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Thread: The U.S. Economy Prospered from the Constitution until 1913, having passed China in 1890..

  1. #1

    Exclamation The U.S. Economy Prospered from the Constitution until 1913, having passed China in 1890..

    1787 - the U.S. Constitution is adopted

    1890 - the U.S. passes China to become the world's largest economy

    1913 - the Federal Reserve is created, after which it slowly and deceptively begins destroying the U.S. economy

    just look at the U.S. Between 1890, when America became the world’s largest economy, and 2008, the U.S.’s annualized per capita income growth was about a quarter of a percentage point lower than China’s. America’s growth performance during those 118 years ranked just 15th out of 37 countries for which the University of Groningen’s Maddison has data—behind economies including Denmark, Canada, Sweden, and (wait for it) Greece. Even a number of really small countries have done better than America.
    http://www.businessweek.com/magazine...11_page_2.html



  • #2

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    It is so blatantly obvious that when one entity is allowed to counterfeit money, everybody else becomes their slave. Because, in order to keep that entity's privileged money creating machine, then security agents must ferret out anyone and everyone who tries to compete and stop them. Otherwise the power to counterfeit is worthless.

    No only is counterfeiting not fair ... it is horribly destructive for the rest of society. If the Federal Reserve Act of 1913 had not been created through an illegal secret conspiracy, it would have never come into existence. Wars will be much shorter, prosperity of working people will be much greater, there will be much less disparity between the rich and poor, and the police state withers on the vine when the Fed Is Ended. The sooner the better.
    "Everyone who believes in freedom must work diligently for sound money, fully redeemable. Nothing else is compatible with the humanitarian goals of peace and prosperity." -- Ron Paul

    Brother Jonathan

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