Tuesday, August 27, 2013

Money - The World's Most Dominant Religion

This extraordinary documentary, made by the Mises Institute in 1996, is the clearest, most compelling explanation ever offered of the Fed. (42 mins)

Businesses and homeowners are being systematically robbed by government via vast chains of default or "bailouts" or takeovers or "penalties". These are purposefully mislabeled exchanges of money. It starts with businesses being gobbled by equity firms or homeowners being taxed to oblivion. It continues with banks and larger holding companies gobbling all the smaller fish in the pond. It ends as a government fine or levee. Government "regulators" simply have to wait until the alpha bank is sufficiently stuffed with meat before piercing it once and scooping up the effluence with one fell swoop. It's a mop job of historical proportions.