Q: “I still don’t quite get how the Fed can cause a depression. I know they manipulate the interest rates and print money (create the boom/bust cycle).”
A: There are a couple ways for the banking cartel to suck money out of the economy but this is the main one. Federal Reserve Corporation (the private corporation that runs the banking cartel) creates depressions by first lowering interest rates so that people take out lots of loans, then it quickly raises interest rates “to fight inflation” so that people can’t pay off the loans and default.
This allows the banks to recall the collateral on the loans for pennies on the dollar. The cover story is that this is all because of the “business cycle” but in reality it’s an artificial manipulation to convert the banks’ control of an imaginary concept (the interest rate) into control of real, tangible assets (real estate, government influence, and so forth).
This process is why gold standards are not a safety net against inflation and manipulation of the money supply by the moneyed plutocracy.
With a gold standard bankers simply manipulate the price of gold to expand or contract the money supply. Bill Still’s videos give numerous historical example of this.
This is why we have to be careful not to think that monetary reform means pegging the dollar to any commodity since the instant the commodity is manipulated, the entire system falls under monopolistic control by the plutocracy and you’re right back to where we are now: being held hostage by the money supply rather than the money supply acting as a mechanism for economic freedom.
Q: “How do the bankers manipulate the price of gold?”
A: Alan Greenspan admitted Fed Corp uses gold leasing to actively manipulate gold markets. Bill’s videos document how the bankers used easy or restricted access to gold coins throughout history to manipulate the money supply. In particular that’s what William Jennings Bryan’s “Cross Of Gold” speech was all about from bankers rigging the gold markets in the late 1800′s.
It’s also likely, although unproven, that a lot of gold exchanges use “fractional” gold reserves where there is actually less physical gold than is being traded.
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