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Conspiracies & Cover-ups
Blindness prevails, ignorance dominates!!!
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<blockquote data-quote="CaryP" data-source="post: 8117" data-attributes="member: 34"><p><strong>Blindness prevails, ignorance dominates!!!</strong></p><p></p><p></p><p></p><p>Rob,</p><p></p><p>Have you watched the video that I posted a link to in the Politics/Military/Law thread under "Money, Banking and the Federal Reserve"? The video does a great job explaining how money came about and developments into the modern day fractional reserve banking system. Money was developed as a means to speed up the velocity of commerce. Barter impeded the speed at which business was transacted. So a medium of exchange (money) was developed to accelerate the flow of commerce. </p><p></p><p>Before "money was invented" there were relatively few people of wealth in terms of possessions, power and influence. By today's standards they were peasants, but for the times they were considered "wealthy". The "middle class" American today lives a better lifestyle (in terms of material possessions and creature comforts) than royalty of less than 200 years ago. </p><p></p><p>It's unlikely that we would "all" go broke at the same time. But there is an increasing likelihood that most of the middle class will be wiped out financially when the series of financial bubbles engendered by the Fed Reserve begin to burst in the not too distant future.</p><p></p><p>Cary</p></blockquote><p></p>
[QUOTE="CaryP, post: 8117, member: 34"] [b]Blindness prevails, ignorance dominates!!![/b] Rob, Have you watched the video that I posted a link to in the Politics/Military/Law thread under "Money, Banking and the Federal Reserve"? The video does a great job explaining how money came about and developments into the modern day fractional reserve banking system. Money was developed as a means to speed up the velocity of commerce. Barter impeded the speed at which business was transacted. So a medium of exchange (money) was developed to accelerate the flow of commerce. Before "money was invented" there were relatively few people of wealth in terms of possessions, power and influence. By today's standards they were peasants, but for the times they were considered "wealthy". The "middle class" American today lives a better lifestyle (in terms of material possessions and creature comforts) than royalty of less than 200 years ago. It's unlikely that we would "all" go broke at the same time. But there is an increasing likelihood that most of the middle class will be wiped out financially when the series of financial bubbles engendered by the Fed Reserve begin to burst in the not too distant future. Cary [/QUOTE]
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Blindness prevails, ignorance dominates!!!
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