Eight Ways the Federal Reserve is Destroying the American Republic
The Federal Reserve is doing what no military on earth can do. They are destroying the American Republic. Without firing a single shot, they are bringing us down with money. They are printing so many dollars, Americans will soon be using them to wipe their butt.
The Fed injects $85 billion into U.S. markets every month through a program called Quantitative Easing. They are now on their third phase of the program, which is called QE3. The first two phases were limited in dollar amounts and in the duration. However, the current phase, announced in September 2012, has no limits, which is why it is sometimes called QE Infinity.
In theory, it sounds great. The way it works is the Fed’s monthly purchases of treasuries and mortgage backed securities props up the demand, which artificially keeps interest rates low. Lower interest rates are then passed on to consumers to stimulate purchases of homes, cars, and other high-ticket items. Lower rates also allow businesses to expand.
However, there are at least eight ways the Federal Reserve is destroying the American republic: [Continue reading at Z3news.com]
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