century. Another method of accumulating great wealth is through lending the government money created out of nothing more than a bookkeeping entry, and then earning interest on this money. A feature of this system is that the introduction of unbacked money actually serves as a hidden tax by decreasing the buying power of all the money in circulation. This method (inflation of the money supply) has been used to the extent that $10,000 in 1940 now has the buying power of only $500. By 1971 all ties of gold or silver to our paper currency had been eliminated, making it possible to inflate it to worthlessness, as was done in Germany prior to the rise of Hitler. Once the Federal Reserve had the power to lend vast amounts of money to the government, and the income tax had been established as a way to collect the money to pay the interest on the loans, the United States was on its way to becoming one of the worlds largest debtor nations. This debt is increasing at the rate of a billion dollars a day. As a result a gigantic crisis is being created to lead us into a one world monetary system under the control of the same people who created the problem. The president of American Media, G. Edward Griffin, gave this possible scenario regarding inflation: 84 The Secret Side of History before. In other words, The Federal Reserve has been manipulating the American economy for nearly a