The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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The Biggest Ponzi Scheme In The History Of The World

America Is BrokeDid you know that you are involved in the most massive Ponzi scheme that has ever existed?  To illustrate my point, allow me to tell you a little story.  Once upon a time, there was a man named Sam.  When he was younger, he had been a very principled young man that had worked incredibly hard and that had built a large number of tremendously successful businesses.  He became fabulously wealthy and he accumulated far more gold than anyone else on the planet.  But when he started to get a little older he forgot the values of his youth.  He started making really bad decisions and some of his relatives started to take advantage of him.  One particularly devious relative was a nephew named Fred.  One day Fred approached his uncle Sam with a scheme that his friends the bankers had come up with.  What happened next would change the course of Sam's life forever.

Even though Sam was the wealthiest man in the world by far, Fred convinced Sam that he could have an even higher standard of living by going into a little bit of debt.  In exchange for IOUs issued by his uncle Sam, Fred would give him paper notes that he printed off on his printing press.  Since the paper notes would be backed by the gold that Sam was holding, everyone would consider them to be valuable.  Sam could take those paper notes and spend them on whatever his heart desired.  Uncle Sam started to do this, and he started to become addicted to all of the nice things that those paper notes would buy him.

Fred took the IOUs that he received from his uncle and he auctioned them off to the bankers.  But there was a problem.  The IOUs issued by Uncle Sam had to be paid back with interest.  When the time came to pay back the IOUs, Uncle Sam could not afford to pay back the debts, pay the interest on those debts, and buy all of the nice things that he wanted.  So Uncle Sam issued even more IOUs than before so that he could get enough notes to pay off his debts.  As time rolled on, this pattern just kept on repeating.  Uncle Sam repeatedly paid off his old debts by taking out even larger new debts.

Meanwhile, since the notes that Uncle Sam was using were backed by gold, everyone else in the world decided to start using them to trade with one another.  This was greatly beneficial to Uncle Sam, because the rest of the world was glad to send him oil, home electronics, plastic trinkets and anything else that Uncle Sam wanted in exchange for his gold-backed notes.

Eventually, however, the rest of the world started to suspect that the number of gold-backed notes that Uncle Sam was issuing far exceeded the amount of gold that Uncle Sam actually had.  So the rest of the world started to trade in their notes for gold.

And by that time Uncle Sam definitely did not have enough gold to back up his notes.  Realizing that the scheme was starting to collapse, one day Uncle Sam announced that his notes would no longer be backed by gold.  But he insisted that the rest of the world should continue using his notes because he was the wealthiest man on the planet and everyone should just trust him.

And the rest of the world did continue to trust him, although it wasn't the same as before.

As Uncle Sam got greedier and greedier, he started to issue IOUs and spend notes at a rate that nobody ever dreamed possible.  The great businesses that Uncle Sam had built when he was younger were starting to decline, and Uncle Sam started buying far more stuff from the rest of the world than they bought from him.  The rest of the world was still glad to take Uncle Sam's notes because they used them to trade with one another, but they started accumulating far more notes than they actually needed.

Not sure exactly what to do with mountains of these notes, the rest of the world started to loan them back to Uncle Sam.  It eventually got to the point where Uncle Sam owed the rest of the world trillions of these notes.  Even though the notes were losing value at a rate of close to 10 percent a year, Uncle Sam somehow convinced the rest of the world to loan him notes at an average rate of interest of less than 3 percent a year.

One day Uncle Sam woke up and realized that the amount of debt that he owed was now more than 5000 times larger than it was when Fred had first approached him with this ill-fated scheme.  Uncle Sam now owed more than 16 trillion notes to his creditors, and Uncle Sam had already made future financial commitments of 202 trillion notes that he would never be able to pay.  Meanwhile, the notes that Fred had been printing up for Uncle Sam were now worth less than 5 percent of their original value.  Uncle Sam was becoming concerned because some of his other relatives were warning that this whole scheme was about to collapse.

Sadly, Uncle Sam did not listen to them.  Uncle Sam knew that if he admitted how fraudulent the financial scheme was, the rest of the world would quit sending him all of the things that he needed in exchange for his notes and they would quit lending his notes back to him at super low interest rates.

And if the rest of the world lost confidence in his notes and quit using them, Uncle Sam knew that his standard of living would go way, way down.  That was something that Uncle Sam could not bear to have happen.

When a financial crisis almost caused the scheme to crash in 2008, a desperate Uncle Sam went to Fred and asked for help.  In response, Fred started printing up far more notes than ever before and started directly buying up large amounts of IOUs from Uncle Sam with the notes that he was creating out of thin air.  Fred hoped that the rest of the world would not notice what he was doing.

It seemed to work for a little while, but then an even worse financial crisis came along.  Once again, Uncle Sam started issuing massive amounts of new IOUs and Fred started printing up giant mountains of new notes to try to fix things, but their desperate attempts to keep the system going were to no avail.  The rest of the world started to realize that they had been sucked into a massive Ponzi scheme, and they lost confidence in the notes that Uncle Sam was using.  Suddenly nobody wanted to lend notes to Uncle Sam at super low interest rates anymore, and people started asking for far more notes in exchange for the things that Uncle Sam wanted.

Uncle Sam's standard of living dropped dramatically.  Since he could no longer flood the world with his notes, Uncle Sam could not continue to consume far, far more wealth than he produced.  Uncle Sam sunk into a deep depression as he watched the scheme fall apart all around him.

Uncle Sam had once been the wealthiest man on the entire planet, but now he was a broke, tired old man that was absolutely drowning in debt.  Unfortunately, once he was down on his luck the rest of the world did not have any compassion for him.  In fact, much of the rest of the world celebrated the downfall of Uncle Sam.

All of this could have been avoided if Uncle Sam had never agreed to Fred's crazy scheme.  And once Uncle Sam made the decision to stop backing his notes with gold, it was only a matter of time before the scheme was going to collapse.

Does this little story sound crazy to you?  It shouldn't.  The truth is that you are involved in such a scheme right now.  In case you haven't figured it out, "Uncle Sam" is the United States, the "notes" are U.S. dollars, and "Fred" is the Federal Reserve.

Please share this story with as many people as you can.  Our country is headed for complete and total financial disaster, and we need to get people educated about this while there is still time.

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  • MichaelfromTheEconomicCollapse

    What does everyone think of my little story? :)

    Michael

    • markthetruth

      Moral, don’t listen to Fred.

      the end…

      • Daithí

        Moral, don’t issue IOUs backed by nothing.

        • Olivier Francoeur

          Or do … at your own risk!

          But the Fed’s IOUs are NOT backed by nothing, otherwise they would be worth nothing.

