6139008-History-of-Money

I need to define that word so that you will know what I mean when I use the word cartel. It is a group of independentlyowned businesses which come together for the purpose of reducing or eliminating competition between themselves toenhance their profit margin or to secure their positions in the market. They do this by various means one of which is pricefixing--no competition on price. There are other means. If we were forming a cartel here I might insist that I get the northand you can have the south and we won't compete. Or I would say I'll produce the gizmo and you can have the widgetand we won't compete or we'll share patents and processes and whatever we do we agree to eliminate competitionbetween ourselves. The more layers of agreement that we put one on top of the other, the more we become encased inthis cartel structure and we become as one insofar as the market is concerned even though within that grouping we areseparately owned.This is just as true with a banking cartel as it is with any other industry. We come to the conclusion when we analyze thenature of the Federal Reserve System how it operates, read the Federal Reserve Act, place it against the context of thehistorical background and we come smack to the realization that the Federal Reserve System although it parades aroundlooking as though it's a government operation of some kind, is merely a cartel of banks right under our noses and it isprotected by law. I sometimes get the impression that it's been there dangerously operating all these years and we didn'teven know it. I saw a video some years ago about the lava tubes in Hawaii. They are very impressive because apparentlyonce in a while the ground will just break out, a hole will fall down and you can look into the hole and you see that there'sa river of lava actually flowing just a few feet under your feet and you don't even know it's down there unless somethingbreaks through and you hope you're not on the piece that breaks through. I got the feeling that this is how the FederalReserve has been operating right under our feet; this cartel has been running and we didn't even know it because thatfact has been carefully concealed from us.Conclusion number 2 about the Federal Reserve System, a very important thing that we didn't know is the cartel. There'seven more to it than that. Perhaps the third ingredient is the most important of all and that is the realization that thiscartel went into partnership with the government. Now we have hold of something extremely significant. Cartels often gointo partnership with governments because they need the force of law to enforce their cartel agreement but in this casethey did it in spades. Whenever a partnership is formed there has to be a benefit to the partners otherwise they don'tform it. So we need to ask the question what is the benefit, the payoff, for these two partners? Why did they go into it?Why did the government go into a partnership like this and why does the banking cartel? In answering those questions wefinally come to grips with the reality of what this creature from Jekyll Island is. Let's take a look at that; what's the payoffto these two partners? In order to see that we'll have to examine in some detail the mechanism by which the FederalReserve System creates money. This is a real interesting study. I call it the "Mandrake Mechanism" named after thatcomic-book character of the 40s, Mandrake the Magician, who could create something out of nothing and then wave hiscape and it was back into the void again. That's a descriptive phrase for the way the Federal Reserve System does it.Let's take a look at it and see how they create money through the Mandrake Mechanism. I am going to do this in a verysimplified form. I want to warn you that it's going to sound like it's too simple. It's not. I'm going to strip out all thebanking terminology, all the banker language, all the accounting phrases that need to be defined and speak in very plainEnglish that anybody can understand. It may sound to you as though I've simplified it too much and I want to assure youthat in spite of the simple language everything I'm going to tell you is absolutely 100% technically accurate. The otherthing I want to warn you about is don't try and make sense out of this because it can't be done; this does not make senseand you'll blow a fuse trying to make it make sense. Just remember that it is a scam and if you keep that fact in mindthen you'll have no trouble comprehending what's going on.Here's how it works. It starts with the government side of the partnership in Congress which is spending money like crazy.It spends far more money than it takes in. It is spending way beyond its income. How can it do that? Basically this is whathappens. Let's say Congress needs an extra billion dollars today so it goes to the treasury and says "we want a billiondollars" and the treasury official says "you guys have got to be kidding, we don't have any money here, you spent it all along time ago, everything that we've taken in taxes you fellows have spent by March." Congress says "we thought thatwas true but we thought we'd stop by just in case somebody sent some more in." They get together and they go down thestreet and they get the idea that we'll borrow the money. So they stop at the printing office and they don't print money atthe printing office, they print certificates and they're very fancy things with borders on the edge with an eagle across thetop and a seal at the bottom and it says "US Government Bond" or "Note" or "Bill" depending on the length of thematurity of it. If you hold it up to the light it really says "IOU" because that's what it is. They print these things up and itlooks very impressive and then they offer them to the private sector; they're hoping that people will come up and loanmoney to the federal government and a lot of people do and are anxious to lend money to their government. Why?Because they've been told by their investment advisors that that's the most sound investment that you can make. Why?We've all heard that these loans are backed by the full faith and credit of the US government. They're not quite sure whatthat means but it sure sounds good. I'd like to explain for you who are in doubt what that means. The full faith and creditof the US government means that the government solemnly promises to pay back that loan plus interest if it has to takeeverything you and I have in the form of taxes in order to do it, it's going to do it. It will take everything we have ifnecessary to hold its pledge. People don't realize that they're putting themselves on the line, they're going to get theirown money back minus a substantial handling fee.Plenty of money is loaned to the government but never enough. Congress needs more money than that. They say not toworry. They go further down the street to the Federal Reserve building. The Fed has been waiting for them, that's one ofthe reasons it was created. By the time they get inside the Federal Reserve building the officer of the Fed is opening hisThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! 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