Tag Archive for central bank

HOW TO BE A CROOK (Video Report)

From youtube Uploaded by GlennBeckTV on Aug 21, 2012

Learn the fine art of theft.

End the Wars By Ending the Fed (Video Report)

from Mox News via youtube

Published on Oct 19, 2012

The Controversy of the First Bank of the United States

from Top Secret Writers

posted by Ryan Dube on July 6th, 2012

During my trip to Philadelphia in May, one of the first places that I had to check out was the First Bank of the United States.

Certainly, part of the reason that I wanted to see it was because of the beautiful architectural detail that makes up the front of the building, but another important reason is that I wanted to see the location that symbolized one of the most significant initial Constitutional battles that the young nation of the United States had to face.

The facade – much like the idea of the centralized private banking system – is grandiose, elaborate and stunningly beautiful in its own way.

The building, though beautiful, marks a moment in the nation’s history that pitted pro-democratic, Constitutionalist Thomas Jefferson against the more imperialist-leaning, big-government-minded Alexander Hamilton. . . .Read complete Report

The Fed’s Men Behind the Curtain

from whiskeyandgunpowder.com

By Jan 25th, 2012

The debate about the Fed is under way, and thank goodness. But as with many policy debates, there really shouldn’t be a debate at all. That’s because, if you think about it, the idea of central banking makes no sense.

We don’t have a government-created central repository that plans and manages shoe distribution. The market takes care of that. We don’t have one for cabbage, keyboards or curtains. Somehow, we get books, clothes, tree-cutting services and everything else we need and want without a central planning agency that manages the quantity available, fixes the prices of the products and bails out the firms when they overextend themselves.

Why should money and banking be any different? Money is a commodity. Banking is a business. They both originated in the market, not the state. They should have been left that way, so that the quality of the product could be subject to market discipline. In a market economy, things work themselves out. There is supply and there is demand. Entrepreneurs take notice of profit opportunities and jump in to pull the two together.

This is how the world works for us. This is how it has always worked. This is how we get our software, coffee, sheet music and beef. It’s how we get our cars, the parts that keep them running and the gas that fuels them. . . . read complete report