          They are backed by a gun.

      • alan

        The moral will come sooner than you think.

    • Jim Davis

      I liked it.

      End the Fred!

    • John

      Analogies are often the best way to prove a point, and get others to see the light.

      • Ralfine

        Not many people understand analogies.

        • melissa

          Most people understand analogies. Most people dont understand direct points.

          • Mondobeyondo

            Many people don’t understand anything that requires more thinking than American Idol or Honey Boo Boo.

          • Steve OConnor

            The total amount of gold that has ever
            been mined has been estimated at around 142,000 tons. Assuming a gold
            price of US$1,000 per ounce, or $32,500 per kilogram, the total value
            of all the gold ever mined would be around $4.5 trillion. This is
            less than the value of circulating money in the U.S. alone, where
            more than $7.6 trillion is in circulation or in deposit.

            Quantity is irrelevant except for gold
            has a market value. If you wish to artificially set gold equal to
            some dollar amount, be my guest. But you’re not allowing the market
            to set it then. Thus you force the value of gold to skyrocket,
            effecting the commercial uses of gold. Not very free market.

            Once you establish gold or silver or
            whatever as your reserve, it now must stand against fiat currencies
            in the world market.

            Historically, gold backed currencies
            gain value against fiat currencies making them stronger and pushing
            the trend towards trade deficits. Free trade economists have noted
            this since at least the 1800′s.

            The result is an international balance
            of payments between the gold and non-gold currencies that is usually
            settled by a drain of the gold reserves of the gold standard
            currency. If the drain continues it wreaks havoc on the gold currency
            by eliminating its basis for value. In England a run on their gold
            reserves drove the value of their currency down relative to gold and
            their economy went into a deflationary tailspin.

            After WW II the U.S. had accumulated
            the vast majority of the world’s gold reserves (about $26 billion)
            leaving the rest of the world without enough gold to back their
            currencies. The solution was the Bretton Woods Agreement which
            established the gold exchange standard.

            Starting in the 1950′s through 1971,
            enough dollars (around $58 billion backed by a U.S. gold reserve of
            8,139 tonnes being valued at $10 Billion, (at $35/oz.).) had been
            sent to Europe in the form of foreign investment (lured by higher
            interest rates) to create inflation in those nations. France, Germany
            and England began cashing in their dollars for gold and rapidly
            drained our remaining gold reserves until Nixon was forced to abandon
            the gold standard on August 15, 1971.

            If we returned to a fractional gold
            reserve (we were at a 25% reserve ratio until Nixon removed it )
            China alone has enough U.S. dollars (over a trillion) to drive us off
            a gold standard.

            China could begin to exchange – dollar
            for dollar – its trillion dollar reserve in exchange for gold, thus
            destroying the basis in our economy for the creation of currency
            equal to 1/gold reserve ratio.

            If we had a 10% gold reserve ratio,
            china could destroy the basis for creating 10x$1 trillion or $10
            trillion dollars – thus destroying the U.S. currency system.

          • Donald Bowers

            True, but when gold was truly the standard (100 years ago), a loaf of bread was a couple of cents. Your comment doesn’t prove that the ponzy scheme is working well fo uncle Sam. The truth must be told!

          • Steve OConnor

            I never said that the “Ponzi scheme” is working. Economics is far more complex than A+B=C. Single cause/single effect relationships only happen in controlled isolated test tubes, not in a complex international economic system with countless variables. The U.S. has many burdens that no other nation has such as the nuclear arsenal for the free world, which we continue to develop, maintain and modernize. Our government has also chosen to make the U.S. the Globo-Cop of the world. These expenses consume dollars yet produce no consumable goods. Also, the tax structure has been shifted from imports and the rich to domestic industry and the middle/lower classes. The effect has been an all time high concentration of wealth that is above all other industrialized nations. When the collapse of 2008-2009 occured the vast majority of America was as far in debt as it could go. The banks had stopped loaning and corporate America was sitting on record cash reserves waiting for the in-debt consumer to start buying with money it did not have. The government essentially bailed out the banking system. I personally think it was wrong but what was the alternative that could have passed a Republican/Democratic Congress/Senate?

          • Northwest_Raised

            And they are the ones who will be effed when this scheme falls apart. Darwinism.

    • BonusGift

      I liked your parable and on balance it is a useful story that is mostly, at least in my mind, correct; but, but, but … I very much disagree with something that you imply (and note that most others seem to get this wrong as well as it is part of the false narrative that is partially responsible for this Ponzi scheme and others). To wit, the ‘reserve currency’ status benefits the U.S. canard. Firstly, it is true that under the current exchange rate regime (established both at Bretton Woods just before the end of WWII with a quasi-gold standard) and more recently when Nixon pulled us off that and switched to the current ‘fiat’ standard, the U.S. dollar is the reserve currency (August 1971 is when that happened officially, but it wasn’t really codified officially until around 1973). Secondly, although you don’t mention it directly you indirectly seem to agree with what I see as a false narrative that ‘reserve currency’ status is beneficial. It is not. History and facts are instructive here. Back during Bretton Woods I the U.S. only reluctantly agreed to reserve currency status and it was supposed to be temporary; because we essentially were the last man standing economically after WWII devastated Europe and Japan (i.e., with our help). The prime reason we were reluctant is the same reason it is a false narrative: By agreeing to be the reserve currency we knew that our currency would tend to be overvalued and therefore we would hurt our exports and encourage imports from the devastated countries. that is also why it was supposed to be temporary and last only until the others got back on their feet. We knew at that time, and it should be clear to all today, that having an overvalued currency is not a good idea as you will disadvantage your industry, by definition. Once we broke from gold it was insane to have reserve currency status as there is nothing to tether to without gold or something real to relate values to. Many claim that China or Russia, etc. would like reserve currency status. I say B.S.. The last thing the Chinese would ever agree to is reserve currency status under the current rules and norms as it would reverse the trade imbalances they have used to build up their industry and devastate ours (ignoring the intellectual stealing, treason, etc. for the moment that went on during that transition as well). They talk but it is only talk and a head fake to make sure the U.S. keeps the currency regime Ponzi going and to fool people to think they are getting something for free, and to keep it all going for yet another year or more until that Ponzi too collapses. In short, it never was or is valuable to have reserve currency status especially with universal fiat money standards. The current real unemployment rate and future unemployment rates will attest to the fact that not only is there no currency ‘free lunch’, but that in fact it was rather expensive to pretend we had free or cheap goods and services imported because of our currency status. As it turns out these goods and services came at a crushing cost with the visible bill, like in any
      good Ponzi, due well after most of the schemers left the building.

