The Great Debasement

Download or read book The Great Debasement written by Craig R. Smith and published by . This book was released on 2012-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 100 years of deliberate debasement, the U.S. Dollar is dying. Our politicians have deceptively siphoned off so much of its value that a 2012 dollar has only two pennies of the purchasing power of a 1913 dollar.This Great Debasement of America's money is by far the largest confiscation of wealth in world history--and you, your children and your grandchildren are the ones on the losing end of this century-long policy.The Federal Reserve System, created by Progressives in 1913 to give America an 'elastic' money, has taken on such enormous and far-ranging powers that it has become 'the fourth branch of government' that killed the gold-backed dollar, and replaced it with an impostor currency, a central cause of today's dangerous economic problems.On the 100th Anniversaries of the 1912 Progressive takeover of America and 1913 imposition of the Fed and income tax---still working together synergistically to transform the U.S.A.--- we expose, and show how to reverse, the Progressives' Great Debasement of America.