How Central Banks Rob Wealth From The People
Money changers, those who control the flow of money, historically have been the biggest thieves of wealth. Many laws were passed throughout history to protect people from these banksters.
Today we have The Federal Reserve system which is not federal and has no reserves and is accountable to no one.
How is that and different from the robber barons of the past?
Regardless of any moral person's background, we all condemn fraud, oppression of the poor, and injustice as clearly immoral. As you shall see, the fractional reserve system we inherited is based on fraud, results in poverty, and reduces the value of everyone else's money.
This video is a long one but will give you a clear understanding of the history of money, the deception of the banking system, and what we need to do to regain control of money to the people it is meant to serve.
The comments down here are a perfect reflection of why I love this community. I'm not going to be the first to call Illuminati, Freemason, or Bilderberg theories, but I think it's defintely fair to say that there are "invisible" structures in place to keep certain people where they are.
I'm hopeful that the rise of the crypto asset class will begin to break those central powers are deliver some money back to the people!
Take Henry Kissinger for example.
I'll watch the video soon, I'll need to create enough free time for it. 😁 But the topic is one I've been thinking about too. I was thinking:
I am just giving a summary here, because it'll probably take a whole lot more words to convey. If Bitcoin for example is finite as it is, then when the productivity of it's users increases then its value increases too. So when more and more people start creating things, food, cars, etc, the price of these things should adjust downwards too. It could cost 1BTC to get a car, but when the nation becomes more productive and better chains of production are invented, creating more cars, then the price should go down to reflect this. If our money system was like Bitcoin then prices would adjust more fairly to reflect the real changes in economy.
I hope I'm making sense. I'm just saying that looking at Bitcoin in the last few years, the price of a loaf of bread has gone down in BTC terms, compared to USD. Imagine what the financial world would be like if we had just Bitcoin.
To sum it up, I totally agree with you. Fiat money is flawed. Thanks for sharing this.
😁 I'm a dedicated Steemian... I write poetry... And I could use a little support 😁
That makes perfect sense. If our fiat wasn't being inflated to unpayable proportions the cost of goods would be going down now.
And they ask you to keep your ATM pin away from others so your money is safe. Are you not aware that everytime you use atm bank steal a fraction of your wealth without you knowing or even you know it you can do nothing. Bank is a number 1 theif, 1 more thing try not to make a transaction on your bank account monthly they will rob you.
And your deposit can be loaded out 9 times its value with interest.
How is that not robbery?
Badass
Cryptocurrency taking over first Venezuela next the world
nice educational piece.
TRUE and unfourtunately painful
worth to upvote
It's amazing how much global power the Rothschild family has. I try to find some logical explanations for most of the news out there, but the Rothschild conspiracy is mighty convincing. On another note, banks suck
Hey! Nice post! I upvote you, you vote me and follow? I resteem you. Just kidding. Really though, I was just on the phone with my mom telling her about my crypto exploits and Steemit. Introducing her to Bitcoin. And I went off on a tangent about how the banking system is the biggest bunch of crooks on the planet. They're doing some weird 'have to have an interest earning account' thing with medicare and medicaid now. So...that just drove a nail for my argument about crypto.
nice post... I am a new steemians, maybe i should study first with you, regards know me
https://steemit.com/@cuteaniamals please follow me
I followed and upvoted.Would you like to follow and upvote me.
!