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What America Would Be Like Without the Federal Reserve

This is a syndicated repost published with the permission of Money Morning - We Make Investing Profitable. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

I have a dream. Well, I had a dream, but maybe it’s never coming true, so I’ll revel in my real dream.

And what a dream it was…

America had changed overnight. I didn’t know what had happened, buteverything was different the morning I woke up (while I was, unfortunately, still in my dream).

The sky and atmosphere were different. There was a sense of clarity, of transparency.

I had to walk into town; something told me to go there.

Wait till you see what I found…

People Were Alright in This Fed-Free America

Everywhere I looked, everybody was working and smiling.

I came to a small country street corner. It was a leafy four-way intersection with one old traffic light lazily swaying in the warm breeze.

There was a bank on each of the four corners. None of them had any walls. There were young and old bankers greeting everyone passing by. They knew everybody and everybody knew them.

They were giving away toasters and offering low-interest-rate loans, encouraging people to open new businesses and recommending 1% interest loans to pay off high-interest rate credit card debts.

I could actually see into their glass vaults. There were endless stacks of bundled cash.

And I thought to myself, what a wonderful world… There must not be a Federal Reserve!

Then I woke up for real. I thought, “Why don’t we have that life?”

The Federal Reserve was dreamed up anyway. What if the Fed was just a bad dream? What would America look like without the Federal Reserve?

What if we woke up and demanded all the greedy, lying, self-serving Congressmen and women who are in the pockets of the nation’s big banks, who are themselves only still here because the Fed bailed all their you-know-whats out in 2008, and did so because the fact is banks set up the Fed to do just that with free money the Fed prints at will, because it can, because in case you don’t know, the Federal Reserve “notes” in your wallet (take one out and read what’s on the top) aren’t government bills, they’re notes, which are obligations, issued by the Federal Reserve… which means we all owe them, or they own us…

I got carried away there; I told you this was a really powerful dream.

As I was saying, we need to wake up and demand Congress kill the 1913 law that created the monster better known as the Federal Reserve System.

Wake Up to This Reality

If there was no Federal Reserve, America would be free again.

The Federal Reserve System that came into existence by hook, by crook, and by stealth. The system for which an entire presidential election was bought so the Federal Reserve Act could be signed into law on Christmas Eve of 1913.

The same Fed that then took over creation of America’s money supply (which they own) and that de-fanged the U.S. Treasury to the point that it’s now the Fed’s lackey – it merely prints their Reserve Notes on rolls of special paper.

All this, by the way, is completely laid out in extraordinary depth, documented by undisputed facts in G. Edward Griffin’s seminal book, “The Creature from Jekyll Island.” Get it, read it, and be afraid.

I’ll say it once more: America would be free again.

Without a Federal Reserve manipulating interest rates, free markets would allocate capital and resources like they’re supposed to.

We’d be free of the “command control” economy the Fed directs and gets all wrong.

Big banks wouldn’t be freely regulated by the privately owned, de facto fourth pillar of government they created to foster the fantasy of central bank security.

Big banks couldn’t freely leverage themselves into insolvency and expect to be bailed out by the country’s supposed savior, the real-life Wolf of Wall Street.

And most of the Fed’s big bank-backed employees in Congress, meaning most members of Congress, who profess their mock indignation that the Fed isn’t doing enough to promote full employment, while they do nothing but line their campaign coffers with the Fed’s trickle-down hush money, would be freed by voters who would finally see them for what they are: crony capitalists in Uncle Sam costumes.

And that was my dream. An America without the Federal Reserve System. It was wonderful, wasn’t it?

 

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The post What America Would Be Like Without the Federal Reserve appeared first on Money Morning. Reposted with permission.

