TAILIEUCHUNG - The Legalized Crime of Banking and a constitutional remedy phần 3

Tham khảo tài liệu 'the legalized crime of banking and a constitutional remedy phần 3', ngoại ngữ, anh văn thương mại phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Silas Walter Adams The Legalized Crime of Banking ch 4 they grow out of the inflation of money. Price rises should keep pace with money increases. The Government s price controls is an effort in obedience to the orders of the Reserve Banks to compel the people to accept for their goods and services a cheap dollar. Only the deposits in chequeing accounts reflect the money supply. That s why bankers aided and abetted by the Government beat down wages then take every pay day huge sums as taxes fight for higher utility profits urge you to put your money into savings accounts and urge you to purchase . Bonds and corporation securities. A hungry house wife drools as she sees the thick juicy steak touches it shyly and lifts a soup bone into the shiny grocery cart and hurries away. If all deposit dollars were demand deposits and there were no price controls steaks would cost 11 a pound and 300 salary would be 3 000 a month The worthless German mark would be worth more Why the difference The German marks were printed in the hands of the people the American dollars are figures on bankers ledgers. The American bankers are set to follow Germany s lead. Rumnl has said Banks will not bust as in the 30 s as often as the depositors ask for cash greenbacks will be handed out to them. These will be Federal Reserve notes which cost them only 30c per 1 000 and they will pay Uncle Sam the thirty cents with new deposit dollars which cost the bankers not one thin dime. The greenbacks you get will be fiat money redeemable in its kind like giving a hot cheque for a hot cheque Look at a Federal Reserve note. Read Redeemable in Lawful Money. Not in silver Not in gold. It is lawful Money. On demand the banker or Treasury of the United States would hand you another Reserve corporation fiat note. But the Government has already printed for the Reserve Banks 21 964 687 524 May 31 1957 circulation statement of United States Money Federal Reserve Gold Certificates not for circulation which .

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