1.29.2009
simple
I'm doing these very simple type posters that have statements about the Fed. I started screenprinting them last week and I'm putting the second colors on tomorrow. So I should have some pics of them on the street by this weekend. So far, they look pretty cool on newsprint...I might actually wheat paste them...
revision
1.19.2009
wilson quote
One of my inspirations to take on the Fed subject...
I think this quote captures the hidden corruption that is the centralized banking system.
Woodrow Wilson, the 28th president, who passed the Federal Reserve Act, wrote this in regret after serving his presidential term.
I don't know if I can use this as one of my posters, but I know I want to put it in the book somewhere...
1.18.2009
fiat money
Once it is understood how drastically the printing of money affects the world, it can be seen how the Federal Reserve System and the government can continuously manipulate the economy. With little affect on the wealthy, it is the majority of the people that is crippled by this system.
If the Fed prints more money and prices go up, this does not mean that wages go up. A great example would be the summer of 2008, when gas prices shot up and airlines could not easily buy fuel for the planes. Many major airline companies started laying off employees to offset the costs.
Fiat money is the current state of the US dollar. It's virtually worthless, aside from the people's faith in it. It's buying power has decreased tremendously over the years and this will just continue.
1.17.2009
fiat money
fiat money poster. i tried doing this poster last semester, but it didn't quite work out so i'm revisiting this idea, but doing a different design.
fiat money means that money is worthless, it has no tangible worth. it's worth is based on the demand for it.
this poster explores how our money has become fiat money.
through the many years of government spending and borrowing, the dollar has become less valuable. when the Fed prints more money, which they often do when there is a war or whenever the government needs it, it allows more money to be circulated in the economy. when this happens, the prices of goods/services goes up. consequently, the dollar's value is lessened relative to its buying power of goods/services.
anyway...i like the look of the poster so far, but i haven't really figured out how i can place my explanation of the poster.
still working on it...
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