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]]> http://www.socialdailynews.com/2007/09/fears-over-rocks-online-accounts/#comment-87 Bruce Baker Tue, 18 Sep 2007 02:41:34 +0000 http://www.socialdailynews.com/2007/09/fears-over-rocks-online-accounts/#comment-87 It should be clear that the monetary system is in serious trouble. Never in history has a paper money system survived very long. The present system requires that the debt increase every year or it will collapse. Wait until the people discover that the paper money they withdrew from Northern Rock is also worthless. The only stable monetary system is one based on gold and silver. The politicians cannot manipulate this type of monetary system. It is required by the Constitution of the United States that Congress coin the money and set the value of it. In 1913 Congress illegally set up the Federal Reserve, a private bank. The Federal Reserve does not use interest rates to control inflation. They use interest rates to steal money from the American public. The Federal Reserve has not one dollar invested in this country and so anything they take is stolen. Inflation has been held in check by technology, not by the Federal Reserve. Technology has increased productivity by about a factor of 10 in the last 25 years. This and this alone has brought inflation under control. It should be clear that the monetary system is in serious trouble. Never in history has a paper money system survived very long. The present system requires that the debt increase every year or it will collapse. Wait until the people discover that the paper money they withdrew from Northern Rock is also worthless. The only stable monetary system is one based on gold and silver. The politicians cannot manipulate this type of monetary system. It is required by the Constitution of the United States that Congress coin the money and set the value of it. In 1913 Congress illegally set up the Federal Reserve, a private bank. The Federal Reserve does not use interest rates to control inflation. They use interest rates to steal money from the American public. The Federal Reserve has not one dollar invested in this country and so anything they take is stolen. Inflation has been held in check by technology, not by the Federal Reserve. Technology has increased productivity by about a factor of 10 in the last 25 years. This and this alone has brought inflation under control.

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