of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states and nation. At the head is a small group of banking houses... This little coterie...run our government for their own selfish ends. It operates under cover of a self-created screen...seizes...our executive officers...legislative bodies...schools...
courts...newspapers and every agency created for the public protection.”
N.Y. Mayor, John Hylan
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AMERICA'S FIAT MONEY SYSTEM A SHAM
The Current Fiat Money System Has Allowed Private Federal Reserve Ownership to Rape America’s Labor and Resources and Hope for a Prosperous Future.
Below is Part 5 in our fiat money system series.
- Part 1 - A Fiat Money Definition
- Part 2 - Dangers of Fiat Money Economics
- Part 3 - America and its Examples of Fiat Money
- Part 4 - Solution to the Fiat Money System
The following passage comes from The Legalized Crime of Banking and a Constitutional Remedy (1958), by Silas Walter Adams and is a continuation of his thoughts on who should control our money supply (see Part 4)…
FIAT MONEY LEADS TO DEVALUATION
"… That is exactly why the wise men who wrote the Constitution of the United States couched in the same ‘power’ both the coining of money, and the fixing of the standard of weights and measures.
"To tell me that a gold dollar has so many grains of gold is of no interest to me, because I do not intend to use the metal. My only purpose would be to use it to buy a commodity, say coffee.
"The bankers still say that the standard value of our dollar is gold; yet in 1943, before World War II dragged us in, you could buy four pounds of coffee for $1.08; now one pound of coffee will cost you $1.09; so in '43 the gold dollar was worth four times what it is today, in the coffee market of the world.
"How absurd.
"And Uncle Sam is still paying $35 an ounce for gold.
"The defenders of ‘creditalism’ say that coffee costs more to deliver it to the customer . . . always, they say, ‘because wages went up — the damned union!’ And the Union replies that we had to have more because what we bought cost more . . . on ad infinitum . . . to nausea.
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FIAT MONEY: PROPER CONTROL = STABILITY
"When Congress controls volume of dollars, if a dollar would buy a bushel of wheat today, a dollar would buy a bushel of wheat August 19, 1997; for the relationship and the relative values of the deposit dollar and the commodity for sale, would not change.
"So in the end the value of the dollar would be fixed in terms of corn, wheat, spuds, tuna fish, or what have you; and when once fixed, it could not fluctuate; for if it did, then my dollar which could not fluctuate in volume and therefore purchasing power, would not buy my necessities.
FIAT MONEY: BERNARD BARUCH
"The high priest of fluctuating values, Bernard Baruch, and the patron god of the Federal Reserve System, which pours new deposit money into the deposit reservoirs in a constant flood; and has been doing it in ever increasing flood volume since their complete bust in 1933, and their reshoring the dykes with legislation in 1934, says now, in today's Saturday Evening Post:
"‘. . . my experience as chairman of the War Industries Board in World War One taught (me) that if inflation were to be prevented in a second war, a ceiling has to be imposed on all prices, wages, rents and profits at the very start of the emergency. (But every day is an emergency.)
"‘But when World War II started, both President Franklin Roosevelt and Congress decided to 'wait and see.' The necessary over-all ceilings were not imposed for two years and then only after the inflationary race was on.
"‘The same process of wait and see was repeated in the Korean War.’
"If price ceilings in war times, why not in peace times?
"Barney had his mind on what his dollar would not buy, and wanted to lay the whole blame on the price the seller charged. He wanted to continue his stream of new dollars, and then have the Congress and President compel people to take his cheap dollar at the old (in the 30's price level) dollar's buying power."
FIAT MONEY: AMERICANS FUNDING THEIR OWN DEMISE
As Adams explains fiat money and the Federal Reserve, it should be clear that money creation is a key to totalitarian Globalization (New World Order). More education on this is available at Federal Reserve banking history and Money Creation.
Once you understand that the elite cabal funds its Global Community programs (the ones our corrupt officials in the US government follow obediently) through illegal taxation and fraudulent debt creation, you can begin to see that one solution is to go after that funding.
By blindly buying into Federal taxes, a mountain of debt, and accepting the lies surrounding our fiat money, Americans are unwittingly funding the elite and their totalitarian plans.
It doesn’t have to be this way. If the people are educated on the fraud, the fraud falls apart.
We suggest you allow Aaron Russo to educate you on the fraudulent tax issue and take advantage of our debt elimination program.
FED CREATION OF MONEY: OUR SOLUTION TO TYRANNY
We’ve discovered the debt solution by becoming experts on legally eliminating your debt. This process will free you financially while reducing the amount of money available to the banking cabal. We must cut the cabal’s funding and for every dollar of debt you legally eliminate through us, you’re cutting $33 out of their pockets because of their fractional reserve banking scam.
You’ve listened to Adams talk through money creation and fiat money. Now it’s time to join us and take the positive step toward removing the funding the elite cabal is using to enslave us. Talking isn’t enough anymore. Keeping your money out of the banksters’ coffers is real, positive action.
Join our Debt Relief Education Program today. Just fill in your information below to see if you qualify:
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