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The Great Debasement

9780971148277

The Great Debasement

  • ISBN 13:

    9780971148277

  • ISBN 10:

    0971148279

  • Format: Paperback
  • Copyright: 11/01/2012
  • Publisher: Idea Factory Pr
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Summary

After 100 years of deliberate debasement, the US 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 USA-we expose, and show how to reverse, the Progressives' Great Debasement of America.

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