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… the government, however, remains in force. The money power is still with the FOMC and the banks today the debt growth model has reached its limits.
Milton Friedman Blames the US Government for What the Fed Did During the Great Depression When the Fed Took the Power to Create Money from the Government and Put it in the Hands of Private Bankers
In a Public Broadcasting Service interview in October 2000, economist Milton Friedman blamed the Fed for college in the Great Depression. He said,
“The Federal Reserve System has been established to prevent what actually happened. It was set

Executive Summary

The excellent documentary The Money Masters was so good, it was necessary to record some quotes.

Introduction
This is a breakthrough documentary on private banking interests.
Private Bankers Create the 1877 Crisis
Despite this report by the silver commission, Congress took no action. The next year 1877 riots broke out from Pittsburgh to Chicago, the torches of starving vandals lit up the sky. The bankers huddled to decide what to do. They decided to hang on.
Now that they were back in control to a certain extent, they were not about to give it up at the meeting …

… Like fractional reserve lending. short selling is made possible because the brokers are not dealing with physical things, but they’re simply moving numbers around on computer monitors. Any alleged advantages to a company from the liquidity afforded by short selling are offset by the serious harm the sleight of hand can do to companies targeted for the takedown in bear rates over the six year period before 2004 he said the practice resulted in over 7000 public companies being shorted out of existence. Burrell maintain that as much as a trillion dollars to 3 trillion may have been lost …

… he got to his cure: Jubilee, a term used for household debt forgiveness decrees in ancient Israel, Egypt and Babylon. That’s right, Vague’s modern-day Jubilee would consist of widespread debt restructuring. In other words: the forgiving of consumer and business loans.
That runs right into the economic article of faith known as “moral hazard”—that such a “bailout” would give rise to a nation of deadbeats.
Vague thinks that reaction is about emotion—as opposed to simple math. “When I say that, mathematically, the best way out of this trap is debt restructuring, people freeze up because

… type of bat that carries the lethal coronavirus is not found within a hundred miles of Wuhan. The Lancet published an article on January 24, 2020, that showed 75 percent of the earliest identified cases of COVID-19 in one study invovled individuals who had no prior exposure to the Huanan Seafood Market. Gao Fu, the director of China’s Centers for Disease Control and Prevention, said that he and his team of inspectors examined the Huanan Seafood Market in early January 2020 and found no coronavirus traces in any animal samples tested.
Yes informed parties have not claimed the …

… asking for their money back in the form of gold). Roosevelt wanted to keep as much gold as possible under the United States’ control. Finally, Roosevelt demanded that all United States citizens turn in their gold to the federal government. Yes, the President of the United States demanded that Americans hand over their personal property to the United States government.
Don’t believe me?
Look up Executive Order 6102, which Roosevelt later issued making gold ownership illegal. Surprisingly or not, academic historians like to defend this action by saying
“he was trying to stop a massive crisis, so the move …