Monday, October 17, 2011

Dracula Could Only Wish

Without doubt, this terrific 1912 cartoon shows, in great detail, exactly how the Fed operates in manipulating our money even though this gem was drawn one year before the "great" Woodrow Wilson signed into law the Federal Reserve Act, (the updated version of the Aldrich Plan) thus creating the private non profit we all know and love as the Federal Reserve Bank, the "guardian" of the dwindling financial wealth of this once great nation.

In 1910, Senator Nelson Aldrich of Rhode Island was the political operative who colluded with the Wall Street bankers in secrecy at Jekyll Island to bring the vampire to life.

To me, the words elastic currency, in addition to fractional reserve banking, have become the twin pillars of profit for the banks (prior to turning dollars into bits) as the notion of an elastic currency gives easy entry to creating inflation through creative use of the money supply, something so simple to achieve yet is kept so hidden from public scrutiny to the point that we, the great unwashed, accept inflation as something "beyond" our control even though, in reality, it is anything but.

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