Godlike Productions - Discussion Forum
Users Online Now: 2,336 (Who's On?)Visitors Today: 1,306,212
Pageviews Today: 2,180,539Threads Today: 877Posts Today: 15,570
08:39 PM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT COPYRIGHT VIOLATION IN REPLY
Message Subject We Know The Secrets of The Federal Reserve
Poster Handle FHL(C) nli
Post Content
Thread: G. EDWARD GRIFFIN: Where does money come from? Where does it go? Who makes it?

I heard and seen the guy before, but some of what he says is false.

He says that just only recent has the U.S. had to borrow from the fed, and that just meant them printing money. Maybe in his research, but it has been loaning money since the beginning and transitioning all old treasury money out of existance and putting all banks under the federal reserve system. Meaning if you open you own bank, it must only do business in reserve notes. He does touch on this but doesn't really touch that this is all by design.

So when he says we borrow a dollar and pay it back in a year but it is devalued. This is right but makes no sense how he says it. What happens is we borrow a dollar, and in a year it takes 100 dollars to pay back the dollar due to it losing value, so we must borrow 99 dollars to pay it back and pay those 99 back next year which now cost us 10000 and the cycle keeps going to were we can never be out of debt.

So the fed must keep loaning money, but they don't do that without collateral which he never touches on.

What is the collateral?
The people and the land. People pay a certain % of taxes thru life. The more the debt, higher taxes owed to the fed, the higher the aprraisal of population depending on economy. The land is the other, which is almost all gone. Do research on what the banks own as for land. Read your mortgage and then figure those in. You can make all your payments but the last 3 and even that you have paid 3 times what you borrowed, you still lose the property.


Look at the BLM, and government lands. Homestead act gone and they now control all the land left. This land belongs to the fed cause the gov is borrowing against it and it can never be paid off.


There is only one fix to this. It is not organization, and getting involved in gov. We are way past that and this guy knows that.

Because he tells partial truth and lies about there being a peaceful way to fix this tells me he is a paid shill speaking half truths and giving the public hope for a peaceful solution, while the other side prepares.
 Quoting: Anonymous Coward 13371913
 
Please verify you're human:




Reason for copyright violation:







GLP