hmm "Dollars and Sense" Produced in 1975 by The John Birch Society
"This timely film explains the characteristics necessary for honest money and defines inflation -- its cause and cure. Also warns of the danger of an unbacked dollar issued and controlled by a central bank like the Federal Reserve system and exposes the planned debauchery of our currency. Produced in 1975 by The John Birch Society and written by John F. McManus."
Links to important news articles by The New American magazine:
A New Era of Irresponsibility With President Obama proposing in his fiscal 2010 budget to double taxes while doubling the national debt, one wonders when "a new era of responsibility" will really begin. [link to findarticles.com]
Economic "Bankruptcy Bill" Behind the unprincipled politicking going on with the stimulus bill is the sobering reality that the nearly $800 billion price tag will do nothing to stimulate the economy. [link to findarticles.com]
Global Fusion The goal of the G20 is to transform the IMF into a global Federal Reserve, moving us closer than ever to the creation of a world government under the United Nations. [link to findarticles.com]
Bretton Woods While WWII raged in 1944, 44 delegations met to create a world currency, bank, and trade organization. They fell short of that goal, but what will happen this time? [link to findarticles.com]
Government's Attack on the Dollar The government is weakening the value of the dollar through deficit spending, thereby passing on a huge hidden tax to American citizens. [link to findarticles.com]
The Evolution of Money The rules of money state that for money to have worth, it must be relatively scarce, which explains why today's dollar is so unstable. [link to findarticles.com]
How the Monetary Mayhem Began The Federal Reserve has inflicted a century of financial havoc on Americans. Looking at how this came to pass reveals who desires this state of affairs and how they profit from it. [link to findarticles.com]
Creating Wealth The Federal Reserve's ability to create money out of thin air and to manipulate the value of the dollar gives if ultimate control over the purse strings of every American household. [link to findarticles.com]
Government Motors General Motors, once a proud success story of American free-enterprise capitalism, is now in the vanguard of our nation's precipitous plunge into full-blown socialism. [link to findarticles.com]
Re: hmm "Dollars and Sense" Produced in 1975 by The John Birch Society
comments under the video:
"Can't believe they knew all that in the 70s and couldn't avoid it now. This shows how media can direct people's attention away to worthless stuff!!!"
"This video is correct. Most people out in Youtube look at the increase of credit as an increase in dollars in circulation. Truth is, there has not been an increase in dollars in circulation. There has been an increase in credit/debt. The problem is, if banks can't lend, and if people are unwilling to borrow, creating credit is useless. This is what is going on now. Dont expect inflation any time soon."
"This is very interesting in the face of the current occurances. They already saw it coming back in the days. I wasn't even born when this film was recorded. The IMF already took over. It is changing huge amount of US treasuries and other countrie's bonds to SDRs every day. I guess not even 1% of the western population can imagine what that means. They aren't even aware of it and they aren't interested either. Not even my fellow students who study economics. It's a shame."
Denmark
