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Monday, June 13, 2011

IT’S THE DEBT, DUMMY

The Gay Secretary

Under the private central bank debt-based currency model, everything the banks or the government does creates more debt than it does the money supply.

There is nothing the banks or government can do that doesn't accelerate the debt faster than the money supply.

The Federal Reserve is doomed by its design to implode, but only after transferring all the real assets to the owners of the private central bank.

The Federal Reserve System is working as it was designed to so; the wealth of the nation to the bankers, and worthless paper notes to the people.

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