Lessons From the Japanese: Time to Stop Borrowing Money and Start Printing It

Miners used to keep canaries in coal mines as an early warning device. If the air was so bad that it killed the canary, the miners would soon be next. Japan may be the canary for the out-of-control deficit spending policies now being pursued in the United States and the United Kingdom. Full Story »

Posted by Patricia Blochowiak
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Subjects: World, U.S., Business
Topics: Japan, U.S. Economy
Member Tags: World Economy, United States
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# Diggs: 13 (as of 2009-11-23)
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Posted by: Posted by Patricia Blochowiak - Nov 23, 2009 - 8:23 PM PST
Reviewed by: Walter Cox (review)
Content Type: Article
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Edited by: Walter Cox - Nov 24, 2009 - 11:20 PM PST

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Walter Cox
4.2
by Walter Cox - Nov. 24, 2009

This article explains what the elephant in the room looks like, and it hints at the most massive governmental deception in human history. The U.S. economy is the most productive in the world, and it needs a medium of exchange that will facilitate that productivity. Yet long ago--with the creation of the Federal Reserve--we gave up our sovereign right to increase our money supply WITHOUT BORROWING FROM ANY CENTRAL BANK! For nearly 100 years now, every increase in the money supply has been borrowed at interest--paid to bankers who have hijacked the system. The current economic crisis, as this article attempts to explain, is merely a symptom of a much larger problem. Unfortunately this line of thought is so foreign to most ... More »

When I first became aware of the shell game the world's central bankers have managed to control, I was incredulous. On occasion I try to explain the fraud they perpetrated, aided by generations of corrupt politicians from every ideological background, both Democrats and Republicans. It is exceedingly difficult to communicate the simple truth that American citizens have systematically been cheated out of the fruits of their labor by being forced to borrow their own medium of ... More »

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