      • Joe Kleinkamp

        Excellent analysis and a well presented contrarian view of the reserve currency’s advantage. Fiat currency can only retain its perceived value for so long. The fact that ours happens to be the reserve currency may be overrated as a reason for continuing that misconception.

        • BonusGift

          It is important to remember that when we took on the roll of reserve currency it was: (1) considered temporary, (2) considered a burden, and (3) there was at least some kind of link to gold. Somehow most, if not all, of that thinking has been dropped down the memory hole and been replaced with the magical thought that we can enjoy a ‘free lunch’ forever (i.e., as long as every other currency block/country allows us to). Either: (1) U.S. dollar holders are the most clever people on the planet and all others are idiots, (2) the opposite of #1, or (3) given how this is working out in practice, most of us are magical thinking insane idiots. I’m betting on #3.

      • Olivier Francoeur

        “Our currency”?
        Uhhh! NO!
        Ahahahah!
        The name of the bearer is written on the note.

        Here’s a book for you:
        “The Theory of Money and Credit”
        Ludwig von Mises

        “A man is none the less a slave because he is allowed to choose a new master once in a term of years. Neither are a people any the less slaves because permitted periodically to choose new masters. What makes them slaves is the fact that they now are, and are always hereafter to be, in the hands of men whose power over them is, and always is to be, absolute and irresponsible.”
        -Lysander Spooner

        (For those of you who still thought Democracy was a good idea)

    • Ralfine

      Lovely. Time for Uncle Sam to die and Fred to be fired.

    • Ayn Rand

      It should be read to every person in America.

    • Cairan

      Change the name “Fred” to Amschel Meyer – and it’s perfect.

    • Mondobeyondo

      That was pretty good Michael!

    • markthetruth

      Sam and Fred had to sell their junk IOU’s
      so they start their company :

      SamFred & son

      the end…

    • Grant Baker

      Very clear & true!

    • Steve OConnor

      The total amount of gold that has ever
      been mined has been estimated at around 142,000 tons. Assuming a gold
      price of US$1,000 per ounce, or $32,500 per kilogram, the total value
      of all the gold ever mined would be around $4.5 trillion. This is
      less than the value of circulating money in the U.S. alone, where
      more than $7.6 trillion is in circulation or in deposit.

      Quantity is irrelevant except for gold
      has a market value. If you wish to artificially set gold equal to
      some dollar amount, be my guest. But you’re not allowing the market
      to set it then. Thus you force the value of gold to skyrocket,
      effecting the commercial uses of gold. Not very free market.

      Once you establish gold or silver or
      whatever as your reserve, it now must stand against fiat currencies
      in the world market.

      Historically, gold backed currencies
      gain value against fiat currencies making them stronger and pushing
      the trend towards trade deficits. Free trade economists have noted
      this since at least the 1800′s.

      The result is an international balance
      of payments between the gold and non-gold currencies that is usually
      settled by a drain of the gold reserves of the gold standard
      currency. If the drain continues it wreaks havoc on the gold currency
      by eliminating its basis for value. In England a run on their gold
      reserves drove the value of their currency down relative to gold and
      their economy went into a deflationary tailspin.

      After WW II the U.S. had accumulated
      the vast majority of the world’s gold reserves (about $26 billion)
      leaving the rest of the world without enough gold to back their
      currencies. The solution was the Bretton Woods Agreement which
      established the gold exchange standard.

      Starting in the 1950′s through 1971,
      enough dollars (around $58 billion backed by a U.S. gold reserve of
      8,139 tonnes being valued at $10 Billion, (at $35/oz.).) had been
      sent to Europe in the form of foreign investment (lured by higher
      interest rates) to create inflation in those nations. France, Germany
      and England began cashing in their dollars for gold and rapidly
      drained our remaining gold reserves until Nixon was forced to abandon
      the gold standard on August 15, 1971.

      If we returned to a fractional gold
      reserve (we were at a 25% reserve ratio until Nixon removed it )
      China alone has enough U.S. dollars (over a trillion) to drive us off
      a gold standard.

      China could begin to exchange – dollar
      for dollar – its trillion dollar reserve in exchange for gold, thus
      destroying the basis in our economy for the creation of currency
      equal to 1/gold reserve ratio.

      If we had a 10% gold reserve ratio,
      china could destroy the basis for creating 10x$1 trillion or $10
      trillion dollars – thus destroying the U.S. currency system.

    • Bad_Mr_Frosty

      You forgot to mention that Fred also owns the newspapers and school so the average Joe is grossly misinformed about what is really going on.

    • celsma

      We live in a majority ruled society where the majority are uninformed morons that care more about their iPhone than their own children. Get ready for a helluva ride!

    • FDGSD

      THANKS, NOW I CAN EXPLAIN THAT EASIER TO MY WIFE

  • David MacKenzie

    I like your story! It’s an allegorical parable of apocalyptic proportions.

    • 007

      It’s so amazing it’s almost hard to believe it is true. But it is.

  • Tom

    A hard rain is going to fall.

  • cateye

    Your story is spot on. Many do not see, or do not wish to see what is coming at us. For those of us that are familiar with your story and see what is in store, the real question is what to do about it. It is as if we are on the Titanic, some of us see the iceberg dead ahead but it is full steam ahead. The other passengers are partying like it is 1999, but some of us know the gig is up soon. But the bottom line is that we are all in peril together. It is going to be brutal, even for the prepped and those of us that have been sounding the alarm for quite some time. Getting your mind right is a good first step.

  • Drew

    While I agree with the premise, the one thing that is left out is that Uncle Sam still has the most powerful military in the world.

    • Jim Davis

      Which won’t matter too much if he can’t PAY his military in something other than a worthless fiat currency.

      • Stock

        Thus another reason most likely for all the ammo purchases by the Government. Because at one point they may not be able to afford ammo.

    • Syrin

      That may not be true. Research Michael’s article about the Chinese military.

      1) Their espionage has put them ahead 25 YEARS. You can thanks Clinton and Obama directly for that.

      2) They may have an EMP weapon that could essentially completely disable the US in a matter of minutes

      3) They have a new anti-aircaft carrier weapon that would render one of our most powerful weapons meaningless

      4) A Chinese sub popped up on one of our coasts COMPLETELY undetected a few years ago.

      5) Obama has disarmed us to the point of vulnerability, and wants to go even further.

      We are far more vulnerable than you would like to believe

      • Lennie Pike

        Chinese sub, U.S. sub – no difference. Your government has been overthrown and is allied with the Chinese government. Chinese troops will soon be marching down your town’s streets if no catastrophic event first takes place to prevent it.

