6139008-History-of-Money

imperialism to govern the World. By dividing the voter through the political party system, we can get them to expendtheir energies in fighting for questions of no importance."“No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” Article I, Section 10,United States’ Constitution“The Congress shall have power...to coin money (and) regulate the value thereof.” Article I, Section 8, UnitedStates’ Constitution.Most people don't realize that now-a-days the issuing of money is essentially a private business, and that theprivilege of issuing money has been a major bone of contention throughout history over which major wars have beenand are being fought, over which major crimes have been and are being committed, and over which many nations weredestroyed, Kings, Queens, Monarchs, Emperors, Tsars and families like the Kennedys and the Gandhis (in addition to notallowing foreign banks, Mahatma Gandhi said Nov. 26, 1938 “Let the Jews, who claim to be the chosen race, prove theirtitle by choosing the way of non-violence for vindicating their position on earth"), Popes, judges, lawyers, politicians andsix US Presidents were assassinated (William Henry Harrison, poisoned, in 1841, Zachary Taylor, Lincoln, Garfield,McKinley and John F. Kennedy 1963; 7 if you count FDR’s poisoning)! Our current system of exchange was created with aprofit motive aimed at capitalizing on people's need for currency. The Central Banking System (which produces the actualcurrency and loans it to governments at interest and sells it to high street banks at face value) was set up as a network ofprivate businesses with official-sounding names, engineered to make a profit for their shareholders. These include theBank of England (Graham Bannoc R.E. Baxter and Evan Davis, 'The Penguin Dictionary of Economics' page 34 also TheEconomic Organisation of Europe, 'Cambridge Economic History of Europe V' page 352), The Federal Reserve (GrahamBannoc R.E. Baxter and Evan Davis, 'The Penguin Dictionary of Economics' page 155) and all the other Central Banksthroughout the World. Not one of them is democratic! All of them are masters of disguise. Even nationalization has notstopped Bank of England stock holders from receiving their dividends, nor stopped the bank from keeping 75% of itsprofit, while writing off the 25% it pays to the Treasury as corporation tax (Bank of England Act 1946).Let's Go FORWARD and understand how the power to create money interest-free was usurped from the people by the“money changers” in the past and how now the Private Central Bankers’ dynasties have grown so immensely that they arein almost full control of the people (they use names like Federal Reserve or Bank of England to hide the fact that thesebanks are really privately owned). In our exploration of the “Hidden History of Money” we will be exposing how seeminglyrespectable institutions that are bleeding the World dry have been set up, and how they maintain their air of respectabilitythrough clever use of legislation, hence the political dimension, and through clever use of distractions, hence thepropaganda dimension. We will also be looking at how the privatization of the production of currency from nothingand then the charging of interest on this “fake” or “fiat” money has been turned into a means to make hugeprofits for a given few Illuminati Bankers at the expense of the rest of us. History will disclose how more positiveeconomic plans were proven to work too well, and how they were forced to stop by the institutions their successthreatened, sending prospering communities into ruin. Here we will look at what we inherited (and we will explore how wecould change it to make it fairer for all in XAT3 link at the end of this section). Because money affects almost every aspectof our lives, how it works is something we should all be interested, however we are mostly discouraged from doing this byexperts, who assure us the topic is much too complicated for most of us to grasp. Our accepting this leaves the wholesubject largely unexplored, and allows those who do know to carry on unquestioned. As a result it is estimated that onlyone person in a thousand actually understands how money is created. Reading this will not make you a financial wizard,but it will make you a 'one in a thousand' and hopefully in time help to raise the odds in favor of a better World.The use of money evolved out of deeply rooted customs as is shown by the study of primitive forms of money, e.g. cattle,cowrie shells, whales’ teeth and manilas (ornamental jewellery). The clumsiness of barter was merely one factor in thedevelopment of money. Banking was invented before coins and reached a high level of sophistication in the Egypt of thePtolomies. Military conquests, such as those of Alexander the Great, spread the use of coins which became the mostconvenient means of payment. From blood money payments in primitive societies to the military-industrial complex of thepresent day developments in warfare and finance have, unfortunately, been closely connected. Even the word to paycomes from a Latin word meaning to pacify. Warfare played an important part in the spread of the use of coinage and theinvention of the national debt, while the adoption of debt-free paper money by the Colonies was both a cause of theAmerican Revolution and a means of financing it against the private Bank of England's tyranny debt-based paper money.The British colonies in North America were chronically short of coins and were forced to use various substitutes includingwampum, like the native inhabitants, and tobacco. The enthusiastic adoption of paper money and its suppression by theBritish was a factor in provoking the American Revolution. Ever since independence, banking has been the subject ofpolitical controversy and the US financial system may be in relative decline due to its take over by the privately ownedFederal Reserve Bank issued debt-based money by creating it from nothing.Understanding FIAT Money (created from nothing; thus an I OWE U)Daniel Webster: “Of all the contrivances for cheating the laboring classes of mankind, none has been more effectivethan that which deludes them with paper money.”Commodity money is a physical thing, such as gold or silver. It takes work to create it. There are compelling reasonswhy gold has been the preferred commodity money since antiquity.The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 189