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reSee.it AI Summary
The Illuminati, a secretive group, is believed to be part of a larger plan to control and enslave humanity. They consist of the Council of 13, descendants from ancient royal bloodlines. Bloodlines hold significance, and their religion involves satanism and satanic wiccan practices. Children play a role in their agenda, as innocence is shattered to manipulate minds. The Council of 13 claims lineage from gods, going back to ancient Egypt. Despite their opposition to Christianity, they allow its practice for public control. The Vatican's involvement is questioned, with satanic altars and Masonic symbolism found in churches. The 13 Tribes hold ancient knowledge and connections to other worlds. The USA's purpose and the lineage of its presidents, including the Clinton and Bush families, are explored. JFK and Trump differ from the establishment, while Roosevelt's actions and connections raise suspicions. The New World Order, orchestrated by the satanic 13 Tribe, aims to enslave the world. It's time to wake up, fight, and know our enemy.
@PunishDem1776 - The Punisher
Illuminati The Great Deception To Enslave You Who are illuminati? Council of 13? 13 tribes? Committee of 300? Descendants from ancient royal bloodlines? Why are bloodlines so important? What is [their] religion? What is satanism? What's a satanic wiccan?..
@PunishDem1776 - The Punisher
Role of children to [them]? Innocence? Why? How do you shatter a mind? Is the satanic tribes of council of 13 originally 12? As a mockery to the descendants of the 12 apostles? What was the last bloodline added? Related to the tribes of Israel?..
@PunishDem1776 - The Punisher
Does the 13 believe they're descendants of Gods with the right to rule over you? How far back does the lineage go? Egypt? If they have the power to alter history and christianity is [their enemy, why allow Christians to practice? Public control? Narrative?..
@PunishDem1776 - The Punisher
Think Vatican After WW2, the inspection of all damaged churches and cathedrals found 80% had what underneath? Why have satanic altars under a church? Were they using the church as a front for satanism? Think Vatican..
@PunishDem1776 - The Punisher
Why have gargoyles, Masonic Symbolism, all seeing eye in front of a church? Who hords great knowledge from ancient secrets, bloodlines and contact from other worlds? Vatican? Who has access? 13 Tribes? Who has access now? 4/10/20? Did the 13 ever give up..
@PunishDem1776 - The Punisher
Power? What is the purpose of the USA? Lineage of all 45 Presidents? Origins of Clinton/Bush families? Goal? PAPERCLIP? Why is JFK/DJT different? Why was BC CHOSEN to be POTUS? Stallen, Churchill, Roosevelt part of 13? After Pearl harbor, what ex decree..
@PunishDem1776 - The Punisher
Did Roosevelt execute and why? Why fund the enemy? Were they the enemy? What is chapter 322? GHWB connection to KGB? If both JFK/DJT come from satanic bloodlines, why not part of establishment? What man connects them?...
@PunishDem1776 - The Punisher
The new world order is not new It's a 6000 year plan to enslave the world by a satanic 13 Tribe royal bloodline. Everything you know is a lie! Know your enemy
@PunishDem1776 - The Punisher
The time is now The war is here Wake up and fight WWG1WGA
@PunishDem1776 - The Punisher
@Wendy00271 I understand, I have decades of research, so there is no 1 particular source
reSee.it AI Summary
The sinking of the Titanic in 1912 has long been a subject of intrigue and conspiracy theories. Some believe that the Titanic and its sister ship, the Olympic, were switched due to an accident involving the latter. This theory suggests that the Olympic, deemed unstable, was intentionally sunk as the Titanic to claim insurance money. The ships' owners, including JP Morgan, allegedly orchestrated the switch. Furthermore, the Federal Reserve Act of 1913, signed under the guise of Christmas, is seen by some as a surrender of American independence to European financial interests. These events, though controversial, continue to captivate and raise questions about the true nature of historical events.
@PunishDem1776 - The Punisher
The creation of the Federal Reserve Part 1 Narrative; The Titanic was luxurious British steamship that sank in the early hours of April 15th 1912 leading to the deaths of more than 1500 passengers and crew by striking an iceberg in the north Atlantic on..
@PunishDem1776 - The Punisher
Its first voyage. THAT IS A LIE! The real story... What is Marine fraud? The Titanic and the Olympic were almost identical in every way. These ships were deliberately switched due to an accident that happened to the Olympic. The story begins with in ...
@PunishDem1776 - The Punisher
Brisbane Australia, Patty Benton aka (patty the pig) stated that the Titanic DID NOT sink by an iceberg, but rather the effects from a coal fire in the chambers of Titanic. The Olympic was unstable and unusable because of the accident the year before..
@PunishDem1776 - The Punisher
but if the ships were switched and the Ins companies thought the Titanic sank, they would be willing to pay in full. When Patty (crewman) came to shore, a British gov official pulled the crew aside made them swear to secrecy under the "Secrecy act" .In 1985..
@PunishDem1776 - The Punisher
On Sep 1st at 12:00 am, an American submersible made the greatest discovery in aquatic history, the Titanic. At 2 1/2 miles deep, during the research of the hull ,the damage was exactly where Patty said it would be (the fire). The Olympic was launched..
@PunishDem1776 - The Punisher
a full year before Titanic on 1911. After leaving south Hampton 1911, the HMS HAWK had a collusion with the Olympic, it wasn't until the damage of HMS HAWKS underwater ram became clear, after the Olympic arrived for repair. To which in such investigations..
@PunishDem1776 - The Punisher
exactly duplicates the damage done to Titanic. To make matters worse, the White Star Line receives no Ins payment for the Olympic because the Royal Navy investigated and found no fault of the HAWK. The Titanics ultimate owner was JP Morgan,the most ruthless..
@PunishDem1776 - The Punisher
financiers of that time,head of the White Star Line was Bruce Ismae, an equal partner to JP Morgan. They knew they were in trouble and came up with an idea. Why not take 2 identical ships, 200 ft away from each other at the port and swap them.
@PunishDem1776 - The Punisher
The only way to complete this is to make them completely identical. In photos taken before the launch of 1912, the port hole of Titanic had a 5 port hole arrangement on the deck, that feature was missing on the Olympic at the time. In the winter of 1911...
@PunishDem1776 - The Punisher
this feature was changed by Bruce Ismae. In March the Olympic was brought into drydock in Belfest to have a propeller which was a 2 day job, yet stayed there 12 days..this is the point that the switch was made. Most ships new voyages are given 2-4 days...
@PunishDem1776 - The Punisher
of inspections, Titanic didn't get 1,inspectors thought they were looking at a "new ship" and didn't notice the fire damage to the hull because they never entered the coal chambers. So was Patty right about the crew being made aware of the switch? At that..
@PunishDem1776 - The Punisher
time, Britain was on a coal strike. On last minute Titanic financial owner, JP Morgan cancelled his trip due to "I'll health", only 2 days later after a new York times reporter ran into JP Morgan to find him overly healthy and excited...
@PunishDem1776 - The Punisher
Stanley Lord, captain of the passenger ship Californian (which also owned by JP Morgan) played a major part in the plan. The coal strike left the Californian stranded 2 days before the Titanic set sail, then "suddenly" there was enough coal. Captain Lord..
@PunishDem1776 - The Punisher
set into the mid Atlantic with no passengers or cargo on "sudden orders", except did have 3000 sweaters and blankets, exactly what you need to turn a ship into a glorified lifeboat, (Foreknowledge). The Californian sailed full speed across the Atlantic..
@PunishDem1776 - The Punisher
before "suddenly" coming to a hault on April 14th, captain Lord orders the California to immediately hault, ignoring all ice warnings. Only 4 hrs from the the actions and departure of Titanic. 1hr 25mins after collision, Titanic launched its first lifeboat..
@PunishDem1776 - The Punisher
by that morning over 1500 people were dead, more than 700 of the 900 employed on Titanic died, to the remaining crew, once returned were not greeted as portrayed in history books or movies, but rather held and question by "White Star line" and gov officials..
@PunishDem1776 - The Punisher
In an old rail way shed. Why where "mug shots" taken of the surviving crew? How many actual post cards of that time show the "actual" Titanic? Or was it the Olympic? In 1889 Morgan Robinson wrote "The wreck of the titan".. 14 years later this fictional book..
@PunishDem1776 - The Punisher
Becomes real. 4 of the wealthiest men in the world men in the world were on the Titanic, Benjamin Guggenheim, Isa Strauss Jocob Astor and JP Morgan. However JP Morgan cancelled at the last minute due to "illness", the other 3 men part of the Board, opposed..
@PunishDem1776 - The Punisher
the idea of the Federal Reserve. Just so "happened" all 3 of those men died on Titanic, coincidence? Following the Federal Reserve act of 12/23/1913 by Woodrow Wilson, was signed into law under the cloak and dagger of Christmas, using such a holiday as ...
@PunishDem1776 - The Punisher
cover knowing many wouldn't oppose the law due to being with family. Woodrow Wilson signed away our rights as an Independent Nation over to the European financial Cartel many are still unaware of. On Nov 22 1910 in New Jersey, the richest man in America..
@PunishDem1776 - The Punisher
boarded a train (shades drawn) belonging to Nelson Aldrich (Rockefeller in law) of billionaire John D Rockefeller jr. Aldrich was referred as the Gen manager of the Nation, joining him was private secretary Shelton, Frank Vanderlip, Henry P Davison..
@PunishDem1776 - The Punisher
Benjamin Strong jr, and Paul Warburg. Told to arrive 1 by 1 after sunset to attract as little attention as possible. Secrecy was key, so they all used their first names only. Their destination was an island off the coast of GA, Jeckle island. Home who ...
@PunishDem1776 - The Punisher
who included the Morgans, Rockefellers, Warburgs and Rothschilds. Under the cover of "duck hunting" they secretly drafted a "Reform" of the banking industry in secret. Bertie Charles Forbes (Forbes mag) in 1916 first reported on the issue of Jeckle island..
@PunishDem1776 - The Punisher
but a quarter century later, Frank Vanderlip wrote an article about the situation on Feb 9th 1935. So what happened? A plan for a central banking system to be owned and run by the banks, which would organize the national banks into a private cartel. The Fed..
@PunishDem1776 - The Punisher
is appeared to be a Gov entity, it's not. It's a private bank held by private shareholders, with private profit, with a charter from the king that allows them to print money out of thin air (with interest) at your expense. Continue to Part 2➡️
@PunishDem1776 - The Punisher
Further notes.. 1) Why were all red flares removed (signifying emergency) removed and replaced with white flares 2 weeks prior (Which signified for a party)? 2) Titanic sinks/tax day? Coincidence? Symbolism will be their downfall
@PunishDem1776 - The Punisher
@AAnon55 - 𝙰 𝙰𝚗𝚘𝚗
The FED is a privately owned corporation that has full control of our monetary system (money). Here are FED chairman saying it. Bonus: A Congressmen saying Taxes are voluntary. https://t.co/f3DA3zUlLC
Video Transcript AI Summary
The speaker emphasizes the importance of maintaining confidence in the voluntary tax payment system. They discuss the creation of the Federal Reserve by Congress in 1913 and its role in coining money and regulating its value. The speaker explains that the Federal Reserve is an independent agency, meaning no other government agency can overrule its actions. They state that as long as there is no interference in their decision-making process, the specific relationship between the Federal Reserve chairman and the US president is not significant. The speaker expresses concerns about legislation that would allow the Government Accountability Office (GAO) to audit and make judgments on the Federal Reserve's policy decisions, as it could undermine the independence of the Federal Reserve and destabilize the financial system and the economy.
Full Transcript
Speaker 0: We have to maintain the confidence in the system because it's a voluntary system of payment of our taxes. I
Speaker 1: Reserve was created by congress in 1913, and it was entrusted with the power branded originally to the congress by the US constitution To coin money and regulate the value thereof. What is the, proper relationship? What should be the proper relationship between the chairman Fed and a president of the United States.
Speaker 2: Well, first of all, the Federal Reserve is an independent agency, and that means basically that, There is no other agency of government which can overrule actions that we take. So long as that is in place and there is no evidence that the administration or the or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are, Don't frankly matter. What has been going on in the 21st century with the extraordinary changes in globalization?
Speaker 1: My concern about the legislation is that if the j GAO is auditing not only the operational aspects of our programs and the details of the programs, but is making judgments about our policy decisions that would effectively be a takeover of monetary policy by the Congress, a A repudiation of the independence of the Federal Reserve, which would be highly destructive to the stability of the financial system, the dollar and Our national economic situation.
reSee.it AI Summary
The Rothschild family, a prominent European banking dynasty, has exerted significant influence on the economic and political history of Europe for over 200 years. They have established branches in major cities and expanded their businesses beyond banking to include mining, energy, real estate, and winemaking. While there are theories about their control over the world's elite and central banks, it is important to note that these claims are often based on conspiracy theories. The family's wealth has fluctuated over time, and they continue to be active in various industries and philanthropic endeavors.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Mayer Amschel Rothschild 1744 Germany, the most famous of all European banking dynasties, which for some 200 years exerted great influence on the economic and political history of Europe. They are top 0.01% of the entire world, own massive sums of money & huge influence. A 🧵
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
He had five sons, Amschel Mayer (Frankfurt), Salomon Mayer (Vienna), Nathan Mayer (Frankfurt), Karl Mayer (Naples), and Jakob, or James, Mayer (Paris). Mayer and his sons became international bankers, establishing branches in London, Paris, Vienna, and Naples by the 1820s.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
In addition to banking and finance, the Rothschild businesses have encompassed mining, energy, real estate, and winemaking. From the early 19th century the family has been known for its considerable charitable activities, particularly in the arts and education.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
It is certainly true that Rothschild family funded most wars on both sides starting from Napoleon period. They established banks in Germany, London, France, Austria and Italy in the beginning and started to spread their wings on influence from there.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
The Rothschilds family was principled in many ways, no wonder they were able to control so much and pass down multiple generations.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Increasing number of people are waking up to the fact that 99% of the Earth’s population is controlled by an elite 1% – but did you know that there are theories about one family, the Rothschild, that they rule everything, even that worlds top elite 1%?
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Behind the scenes the Rothschild dynasty is unquestionably the most powerful bloodline on Earth and their estimated wealth is around $500 trillion. Here is a complete alphabetical list of all Rothschild owned and controlled banks (164 central banks) List-1 (16)
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
The FED is owned by the Rothschilds The IRS is owned by the IMF & foreigners US Presidents have been threatened and killed in the past who've opposed them.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
The worlds largest mega banks are owned & controlled by the Rothschilds - World Bank - IMF
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Please read "Confessions of an Economic Hitman" to learn more about the worlds central banks and the enormous power they exert around the world.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
This is a must read book if you want to learn about international economics and how world banks came into existence and their "Modus Operandi"
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Rothschilds since coming to prominence in the late 1800s, they have been elevated to the noble rank in the United Kingdom and the Holy Roman Empire. They have also been given their own coat of arms. The Rothschild family fortune peaked during the 19th century, during which they had the largest private fortune in the world. To this day, this record-setting private fortune has yet to be surpassed with inflation taken into account. By the 20th century, the Rothschild fortune had declined and was divided among the family's many descendants.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Today, the Rothschild family is still quite active in the business world, with significant interests in mining, financial services, real estate, agriculture, winemaking, and philanthropy. The Rothschilds have undoubtedly left their mark on the history of Europe, and their lavish palaces and estates across the continent stand testament to their incredible wealth and influence.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Mayer Rothschild made sure to keep all wealth in the family. Arranged marriages to first and second cousins ensured that the lineage never strayed to outside influences. The fact that only the Rothschilds had control of their international banking system also ensured that their true wealth was a complete secret to most common folk. That being said, Mayer's descendants began to marry outside of the family towards the end of the 19th century, and for the most part, they became intertwined with various royal families.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Rothschilds own numerous mansions across the world. Some of the most prominent ones are - Waddesdon Manor, UK 🇬🇧 - Mentmore Towers, UK 🇬🇧 - Halton house, UK 🇬🇧 - Flint house, UK 🇬🇧
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Rothschilds own numerous mansions across the world. Some of the most prominent ones continued... - Ascott House, UK 🇬🇧 - Champneys, UK 🇬🇧 - Exbury estate, UK 🇬🇧 - Gunnersbury Mansion, UK 🇬🇧
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Rothschilds own numerous mansions across the world. Some of the most prominent ones continued... - Tring park mansion, UK 🇬🇧 - Windmill Hill, UK 🇬🇧
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
List of all family estates by country: Italy, Switzerland, Germany, England, France, Netherlands, Austria, USA etc. https://family.rothschildarchive.org/estates
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
https://www.visiteuropeancastles.com/england/rothschild-country-houses-europe/
Rothschild Country Houses & Castles in Europe (That You Can Visit)
A list of the splendid Rothschild country houses in Europe that you can visit. Including a medieval castle in Holland and impressive stately homes in the UK.
visiteuropeancastles.com
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
This is the Rothschild family tree, the most powerful bloodline on earth
Video Transcript AI Summary
The Rothschild family, known for their wealth and controversy, originated in Germany with Mayer Amschel Rothschild. Mayer's sons established branches of the Rothschild Bank in different European capitals, becoming successful in finance and international trade. The London branch, led by Nathan Rothschild, played a significant role in financing the British war effort during the Napoleonic wars. The family's wealth and influence continued to grow throughout the 19th century. However, the Austrian branch faced decline due to World War I, the Great Depression, and Nazi seizure of assets. The Italian and French branches eventually faded away, while the British branch thrived. Today, the British branch, led by Jacob Rothschild, remains the most prominent.
