The Creature

I’ve been recommending The Creature from Jekyll Island for a few years now. In my synopsis I wrote: “...why is the eventual collapse of today’s banking system a nearly foregone conclusion?’. The scheme teeters, inches away from the precipice. Some people worry about a measly 7% drop in the stock market. That’s nothing compared to the real risks, like not getting re-elected!

We’re all lucky that so far the financial ponzi scheme (also known as the US dollar, Euro, Yen, etc) hasn’t collapsed. But give it time. If everything goes well, the looters in Washington will kick the can down the road just far enough to take the heat off themselves and “fix” the problem.

The Creature from Jekyll Island—
A Second Look at the Federal Reserve

There is no “reserve”, there are only warehouses of paper and ink (and electronic variants). What the world needs is real money. Not the fiat money every country in the world uses today, but the real thing, tied to something that time has tested and cannot be faked: physical gold and/or silver. Then the politicians won’t be able to embezzle it by making more out of thin air. Which is why we will all have to suffer more and longer before it ever happens.