Despite encouraging words from politicians and the establishment media’s talking heads, it is clear to me, and I believe most Americans who do not live in a regime ivory tower, that we are not coming out of the recession. In fact, things appear to be getting worse as unemployment continues to rise and businesses cut salaries or shut down. The fears that this recession could turn into another Great Depression are very real, as we have lost so much of our capacity to create wealth and the federal government seems determined to use up any remaining capital fighting endless wars, funding endless entitlement programs, and spending trillions of dollars on non-wealth-creating “stimulus” programs while handing out even more trillions to their bankster buddies and corporate cronies. However, another 1930s-style depression is not what keeps me up at night with worry.
America could survive another Great Depression if it was like the last one. Sure, it would be extremely painful, but it would be manageable, as it was before, and eventually we would come out of it, despite the fact that the government would most certainly make all the wrong moves along the way. However, what really terrifies me is a hyperinflationary depression.
According to John Williams at ShadowStats.com, in an article titled Hyperinflation Special Report, hyperinflation is not only possible, but inevitable due to the overspending of the federal government, and the printing press of the Federal Reserve, which as Congressman Ron Paul continuously reminds us, prints money out of thin air. Williams’ report is a truly terrifying read that insists that the coming hyperinflation could get so bad that we will have to resort to the barter system as the dollar will become nothing more than very rough toilet paper. He cautions that electronic banking will cease to work and for a time no one will have any money at all, not even inflated currency. You can certainly imagine the type of Hell on earth this will create for the American people.
Economists continually try and sell the public the idea that recessions or depressions are a natural part of what they call the “business cycle”. This timeline below will prove that is simply not the case. Recessions and depressions only occur because the Central Bankers manipulate the money supply, to ensure more and more is in their hands and less and less is in the hands of the people.
Central Bankers developed out of the ancient money changers and it is with these people we pick up the story.
48 B.C. Julius Caesar took back from the money changers the power to coin money and then minted coins for the benefit of all. With this new, plentiful supply of money, he established many massive construction projects and built great public works. By making money plentiful, Caesar won the love of the common people, but the money changers hated him for it and this is why Caesar was assassinated. Immediately after his assassination came the demise of plentiful money in Rome, taxes increased, as did corruption.
Eventually the Roman money supply was reduced by 90 per cent, which resulted in the common people losing their lands and homes.
30 A.D. Jesus Christ in the last year of his life uses physical force to throw the money changers out of the temple. This was the only time during the the life of his ministry in which he used physical force against anyone.
Economists continually try and sell the public the idea that recessions or depressions are a natural part of what they call the “business cycle”. This timeline below will prove that is simply not the case. Recessions and depressions only occur because the Central Bankers manipulate the money supply, to ensure more and more is in their hands and less and less is in the hands of the people.
Some good will come from the current meltdown of the U.S. economy if it results in the replacement of the Federal Reserve System (privately owned). The government would then print money as the Constitution requires. President Woodrow Wilson went to his grave stating that he had betrayed his country in 1913 for his part in the establishment of the Federal Reserve which is controlled by a consortium of international bankers.
There are precedents for opposing the Fed. In 1837, President Andrew Jackson eliminated a similar private money system and returned to government printing. President Lincoln financed the Civil War by printing greenbacks. This could well have caused his assassination.