Full Transcript
Speaker 0: Today, I'm going to show you the family tree of the Rothschild family, one of the wealthiest families in world history, as well as one of the most controversial. This video is part 1 of a 2 part collaboration with fellow YouTuber, Mr. Beat. In part 1, I'll be focusing primarily on the family tree and introducing you to some of the more well known members of the Rothschild Dynasty. In part 2, Mr.
Beat, a social studies teacher, will be delving deeper into the family's history and discussing some of the many conspiracy theories that have come to be associated with their name. So first of all, the name Rothschild comes from the German for red shield. It's a reference to the fact that the family originally used a red shield as an identifying mark on their house. Their story begins in Germany, with this individual here, Mayer Amschel Rothschild, who was was initially a dealer in rare coins and an apprentice banker. However, things really took off for him because of a Special relationship he had with a German prince, William the 9th of Hesse Kassel.
That prince appointed Maier to be his court Jew. A court Jew was actually an official position in those days. Because Christians were prohibited from Certain types of money lending, nobles would often hire a Jew to fulfill this role. So Maier ended up managing the money or one of the richest princes in Europe. And by doing so, he himself became very rich as well.
Eventually, he started managing money for other princes, and even entire governments. By this point, he had several adult sons. So what he did was he created a Roth's Childe Bank. And he sent each of his 5 sons to a different capital in Europe to run a branch there. His eldest son, Amschel, ran the original branch in Frankfurt.
And then his son, Solomon, was sent to Vienna, Nathan to London, Carl to Naples and James to Paris. The family then developed a network of agents that allowed for safe and speedy transfer of gold across the continent, as well as for ease of communication between the various branches. This made all 5 branches extremely successful. However, the London branch was perhaps the most successful of all. During the Napoleonic wars, Nathan almost single handedly financed the entire British war effort and took care of paying British troops and their allies across the continent.
There's a well known legend that the family made their millions by by taking advantage of the fact that they received word of Napoleon's defeat, one day ahead of everyone else in London. But that story is not actually true. Although they did receive word of the defeat before everyone else, they didn't actually make money off that fact. What they did make money off of is accurately predicting what would happen in European markets over the next several years, and making the right investments based on those predictions. So by the 18 twenties, the Roth Childs were the wealthiest family in Europe, and they continued to be hugely influential within the world of international finance throughout 19th century.
The 5 brothers were given the title of baron by the the emperor of Austria, which is why you often see the German von or a French de before their last name. Nathan, being based outside of the continent, was one of the few that did not use the title. So let's Look at the 3rd generation Rothschilds. Almost all of the males in the 3rd generation, married one of their female first cousins. This ensured that the dynasty's wealth stayed within the family.
So for example, Anselm, the firstborn son of Solomon, married his cousin, Charlotte, the daughter of Nathan. He's shown in yellow because he's from the Austrian branch, and she's shown in red because she's a member of the British branch. Likewise, Lionel, the firstborn son of Nathan, married his cousin, also named Charlotte, but She was, daughter of Carl from the Italian branch. So let's look at each one of these branches in turn. The eldest son never married.
So when he died, the original Frankfurt branch was taken over by 2 of the sons of Carl from the Italian branch, These 2 individuals here. The middle son took over the Italian branch. But none of these individuals had heirs. So eventually, both the Frankfurt branch and the Naples branch closed. Let's look at the Austrian branch next.
With the death of Amschel Rothschild, the Austrian branch became the senior branch, and the eldest son of Solomon became the most senior male in the family. By the time we get to the 4th generation, these people were born directly into extreme wealth. Therefore, some of them weren't necessarily interested in the hard work of running a major bank. They were more interested in collecting art, building mansions and pursuing their hobbies. This was the case for the first born son, Nathaniel.
The 2nd son, Ferdinand, actually moved to Great Britain and eventually served as a member of Parliament there. So it was the 3rd son, named Albert, who ended up taking over the Austrian branch. He married a cousin from the French branch. From there, Albert's sons took over the business in Vienna. On the chart, I've only shown 1 of these sons, but there were a few others as well.
However, the fortunes of this entire branch of the Family declined quickly in the 20th century due to 3 major events. First of all, Austria lost World War I, and therefore many of their debtors defaulted on their loans. Second, they were hit hard by the Great Depression, and in fact, were one of the 1st banks to declare bankruptcy. 3rd and most devastating of all, most of their assets were seized when the Nazis came to power. In fact, one of the brothers, Louis de Rothschild, who I've shown here, was captured by the Nazis and ransomed for $21,000,000.
That's almost 350,000,000 in today's dollars, perhaps the largest ransom ever paid. The last male member of the Austrian branch died in 1976, which is why the British branch is currently the most senior branch today. But we're gonna skip the British branch for now and quickly look at the last 2 branches first. I've already mentioned that the Italian branch eventually fizzled out. They intermarried with the British branch, though, so their legacy lives on through that connection.
That leaves the French branch. That branch is the only one other than the senior British branch that still exists today. It started with James, the youngest of the 5 original brothers. He married his niece, Betty, who was the daughter of his brother Anselm. They had 4 sons, 3 of whom have male line descendants still living today.
The 3rd son, Solomon, actually ended up in America. The idea was that he might eventually start a branch there. But Solomon died young and an American branch never did come to exist. The youngest son, Edmund, was a big supporter of the early Zionist movement. Long before the Holocaust and decades Before the British occupation of Palestine, Edmund purchased land from the Ottomans and helped fund the 1st Jewish settlement in what is today the state of Israel.
His son, James, would later bequeath The funds that went on to be used to build the Knesset building in Jerusalem, which today houses the Israeli Parliament. However, the main branch of the French family is this one here. It is currently led by David de Rothschild. In 2003, the main Rothschild company in France merged with the main Rothschild company in Britain, with David being made chairman. So in terms of the actual business side of the Rothschild empire, David, This individual here is kind of the head of the family.
He also serves as the chairman of the World Jewish Congress, an international organization based in New York that represents Jewish diplomatic interests across the globe. Okay. I've left the British branch for last because it was the most successful. Is currently the senior branch. And it's the branch that people in the English speaking world are most familiar with.
It starts with Nathan Rothschild, third son of Mayer Amschel. As I mentioned earlier, He earned a lot of money for the family's firm in the years following Napoleon's defeat. What's less known, though, is He was also involved in ending slavery in the UK, using 1,000,000 of dollars to help buy and free slaves. Nathan had 4 sons. 2 of them were engaged in politics as well as finance, and served as members of parliament.
Initially, Lionel was elected but unable to sit in Parliament because he was a Jew. However, laws were changed, and in 1958 he became the first due to actually sit in Parliament, his brother Meyer and his son Nathan joining him shortly thereafter. I'll also point out this brother here, Anthony. He was the 1st Rothschild to be granted a British hereditary title. He was made a baronet, which is slightly lower than a baron and meant that he was still a commoner.
But it was an important title, nonetheless. He did not have any sons, though, so his title passed to his nephew, Nathan. Nathan was later upgraded to the title of Baron, and thus became the first Rothschild to become a member of the British nobility, and also the 1st Jew to sit in the House of Lords. Nathan, as the senior most heir of his grandfather Nathan, was also head of the British branch, like his father was before him. He was also involved in funding Cecil Rhodes, founder of Rhodesia and the De Beers Diamond Company.
You'll notice here that Nathan married a cousin from the Italian branch of the family. He was followed by his son Walter, who was the 2nd Baron Rothschild. Like his father and grandfather, He too served as a member of parliament. He is mostly remembered for his association with the Balfour declaration, which he helped to write and which was presented to him in 1917 by the British foreign secretary, Arthur Balfour. It was the 1st official statement by the British government in support of the creation of a national homeland for the Jewish people in Palestine.
However, not all of the Rothschilds were Zionists. This cousin here, who also served as an MP, was actually against the creation of a Jewish state. And he created the League of British Jews to oppose it. But back to Walter. Walter had no legitimate children, so the next Baron Rothschild was his nephew, Victor.
Victor was a member of Mi 5 during World War 2 and was an adviser to many British prime ministers up to and including Margaret Thatcher, although at one point he was expected to be a Soviet spy. He, however, was cleared of those charges. He was followed by his son, Jacob, who is the 4th and current Baron Rothschild, currently also the most senior male member descendant of Meyer Amschel Rothschild. He has a son named Nathaniel who will one day become the 5th Baron. It is Jacob's face that is often seen in the many conspiracy theory videos about the Rothschilds.
Let me point out a few other interesting connections. Jacob has a half Sister, who is a Harvard professor and married to Nobel Prize winning economist, Amartya Sen. He also has a half brother who married into the Guinness family, yes, the family of beer and book of records fame. They had 3 children. Their son married into the Hilton family of hotel fame and is the brother-in-law of Paris Hilton.
Their daughters married the Goldsmith brothers, one of whom is currently a British MP. On the business side of things, The running of the actual company established by Nathan Rothschild, eventually came to be run by this branch of the family here. Most recently, Evelyn Rothschild, held, who also served as the personal financial advisor to Queen Elizabeth. In the 19 eighties, there was a family Feud between Jacob and Evelyn that ended in Jacob leaving the original company. Later, after Evelyn retired, the British firm eventually merged with the French branch, as I mentioned earlier and is currently being run by David de Rothschild.
If you go to their website, rothschild.com, you'll notice that there are links to 2 main Rothschild companies. Rothschild and Co is that that original company started by Nathan, now run by David de Rothschild. Edmond de Rothschild is a company run by a junior part of the French branch, and is currently run by Benjamin de Rothschild. You can see that The company name is named after his father. Interestingly, if you do a search on the Forbes' list of billionaires, he's the only member of the Rothschild family that you will find.
So that was a quick look at the Rothschild dynasty. Are they super rich? Yes. They certainly are. Do
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Quick little facts about Rothschilds - Rothschilds financed the Suez Canal - Rothschilds financed Brazil's independence
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Rothschilds made a fortune by insider trading during the Napoleanic wars. Legend says that Mayer was the first to know England won, he hurried to the London Stock Exchange and sold all his bonds. Others followed and it crashed. Later he bought back at record low prices and made a fortune.
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Jacob Rothschild describing how the Rothschilds keep power within the family — “Children don’t even think of marrying outside the family, keeping all their wealth inside” #ConsanguineMarriage #Rothschilds #Incest
Video Transcript AI Summary
Darren James, head of the Paris branch and youngest son of Royal Mailchimp, openly discussed the Rothschild family's 19th century policy of keeping their wealth within the family. He emphasized the importance of marrying within the family to ensure the fortune remained intact. Today, such a statement would be considered inappropriate.
Full Transcript
Speaker 0: And Darren James, who is head of the Paris branch and the youngest of the 5 sons of Royal Mailchimp gave an astonishingly uninhibited description of the 19th century Rothschild own policy of Kinghood and the family. I'll quote you from what he wrote and make this final. Own. In our family, we've always tried to keep love in the family. In this sense, it was more or less understood since Charles' birth that children would never think of marrying outside the elder, so that our fortune would never leave it.
You couldn't write that today.
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#ConspiracyTheory or truth. What are the odds that 4 scientists who applied for patents $470 billion worth, go down with a missing plane and the #CarlyleGroup owned by Rothschilds owns those patents now 🤔
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#Rothschilds COVID biometric tests patented 5 years in advance of the #Plandemic in 2020
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#WEF is a front organization for the #Rothschilds and #Rockefellers #Agenda2030 #GreatReset are all planned by them to be implemented across the world to further cement their dominance for generations.
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USA isn’t going to pay its debt, because the debt it has is denominated in its own currency 💴 African countries owe debt in dollars to the #WorldBank & #IMF the two most evil organizations in the world, and guess who owns those the #Rothschilds
Video Transcript AI Summary
America can print its own currency to pay off its debts, but African countries, whose debts are in US dollars, have to earn those dollars by exporting crops. The World Bank's principle is that countries should only grow export crops, not their own food. This ensures oversupply and low prices for tropical raw materials. African countries are forced to buy grain from the US or Europe, giving those countries control over them. If African countries do something the US doesn't like, they can be sanctioned and denied grain exports. Owning foreign debt in dollars means African countries have to sell what the US wants, not what they want. The speaker believes the World Bank and the International Monetary Fund are the most evil organizations in the world.
Full Transcript
Speaker 0: America is never going to pay its debts. It doesn't have to. It can its debts are in its own currency. We can simply print it. The African debt is not in its currency.
The African debt is in U. S. Dollars. Africa has to earn the U. S.
Dollars And the only way it can earn the U. S. Dollars is not to be fascinated for growing its own food and becoming independent and doing something that the United States does not like. The principle underlying The foundation of the World Bank is that no country should grow its own food. Africa and the third world should only grow export crops.
To export in order to have an oversupply of cocoa and other tropical raw materials to keep down the price, They must buy their grain from the United States or Europe, so that if they do something that we don't like, We can do what America tried to do to China in the 60s. We can sanction them. We can say we're going to starve you. We're going to not export any grain to you. So owing their foreign debt in dollars means that they have to somehow sell something that the United States wants, not what they want.
I think the most evil Organizations in the world today are the World Bank and the International Monetary Fund.
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#Rothschilds family the mega billionaires are on the verge of saving Pakistan. Pakistan will forever be indebted to the Rothschilds family. #WorldBank and #IMF loans you money and exports out your most valuable resources at bargain prices, while keeping you indebted forever.
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#Rothschilds #WorldBank #IMF Their Playbook to rule the world
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The Rothschild family name was Bauer prior to the 1800s. Neubauer is a branch of the Rothschild family tree that has been changed for the purposes of concealment. Fact or a myth — #GretaThunberg
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I wouldn’t go that far to say they own 80% of worlds wealth. #Rothschilds definitely figure in the top 0.01%.
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Globalist scumbags like #Rothschilds #Rockefellers #WEF #WHO #IMF #WorldBank #BIS #KlausSchwab #BillGates
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#NewWorldOrder #GreatReset #SocialCreditSystem #Agenda2030 #DigitalIdentity #CBDC #CBDCs #BillGates #KlausSchwab #Rothschilds #Rockefellers #ShadowGovernment
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Alan Dershowitz Admits The #Rothschilds Introduced Him To Jeffrey Epstein! He also admitted he didn’t get anything but a massage.
Video Transcript AI Summary
I was introduced to him by Rothschild, a prominent lady in law. He had connections with many influential people.
Full Transcript
Speaker 0: I was introduced to him by the lady in law, Rothschild. Wow. And I was told, yeah, and and, you know, he he knew all the most prominent, people
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THE CRIMINAL CARTEL: The Pandemic was created and orchestrated fraudulently by a Global Criminal Cartel led by Governments, #BillGates, #Fauci, Tedros, Drosten, #KlausSchwab, #Rothschilds, BlackRock, Rockefeller to control and to inject the world with Covid Vaccines.
Video Transcript AI Summary
In this video, the speaker discusses the global elite's plan for a Great Reset, which involves using the COVID-19 pandemic as an opportunity to reshape society. The speaker highlights the influence of organizations like the World Economic Forum and the Bilderberg Group, as well as the role of figures like Klaus Schwab and Bill Gates. They also discuss the manipulation of data, the use of PCR tests, the controversy surrounding Ivermectin, and the potential dangers of the mRNA vaccines. The speaker warns of a future controlled by transhumanism and calls for people to unite against the global dictatorship being imposed.
Full Transcript
Speaker 0: In July 2020, Klaus Schwab, director of the World Economic Forum, publishes the book, The Great Reset. In it, we are presented with the current nineteen crisis as a great opportunity to reset all aspects of our society. Thus, we are presented with a new world built, defined, and imposed by a very small elite.
Speaker 1: And the trick is to do it openly, to do it publicly.
Speaker 2: Code. If we start now, we can be ready For the next epidemic.
Speaker 0: It's a very pertinent question scope. Lost. How do we feel about that?
Speaker 3: We remember the the terrible damage of COVID as we try to build back from this, A global pandemic. Build back.
Speaker 2: Better. Build back better. Build back better. Build back better. Build back better.
Speaker 3: Build back better. Build back.
Speaker 0: All these personalities that you see there, saying the same thing, have a common denominator.
Speaker 1: A reset.
Speaker 0: Most belong to or have attended Bilderberg routines.
Speaker 2: It is imperative that we re measure, Rebuild, read in time, reinvigorate and rebalance. But what is Bilderberg? So the
Speaker 1: Bilderberg is like a casting event. A casting event for people to get into public positions. So before you become The prime minister of a country or chancellor of Germany or something like this, yeah, or getting into a high position. They want to know, will this person follow more or lesser nicely presented orders or not?
