A Pictorial History of The Fed's Takeover of America.
In this report, I cover the early market action from London on Thursday, March 7th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of crude oil.
Today I look back in history and specifically the Federal Reserve System's balance sheet and how it has evolved and ballooned through time from a few hundred million in 1914 to the present $4 trillion or $4'000 billion!
I look at how wars and financial crisis have led to more control by the Federal Reserve of the economy and the government itself. I show how with each step the Fed has been able to gain more and more control of the U.S. government by financing it with money and credit created out of thin air.
My conclusion is that the only way for the rule of law and the Constitution to be relevant again the U.S. Central Bank needs to be abolished and that America needs to revert back to the Constitution and silver and gold. Unfortunately, the bankers and the big corporations have gradually taken over the control of the money supply.
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Victor Sperandeo video presentation:
Good morning mario, yes that greshams law chart indisputably proves the need for sound money, of course keynesians would say it is not relevant but i think we know why! cryptos seam to be catching a bit especially steem lately due to a lot more things happening on steemit which is great to see! thanks for the info and have a great day :)
Hi Andrew, I've noticed the Steem price has picked up a bit and so have other cryptos. I have not followed very closely what is happening on Steemit. Maybe you could let me know? Have a great day as well! :)
Steem is evolving, it's currently on it's 20th hard fork. No other crypto can hardfork and keep the network/coin together. DTube is evolving nicely as well, with the dtube uploader service I created with @techcoderx, https://oneloveipfs.com and @vaultec 's dtube uploader now online, https://dtube.network , dtube is more decentralized now, than any other video sharing system on the planet. Oneloveipfs.com is a paid solution (10usd per month to host videos, on different nodes around the world), and dtube.network "free" solution, both further decentralize dtube's infrastructure, adding redundancy, so you now have many pathways to upload, hopefully 100s more of these sites and services / end user apps will come into existence in the future. This will Cement IPFS/Steem as incredible technology well ahead of it's time.
Hi @gray00, Thank you for the information. I've been posting on Steemit since 2016 and I have also been posting on d.tube for a while now.