The Central Bankers Control Your Retirement Nest Egg

It’s true and you need to know. The central bankers control the money supply and the cost of money and as such they control your retirement nest egg.

Knowing how the FED works could help you protect your nest egg from their meddling in the economy.

Thomas Jefferson was well aware of the dangers of banks,

“I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” – Thomas Jefferson.

In a web site entitled, “The Trashing of America” you can read all about Central Banks and the harm they do and are still doing to the economies of the world.

“The chilling truth is that the Federal Reserve, America’s central bank, is simply one component of an interlocking, international banking cartel that now controls the wealth of this planet.”

Thomas Jefferson got it right all those years ago,

“If we American people ever allow monopoly banking to control the issue of currency, first by inflation & then by deflation, these banks & bureaucracies that will grow up around them will deprive we, the people of all our property until our children will wake up homeless on the continent which God gave us for stewardship.” – Thomas Jefferson

You should read the article, “What is the relationship between the Federal Reserve Act and the Federal Income Tax?” to understand the magnitude of the problem.

Be warned though the primary website is the “Jeremiah Project” which may turn you off reading about the FED as it is unashamedly Christian and may offend those who do not agree with the views expressed on the site. Don’t be turned off – read some excellent information about the history of the FED.

I would recommend you read the Trashing of America in particular the articles about the FED.

The problem for me is simple. If we cannot believe our politicians and we cannot trust the Federal Reserve, on what basis can we make informed investment decisions?

How can your nest egg be safe if at any moment the FED can drop interest rates to zero to try and fix a financial crisis it created?

Our governments tell us we need to become more financial informed but when Paulson secretly demands hundreds of banks take TARP money so that the public will not know which banks are in financial trouble who do you trust?

Or when he secretly forces Bank of America to buy Merrill Lynch even though it made no business sense to do so.

Do you really believe that Citi and Wells Fargo made a profit?

What deals is Geithner doing now? I just read he won’t let some banks give back the TARP money and has threatened them with 5 years of IRS audits. This from someone who failed to pay his taxes for several years.

As Robert Reich of RGE Monitor said in his post, “The Big Three and TARP

If TARP is a slush fund, everything’s arbitrary. We’re no longer a nation of laws; we’re a nation of Treasury and White House officials with hundreds of billions of dollars of taxpayer money to dispense as they see fit.”

So as you can there are no absolutes, nothing concrete, no certainties, only government interference in the banking system, and the FED manipulating the currency.

This is not the environment for sound investing even if the stock market has turned up. So keep a close eye on the FED and run the other way if they come towards you.

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