Daily Archives: April 28, 2014

GOING OFF THE GOLD STANDARD CAUSED INEQUALITY TO SOAR

Why Inequality Started Soaring in 1971  by WashingtonsBlog Going Off the Gold Standard Encouraged a Financialized Economy … Which Caused Inequality to Soar The New York Sun notes that inequality started soaring in 1971 … the same year that Nixon took the U.S. off of the gold standard.  The Sun shows the following chart from Thomas Piketty’s new […]

‘Devoloped’ nations’ cooperate for lie-based unlawful wars: who’s coordinating this?

by Carl Herman In my 18 years’ working with “leadership” of both US political parties as a RESULTS “hobby” lobbyist to end poverty, all of us on that inside were struck by the coordination of so-called “developed” nations’ governments and media to publicly lie regarding the essential facts that poverty could be easily ended for less than […]

BANKS CREATE MONEY OUT OF THIN AIR, AND THEN CHARGE INTEREST ON IT

The Biggest Secret About Banking Has Just Gone Mainstream  by WashingtonsBlog Banks Create Money Out of Thin Air … Conferring Enormous Windfall Profits At the Expense of the People We’ve pointed out for 4 1/2 years that banks create money out of thin air. Specifically, it has now been conclusively proven that loans come first … and then deposits FOLLOW. […]