Ed. Note: How does the private Fed get the “right” to extort the People through usury? Through our consent. So, STOP consenting to give away your unalienable Rights. What is “money?” It’s credit. Where does it come from? Our signature creates it. We, the People, could sign one massive BOND, pay off the debt, and fire the banksters and treasoners. Surely our lives are worth our weight in gold? Why not put the federal corporation on notice and when they acquiesce, we are golden, literally. Republic restored. Privatize ourselves. Check out Stating Your Claim. Read this PDF from Mary Elizabeth Croft. Also check out this site with lots of cool articles.
FedUpUSA Did printing vast quantities of money work for the Weimar Republic? Nope. And it won’t work for us either. If printing money was the secret to economic success, we could just print up a trillion dollars for every American and be done with it.
The truth is that making everyone in America a trillionaire would not mean that we would all suddenly be wealthy. There would be the same amount of “real wealth” in our economy as before. But what it would do is render our currency meaningless and totally destroy faith in our financial system. Sadly, we have not learned the lessons that history has tried to teach us. Back in April 1919, it took 12 German marks to get 1 U.S. dollar.
By December 1923, it took approximately 4 trillion German marks to get 1 U.S. dollar. So was the Weimar Republic better off after all of the “quantitative easing” that they did or worse off? Of course they were worse off. They destroyed their currency and wrecked all confidence in their financial system. There was an old joke that if you left a wheelbarrow full of money sitting around in the Weimar Republic that thieves would take the wheelbarrow and they would leave the money behind. Will things eventually get that bad in the United States someday?
Of course we are not going to see hyperinflation in the U.S. this week or this month.
But don’t think that it will never happen.
The people of Germany never thought that it would happen to them, but it did.
The following is an excerpt from a Wikipedia article about the Weimar Republic. Take note of the similarities between what the Weimar Republic experienced and what we are going through today….
Read a LOT MORE of this article with graphs, etc. at the site.
What does one trillion look like? All this talk about “stimulus packages” and “bailouts”…
A billion dollars…A hundred billion dollars… Eight hundred billion dollars…
One TRILLION dollars…
What does THAT look like? Read here.