Speaker 0: Since 1954, the date of its foundation, Bilderberg meetings are conferences that bring together influential people from around the world. Co. Country leaders, media owners, bankers, shareholders of big pharmaceuticals, owners big tech members of royalty. As well as representatives of super national organizations such as the World Health Organization or NATO. As you can see, many also belong to the new fashion club, the world economic forum or the Davos Forum.
Speaker 4: How are the oval shapers? Where are you?
Speaker 0: Yeah. Led by the ideologue of the great reset, Klaus Schwab.
Speaker 2: But the non reporting of these is anything other than a conspiracy between the organizers and the media. It merely confirms the belief of many that The hidden agenda and purpose of the Bilderberg group is to bring about undemocratic world government.
Speaker 0: Code. The existence of a plan to abolition new world order is undeniable.
Speaker 2: A new world. About some of the wise men who helped shape the new world order.
Speaker 0: There's a need for new world order. Because those who advocated have publicly stated their intentions on numerous occasions.
Speaker 5: The relationship between COVID nineteen and the great reset is that they needed some type of method to control the public, to course them and manipulate them and and get them to fall into line. And so they use the fear tactic and that fear tactic was this illusion of the COVID nineteen. And so it's just a tool that they were using to try to create fear in people, and a lot of people bought into it.
Speaker 3: Now
Speaker 4: code. And
Speaker 0: how do you create a psycho scenario? The first and most important tool are the PCR tests.
Speaker 1: The inventor of the PCR test got the Nobel Prize, and his name was Kelly Maras. And he said this method is not to be used to detect a disease. If if if they were to if
Speaker 2: if they could Find this virus in you at all. In the PCR, if you do it well, you can find almost anything in anybody.
Speaker 5: I'm surprised that not everybody's showing a positive. So it there's actually no grounds for it. All it's doing is picking up a signature. It doesn't say whether somebody's got a infection or not. It just says whether or not somebody has that particular, sequence in their system and that doesn't mean anything.
Speaker 2: It allows you to take a very minuscule amount of anything and make it measurable and then talk about it immediately and stuff like it is important.
Speaker 0: That man you see there is Christian Drosten, the creator of the PCR that will be used as a standard model to detect SARS CoV-two throughout the world.
Speaker 1: The story of Christian Drostan is that he was before at the University of Bonn. And in these days, he deals with the swine flu and their, with the avian flu. And he was terribly wrong what he said. Here, the numbers. The
Speaker 0: actual epidemic never occurred despite Christian Droshsen's alarmist recommendations.
Speaker 1: So he was really at the bad side and made bad signs. So normally, his next appointment to be in Siberia or in the desert of Gobi in China. But the power structures put him into the best place Berlin into the top position.
Speaker 0: The university hospital, Berlin's Charite is one of the most prestigious hospitals in Europe. And it is also financed by the Bill and Melinda Gates Foundation.
Speaker 1: So I think he's a very tragic, figure and I think he's under a lot of pressure from behind, but he is a good actor.
Speaker 0: Wanting to know more about the figure of Drostern. I take a flight to Germany to meet the German lawyer, Rainer Formig, first hand. Famous for the trials calls to Deutsche Bank and Volkswagen. He knows Christian Drossin well because he is working prosecute
Speaker 4: him.
Speaker 6: We had a very hard time here in Germany holding VW responsible for the diesel Fraud they committed with their cars and holding Deutsche Bank responsible for all these fraudulent loan. The German courts were Trying to protect these companies for a long time because of their political and economic importance for this country. They seem to have believed that they're above the law. Why is that? Because they're so powerful through their lobbyists that they have co control of the government.
Now the people who are behind these large corporations are the same people who are Find this corona pandemic.
Speaker 2: I'm almost
Speaker 0: beginning of the pandemic. Rainer Fulmyk has been interviewing experts around the world to find the evidence that proves the fraud.
Speaker 6: A former investment banker have you done
Speaker 0: It's the corona committee.
Speaker 6: Well, what we're doing here in Germany and in all the other countries And this is what we're concentrating on. We're going we're filing complaints in the courts of law in order to make the courts of law, understand and determine that the PCR tests cannot tell you anything about infections because that is the lie Underneath all of this, the base is the foundation for all of this. Without the PCR test, there wouldn't be a pandemic. Code. Visible for the human eye that otherwise are invisible, but that it cannot be used for diagnostic purposes.
And that's what it says on all the inserts that go with the PCR tests not for diagnostic purposes, only for scientific purposes. So the first question you might ask yourself is how does this guy by the name of Justin, how did he come up with the idea code. That this test could be used in order to identify infections. Well, he started to work on this in, I I think on New Year's Eve and the interesting thing is at the very same time that he was working on this test, he kept telling the public, There's nothing to worry about. This is only, a mild flu.
Most people won't even notice it. So how come this Man is inventing a PCR test for something that he himself considers totally irrelevant. Entire person may be fake like many of the other protagonists in this game. We know his test is fake. There was a first emergency meeting by the WHO group of people met for an emergency meeting because they were being pushed by the pharmaceutical and tech industry, 3, to announce what is now called the public health emergency of international concern.
Speaker 2: Code.
Speaker 6: Why were they pushing for this because you need the declaration of a public health emergency of international concern in order to be able to use co Drugs or in this case, what they call vaccines that have not been approved, that have not been tested. You need an emergency in order to get emergency approval for drugs that otherwise they wouldn't get
Speaker 2: code.
Speaker 6: The first time they met on the 22nd 23rd January, they couldn't come to a conclusion because there were no cases. The 2nd time then they decided, oh, man, this So dangerous. We're gonna have to meet for a 2nd time in 2 weeks. They had another a second emergency meeting 2 weeks later.
Speaker 7: In the past 2 weeks, the number of cases of COVID nineteen outside China has increased 13 fold. We have therefore made The assessment that COVID nineteen can be characterized as a pandemic.
Speaker 6: And that's when they decided, okay, we're gonna declare this public health emergency of international concern. What had changed? That's the question. What had changed? What had happened in the mean Only one thing, the drawstring test.
Speaker 0: At this point, the quote by Noam Chomsky comes to mind. People not only don't know what's happening to them, they don't even know that they don't know.
Speaker 1: We are living in the middle of an organized prime with this COVID nineteen. And, in fact, we're living since decades In the middle of an organized crime, all surrounded, and the corruption spread all over the government and all over the national institutions like the WHO.
Speaker 6: The WHO is at the center of this because, they're the ones who are issuing all these regulations. They're the ones who recommended the to be used as a gold standard for the detection of infections in the entire world.
Speaker 7: We have a simple message for all countries. Test. Test.
Speaker 6: Test. So they're the ones that should be, co prosecuted. Everything was caused, all the measures, including the vaccinations. All of this is based on the trust and tests. All the other things in between, the mask mandates, the lockdowns, the social distancing, that was All based on the trust and test because that's the most powerful tool they use for their fear mongering to keep people in panic.
Speaker 2: Of all the harmful misinformation spread over the past couple of years, One of the most disturbing false narratives is targeted at the Nobel Prize winning human medicine, Ivermectin. What you're about to see will reveal the motive behind the smear campaign against one of the safest and most effective medicines of this era. A medicine that, According to the numerous top scientists I've interviewed this year, could have ended the pandemic before it began.
Speaker 8: So things are clearly bad, but They're being made even worse by people who have refused to take the vaccine and instead are swallowing horse paste.
Speaker 6: Horse dewormer. There's no clinical evidence that indicates that this works.
Speaker 9: It goes beyond that. We actually know that it doesn't work. Ivermectin
Speaker 3: is ineffective against COVID but could put you in a coma.
Speaker 2: It can kill you. It can kill you. Turns out I got COVID. So we immediately threw the kitchen sink at all kinds meds, monoclonal antibodies, Ivermectin. One of those drugs he mentioned, Ivermectin is something more often used to deworm horses.
We should talk about that. That bothered you. It should bother you too. They're lying at your network about people taking human drugs versus drugs recession. It a horse to worm or not a flattering thing.
I get that. It's a lie. They they shouldn't have said that.
Speaker 1: Why did
Speaker 2: they do that? I don't know. You're the medical guy over there. Ivermectin can be a very effective medication. You are more likely to die from taking Tylenol and Ivermectin yet the FDA calls this a dangerous course deworming medicine.
It was the first time in history that we ever saw a doctor who could be prosecuted for using a generic, Safe and effective drug for the application that doctor thought was appropriate. My group of 5, the core 5 of us ICU doctors, Collectively, we're some of the most highly published doctors in the history of critical care medicine. Paul Maric is the most published practicing intensivist in the world. For the first time in my entire career, I could not be a doctor. I had to stand by idly.
I had to stand by idly watching these people die.
Speaker 10: From the FDA, emergency use authorization of medical products and related authorities. For the FDA to issue an emergency use authorization, there must be no adequate approved and available alternative to the candidate product for diagnosing, preventing, or treating the disease or condition. If Ivermectin were an effective treatment, The vaccines never would have gotten emergency use authorization in the US.
Speaker 11: If a viable Therapeutic strategy existed for outpatients. Then the logic supporting universal vaccination with Largely experimental products is no longer supportive.
Speaker 2: There are numerous concrete tests in medical journals Around the world that Ivermectin does work. The earliest reports we had, one of them we had in Peru Where they got into a good mode of using multi drug treatment with an Ivermectin based approach that they were crushing their curves. And the president of Tokyo Medical Association Announced to all doctors during a summer surge that they should use Ivermectin in the treatment. Within weeks, the hospitalization rates quote. Reported out of Japan were lower than at any other time in the pandemic.
The real proof positive came when COVID nineteen really hit part in Mexico City. They finally, after lots of struggle, came with an Ivermectin based multi drug approach and literally clear out the hospitals. And then we had reports all the way through that various states in India.
Speaker 12: In India, the government has been widely promoting the use of Ivermectin. State leaders have just declared that Uttar Pradesh is now officially COVID free. A region with nearly as many people as the co Higher United States is totally COVID free.
Speaker 2: The miracle success of Uttar Pradesh, not one mention of Ivermectin being used.
Speaker 9: In the countries that it has been used, in the countries where the studies are, the results are not good. Yeah. Overwhelming. They are well over 90% success rate.
Speaker 13: In
Speaker 2: the United States, it's a horse dewormer, it's horse pace and only the illiterate, ignorant, and and or unvaccinated user.
Speaker 11: The key paradox is if you look at the mortality rate In the United States, one of the most highly funded medical care systems in the world. And what we find is the mortality in the United States is among the worst in the world.
Speaker 2: If you look at these innumerable failed policies, there's only one way to understand them. They are literally written by pharmaceutical companies. They can design trials to fail, to disprove the use of cheap medicines, and they can make things appear that they don't work.
Speaker 11: I sit as a non voting member of the active committee for drugs with NIH. I've seen the dynamics of what are going on with all those trials co which most of which have failed. Unfortunately, it's imminently possible to manipulate the outcomes of a clinical study. If you want a study to fail, that's dead easy.
Speaker 2: Now, their 4th quote unquote negative study of Ivermectin in a major medical journal and each time is the media frenzy.
Speaker 9: There was a systematic review looking at randomized controlled trials that have been done And they found that there was no benefit for Ivermectin in reducing mortality, death to COVID nineteen, no reduction in symptoms or duration of symptoms for COVID nineteen. So it does not work.
Speaker 14: People need to understand that academics have been threatened with losing their position and threatened with getting no further research grants. If they speak out against the narrative, guess why that is? 2 thirds of the world's non commercial biological research It's funded by just 3 bodies. The Wellcome Trust in the UK, the NIH And specifically, the NIAID under Tony Fauci and the Bill and
Speaker 2: Melinda Gates Foundation. There's this pattern
Speaker 11: That is consistent with a concerted effort to mislead the public by withholding information using modern technology, media, censorship. Really, let's call it what it is, thought control.
Speaker 3: He could actually control, exactly what people think. And that is the that is our job.
Speaker 2: Yeah. Whenever you have clear cut evidence that a drug works, you have an ethical obligation to immediately let the people know so that they could have access. What are you telling people is the is the optimal profile?
Speaker 6: I want A pill orally administered, single pill given for 7 to 10 days, Little drug drug interaction and low toxicity. Give me that and I'll be really happy.
Speaker 12: Ivermectin has been used safely For decades, has no known drug interactions, won a Nobel prize for its success treating humans and is on the WHO's list of the safest, most effective medicines in the entire world.
Speaker 2: And it showed an 86% effectiveness of this to prevent people from contracting COVID.
Speaker 6: Ivermectin has been used over 4000000000 times and it's used for a
Speaker 12: wide variety of treatments. Ivermectin has Has been shown to possess different anti inflammation, anti viral, and anti tumor properties.
Speaker 9: Clinical studies abroad suggest It works.
Speaker 1: All the studies show that it does help the positive effect.
Speaker 9: That is the thing about Ivermectin. It's not good. It's great.
Speaker 2: I have never seen an evidence base large with 81 controlled trials, 10 years of in vitro studies in the lab against a dozen RNA viruses Also in that Ivermectin stops replication. It literally is in my mind, the single greatest public health achievement in our history of infection control in the world. Now if we do a really great job on new vaccines, health care, reproductive health services, we could lower that by perhaps 10 or 15% now.
Speaker 0: In 2019, before the appearance of COVID nineteen, Bill Gates invests $50,000,000 in Pfizer and BioNTech. With the declaration of the pandemic by the WHO of which he is the largest donor, those $50,000,000 become a 128.
Speaker 2: Follow the money.
Speaker 6: Because scientists do that. They they do things that are interesting to them but they also follow the money.
Speaker 2: So this is urgent And it's gonna require incredible collaboration. It's gonna have to go to 7,000,000,000 people.
Speaker 0: On October 18, 2019, the Bill and Melinda Gates Foundation with other protagonists who are now involved in the pandemic, propose a fictitious exercise that revolves around a virus that emerged from pigs. The objective was to find public private partnerships to respond jointly in the face of such danger. The parallels with the current situation that we are experiencing on the planet uprightly. Just 1 month after event two zero one on November 17, 2019, the first documented case of COVID appears
Speaker 15: in China
Speaker 2: SARS COVID COVID 2 was in fact created in a lab in Wuhan, China. Fauci did fund it. There's no question. No question in my mind.
Speaker 0: Between BlackRock and Vanguard alone, they managed $16,000,000,000. They control most of the media in addition to having shares in all the pharmaceutical laboratories involved in this pandemic. This is the new world order map at the end of 2021. As you can see, it has little or nothing to do with the spread of a virus. In black, are the countries where world government is most advanced.
The greatest proof that the worldwide media has been captured. It's the little or no coverage of everything that is happening in these countries. This is France.
Speaker 2: This is Italy.
Speaker 0: This is Holland. I don't know the image you have in your head of Australia. I've never been there. But right now, this is the situation for Australians.
Speaker 2: Today is the 1st full day of the new world order.
Speaker 16: In the new world order?
Speaker 1: This is the new world
Speaker 2: order.
Speaker 0: A country of division, blackmail, coercion, and discrimination.
Speaker 4: If you want freedom, get the jab.
Speaker 0: Where freedom of movement, religion, and opinion are no longer allowed. Where protesting has become illegal. Where you even have to present papers via food and where healthy people are confined in isolation camps. Yes, you've heard right in isolation camps. And all with the excuse of protecting your health, all for your safety.
In 2015, the International Fact checking network was created. The fact check distributed throughout the world are responsible for determining which publications are reliable and which are not. This entire network of verifiers is run from the Poynter Institute in Florida. But what is Pointer? When you look at its website, its finances are quickly found.
Among which are Google, The Open Society, the foundation of the controversial Taikou and George Soros, and, of course, the Bill and Melinda Gates Foundation. We return to the old mechanism of this is all for your safety. We're very concerned about your health and that's why it's not appropriate for you to listen for Robert Malone, the creator of the mRNA technology saying what he says. We can't trust the government anymore. We can't trust the World Health Organization.
For Mike Eden, a former director who has repeatedly warned on the dangers of mass vaccination worldwide.
Speaker 14: Please, you've got to believe me in not telling the truth. And And if they're not telling the truth, that means there's something else affords. And I'm here today to tell you that there's something very, very bad happening. Dear colleagues And supporters, we declare that Pfizer, Moderna, BioNTech, Janssen and AstraZeneca and their enablers willfully withheld and omitted safety and effectiveness information from patients and physicians and should be immediately indicted for fraud. We know that shortly after administration of these products, thousands of people have died.
And although correlation isn't causation, Reasonable criteria and have been applied to examine the relationship between injections and the events and is absolutely clear cut
Speaker 0: sample of how the media treat those who do not belong to the system. The Nobel Prize winner in medicine had the audacity to affirm that COVID nineteen was the result of the laboratory experiment. Quickly, the mass media jumped on his neck declaring it fake news and a conspiracy theory. It seems to me that he was a voice with enough authority for the mainstream press to interview him. Something that didn't happen.
After several months of trying to contact him, I returned to Paris to find out firsthand what his opinion was about vaccination campaign that has tried to be established at a global level.
