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January “First Friday”: Michael Anthony Peroutka Warns Of The Danger Of “Funny Money” And The Federal Reserve System

Posted on December 18, 2011 by The American View

MICHAEL ANTHONY PEROUTKA

To one of our biggest audiences ever, Michael Anthony Peroutka, in his January 2012 “First Friday” address, warned us about the danger of the Federal Reserve System and its “funny money” policies. He said that most Americans wrongly believe that the Fed is designed to foster a healthy American economy by stabilizing interest rates and preventing inflation. But, as easily-discoverable facts prove, the Fed is actually the instrument which creates inflation.

Among the points made by Michael in his talk were these:

  • The Fed is not a government agency.
  • The owners of the Fed are unknown.
  • The Fed was founded secretly in 1911, and is the only American corporation that pays no income tax.
  • The Fed is an unconstitutional body which deliberately steals the wealth of the American people. And this has happened because those in government do not adhere to the standards for government: the Bible and the Constitution.

The Fed, Michael noted, is a corrupt union of the central government and central bankers whose main activity is to manipulate the currency by producing “fiat money” which is money which, supposedly, is to be treated as money simply because the Fed says so, and not because there is something of known value (gold, for instance) to back it up. “Fiat” in Latin, means “let it be done!” and so the Fed deems pieces of printed paper to have numerical value, and periodically floods more of them into the economy, diluting the value of the paper in circulation, and forcing Americans to have to pay a higher quantity of paper pieces than they had to before each previous “quantitative easing.”

Putting a new twist on the well-known board game of “Monopoly”, with the assistance of audience members, Michael illustrated the dynamics of the Fed’s money-game. Property seems to have a dollar value, Purchasers save or borrow, they go into debt to the Banker, and Banker goes to his friend, Government, to have Government print more money. In Michael’s version, Government could open another box of Monopoly, just to pull out more paper money and flood it into the first game.

Michael’s presentation included using excerpts from a few videos designed to wake up Tea-Party and other concerned Americans to the fact that both major political parties are playing the Fed game, at the expense of the American people and their property.

Michael wanted his hearers to know that Americans and, alas even their government, will always be beholding to the Bankers, because it is the Bankers’ scheme. He called our attention to the characters in Franklin Sanders’s “The Parable of the Cards.”

The Q&A forum showed that there are differing opinions and much information about our nation’s economy, which bear discussing and evaluating. Many audience members enthusiastically expressed their gratefulness for the presentation, which helped them to understand the mysteries of “The Fed.”

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    Briefly stated, "The American View" of government is that there is a God, the God of the Bible, our rights come from Him, and the purpose of civil government is to secure our rights.

    There are many views of government, from equally numerous world views. Americans are blessed that our Founders' Biblical Worldview informed their political philosophy and the framing of our founding documents.

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