Heresy financial and Liberty and Finance Friday 2-3-2023
The Fed's Secret Plan to Confiscate Gold from the Very Beginning
Heresy Financial: 2-2-2023
You will not believe what I just stumbled across on Twitter. I have never seen this before. I had no idea that the fed's plan to confiscate gold from America went back to its very inception.
Obviously, we know that FDR confiscated the gold from Americans in a misguided attempt to try and save the nation from the Great Depression, consolidate the gold, raise the price that he could issue more currency and inflate the price of everything to try and stop the Depression because he thought the cause of the depression was prices going down.
So, if we can cause inflation, prices go up and that affects everything. Obviously, that is the stupidest, most idiotic form of top-down centralized control of an economy.
But the plan to confiscate gold from Americans went back far before we ever got to FDR.
Timecodes
0:00 Video Introduction
0:54 The Issue with Fractional Reserve Banking
7:21 Replacing Gold Certificate with Federal Reserve Notes
11:37 People Were Still Hording Gold
14:09 Induced to Liberty Bonds and War Savings Stamps
Financial Repression Is Here; Expect Worse Inflation | Mario Innecco
Liberty and Finance: 2-3-2023
Inflation has not peaked longterm, says Mario Innecco. He forecasts that another wave of inflation is coming. Financial repression is what is occurring and is going to get worse as people cannot earn an interest rate return higher than inflation.
Owning precious metals can protect individuals against this central bank theft.
0:00 Intro
1:38 Fed meeting
3:40 Central banks
6:00 Inflation
9:14 Financial repression
16:20 Gold & liberty