Citizens Electoral Council of Australia

Media Release  Wednesday, 27 February 2013

Craig Isherwood‚ National Secretary
PO Box 376‚ COBURG‚ VIC 3058
Phone: 1800 636 432
Email: cec@cecaust.com.au
Website: http://cec.cecaust.com.au
 

Only a Glass-Steagall banking separation can stop hyperinflation and mass death

The hyperinflation already endemic in the global financial system, and its devastating impact on millions of people’s lives, has been laid bare in a 25-minute video by the LaRouche Political Action Committee entitled Hyperinflation: A Graphic Presentation.

Click here to view Hyperinflation: A Graphic Presentation.

Executive Intelligence Review magazine’s Dennis Small uses charts based on the U.S. Federal Reserve’s own figures to show how the combined effect of printing money and shutting down the economy is creating an explosive charge which will obliterate the entire global economic system, and the people subjected to it, which is intentional. Small depicts the savaging of the labour force through unemployment, particularly in Greece and Spain, where youth unemployment has now hit 50%, and is projected to hit 60% by the end of the year.

As Small puts it: “Now, stop for a second and think about what that means. What does it mean for the actual survival of a country or an economy, when close to two-thirds of your youth have been thrown on the scrap-heap? They don’t have a job! Let alone a productive job, or a high-tech job. They have no future! The country is being killed, it is being destroyed. And I ask you: What is the difference, between this destruction of a country, and the concentration camps of Adolph Hitler (also inspired by the British)? There’s absolutely no systematic difference between the two. This is genocide which is going on, and it is intentional genocide which is going on. And it’s that policy which has to be changed. That’s why LaRouche says, that the alternatives which we’re actually facing today, are between a return to the Franklin Delano Roosevelt Glass-Steagall principle of 1933, or, genocide.”

On 25 February Lyndon LaRouche demanded the Glass-Steagall solution: “The hyperinflation must be simply annulled, thus wiping out virtually entirely the greatest mass of fraudulent financial claims ever conceived by mankind.”

Click here to view Hyperinflation: A Graphic Presentation.