The Seal of the Federal Reserve System
Hyper-inflation is moving in to your neighborhood, permanently. In fact, if it hasn’t already come knocking on your door, you’ll probably find it comfortably watching cable television in your favorite recliner when you get home from work. Don’t be shocked to find it has eaten all the food, drank all the beer, and sold some of your property in order to make payments to Pay-Per-View. In fact, most hosts complain that hyper-inflation just doesn’t want to help around the house, and that they are constantly picking up after it – finding last week’s grungy, worn-out jeans over the couch, dirty underwear left in the kitchen sink, and greasy boxes of hard pizza scattered along the floor, floating in a shallow sea of crumpled cans. It’s like Oscar Madison on a drunken-binge.
In case there was any doubt that the Federal Reserve is not a federal agency and operates outside the scope of Congress and the wishes of We the People, you should be comforted by the fact that the Federal Reserve, in a move to “bolster liquidity” has pumped over $630 billion (U.S. dollars) into global central banks. The bailout plan failed, so the FED acted anyway, printing off billions of dollars of more debt. Yes, debt – for you and me to clean up.
As I’ve stated elsewhere, inflation is a hidden tax caused by the increase of money supply in the overall economy. With every dollar added to circulation, the value of the currency drops. That result is obvious in the ever-increasing prices we pay for goods and services. So, we pay more for groceries, for gas, for utilities, for cable television and so on and so forth. With so many of us already “strapped” for the funds necessary to keep up with the rapidly climbing food and energy prices, more inflation will make everyday living all the more difficult. But, obviously, the FED knows what it is doing, … right?
Well inflation will hit us just as hard as the proposed $700B bailout package, which is currently being revised and fancied up in order to make it more palatable the second time around through Congress. They want to give you some tax breaks and temporarily raise the FDIC insurance limit so people aren’t so panicked. Yet you’ll feel inflation everywhere – at the pump, the grocery store and when you open your utility statements. Inflation/currency depreciation is just the beginning, however. All of this new money is backed by treasury bonds that will have to be paid in the future – with accrued interest. You and I and future generations of taxpayers will have to pay the bill. So, “pay me now and pay me later” is the banker’s motto, and Bernanke has certainly fulfilled his promises to the elite who operate the world’s central banking system. He has assured, through inflation and interest, that the American people will keep paying for years to come.
You didn’t get a vote. You weren’t even told about it until after the fact. Sounds more like a financial dictatorship to me than a democratic Republic.
Filed under: Conspiracy, Current Political News, government, politics , $630B, bailout, banking, Bernanke, bolster, business, crisis, economics, economy, Federal Reserve, finance, financial, hidden tax, inflation, liquidity, money creation, treasury
