Do you think that it’s possible to create money out of thin air? No? Would you be surprised if I told you that the Federal Reserve does this every day? In his controversial book, “The Creature from Jekyll Island” G Edward Griffin opens our eyes to the inner workings of the federal reserve and how our country’s central banking system has set us up to fail. Commercial banks, such as the Fed, create money out of nothing- they are able to multiply every dollar deposited NINE times! This created money of course degrades the purchasing power of your dollar, and creates what Mr. Griffin refers to as a hidden tax built into our banking system. Even more scary, Griffin explains that commercial banks love making huge loans to entities with little to no means to pay these loans back, because they make all their money from the interest on the loan! Massive loans that go into default never affect the issuing bank because this would disrupt the economy too much.
You don’t want to miss today’s show. Mr. Griffin will educate you on:
-The current economic crisis and how the Federal Reserve helped create it.
-How we can stop the bleeding in the banking system.
-The history of the Federal Reserve loaning money to 3rd world and unfriendly countries.
-What life will be like in the New World Order.
-Why the leaders of our country want to keep us at war.
Press play to listen to the shown now, or download the podcast. Also, please visit G Edward Griffin at http://www.realityzone.com/ to learn more!