hucklejohn's picture

Here's the Setup for the Con of the Decade

Charles Hugh Smith of www.oftwominds,com puts out one the most thought provoking blogs out there.  Here is his latest.  It's so good I am putting it out in full text:

citizenal's picture

The Fed is a Ponzi Scheme

I am taking the liberty of posting the following contribution under “General Discussions and Questions” because, from my perspective, it is an factual expose of what the Fed is and what it is all about which should be of great interest to all Americans and every other person in the world.  The basis of this discussion is, most definitely, not a conspiracy theory, but instead, cold hard deplorable facts we are forced to live with every day. - citizenal   

investorzzo's picture

the Federal Reserve as a confidence game

This talk will be a follow up to that article. I will describe central banking as a confidence game. The Federal Reserve plays a confidence game with us. A confidence game (also known as a bunko, con, flimflam, hustle, scam, scheme, or swindle) is defined as an attempt to defraud a person or group by gaining their confidence. The victim is known as the mark, the trickster is called a confidence man, con man, or con artist, and any accomplices are known as shills.