Where does the money come from?
We all know that the Federal Reserve CORPORATION prints money - then loans it, at interest, to our government. But wait until you see what a total
scam this process is. But before we get to the meat of this issue, let's remember one thing about the very essence of banking - primarily that money
should have some type of standard upon which its value is based. In the case of America, we operate on what is called a "gold standard" (i.e. our
money is backed by gold).
So, with that in mind, let's look at how money is actually created, and at what cost. If the Federal Reserve wants to print 1,000 one-hundred ($100)
bills, their total cost for ink, paper, plates, labor, etc. would be approximately $23.00 (according to Davvy Kidd in "Why A Bankrupt America"). Now,
if you do the math, the total cost of 10,000 bills would be $230.00 ($.023 x 10,000). But, and here's the catch - 10,000 $100 bills equals $1,000,000!
So, the Federal Reserve can "create" a million dollars, then LEND it to the U.S. Government (with interest) for a total cost of $230.
00! That's not a bad deal, huh!
The banking industry calls this process "seignorage." I call it outright THEFT. Why? Well, regardless of the immense profit margin ($1,000,000 for
$230), plus the huge interest payments, our government then needs to STEAL the American people's money to payoff their debts via a Mob-like agency
called the IRS. So the bankers steal from the government, then the government turns around and steals from the people. I'm no genius, but who do you
think is getting screwed in this process? US - the people at the bottom rung of the ladder.
What's worse is that - now catch your breath - there's NO MORE gold left in Fort Knox! It's all gone. In other words, the GOLD STANDARD that our
financial system was based upon is now an illusion. We can't convert our money into gold --- only other currency. The entire underlying basis for our
money is now a lie - a sham. The Federal Reserve has become so arrogant that they've become a literal MONEY MAKING MACHINE, creating currency out of
thin air! So that's where the Fed gets their money - they literally make it, then lend it to us so they can make even MORE money off of it.
edit on 5-2-2013 by cornucopia because: spell check