In the early ‘40s a group of prisoners were forced to participate in a secret counterfeiting project spearheaded by the Nazi SS called Operation Bernhard. The plan was to flood the British economy with fake bank notes with the goal of destroying the currency (i.e., inflation). A similar project was developed in parallel for the American dollar. However, despite the attention that this project and endeavors like the North Korean “superdollar“ have attracted, one tax-financed organization essentially pumps the economy with billions of notes each year: the Federal Reserve. Yet, rather than litigating this criminal action, the perpetrators are given accolades and are erroneously viewed as wise sages. It is institutionalized counterfeiting by any other name and the only effective solution is the separation of state and money.
Note: both the Mint and BEP are separate entities in and of themselves, however they are arguably aiding and abetting the Fed which uses creative accounting to create credit out of “thin air.”
See also: The Case for Counterfeiting What Has Government Done to Our Money? On the Manipulation of Money and Credit A Chicken In Every Pot And A Minting Press On Every Desk Who benefits from inflation?
