Topic: Federal Reserve

Video: Fiat Empire - A Closer Look at the Federal Reserve, and America Freedom to Fascism

By Bill Larson | December 15, 2006 |

These are two interesting films and if everything they claim is true, the situation is quite scary when you think about it. He who controls the currency, in the end controls everything.

I noticed a year ago, that the Federal Reserve Board would stop publishing its weekly M3 money supply number as of March 2006, but I never had any reason to think much about it until now.

M0 is all coins and paper bills. M1 is M0 plus all checking accounts. M2 is M1 plus savings accounts, money market accounts, and certificates of deposit of less than $100,000. M3 is M2 plus all deposits, euro dollars, and repurchase agreements that are $100,000 and larger… M3 is the broadest measure of how much money is circulating in the U.S. at any one time. Unlike M2, M3 is the big stuff, the super-size deposits.

Basically it lets the Federal Reserve and the US Government hide direct manipulation of the stock and currency markets by the Federal Reserve. If you are interested in the details read this article by Harlan Levy. It seems to me to go right along with these film’s assertions. «Read the rest of this article»

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