Originally posted by SkepticOverlord
Is the Federal Reserve a scam
My questions regard the Federal Reserve... (mostly)
Judging from your
Rule by Secrecy, there's little doubt that you will confirm that the Fed is indeed a scam. However, there's a few points
I'm still unclear about.
1. If each dollar printed comes with a debt in the form of an interest bearing bond or t-bill, it is of course, impossible to repay the principal.
However, this assumes that no assets is created outside the Federal Reserve.
If for example, a gold mine is discovered, can't this gold be used to pay back the principle?
2. Why does the Federal Reserve give back most of its profit to the treasury? (~30 billion/year) Is it simply a control mechanism and not in itself a
profit maker for the elite?
3. Have you yourself ever been accused of being an anti-Semite by detractors? (ie. The ADL branded David Icke an anti-Semite and said "illuminati"
was actually a code word for "jews".
4. Do you know of any modern conspiracies involving Freemasons? Is modern masonry being used for nefarious purposes? In your opinion, are there any
"hidden levels"?
5. In a book you contributed to,
You Are Being Lied To, Russ Kick mentions that out of of every dollar "put into economic trade, $66 is put
into high-risk speculation." In your opinion, how does this relate to today's financial crisis? (assuming of course you generally agree with the
stat)
[edit on 27/10/08 by ConspiracyNut23]