Andrew Jackson considered Banks, especially Central Banks to be thieves. Organised crime. He famously said to them:
"You are a den of vipers and thieves."
- So much for the TBTF (too big to fail) crapola we were recently spoonfed!
Case in point. Belarus.
Belarus recently devalued its currency by 56% percent overnight.
- Yes, the money any thrifty Belarus "savers" thought they had became worth 56% LESS overnight, money they had saved all their lives for instantly became less than "half" because their Central Bank decided it should be so.
However, those in Belarus who held their money in silver and gold (and NOT paper or electronic digits) rec'd an immediate 56% boost in both purchasing power AND wealth preservation.
One day the Belarus rouble was worth x, the next day (with NO warning) it was worth z.
- The same can be true for the US Dollar....for ANY fiat paper currency which a Central Banker says has "value" (because they 'say' so), until they change their minds....and the "value."
It's bleedin' criminal.....
Thursday, 26 May 2011
Andrew jackson to the Banks..............from Rico
From Theo Spark at 08:06
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