Tag Archives: fiat currency

Greenspan: Counterfeit Fiat Dollars to Avoid Default

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Former Federal Reserve boss Alan Greenspan said over the weekend that the United States will not default after the S&P downgraded its credit rating because it can turn to counterfeiting fiat paper money. “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default” said Greenspan on NBC’s Meet the Press. Former military intelligence operative Bob Woodward wrote a book about Greenspan. It’s called Maestro. Greensp … Continue reading →

The Federal Reserve ADMITS that Its 12 Banks Are PRIVATE – Not Government – Entities

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Much of the tens of trillions in bailout money and “easy” money from quantitative easing went to foreign banks (and see this, this and this). Indeed, Ron Paul noted recently that one-third of all fed bailout loans – and essentially 100% of loans from the New York Fed – went to foreign banks. The New York Fed is the most important Fed bank. As Bloomberg pointed out in 2009: The New York Fed is one of 12 regional Federal Reserve banks and the one charged with monitoring capital markets. It is also managing … Continue reading →

Congressman Ron Paul: One Worlders Will Fall

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Congressman Ron Paul, icon to liberty lovers the world over, sent a stark message this week to ruling elite “internationalists” attempting to expand globalism via the Western military industrial complex – you will fail. Speaking on the nationally syndicated Alex Jones Show, Paul expressed his concern that a deeply malign form of globalism is being promoted and expanded on the back of international crises, namely the political upheaval in the middle east and north Africa, coupled with ongoing financial meltdown. “The … Continue reading →

Globalists Push SDRs as World Reserve Currency

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Once again the IMF is calling for SDRs, short for Special Drawing Rights, to replace the U.S. dollar as the world’s reserve currency. “Over time, there may also be a role for the SDR to contribute to a more stable international monetary system,” said Dominique Strauss-Kahn, managing director of the IMF. He said there are some “technical hurdles” involved with SDRs, but he believes they could help correct global imbalances and shore up the global financial system. In addition to … Continue reading →

U.S. Taxpayers to Bail Out Foreign Banks

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There is no question that the so-called financial crisis we’re witnessing is complicated. So much so that most people don’t have a clue what’s really going on. Unless you’re an expert in banking, economics, or investing… much of the language we’re hearing is gibberish. Treasury Secretary Paulson knows it, FED Chairman Bernanke knows it, all the talking heads on TV knows it… and, that, my friend is how they are scaring you into accepting their New World Order plan of … Continue reading →