Sunday, July 10, 2016

The Federal Reserve's Grand Scheme Exposed (In 1 Simple Chart)




Tyler Durden's picture
For 138 years, consumer prices in America slightly declined. After The Federal Reserve was created, things changed...
The 'scheme' exposed...
But, not satisfied with that shift, in 1971, Nixon unhookedAmerican economics from any rationality, because - as we detailed previously - 'The 1%' hate the Gold Standard... between 1930 and 1970, it was only the "bottom 90%" that saw their incomes rise, as can be seen on the next chart.
In other words, the ascent of the non-1% peaked when the Deep State forced Nixon to depart from the gold standard's constraint on largesse.
Which should also clarify just why to the "1%", including their protectors in the "developed market" central banking system, their tenured economist lackeys, their purchased politicians and their captured media outlets, the topic of a return to a gold standard is the biggest threat conceivable.

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