        • Syrin

          I do believe that is a distinct possibility.

      • Stock

        Add to that…

        We graduate 6% of the world’s engineers annually while the Chinese graduate 63% of them. This used to be the other way around and thus why we built such a military in the first place.

        You can’t believe that a country with more than half of the world’s engineers and 1/6 of the world’s population is really going to stay behind the good ‘ol USA for long.

      • cateye

        I read that they also have a new weapon that is designed to defeat our HARM missiles. It emits hundreds, maybe thousands of false signals that confuses the missile. This would defeat our premier weapon system…the one that captivated the world in raining down destruction in Baghdad.

      • Gay Veteran

        “5) Obama has disarmed us to the point of vulnerability, and wants to go even further.”
        LOL, yeah, that must be why we’re spending more money on “defense” than the rest of the world combined

        • Graham

          Order a T.Rex from your local cloning centre and see Mondo for feeding instructions.

          I would get one but was put off after all the Edinburgh (UK) made versions have to be called “Dolly”.

    • Bad Kitty Cat

      One problem: that military believes it can never lose. THAT makes it vulnerable to mistakes!

  • 007

    The only thing that will stop the FED from printing money is when bubbles bursting or inflation get to the point when the absolutely can’t anymore.

    Inflation is already bad but they just lie about it existing. The bubbles look like they will stop the FED first.

    If they voluntarily quit printing it will crash the stock, bond and real estate markets.

    What a mess.

    God bless Chairman Bernanke.

  • Rain23

    It’s an excellent explanation of why the money just doesn’t seem to be worth as much anymore. I’m not a math wiz, but when I was a girl my dime for helping out around the house on paydays was enough to get a candy bar. Now my niece gets a dollar for same. I guess if you have a lot of disposable income you don’t notice it as much, but if your income is near the bottom you notice how that dollar is worth less and less in terms of turning it into real goods.
    What happens on the day China or somebody else demands something of value for all the paper they’re holding? And the worst of it is, we actually do as a point of honor owe other countries the return we promised on their investments. As a nation we don’t really have anything saved up to cover those debts, do we?

    • BonusGift

      I generally agree; yet I do not agree that we owe a country like China. Specifically, I don’t remember ever voting to take a loan from China and/or a vote to export our expertise and industrial base to them. A very basic concept of law is that you must not be forced to pay for that which you did not receive consideration for (or was stolen from you); which is why debts taken on by corrupt governments should not be paid back by the citizens that corrupt politicians took out in their names without their permission. Otherwise, I could just take out a loan to buy a house and charge it to you and you would be forced to pay it (i.e., by that kind of argument that we must pay even if we didn’t benefit from it, and in fact lost because of it). This is also why it is so morally wrong to shift debts to the next generations. Should my children be forced to pay for debts you and I took on in their names, yet they never saw any benefit to it?

  • TtT Engine

    Michael, The main stream media is starting to sober up and face reality. I actually watched the McLaughlin Group this morning by sheer accident. One of the contributors, other than Pat Buchanan, said the new “ponzi” Director of the Federal Reserve will try to prevent “the collapse of our financial system”. I could not believe my ears. The elephant in the room cannot be ignored any longer. McLaughlin, that senile stooge, just kept barking about inflation. The man who talked of collapse said we are “drowning in debt” and that has/will strangle any recovery. NO jobs, no recovery. 24 million people out of work/out of the work force, liberal zombies, YOU GET IT ? We NEED GOD, true R/W/B leaders instead of these globalist enviro traitors. This b.s. immigration invasion bill is another lie package. WE NEED NOW a U.S. energy boom MUCH bigger than the industrial revolution. Time is running out. Praise God from Whom all Blessings flow ! Christi Fidelis ! p.s. Hey Bennie boy, where you headed ? Basel, Switzerland, perhaps ?

    • Boo-urns

      And what, exactly, is God supposed to do about all of this? Assuming it exists (which I do not believe it does), the answer is: absolutely nothing.

      But yet, when no divine rescue ever happens, the “faithful” will find yet one more excuse to justify their faith in that which continues to do absolutely nothing for anything or anyone in the world. Talk about scams…

      • MichaelfromTheEconomicCollapse

        Boo-urns:

        If you only knew…

        Michael

        • Hank Kingsley

          Not likely. Religion was invented by the powers that be to control the masses. That’s why all the rules of ‘do not covet thy neighbours goods’, a rule designed to tell gullible people that the fact that the leaders are rich is nothing to concern yourself with how they got their wealth (theft etc…). Just talk to the invisible man every day and you get your reward in the supposed (non-existent) after life whilst they (they powers that be) lived the good life right now.

          It isn’t real, never has been, never will be.

      • Cairan

        Repudiate the not-so-Kosher debt – and kick out EVERY last one of the bankster Tribe, and every last one of their relatives.

        • jsmith

          It’s too late. The cancer has spread and metastasized! The waterfall is ahead. Head for the shore, either shore!

      • GSOB

        If that’s your excuse for not believing, then you are very impressionable.

        • Boo-urns

          My “excuse” for not believing is rational intelligence. If you want to believe that myths and fables written thousands of years ago by primitive men are somehow the truth about life and everything, be my guest.

          • GSOB

            The spirit of God is already, I hope, at work in you.

            Go deeper if you can.

          • GUID GAD GOIR

            Whereas myths and fables about man developing from a primordial soup, are perfect examples of your so called rational intelligence are they ?

            You dumb Clot.

      • TtT Engine

        Faith and belief in God is a gift. Read the Bible and be OPEN to His graces and His existence particularly, throughout the last 2,000 years. Get familiar with the life, death and Resurrection of Jesus Christ. Man scams through God’s gift of free will. Evil thrives when good men stand by and do nothing. That is the story of the U.S. since 8+15+1969. God sent His only son to save us. I wish you well. Christi Fidelis !

  • Richard

    OK, here’s the problem with your story which is ingenious and partially correct.

