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Old 12-16-2004, 02:17 AM
Purge Purge is offline
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Join Date: Oct 2004
Location: Georgia Republic
Posts: 100
The Money Masters

The Money Masters (DVD) is saying a similar thing. They believe the gold standard is just as unstable as our current system. Their solution is:

1. Pay off the debt with debt-free US Notes. As the US Treasury buys up its bonds on the open market with US notes, the reserve requirements of your hometown local bank will be proportionally raised so the amount of money in circulation remains constant. Once all the US bonds are replaced with US debt-free notes, banks will be at 100% reserve banking.
2. Abolish Fractional Reserve Banking. As the debt is paid off, the reserve requirements of all banks and financial institutions would be raised proportionally at the same time…
3. Repeal of the Federal Reserve Act. Stop the private banking system.
4. Withdraw the US from the IMF, the BIS and the World Bank. Stopping the world banking system control.


Read about Milton Friedman a Nobel Prize winning economist.
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