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Showing posts from January 19, 2015

Social Insecurity

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Copyright Mickey L. Knight 2015 All Rights Reserved
We live in a fraudulent society. Our money system is based upon smoke, mirrors, and an inexhaustible printing press. The Central Banks loan money to client banks at zero percent interest or less. This gives these banks the illusion of liquidity so that the banking system can creates more money out of thin air by entering a number in a ledger.The saver gains nothing for his savings, except inflation.
In the US, bonds are sold illegally, directly to the FED, via intermediaries who game the system generating profits without risk, the debt piling deeper and deeper on an unwitting public who are allegedly responsible for the interest and the principle.
Real assets, such as commodities, machinery, and real money (gold and silver), are manipulated in the marketplace by speculators who keep the profits and are bailed out of their losses by complicit governments. Instead of grain, bullets are often doled out at bread lines.When the dollar fa…