FED: This is the most effective brief explanation of the FED that I have ever seen. . . .

robbjerk

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"The Official Counterfeiter" (1969): A Classic Cartoon Booklet on The Federal Reserve System Is Now Online.

Financial consultant Gary North served as research assistant for Congressman Ron Paul in Paul's first term (1976). After reviewing “The Official Counterfeiter”, financial analyst Gary North commented about it on his website, “This is the most effective brief explanation of the FED that I have ever seen. . . .”

North also says,

"Lockman was a cartoonist for Disney. He did not do the final cartoons. He wrote the story lines and provided accompanying cartoons. Then the in-house Disney cartoonists re-drew them.

Lockman had been reading my essays on the Federal Reserve. He created The Official Counterfeiter as an easy-to-grasp explanation of fractional reserve banking. He updated it in 1974." (garynorth.com 1-31-2012)

The cartoon is written from both an economic and biblical perspective--excellent to share with conservative Christian voters!

You may download a free PDF of "The Official Counterfeiter":

http://scripturalscrutiny.com/2012/01/27/the-official-counterfeiter/
 
I'm sort of prejudice for this explanation.

Supersingle640x537.jpg
 
that image is freaky! What in the world makes our eyes do that?!

There is a collage professor named, "Akiyoshi" that is the master of this sort of Peripheral drift illusion. You can find his work by Googling, "snakes illusion".

http://www.ritsumei.ac.jp/~akitaoka/index-e.html

Under the first picture is a link to a PDF that explains the basics of how it works. Look for, "Explanation of the elemental illusion (optimized Fraser-Wilcox illusion) (PDF)".

Here is a page of snakes and about half way down is an example of how to get started making your own.

http://www.psy.ritsumei.ac.jp/~akitaoka/rotsnakes12e.html

I made lots and lots of different tries at it. Some didn't work at all but many worked fine viewing on a computer screen. The thing that beat me up was trying to get them to work in hard copy. Printing them out really kills the illusion.

Making them also makes it clear that, "Akiyoshi KITAOKA, Professor, Department of Psychology, Ritsumeikan University, Kyoto, Japan" is the master.

I see now he has many books on the topic. I wonder how the motion in his in print versions work in regards to liveliness.


P.S. Good web page explanation on how a variety of the illusions work.

http://www.psy.ritsumei.ac.jp/~akitaoka/nisshin2008ws.html
 
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As a Christian, looking beyond the FED and the elites which actually own it, I see the hand of the prince of this world, incarnate, among other places, in the bank.
 

I like this one too.

That's Really Good!

I want to know too Murray Sabrin. Why don't the other candidates talk about the Federal Reserve System? What is it Governor Mitt Romney? Do you know about the Federal Reserve System or have you been told to keep quiet? If you don't know about it, then what qualifies you to be president? If you do know about it, then why are you covering for a criminal organization? Which is it? How about you Newt Gingrich? Rick Santorum? What is it with you guys?

It is obvious from the media's debate tactics that they don't want Ron Paul talking about it anymore. It is either one of two things. Either Ron Paul is the only man qualified to be president, or he is the only man honest enough to be president.

For me it is No One But Paul
 
That was AWESOME!!! Holy crap it was great, even the most ignorant should be able to understand that! Thanks so much for posting that, I had never seen it before!

+rep

Thanks! Hope you share. I have to believe it wakes people up out of the 2 party slumber!
 
In this comic, what this person does that's "wrong" about counterfeiting, is exactly what people who pirate copyright material do. How can one oppose only one?
 
He never said copyright infringment or piracy is different than counterfeiting. He said strawman--and because what you point out is irrelevant. You're here, now, begging the question. What is counterfeiting/piracy? For surely, you must know that when the Record company makes copies of the original master, it is "counterfeiting" the master, insofar as the acting of copying one CD to the other is the same in both counterfeiting and production of CDs, but as we know that is not the common understanding of the word as it relates to currency. Applying that idea of counterfeiting to a currency that is recognized as the only legal form of tender, when it is counterfeited, that is to say when it is copied, and the amount of money in circulation inflates, the value of it thus deflates. Thus, the inverse idea of counterfeiting, when it relates to currency is not true in copying, or counterfeiting CDs. If it were true, how would we explain an artist selling 20 million copies of a record at $9.99? If they made 20 million copies of the same record, wouldn't the monetary value have gone down? But no, the monetary value remained the same for all 20 million records.
 
He never said copyright infringment or piracy is different than counterfeiting. He said strawman--and because what you point out is irrelevant. You're here, now, begging the question. What is counterfeiting/piracy? For surely, you must know that when the Record company makes copies of the original master, it is "counterfeiting" the master, insofar as the acting of copying one CD to the other is the same in both counterfeiting and production of CDs, but as we know that is not the common understanding of the word as it relates to currency. Applying that idea of counterfeiting to a currency that is recognized as the only legal form of tender, when it is counterfeited, that is to say when it is copied, and the amount of money in circulation inflates, the value of it thus deflates. Thus, the inverse idea of counterfeiting, when it relates to currency is not true in copying, or counterfeiting CDs. If it were true, how would we explain an artist selling 20 million copies of a record at $9.99? If they made 20 million copies of the same record, wouldn't the monetary value have gone down? But no, the monetary value remained the same for all 20 million records.

So are you admitting it's not different?
Record company makes AUTHORIZED COPIES of the original. Counterfeit is when its NOT authorized.

"Thus, the inverse idea of counterfeiting, when it relates to currency is not true in copying, or counterfeiting CDs. If it were true, how would we explain an artist selling 20 million copies of a record at $9.99?"
What is surprising about that? Do you actually think $10 is not deflated from a bigger number then before?
Do you think record companies or movie companies don't pay big sums to buy out rights so they can sell each copy for $10?
By your logic, the copyright owner must've only paid $10 for the master copy & rights and sold 20M for $10 each?

You may be trying to say, that both authorized and unauthorized copying decrease the value of each copy, and you are absolutely correct. Both the record company and the pirate deflate the value of each record, and the same is true whether you're talking about the fed or the counterfeiting criminal.

Duplication always means more supply, and less value for each product. Especially if it's copied information (which exhausts very little physical resources).

Your ridiculous example of "why does 20M copies of a record all sell or try to sell for $10" is like asking "why are there 300m americans each holding a $10 bill face value"? Just because it has face value doesn't mean it'll be worth the same on a market.

If I had to push the point again, it's the same fact, THE MASTER PRESS of your dollar bills is worth MILLIONS AND BILLIONS, precisely because it has the ability to produce bills that are worth $1, 5, 10, 20, 50, 100 each. And thus the face value IS already deflated from the price of the press and further depressed if they print more.

You ever seen remainder books and remainder recorders? That's when they can't sell for their original retail price because they made too many, it happens less these days because the market is much more predictable, but was more common in the past.
 
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In this comic, what this person does that's "wrong" about counterfeiting, is exactly what people who pirate copyright material do. How can one oppose only one?
Counterfeiting money affects everyone. Pirating copyrighted material only affects the producer and the pirate.
 
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