zeitgeist's Blog

                                                    
              Money

First off its important to note that everything I say in this blog is fully researchable, dont just read and believe, do your own research.

Everyone must make money and pay taxes for that money. The days of being 100% self sustaining are long over. The money being circulated throughout our economy is loaned "at interest" from the federal reserve bank.

What does that mean? That means every dollar is loaned, meaning instantly a debt is created and owed for borrowing a dollar from the federal reserve. Then the government and the I.R.S. makes everyone pay a personal income tax to cover this debt.  This is a system designed by the federal reserve and central banks to keep americans in a constant state of debt.

You know we all wonder why the cost of everything seems to keep increasing, this is a big misconception, the cost of everything is not escalating, the value of the dollar is declining rapidly. People for the most part have no idea the U.S. dollar is nothing more than paper backed by the taxes paid by you on that money. If you look at a dollar printed before the mid 1930's you will see it has a value redeemable in gold. Now it bears the pathetic statement "federal reserve note'.

The reason people accept the dollar as not worthless, is because it is "backed".

The backing, according to the Federal Reserve, and almost any economics text one can find, is that a dollar is backed by future claims to wealth of American taxpayers and other income sources of the Treasury. There is no metallic reserve.

Its obvious that the more money they allow to be in circulation decreases the value of each dollar.   As of March 2004, about $667 billion in currency was in the hands of the public, both foreign and domestic, that was included in the U.S. money supply. Currency is included in all measures of the money supply, including the well-known varieties, M1, M2, and M3.

A good anology to compare this to is if a kit came out that you could buy in stores that allowed everyone to chemically grow diamonds at home. Naturally the diamonds worth would decline rapidly due to the abundance of its availabilty. This is what is happening with our money,  The federal reserve has foolishly been loaning more money into circulation to patch the holes left by the cost of previous and current wars. The end result is ultimatley the dollar being what it is, completley worthless. A new system of money will then be implemented to replace what we use today, just like they replaced the gold standard in the 1930's.  If you have extra money to do so get yourself gold while you can still buy it with the federal reserve notes.

I am in no way affiliated with any government agency, or precious metal companies. Look at how gold has maintained value and how much more it is worth than the dollar we use today. Remember the depression? When this happens that will look like a vacation.