Speaker 2: The real problem is this is,
Speaker 17: We must acknowledge that the genetic COVID nineteen genetic injections co Cause far more harm than good and provide zero benefit relative to risk for the young and healthy. They do not reduce COVID nineteen infection, which is treatable and not terminal. Furthermore, the most recent data demonstrates That you are more likely to become infected or have disease or even death co. If you've been vaccinated compared to the unvaccinated people. This is shocking to hear, but it is what the data are showing us.
Code. The data now show that these experimental gene therapy treatments can damage your children as well as yourself. Co They can damage your heart, your brain, your reproductive tissue, and your lungs. This
Speaker 2: DNA and RNA.
Speaker 0: Yes, it's Mark Zuckerberg. In a video leaked through project Veritas, basically saying the opposite of what his social network preaches, that these vaccines modify DNA. And in addition, side effects in the medium and long term are unknown.
Speaker 3: And for the vaccines broadly, we have no co idea what's gonna happen long term now that they're in the body. Studies suggest that the vaccines and the spike protein that's produced from them never leaves the human body.
Speaker 2: Co
Speaker 4: I got vaccinated.
Speaker 2: You're saying I could get this? The delicious ride. If this is appealing to you, just Think of this when you think of vaccination. Vaccinations. Mhmm.
Fries.
Speaker 0: Codes, donuts, beers, cigarettes, marijuana.
Speaker 9: And there's a new initiative being rolled out in Washington state in an effort COVID to get more people vaccinated. It's called Joint For Jazz.
Speaker 0: Trips, cash, or even entering a $1,000,000 raffle.
Speaker 2: Also new lottery to try to persuade more Kentuckians to get the COVID nineteen vaccine.
Speaker 5: If this is to protect me and my co why am I being incentivized with money or food or lottery or trips or whatever else? Why are they incentivizing me to take this vaccine. That's what a logical person would ask.
Speaker 2: While giving people even more reasons to to get a COVID nineteen vaccine. Tonight, the temptation was something sweet.
Speaker 0: When you deal with children, it is much more serious. This is Canada. In the absence of their parents, children have been vaccinated in exchange for some ice cream.
Speaker 15: My children, my children My children, your children.
Speaker 0: Kids, when the infant mortality rate from COVID nineteen is close to 0, A child has almost the same chance of being struck dead by lightning than to die from COVID nineteen. In Israel, In addition to the classic incentives such as prizes, pizzas, Ipads, the government has gone one step further. Code. Remember that the government of has signed a contract with Pfizer. The beta variant, the gamma variant, the delta strain, the delta plus, the Californian strain, the British strain, the Indian strain, the Nigerian strain, the New York train.
The Epsilon variant and its mutations. The lambda variant, the new variant, the Italian strain, the Colombian strain, the a y four two variant, descendants of the delta variant, the iota and the kappa, the Olympic strain, the omicron variant, and now, deltron.
Speaker 7: There are always new variations And there are people who want to betray us.
Speaker 2: I'm like, no. You You know the virus keeps mutating? Yeah.
Speaker 4: Well, one of the things
Speaker 2: we're explaining is like, why don't we just mutate it hard to sell? So we could work on we could create unglobally well through vaccines. Right? Risk. If we're gonna do that if we're gonna do that though, there's a risk of like as you could imagine, no one wants to be having a pharma company
Speaker 6: mutating code. Yeah.
Speaker 2: Okay. Like, so we wanna do this. So that's, like, one of these they're considering. Okay. It's probably the future.
Like, maybe we could, like, Great. New versions of the vaccine, it's everything like that. Okay. So Pfizer ultimately is thinking about mutating COVID?
Speaker 0: Because you know the study has
Speaker 2: Like, sometimes, we would just need to chase it to pop up.
Speaker 0: Right? And we're not prepared for it.
Speaker 2: Like, with Delta or Omnicron Right. And things like that. So, Who knows? I mean, either way, it's gonna be a cash cow. COVID is probably a cash cow for us for a while going forward.
Well, yeah. I obviously like that.
Speaker 3: Whenever a government claims to have the people's interest at heart, you need to think again. Whenever a political elite pushes an agenda this hard And resort to extortion and manipulation to get their way. You can almost always be sure your Benefit is definitely not what they had at heart.
Speaker 0: When they have to threaten, persuade, pressure, encourage, lie, embarrass, humiliate, make you feel guilty. And even pay you to have a card that allows you to have a social life. Be aware, it is not for your good. And even on top of that, they paint it with green color. This is the great reset.
A global economic reset and a global digitization project that aims to merge the physical and the biological. It is the theft, the 4th industrial revolution. But come on, I'm not the one telling you. The one who came up with the tell stories telling you.
Speaker 4: What what's the 4th industrial revolution The illusion we need to is a fusion of our physical, our ritual, and All biological identities.
Speaker 0: And how is it possible to merge the physical and the biological? I think you're getting an idea in your head with vaccines. And look at things like artificial intelligence And robots look at things like, gene editing. Exactly. You know, opening a whole new horizon for medical science.
Speaker 4: And you see, the difference of this fourth, industrial revolution is it doesn't change what you are doing. It changes you if you take A genetic editing. Right. Just as an example. It's you who are changing.
And, of course, this has A big impact on your identity, you know,
Speaker 0: and offer certain kinds of possibilities that have to be careful about, You know, when you began to when you began to do that kind of gene editing, some people worry that you are changing what it means to be human.
Speaker 4: It's such a problem. I'm yeah. I I I of course. The new, industrial revolution offers us many opportunities, But it raises many fold questions on the ethical, but even legal, implications. And we have to be prepared for it and thus what we want to do in that was
Speaker 0: Praised by many as the material of the future, Graphene is a single layer of carbon atoms connected to a hexagonal pattern. It is 200 times stronger than steel, flexible, form almost transparent and highly conductive to heat and electricity. It is also extremely thin and light making it an attractive of material for nanotechnology applications. There is a multimillion dollar industry behind this material because it has the potential to take off in the fields of biomedical research as an ideal material to build medical devices that interact with cells. Even joining to the neurons of our brain enabling the man machine interface.
On November 2, 2021, doctor Pablo Campra, publishes a study where via micro raymond spectroscopy proves the existence of graphene and several of the so called COVID nineteen vaccines.
Speaker 6: This is no coincidence and this is no accident because The people who make the vaccines, the producers of the vaccines, and the people who are running the show, who are telling them to produce the vaccines, they do have a plan, of course. There's a lot of concrete evidence that what is being done is a huge, a gigantic scientific study on how it is possible to change, to alter the human DNA so that as Moderna put it, we can be programmed like computers. It's all about control.
Speaker 18: So I want to talk to you today about the future of our species and really the future of life. We are probably one of the last generations of Homo sapiens. Within a century or two, will be dominated by entities that are more different from us than we are different from Neanderthals or from chimpanzees. Because in the coming generations, we will learn how to engineer bodies and brains and minds. This will be the main product of the economy, of the 21st century economy, not textiles and vehicles and weapons, But bodies, and brains, and minds.
Now how exactly will the future masters of the planet look like. This will be decided by the people who own the data. Those who control the data control the future not just of humanity but the future of life itself Because today data is the most important asset in the world. Now why is data so important? It's important because we have reached the point when we can hack not just computers, We can hack human beings and other organisms.
There is a lot of talk these days about hacking computers, and email accounts and bank accounts and mobile phones, but actually, we are gaining the ability to hack human beings.
Speaker 15: Absolutely brilliant. And so what this is saying is that the mRNA injection is a cover story For an artificial intelligence frequency based gene modification system that is co Self learning and that can decide how to edit that human. Did you just say that, Karen?
Speaker 9: Yeah. Thank you for understanding me.
Speaker 0: When I embarked on this project I never imagined that I would get this far. Now it is much easier to understand why a man who makes computers presents himself to us as the one who knows the most about pandemics. Bill Gates predicts nothing. He knows what is going to happen.
Speaker 2: If anything kills over 10,000,000 people In the next few decades, it's most likely to be a highly infectious virus rather than a war. First, we've got population. The world today has 6,800,000,000 people. That's headed up to about 9,000,000,000. Now, if we do a really great job on New vaccines, health care, reproductive health services.
We could lower that by perhaps 10 or 15%. Co So the Gates Foundation along with a great number of partners are looking at these different efforts. We've never created co A new vaccine in less than 5 years. So this is urgent and it's gonna require incredible collaboration. It's gonna have to go to 7,000,000,000 people.
Speaker 4: Then wake up.
Speaker 0: Behind him, there are series of bankers and technocrats who carry the world agenda. Who in addition to knowing what is going to happen, have fun shoving it in our face before things happen. This is The Economist magazine owned by the Rothschild and Agnelli banking family. The cover is from 2019, many months before the declaration of the pandemic. In it, tattoos with the DNA symbol can be seen, a mobile phone with a QR code, facial recognition symbols, stalks with children March with a barcode one of the 4 horsemen of the apocalypse is masked and finally the image of a pangolin.
These elite have devised how they want the human being of the 21st century to be and they believe they have the power to carry out their plans without asking us. It is transhumanism by force.
Speaker 9: We think of the Internet of bodies as this collection
Speaker 18: Multiplied by data equals the ability to hack humans.
Speaker 1: The human race is at a critical point.
Speaker 0: To get here, they had to buy the media, scientific publications, pharmaceutical laboratories, supranational organizations. With money, they have bought the will of politicians, associations, scientists, organizations. An injection that doesn't immunize has been called a vaccine.
Speaker 4: The 2 doses of the vaccine offer very limited
Speaker 0: an injection that in addition to modifying the DNA has other purposes far removed from what we have been told. A technology that in order for it to work, introduced as toxins into the body. Therefore, in the year of the so called vaccine, there are more deaths than in 2020.
Speaker 13: We the the death rates from this vaccine are there's been more deaths in 8 months. Co And in all the billions of vaccines combined over the last 30 years from this one vaccine, 17,000 recorded deaths in United States, And we know the death rate much much higher than that. Probably 40 times. The best math, the best, You know, the studies are showing that it's 40 times that.
Speaker 0: These elites have declared war on the people, and they try to divide us through lies. Code. They know that if people unite and rebel, it will be their checkmate. That is why they have to deceive us. I have bad news for you and it's that we have been deceived.
The good news is that what they are calling COVID is the consequence of putting this technology into people's bodies. The body tries to expel it, that's why they want to force you to inject yourself every 3 months.
Speaker 16: So boosters are recommended at the latest 6th month after full vaccination, and the certificate will remain valid for grace period of 3 months beyond this.
Speaker 18: European citizens money have been given by Ursula von der Leyen
Speaker 14: What democracy? I'm sure that it's purely coincidental that Ursula von der Leyen, in her declaration of interests, states that our husband, Paike Bonsalai, is part of pharmaceutical biotechnology.
Speaker 0: The wet dream of this elite is a hyper controlled society through these inoculations. In order to impose this idea of society, they eliminate the videos of the adverse effects of vaccines on social networks.
Speaker 15: Apparently, TikTok thinks That me posting, like, my skin problems is a violation of their guidelines for some reason.
Speaker 0: Any doctor who dares denounce what he has seen with his own eyes is expelled from his job. This is happening in the eyes of the whole world since the so called vaccine appeared. How long are we going to keep looking the other way? How long are you willing to put up with the psychological war to which they have subjected us?
Speaker 5: Just for a second And stop talking about science and think about the common sense aspect. You walk into a restaurant, you gotta wear a mask, you gotta be gotta protect yourself, then you sit down and now you can take it
Speaker 2: off and you can eat.
Speaker 0: Through this health dictatorship, they have launched the great reset. Process by which they want to implement end of the 2030
Speaker 4: agenda.
Speaker 0: Precisely in the moment when Canada's truck drivers were showing the world the way to end this planetary dictatorship on a planetary level, for mass media change the narrative, and they offer you a world war breakfast, lunch, and dinner. Meanwhile and without it transcending to the public opinion, the countries attached to the WHO meet to sign the international treaty for the next pandemic, which will definitely give way to a compulsory world's vaccination donation passport. We are very few phases away from a global dictatorship on a planetary level. Where the word freedom may remain only in a beautiful
Speaker 6: The one good thing about corona is that this is all coming out now. People are beginning to ask questions because they're asking, well, if What the mainstream media tell us is their narrative, which is identical with politicians narratives who are both owned by the people who are running this show As we now know.
Speaker 0: But they have made mistakes and their plan has cracked. More and more people are aware of this. That's why it won't work. This that you have just watched is not a movie, not even a documentary. It's a warning message to humanity.
I have tried to tell you in a little more than 2 hours what they've been trying to hide from you for years. For you to be able to watch this, I had to dedicate a year and a half of my life to this project. The website has suffered more than 1400 cyber attacks. I've had to set up 3 crowd fundings and learn how to cheat the Facebook algorithm. You may be wondering why I have done it, why I have sacrificed myself in this way.
The answer is very simple, because I want to remain free. But I need you. They have made you believe that you should not be different, that you should not make decisions for yourself without asking permission, that you have no right to say what you think, that you have no value. They have made you believe that you cannot defend yourself, that you can't change things, that you are a number, a consumer. But it's not true.
If you are capable of loving and defending what you consider fair, then just one of your fingers has more value than the heads of all the rulers gather. Have no doubt, you are living the most important moments of your life. Because you're going to be the protagonists of the most important moments in the history of humanity. We will not cooperate with our own slavery. Freedom is not negotiable.
But to get out of this, there is only one way. We'll have to fly like the birds do in the sky. And how the schools of fish swim in the sea. Only then will we achieve it. They say it's always good to end with a quote.
I like this one from Mahatma Gandhi. Even if you are a minority of 1, the truth is still the truth.
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Central Banks fund most wars. Who owns and runs those central banks 🤷♂️
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#Rothschilds and the wealthy elite is the management… sounds about right
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They want control, you want safety, peace and security… it’s a win-win 🤷♂️
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#Rothschilds control #WEF agenda #Rothschilds control #WHO agenda If you let them win, you’re the loser
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Glenn Beck breaks down the creation of the #FederalReserve created by the likes of #Rothschilds, #Rockefellers, #JPMorgan, #Warburgs etc. These are the men that represented 1/4th of the wealth of the entire world. They all come together on Jekyll Island to draft the Federal Reserve bill.
Video Transcript AI Summary
The Federal Reserve Act was drafted in secrecy on Jekyll Island in 1910 by influential figures like Senator Nelson Aldrich, who had ties to JPMorgan and the Rockefellers. Other participants included representatives of the Rothschilds and the Morgans. These men, who controlled a significant portion of the world's wealth, formed a banking cartel to avoid competition and partnered with the government. They aimed to limit competition from newer banks, create money for lending, control bank reserves, shift losses to taxpayers, and convince Congress that their actions were for public protection.
Full Transcript
Speaker 0: The Federal Reserve Act wasn't drafted in Congress. It was drafted on a private island off the coast of Georgia in 1910. Here is the island, Jekyll Island, and it was, drafted under great secrecy. Jekyll Island was the retreat for billionaires like William Rockefeller and JPMorgan. And in 1910, senator Nelson Aldrich, The Republican whip in the Senate and the chair of the National Monetary Commission sent his private railroad car to the New Jersey Railroad Station where he and 5 other men were instructed to come 1 at a time and everybody pretend they just didn't know each other.
Aldrich, who is the guy, remember, he wrote the original bill? He was, a business associate of JPMorgan. Oh, and the father-in-law to John D. Rockefeller Junior. So there's no special interest happening there.
There was also Abraham Piat Andrew, assistant secretary of the treasury, and Frank Vanderlip, representing William Rockefeller, Henry Davidson and Benjamin Strong with JPMorgan and Paul Warburg. He is a partner. He was a partner at, at Coon, Loeb, and Company. He was representing the Rothschild banking family. Oh, he's going to talk about the Rothschilds now.
He actually is an interesting character. If you ever saw Little Orphan Annie, Daddy Warbucks was named after Warburg. These are the men that represented 1 fourth of the entire wealth of the world. You think we got a problem with, wealth now? Those guys, 1 quarter of all of the money in the world.
The Morgans, the Rockefellers, Warburgs, Rothschilds, all in 1 room. Yeah. But when do they start sacrificing chickens? Nope. Doesn't happen.
That, I'll tell you. These guys were all competitors according to, G Edward Griffin, who we'll talk to in a minute. They all had come together to form a banking cartel so they didn't have to compete against each other. He says it was like an oil cartel or a sugar cartel, but this cartel actually went into partnership with the government. I mean, how great is that?
It's kinda like the drug cartels in Mexico. Wait, I didn't say that out loud, did I? So for more than a week, these men sat around there, and they sat around this big table and they hammered out all the details of what became the Federal Reserve System with 5 objectives. How many of these do you agree with? 1, to stop the, growing competition from the nation's newer banks.
That doesn't sound good. 2, to obtain a franchise to create money out of nothing for the purpose of lending. That one really doesn't sound good either. 3, to get control of the reserves of all of the banks so the reckless ones wouldn't be exposed to Currency drains or bank runs. Oh, that's the charity part.
Golly, gee, beef. Thank you so much. Then to shift the losses from the bank owners to the taxpayers. It just gets better and better for you and me. Is that it?
No. Again, the answer is no. And then finally, to convince Congress that the purpose was to protect the public.
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Here’s the five original objectives of the #FederalReserve and not a single one of them is helping the people.
