• Money is a World-wide system of measure and credit to keep track of the value of transactions thus facilitating the exchange goods and services
• In this system, the bankers create the value credits or World-wide rainchecks from nothing and can issue them to whomsoever they wish and not issue them to others
• As we will explain in this short presentation, the World financial system is a fraud imposed upon all Earthers by the Ruling Elite led by the Rothschilds & associated dynasties like the Rockfellers, etc., and their cronies. It is a model for expropriation as stated by an eminent Austrian professor of economics and many others.
• President Woodrow Wilson, who was originally responsible for supporting the creation of the private Federal Reserve system, later regretted that decision for obvious reasons, saying: “A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men … [W]e have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world–no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.”
THE MONEY SCAM
Lets study The Money Scam. It can be divided into five parts:
1. Money Creation: created as a computer ledger entry from the stroke of a keyboard, i.e. created from nothing and representing nothing that the bankers possess, a.k.a. counterfeiting which the bankers have legalized for themselves (just like tax loopholes & other legislation legalizing their scams)
2. Money Issuance: all money in circulation issued by bankers to whomsoever they will is a record of THE BANKERS’ DEBT PASSED ON TO THE PEOPLE but the illusion is that it was the bankers’ asset (see 1 above)
3. Interest payments: no additional money created for that
4. Inflation: equals theft from value of existing money
5. Dollar: an undefined measure, i.e. a false measure, it iswhatever you can get for it at the time you spend it
Bankers issue derivative bets a la house casino, and when bets go bad, the house loses, the debt is paid by creating/passing more DEBT TO THE PEOPLE……
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This is also known as counterfeiting, i.e. creating book entries or paper notes representing no existing assets owned by the bankers, it’s a legalized criminal activity and a model for expropriation, especially in defaults/foreclosures which leave bankers owning actual assets derived from their counterfeit money.
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Genius inventor Thomas Edison: “People who will not turn a shovel full of dirt on theproject (Muscle Shoals Dam) nor contribute a pound of material, will collect moremoney from the United States than will the People who supply all the material anddo all the work. This is the terrible thing about interest.”
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Note: Reserve ratio defines how much money local banks must deposit with Fed. Fed advances zero interest loans to its pets like Goldman Sachs. The Fed can create unlimited amounts off-balance sheet, as revealed lately $16 Trillion.
THE MONEY SCAM
Until the bankers stole our money creation process and turned money into adebt to the bankers.
Inventor of many, including the electric light, Thomas Edison, criticizing theprivate monopoly of the Fed to create money: "If our nation can issue a dollarbond, it can issue a dollar bill. The element that makes the bond good, makesthe bill good, also... It is absurd to say that our country can issue $30 million inbonds and not $30 million in currency. Both are promises to pay, but onepromise fattens the usurers and the other helps The People."
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• William Patterson 1694 Founder of the Private Bank of England: "Thebank hath benefit of interest on all moneys which it creates out of nothing[i.e. fiat money]."
• Ralph M. Hawtrey, Former Secretary of the British Treasury: "Banks lendby creating credit. They create the means of payment, out of nothing [i.e.fiat money]."
• President Lincoln’s words (assassinated by the Banking Gangsters’ agent)"The Government should create, issue, and circulate all the currency andcredits needed to satisfy the spending power of the Government and thebuying power of consumers. By the adoption of these principles, thetaxpayers will be saved immense sums of interest."… "The money powersprey on the nation in times of peace and conspire against it in times ofadversity. The banking powers are more despotic than monarchy, moreinsolent than autocracy, more selfish than bureaucracy. They denounce aspublic enemies all who question their methods or throw light upon theircrimes”
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THE MONEY SCAMBankers also reposes countries, and if they don’t cooperate, they use their imperial muscles to invade them or overthrow their governments
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Let’s take back our money creation process and return to the way it
used to be…. Debt-free money and no income taxes!
And now a word about the global finance crisis (which is still
happening right now)……
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All from money created from nothing, when our governments were
supposed to do it for free. I wonder what happened?
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BANKER CONTROLLED MEDIA PROPAGANDA BELOW
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But many honest people have been informing us about the bankers’
money scam
For years……
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Please keep in mind what Austrian Professor of Economics Franz Hörmann, University in Vienna said recently:
"The current crisis stems from the banks. The banks [private central and commercial banks] invent money as part of the credit creation process.
But if you create money out of thin air [a.k.a. counterfeiting] and then pass it on to others while adding interest to something that did not exist before, and then also, if you make physical assets the collateral, that is in reality a model for expropriation if the social model goes wrong.
This is also the reason for bank secrecy rules. Banks are not in a position to reveal where the interest for savings books, property saving contracts and such like comes from and so show that it is all a complex pyramid scheme or ponzi game in reality.“
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"Until the privileges and powers of Private Bankers are taken (back) from them, andnations and their people recover that which has been (mis)appropriated by them[Banksters], great fortunes, indentured servants, exalted elite, demagogues andautocrats in government will remain." -- Extract from a speech given at University ofTexas, 1920, by Sir Josiah Stamp, Director of the Bank of England.
Now (June 2011), Steve Forbes is in Greece with International Chamber of Commercetrying to sell Greece's national assets to Banksters and their brothers in high crimes.What’s behind the global bankers’ austerity programs: Seizure of public property forprivate feudal corporate lords, cousins of the International Banking Gangsters.
Also watch ex-IMF hitman John Perkins explain how IMF terrorizes countries withfinancial terrorism and if that doesn’t work, invasion, or assassination ensues.
This is the fate of the entire World, slavery to the Banksters’ Mafia, unless a miraclehappens, the Banksters imperialism will continue…..assassinations, invasions,occupations, colonizations, financial slavery, tortures, environmental pollution, etc.
THE MONEY SCAM
Remember, Banksters create fake debts, pretending to lend people something of value by creating money from nothing behind the scenes, i.e. legalized counterfeiting. Thus, they expropriate the nation’s wealth and productivity and then claim that THE PEOPLE are in debt to them. Thus, if a bank is truly nationalized, no compensation is due to the Banksters. In fact, the National Debt is how much the Banksters have stolen from THE PEOPLE and then lent it back to THE PEOPLE at interest.
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THE MONEY SCAMThe Dearborn Independent also started publishing the Protocols as a serial
in 1920.
"Economic crises were created by us for the Gentiles by the withdrawal of money from circulation . . . . The present issue of money does not coincide with the need per capita, and consequently it cannot satisfy all the needs of the working classes. . . . . You know that gold currency was detrimental to the governments that accepted it, for it could not satisfy the requirements for money, since we took as much gold as possible out of
circulation."— Protocol 20.
Henry Ford said that it would only require60 to 70 bankers being put into jail tostop all wars when plans were told to himfor World War II and on how various people would profit from it, while he was riding on a ship to Europe.
For more quotes, please visit http://quotes.liberty-tree.ca/quotes_about/banking