    The problem is that you omit to mention that many of the loans GO BAD. And when they go bad, the equivalent amount of dollars “goes bad” (i.e. disappears) with them. And like any commodity where there is a REDUCED SUPPLY, the VALUE of that commodity rises.
    I know, I know, “everybody” says the opposite but “everybody” is WRONG (just like they were over the rise of bonds which they all said could not happen).
    What will happen, counterintuitively, is that the dollar will rally through the constant subtraction of dollars in the system through defaults of all kinds, gold will fall as people understand (belatedly) that gold is absolutely useless in a deflationary, depressionary environment and mass bankruptcies of all shapes and sizes will overwhelm the Fed’s ability to compensate with “new money”
    Michael, read, learn and absorb this… and reflect it in your future communications with us… and you will be streaks ahead of the rest of the world.
    P.S. I haven’t seen any “if you can believe its” lately and today’s text only contains one “sadly”. You’re doing well! ;)

    • Syrin

      But you contradict yourself to a degree. Gold and silver are in VERY limited supply (actual PHYSICAL, not ETF), and silver gets consumed in industrial applications daily. The Fed is doing all it can to suppress natural market forces which would have gold and silver skyrocketing if not for illegal manipulation. Plus, the Fed is doing all it can to artificially prop the Dow, So left alone, it would collapse. Now, I have read about your scenario, but it doesn’t factor in several possibilities. If the dollar loses its reserve status, as seems very likely to me as the world is moving to that end, then the dollar loses all value. There may be some new gold backed international currency as seems to be the reason for central banks acquiring gold in bulk. Nations and banks are doing all they can to acquire mass amounts of gold, and jettison their holdings of dollars. That does not bode well for the future of the dollar.

      • Nexusfast123

        Good response. All the recent US promoted wars have been a futile effort to protect the hegemony of the US Dollar as Libya, Iraq and Iran wanted to trade oil and gas in currencies other than Dollars or barter.

    • Syrin

      And one more point. About the dollar disappearing when the loan goes bad. I read an article last week that I may have bookmarked on another PC that said that the Fed has lost much of its ability to retract those dollars, even though they were essentially electronically created, and would not disappear with the loan. I’ll try to find it because it was very technical from a financial perspective, and some of it was beyond my knowledge base.

      • GSOB

        That’s right.

        It would not just simply disappear!

        At least not for all parties connected to the loan, and the loans made on the loans as it filters down the financial sectors.

        (Fractional reserve banking)

    • Syrin

      One question too. If the dollars can vanish overnight, why can’t the Fed create them overnight? How can the Fed get overwhelmed when in theory they could create a few trillion dollars with a handful of keystrokes?

    • GSOB

      ?

      ‘streaks ahead’

    • BonusGift

      You are correct that defaults tend to cause the money supply to contract (i.e., supply to go down); but actually the Fed can easily “compensate with ‘new money’”, that’s essentially what they have been doing (call it fiat money printing). Money that is not backed by anything but an insincere promise is not hard to conjure.

      • Stock

        Unless the currency looses all value and becomes as “worthless as a Continental.”

        The Fed can only print money as long as their is “faith and trust” in that currency – as what makes all “fiat” currencies survive. Once “faith and trust” is gone in the US dollar. The dollar is gone as well and with it the Fed.

        • Lennie Pike

          Th Fed may end. The ones behind it will only when they’re thrown into the firey pit. They will continue on after the Dollar for a short while with their world currency. They will do whateve necessary (killing one third of the world’s population) to remain in control of the world’s monetary system.

  • Kim

    I’m confused. Why would Sam need Fred’s paper notes? Why can’t Sam just buy what he wants with his own money? In other words, why would sam be willing to pay back interest on his own money, if he were that wealthy in the first place?

    • GSOB

      Read up on President Woodrow Wilson.
      Then read about the Federal Reserve.

      The country was hijacked long ago. That’s why Kim.

    • MichaelfromTheEconomicCollapse

      Exactly. That is why Sam is so stupid. Sam does not need Fred’s money.

      Michael

      • Feeble

        I don’t think it’s stupidity – they knew exactly what they were doing pairing the government monopoly on force with the bankster monopoly on money.

    • Ralfine

      Because he bought bombs and missiles with his money and then blew them up.
      Now he has neither money nor anything he bought with it.

    • Feeble

      Because Sam wanted to put his sheeple citizens to sleep with a false sense of entitlement, security, and prosperity, while his nephew Fred & pals plundered the sheeple.

    • jsmith

      Good question! That’s because Fred is a termite like the rest of his tribe, and like any parasite lives off the host, in this case Sam.

    • Adrian

      Good point!!

  • JailBanksters

    Until the Lame Stream Media start showing all the Illegal Activities of the RED and BLUE teams, nothings going to change. Whether you accept it nor, (most Americans won’t), the Governments from 2001 have become a Dictatorship. And the Feral Reserve is crucial for the survival of the Dictatorship, The Feral Reserve can’t exist without the Government, and the Government can’t exist without the Feral Reserve.

  • Ke$ha is Illuminati Puppet

    Don’t forget that they are shorting the gold and silver markets to create a selling panic while China and Russia are buying up tonnes of gold and precious metals.

    • Syrin

      You have a hilarious name.

  • Syrin

    Don’t forget that Uncle Sam was infested with a massive parasitic infection that consumed 47% of his health. These parasites were called fleaberals.

    • Shmeggle Marxist

      and soon they are voting on a bill to inject more fleaberals, I wonder if the patient will have a stroke?

      • cateye

        Yes, the patient will flat line, it will be curtains.

  • Patrick Schwartz

    I have a close friend that keeps telling me that we are headed for a “French Revolution” when we crash. It certainly looks like that is a possiblity

  • GSOB

    It’s just a matter of time.

    Though we have so precious little time,
    it’s still precious isn’t it?

    I want you all to be encourage an pray and prep.

    Good article.

    When people are no longer confident in our notes, watch out!

    The erosion leads to sink holes. Our leaders will do everything they can to fill them.

    We are sunk!

  • Daniel

    Michael, as usual most people in this Country have no clue! Look how they demonize Snowden for revealing that our government is spying on our phone calls, text messages and email! Look sheepishly they accept the pretence that the spying is for our protection only! They want to see that brave man locked up for life! Look how they keep getting fooled by our fast talking and lying politicians. I think we are doomed in this country!

  • Bruce

    OIl will become the most valuable commodity on the planet. Oil will be the new gold. Gold and silver will buy it but food will be the new currency. As oil becomes scarce farming will get more and more expensive making food highly sought after. Mass famines on a global scale are the future. Nothing is more valuable then food. You’ll sell everything you have for some biscuits. Food is the one thing NO ONE can do without.

    • L6Echo

      Oil will never surpass gold as money because oil can be created synthetically. It is still very expensive and inefficient, but it can be done. Pumping it out of the ground is just much easier than making it.

  • L6Echo

    “Only gold is money. Everything else is credit.”
    - J.P. Morgan

    • Ralfine

      Time is money.

      You sell your time to get money and you use money to buy time.

      • Feeble

        Don’t forget energy – money is simply a representation of the ability to command future energy expenditure.

        • Ralfine

          Yes, time. it takes millions of years to come from sunlight to plants to coal to heat to elecyricity.

