This is going to sting a little bit but it needs to be said.
If war is the health of the State, then central banking is the heart and fiat currency is the lifeblood. Those two things make the welfare and warfare states possible. If sound money were used, it would be impossible for long term, full-blown wars as the cost of just WW2 exceeds the value of all the gold ever produced. The money literally does not exist! And if it did, there is no way a population would ever tolerate the taxation necessary to fund those wars.
The welfare state is the selling of favors and redistribution of wealth. Most believe that the redistribution goes from the rich to the poor, but it is the opposite. When politicians have favors to trade or sell, the poor have little or nothing to offer in return. They do not make large donations or bribes nor do they provide "rainmaker" positions to the politicians after leaving office. The wealthy love their welfare for the same reason as the poor. It means that they don't have to work as hard but they will be "taken care of" by limiting competition and virtually guaranteeing an income.
There is plenty more to be said but this is the basics. That being said... There will never, ever, ever, ever be a true and honest audit of the Fed. F***ing never.
Who is going to do this honest audit? The politicians that owe their positions and livelihood to government largess? What every politician holding office has in common with each other is the belief that government is legitimate and necessary.Government is a god to them and it is more important to them that there be a "bad government" than no government at all. "The system must be preserved at all costs."
Maybe the banksters will audit themselves because they will understand what they are looking at? Do you think the Military Industrial Complex, banksters, or other politically connected groups will ever allow the gravy train to come into the station? Certainly, the poor that believe their crumbs and table scraps are actually a bountiful feast will never accept this end.
What would happen if there was an audit? Would those that believe that the Fed is evil incarnate believe the results if the audit showed little or no impropriety? And if it is evil incarnate, how can the system ever allow that information to become public? What would happen to the US and world economies? How many people would be strung up in the streets for the looting and pillaging they have done?
"Audit the Fed" is a slogan, a waste of time, and a distraction. I don't exactly know what the answer is... but this ain't it.
Via lou feen
He can be found at freedomfeens.com
A very good analysis and I agree with you on most but I think there is a way "a population would ever tolerate the taxation necessary to fund those wars." Of course WWII was financed by inflation but also by massive taxation. 1942 Roosevelt said: "At a time of grave national danger no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year." And although he never got his 100% taxes the top rate reached 94% in 1944. So I think that an even more indoctrinated population would be fine with 100%.
Of course the money would be limited without fiat currency so that this 94% or 100% would be the whole war budget but wars would still be possible like they were possible when gold and silver were the only money. So although there would be less wars and the wars wouldn't be as bloody as they could be but the wars won't stop and they would still be bloody like the 30-years war or the Napoleonic war.
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