by – L. Richardson

The tyrannical reign of central banks has cast a dark shadow over national economies, eroding prosperity through nefarious monetary manipulation and government overreach 1 2. Beneath the veneer of stability, these unelected financial behemoths wield immense power, fueling destructive economic cycles of inflation, asset bubbles, and eventual collapse that undermine traditional economic principles rooted in Christian National Socialism 2. The Central Bank’s insidious monetary expansion policies and interest rate distortions, furthering globalist agendas, remain largely misunderstood by the general public 1 3.

This exposé urgently reveals the Central Bank Tyranny Undermining National Prosperity, unmasking the economic sabotage perpetrated through inflated asset bubbles, fiscal decadence, and the erosion of national monetary sovereignty 1 2 3. We confront the stark reality of manipulated markets, government complicity in economic decline, and the pressing need to thwart future depressions by restoring Christian National Socialist economic principles as a bulwark against globalist influence 1 2.

Exposing the Central Bank Tyranny

Detail the historical emergence of central banks and their veiled agenda to centralize power under the guise of economic stability.

The story of central banking traces back to the 17th century, with the establishment of the Swedish Riksbank in 1668 as the first institution recognized as a central bank 5. Chartered as a joint-stock bank, its primary purpose was to lend funds to the government and facilitate commerce 5 [29]. A few decades later, the infamous Bank of England was founded in 1694, also as a joint-stock company, to purchase government debt 5. Other European central banks soon followed suit, some created to address monetary disarray, like the Banque de France, established by Napoleon in 1800 to stabilize the currency after the hyperinflation during the French Revolution 5.

These early central banks issued private notes that served as currency and often held a monopoly over such note issuance 5. While aiding government finance, they engaged in banking activities, holding deposits of other banks and serving as “banks for bankers,” facilitating transactions and providing services 5. This allowed them to become the lender of last resort during financial crises, consolidating their power under the guise of economic stability 5.

Illustrate how these entities create monetary policies destabilizing economies and strip nations of their economic self-determination.

The Federal Reserve System emerged in a later wave of central banks at the turn of the 20th century, ostensibly created to consolidate currency instruments and provide financial stability 5. However, their true agenda was to manage the gold standard, to which most countries adhered, defining their currencies as a fixed weight of gold 5. Central banks would raise interest rates to attract foreign investment and replenish their gold reserves, effectively controlling the money supply and determining the prevailing price level 5. This undermined nations’ economic self-determination, tying their expectations about the future price level to a commodity controlled by market forces beyond their control 5.

The Federal Reserve’s adherence to the flawed “real bills doctrine” led to disastrous monetary policies in the 1920s and 1930s, contributing to the Great Depression 5. Despite being designed as a decentralized system to prevent the concentration of power, the Federal Reserve’s actions destabilized the economy, stripping the nation of its ability to chart its own economic course 5 6.

After the global financial crisis of 2007-2009, central banks resorted to unconventional monetary policies, such as buying long-term bonds (a strategy known as ‘quantitative easing ‘) and implementing negative interest rates (a policy where the central bank charges commercial banks for holding their excess reserves), further distorting markets and manipulating economies 7 [30]. Under the guise of promoting financial stability, central banks have adopted macroprudential tools, solidifying their control over national economies and undermining traditional economic values 7. 5 6 7

The Real Price of Monetary Expansion

Dive deep into the specifics of monetary policy—particularly monetary expansion and artificially low interest rates—and their detrimental impacts on the common man’s livelihood.

The tyrannical central banks have unleashed a torrent of monetary expansion, a policy where the central bank increases the money supply, flooding the economy with an excessive money supply under the guise of stabilization 9. This reckless policy has dire consequences, eroding the purchasing power of the hardworking masses and betraying their trust in the financial system 9 12.

