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The salvation in the time of financial crisis: Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of nothing to buy mortgage backed securities. This shocking admission came from the Joint Economic Committee hearing on Capital Hill two weeks ago.

Ron Paul: "Well, where did you get the money? You created this money. So you did monetize debt, and that went into the banking system".

Money out of thin air: There is no a single mainstream news agency that covered this revelation.

Money printing press: So if we can create money backed by nothing out of nothing in unlimited quantities, then what's the real problem of our civilization?

Here lies the answer: Who owns the printing press?


26 november 2009, Giulio Tremonti, current Minister of Economy and Finance in the Italian government asks Pier Luigi Bersani: "You want to print money and create debt?" Thus, printing money means create debt. To whom is the debt owed to?





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