6139008-History-of-Money

. . whether the government is involved in the entity's finances, . . . and whether the mission of the entity furthers thepolicy of the United States . . . Examining the organization and function of the Federal Reserve Banks, and applying therelevant factors, we conclude that the Reserve Banks are not federal instrumentalities ... It is evident from the legislativehistory of the Federal Reserve Act that Congress did not intend to give the federal government direction over the dailyoperation of the Reserve Banks . . . The fact that the Federal Reserve Board regulates the Reserve Banks does not makethem federal agencies under the Act . . . Unlike typical federal agencies, each bank is empowered to hire and fireemployees at will. Bank employees do not participate in the Civil Service Retirement System. They are covered byworker's compensation insurance, purchased by the Bank, rather than the Federal Employees Compensation Act.Employees traveling on Bank business are not subject to federal travel regulations and do not receive governmentemployee discounts on lodging and services . . . Finally, the Banks are empowered to sue and be sued in their own name.12 USC Section 341. They carry their own liability insurance and typically process and handle their own claims. . ."According to the Federal Reserve Bank of Philadelphia, "When the Federal Reserve was created, its stock was sold to themember banks." ("The Hats The Federal Reserve Wears," published by the Federal Reserve Bank of Philadelphia). The Fedis a BankLords’ monopoly cartel: Monopoly - "A privilege or peculiar advantage vested in one or more persons orcompanies, consisting in the exclusive right [or power] to carry on a particular business or trade, manufacture a particulararticle, or control the sale of the whole supply of a particular commodity, A form of market structure in which only a fewfirms dominate the total sales of a product or service. 'Monopoly' as prohibited by Section 2 of the Sherman Antitrust Act,has two elements: possession of a monopoly power in relevant market and willful acquisition or maintenance of thatpower, as distinguished from growth or development as a consequence of a superior power, business acumen, orhistorical product. A monopoly condemned by the Sherman Act is the power to fix prices, or exclude competition, coupledwith policies designed to use and preserve that power." (Black's Law Dictionary, 6th Edition) The Federal Reserve Act goesone step farther, "No Senator or Representative in Congress shall be a member of the Federal Reserve Board or an officeror director of a Federal Reserve Bank." They didn't want We The People to have any say in the operation of theirmonopoly through our elected officials."The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people torestrain the government - lest it come to dominate our lives and interests." [through being controlled by Feudals] --Patrick HenryToday’s private central and local banks create this fiat money and still call it dollars. There is no gold or silver backing themoney in your bank account. The reason your account money or paper money have purchasing power is because othersaccept it in exchange for their goods and services and you accept it as well, through The Force Ofbad/fraudulent/dishonest/immoral Legislation domestically and through the force of the military abroad! We need tohave a mutually agreed upon and acceptable point system or money to facilitate our transactions of goodsand services. That is essential for the on-going distribution of produced goods and services. But, control overthe forms and issuance of fiat money yields IMMENSE powers to its private controllers who can createdepressions, recessions, booms and busts, all the while accumulating wealth and land from the commonpeople, as we will show later. Examples of the immense powers are issuing loans to self and fellowoperatives or their corporations or tax-exempt foundations at zero interest and then writing them off andwithholding or calling-in loans to bankrupt others, etc.William Findley (1785) on the private issue of national fiat money: “This institution [private central bank], having noprinciple but that of avarice, will never be varied in its object… to engross all the wealth, power and influence of thestate.”Money is also used to measure and store a value for our production efforts. If this effort is stored as a commodity such asreal gold and silver coins or certificates of ownership of gold and silver which are on deposit in a safe, then its value isstable. If the effort is stored as fiat paper money (money not backed directly by a commodity but rather just printed orissued into an account as a future promise to pay or give something in return), then its value is variable and based on theconditions prevailing at the time of trying to use this money. You can be sure that today’s dollar is definitely not worth thedollar definition which was $20 per ounce of gold in 1518. Today’s “Promise to Pay the Bearer on Demand” is phonybecause you will not get anything except a fresh crispy note if you go to the issuer to cash your dollar. You certainly willnot get the 25.8 grains of gold! The ancient elites understood money mechanics. So, long ago in the dark unwritten pagesof human history, powerful kings discovered how they could control and enslave other men by a combination of money,tithing, interest, torture, magical practices, wars, politics, and idolatrous religions (self-worship or worship of one’sunrestrained desires). These elite families designed strategies and tactics to monopolize power and wealth, limit theircompetition, and perpetuate their occult practices. Layers upon layers of secrecy have hidden these families from themasses but many wise authors have touched upon their existence.What Reserves? Private Fed/Commercial Banks CREATE MONEY FROM NOTHING & LEND “I-O-U”sThere is a huge misconception among people that the private banks lend money which is on deposit withthem. In actual fact, the privately owned Federal Reserve and Commercial Banks lend out which they createfrom nothing. W. Hadley Robinson, Fellow of the Institute of Bankers, (F.I.B.) in his ‘Money and the Citizen’:“They [the Bankers] manufacture credit by a mere stroke of the pen.” A.L.G. MacKay, Professor of Economics,University of Rangoon, stated “By means of a loan, overdraft, or by cashing of bills, the banks are able to increase thevolume of deposits in the community, and because of this process it is not correct to say that a bank loans out depositsThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 52