Worthless Piece of...

The Federal Reserve came about through the deceptive workings of President Franklin Delano Roosevelt, our nation's first successful Socialist President. What did he do? He expanded our government beyond the limits granted by our Constitution, he created a welfare state that relied on the work of high-achievers, and he took us off the gold standard to create the Federal Reserve System. We won't go into details about the disservice FDR did to our government system, however we will concentrate on one thing, how he stole our gold and replaced it with worthless paper in the creation of the Federal Reserve. In 1934, FDR told American citizens that it was their "duty" to turn in their gold in exchange for paper notes. So the American citizen, who thought that the notes were still backed by gold, turned their gold in only to be made worthless by the United States going off the gold standard. It probably is the biggest robbery of the American citizens to date, besides social security that started from FDR's New Deal. Since the establishment of the Federal Reserve, no longer is our money worth anything in precious specie, no longer is the government limited on its expenditures, and no longer does our money ward off inflation. Today our money is worthless, its worth is based on our belief that it has value, and it does not fight inflation with current standards. There was a time when buying groceries with $20 would give you a cartload of food for the family. Now, by inflation, $20 will maybe get you a sub, a bag of potato chips, a 6-pack of coke (beer if you prefer) and 5 lottery tickets (you may have enough to get an old movie also). How does inflation work? Well, the economist can explain that topic better. However, whenever government needs money all it has to do is call up Chairman Alan Greenspan and ask for a loan. In turn, they will print out more money (more than the government has in the bank) for circulation. Soon money devalues causing inflation because there will be an abundant supply of money and it becomes worthless. Why is it worthless? Well, if you have a lot of something does it have more value than that item you are lacking? Sure you can have an ample amount of food, but when water is scarce you are willing to give up a lot just to get nice cold glass of water because it has more value then your abundant amount of food. Therefore, common logic works in economics as well. Thus, if common logic is required for understanding then the Liberals will not be able to grasp the concept.