Counterfeit Money, Counterfeit Policy
The Daily Sheeple
February 3rd, 2012
Reader Views: 145
Via The Daily Crux
What is the difference between printing money and counterfeiting? There is none.
Counterfeiting is illegal because it is the false creation of value.Â The counterfeiter takes low-value paper and turns it into high-value money, which is fundamentally a claim on the real productive value of the economy that issues the currency and recognizes it as a proxy means of exchanging that productive value.
Counterfeiting is illegal because the counterfeiter creates no additional value–he creates only the proxy for value.Â Creating real value–adding meaningful goods or services to the economy–is tedious, hard work. How much easier to simply transform near-worthless paper into a claim on actual goods and services.
If this is illegal, then would somebody please arrest the Board of the Federal Reserve for counterfeiting?Â The Fed has blatantly printed money without creating any real value to back up their added claims on productive value. Hence they are counterfeiting, pure and simple. A government based on rule of law would arrest these fraudsters and cons at the earliest possible convenience.
And while you’re drawing up the indictment, can you also charge them with counterfeiting competence and policy,Â as they have demonstrated the Peter Principle par excellence: the Board has risen to its highest level of incompetence. Their counterfeit policies have wreaked incomparable damage on the real productive economy.
Read the rest of this article
Delivered by The Daily Sheeple
Contributed by Mac Slavo of The Daily Sheeple.
Mac Slavo is co-creator of The Daily Sheeple, an alternative media venue for breaking news, opinion, commentary and information. Mac is also the founder of the popular SHTFplan.com community oriented website which aims to help individuals understand and prepare for troubling times. Wake the Flock Up!
Please share: Spread the word to sheeple far and wide
Leave A Comment...
The Daily Sheeple Home Page