While Congress has dithered, the Federal Reserve has destroyed the value of the dollar, so much so that the metal value of our already much-debased token coinage now exceeds its face value.

via Statement for Hearing on The Future of Money: Coin Production.

My comment: Protests against Wall Street or “the rich”, ironically funded by both, will never solve any problems. A bone or two may be thrown to the protesters so they feel as though they accomplished something, but the reality is that fiat currency is the root of all our currency problems— and more. Rothschilde’s infamous statement, that if he controls a nation’s currency he cares not who makes its laws, has been ignored to our peril. Ending The Fed is thus the highest of priorities, because it has funded the demise of our nation in every conceivable way. Starve the Beast.

April 19th, 2012 | article link | tagged finance