The Great Debasement

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The Great Debasement by Smith, Craig R.; Ponte, Lowell; Boone, Pat, 9780971148277
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  • ISBN: 9780971148277 | 0971148279
  • Cover: Paperback
  • Copyright: 11/1/2012

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After 100 years of deliberate debasement, the US dollar is dying. Our politicians have deceptively siphoned off so much of its value that a 2012 dollar has only two pennies of the purchasing power of a 1913 dollar. This great debasement of America's money is by far the largest confiscation of wealth in world history-and you, your children, and your grandchildren are the ones on the losing end of this century-long policy. The Federal Reserve System, created by Progressives in 1913 to give America an "elastic" money, has taken on such enormous and far-ranging powers that it has become "the fourth branch of government" that killed the gold-backed dollar, and replaced it with an impostor currency, a central cause of today's dangerous economic problems. On the 100th anniversaries of the 1912 Progressive takeover of America and 1913 imposition of the Fed and income tax-still working together synergistically to transform the USA-we expose, and show how to reverse, the Progressives' Great Debasement of America.
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