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1 Comment

  1. Spud Runner

    “WICKED DEBT FRAUD”  (REVISED)  The one and ONLY answer to the debt problem is to declare it null and void because of FRAUD!  It is fraud because it is mathematically impossible to repay!   It cannot be repaid because the interest is never created on the loan and that is fraud and fraud voids all! If we don’t void all out of thin air debt, the bankers will own almost EVERYTHING!   We will be homeless slaves!  They have a license to counterfeit!  Can I counterfeit the money to repay the loan?  Why not? They counterfeited it to lend it to me?  If we even attempt to repay an impossible debt (All out of thin air debt) all we do is show our ignorance!  The way to fix this mess is so simple a 3rd grader can figure it out!  We void the fraudulent debt and everyone keeps ALL the items they have so called debt on!  Then we can start to use a debt free currency and / or gold and silver!  Then we will have a robust economy like never before — OR WE LET THE BANKERS STEAL EVERYTHING!
      I was in about the third grade when the news was talking about the national debt and I asked my dad “who do we owe money to? And who could possibly be richer than the United States? And where did they get the money?”  And then my dad took a gulp off his beer and said “we owe it to ourselves!”  I said “that’s the dumbest thing I’ve ever heard of!”  That’s like me borrowing from my right pocket and setting fire to the interest and putting the rest in my left pocket!  This was about 1972!  But Dad was wrong!  We owe it to international Bankers running the biggest Ponzi scheme on earth called The Federal Reserve System!  And yes it really is this simple!  The bankers have a shoe-in on ALL loans they make!  All they have to do is stop lending and then start foreclosing on ALL debts! -meaning they now own everything that has a debt by having a license to counterfeit!  So we #1 keep getting fleeced by continuing to pay this fraudulent scheme!  OR #2 We declare ALL out of thin air debt NULL AND VOID because of FRAUD!   And we keep everything we have so called debt on!   MOST people don’t get this part!  Every car, boat, house, machine, tool, farm,etc.  has already been paid for by the fraudulent paper!   So no one loses!  (except the fraudsters)  WE sure as hell can’t give it to the banksters!  (let them steal it)   AND IT DOESENT MATTER IF THE BANKERS FORGAVE THE DEBT BY 99% ITS STILL UNPAYABLE!  (BECAUSE THE INTREST DOES NOT EXIST ) So when we void the FRAUD This will be the ultimate FRESH start for everyone!   Share this if you want THE solution to the WORLD’S problems!  If not, everything will continue to get worse until we have HONEST DEBT FREE MONEY and / or GOLD AND SILVER!  And there is plenty of gold and silver!  Just Divide the paper money (FRN) by the gold /silver and you have the value of them!  NO MATTER WHAT IT COMES TO per OZ!  Then we would be happy to work for SAY A ONE OZ. SILVER COIN A day ! Because a one OZ. silver coin (REAL MONEY) will buy what  $100 – $200 or more did before the reset!  THINK ABOUT IT!  This is what Scripture calls the jubilee!   “WICKED” Debt  And the amount and size of the debt has nothing to do with it being mathematically impossible to pay!  This fraud  is so “WICKED” that even a $10 loan is a Ponzi scheme here’s how it works!  I’m the new banks first customer,  I borrow $10 @ 1% interest I now owe the bank $10.10 but ALL the money in the world is $10 the .10 cents doesn’t exist (BECAUSE THE INTREST IS NOT CREATED) so some one else has to borrow some so called money and I have to find a way to get .10 cents from them so I can repay my loan!  Now say they borrowed $10 also now I somehow get .10 cents from them to pay my loan back!  But now he is short .20 cents to pay his loan! Now you can see how a $100,000 house that will cost you $265,000 to pay off because you have to pay $165,000 in interest (THAT DOES NOT EXIST) is a GIGANTIC PONZI SCHEME!  Now multiply that by millions of people in the U.S. and you can see how It turned into the monster debt we see today!  And for the loans that do get repaid multiple people have to default on there loans for you to pay off your loan! NOW you can understand why we have a rapidly growing homeless problem! Now that is a WICKED debt money system that we must declare Void

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