The Northwest Report
April 30, 2011
This is one fractional reserve banking concept that has been floating around the internet. It’s called The Super Dollar. The Super Dollar is another way to illustrate the absurdity of the Federal Reserve and our monetary system.
Transcript of The Super Dollar:
Maybe this will help make the danger of fiat money clear.
Imagine you and me are setting across from each other. We create enough money to represent all of the world’s wealth. Each one of us has one Super Dollar in front of him.
You own half of everything and so do I.
I’m the government though. I get bribed into creating a Central Bank.
You’re not doing what I want you to be doing so I print up myself eight more Super Dollars to manipulate you with.
All of a sudden your Super Dollar only represents one tenth of the wealth of the world!
That isn’t the only thing though. You need to get busy and get to work because you’ve been stiffed with the bill for the money I printed up to get you to do what I wanted.
That to me represents what has been happening to the economy, and us, and why so many of our occupations just can’t keep up with the fake money presses.
Copyright 2010 – The Northwest Report. Permission to reprint in whole or in part is gladly granted, provided full credit is given.