QUOTES OF THE DAY

“The Federal Reserve System is nothing more than legalized counterfeit.”

Ron Paul

“Even if the absence of government really did mean anarchy in a negative, disorderly sense – which is far from being the case – even then, no anarchical disorder could be worse than the position to which government has led humanity.”

Leo Tolstoy

“Every election is a sort of advance auction sale of stolen goods.”

H. L. Mencken

“This much is true: you have been lied to.”

Ron Paul

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1 Comment
olde reb
olde reb
June 3, 2021 2:34 pm

“The Federal Reserve System is nothing more than legalized counterfeit.” Ron Paul.

Wrong. The Fed is much more than a counterfeiter,

1. It is an embezzler that has been used by Wall Street to illegally hide $28 trillion of theft from the Government. All profit of the Fed legally belongs to the government

2. The Fed is a Ponzi scheme. It creates credit in the form of Federal Reserve Notes as the principal of a quasi-loan with every deficit Treasury security auction. The obligation is to pay interest plus the principal to the purchaser. The interest is never created. It is impossible to culminate the agreement. A contract that cannot be culminated is an act of fraud which is void from its inception.

Ref. https://genzconservative.com/the-federal-reserve-for-dummies/#_ftn3. FEDERAL RESERVE FOR DUMMIES.