The media hyperventilators blow life into our fantastic
Posted: Thu Jul 10, 2025 5:32 am
Dollars haven't been dollars since the 60s when the government ended silver certificates and silver coins. The “Federal Reserve Note” in your pocket is three lies rolled into one “bill.” A dollar bill that only promises more debt. They are not federal. It is a privately owned banking system that was fraudulently “chartered” by Congress in 1913. They have almost nothing in reserve. They loan out more than they have, with a fractional reserve scheme, keeping only a fraction in “reserve”.
To “cover” the day's transactions. In 1928 alone, the Federal Reserve Bank made loans, of the then gold backed dollar, to its member banks, in an amount that was six times the known gold supply of phone number list the world. Since 1933 when FDR banned gold as a medium of exchange to prevent the imminent run on the banks, there has been almost no substance to our national economy. With the end of silver based currency and coin in the 1960s the remaining substance to our economy was gone. That's the third lie -- the Federal Reserve Note isn't even a note. Legally, a note requires four things to be valid: There must be a payer, a payee, something to be paid and a time when it will be paid.
A “dollar” note backed by silver and issued by a bank or the government (payer), pays to the bearer (payee) and amount of silver (something to be paid), on demand (time when it will be paid). Hey, stupid -- the “Federal Reserve Note” pays nothing, to no one, at any time. It's not even close to being money, in any real sense. elastic “monetary supply” with their daily reports of how the economy is going. The “economy” is created and maintained by the pundits who are paraded across our viewscreens and journals manifesting reality on the force of their say so. “Consumer confidence” is what makes the wheel of unreal money turn. Our fiat, or faith based economy exists solely on the “full faith and credit” of the American people. Hey, stupid -- it's “faith,” because enough people continue to believe that unreality is real, so we can pass notes that really aren't even notes, between ourselves under the collective belief system that it is somehow money.
To “cover” the day's transactions. In 1928 alone, the Federal Reserve Bank made loans, of the then gold backed dollar, to its member banks, in an amount that was six times the known gold supply of phone number list the world. Since 1933 when FDR banned gold as a medium of exchange to prevent the imminent run on the banks, there has been almost no substance to our national economy. With the end of silver based currency and coin in the 1960s the remaining substance to our economy was gone. That's the third lie -- the Federal Reserve Note isn't even a note. Legally, a note requires four things to be valid: There must be a payer, a payee, something to be paid and a time when it will be paid.
A “dollar” note backed by silver and issued by a bank or the government (payer), pays to the bearer (payee) and amount of silver (something to be paid), on demand (time when it will be paid). Hey, stupid -- the “Federal Reserve Note” pays nothing, to no one, at any time. It's not even close to being money, in any real sense. elastic “monetary supply” with their daily reports of how the economy is going. The “economy” is created and maintained by the pundits who are paraded across our viewscreens and journals manifesting reality on the force of their say so. “Consumer confidence” is what makes the wheel of unreal money turn. Our fiat, or faith based economy exists solely on the “full faith and credit” of the American people. Hey, stupid -- it's “faith,” because enough people continue to believe that unreality is real, so we can pass notes that really aren't even notes, between ourselves under the collective belief system that it is somehow money.