      • leebo

        i give you an A+ in the basics of financial freedom

  • Rodster

    The Bank of International Settlements is warning Central Banks around the world to cut back on QE in order to spur the economy and they need to watch inflation.

    • Cairan

      Let’s get rid of the REAL problem – the Central Banks. AND the shysters that run them.

  • Guest

    cool story, might as well be entertained while reading about such a depressing subject

  • Truth Teller

    You forgot to mention that his relative, Fred, was Jewish.

    • Shmeggle Marxist

      you forgot to mention you are a jew hater

      • Cairan

        Why do Jews HATE every-one else? This sort of thing ALWAYS seems to happen, whenever Jews are around.

        • Shmeggle Marxist

          hate everyone else, LMAO, what a lie. would you like to join the jew haters club too? you & “Truth teller” can be charter members.

          “This sort of thing happens when jews are around”. That may be the singularly most racist comment I’ve read in the past 200 years.

          • Cairan

            Really? You need to do a LOT more reading….

            The sole purpose of non-Jews is to serve Jews, according to Rabbi Ovadia Yosef, the head of Shas’s Council of Torah Sages and a senior Sephardi adjudicator.

            “Goyim were born only to serve us. Without that, they have no place in the world – only to serve the People of Israel,”

            “.., but [God] will give them longevity. Why? Imagine that one’s donkey would die, they’d lose their money.”

            “Why are gentiles needed? They will work, they will plow, they will reap. We will sit like an effendi and eat.”
            Rabbi Ovadia Yosef.

          • Mondobeyondo

            *sigh*
            So – the only purpose Gentiles serve, is to serve Jews? Really?

            There are several ways you can go with that allegation. For example, the only purpose African Americans have is to serve their masters”, etc.

            *double sigh*

          • Cairan

            Tell it to Yosef, He said that. Not me.

          • Shmeggle Marxist

            ^jew hater alert

          • GSOB

            Ever heard of the Apostle Paul?

          • Cairan

            Yes. Have you?

          • GSOB

            ?
            Yes,

            Perhaps, I don’t know where you are coming from. Please allow me, are you born again?

          • Shmeggle Marxist

            look, jewhater, no one has heard of the person you just quoted, he is no one. on the other hand, we are all 100% positive you are a jew hater. have a wonderful jew hating day!

          • Cairan

            Yosef is Bibi Netanyahu’s rabbi. He’s a BIG deal. A LOT of people have heard of him. He’s right in line w/ CENTURIES of Talmudic ideology.But thanks! You have a terrific Gentile Hating day!

          • Shmeggle Marxist

            you are a complete joke

          • Cairan

            “I hardly exaggerate. Jewish life consists of two elements: Extracting money and protesting.”
            — Nahum Goldmann “The Jewish Paradox” 1978

          • Graham

            “I’ve read in the past 200 years”

            Gosh… what “system” are you from?

            Has David Icke ever interviewed you?

        • Graham

          That’s not true at all and it has nothing to do with “hate”. It has more to do with “bloodlines”.

          When you understand the different “factions” (and there are huge divides amongst them), you will come to realise that one of the “factions” follows an “egregore”.

          That “factions” G-d is very different from the Christian God. Those who have reached “Sublime Prince of the Royal Secret” worship the same “G-d”. That is why that level is entered by strict invitation only.

          You seem to possess the acumen to work out the rest! Some of their “practices” are extremely difficult for others (non faction) to understand.

          • Cairan

            I do know what you are referring to. Thanks for your reply!
            P.S. – “hater” is a Control Word. I replied to the Marxist Retardate, in kind.

    • jsmith

      While I somewhat agree, both Jews and gentiles are hurt by the Federal Reserve. Although the majority of Banksters are Jews, they do have allies in the Rockefeller’s and Morgan banks. And they are Christian!

      • Cairan

        I go it. It’s really the Jews – but it’s ahhh not really the Jews.

  • Ben

    I liked it except you should have said how Uncle Sam closed the gold window and put the Petro dollar in its place. The petrodollar is what has been fueling the scheme since 71.

  • markthetruth

    When i was your age ?

    1. I used to speak English.
    2. I had to get out of bed for work.
    3. we had to cook our food.
    4. we used to go to a store to shop.
    5. we had to use a remote to operate the TV.
    6. we had to drive the car.
    7. china was 16 hours away not a hour.

    add to it.

    the end…

    • Shmeggle Marxist

      we were permitted to own guns that shot more than 2 rounds

    • Shmeggle Marxist

      some people retired because they wanted to (and could)

    • Mondobeyondo

      In my day, when I was just a young lad, we had books called encyclopedias and buildings called libraries. And we used things like rotary dial telephones to communicate. No Google. No smartphones. No Skype. And I had to hand-feed my baby T.Rex live mice every morning!

      Prehistoric times, I know. But we LIKED it! Heh.

      • Graham

        T.Rex?

        Mondo, you would be regarded today as being a “terrorist” for keeping such a lovely pet.

        At least it might get round having to own a gun to protect one’s property and territory.

        Considered inviting Congress and the Federal Reserve board members over for “dinner”?

    • Mondobeyondo

      About the Rolling Stones – I’ll just paraphrase an old Cher joke:

      “She’s 70 years old – but her face is 35, her nose is 25 and her hair is from 2006!”

      • markthetruth

        Yep, the truth .just saw her on the voice .

        the end…

      • John

        Back in 1990 or so, people were calling their Steel Wheels tour the “Meals on Wheels Tour”. And they’re still going. They are my favorite band, but I’m not sure how I would feel about them touring until they’re in their 80s.

  • theblues77

    About the time Uncle Sam Decided not to back his IOU’s with gold he
    decided to create an artificial demand for his IOU’s by using his big
    stick to protect the fields that produced the brown liquid that the
    world runs on. In exchange, the owners of these fields would only sell their coveted brown liquid in a way Sam liked and would also purchase his IOU’s with the extra profits.

    As Sam printed more IOU’s though, the owners of the fields decided to “shop” this relationship and create a defacto world conflict for world domination and thus where we find ourselves right now.

  • Chartist Friend

    you really nailed it with this one, michael

  • XSANDIEGOCA

    We swirl in the Toilet Bowl of Doom

  • seth datta

    Just so everyone knows, they are privitising the NHS in england and now talking bout reducing pensions with a view to cutting them completely.

    And we younger folk know that society is a ponzi scheme. Pensions. Health care. Edu-ma-cation. And we are told to be buying in when the market is about to crash.

    • GSOB

      My son is six. If only I could be around for him forever.

      You see, all of this you mention, including the article – is an attack on the family.

