Government lies are legion.
So many are its lies that narrowing them down to three of the most important is a demanding task. But our current crisis has been chiefly enabled by monetary policy, fiscal policy, and the global military empire. So I have chosen to focus on lies about each: the Federal Reserve, the orchestrator of monetary policy; the U.S. budget, the accounting of government fiscal policy; and a few of the Empire’s war lies. I am sharing just a smattering of this astonishing record of duplicity in these areas, for life is short, or at least far too short to recall all of the state’s lies about each.
Lie #1: The Federal Reserve Is a Bank
Practically everything the government says about banking is a lit. Central banks are not banks. The Federal Reserve, the central bank of the United States, is not a bank.
A bank is a company in the free economy that competes with other banks offering willing customers a safe place to make deposits and earn an interest rate return while also competing to offer loans from those deposits to willing borrowers.
Central banks are government-created bureaucracies that do nothing of the sort.
Read more at: http://lewrockwell.com/goyette/goyette24.1.html
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