THE SO CALLED FED CREATED in 1913. ALONG WITH VERY BAD BANK PRACTICES LED TO GREAT DEPRESSION IN US after 1929 STOCK MARKET GREAT CRASH.
DEPRESSIONS WILL BE FOLLOWED BY WAR and WE HAD WORLD WAR II WHICH INCIDENTALLY ENDED THE DEPRESSION IN US AS MORE MEN WERE REQUIRED FOR ARMY, THEY RECRUITED.
TO COME OUT OF DEPRESSION - THE FED - HAD A VERY PAIN TAKING POLICIES THAT HAD SIDE EFFECT OF PILLS OF RECESSION.
IN 1980 PEOPLE LOST CONFIDENCE IN DOLLAR AND THEY OPT GOLD - SO GOLD IN 1965 AT $35 WENT TO 850 IN 1980. NIXON - THEN US PRESIDENT KILLED GOLD BY COMMING OUT OF COMMODITY BASED CURRENCY TO FIAT CURRENY - i.e. CURRENCY IS VALUE BY LAW (ACTUALLY IT DOES NOT HAVE ANY VALUE). FROM THEN ON THEY KEPT ON PILING THE CREDIT BASED ECONOMY ON THE COMMON MAN AND MADE HIM DEBITOR. PEOPLE SPEND EVERY DAY AS IF THERE IS NO TOMORROW. THEY POSTPONED THE MAJOR CRASH - AGAIN DEPRESSION WORLD WIDE - FROM 1980 TO 1982 TO 1987(STOCK MARKET CRASH)-1990-91(RECESSION) - TO 2000-2001 (RECESSION)
LAST BUT NOT THE LEAST 2008-2009 THEN FOLLOWED BY GREATEST OF ALL THE DEPRESSION - 2009 - 2030 MAY BE
THIS ONE IS NOT A ODINARY ONE - WE ALL ON THE PLANET EARTH WILL FACE IT WHICH HAS THE POTENTIAL TO WORLD WAR III - GREATEST EVER DEPRESSION - STAGFLATION(Rich get Richer - poor get poorer).
FACT - PRICE OF GOLD IS THE INDICATOR OF THAT.
NO ECONOMY IS DEEP ROOTED - THEY ARE DEEP ROUTED TO GREATEST DEPRESSION BY BAD PRACTICES OF THE BANKS AN