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This U.S. Marine more than 6 years ago exposes the Economic Slavery driven by the #Rothschilds and wealthy trillionaires. We are all waging wars to pay off the debts… to who… the #Rothschilds
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Is it a crazy #ConspiracyTheory to think that with #RussianUkrainianWar they’re planning to create a #Rothschilds state in Ukraine 🇺🇦
Video Transcript AI Summary
Zelensky is highly active despite being in the midst of a war. It's difficult to obtain accurate information about the conflict in places like Crimea and the Donbas due to rampant propaganda. Zelensky is seen everywhere, attending events and even the Oscars. He presents Ukraine as an opportunity for companies, technologies, and investments. However, there are speculations that this is part of a plan to establish a technocratic state in Ukraine, similar to how World War 2 led to the creation of Israel. The Ukraine is believed to be the ancestral home of many Jews, and they aim to digitize everything, including implementing digital IDs. The outcome remains to be seen.
Full Transcript
Speaker 0: Man, Zelensky, he's, like, everywhere. He's always in his green screen studios, or he's meeting with people. Like, you'd think he'd be busy with this giant war that he's in, which, by the way, I gotta say, it's incredible how hard it is to get information about what's actually going on there. Like, I would have thought in this day and age of the Internet that it'd be super easy to get, like, really good information on what's happening on the ground in places like Crimea and the Donbas and Ukraine and Russia and all that kind of stuff. But it's actually super, super hard.
And almost everything you get is all propaganda, especially in the west, of course. So it's been kind of interesting, but, you know, like I said, Zelensky, he he's just you know, this war seems pretty easy for him. He's he's, like, everywhere. He's at the Oscars. He's at, like, Every event, he's on all kinds of like, everywhere.
He's basically everywhere.
Speaker 1: It's an experiment, a digital revolution and the modernization of the current system all at the same time. Ukraine is a chance for you, For your companies, your technologies, knowledge, expertise and investments, all of these can show their value and do it in Ukraine.
Speaker 0: Yeah. So he kind of wants to you could tell this is like a Rothschild slash Satan Klaus thing. And I actually wrote about this in our February dispatch of the Della Vigilante, that much like how they used World War 2 to set up the Rothschild state Israel. It looks like they're using this one, World War 3, to set up another Rothschild type state in the Ukraine, which is kind of interesting because a lot of people speculate that's really where a lot of these Jews are from, is from Kyzarya, which is actually right where the Ukraine basically is. So they're kinda going back to their roots here, but they wanna turn it into, like, a total Technocratic, everything digitized, digital IDs, all the stuff that they wanna do in the Ukraine.
So it's gonna be kind of interesting to see how it all plays out.
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As per Nathaniel Rothschild, heir to the Rothschild family fortune… “Without Ukraine, the global world order may not survive.”
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The British Royal family has very close ties with the #Rothschilds of course
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Is this a #ConspiracyTheory or the truth… #Rothschilds were involved in sinking of the Titanic… sounds too much like a conspiracy theory
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The #Rockefellers along with the #Rothschilds created the Federal Reserve Banks, funded movements like women’s liberation, the endless war on terror, and their ultimate goal is to get everyone microchipped and be a working slave. They own the banks, the media, the money, the Pharma and the power.
Video Transcript AI Summary
The speaker claims that a small group of wealthy individuals own and control everything, including land, corporations, government, and media. They argue that politicians are irrelevant and are only there to give the illusion of choice. The Federal Reserve is described as independent and not subject to oversight. The speaker criticizes the distribution of money to banks without transparency. They believe that the powerful do not want well-informed individuals capable of critical thinking, but rather obedient workers. The lack of questioning and complacency is attributed to people's prosperity and reliance on technology.
Full Transcript
Speaker 0: You have owners. They own you. They own everything. They own all the important land. They own and control the corporations.
They've long since bought and paid for the Senate, the Congress, the state houses, the city halls. They got the judges in their back pockets, and they own all the big media media news, all the big media companies, so they control just about all of the news and information you get to hear. They got you by the balls.
Speaker 1: The Federal Reserve is an independent agency. And that means, basically, that, there is no to other agency of government which can overrule actions that we take. So long as that is in place And there is no evidence that the administration or the congress or anybody else is requesting that we so do things other than what we think is an appropriate thing, then what the relationships are, don't frankly matter.
Speaker 0: Know what stayed on. They want more for themselves and less for everybody else.
Speaker 2: And who got the money? Hundreds and hundreds of banks. Any bank or that has, access to the US, Federal to Tell us who they are. No. Because the reason that is counterproductive and will destroy the value to the program.
Speaker 0: Bullshit. Forget the politicians. They're they're they're irrelevant. The politicians are put there to give you the idea that you have freedom of choice. You don't.
Just a 1 finger victory salute.
Speaker 2: I don't know how to work any harder than we're already working.
Speaker 0: Bullshit.
Speaker 2: And I I take your feedback very seriously.
Speaker 0: Bullshit.
Speaker 2: That's why we're working as hard as we are, and we're just gonna keep doing And trying to accomplish and meet your expectations.
Speaker 0: Bullshit. Where would we be without our safe, familiar American bullshit?
Speaker 2: Yeah. I don't think anyone Questions, mister Kashkari, that you're working hard.
Speaker 0: Bullshit.
Speaker 2: Our question Is who you're working for?
Speaker 0: They don't want well informed, well educated people capable of critical thinking. They're not interested in that. They don't want people who are smart enough to sit around the kitchen table to figure out how badly they're getting fucked by a system that threw them overboard 30 fucking years ago. They don't want that. It's it's
Speaker 3: past the point of talking. We know historically, the sort of agenda to these issues is very hard to try and with all of us intentions, it's very hard to actually activate. We're seeing that right now. We're seeing a lot of fragmentation going on, a lot of different agendas pulling in different directions.
Speaker 0: They want obedient workers, obedient workers.
Speaker 3: What we really need to see is people on the ground starting to actually act upon the low hanging fruit.
Speaker 0: People who are just smart enough to run the machines and do the paperwork and just dumb enough to passively accept all these increasingly shittier jobs. With the lower pay, the longer hours, the reduced benefits, the end of overtime, and the vanishing pension that disappears the minute you go collected, and now they want your fucking retirement money. They want it back so they can give it to their criminal friends on Wall Street. Nobody questions things in this country anymore. Nobody questions things.
Why? People are too sat and happy. People are way too fucking prosperous for their own good. Everyone's got a cell phone that'll make pancakes and rub their balls now, you know. So nobody wants nobody wants to rock the boat.
And people people just silenced bought off and silenced by gizmos and toys. And as a result, no one's ever learned to question things. No one's
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#Rothschilds family for educational purposes only.
Video Transcript AI Summary
The House of Rothschild financed the American Civil War, profiting from both sides. They also funded wars and crises throughout history, taking advantage of the resulting debts to install central banks. In 1913, the privately owned Federal Reserve was established, benefiting the wealthy rather than the American people. The Rothschilds continued to finance both sides of World War I, leading to the collapse of several empires. Their actions bring us closer to a one world government.
Full Transcript
Speaker 0: The American Civil War was financed by the House of Rothschild. They backed both sides. And throughout this video, you'll notice this trend. The funding of both sides stirs and finances the hatred for both sides. And since wars profit, especially when bankers are the ones who profit from the loans the government takes out.
At one point, Abraham Lincoln they needed more money. And the rates he was offered by the New York bankers were too high. Thus, he began printing government money. Take note that this money, unlike the money issued by the Federal Reserve today, collected no interest. Thus, Lincoln managed to work around the Rothschilds.
But less than 2 months before the end of the American civil war, president Lincoln was assassinated. You might notice another trend, the trend of dying figureheads anytime they go against the money trust or the main belief that the majority of the world's financial wealth and political power could be controlled by a powerful few. Now that we've laid out their basic strategy which is to cause wars or help them out, give them a little nudge through some provocation resulting in maybe a crisis or two, loans are dished out at exorbitant interest rates on both sides of the wars, then when both of those governments can't repay those debts, the Rothschild bank calls in the loans and takes possession, installing a central bank. In 1913, the same year the Rothschild funded anti defamation leak was founded, the Federal Reserve, the Central Bank of the United States, was conceived. It is neither Federal or owned by the government.
The Federal Reserve is privately owned, which means it generates private wealth. Guess who benefits? Not the American people. 1 year after the creation of the Federal Reserve, World War I began, pitting the allied and central powers against each other. Guess who was funding both sides again?
You guessed it. And the result was the fall of the German, Russian, Ottoman, and Austria Hungarian empires. But who cares if there's money to be made off both of the winning and losing sides? After all, it brings us closer to a one world government.
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@KariLake met Mel Gibson who’s making a movie on #Rothschilds
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#Rothschilds trying to take out #VladimirPutin of Russia through the western allies funding Ukraine 🇺🇦 Sounds like a #ConspiracyTheory but worth checking it out
Video Transcript AI Summary
The speaker discusses the connection between Karl Marx and the current situation in Ukraine. They trace Karl Marx's lineage back to the Schwab bloodline, which is related to the Rothschild family. The speaker suggests watching a video by Bishop Larry Gaters for more information on the conspiracy involving Russia, Ukraine, the CIA, and the Rothschilds' plan to remove Vladimir Putin.
Full Transcript
Speaker 0: If you're wondering what's going on with Ukraine right now, follow along with me for a minute. Karl Marx created the foundation of what is happening in Ukraine today. His real name was Carl Heinrich Mordechai Marx. Father of Karl Marx was Herschel Mordecai, who was the son of rabbi Mordecai Marx Levi, who was the son of Samuel Ben Mordecai Levi, who was the son of Laius Ben Mordecai, who in the 1400, Laius Mordecai changed his name from Mordecai to Schwab. So the Schwab bloodline today is the bloodline of Karl Marx.
But wait, there's more. Laius It's been Mordechai Schwab was the son of Samuel Leopold Schwab the second, who had changed his name from Guntberger to Schwab in the 1500, and he was the son of Samuel Guntberger who changed his name from Bauer to Guntberger. And the Bauer bloodline was originally named the baccarocks during the time of Christ. The baccarat's in 15/01 changed their name to Bauer. And then 76 years later, In 15/77, they changed their name to Rothschild.
So they're all related. Guys have to go check out this video of bishop Larry Gaters talking about Russia, Ukraine, the CIA, and the Rothschild conspiracy to to take out Vladimir Putin. It is absolutely just
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If voting really mattered, they’d make it illegal for you to vote. Most of the world is run by handpicked institutions with incredible wealth and power behind the scenes, it’s almost surreal.
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France 🇫🇷: One of France's top trade union officials says they will take whatever food they need from stores whenever they need it. He then goes on to say the #Rothschilds are in control of France, Macron their puppet
Video Transcript AI Summary
Speaker 0 expresses their opinion about eating at Carrefour and accuses the government of being influenced by the Rothschild bank. They believe that Emmanuel Macron, who used to work for Rothschild, is serving their interests. The speaker questions the government's motives and suggests that everyone already knows the truth.
Full Transcript
Speaker 0: Je vous le dis s'il faut qu'on aille manger chez Carrefour, on ira manger chez Carrefour, on ne va pas se priver. Ils se gavent sur notre code, ils sont gavés d'argent public, vous croyez qu'on va se gêner Non mais attendez, s'il faut faire à manger les petits, aller maintenant manger dans les magasins, on le fera. Que ce gouvernement retire cette réforme. Je vais vous poser une question Je vous en prie. Qui de la banque Rothschild travaille aujourd'hui pour Emmanuel Macron c'est Emmanuel c'est Emmanuel Macron qui travaille pour la balle de Rothschild il est aujourd'hui Emmanuel Macron est un pur produit de la finance vous allez pas me faire croire que c'est l'ancien socialiste repenti et qui s'est converti à l'économie libérale arrive de là et il continue à les servir tout le monde le sait très bien à quoi ça sert de le cacher Non tout le monde le sait très bien c'est pas un argument ça c'est un procès d'intention c'est un procès d'intention
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Jacob Rothschild admitting COVID was a distraction all along. #Rothschilds
Video Transcript AI Summary
In the past few years, climate change has become a major concern for children aged 6 and above. The world's attention is now focused on the various problems caused by climate change, such as floods, storms, and coastal damage. However, the current COVID-19 pandemic has somewhat overshadowed the importance of addressing climate change. While acknowledging the devastating impact of the pandemic, it is crucial that we also consider the long-term implications for our planet. The pandemic is not just a distraction, but a tragedy with far-reaching consequences.
Full Transcript
Speaker 0: I mean, I think the phenomenal change that's come about in the last 2, 3 years is there probably isn't a child over the age of 6 that isn't deeply concerned about climate change. I mean there were reports in the past, but now the focus of the world are on those problems whether it's blouts, whether it's storms, whether it's the seaside being ruined, just undermining life.
Speaker 1: Everything. And and in a way, Corona has slightly, I'm afraid, eclipsed the importance of this conversation. No one's saying Corona isn't incredibly devastating, but actually we do need to think long term about the planet.
Speaker 0: Yep, and it's a distraction about more than a distraction. It's a tragedy, but so it does have that knock on effect.
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#Rothschilds have made money funding both sides of most wars since the age of Napoleon. Leaders are just puppets, puppet-masters are really the ones running the show.
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The NATO proxy war with Russia is to stop the eastern dominant coalition from expediting the demise of the #Rothschilds banking system. BRICS+ asset backed currency system will spell doom to the #Rothschilds paper currencies that dominated for 100s of years.
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#GeorgeSoros admits to helping Nazis during the Holocaust (1998): Steve Kroft: “Was it difficult?” Soros: “Not at all. Not at all.” Kroft: “No feeling of guilt?” Soros: “No.” Not sure if that was intentional or not but it sounds scarily bad
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I went out with my protector who claimed to be my adopted godson and helped confiscate property from Jews. It may sound like a traumatic experience, but it didn't bother me at all, even as a child. I didn't feel any guilt.
Full Transcript
Speaker 0: My understanding is that you went out with this protector of yours, who swore that you were his adopted guy son.
Speaker 1: Yes.
Speaker 0: Went out in fact and helped in the confiscation of property from the Jews.
Speaker 1: That's right. Yes.
Speaker 0: I mean that sounds like an Experience that would send lots of people to the psychiatric couch for many, many years. Was it difficult?
Speaker 1: Not at all. Not at all. Maybe as a child, you don't see the connection. But it was it created no problem at all.
Speaker 0: No feeling of guilt.
Speaker 1: No.
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The #Rothschilds owned Economist magazine in 2019 warned about the coming pandemic, the vaccines, the masks, the digital identity etc. If only you’ve paid enough attention 🤷♂️
Video Transcript AI Summary
The Economist Magazine cover from 2019, owned by the Rothschild and Agnelli banking family, hinted at future events like the pandemic. It depicted tattoos with DNA symbols, a mobile phone with a QR code, facial recognition symbols, and children marked with barcodes. The elites behind this agenda aim to shape the human race through transhumanism, without consulting us. The internet and data collection enable them to manipulate humans. They have acquired control over media, scientific publications, pharmaceutical labs, and organizations through money and influence.
Full Transcript
Speaker 0: Bankers and technocrats who carry the world's agenda. Who, in addition to knowing what is going to happen, have fun shoving it in our face before things happen. This is The Economist Magazine owned by the Rothschild and Agnelli banking family. The cover is from 2019 many months before the declaration of the pandemic. In it, tattoos with a DNA symbol can be seen, a mobile phone with a QR code, facial recognition symbols, stalks with children marked with a bar code.
One of the 4 horsemen of the apocalypse is masked. And finally, the image of a pangolin. These elites have devised how they want the human being of the 21st century to be, and they believe they have the power to carry out their plans without asking us. It is transhumanism by force.
Speaker 1: We think of the Internet this collection of all these devices as well as all the data that the devices are gathering about you.
Speaker 0: Knowledge multiplied by computing power multiplied by data equals the ability to hack humans. The human race is at a critical point. To get here, they had to buy the media, scientific publications, pharmaceutical laboratories, supranational organizations. With money, they have bought the will of politicians, associations, scientists, organizations.
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The #Rothschilds #WEF and the unelected worlds globalist organizations have the following great things planned for us… #CBDCs #GreatReset #Agenda2030 #BrainImplants #FoodRations #TravelRations #EnergyRations #PropertyRations #NewWorldOrder #VaccineMandates #GenderAffirmation #SocialCreditSystem #IndividualCarbonTracker #FourthIndustrialRevolution I GUESS WE MUST BE VERY LUCKY TO BE ALIVE… RIGHT… 👍
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The rise of the #Rothschilds After the death of JP Morgan, it was revealed that most of his business belongs to Rothschild. JP Morgan had just 19% of the business ownership.
Video Transcript AI Summary
The video discusses the involvement of the Bank of England in monetary policy and the Rothschild family's role in European finance. It highlights how the Rothschilds became wealthy by loaning money to governments and kings. They dominated European banking and financed various industries, including railroads and steel. The Bank of England's control over the British pound led to instability. The video also mentions how the American colonies issued their own paper money, called colonial script, which helped stimulate trade and industry. However, the Bank of England felt threatened by this and passed the Currency Act of 1764 to prohibit the colonies from issuing their own money.
