If there's one thing monopolists hate, it's competition. That's probably why the U.S. government shut down Liberty Reserve yesterday, charging seven men with laundering $6 billion for over one million clients. Calling Liberty Reserve a "bank of choice for criminals," the feds won't be satisfied until they destroy every currency that competes with the U.S. dollar.

That's because the Federal Reserve is actually the largest money laundering operation of all. It routinely creates trillions of dollars in counterfeit currency for it's favorite mob banksters like Goldman Sachs and JP Morgan. Disguised with labels like "banker bailouts" or "economic stimulus programs," these handouts of fiat currency debase all the other dollars held by everyone else. It's the greatest financial swindle in history, making Bernie Madoff look like an amateur.

OMG, the currency was used by criminals? Say it isn't so!

Maintaining monopoly control over the money supply, however, means destroying the competition. Liberty Reserve was starting to look like competition, so it had to be taken out. The investigation involved 17 countries, and the P.R. propaganda campaign has the entire mainstream media characterizing Liberty Reserve as some sort of money laundering scheme when, in reality, it was just a private electronic currency.

For example, the Washington Post said that Liberty Reserve catered to "...drug traffickers, child pornographers and others in the criminal underworld..."

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