from Moving to US and New Life in America forum to OT Politics and Religion forum*

[ready4ONE 5,400]

*Moved from Moving to US and New Life in America forum to OT Politics and Religion forum*

I know it would be a hassle but this tread is Tin Foil Hat material so perhaps it should be renamed: OT Politics, Religion and Tin Foil Hats? Just a thought...

[godspeed 41]

I know it would be a hassle but this tread is Tin Foil Hat material so perhaps it should be renamed: OT Politics, Religion and Tin Foil Hats? Just a thought...

Ok, well you can just keep paying the bankster bailouts if you like and be in debt to the fed indefinately, that's your choice

but I would advise you to remove the tin foil hat when reading the first post and take it to heart

You should also research the history of the foundation of this country and realize that the fight against these kinds of banking schemes is nothing new

you just discredit yourself by not providing any intelligent discourse, there's no use for your BS

[scandal 951]

there's no use for your BS

pot, kettle

[SuperDuper! 230]

Oh. OK.

You wouldn't be advertising for a firm who sells gold coins now, would you?

Hey, peanut butter jars filled with gold coins buried in the back yard has been a pretty good investment plan for the past several years. As long as the money printing presses are going 24/7, Gold will continue to perform.

Mock the Gold Guy if you envy much, but paper money is a bust. How are your investments performing this past decade :whistle:

EDIT: To be kind, Gold Chart only includes data to April 2008. ?;^P

Edited November 7, 2010 by Hopp

[mawilson 2,133]

4. Do not put your life savings/retirement savings in the stock market

Why not? The stock market always outpaces inflation, so if you're worried about inflation,

it's not a bad place to be.

Edited November 7, 2010 by mawilson

[godspeed 41]

Why not? The stock market always outpaces inflation, so if you're worried about inflation,

it's not a bad place to be.

it's volatile and you can lose alot at once, for retirement you need something more stable

[mawilson 2,133]

it's volatile and you can lose alot at once, for retirement you need something more stable

Not if you're retiring in 40 years.

[Hilarious Clinton 452]

Oh. OK.

You wouldn't be advertising for a firm who sells gold coins now, would you?

I recommend owning some precious metals. Physically possess the metal and never put all your eggs in one basket.