The Fed’s Money-Making Machine
June 30, 2008 by Bob Livingston
What does government creation of money really mean? Well, under disguise of economic crisis, the Fed is stealing the country.
Printing money is a crime if you do it. But if monopoly power of government does it, it’s called “monetization.” Government is now trying desperately to inflate because the more inflation, the more wealth is stolen.
• Governments steal as much as they can without collapsing the system.
• The more money they create for nothing, the richer and more powerful they get.
• The bigger the government gets and the more reckless it gets, the more it must suppress its people because many begin to wake up.
• The bigger government crime, the greater the propaganda and deception.
• Fact: Every dollar the government creates means that dollar is stolen from the people. Paper money confiscates wealth.
Government deficit is a most deceptive term. The popular illusion is that the government is spending too much money. What is really happening? Everyone talks or writes about the government printing money, but what is really happening?
The act of money creation means that more and more of the national wealth flows to the federal government. How in the name of Pete do people think that the United States government became so powerful and so wealthy in property?
The government produces nothing. It has to steal and it does so on an unimaginable scale. The mind of man cannot deal with such a massive transfer of wealth, and few people even suspect it. Why do people not know about the biggest fraud in history?
The answer is that the income tax serves to cover or mask the fraud perfectly. The minds who created this chicanery were masters of deceit. Is this crime too big to believe or too big to understand?
The government hides the fraud by getting the people to believe that the income tax supports the government and pays its expenses. The truth is that the government gets its wealth and power for nothing. It only has to create its money and the deception to hide what it is doing.
Writers, in trying to explain the U.S. trade deficit, lament that, “The U.S. has been living beyond its means.” This serves as a mask for the truth that the U.S. government has consumed the national wealth via the printing press.
Is the truth too horrible to face? How can there be such a thing as human liberty when the politicians and federal judges are paid and pensioned by the federal government?
We simply don’t think.