Full Transcript
Speaker 0: Is an involvement in the formulation of monetary policy with a specific objective of achieving monetary stability. However, since the Bank of England took control, the British pound has rarely been stable. Now let's take a look at the role of the Rothschild family, the family said to be the wealthiest in the world. This is Frankfurt, Germany. 50 years after the Bank of England opened its doors, a goldsmith named Amschel Moses Bauer Opened a coin shop, a counting house, in 17/43.
And over the door, he placed a sign depicting a Roman eagle On a Red Shield. The shop became known as the Red Shield firm or in German, Rothschild. When his son, Amschel Meyer Bauer, inherited the business, he decided to change his name to Rothchild. Amschel soon learned that loaning money to governments and kings was more profitable than loaning to private individuals. Not only were the loans bigger, but they were secured by the nation's taxes.
Mayor Rothchild had 5 sons. He trained them all in the skills of money creation, then sent them out to the major capitals of Europe to open branch offices of the family banking business. His first son, Amso Mayer, stayed in Frankfurt to mine the hometown bank. His 2nd son, Solomon, was sent to Vienna. His 3rd son, Nathan, was clearly the most clever.
He was sent to London at age 21 in 17/98, A 100 years after the founding of the Bank of England, his 4th son, Carl, went to Naples, and his 5th son Jacob went to Paris. In 17/85, Mayor Amschel moved his entire family to this larger house, a 5 story dwelling he shared with the Schiff family. This house was known as the green shield. The Rothschilds and the Schiffs would play a central role in the rest of European financial history and in that of the United States. The Rothschilds broke into dealings with European royalty here at Williams Hall, the Palace of the wealthiest man in Germany.
In fact, the wealthiest monarch in all Europe, Prince William of Hesse Kassel. At first, the Rothchilds were only helping William speculate in precious coins. But when Napoleon chased prince William into exile, He sent £550,000, a gigantic sum at that time, to Nathan Rothschild in London with instructions for him to buy Consoles, British government bonds, also called government stock, but Rothchild used the money for his own purposes. With Napoleon on the loose, the opportunities of wartime investments were nearly limitless. William returned here sometime prior to the Battle of Waterloo in 18/15.
He summoned Rothschild and demanded his money back. The Rothschilds returned William's money with the interest the British consuls would have paid him had the investment Actually been made, but the Rothschilds kept all the past profits they had made using William's money. Nathan Rothschild later bragged that in the 17 years he'd been in England, he'd increased his original £20,000 stake given to him by his father by 25 100 times. By cooperating within the family, the Rothschilds soon grew unbelievably wealthy. By the mid 1800, they dominated all European banking And we're certainly the wealthiest family in the world.
They financed Cecil Rhodes, making it possible for him to establish A monopoly over the diamond and gold fields of South Africa. In America, they financed the harrowmans in railroads, The Vanderbilts and railroads and the press and Carnegie in the steel industry among many others. In fact, during World War one, JPMorgan was thought to be the richest man in America. But after his death, It was discovered that he was actually only a lieutenant of the Rothschilds. Once Morgan's will was made public, It was discovered that he owned only 19% of JPMorgan companies.
By 18/50, James Rothschild, the heir of the French branch of the family, was said to be worth 600,000,000 French francs, 150,000,000 more than all the other bankers in France put together. He built this mansion called Ferrier Just east of Paris. Wilhelm the first, on scene, had exclaimed, kings couldn't afford this. It could only belong to a Rothchild. Another 19th century French commentator put it this way.
There is but 1 power in Europe and that is Rothschild. There is no evidence that their predominant standing in European or world finance has changed. Now let's take a look at the results the Bank of England had produced on the British economy and how that later was the root cause of the American Revolution. By the mid 1700, the British Empire was nearing its height of power around the world. But Britain had fought 4 costly wars in Europe since the creation of their privately owned central bank, the Bank of England.
The cost had been high. To finance these wars, the British parliament here had borrowed heavily from the bank. By the mid 1700, the government's debt here in Britain was a £140,000,000, a staggering sum for those days. Consequently, the British government embarked on a program of trying to raise revenues from their American colonies in order to make They're interest payments to the bank. But in America, it was a different story.
The scourge of a privately owned central bank had not yet Yet. This is Independence Hall in Philadelphia, where the Declaration of Independence and Constitution were signed. In the mid 1700, Pre revolutionary America was still relatively poor. There was a severe shortage of precious metal coins to trade for goods. So the early colonists were forced to experiment with printing their own homegrown paper money.
Some of these experiments were successful. Franklin was a big supporter of the colonies printing their own paper money. In 17/57, Franklin was sent to London. He ended up staying for the next 18 years here nearly until the start of the American Revolution. During this period, the American colonies began to issue their own money.
Called colonial scrip, The endeavor was very successful. It provided a reliable medium of exchange, and it also helped to provide a feeling of unity between the colonies. Remember, colonial script was just paper money. Debt free money printed in the public interest And not backed by gold or silver coin. In other words, it was a totally fiat currency.
One day, officials of the Bank of England asked Franklin how he would account for the newfound prosperity of the colonies. Without hesitation, he replied
Speaker 1: That is simple. In the colonies, we issue our own money. It is called colonial script. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, And we have no interest to pay to no one.
Speaker 0: This was just common sense to Franklin, but you can imagine the impact it had On the Bank of England, America had learned the secret of money, and that genie had to be returned to its bottle as soon as possible. As a result, Parliament hurriedly passed the currency act of 17/64. This prohibited colonial officials from issuing their own
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If you want to explore the links of #Rothschilds to the opium trade in China through India, their involvement in HSBC bank and their business dealings in India… follow this thread
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The #Windsor family were originally from the German Aristocratic family of Saxe Coburg Gotha, that borrowed money from the House of #Rothschilds and provided a safe haven for the founder of the Illuminati — Adam Weishaupt after he fled from Bavaria. Soon thereafter with Rothschild funding the #Illuminati infiltrated European Freemasonry at the Wilhelmsbad Convention in 1789 transforming them from Christian values to a Luciferian ideology where they planned and instigated the #FrenchRevolution. This combination of money, secrecy and royalty has gradually been evolving and about to reach it’s culmination as the long planned #NewWorldOrder ruled from behind a curtain by the House of Rothschild with the House of Windsor as their front puppet and the Lodges of Freemasonry as their secret agencies carrying out the totalitarian will of their “Unknown Superior” the House of Rothschild! Fact is… the Money Rules!
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China Was A Planned Part of The #NewWorldOrder and it seemed to be planned from those who run the world like #Rockefellers, #Rothschilds, #GeorgeSoros, #HenryKissinger & Brzezinski Explain The Controlled Demolition of The West Begins To Make Sense...
Video Transcript AI Summary
Evelyn De Rothschild discusses investing in China and its progress as an open society. Richard Rockefeller highlights the positive sentiments his family has had towards China. The conversation shifts to the financial deal Obama should seek when visiting China. The speakers agree that China's involvement is crucial for a new financial world order. The discussion then focuses on the RMB and the possibility of it becoming fully convertible and flexible in the next five years. They emphasize the need for an international currency and a partnership between China and the West. They acknowledge the challenges in constructing a new world order but stress the importance of satisfying both sides to avoid tensions. The conversation concludes by acknowledging the progress made in the US-China relationship since Nixon and Kissinger's initiative.
Full Transcript
Speaker 0: So Evelyn De Rothschild joins us now to talk about investing in China and his latest venture, weather central here as well. So, Evelyn, thank you very much indeed for joining us. I just wanna get your views on how things have evolved. Has it become a more open society? Has it become an easier place to do business?
Speaker 1: Oh, I think it is no doubt. I think it's a remarkable country. When you think of what has happened in the last 10 years, Let alone 20 years. Is this an achievement beyond recognition?
Speaker 2: I'm Richard Rockefeller. I'm chair of the board of the Rockefeller Brothers Fund. The sentiments that my grandfather and grandmother and actually other relatives of that generation had for China, very positive feelings for the country He passed through the generations to all of us.
Speaker 3: So China in a way wasn't such an unfamiliar place To us as it might have felt for a lot of Americans.
Speaker 2: What sort of a financial deal should Obama be seeking to strike when he travels to China next month?
Speaker 4: No, I think this would be the time because you really need to bring China into the creation of a new financial world order.
Speaker 0: Sir Evelyn, what about The RMB situation, you mentioned, a so called currency problem. I mean, do you see the day in the next 5 years where it's fully convertible and flexible?
Speaker 1: Well, you're talking to a person who's quite old. If I'm around in 5 years, I'd like to think that that is the case. I think we've all got to move towards that opportunity, and I think the challenge also is whether we should move towards an international currency.
Speaker 5: But they really are issues of the construction of a new world order. That's what this is about. And that's the sort of dialogue the Chinese are generally good at. And as and so a partnership Between us is essential. A conflict between us is going to exhaust us both In tactical exercises it cannot be conclusive.
Speaker 6: And the new world order could satisfy both.
Speaker 5: It has to satisfy both because otherwise it will lead Two tensions that really exhaust, I suppose.
Speaker 6: One has to give credit to president Nixon's and Henrik Kissinger's initiative. They bow the ice, they did. But they confronted a residue of suspicion, and that suspicion was mutual And grievances. And they were also mutual. That it really took time for the relationship to sort of Become more normal, more predictable, and eventually, what we accomplished was that it became, in fact, Open and full comprehensive, and in fact, initiated a kind of secret collaboration or even perhaps you could call it an alliance.
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An Introduction to the #Rothschilds
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The Rothschild family, descendants of the Khazarian families, settled in Frankfurt, Germany, and became wealthy through trade and banking. They offered travelers banknotes in exchange for their gold, accumulating immense riches and extending their power. Five members of the family became powerful bankers in Frankfurt, London, Paris, Vienna, and Naples, gaining financial control over Europe. They even served as personal bankers to royalty and treasurers of the Vatican.
Full Transcript
Speaker 0: So evil. It would change the fate of the world forever. 1 of the Khazarian families that had joined the exodus from Khazaria was the Roetchild family. That's right. The Rothschilds I talked about in part 2 of my previous series.
Act They settled in Frankfurt, Germany, where they became wealthy and powerful through trade and banking. They called southern Germany Askinas as a tribute to their ancestry. They offered notes to travelers who left behind their gold and safely stored in the vaults of the, banknotes against deposits. This way, they collected an unprecedented amount of riches that combined with the interest they received were further used to extend their wealth and thus their power. Maya Anshul Rochul had five Adams who became powerful bankers in 5 large cities.
Frankfurt, London, Paris, ex Vienna and Naples. In no time, they gained financial power over all of Europe. Act they became the personal bankers of kings and queens. They even became the treasurers of the Vatican. Before we continue
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#BankingCartel #FederalReserve and most #CentralBanks systematically work in unison to steal your savings
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#Rothschilds #Rockefellers #WEF #WHO #WorldBank #IMF #GreatReset #Agenda2030
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“The Creature from Jekyll Island” is another must read book to learn about the #FederalReserve and its origins
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wakingtimes.com/rothschild-fam…
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So the sinking of Titanic was a psyop by JP Morgan then 🤷♂️
Video Transcript AI Summary
The video suggests that the Titanic may not have actually sunk. The owners of the Titanic and the older ship, the Olympic, allegedly swapped the two ships and sank the Olympic instead. The theory is that the owners did this to claim insurance money. The video also mentions that all of JPMorgan's business competitors were on the Titanic when it sank, while JPMorgan himself canceled his trip last minute. A survivor named James Fenton allegedly claimed on his deathbed that the Titanic never sank, it was actually the Olympic. The video concludes by stating that the movie Titanic should have been called the Olympic.
Full Transcript
Speaker 0: Would you believe it if I told you that the Titanic never actually sank? Everybody knows the story of the unsinkable ship that struck an iceberg that caused it to sink, but that might not be true. Well, you see, the owners of the Titanic actually had 2 ships, the Titanic and the Olympic. The Olympic was an older ship, and it took a lot of damage on previous trips. It was said that the owners wanted to get rid of the Olympic simply because it was not profitable anymore.
So when the Titanic was about to set sail, The owners swapped it out with the Olympic and gave it a fresh coat of paint so that they could recoup some of the insurance money to cover the RMS Olympic.
Speaker 1: What if I told you the Titanic never sank? What? So the owner of the boat, JPMorgan, actually had 2 boats. He had the Titanic, and he had the Olympic. And the Olympic was little bit older and a little bit more rundown, and it was also in some accident.
Okay. So the theory is that JPMorgan sank the boat on purpose because he knew he would get a lot of money. What? He did it for the money. Right?
But why sink the newly built Titanic when you could scratch off the paint, swap the names, and sink the Olympic instead? You just painted the word Titanic over the Olympic? It gets worse. Guess who was on that boat? Who?
I know there's a lot of people on the boat. All of JPMorgan's business competitors. What? And not one of them made it out. Oh my god.
But guess who wasn't on the boat? Who? JP JP Morgan, was he supposed to be? He canceled minutes before it left because he knew it was gonna sing. And there was a guy named James Fenton, right, who survived and worked on the boat.
And on his deathbed, his last words were the Titanic never sank. It was the Olympic. Wait. What? And he said that if he said anything, something bad would happen a So what you're trying to say is the movie Titanic is actually called the Olympic.
Exactly.
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#Rothschilds #Rockefellers #Windsors #GeorgeSoros #BillGates and others looking at Elon Musk like
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Benjamin Guggenheim, Isa Strauss and Jacob Astor all opposed the #FederalReserve and they were all killed in the sinking of the Titanic. #Rothschilds have a heavy hand in it.
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A rare recording from the 1960s which explain the #Rothschilds the #illuminati the three world wars and the secret society that runs it all
Video Transcript AI Summary
The speaker discusses a conspiracy theory about the United Nations (UN) and its alleged plan to destroy the sovereignty of the United States and enslave its people under a one-world dictatorship. They claim that the masterminds behind this conspiracy control the mass media and manipulate information to brainwash the public. The speaker also mentions the Illuminati, a secret society believed to be behind various global events and revolutions. They assert that the media, Hollywood, and international bankers are all part of this conspiracy. The ultimate goal, according to the speaker, is to establish a one-world government controlled by a small group of elites.
Full Transcript
Speaker 0: The question of how and why the United Nations is the crux of the great conspiracy to destroy the sovereignty of the United States and the enslavement of the American people within a UN one world dictatorship is a complete and unknown mystery to the vast majority of the American people. The reason for this unawareness of the frightening danger to our country and the entire free world is simple. The masterminds behind this great conspiracy have absolute role of all of our mass communications media, especially television, the radio, the press, and Hollywood. We all know that our state department, the Pentagon, and the White House have brazenly proclaimed that they have the right, and the power to manage the news, to tell us not the truth, but what they want us to believe. They have seized that power on orders from their masters of the great conspiracy.
And And the objective is to brainwash the people into accepting the phony peace bait to transform the United States into an enslaved unit of the United Nations one world government is that our so called leaders in Washington, who we elected to safeguard our nation and our constitution are the betrayers. And that behind them are a comparatively small group of men whose sole objective is to enslave the whole world of humanity in their satanic plot of one world government. Now, as a matter of further or intelligence, a term used by the FBI. Let me clarify the meaning of the expression. He is a liberal.
The enemy, meaning the one word conspirators, have seized upon that word liberal, as a cover up for their activities. It sounds so innocent and so Harriet, to be liberal, will make sure that the person who calls himself Bribed as a liberal is not in truth a red. Now then, this satanic plot was launched back in the 17 sixties when it first came into existence under the name of the Illuminati. This Illuminati was organized by 1 Adam, born a Jew, who was converted and became a Catholic priest. And then at the behest of the then newly organized house of Shiled, defected and organized the Illuminati.
Naturally, the Rothchilds financed that operation. And every war since then, beginning with the French revolution, has been promoted by the Illuminati operating under various names and guises. In the United States, they set up what they called the council on foreign relations commonly referred to as the CFR. And this CFR is actually the Illuminati See, in the United States and its hierarchy, the masterminds in control of the CFR, to a very great extent are the descendants of the original Illuminati conspirators. But to conceal that fact, most of them changed their original family names to American sounding names.
For example, the true name of the Dylans, Clarence and Douglas Dillon, one secretary of the US treasury department, is Lipowski. There is a similar establishment of the Illuminati in England operating under the name of the British Institute of International Affairs. There are similar secret Illuminati organizations in France, Germany, and other nations operating under different names. But at all times, the operations of these organizations were and are masterminded and controlled by the internationalist bankers who in turn were and are controlled by the Rothschilds. Now, just why did the conspirators choose the word Illuminati for their satanic organization?
Weishaupt himself said that the word is derived from Lucifer and means holders of the light. Using the lie that his objective was to bring about a one world government to enable those with mental ability to govern the world and prevent all wars in the future. In short, using the word peace on earth as his bait. Perhaps the most vital directive in salute control of the press so that all news and information could be slanted so that the masses could be convinced that a one world government is the only solution to our many and and very problems. Now, do you know who owns and controls our mass communications media?
