Gas Prices in Rocky Mt., Va. (April 25,'11)
The face value of one ounce of gold is 50 dollars. One ounce of gold today is 1,500 dollar bills. That'll buy 400 gallons of gas at 3.75 a gallon. An ounce of gold today will buy 400 gallons of gas. If an ounce of gold was only worth 50 dollars (which is it's face value, it's printed on the coin) then a gallon of gas would cost .125, that's twelve and a half cents. The Federal reserve is the one and only reason for the gas prices.
The Federal Reserve (which is not federal and has nothing in reserve) operates on numbers, not money. If our currency was worth it's face value a 50 dollar bill would buy a one ounce 50 dollar gold coin. Today it takes 30 fifty dollar bills to buy one (1oz.) 50 dollar gold American Eagle. This is what we get for allowing the privately owned company called "The Federal Reserve" to create what we use as money out of nothing but ink and paper. Paper is not money. That's why a dollar bill is called a "dollar BILL". It's a bill (receipt) for a dollar. The problem is that the actual dollar of gold (or silver) doesn't exist in the federal reserve system. A dollar bill is a warehouse receipt from an empty warehouse.
The Federal Reserve is no more federal than Federal Express or Federal Mogul. It's just a name invented by the banksters in 1909 to fool the people into thinking that it's a United States Federal entity and Woodrow Wilson signed the Federal Reserve act into law in 1913 turning over all of America's economy to a group of private bankers (banksters) that run it for their own profit, not America's.
Gas Prices in Rocky Mt., Va. (April 25,'11)
The face value of one ounce of gold is 50 dollars. One ounce of gold today is 1,500 dollar bills. That'll buy 400 gallons of gas at 3.75 a gallon. An ounce of gold today will buy 400 gallons of gas. If an ounce of gold was only worth 50 dollars (which is it's face value, it's printed on the coin) then a gallon of gas would cost .125, that's twelve and a half cents. The Federal reserve is the one and only reason for the gas prices.
The Federal Reserve (which is not federal and has nothing in reserve) operates on numbers, not money. If our currency was worth it's face value a 50 dollar bill would buy a one ounce 50 dollar gold coin. Today it takes 30 fifty dollar bills to buy one (1oz.) 50 dollar gold American Eagle. This is what we get for allowing the privately owned company called "The Federal Reserve" to create what we use as money out of nothing but ink and paper. Paper is not money. That's why a dollar bill is called a "dollar BILL". It's a bill (receipt) for a dollar. The problem is that the actual dollar of gold (or silver) doesn't exist in the federal reserve system. A dollar bill is a warehouse receipt from an empty warehouse.
The Federal Reserve is no more federal than Federal Express or Federal Mogul. It's just a name invented by the banksters in 1909 to fool the people into thinking that it's a United States Federal entity and Woodrow Wilson signed the Federal Reserve act into law in 1913 turning over all of America's economy to a group of private bankers (banksters) that run it for their own profit, not America's.