  • Washington76

    I would like to add something I have been thinking about lately. What if we actually had an audit of Fort Knox. A camera has not been inside since the 1970′s. I will speculate an empty vault after viewing this government. Forget audit the FED. Audit Fort Knox!

    My inquiring mind would like to know!

    • Charlie

      Probably full of gold-plated tungsten.

      • Washington76

        Or lead considering the rise in ammo amongst other factors like the dollar. Thanks’ Charlie!

  • jokyjo

    Sam is screwed. Thanks Fred. Can we deport Fred?

    • Cairan

      Yup. To Madagascar. A certain Austrian, currently the most slandered man on Earth, is being completely vindicated.

      • jsmith

        Yes, his name was Von Mises, and Peter Schiff who I admire a lot and who has been ridiculed. Both Jewish.
        As someone else said, End the Fred!

        • Cairan

          LOL! I like Schiff. He assiduously avoids Naming his Co-Freds, though. Von Mises – meh. Ethnic hype.
          I was thinking of some-one else…

          • GSOB

            Who?

  • Observer

    Excellent Article!!

  • Bites from Big Dog

    King James 2000 Bible (©2003)
    They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their stomachs: because it is the stumblingblock of their iniquity.

    • Boo-urns

      Meaningless drivel from many millenniums ago.

  • Humberto Gomez

    William Shakespeare was relevant.

  • Tatiana Covington

    “Positive feedback makes any system oscillate out of control.”–Heinlein

  • Roger M. Johnson

    This story illustrates the reality perfectly!

  • Brent

    I need this in an audio file. Thanks and good luck.

    Brent

  • DW

    We need to educate people about this while there is still time…for WHAT? There is no fix to this!

  • Mondobeyondo

    At least in Las Vegas, you have the option of walking away from the table, or not even walking into the casino in the first place…

    Unfortunately, if you are an American, you participate in this “casino”, whether you want to or not.

    p.s. The “house” (Fred) always wins.

  • Dave from OK

    The only problem to the story is that the other people around Sam are playing the same game with Fred or his friends. So everyone realizes that Sam is in deep trouble but since his neighbors are in the same trouble, no one is willing to rock the boat. So this game is going on long past the point of rationality on anyone’s part. Everyone is on a razor’s edge and all it takes is someone to sneeze at the wrong time and Sam and all his neighbors are in deep s__t.

    • Jimbo

      Or a foreign power with huge USD reserves deciding to liquidate their position. If the aim of China was to defeat the USA, then why send soldiers to a war that can’t be won. Instead, put your soldiers into factories and make cheap stuff. Shut down US factories by underpricing them which is cleaner than bombing them. Build infrastructure whilst the going is good and intensify your farming. Buy assets all over the world by using USD reserves and Treasury Bonds (like agriculture businesses and gas fields). Once you own a good chunk of the world and your infrastructure is in place, pull the plug. China has been at war with the USA for 15 years, is winning hands down and not a single shot has been fired. Nobody has even noticed.

  • irieman112

    great job…thanks for sharing…could you do a segment on the moral decline of our society??? lol

  • Jimbo

    Yet when people liquidate their positions they still flee to the dollar? But what happens when people realise that the dollar is just a bit of paper with stuff printed on it? Where do they go? Do they go to another Fiat which is just a piece of paper? When the Fiat Ponzi begins to collapse there will be a rush to buy anything of substance while Fiat still has value. The rush to buy will increase the rate of Fiat collapse. Suddenly, anything useful will have value. Fuel, Food, Water and basic skills. Gold may have value but that depends on the severity of the collapse. You can’t eat gold but if the world economy re-sets and builds a new system, energy and commodities (including PM’s) will be the new standard.

  • Adrian

    Capitalism: The biggest Ponzi scheme in the history of the world.

  • g

    Truth is treason in an empire of lies. ~Ron Paul

  • Katbalou

    Excellent, Michael. Unfortunately, this is one bedtime story that serves to keep me up at night, wondering when the final chapter will be written and whether I will survive to read it.

  • Arizona

    GREAT story,but at this point in time, it don’t matter if the fred stopped printing or not, because america IS BEING INVADED,by foreign troops and they will kill all the members of fred anyway,but if I were you, I’d worry about getten my family to a safe location to hide out,with LOTS of food and ammo…..don’t take the mark if they catch you,its lucifers wedding ring……………..

  • Sev

    Isn’t *every* banking system essentially a Ponzi scheme?

    • Cairan

      No. The Christian Templar Knights were honest.

      • GSOB

        Man, who are you?

        • Cairan

          Who wants to know?

  • Roger M. Johnson

    This story illustrates the reality perfectly!

  • Blair T. Longley

    Nice simple summary, but it still ends with delusional optimism.

    It is TOO LATE.

    There are going to be more genocidal wars, along with democidal martial law.

    Money always was, is, and will be backed by murder.

    The current debt insanities could only be “corrected” by balancing the books with buckets of blood, through death insanities.

    The only genuine alternatives would be new money/murder systems, in which the basic facts about human ecology were admitted and addressed, and resolved in realistic ways. However, there are NO good reasons to believe those kinds of political miracles could actually happen.

    While there are plenty of good theoretically alternatives, the ACTUAL systems are legalized lies, backed by legalized violence, which are already TOO INSANE, and therefore, headed towards a series of psychotic breakdown, and collapses into chaos.

    Although I liked this nice little story, as a summary of the real problems, it is just like the rest of the reactionary revolutionaries’ writings. Namely, 95% good analysis, followed by the last 5% silly solutions.

    The vast majority of Americans are Zombie Sheeple who do not understand what that story said, and do not want to understand it. It is way too late “get people educated about this,” especially because too few of them want to!

    The Zombie Sheeple were fleeced to exhaustion, and soon they will be slaughtered. The established systems are the result of the runaway triumph of the application of the methods of organized crime to take control over the government of the USA. There are no genuine solutions which could exist outside of that REALITY, since money IS, and MUST BE, backed by murder.

    Hence, there are no other ways to cope with the magnitude of our debt insanities than to go through corresponding death insanities. The ONLY workable alternatives would require a series of political miracles, requiring radical paradigm shifts in militarism, and the methods whereby death controls were done.

    Obviously, that is not happening, and bloody impossible to imagine becoming practical in the foreseeable future. There can be no sane civil war, nor violent revolution, in a society with an abundance of weapons of mass destruction. However, there can still be psychotic breakdowns, and collapses into chaos, and mad martial law, making everything even worse!

    Since people will NOT face the facts that government is simply the biggest and best organized organized crime, and that the biggest gangsters, the banksters, have taken control over that real government, NONE of the proposed solutions are going to get remotely close to being adequate.