I'll tell you practically all the movie lots in Hollywood is owned by the layman's, Khun, Loeb and Company, Goldman Sachs, and other internationalist bankers, all The national radio and TV channels in the nation are owned and controlled by those same internationalist bankers. In 18 In thirty four, the Italian revolutionary leader, Giuseppe Mazzini, was selected by the Illuminati to direct their revolutionary program throughout the world. Mazzini had enticed an American general named Albert Pike into the Illuminati. Pike was fascinated by the idea of a one world government. And ultimately, he became the head of this Luciferian conspiracy.
Between 18/59 and 18/71, he, Pike, worked out a military blueprint for 3 world wars and various revolutions throughout the world, which he considered would forward the conspiracy to its final stage in the 20th century. Long before Marconi invented radio, the scientists in the Illuminati had found The means for Pike and the heads of his councils to communicate secretly. It was the discovery of that secret that enabled intelligence officers to understand how apparently unrelated incidents. 1 such as the assassination of an Austrian prince at Sarajevo took place simultaneously throughout the world, which developed into a war or a revolution. Pike's plan was as simple as it has proved effective.
It call for communism, Nazism, political Zionism and other international movements be organized and used to foment 3 global world wars and at least 2 major revolutions. World solutions. World War 3 is to be fomented by using the so called controversies, The agents of the Illuminati operating under whatever new name are now stirring up between the political Zionists and the leaders of the Muslim world. That war is to be directed in such a manner that all of Islam and Political Zionism, Israel will destroy each other. While at the same time, the remaining nations once more divided on this issue will be forced to fight themselves into a state of complete exhaustion, physically, mentally, spiritually, and economically.
Now can any thinking person doubt that the The intrigue now going on in the near middle and far east is designed to accomplish that satanic objective. Pike himself Self foretold all this in a statement he made to Mazzini on August 15, 18, 71. Pike stated that after World War III has ended, those who will inspire to undisputed world domination will provoke the greatest social cataclysm the world has ever known. Quoting his own words taken from the letter he wrote to Mazzini and which letter is now catalogued in the British Museum in London, England. He said, we shall unleash the nihilists, and the atheists.
And we shall provoke a great social cataclysm, which in all its horror will show clearly to all nations, the effect of absolute atheism, the origin of savagery and of most bloody turmoil, then everywhere, the people forced to defend themselves against the world minority of Solutionaries will exterminate those destroyers of civilization and the multitudes disillusioned with Christianity whose Theistic spirits will be from that moment on without direction and leadership and anxious for an ideal, but without knowledge Where to send its adoration will receive the true light through the universal manifestation of the pure doctrine of suffer, brought finally out into public view, a manifestation which will result from a general reactionary movement, which which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time. Anyway, the ending of the civil war destroyed temporarily all chances of the house of Rothschild to get a clutch on our money system such as they had acquired in Britain and other nations in Europe. I say temporarily because the Rothschilds and the Masterminds of the conspiracy never quit. So they had to start from scratch, but they lost no time in getting started. Shortly after the civil war, a young immigrant who called himself Jacob h Schiff arrived in New York.
Jacob was a young man with a mission for the house of Rothschild. Jacob was the son of a rabbi Born in one of Rothschild's houses in Frankfurt, Germany, after a comparatively brief training period in In the Rothschilds London bank, Jacob left for America with instructions to buy into a banking house, which was to be the springboard to acquire control of the money system of the United States. Actually, Jacob came here to carry out 4 specific assignments. Number 1, and most important, was to acquire control of America's money system. Number 2, find desirable men who for a price would be willing to serve as stooges for the great conspiracy and and promote them into high places in our federal government, our Congress, in the US Supreme Court and all federal agencies.
Cease. Number 3, create minority group strife throughout the nations, particularly between whites and blacks. Number 4, create a movement to destroy religion in the United States, but Christianity to be the chief target. In the final phases of the conspiracy, the one world government will consist of the king dictator, head of the United Nations, the CFR, and a few billionaires, economists, and scientists who have proved their devotion to the great conspiracy. All others are to be integrated into a vast conglomeration of mongrelized humanity, actually slaves.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
George Soros "personally donated $170 million during the 2022 midterms to Dem candidates." He also "has donated more than $32 billion over the years" to foreign policy and other causes through @OpenSociety, structured to "obfuscate the original origin." https://www.cnbc.com/2023/01/04/nonprofit-financed-by-billionaire-george-soros-donated-140-million-to-political-groups-in-2021.html
Nonprofit financed by billionaire George Soros quietly donated $140 million to political causes in 2021
A George Soros backed nonprofit put $140 million into politically charged groups in the buildup to the 2022 midterm elections.
cnbc.com
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
Banks owned by the #Rothschilds Control the money, control the world https://t.co/T0bRlCgF87
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
None of these 7 countries that US #MilitaryIndustrialComplex planned to destroy have a #Rothschilds controlled central bank. Now you know why they’re targeted.
@DeepBlueCrypto - 🌋🌋 Deep₿lueCrypto 🌋🌋
None of these countries have a #Rothschilds controlled central bank https://t.co/plSun8GyAg
@WarNuse - WarNuse
August 1976, The House Banking Committee Staff Report Lists The Original Federal Reserve Board Members. Every Single Name Was An Associate Of Nathan Mayer Rothschild, One Of The Five Sons Of The Second Generation Rothschild Banking Dynasty. (16. September, 1777 – 28. July, 1836)
reSee.it AI Summary
The Rothschild family initiated central banking worldwide, controlling most central banks. Five sons were dispatched to Germany, France, Austria, Italy, and one remained in the UK overseeing the Bank of England. They also co-own the Federal Reserve. Their power remains intact, as they dominate the global banking system through institutions like IMF, BIS, and central banks.
@bambkb - Kevin - WE THE PEOPLE❤️ - DAD🦁 🐉 🔥
The Rothschild family started #CentralBanking and own/control almost all #CentralBanks in the world Louis Farrakhan : “Did you know that #Rothschild sent his 5 of his sons to different parts of the world to start central banking? One to Germany One to France One to Austria One to Italy And one stayed at home in the UK to take care of, The Bank of England” They are also co-owners of the Federal Reserve, he is clearly lying about that part (symbolism behind him) Do you think that this family just relinquished their power? HELL NO!! From my understanding, the #Rothschild own the world through banking #IMF #BIS #CentralBanks #FederalReserve
Video Transcript AI Summary
Rothschild, a man who claimed to be Jewish, controlled the families by sending his sons to different parts of Europe. They established central banks in England, France, Italy, Austria, and the US. The Rothschilds manipulated money and financed both sides of wars, including the American Civil War. They owned slaves, which contributed to their wealth. Abraham Lincoln's interference threatened their interests. The Rothschilds profited from wars, while poor idealists fought for noble principles, unaware of the manipulation. The rich became richer at the expense of the bloodshed of others.
Full Transcript
Speaker 0: In Europe, a man by the name of Rothschild, who claimed to be Jewish, made this statement. He really didn't care was King or Ruling as long as he controlled the families. Rothschild had 5 sons, and he sent those sons into different parts of Europe. He sent 1 son to England, 1 to France, 1 to Italy, 1 to Austria, and 1 stayed at and the father in general,
Speaker 1: and they all became a part of
Speaker 0: the house of but through manipulation of money, the son in England grew up, and and and that became the Bank of England, the bank of France the bank of Italy the bank of Austria the bank of June these were central banks that credit the money of these nations that now were in the hands of
Speaker 1: a family. Come on. That had spread out with not the intention of doing good. Right. But the intention to become manipulators and controllers of the destiny of the of the world and nations.
Come on. Go ahead. Europe had many countries. And the Rothschilds wouldn't finance both sides. Right.
What you don't understand is that war is a manipulation of money. Right. You think You're fighting for democracy. A war to end all wars. Let these Reign in the earth.
This is the tricky language that the wise and wicked used to trap the poor and the weak. Are you listening? The house of Rothschild became so strong that even when America It was established. They kept through their agents in America trying to control Central Bank. In to read of the civil war.
People in the south Didn't want nobody freeing the slave.
Speaker 0: That's right. Right. That's right.
Speaker 1: I was not evil when I said that 75% of Jews owned slaves. I didn't say it. You all wrote it in your history. Now wait. If you own slaves and they were the bedrock of your wealth Come on.
You did Not one America free. Many were at the root of the Confederacy and the Confederate flag yesterday Today as well as today
Speaker 0: Right.
Speaker 1: Abraham Lincoln was interfering with something bigger Come on. In just peace and war. Rothschild, through his agents in America, financed the North and financed the South. Right. Come on.
And more lives were lost of poor people who are idealists Thinking that they're fighting for these noble principles. Come on. And all at the same time, you're making the rich Richer, but they're enriched at the price of your blood. Yeah. And the blood of your
reSee.it AI Summary
In 1910, influential private bankers like the Rockefellers, Rothschilds, and Morgans gathered on Jekyll Island to establish the Federal Reserve. Interestingly, the IRS was also created in 1913, introducing income tax to burden citizens with politicians' debt and interest to the bankers. The issue lies in the fact that the Federal Reserve, disguised as a government-owned system, is actually a privately owned central bank. We must break free from this banking cartel's tyrannical rule. Notably, World War I began in 1914, conveniently allowing the Fed to fund all sides of the war and reap massive profits. These individuals are truly evil and sick in their intentions. #EndTheFed #TheFederalReserve #Rothschild #Rockefeller #Morgan #CreatureFromJekyll
@bambkb - Kevin - WE THE PEOPLE❤️ - DAD🦁 🐉 🔥
1910 - Representatives of the Rockefellers, Rothschild, Morgan and other PRIVATE BANKERS gathered on Jekyll Island to create ‘The Federal Reserve’ : “I found it revealing that the IRS was created the same year as the Federal Reserve in 1913!! Income tax was then instigated, so you and I would have to PAY the politician’s DEBT + interest to the BANKERS!!!” “The problem is : We have a PRIVATELY OWNED central bank system, DISGUISED as a government owned system” “The Federal Reserve is a PRIVATELY OWNED, CENTRAL BANK!!!” We are OWNED by this banking cartel and we have to set ourselves FREE from their tyrannical rule!!! Guess which year WW1 started? 1914, right after they established the FED, so that they can fund all sides of the WAR and make MASSIVE PROFITS!!! These people are EVIL and SICK in the head #EndTheFed #TheFederalReserve #Rothschild #Rockefeller #Morgan #CreatureFromJekyll
Video Transcript AI Summary
In 1910, private bankers like the Rockefellers, Rothschilds, and Morgans met secretly on Jekyll Island to draft legislation for the creation of the Federal Reserve. Interestingly, the same year saw the establishment of the Internal Revenue Service (IRS), which is disguised as a government-owned income system in the US. Surprisingly, if you search for the Federal Reserve in the Washington DC telephone book, you won't find it listed under the government pages but rather in the white pages alongside Federal Express. This reveals that the Federal Reserve is actually a privately owned central bank. Central banks are involved in banking operations.
Full Transcript
Speaker 0: Is Jekyll Island, where in 1910, representatives from the Rockefellers, Rothschilds, Morgans, and other private bankers gathered secretly to draft the legislation that would create the Federal Reserve. I found it revealing that in the same year the Federal Reserve was founded, 1913. The Internal Revenue Service was also established. An income system, in the United States disguised as a government owned system. Now if you look in the the, telephone book here in the Washington DC area, you look up for Federal Reserve in the blue government pages, it's not there.
It's in the white pages right next to Federal Express. It's a privately owned central bank. Central banks are banking
reSee.it AI Summary
The Rothschild family owns a significant portion of land in Israel, just as they have influence in America. American politicians align with central banks, disregarding public interests. The Federal Reserve holds immense power, controlling car and house payments, as well as employment. The battle for control over money printing has persisted since the Constitution's adoption. Privately owned central banks, like the Bank of England, caused the American Revolution due to excessive national debt. Founding Fathers, including Jefferson and Madison, warned against the dangers of banking institutions and advocated for returning the issuing power to the people. The money changers have historically used deceit and violence to maintain control. This pivotal issue has sparked wars and caused depressions. However, after World War I, the money changers' control over the press diminished public awareness of this battle.
@WallStreetApes - Wall Street Apes
Almost All Israel Land Is Owned By The Rothschild Family. The Same People Who Own America. American Politicians Couldn’t Care Less About You, They Stand With The Central Banks #WakeUp “More powerful than the president, the congress, and the courts. Now a lot of people challenge me on that, but let me prove my case. The Federal Reserve determines what the average person's car payment is going to be, what their house payment is going to be, and whether they have a job or not. And I submit to you that that's total control. And the Federal Reserve is the largest single creditor of the United States government. What does Proverbs tell us? What one has to understand is that from the day the Constitution was adopted, right up to today, the folks who profit from privately owned central banks, as Madison called them the money changers, have fought a running battle for control over who gets to print America's money. Why is who prints the money so important? Think of money as just another commodity. If you have a monopoly on a commodity that everyone needs, everyone wants and nobody has enough of, there are lots of ways to make a profit, and also exert tremendous political influence. That's what this battle is all about. Throughout the history of the United States, the money power has gone back and forth between Congress and some sort of privately owned central bank. The founding fathers knew the evils of a privately owned central bank. First of all, they had seen how the privately owned British central bank the Bank of England, had run up the British national debt to such an extent that Parliament had been forced to place unfair taxes on the American colonies. In fact, as we'll see later, Ben Franklin claimed that this was the real cause of the American Revolution. Most of the Founding Fathers realized the potential dangers of banking and feared bankers' accumulation of wealth and power. Jefferson put it this way. I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs. That succinct statement of Jefferson is in fact the solution to all our economic problems today. It bears repeating, the issuing power should be taken from the banks and restored to the people to whom it properly belongs. James Madison, the main author of the Constitution, agreed. Interestingly, he called those behind the central bank scheme money changers. Madison strongly criticized their actions. History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. The battle over who gets to issue our money has been the pivotal issue throughout the history of the United States. Wars are fought over it, depressions are caused to acquire it. Yet after World War I, this battle was rarely mentioned in newspapers or history books. Why? By World War I, the money changers with their dominant wealth had seized control of most of the nation's press.”
Video Transcript AI Summary
The Federal Reserve holds immense power over the average person's car and house payments, as well as their job prospects. Being the largest creditor of the US government, it exerts total control. Throughout history, there has been a struggle between Congress and privately owned central banks for the authority to print America's money. The founding fathers were wary of privately owned central banks, having witnessed the Bank of England's exploitation of the American Colonies through excessive debt and unfair taxes. Thomas Jefferson believed that banking institutions posed a greater threat to liberty than standing armies, advocating for the power to issue money to be returned to the people. James Madison also criticized the money changers, who have historically used deceit and violence to maintain control. The battle for control over money issuance has been a significant issue in US history, with wars and depressions being influenced by it. However, after World War 1, this battle was seldom discussed due to the money changers' control over the press.
Full Transcript
Speaker 0: Powerful than the president of Congress and the courts. Now a lot of people challenge me on that, but let me prove my case. The Federal Reserve determines what the average person's car payment is going to be, what their house payment is going to be, and whether they have a job or not. And I submit to you that that's total control. And the Federal Reserve is the largest single creditor of the United States government.
But as proverbs tell us, the borrower is servant to the lender.
Speaker 1: What one has to understand is that from the day the constitution was adopted, right up to today, the folks who profit from privately owned central banks as Madison called them the money changers, have fought a running battle for control over who gets to print America's money. Why is who prints the money so important? Think of money as just another commodity. If you have a monopoly on a commodity that everyone needs, everyone wants, and nobody has enough of, there are lots of ways to make a profit and also exert tremendous political influence. That's what this battle is all about.
Throughout the history of the United States, the money power has gone back and forth between Congress and some sort of privately owned central bank. The founding fathers knew the evils of a privately owned central bank. First of all, they had seen how privately owned British Central Bank, the Bank of England, had run up the British National Debt to such an extent that parliament had been forced to place unfair taxes on the American Colonies. In fact, as we'll see later, Ben Franklin claimed that this was the real cause of the American Revolution. Most of the founding fathers realized the potential dangers of banking and feared bankers accumulation of Wealth And Power.
Jefferson put it this way.
Speaker 2: I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Speaker 1: That's the distinct statement of Jefferson is, in fact, the solution to all our economic problems today. It bears repeating. The issuing power should be taken from the banks and restored to the people to whom it properly belongs. James Madison, the main author of the Constitution agreed, Interestingly, he called those behind the central bank scheme money changers. Madison strongly criticized their actions.
Speaker 2: History records that the money changers have used every form of abuse intrigued deceit and violent means possible to maintain their control
Speaker 1: The battle over who gets to issue our money has been the pivotal issue throughout the history of the United States. Wars are fought over it, depressions are caused to acquire it. Yet after World War 1, this battle was rarely mentioned in newspapers or history books. Why? By World War 1, the money changers with their dominant wealth had seized control of most of the nation's press.
