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prljr
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>Get Your Popcorn Ready for the Coming Keynesian Self-Destruction  - Nathan Lewis - New World Economics
"restructuring of their sovereign debt or outright default"
Then proceeded to have the private gangster bankers do it all over again to them. The same Gangster Bankers that lead them to financial destruction.
So there was nothing done differently and if they reverted to a Gold standard the SAME private gangster bankers would have still controlled it with a new central bank.
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." John Dalberg Lord Acton
Nothing will change until the owners are removed from ownership. No sovereign nation should pay private bankers any interest on the nations currency. The gangsters will crash it again and they will rebuild it again after many millions or billions of people will suffer.
Instead of making the gangster criminals suffer.
First of all the Federal Reserve is an INDEPENTDANT Agency and that means basically that there is NO other agency of GOVERNMENT which can OVERRULE actions that we take.
Alan Greenspan Federal Reserve Chairman

"Banking was conceived in iniquity and was born in sin.
The Bankers own the earth. Take it away from them,
but leave them the power to create deposits,
and with the flick of the pen they will
create enough deposits to buy it back again.
However, take it away from them, and
all the great fortunes like mine
will disappear and they ought to disappear, for
this would be a happier and better world to live in.
But, if you wish to remain the slaves of Bankers
and pay the cost of your own slavery,
let them continue to create deposits."
--- Sir Josiah Stamp (1880-1941)
President of the Bank of England & 2nd richest man in Britain
Source: Speaking at the Commencement Address of the University of Texas in 1927

"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country.

When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin!
Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out."
From the original minutes of the Philadelphia bankers sent to meet with President Jackson February 1834, from Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels

Thomas Jefferson:
“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.” USA 2013?

Reality what a bitch?


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Début de l'article :(This item originally appeared at Forbes.com on March 8, 2013.) http://www.forbes.com/sites/nathanlewis/2013/03/08/get-your-popcorn-ready-to-watch-the-coming-keynesian-self-destruction/ I have been enjoying a wonderful short book called Fiat Money Inflation in France, by Andrew Dickson White. It refers to experiments with printing press finance that began in 1789. The book was published in 1896. I will simply provide here some short excerpts. I thi... Lire la suite
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