INFLATION ONCE MORE
Does government produce wealth?
To many, this seems like a silly question. They might say, “of course the government produces wealth. Every bill of currency is issued by the federal government, they are called Federal Reserve notes.”
If you have read my writings on “inflation,” you probably know better, but this statement contains two critical misconceptions.
1st, modern money is not wealth, it is merely a medium for exchanging wealth.
2nd, The Federal Reserve is not the federal government or even an entity within the federal government.
The Federal Reserve was designed by a cabal of government, and wealthy private industrialists in order to capture the currency production of the United States of America. It was then established by The Federal Reserve Act of 1917, and has operated since, “regulating” currency presumably, in order to “prevent monetary instability.”
As the prevention of monetary instability is the stated objective of this entity, its record suggests an utter failure in this regard and has rather enabled the theft of many trillions of dollars from the American public, and industry till the present.
When exploring the history of the FED, many might come to the conclusion that it has made many mistakes through the years. It has ignorantly participated in keeping the American economy on the brink of collapse, often falling into perilous flirts with economic disaster.
This view of the FED requires overlooking many incontrovertible facts. Granted, these facts are intentionally obscured from our headlines and common knowledge. Our politicians, media, and economics professors rarely mention them, allowing ignorance of the trials, and errors of the performance of the FED.
The actual stability, and security of American money have steadily, and now drastically diminished since the passage of the Federal Reserve Act.
How many Americans are concerned about where the trillions of dollars, spent by our government each year actually come from? We hear about Millions spent on this cause, billions spent on that cause, and now trillions to be spent on this other cause, but when added up, they eclipse the actual value of the American economy. It is impossible to spend that which does not exist.
We are living in a financial con, and this con is comparable to a snowball rolling down a 45-degree decline. At some point, it will crush us.
Contrary to the stated objectives of the Fed, its true objective is to plunder the producers, on behalf of the elites. To transfer the wealth of hundreds of millions of “middle-income” Americans, to bankers, and politicians. There is a conspiracy to separate you, and me from the fruit of our labor, and intellectual resources, and too many are following the rest of the lemmings over the cliff. Many of these followers are well able to understand what is happening, they just don’t want to. They’d rather be cheated than admit it.
The whole curriculum has been designed around the need to deceive intelligent Americans on this subject.
There is a book named, “ The Creature From Jekyll Island,” by G. Edward Griffin, which outlines many of the facts surrounding the sneaky, and unconstitutional creation of the Federal Reserve.
Many have read this book, and many have also cited it, yet too many overlook the tragic reality of its truth.
Someone once said that what can’t continue, won’t continue. This almost seems too simple, and like in the roaring 20’s, it just doesn’t seem like these doomsday prophecies actually come to pass. We keep coming upon hard times, and many Americans suffer terribly, but those that escape the destruction, not feeling the heat of the flame, minimize the actual destruction, and carry on as usual.
The truth is, there is no more wealth than is created by the work of people. Their wealth can be divided up, and embezzled from its producers, but when it’s gone, it’s gone. The thieves, having no desire to produce wealth, will squander their ill-gotten gain, and the absence of reward will disincentivize producers, which further reduces available wealth.
The only limiting factor in this reality is the goodness of God and the ingenuity of His people.
I believe that the incredible wealth generated by our American forefathers was due to their reliance on the Father of Glory, their concern for their fellow Americans, and their willingness to work. Physical, and intellectual wealth abounded for much of American history, and we now are in jeopardy of the diminishment of these traits, if we don’t revive them.
We must forsake the wisdom of fools, and cling to the wisdom of the ages, from the greatest book of all time, the Bible. Its laws are righteous. Its promises are true, and its author is faithful.
The Federal Reserve enables the most destructive instruments for economic destruction ever created. Those at the levers of control within the FED are like crack addicts, and we must begin their 12-step plan for recovery before we assume an economic fate similar to many crack addicts.
“Duty is ours, results are God’s” John Quincy Adams