Pennies...
From George Ure at Urban Survival:"There are 252 stories about pennies/coins being ready to go extinct in the USA, appearing everywhere from Forbes to the LA Times, to the East Oregonian.. And why? Because it costs about 1.23¢ to make a penny.
But whose fault is that? When the Banksters hijacked America with the Federal Reserve Act with the just-before Christmas slider on Dec. 23, 1913, it was an open secret the passage earlier in the year of the 16th Amendment was just too good an opportunity for Banksters to pass up. And my, haven't they done a fine job! The not-really Federal Reserve has overseen a decline in purchasing power from a full honest dollar in 1913 to a mere 4.8899¢ - that's right - cents today.
A big inflation lesson here: When you think of what $20 will buy today (a mid-range meal out), that's what a single dollar would buy in 1913 when this fiddling with our money got organized into the hands of the Banksters. Lend us our own money at interest, indeed!
Now, adding insult to injury, their solution? Stop producing pennies! Claim it's gotten too expensive - which it has, but through not fault of the penny: Through the fault of Banksters and treasonous members of CONgress who have overseen the debasement of the Republic.
By the Constitution, I don't recall reading anything about "hand over creations of money to the Banksters" - that'd be like hiring foxes to patrol hen houses. But that's where we are. It's a Testament that people were ill-advised in 1913 and they are at least similarly ill-advised today when it comes to something as simple as sound money. "
posted by G @ 3:11 PM
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