The video portrays the commercial banks as the perpetrators of inflation. I submit the onus of inflation is the Federal Reserve practice of accepting Treasury securities and making book-entry fiat money in an account for government expenditure. The government checks then become additional reserves for the aggregate commercial banks to expand. The Fed’s receiving of $8.4 trillion from the auctions of Treasury securities last year, with NO report of that income to Congress, sounds like embezzlement to me. Ref. http://www.usa-the-republic.com/banks/Federal_Reserve_Ripoff.pdf
Thank you for this presentation to explain the real path of loan, interest and the burdensome debt to slave ratio that has been the corporation hoax and punishment for being the worker bees. This needs to be seen by the people.
The real path of loan should be enlightened to everyone, a must see one!
Hey Barb! Glenn Beck also addressed monetizing of US debt.
I know you think Beck hates the 9-11 victims, but I kinda agree with the 1st poster on that page. You didn’t play the whole segment. But I forgive you & don’t hold it against you. We all make mistakes.
Not meant as a smarmy comment.
I like that you are trying to get the message out about the NWO take over of the US & force US into a one world govt.
The real villain appears to be the FRBNY that handled the $8.4 trillion from the auctions of Treasury securities in 2010. How much of that was profit, or all of it, and not reported to Congress is unknown but each auction that is not reported could be worth 5 years. Ref. CRIMES OF THE FEDERAL RESERVE, http://www.scribd.com/doc/62167283