Thursday, June 2, 2011

The Federal Reserve and Quantitative Easing Explained

If more people really understood the ramifications of the Federal Reserve and the stranglehold it has on our economy, then maybe there would be more of an outcry for an audit.  The Fed has trillions of dollars on its balance sheet that banks are just waiting to flood into the economy.  When that occurs, get ready for inflation the likes this nation has never seen.  Inflation, after all, is just an insidious form of taxation as it makes everything we buy more expensive.

This video was presented by Chard Reid, a former candidate for U.S. Congress, at the Hancock County Tea Party meeting on 6/2/11:

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