FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

Sure, why don't you check the debt to asset ratio's since the Federal Reserve Bank Act of 1913 and log all the past recessions and depressions and peak periods. The banks power has grown so enormous that when they do stop lending, they are able to collapse the economy just like their SEC office in World Trade Center #7 on 9.11.2001 - A style of controlled demolition in which the house calls in on the chips.

You'll be stunned to find that the destruction of the gold standard played a key role in allowing the Federal Reserve Bank and the IMF to further centralize their powers over the world's industrialized nations - Between financing both sides of each of the world wars, etc.

Each further debt expansion and in turn collapse allows them to build up and further centralize their power more and more.

How much is 1 dollar not backed by gold or silver in 1913 before the Act went into effect is worth exactly how much right now? Conversely, how much was an ounce of gold worth back then versus today?