This is a must watch video. If you really want to know how we got here, in the financial mess that we are in today, then you need to watch this video and understand exactly how we got here.
The Federal Reserve System is the greatest scam of all history — Because it is NOT:
a Reserve (there are no Financial Reserves)
a System (it is New York based — with the illusion of National presence)
Mr Griffin sites seven reasons why the Federal Reserve System shoul be abolished:
It is incapable of acheiving it’s stated objectives
It is a Cartel — Operating against the public interest
It is the Supreme instrument of Usery
It generates our most unfair tax
It encourages war
It destabilises the economy
It is an instrument of Totaliterianism
It’s long weighing in at 105 minutes — but Mr Griffin is a master public speaker, a diligent researcher, and above all it is highly entertaining piece that everyone should hear.
And know this — You can watch/listen to this video much quicker than it took Mr Griffin the years of painstaking research, or ever to read his weighty tome as the same (which is a MUST read, btw ;-)).
Split it into two parts if you must, or more, but make sure you understand all that is in this great, great lecture.
A closing thougt from Mr Griffin:
Federal Reserve System does not need to be audited… It needs to be abolished!
Not directly related to gold I know but how is it that big companies like Apple, Amazon, Starbucks, Microsoft, et al get away with paying virtually no tax on their massive profits?
This robs the local governments of much needed financing which has to be found from other sources — usually the likes of you and me to make up the shortfall — This is an utterly amazing exposé of how the whole offshore industry fits together.
Of-course, we could now do the same thing ourselves and take an an example from the fine corporations of the world.
Yra Harris is called a “trader’s trader.” He says the latest deal on Greek debt is just
“pretend and extend.… ”
The real problem is Spain because they’re big, they’re in debt and they have 27% unemployment.” Everyone in the Western world is dealing with the sovereign debt mess by printing money and suppressing interest rates.
“As long as real yields are negative, of course, gold is going to go up.”
Harris is afraid inflation could get out of control and says:
“It’s like being a little pregnant, you can’t really control it. Nothing destroys democracy like inflation–end of story.”
If Democrats and Republicans can’t reach a deal to avoid the so-called “fiscal cliff,” then Harris contends,
“Deflation … is bullish for gold because everybody knows what the central bank will do to answer the call … the Fed will become that much more aggressive.”
Paul Grignon has produced another informative and some ways entertaining video about the money system called What the Heck is a Bailout?. This is only 9 minutes long and well worth a watch to explain what these terms “bailout”, “debt” and “money printing” really mean.
Also checkout his Money as Debt site and other work and give him some support if you can — we all need to play our part to help straighten things out here…An impossible task I know…