6139008-History-of-Money

notes were issued. The BankLords who own the privately owned Federal Reserve banks and Commercial Banksand issue the notes for the cost of printing them have no liability because they have passed it on to thetaxpayers by issuing this national currency. Although the liability has been passed onto the taxpayers and citizens,the BankLords reap the benefits and the debt is still owed to the BankLords and not to the taxpayers.In the past, US Banks who had escaped the clutches of the Bank of England issued their own private currencies; however,with the creation of the privately owned Federal Reserve System banking cartel, the American relatives of the EuropeanBanklords regained control of America. The Bank of England has been issuing national currency since its start in 1694 andhas thus been enslaving people since a longer time. People escaped the European slavery and came to the US to be free.We can note how the European standard of living is lower than the US. But now, these international BankLords have beensabotaging the US since its independence from Europe and are trying to bring ours freedoms further down.Whenever money is created by the BankLords, the liability is collectivized and passed on to the taxpayers as a whole. AVERY BIG FRAUD! If the currency had been issued by the government on behalf of the citizens as it should be, it wouldhave been debt free and interest free while circulating within the country. The BankLords have usurped our lives by usingus as collateral for the national currency which they issue. The ancient word for this is slavery.The problem is about who controls the issue of this “Fiat money” or “credit money”. This type of money is a claim againstthe earnings and wealth of the living, the dead and the unborn as the fiat money debt is passed from generation togeneration. The fiat money is created from nothing by private BankLords who monetize individual promises to pay andissue this “money” at no liability to themselves using (us) the masses’ current and future wealth as collateral yet theinterest and the debt is repayable to them in the form of paper or actual goods and services which they can repossessagainst a debt which they created from nothing. There is no way for governments to repay it ever.Thus, the BankLords have enslaved us and our future generations and will take over all governments andwealth gradually by demanding real assets against the phony paper money which they printed or bydemanding that the phony paper money not be spent and actually be given back to them in exchange forbonds. The take-over of the economy by the BankLords achieved by usurping the right to create credit moneyfrom the people has thus required the suppression of much of our history and literature, beginning withAristotle and Plato who were explicit on the distinction between the two aspects of money.In the case of the US$ fiat currency, it is issued by a private central bank known fraudulently as the FederalReserve Banks. The Fed banks are a banking cartel owned by the same people who own the major commercial banks.These major BankLords can slowly squeeze out the smaller banks in addition to fleecing the World. The private FederalReserve, with no assets, creates & issues this credit money currency from nothing for the cost of printing, or the cost of acomputer database entry, and it expects this to be paid with eternal interest, and sometimes with gold or other realcommodities and it expects this paper money credit to be guaranteed by our past, present and future labor (insult toinjury) i.e. a gigantic fraud (see quotes from the Founding Fathers later). The BankLords create money by merelycreating paper credits in the central banking cartels which they own and in the local banks which they also own. TheDollars created by the Fed represent a national debt owed to the private BankLords who own the Fed and issue thecurrency at no cost and liability to themselves because Dollars are non-redeemable by the FED and can be redeemed forgoods and services from others’ labor. The rest of the World mostly accepts this system of fiat currency due to the powerof the fraudy Federal Reserve Act backed by the US military and propaganda machines. The money the BankLordscreate at no liability to themselves is redeemable for any goods or services produced by anyone willing toaccept the private Federal Reserve dollar currency notes and cheques.Notice how Iraq was invaded after it decided to use the Euro€ instead of the US Dollar$ for its oil trade. Under occupation,Iraq was forced to resume trading oil for US$ (as for Afghanistan, it’s about controlling China, energy pipelines andreviving the multi-billion dollar drug trade which the Taliban had eradicated) and the price of oil went from $15 to $75quintupling the $ purchase requirements, i.e. from over $600 million daily to over $3 billion daily. Now, Iran is underthreat after having switched to the Euro for its oil trade.TODAY’S MONEY IS NOT WHAT IT USED TO BE. OUR FIAT MONEY IS A PROMISE TO PAY, i.e. A RAINCHECKTOKEN ISSUED BY PRIVATE BANKSTERS AT NO LIABILITY TO THEMSELVES FOR ANYTHING THAT CAN BEPURCHASED IN AMERICA (and many other places in the World) WHOSE REDEEMABLE VALUE CHANGES WITHTIME. IT IS A FRAUDY LEGISLATED WAY TO FACILITATE & COMPARITEVELY MEASURE AND TRACKPRODUCTION TRANSACTIONS BASED ON A PROMISE TO PAY!!!!! Fiat money is workable as along as thegovernment of the people, for the people and by the people issues fiat money for the people’s benefit only.But through bloody historical events which we will describe in this book, private banking dynasties havemonopolized the issuance of money and have usurped this power from governments which they now control.In the US, the privately owned Federal Reserve Bank has the power to issue the fiat currency. If a privateparty issues the national currency, it has the power to create currency that can be redeemed for anyoneelse’s goods and services even though it was created from nothing by the issuer without the issuer beingliable for any redemption, i.e. the private money is issued using us as collateral, a de-facto legalizedprivatized counterfeiting monopoly given by fraudy legislation which enslaves us. The Fed owners make therules for their benefit! And the rest of the World is accepting to hold this fiat currency as their reserve underUS military threat thus providing the BankLords something for nothing (since the dollar notes are merelypaper which they got printed)!! A BIG FRAUD ON ALL!!! REMEMBER, FIAT MONEY DOES NOT CREATE GOODS &The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 49