Today's discredited solution to a financial depression is not happening
by accident or through ignorance. As our economy deteriorates, even more currency
will probably be pulled out of thin air by the
Federal Reserve. Our leaders are not only creating inflation, but are risking
hyperinflation (soaring interest rates and soaring prices), a crisis resembling a
genie who, once out of its bottle, cannot easily be put back in.
When World War I started, Germany took its currency off the gold standard. The Goldmark had been in circulation for forty years. At the end of the war in 1919 Germany was severely punished at Versailles
by U.S., British, and French bankers and politicians. They levied onerous financial reparations
on Germany at the end of a War they had all strongly supported.
See this. Within a few years hyperinflation exploded in Germany.
In 1914 one US Dollar was equal to 1 Deutschmark
In 1919 one US Dollar bought around 3 DM's
In 1921 the USD bought around 15 DM.
In 1922 the USD bought around 100 DM.
In Jan. 1923 the USD bought around 2800 DM.
In Jul. 1923 the USD bought around 200,000 DM.
In Nov. 1923 the USD bought around 725,000,000,000 DM.
Hyperinflation collapses the value of a nation's currency. Savings, annuities and pensions
get wiped out. All citizens become dependent upon centralized government.
The recession was well under way by the time of the stock market crash in 1929. This event served to
worsen an existing problem and within a few years unemployment in Germany reached forty percent
of the working population. In 1933 Adolph Hitler came to power on the heels of this economic misery.
As his administration proceeded to restore economic stability and prosperty to Germany, Hitler adorned Germany's currency, the Reichsmark, with swastikas of the Third Reich.
German citizens, including the aristocracy, workers, intellectuals,
and industrialists became totally dependent upon the Nazi government.
Adolph Hitler got the nation's currency and economy under control. Hitler's
leadership rebuilt the nation's productive economy (including huge production
of arms, tanks, airplanes, etc.) with financial help from bankers in England and the USA.
Wars are waged with financial backing from bankers. Warfare is
tremendously expensive and constitutes the bankers' best source of profits
(interest on their loans). Of course, citizens of waring nations are given
other reasons by their political leaders who are financed and supported by
bankers. If the dollar collapses and is replaced by the Amero
as currency for the North American Free Trade Area (NAFTA), will our
leaders. as did the Nazis, get our nation's currency and economy under control?
Adolph Hitler, a heroic combat-injured veteran of the First World War, was a
fiercely patriotic man, an hypnotic public speaker, and a charismatic and
masterful public leader. He appeared on the 1938 cover of Time Magazine as
their Man of the Year. If he had died that year, official history today might
describe him as one of the great successful leaders of Western Civilization. The political
leadership that emerged in Nazi Germany was heavily indebted to international
bankers. World War II would probably have occurred anyway.
In the light of historical research, specific details pertaining to camps in which the Nazi government placed Jews, political suspects, dissenters, gypsies, and homosexuals, are
still being studied. Persons considered to be defective or sub-human were sterilized or killed, consistent with a ruthless eugenics policy.
We now have a widespread network of unpopulated FEMA camps in the
USA to be utilized, presumably, in the event of national emergency. Some alarmist
political observers (and all the paranoid ones) seem convinced that these
facilities have been prepared for political dissenters and those
the State has a problem controlling or with whom problems are anticipated.
My present view is that Obama is economically illiterate (or doesn't
want to know) and is being orchestrated by what has been termed a shadow government upon which We The People have no influence. For example, We The People were overwhelmingly against
"bailing out" the bankers. Roughly 300 US economists, including three Nobel Prize winners, have already gone on record (with full-page newspaper ads) to correct Obama's financial rhetoric (see the animated script on BigEye's home page).
Presidents in this country who opposed big bankers were, unfortunately, killed.
If Obama is a quick learner (or if he already knows the facts), he'd be
wise to keep his eloquent mouth shut if he wants to retire peacefully. Fortunately
for him, all present indications are that he is a politically ambitious talker who
eloquently verbalized progressive campaign rhetoric. Given his appointments, his actions,
and his clarification of previously implied policies, any conceivable executive
plans of our nation's leaders would appear to be not seriously threatened.
Anyone for Amendment #10 of the U.S. Constitution?