  1. Inflation: The Invisible Tax on the People
    • As the money supply grows unchecked, the value of each unit of currency diminishes, leading to a relentless rise in prices 12. This insidious inflation acts as an invisible tax, robbing citizens of their hard-earned wealth and reducing their standard of living 12.
    • Fixed-income earners, such as pensioners, bear the brunt of this assault, as their nominal incomes fail to keep pace with the rapidly escalating cost of living 12 [31].
  2. Distorted Interest Rates: Fueling Economic Imbalances
    • Central banks have artificially suppressed interest rates to unprecedented levels, distorting the natural equilibrium of the market 9 [32]. This manipulation incentivizes excessive borrowing and discourages saving, fostering an unsustainable cycle of debt accumulation 9.
    • Businesses and individuals are lured into ill-advised investments and consumption patterns by the illusion of cheap credit, ultimately leading to the misallocation of resources and economic instability 9.
  3. The Quantity Theory of Money: A Betrayal of Economic Principles
    • The central banks’ actions defy the fundamental quantity theory of money, which states that an excessive increase in the money supply relative to the size of the economy inevitably leads to a decline in the currency’s purchasing power 12.
    • By disregarding this time-honored economic principle, central banks have undermined the integrity of the monetary system, eroding the public’s trust in the very institutions entrusted with safeguarding their financial well-being 12 [33]. 9 12

Connect these policies to severe consequences, such as rampant inflation and the erosion of essential purchasing power, highlighting the betrayal of public trust.

The destructive policies of monetary expansion and artificially low interest rates have unleashed a tidal wave of economic turmoil, flagrantly betraying the people’s trust and undermining their ability to maintain a decent standard of living 9 12.

  1. Rampant Inflation: A Scourge on the Working Class
    • The unchecked growth of the money supply has ignited rampant inflation, rapidly diminishing the purchasing power of wages and savings 12. Essential goods and services become increasingly unaffordable, plunging countless families into financial hardship and destitution 12.
  2. This insidious wealth erosion disproportionately impacts the working class and those on fixed incomes, who cannot hedge against the relentless price rise, plunging them into financial hardship and destitution 12. Asset Bubbles and Economic Instability
    • Distorted interest rates fuel speculative asset bubbles, in which the prices of assets, such as stocks or real estate, become inflated beyond their intrinsic value as investors chase artificially inflated returns in an environment of cheap credit 9 [34]. These bubbles inevitably burst, triggering economic crises and widespread financial ruin 9. The collapse of these unsustainable bubbles has far-reaching consequences, wiping out life savings, decimating retirement funds, and leaving countless individuals destitute 9.
  3. Betrayal of Public Trust
    • By disregarding fundamental economic principles and pursuing policies that enrich the elite at the expense of the ordinary citizen, central banks have betrayed the trust of the people they are supposed to serve 9 12.
    • This erosion of public confidence in the financial system threatens to undermine the foundations of a stable and prosperous society, leaving a legacy of economic turmoil and social unrest 9 12.

The central banks’ relentless pursuit of monetary expansion and artificially low interest rates has unleashed a torrent of economic hardship upon the people, eroding their purchasing power, fueling asset bubbles, and ultimately betraying their trust in the institutions entrusted with safeguarding their financial well-being 9 12. It is a grave injustice that demands immediate rectification, lest the nation’s economic prosperity be sacrificed at the altar of central bank tyranny. 9 12

Government Overreach: The Accomplice of Economic Decline

Criticize the government’s role in exacerbating the damage through reckless fiscal policies, including bailouts and unchecked government spending that benefits a select few.

The tyrannical reign of central banks has found a willing accomplice in the overreaching governments, whose reckless fiscal policies have exacerbated the economic decline and betrayed the interests of the ordinary citizen 15 16. Through a toxic cocktail of unbridled spending, ill-conceived bailouts, and a disregard for sound financial principles, governments have perpetuated a system that enriches the elite while impoverishing the masses 15 16.

