Theft

To the editor,

“Your money is being stolen!” Your jaw is probably on the floor, so pick it up. Yes, the Federal Bank is stealing your money! You might think that is crazy, but it is true. 

First what is money? It is medium of exchange. Before 1785 people mainly bartered for things they needed. Bartering is basically trading things you have for things others have. But people began to notice that this wasn’t always working. If you were a doctor and you wanted to barter with a fur trader the doctor doesn’t need furs they need medical supplies. So they came up with the idea of using gold and silver instead. Later they changed it to dollar bills.

Second, how is the Federal Reserve Bank stealing your money? In 1910 some wealthy bankers and their friends from the government came up with the worst scheme so far. They met on Jekyll Island and came up with the idea to pass new laws to print unlimited amounts of money and require everyone to use their medium of exchange! How is that bad for the rest of us? 

First, the Federal Reserve is then in control of how much money is in circulation, causing rising and falling of the market prices. 

Second, they can print unlimited amounts of money. If we went to an auction and we were bidding, you could easily print more money to outbid me. Then the prices of everything goes up. That makes money’s value go down. 

This is really bad for our elders that aren’t making money to keep up with inflation. Their savings value is going down and prices are
going up. 

What is inflation? Inflation is where there is so much money that prices go up and money’s value goes down. That’s how the bank steals your money.