by Jon Forrest Little, Silver Seek:
Once Nixon closed the ‘gold window ‘, a term referring to the ability of foreign governments to exchange their US dollars for gold, these four calamities unfurled were unleashed
1/ The US no longer had to honor the gold deposits from countries that purchased our finished goods and oil. This egregious act of fraud, rarely reported in US history, left a deep sense of betrayal. Simply put, European nations deposited their Gold during World War 2; then the US defaulted on all the other nation’s deposits (with w/the exception of France, who was able to redeem or repatriate their Gold)
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2/ The transition to a fiat currency system void of gold backing had far-reaching effects. The Federal Reserve and US Treasury effectively initiated a continuous money printing process, steadily eroding the US dollar’s value. This devaluation, occurring shift after shift, month after month, year after year, was like a slow death by a thousand pay cuts, yielding that US workers were enduring a government-sanctioned reduction in their purchasing power.
3/ It also meant that politicians no longer had to ask the people to approve wars. All accountability to the public vanished. In a healthy, efficient, virtuous, fair, or functioning republic, the representatives listen to the will of the people and then vote in a manner that serves the interests of the citizens.
This is what we call ‘representative government.’ The operative word ‘represent’ translates to make present what is not present. But in our current system, this representation is a mere illusion, leaving the public without a voice in crucial decisions.
Since we can’t fill The US Capitol with 330 million people, the idea is to send representatives who will act in the interest of the workers and villagers.
In the case of every war since World War 2, there is no single case where the voters would approve of any of these US foreign adventures wars.
But under our corrupt kleptocracy, money is printed out of thin air to finance wars. It’s all built-in and by design that Politicians conspire with war profiteers to launch over 251 wars since 9-11 (even funding both sides of wars).
For instance, the Vietnam War, the Gulf War, and conflicts in Somalia, Libya, Syria, and Afghanistan (were all sold as “Wars on Terror” or “Spreading Democracy.”)
The same happened to Saddam Hussein and dozens of other foreign leaders.