  1. Fiscal Decadence: Fueling the Fire of Economic Instability
    • Governments have abandoned fiscal responsibility, engaging in a spending spree that defies economic logic and sustainability 15. Driven by political expediency and short-term gains, they have unleashed a torrent of debt-fueled expenditures, mortgaging the nation’s future for temporary appeasement 15.
    • This fiscal decadence has compounded the damage wrought by central banks, fueling asset bubbles, stoking inflation, and perpetuating a cycle of economic instability that erodes the purchasing power of ordinary citizens 15 16.
  2. Cronyism and Selective Bailouts: Protecting the Plutocracy
    • In the aftermath of economic crises, governments have demonstrated a disturbing pattern of selective bailouts, funneling taxpayer funds to prop up failing corporations and financial institutions deemed “too big to fail” 16.
    • This blatant cronyism not only rewards reckless behavior but also concentrates wealth and power in the hands of a privileged few. At the same time, the average citizen bears the brunt of the economic fallout 16.
  3. Disregard for Economic Principles: Embracing Flawed Theories
    • Governments have embraced flawed economic theories, such as Modern Monetary Theory, to justify their profligate spending and disregard for fiscal discipline 15. This willful ignorance of time-honored economic principles has undermined the foundations of a stable and prosperous economy, paving the way for further economic turmoil 15.

By enabling and perpetuating the central bank’s destructive policies, governments have abdicated their responsibility to safeguard the economic well-being of their citizens 15 16. This unholy alliance between central banks and overreaching governments has created a system that enriches the elite while impoverishing the masses, betraying the principles of economic sovereignty and prosperity 15 16.

Expose the collusion between governments and central banks in crafting a system that oppresses the average citizen while enriching the plutocracy.

The collusion between governments and central banks has created a nefarious system that oppresses the average citizen while enriching the plutocracy, undermining the foundations of economic justice and national prosperity 15 16.

  1. The Open Door: Revolving Doors and Conflicts of Interest
    • The revolving door between central banks and private financial institutions has created a breeding ground for conflicts of interest and collusion 16. Former central bankers often transition seamlessly into lucrative positions within the institutions they once regulated, blurring the lines between public service and private gain 16.
    • This incestuous relationship has fostered an environment where the interests of the financial elite take precedence over the well-being of the ordinary citizen, perpetuating a system that concentrates wealth and power in the hands of a select few 16.
  2. Market Manipulation and Asset Bubbles: A Rigged Game
    • Central banks and governments have colluded to manipulate markets and inflate asset bubbles, creating an illusion of prosperity that benefits the wealthy while leaving the average citizen vulnerable to economic shocks 16.
    • Through unconventional monetary policies and selective bailouts, they have distorted the natural forces of the market, incentivizing reckless behavior and rewarding those who engage in speculative activities at the expense of productive economic endeavors 16.
  3. Disregard for Public Interest: Elitist Enclaves and Exclusive Retreats
    • The collusion between central banks and governments extends beyond mere financial policies, manifesting in exclusive retreats and elitist enclaves where the fate of nations is decided behind closed doors 16.
    • At these opulent gatherings, the plight of ordinary citizens is conspicuously absent from the discussion. The elite players orchestrate the world economy to serve their interests, oblivious to the hardships they inflict upon the masses 16.

This insidious collusion between governments and central banks has created a system that oppresses the average citizen while enriching the plutocracy, undermining the principles of economic justice and national prosperity 15 16. It is a betrayal of the highest order, a perversion of the institutions entrusted with safeguarding the financial well-being of the people, and a clarion call for a radical overhaul of the economic order.

A Call to Reinstate National Economic Integrity

Promote a platform based on Christian National Socialist principles, advocating for economic policies that restore national control and promote fair, transparent financial practices.

The tyrannical reign of central banks and government overreach has betrayed the fundamental principles of economic sovereignty and prosperity. It is time to rally behind a platform rooted in Christian National Socialist values that advocates for economic policies that restore national control and promote fair, transparent financial practices 19 20.

