Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

How the Controllers (NWO) Steal Your Wealth Using the Modern Banking System

Friday, February 14, 2014 11:14
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Did you know that every time the Federal Reserve (Fed) prints money (also known as quantitative easing), they are stealing your wealth without your knowledge. Ever since the Fed started printing fiat money, they have been creating money with little or no value. When this worthless money is circulated into the economy, it devalues the original currency and therefore it causes inflation, which is nothing more than a hidden tax on the public.

The Fed’s action of printing fiat money into the economy is the main reason why the US dollar has lost more than 95 percent of its value since the Fed was created in 1913. Because of this, it costs us more money to purchase the same quantity of goods and services (e.g., food, gas and electricity); therefore, it destroys our standard of living.

The Controllers or New World Order (NWO) are the people in charge of many of the world’s central banks. One of their goals is to use the modern banking system to destroy our standard of living by enslaving us with debt that they created through fraud. One of their favorite techniques to destroy our standard of living is through the use of inflation.

Here is an excerpt from an article I wrote at my other website about why inflation is a hidden tax.

Behind the scenes, this is how the Fed works. When the USA’s government needs money, it relies on the Fed, which has the power to print money. The Fed agrees to give the USA’s government money in exchange for government bonds. Once all is said and done, the Fed prints out the amount of money requested by the USA’s government. So, why is this a bad thing? It is bad because the Fed is basically creating money out of thin air and loaning it to the USA’s government. This is no different than borrowing money from a foreign country. Money that is created out of thin air has no value. If you understand economics, you know that this will decrease the value of the current existing money supply, which can lead to inflation. Inflation is nothing more than a hidden tax on the public. The value of a country’s currency is mostly dependent on the goods and services of that country, not its injection of more money into the current money supply. With this type of money system, it is impossible to get our nation out of debt.

Read full article

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.