  • chekmate2

    There is a problem that Michael does not address. Dollars are the reserve currency. When it crashes, and it will, how do countries trade? If we want to buy “X”, how do we, or anyone else pay for it? We don’t have Rubles, Peso’s or any other currency. Gold is not money, it is a commodity. That leaves barter. Within individual countries, their currency will still be used; dollars in the US, Euros in Europe ( if it is still around) Rubles in Russia ect… However, international trade will come to a halt. How do we deal with that? The US will be ok for a while since we still have fuel ( oil, gas, hydro etc…). What about those countries that have nothing worth trading for? Starvation. That is a good mix for war. Stand by.

    • FounderChurch

      What are YOU doing about any of this????

      • GSOB

        “Prosperity is living easily and happily in the real world, whether you
        have money or not.” – Jerry Gellis

        • FounderChurch

          You sound like a mental light weight or asilly child.

          • Robert (qslv)

            Not to stand behind God and call names. Calumny, Detraction. Please, let’s at least be civil amongst ourselves!

  • FounderChurch

    EVERY WORD MIKE SAYS IS TRUE…. But what do any of you do about it. Fact is nearly nothing. And so I don’t blame Mike or even the government, for we get the government we deserve and have coming. We make it what it is by our actions or in-actions. The blame for all Mike describes lays squarely on each of us individually, and all of us collectively.

    I have asked hundreds of times on this very site for those who care to organize with me to fix this country, and who of you have responded?

    If any of you care a twit about this country, about God, your family, and your fellow man, let us get together and organize so we have power.

    Otherwise a lot of you are just wasting the very oxygen you breathe. Are you just eaters?

    FounderChurch at Gmail

    • GSOB

      Not absolutely. In this world, this life, sin is the problem we all have, Christian or not.

  • Jimbo

    Fun with math. All the gold ever mined divided into the population of the world = 23 grams or approx 3/4oz per person. US debt divided amongst the population of the entire world = $2400 for every man woman and child on the planet. So if everybody in the world gave their 3/4oz bit of gold (at todays gold price) to the US treasury it would still leave the US 10.24 Trillion in debt.

  • John

    Redistribution may be required. Even lifelong capitalists are daring to raise the idea. We have a King Midas economy, where everything the very rich turns to gold and yet they cannot possibly use everything they’ve accumulated.

  • ralfyman

    If you think that’s huge, take a look at U.S. banks’ exposure to over $300 trillion in unregulated derivatives, part of a quadrillion-dollar global market.

  • john reis

    Now I ask… the politics and our economists are not stupid and they know this story for a long time now. Why is anyone doing anything or why people don’t share the story ?

  • magnatron

    Gold is also a fiat currency. It only has value if it is perceived to have value. Otherwise, its just a shiny rock.

    • Joe Shmo

      That may be true for gold, but silver is another matter entirely. There are so many uses in industry that there is no viable substitute for. I have read (can’t remember source) that more silver is consumed per year than is currently mined. That can’t continue for very long. And it’s shiny too!

  • Liberty

    Informative, clearly written and easy to understand. Thanks, Michael.

  • Northwest_Raised

    I’ve seen this coming for years, and frankly, am surprised it hasn’t happened already. They keep kicking the can…

    Myself, I have removed myself from the bankrupt government as much as possible. I do not rely on them, nor expect anything from them. I am in charge of my own destiny. Proper attitude is essential heading into collapse, as one will be better prepared to deal with it. I will not be a victim of the government and their future legacy of Promises Broken.

  • Jacob Aud

    A QUOTE FITTING FOR THE USA’s SITUATION TODAY:

    “The hand that gives is among the hand that takes. Money has no motherland, financiers are without patriotism and without decency, their sole object is gain.”

    - NAPOLEON
    (In France, the Bank of France is set up. Napoleon would soon see that a free France would mean a country free of debt, and he subsequently states the above quote…)

    THE REAL RICHES PEOPLE IN THE WORLD:
    - the Rockefeller family in 1998 was approx (US) $11 trillion and
    - the Rothschilds (U.S.) $100 trillion.

    There are now only 5 nations on the world left without a Rothschild controlled central bank: Iran; North Korea; Sudan; Cuba; and Libya.

    “Let me issue and control a Nation’s money and I care not who makes its laws”.
    - Amsel (Amschel) Bauer Mayer Rothschild, 1838

  • Joe Public

    An important caverat: Fred and his brothers from around the world now meet at the” BIS” to formulate ways on how to keep this system working, for as long as they can to meet their OWN selfish agenda . That is thier own personal wealth is at stake if they fail.

  • WethepeoplearetheGovernment

    I think you got Sam’s name wrong its pronounced Scam!

  • Donald

    idiot,you just don’t know how the economic system works.

  • brady

    And there is only one EXIT GATE enacted by Congress, hidden in plain sight, to enable anyone who wants out, to file ONE NOTICE to Two Agencies and it activates by operation of law. Congress knew that people would be growing up in the system, where their SSN was assigned at birth and create the conditions like being born on a slave plantation, knowing nothing but slavery from birth, so it “feels” more normal. To keep from violating the 13th Amendment’s prohibition against Slavery and Involuntary Servitude, they HAD TO WRITE an Exit Gate, and post it. For those who find it and leave, they are free. Everyone else is “Required to Know the Law” and as such, if they don’t leave the ONE DOOR, then they are presumed by Congress to be VOLUNTARILY REMAINING in the system, allowing whatever egregious actions the masters dictate. It is a WEALTH REDISTRIBUTION CLUB, and if you stay, you must play and pay, and maybe, if you live long enough, and can qualify through the ever tightening hoops, you may receive stolen funds from younger CLUB MEMBERS. Want out? I will GIVE YOU the key by emailing the documents that CONGRESS said they want from those who do not want to participate anymore. If you use it, or erase it, you must solely own the actions and the consequences. I’m not a lawyer, just a legal researcher, who found the key and wrote what Congress said they want. bradybyrum@hotmail.com

  • thetruthmaster1

    I am GLAD I dumped all my silver @ $42 near the top in March 2012 – SILVER and Gold Speculation is a SCAM also. Long term food storage and debt reduction is not. Be free!!

  • Jaypee Dato

    Correct me if I’m wrong, but if Uncle Sam collapses, the rest of the world will follow suit. Afterall, they control world trade right? Please educate me on this. Thanks!

  • ski

    This is very well done, unfortunately the public at large is too stupid and dumbed down by the media to understand even the simplest explanation of the truth.

  • John-o

    Is it just me, or does Uncle Sam look Jewish?
    Is that why his name is Samuel?

  • A man

    I couldn’t say it any better than you have.

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