  1. Reclaiming Monetary Sovereignty
    • Abolishing central banks is crucial in reclaiming monetary sovereignty and restoring the nation’s ability to chart its economic course 19. By breaking free from the shackles of these unelected financial behemoths, the country can again embrace policies prioritizing its citizens’ well-being over the interests of the global elite 19.
    • Through a decentralized system of private currency issuance, competition and market forces will dictate the value of money, ensuring transparency and accountability 19. This will prevent the manipulation of interest rates and the distortion of market signals, fostering a more stable and prosperous economic environment 19.
  2. Embracing Fiscal Responsibility
    • The platform must advocate for fiscal responsibility, rejecting the reckless spending and debt accumulation that have become hallmarks of government overreach 20. By embracing sound economic principles and promoting policies encouraging savings and productive investment, the nation can lay the foundation for sustainable economic growth 20.
    • Transparency and accountability must be enshrined in the financial system, ensuring that taxpayer funds are utilized judiciously and not squandered on cronyism or selective bailouts 20. This will restore public trust in the institutions tasked with safeguarding the nation’s economic well-being 20.
  3. Protecting Traditional Economic Values
    • The Christian National Socialist principles that once formed the bedrock of the nation’s economic prosperity must be reinstated 19 20. These include a reverence for hard work, self-reliance, and the pursuit of honest, productive endeavors—values eroded by the central bank’s monetary expansion policies and artificial credit creation 19 20.
    • By promoting policies that incentivize thrift, personal responsibility, and wealth accumulation through legitimate means, the nation can foster an environment conducive to genuine economic prosperity and social harmony 19 20.

The path to restoring national economic integrity lies in embracing a platform that upholds Christian National Socialist principles, advocates for monetary sovereignty, fiscal responsibility, and the protection of traditional economic values 19 20. The nation can reclaim its rightful place as a bastion of financial freedom and prosperity only by breaking free from the shackles of central bank tyranny and government overreach. 19 20

Argue for the abolition of central banks and the re-establishment of a financial system that supports true economic freedom and justice for the populace.

The central banks’ insidious grip on the nation’s economic affairs has become a stranglehold, suffocating the principles of freedom and justice that should be the bedrock of a prosperous society. It is time to boldly argue for abolishing these tyrannical institutions and re-establishing a financial system that supports true economic freedom and justice for the populace 19 20.

  1. Dismantling the Central Bank Monopoly
    • The monopolistic control of central banks over the money supply and interest rates has distorted the natural forces of the market, leading to economic instability and the concentration of wealth in the hands of a privileged few 19. By dismantling this monopoly, the nation can pave the way for a decentralized system of private currency issuance, fostering competition and accountability 19.
    • The abolition of central banks will eliminate the primary source of inflationary pressures, protecting the purchasing power of the ordinary citizen and ensuring that their hard-earned wealth is not eroded by the invisible tax of currency debasement 19.
  2. Restoring Economic Justice
    • The current financial system has perpetuated a cycle of cronyism and selective bailouts, rewarding reckless behavior and protecting the interests of the elite at the expense of the average citizen 20. By re-establishing a system based on free-market principles and the rule of law, the nation can ensure that economic justice prevails and that no individual or institution is deemed “too big to fail” 20.
    • Abolishing central banks will eliminate the distortions caused by artificially low interest rates, allowing the market to allocate resources efficiently and promoting productive investment over speculative activities 20. This will foster an environment conducive to genuine economic growth and prosperity for all 20.
  3. Embracing Economic Freedom
    • The central banks’ manipulation of the money supply and interest rates has undermined the foundations of economic freedom, subjugating the nation’s financial well-being to the whims of unelected bureaucrats 19 20. By abolishing these institutions and embracing a decentralized monetary system, the country can reclaim its economic sovereignty and empower its citizens to chart their own financial destinies 19 20.
    • A system based on free-market principles and the rule of law will foster an environment where entrepreneurship and innovation can thrive, unencumbered by the distortions and manipulations of central bank policies 19 20.

