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11 1929 Great Depression (Conspiracy Theory Literature)




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This article is from the Conspiracy Theory Literature FAQ, by Xavier Poez xpoez@pair.com with numerous contributions by others.

11 1929 Great Depression (Conspiracy Theory Literature)

A major CTL theme is on the illegitimacy of the currency system in the
country. It insists that world bankers can impose a kind of a hidden
tax on currency via inflation and interest rates. It asserts that the
federal reserve system is an inherently corrupt and parasitical
system, draining away wealth from the country via interest payments on
the national debt.

CTL states that the IRS is an illegitimate agency that was never
legally approved by law. CTL suggests that world bankers snuck in the
laws to support both the Federal Reserve and the IRS to implement a
system of hidden taxation on the entire American public.

CTL insists that the depression of 1929 was artificially caused by
world bankers who wished to put the American economy under a greater
yolk, and seize the country's gold and assets at reduced rates. See
[Mullins85b], [Emeryxxx], [Koteen89].

Particularly of interest to CTL are developments that affect the way
the population uses money or the way that it is backed. For example,
the move to the Gold standard and the moves away from it by Nixon are
seen as highly relevant. Also new electronic developments in the flow
of money [Kurtzman93] are watched closely by CTL writers who believe
that the world order wants to impose a global currency for purposes of
control.

 

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