Federal Reserve Admits They Have Sole Responsibility For Creating Recessions And Depressions!

in #economy6 years ago

If you had any doubts about what causes a recession, who is responsible or how it got to that point then look no further.

Everyone should know that debt based currency will always fail. History is our guide and we can see that every time an empire started to deviate from the standard of Gold and Silver in order to pay for the wars they continuously fought it ultimately crumbled. The American Empire will likewise do the same. For hundreds of years the United States was propped up by the standard of Gold and Silver but it was only when that standard was abandoned and the Federal Reserve came into existence that we saw the great depression happen.

Source

Here is the problem, the world is headed back to the place it just was at in 2008, however, this time the big difference is that there is no more money to bail out the banks. The coffers are dry folks. This time when the banks fail, they will fail completely with nothing to save them, no safety net. The only thing that the world can count on is a currency backed by hard assets such as gold and silver.

This article was originally written by @mharr331

Please leave your comments in the replies section below.

Have a very nice day!


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GODcoin: Gold on Demand is going to be the only safe choice!

Exactly @belovebelight. Only a currency of the modern era backed by gold will reign supreme. Not paper money anymore, the people will scream for a currency that can be tracked so that corruption, money laundering, theft are all things of the past!

Were watching the old system fall and Christ RayEl's New Kingdom rise!

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