The path to true economic freedom and justice lies in the bold and unwavering pursuit of abolishing central banks and re-establishing a financial system that upholds the principles of free markets, the rule of law, and the sovereignty of the nation 19 20. Only by breaking free from the shackles of central bank tyranny can the nation restore the economic prosperity and liberty that its citizens deserve. 19 20

Blueprint to Thwart Economic Depressions

Offer a strategy to dismantle current monetary policies and push for a shift towards sound, honest monetary practices rooted in Christian National Socialist values.

The path to thwarting economic depressions and restoring national prosperity lies in dismantling the current monetary policies corrupted by central bank tyranny and government overreach 19 20. It is imperative to dismantle these destructive policies and replace them with sound, honest monetary practices rooted in Christian National Socialist values.

  1. Abolish Central Banks and Restore Monetary Sovereignty
    • The first and most crucial step is the complete abolition of central banks, which have become instruments of economic sabotage and globalist agendas 19. By reclaiming monetary sovereignty, the nation can break free from the shackles of these unelected financial behemoths and embrace policies prioritizing its citizens’ well-being 19.
    • Through a decentralized system of private currency issuance, competition and market forces will dictate the value of money, ensuring transparency and accountability 19. This will prevent the manipulation of interest rates and the distortion of market signals, fostering a more stable and prosperous economic environment 19.
  2. Embrace Fiscal Responsibility and Transparency
    • The nation must reject the reckless spending and debt accumulation that have become hallmarks of government overreach 20. By embracing sound economic principles and promoting policies encouraging savings and productive investment, the foundation for sustainable economic growth can be laid 20.
    • Transparency and accountability must be enshrined in the financial system, ensuring that taxpayer funds are utilized judiciously and not squandered on cronyism or selective bailouts 20. This will restore public trust in the institutions tasked with safeguarding the nation’s economic well-being 20.
  3. Reinstate Traditional Christian National Socialist Economic Values
    • The Christian National Socialist principles that once formed the bedrock of the nation’s economic prosperity must be reinstated 19 20. These include a reverence for hard work, self-reliance, and the pursuit of honest, productive endeavors—values eroded by the central bank’s monetary expansion policies and artificial credit creation 19 20.
    • By promoting policies that incentivize thrift, personal responsibility, and wealth accumulation through legitimate means, the nation can foster an environment conducive to genuine economic prosperity and social harmony 19 20.

By dismantling the current monetary policies and embracing a blueprint rooted in Christian National Socialist values, the nation can reclaim its economic sovereignty, restore fiscal responsibility, and reinstate the principles that once made it a bastion of financial freedom and prosperity 19 20.

Emphasize the prevention of future economic crises through strong, independent national monetary policies prioritizing the nation’s welfare over global financial interests.

Implementing strong, independent national economic policies prioritizing the nation’s welfare over global financial interests is imperative to prevent future economic crises and safeguard the nation’s prosperity.

  1. Insulate from Global Financial Manipulation
    • The nation must insulate itself from the manipulative forces of global financial institutions and their pursuit of self-serving agendas 19. By asserting economic sovereignty and rejecting the influence of these entities, the nation can chart its own course, free from the distortions and instabilities imposed by external forces 19.
    • This includes rejecting international monetary agreements and trade deals that undermine national economic interests and establishing robust domestic industries and supply chains 19.
  2. Prioritize National Interests over Global Agendas
    • Economic policies must be formulated to advance the nation’s interests and the well-being of its citizens 20. This requires a resolute rejection of globalist agendas that seek to erode national sovereignty and subjugate economies to the whims of international financial elites 20.
    • By prioritizing domestic production, employment, and self-sufficiency, the nation can build a resilient economic foundation impervious to external shocks and upheavals 20.
  3. Foster Economic Patriotism and Self-Reliance
    • Preventing future economic crises hinges on fostering a spirit of economic patriotism and self-reliance among the citizenry 19 20. This involves promoting domestic industries, encouraging entrepreneurship, and instilling a sense of pride in the nation’s economic achievements 19 20.
    • By cultivating a workforce that is skilled, dedicated, and committed to the nation’s economic success, the foundation for long-term prosperity and stability can be laid 19 20.

