An interesting quote from a report I just read....
"Paper money is fraud, and paper money growth has been tremendous. In the Spring of 2006, the Fed stopped publishing numbers for M3 (M3 is the best measure of money in the banks) when M3 was about $10.3 trillion.
The dollar, which is said to be a "unit of account", no longer has any accounting!
But a private company is keeping track of M3, and M3 is soaring past $14 trillion, over a 20% increase per year.
True inflation, which is the rate of money creation, is over 25% per year!"
"Paper money is fraud, and paper money growth has been tremendous. In the Spring of 2006, the Fed stopped publishing numbers for M3 (M3 is the best measure of money in the banks) when M3 was about $10.3 trillion.
The dollar, which is said to be a "unit of account", no longer has any accounting!
But a private company is keeping track of M3, and M3 is soaring past $14 trillion, over a 20% increase per year.
True inflation, which is the rate of money creation, is over 25% per year!"