6139008-History-of-Money

Now, in the case of fiat money, this not a problem as long as it’s issued by the sovereign government and not by a privatemonopoly who have usurped this power from the people and taken it for themselves. There is no reason why we shouldbe paying interest and be in debt to the Banksters for FIAT money created from nothing using THE PEOPLE as collateral.We can do this ourselves. And there is no reason that people should pay interest on the promises to pay that are calledFederal Reserve Notes, and this eternally. IT IS A TOTAL FRAUD since ancient times.We need credit issuing offices just like we need driving license issuing offices or fishing license issuing offices and abureaucracy is required to be fed for this administration. But we cannot allow this bureaucracy to eat much from ourproductivity and be the monster that it is today or to play tribal favorites. In addition to all the quotes from prominentpoliticians and bankers, listen to Irving Fisher about the latter situation.1. It is the people who give value to the instrument or currency that is issued by the creators of money.2. He who controls the issue of money controls the governments, corporations and individuals. the bankers couldcontrol the media, by "withholding patronage from all...who are not willing to oppose the Government issue ofmoney". This same method has been used to control the media, the schools (both public and private) and thegovernment, itself.3. “Man is born free, but everywhere he is in chains.” ~ Jean-Jacques Rousseau. The Fed creates the need for beingin eternal debt and the need to tax people.4. Every dollar created requires someone willing to pay interest to the Banksters.5. The “dollar” measuring stick does not represent a fixable value.6. The “dollar” is constantly losing value and thus cannot be used to store wealth.7. The falling value of the dollar makes it preferable to be in perpetual debt as the value of the debt keepsdecreasing due to inflation, i.e. in perpetual risk and at the mercy of the BankLords who control and manipulatethe issue of debt and thus boom and bust cycles locally and nationally.8. The dollar is not redeemable by the issuer just like shares are not redeemable by the company that issues them,i.e. you have to find someone else than the issuer who is willing to buy it or to trade it.9. The Federal Reserve System is the BankLords’ bank that is a private monopoly credit issuing cartel and isincapable of accomplishing its stated objectives already proven a failure by its past performance. It benefits theBankLords who wind up controlling everything and take in about 80% on each dollar issued.10. It is a private money issuing cartel operating against the public interest. "Power corrupts, and absolute powercorrupts absolutely." - Lord Acton.11. The BankLords in-fact own you because they issue claims against the entire country’s assets and labors as if theyowned it, and instead of you being borne free owning your share of the planet’s resources, you are born indebtedto the Banksters.12. It's the supreme instrument of usury and slavery (see later the sections on usury and slavery).13. It consumes most of our tax dollars and after-tax dollars in hidden interest charges.14. It generates our most unfair tax through inflation and bail outs.15. It encourages war and creates massive war debts. The BankLords fund all sides in conflicts.16. It encourages currency wars to maintain hegemony over the World Currency (currently the US Dollar)17. It destabilizes the economy. The BankLords create the boom and bust cycles, ever so profiting and accumulatingland and other assets leaving less and less for the growing populations.18. It discourages private capital formation.19. It generates enormous profits which the cartel owners then channel into controlling governments.20. Governments keep passing laws and executive orders favoring the BankLords at the expense of the masses.21. When a bank fails because it cannot meet the interest payments to the FED banks because it has issued too manybad or fraudulent loans or its funds have been embezzled or it’s spending lavishly on salaries and bonuses, etc.,all of the liability is transferred to the taxpayers.22. There is a major conflict of interest: those who create money get to give themselves loans to buy out otherbusinesses.23. Monopolies and cartels must not be allowed, whether it’s banking cartels or oil cartels.24. Banks create money out of thin air and distribute it, unevenly throughout the economy, at interest.25. The Fed is expected to combat inflation; instead it has allowed the dollar to lose over 75% of its value in the last30 years alone.26. Using the accounting rules that apply to others, every money center bank has been hopelessly insolvent for over20 years.27. Financial bailouts --- by both the IMF and the U.S. government--- involve massive wealth transfers from ordinarytaxpayers to the financial sector (mostly banks).28. FDIC insurance coverage encourages money to flow into banks--- particularly risky banks--- that otherwise wouldhave flowed elsewhere in a free market.29. While money creation always increases prices, some methods and patterns of distribution produce dramaticwealth transfers while others have no such effect.30. The Fed was formed in 1913 to be a lender of last resort; yet, throughout the 1920s, banks failed atunprecedented rates and in 1933, 1/3 of all banks failed.31. Democracy and free enterprise both suffer when government permits an elite group to create money and forcesthe rest of us to honor that money through legal tender laws.32. Since the money creation privilege is always abused, the government must grant additional special privileges tocover-up the effects of those abuses.The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 57