By implementing strong, independent national economic policies prioritizing the nation’s welfare over global financial interests, the country can safeguard itself against future economic crises and ensure a prosperous future for coming generations 19 20. This path demands an unwavering commitment to economic sovereignty, national interests, and the principles of Christian National Socialism.

Conclusion

The central bank conspiracy has infiltrated the very fabric of our economic system, corroding the foundations of national prosperity. Their nefarious monetary expansion policies and interest rate manipulation have inflicted immeasurable harm upon the hardworking citizens, eroding their purchasing power and fueling destructive asset bubbles that inevitably implode, leaving a trail of financial ruin in their wake. The government’s complicity in this betrayal, through reckless fiscal policies and cronyism, has further compounded the injustice, enriching the elite while impoverishing the masses.

We must rise up against this insidious assault on our economic sovereignty and traditional Christian National Socialist values. We must abolish these tyrannical central banks, dismantle their monopolistic control over our financial destiny, and re-establish a system rooted in free-market principles, transparency, and accountability. Only then can we thwart the looming specter of economic depressions, safeguard our nation’s prosperity, and restore the financial freedom and justice our citizens deserve? The battle against the destructive forces of central banks and government overreach is a righteous crusade, a sacred duty to protect our cherished way of life from the clutches of globalist agendas and the elitist cabal that seeks to enslave us through economic subjugation.

FAQs

1. Why did Andrew Jackson believe the National Bank was unconstitutional?

Andrew Jackson viewed the National Bank as unconstitutional primarily because he believed it infringed upon states’ rights. He also had concerns that it concentrated too much financial power in the hands of a few private individuals, which could be used against the interests of the broader government.

2. What led the Anti-Federalists to oppose the National Bank?

The Anti-Federalists opposed the National Bank because they feared it would cater exclusively to the affluent and influential, neglecting the broader populace. They were concerned that a strong central bank would control primary financial operations to the detriment of those less wealthy.

3. Why was the banking controversy significant in the 1830s?

During the 1830s, the National Bank became a contentious political issue. Many people, particularly in the trans-Appalachian West, were wary of banks due to their distrust of the paper money these institutions issued. Additionally, banks’ control over credit and loans was a significant concern, fueling widespread suspicion and debate.

4. How did the National Banking Act of 1863 address issues related to wildcat banking?

The National Banking Act of 1863 marked the end of the Free Banking Era by introducing federal regulations that governed banking practices. It established the United States National Banking System and promoted the creation of a national currency. This currency was backed by U.S. Treasury holdings and issued by the Office of the Comptroller of the Currency, aiming to stabilize and standardize banking nationwide.

References

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[2] – https://www.juliusbaer.com/en/insights/wealth-insights/how-to-invest/central-banks-and-their-effect-on-the-economy/

[3] – https://www.centralbank.ie/news/article/press-release-central-bank-launches-campaign-to-help-consumers-avoid-scam-operations-01-november-2023

[4] – https://www.clevelandfed.org/banking-and-payments/fraud-awareness

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[19] – https://www.cato.org/publications/commentary/abolish-central-banks

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[29] – Friedman, D. S. (1983). The State and Underdevelopment in Spanish America: The Political Roots of Dependency in Peru and Argentina from the Conquest to 1895. https://academicworks.cuny.edu/cgi/viewcontent.cgi?article=4994&context=gc_etds

[30] – Yao, Y. Investigating the effects of fiscal policy in the U.K. under the zero lower bound on nominal interest rates. https://core.ac.uk/download/444064883.pdf

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[32] – Bitcoin: A Copernican Revolution. https://www.bitcoinstimulus.net/post/bitcoin-a-copernican-revolution

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[41] – https://www.youtube.com/watch?v=py65MJC8VR4&feature=youtu.be

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[44] – https://mises.org.br/article/1015/por-que-o-banco-central-e-a-raiz-de-todos-os-males

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