The Fed’s Money-Making Machine
June 30, 2008 by Bob Livingston
What does government creation of money really mean? Well, under disguise of economic crisis, the Fed is stealing the country.
Printing money is a crime if you do it. But if monopoly power of government does it, it’s called
“monetization.” Government is now trying desperately to inflate because the more inflation, the more
wealth is stolen.
• Governments steal as much as they can without collapsing the system.
• The more money they create for nothing, the richer and more powerful they get.
• The bigger the government gets and the more reckless it gets, the more it must suppress its
people because many begin to wake up.
• The bigger government crime, the greater the propaganda and deception.
• Fact: Every dollar the government creates means that dollar is stolen from the people. Paper
money confiscates wealth.
Government deficit is a most deceptive term. The popular illusion is that the government is spending
too much money. What is really happening? Everyone talks or writes about the government printing
money, but what is really happening?
The act of money creation means that more and more of the national wealth flows to the federal
government. How in the name of Pete do people think that the United States government became so
powerful and so wealthy in property?
The government produces nothing. It has to steal and it does so on an unimaginable scale. The
mind of man cannot deal with such a massive transfer of wealth, and few people even suspect it. Why
do people not know about the biggest fraud in history?
The answer is that the income tax serves to cover or mask the fraud perfectly. The minds who created
this chicanery were masters of deceit. Is this crime too big to believe or too big to understand?
The government hides the fraud by getting the people to believe that the income tax supports the
government and pays its expenses. The truth is that the government gets its wealth and power for nothing.
It only has to create its money and the deception to hide what it is doing.
Writers, in trying to explain the U.S. trade deficit, lament that, “The U.S. has been living beyond its
means.” This serves as a mask for the truth that the U.S. government has consumed the national wealth
via the printing press.
Is the truth too horrible to face? How can there be such a thing as human liberty when the politicians
and federal judges are paid and pensioned by the federal government?
We simply don’t think.
(3 votes, average: 4.67 out of 5)
Wow! What an interesting article.
Gentlemen:
Congress abrogated its Constitutional duties of issuing and controlling our currency by approving Federal Reserve Act on December 23, 1913 creating the Federal Reserve Bank which is neither federal nor reserve but a private institution. That was the biggest fraud perpetrated on the American people: give the right to private bankers to issue our money and charge us interest on it for the privilege.
Oscar Patino
A MUST read to discover the establishment of this Federal Reserve system and it’s consequences on World events is the book by Gary Allen “None Dare Call it Conspiracy”. IF you can find it….get it now.
Copywritten in 1971 it describes how the government used the sheepeople to put forth the system. Why else was this Act passed on Dec 23rd, when normal Congress would have been out of session? The only thing I can say it left out was all the
names of the 14 families that were all part of the wealth gathering, some mentioned but not all. Also explained is how the money was used to foster the Russian Revolution, WWI, and WWII, and military actions up to 1971. As for the money aspect of what we have today, All anybody has do do is to actually read your Dollar bill and figure it all out.
A Federal Reserve Note is what? an IOU
To who? The Federal Reseve (it says so on the bill you know)
For What? all Debts both public and private
That says it all..you are paying debt, an IOU, for an asset (you think) you own. Truth is you don’t own anything because your paying for it with an IOU Note from the Federal Reserve (the “Godfather” families). We continue to accept this form of payment and continue this carnival ride all the while forgetting we’ve been ignorant of the truth in our hands.
I suggested many yrs ago . That United States switch to backing money with wheat , corn and ect . I was watching the gong show where people sometimes won gold or diamonds worth thousands of dollars .
If they lost they were given calves or goats ,worth very little . I said most of the worlds needy people would choose goats over rocks . As far as myself goes , paper or gold are both worthless . We have a smart government its much easier and cheaper to use paper . It would be good if they can stay honest .
Good article, but it did not mention the Fed, which is one of the major players and beneficiaries of this grand hoax. Tip of the hat to Oscar and John who did mention the Fed. As mentioned, the Fed is not federal in nature and it certainly is not a reserve – at least not for the U.S. Government nor for “we the people”. Why our elected officials in 1913 gave unlimited power with no oversight to a private group of banks to create U.S. currency and then charge interest to the government (aka American populace) will forever be a mystery to me. We don’t know who they are or even if they pay taxes on their very substantial income (very doubtful). What a scam!