The Oracle with Max Keiser - 13 February 2009 (2 of 3)
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Petrodollar recycling is the reason the sick American government as well as the NWO Fed want Americans to spend and consume themselves to death.
They want to preserve their scam with the OPEC. It is all unraveling.
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fema camps!
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if we hand the money making back over to the government we wont be paying interest, thats A big difference. But the criminals will never do it, its their INTENTION to destroy the us
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Peter shared pure disinfo. We should end the private federal reserve now &begin again a gold standard.The FR is a monopoly on money for the big banks.They make trillions off insider trading since they control the interest rates.
They create bubbles deliberately that they might end up rulers of us all. They print money out of thin air which is an inflation tax which weakens the dollar. The FR receives interest & principle on printing money out of thin air & "loaning" it 2 to a complicit govt.
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Greenspan &Bernanke are just frontmen of the owners of the federal reserve: Rothschild, Rockefeller,... Rothschild,Rockefeller & the other owners r the 1s who made the ultimate decisions & should be put in jail. The owners of the federal reserve need to pay trillions of dollars back to the AMerican people. They've made trillions of dollars in profit off deliberate low interest rates which caused the tech and house bubbles, off balooning the national debt, off printing money out of thin air.
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Although that is true to some extent, it is MUCH better to have the treasury just 'print' it than have it controlled by banking interests.
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his point was merely that getting rid of the Fed does not solve the problem if the money is just printed by the Treasury. You're only substituting the printer. You need a gold standard to prevent that.
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all loans should be 100% backed that Central banks issue and not backed by creating central bank thin Air values backed by nothing but a promise and traded as speculation of the resulting tax revenue flood (& % interest) of a nation. That is just slavery and we all know it!
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gold backed alone is not the answer, Money in circulation should be debt free like the early "greenback" and partially be backed by "sliver" as a minimum Govt guarantee as in like 20% that is would be not as scares as gold alone and people would have a 20% trust in the dollar again. this would work for all currencies if the fractional private Banking system would be fully banned & abolished for good
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Yeah, its about damn time.
Schiff had better get outta Connecticut. An angry crowd might show up and force him to run for President. :O)
InTheSticks1881 3 years ago 9
wow max and peter. good to see them both on the same stage. the oracle show is by far more informative then all the cnbc's, fox, bloomcrap etc...
hotfriday 3 years ago 9