The Federal Reserve is a Ponzi Scheme
Guest Writer for Wake Up World
Most Americans are proud to be American and consider the United States to be the greatest nation in all of history, and there are many things we can point to which substantiates this belief. However, everything in life is transitory and when all is said and done, history will judge that instead of America being something special to be admired, Americans were suckers who fell hook line and sinker for the worst Ponzi Scheme the world has ever seen: the Federal Reserve Bank, more commonly known as the Fed.
The original Ponzi scheme was a swindle which was conceived and run by an Italian immigrant named Charles Ponzi, who defrauded his investors out of millions of dollars during the 1920’s. The con, like most cons, is deceptively simple. Its perpetrator convinces his clients that he is a skillful investor or entrepreneur who will make them more money than they could possibly make investing elsewhere. Once people (suckers) are hooked and give their money to the perpetrator, instead of earning a return on their investment, they are paid what they believe are earnings from money that is conned from newer investors in the same scheme. The scheme functions smoothly for a while, but an increasing number of new investors are required to pay off the older investors and keep them at bay. Of course, in the long run, this is an impossible situation and eventually, the scheme collapses with those still in the game losing everything they invested.
Previous articles by Alan Adaschik:
- The Trap of Debt Economics
- The Federal Reserve Bank: 100 Years of Deception
- The Curse of the Proud American
- Freedom and Democracy: an American Illusion?
- The Curse of Capitalism
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Whistler Blowers, Insiders
It is worse than just a Ponzi scam, much worse. The Fed is the illegal tool that enables the Banksters to enslave every taxpayer. They are selling your labor which is the definition of slavery.
In the end they go down in blood and fire the same as all their targets do. Most sad.