The Monarchs Of Money: ‘These Guys Are Really More Powerful Than The Government’ (CBC The National – Video)


YouTube Added: 29.04.2013

Commentary:

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”
– Alan Greenspan

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
– John Maynard Keynes

Quantitative easing = printing money = creating money out of thin air = increasing the money supply = inflation = hidden tax on monetary assets = theft!

1 thought on “The Monarchs Of Money: ‘These Guys Are Really More Powerful Than The Government’ (CBC The National – Video)

  1. These clowns have a global government scheme in mind with them as the rulers. It is a scheme that has been tried again and again throughout history; it always fails. The Romans tried it, Napoleon tried, Hitler tried, now these clowns are using a corporate model to create a corporate global dictatorship. It will fail, they always do. Unfortunately, millions will suffer and many will die from their greedy and fruitless efforts before they fall into the dust.

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