@RedpillDrifter - Redpill Drifter
HOW THE FEDERAL RESERVE SCAM WORKS Pro tip: The Federal Reserve is privately owned https://t.co/4R48j2tY2h
Video Transcript AI Summary
The government creates IOUs in the form of bonds, increasing the national debt. These IOUs are then swapped for currency, with the banks selling the debt to the Federal Reserve. The Federal Reserve buys the IOUs with checks that have no actual funds, resulting in the creation of currency. The government spends this currency on various programs and services, while banks multiply the currency through fractional reserve lending. Taxes are then collected to pay off the debt, and the system relies on ever-increasing levels of debt. The secret owners, the world's largest banks, profit from this system. It causes economic disparity and enslavement, but there is hope in educating the public about the system.
Full Transcript
Speaker 0: The way the system works is that step 1, the government creates glorified IOUs. These bonds increase our national debt and put the public on the hook to pay it back. Step 2, IOUs are swapped to create currency. The Treasury sells the bonds to the banks. The banks then turn around and sell our national debt at a profit to the Federal Reserve, which they probably own.
The Federal Reserve then opens its checkbook that doesn't have a penny in it, and buys those IOUs with IOUs that it writes checks on a checking account that has a zero balance. Then they give those checks to the banks and currency just springs into existence and then the whole process repeats. This results in a buildup of bonds at the Federal Reserve and currency at the Treasury, which is really just a supply of numbers. The Treasury then deposits the members in the various branches of the government, and we get to step 3. The government spends the members on promises, public works, social programs and war.
Then the government employees, contractors and soldiers deposit their pay into the banks. And we get to step 4, where the banks multiply the numbers by magically inventing more IOUs through fractional reserve lending, where they steal a portion of everyone's deposit and lend it out. That currency gets redeposited and then a portion is stolen again. And the process repeats over and over magnifying the currency supply exponentially. Then we work for some of those numbers, Which brings us to step 5, where our numbers are taxed.
We pay tax to the IRS, who then turns our numbers over to the Treasury, so the treasury can pay the principal plus the interest on bonds that were purchased by the Federal Reserve with a check from nothing. Then we get to step 6: The Debt Ceiling Delusion. The system is designed to require ever increasing levels of debt and will eventually collapse under its own weight because politicians always kick the can down the road. They don't want it to collapse on their watch. And finally, step 7, the secret owners take their cut.
The world's largest banks own the Federal Reserve. Those banks make a profit selling our national debt to the Fed. They make a profit when the Fed pays them interest on the reserves held at the Fed, and the Fed pays them a 6% dividend on their ownership of the Fed. This system is fundamentally evil. It funnels wealth from the working population to the government and the banking sector.
It is the cause of the artificial booms and busts of modern economies, and it Causes great disparity of wealth between the rich and the working class. And it is only possible because we no longer use real money, we use currency. But worst of all, it is a form of enslavement. Bond is the root word of bondage. Whenever a government issues a bond it is a Promise to make us pay tax in the future.
Nobody asked you if you wanted to pay tax today for the prosperity we all enjoyed in the last century. Nobody is asking our children if they want to work hard in the future to pay for the prosperity we're enjoying now. George Washington once wrote to James Madison. No generation has the right to contract debts greater than can be paid off during the course of its own existence. By stealing prosperity from tomorrow, so we can spend it today, we enslave ourselves and future generations.
Now this all sounds pretty bad, but there is great hope, for you are the greatest threat to this false monetary system. This system relies on the public being ignorant of its workings. Please share this knowledge with everyone you know, because an informed public that fully understands the system can build a better future for generations to come. And now I leave you with this quote, widely attributed to a former director of the Bank of England. The modern banking system manufactures money out of nothing.
The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin. Bankers own the earth. Take it away from them, But leave them the power to create money and control credit, and with the flick of a pen, they will create enough money to buy it back again. But if you want to continue as the slaves of bankers and pay the cost of your own slavery, let them continue to create money, and to control credit.
This is the Federal Reserve in Washington DC. It's located on Constitution Street, and that is just as much of a joke as the New York Fed being located on Liberty Street. Both of them are unconstitutional. Both of them limit our liberty. And they transfer wealth away from us every second of every day To the Federal Reserve, to the government, and to the banking sector.
@AAnon55 - 𝙰 𝙰𝚗𝚘𝚗
[Evelyn De Rothschild] calls for a one world currency When I found out about the Rothschild's, no one knew their name, & those that did, had no idea who [they] really are. [They] are at the top of the pyramid. [They] own world banks. Who owns the [FED]? Who owns CBDC? https://t.co/37mZWLWbMP
Video Transcript AI Summary
In the next 5 years, there is a need to address the currency problem and make it fully convertible and flexible. Moving towards an international currency could be a solution, as the complexity and speculation around currencies have caused irritation among trading nations and individuals. It is not for me to say how it will happen, but those experienced in dealing with such situations are aware of the challenges involved. The Rimbey will likely become more convertible, but the timing of its return will depend on the decisions made by the relevant authorities.
Full Transcript
Speaker 0: You mentioned, a so called currency problem. I mean, do you see the day in the next 5 years where it's fully convertible and flexible?
Speaker 1: I think we've all got to move towards that opportunity, and I think the challenge also is whether we should move towards an international currency. Because, the speculation and the complexity of currency has caused some of the irritation, and not only among the trading nations, But among individuals, but it's not for me to say how it will happen, but I think, everyone who knows how to deal with these situations is very cognizant of the problem it takes to go over it, get over it, and, I think the Rimbey will become more convertible, but When it'll come back is a matter for, obviously, the powers that
@TrevorJukes1 - TeeJay
Edward Griffin explains what the Federal Reserve System actually is: "It's a cartel. It's not a government agency, it has the appearance of it being a government agency." https://t.co/bpOQCiDZj4
Video Transcript AI Summary
The Federal Reserve is not a government agency, but rather a banking cartel that has the power of government enforcement. It operates like other cartels, such as those in the banana, oil, or sugar industries. The banking cartel created rules and regulations for their own industry and presented it to Congress as the Federal Reserve Act. Congress passed it into law, giving the appearance that the Federal Reserve is a government agency. However, failure to comply with their rules can result in imprisonment. In essence, the Federal Reserve is a cartel disguised as a government agency.
Full Transcript
Speaker 0: Well, you asked the question in your book, the, Creature from Jekyll Island. What is the Federal Reserve, and what is your answer?
Speaker 1: Well, what it is, it's a cartel. It it's not a government agency. It has the appearance of it being a government agency and they went to great lengths to give it that that facade. It does have the power of government because congress voted to give the power of of enforcement to it. But in its essence, underneath it, it's a cartel.
It's nothing different than a banana cartel or an oil cartel or sugar cartel. It happens to be a banking cartel. They got together. They drew up the rules and regulations for their own industry to self regulate their own industry is what cartels do, and then they send it to congress and they took off the the label at the top that said banking cartel may erase that, and they said Federal Reserve Act. Congress passed it into law, and that's why we think it's government agency, is because if you don't obey the rules that they set down for their own industry, you go to prison.
And so it looks like a government agency. But, really the answer to your question is
@RedpillDrifter - Redpill Drifter
THE FEDERAL RESERVE SCAM The Federal Reserve was created in 1913 and is a private company. It is not government owned. The Federal Reserve started with about 300 powerful people or banks that became owners/stockholders. It is not Federal and has no reserves. https://t.co/Uzi5OfD736
Video Transcript AI Summary
In this video, the speakers discuss the Federal Reserve and its role in the economy. They mention that the Federal Reserve provides money to banks, which then loan it to the government and collect interest on those loans. This process creates new money and leads to inflation. The speakers also talk about the need for audits of the Federal Reserve and express concerns about the potential impact on monetary policy. Additionally, they mention the boom-bust cycles in the economy and how banks benefit from them. Finally, one speaker raises concerns about the struggles faced by families and the need for jobs and affordable living expenses.
Full Transcript
Speaker 0: Yeah. Okay.
Speaker 1: So all
Speaker 2: that information is available, in our commercial paper
Speaker 0: And who got the money?
Speaker 2: Hundreds and hundreds of banks. Any bank that has access to the US,
Speaker 0: Federal Reserve's discount. No.
Speaker 1: Specific question.
Speaker 3: So are you telling me that nobody at the Federal Reserve is keeping track on a regular
Speaker 1: do respond in any other way today. Mister
Speaker 3: chairman, my my time is up, but I have to tell you honestly, I am shocked to find out that nobody at the Federal Reserve, including inspector general, is keeping track of this.
Speaker 4: 1st, let's call it federal to make it sound like it's a government operation. Next, let's add the word reserve to make it seem like there are reserves somewhere. Next, let's add the word system. National debt has grown too large for the national debt clock. Debt has been piling up so fast lately, they had to dropped the dollar sign to make room for an extra digit as the number turned over.
Let's say, needs $1,000,000,000 for today's expenditure. So they go down to the treasury and they ask for the money. And the treasury official says, you guys are gotta be kidding. We don't have any money here. You spend it all back in February or March.
Everything we took in in taxes is gone. Not to Worry, they say. Together, they walk further down the street to the Federal Reserve building. Now the Fed has been waiting for them because that's one of the reasons it was created. They Walk in and the officer at the Federal Reserve opens up his desk drawer, pulls out a big checkbook, and he writes a check to the United States for $1,000,000,000.
Now we need to ask a question at this juncture. Who put that $1,000,000,000 into the checking at the Federal Reserve so that they could lend it or give it to the government. Where did that money come from? And the amazing answer is, there is no money. In fact, technically, there isn't even a checking account.
There's just a checkbook. And That $1,000,000,000 brings into being precisely at the instant that the officer signs the check. Now if you and I were to do that, we would go to jail. This is the reason the government is in this partnership because the government has instant, easy access to any amount of money at any time without having to go to the taxpayer and ask for it in the form of direct taxes. But that's why the government is in it.
The money that was created out of nothing and given to the government was spent by the government for its projects. The money that was created out of nothing for the banks, they didn't spend that for their projects. They loaned it to us for our projects. But they collect interest on that loan. So the bottom line is that they collect interest on nothing, Which is not too shabby.
This is why the banking cartel is in the partnership because all of this becomes legal. What are the of this. This money that is created out of nothing goes out into the economy, and these new dollars Dilute the value of the old dollars that were already out there. When you pour all these new dollars into the economic pot, it dilutes the dollars that are there and so prices start going up and up and up. We have this phenomenon of inflation, which is the appearance of rising pricing prices.
I emphasize the word appearance because in reality, prices do not rise. What's really happening is that the value of the dollar is going down. If we had a money that they couldn't just create out of nothing, you would find that prices would remain stable Over a long period of time. But when expressed in terms of those paper things we carry around, federal reserve notes, we call them dollars, they're not. They're Federal Reserve notes, they buy less and less and less because there are more and more and more of them being pushed into the economic pot of soup.
So we lost some purchasing power. Somebody got your lost purchasing power. Who? Those people who got the lost purchasing power were the ones who were right at the point where the new money was injected into the pot because they got their hands on it first. And at that point, it had full value.
But by the time they spend it and gave it to the next person and then they spend it and it started moving out toward edge of the pot where most of us are, then it lost its value. But the ones up at the nozzles were the ones that had Gained on our lost purchasing power. Those who gain Your lost purchasing power are the 2 groups that comprise the partnership in the Federal Reserve System, The government and the banking cartel. Now this process is a tax. I don't care what you call it, inflation What name you wanna give to it, it is a tax.
This is why these 2 groups are in the partnership. On the government side, they are able to tax their citizens in any amount unlimited amounts of money without the people even knowing that they are in back paying a tax. And on the banking side, they're able to collect perpetual interest on
Speaker 5: bank. What would you say to the majority of this congress who has now cosponsored Who have now cosponsored the bill to require audits of the Federal Reserve. Do you think it would cause, problems for the fed or for the economy if if that legislation was to pass.
Speaker 2: My concern about the legislation is that if the j GAO is is auditing not only the operational aspects of our programs and the details of the programs, but is making judgments about our policy decisions that would effectively be a takeover of monetary policy by the Congress, a repudiation of the independence of the Federal Reserve, which would be highly destructive to the stability of the financial system, the dollar and, our national economic situation.
Speaker 4: The boom bust cycles that we have had since the creation of this Federal Reserve mechanism is like a sawtooth. The economy expands slowly for long periods of time, 10 years, 20 years, 30 years, and people think this is gonna go on forever. And then boom, it comes down. Usually very quickly, a lot of people lose their assets. Notice, however, when you go to the bank and they give you something which cost them nothing to create, what do they want from you in return?
Signature on the dotted line for your car, your house, all your assets. Right? So if you can't make your payments Of this nothing money, they get your marbles. They always win. In times of whether it's expansion or contraction, it doesn't make any difference.
It was planned that way, carefully worked out. These people are scientists, ladies and gentlemen.
Speaker 1: Accounting for what they're spending. You got people and families out here in the United They're struggling. I just pay $600 from you, Calvin, in 1 week. Yes. I I even got enough money to feed my family.
That is too much. I don't even make $10 an hour.
Speaker 0: Right.
Speaker 1: Now if you send me a line and somebody wants to be the taxpayers of the Hunter, we must state your ID at times. The rights that we want, pay our bill, pay our taxes, create jobs, and buy stuff that we
Speaker 0: need. Call other. I wrote you, I said, hey. Would you let me do? What were the terms of those loans?
How could you light this issue? The market's up there. Who makes the position.
reSee.it AI Summary
The Independent Treasury Act of 1920 suspended the Treasury Department and handed it over to the private corporation known as the Federal Reserve. This secretive entity, controlled by international banking interests, holds majority ownership and influences many aspects of US regulations. Thomas Jefferson warned about the dangers of banking institutions, and returning to the Gold Standard is seen as a solution to this corruption.
@Prolotario1 - Ariel
📢 Did you ever hear of the Independent Treasury Act of 1920? The Independent Treasury Act of 1920 suspended the de jure (meaning "by right of legal establishment") Treasury Department of the United States government. Our Congress turned the treasury department over to a private corporation, which when seen in its true light, is a fascist monopolistie cartel, the Federal Reserve and their agents. The bulk of the ownership of the Federal Reserve System, a very well kept secret from the American Citizen, is held by these banking interests, and NONE is held by the United States Treasury: Rothschild Bank of London Rothschild Bank of Berlin Warburg Bank of Hamburg Warburg Bank of Amsterdam Lazard Brothers of Paris Israel Moses Seif Banks of Italy Chase Manhattan Bank of New York Goldman, Sachs of New York Lehman Brothers of New York Kuhn Locb Bank of New York The Federal Reserve is at the root of most of our present statutory regulations, "laws", in the control and regulation of virtually all aspects of human activity in the United States, through successively socialistic constructions laid upon the Commerce clause of the Constitution. Basically, the Federal Reserve is the "STATE" of the United States. Thomas Jefferson once said: "I believe that banking institutions are more dangerous to our liberties than standing armies". The Gold Standard is how we undo all of this corruption.
reSee.it AI Summary
The posts discuss the belief that the Khazars, who allegedly hide behind the Jewish religion, aim to conquer, rape, and pillage. They are accused of infiltrating positions of power, controlling central banks, and manipulating governments. The author emphasizes the importance of understanding and exposing the alleged global infiltration and calls for a mass awakening to stand against these perceived tyrants.
@bambkb - Kevin - WE THE PEOPLE❤️ - DAD🦁 🐉 🔥
🚨🚨🚨 “The Khazars are hiding behind the Jewish religion” : “When we start talking about the #NewWorldOrder, we are talking about the #KHAZAR WARRIORS that only PRETEND to embrace Judaism” “The #Khazar warriors’s goals are to CONQUER, RAPE and PILLAGE. This philosophy has come down over time and we see how effectively they have implemented it throughout history” “They went to some real Jewish people for education and used their Hebrew alphabet as phonics to codify their KHAZAR language, which is called ‘YIDDISH’ and that is NOT Hebrew” “The #Khazars get one of their people hired in a position of authority or power and then that person starts getting all the others in, until THEY’RE RUNNING THE SHOW and MILKING everyone else” “Mayer Amschel BauerBerg AKA #Rothschild, a #Khazar , formed a financial enterprise with 12 others with the intent of conquering EVERYONE and EVERYTHING with FRACTIONAL RESERVE BANKING!! Rothschild sent 5 of his sons to control central banks in different regions of the world” We gotta find out everything about #Rothschild and the 12 other #Khazar families that control the world through banking. My thoughts and understanding of the situation we’re in : We are up against EVIL GENIUSES that have a playbook on how to infiltrate and tear down countries while they profit off them. They infiltrate and take over the most important positions in any country they are targeting. The Central Bank is the most important power structure for them IMO. Then comes the media. Then comes the judiciaries, military/police force and government. Then they set up NGO’s that our taxes get sent to by our fraudulent politicians to assist the mass propaganda on the population. Also, these politicians are racking up the debt as fast and high as possible to increase interest payments to the bankers and speed up the financial collapse of a country, so they can move in and take over most resource production for dirt cheap. These fraudulent politicians create laws to protect themselves, the overlords and the future people that will be selected NOT elected as politicians as they slowly take away your liberties. This cycle is continuous until they infiltrate the most powerful positions within a country. These evil and pathetic losers clearly plan 10s and possibly even 100s of years in advance and they have clearly reached a level of global infiltration that is so powerful and deep that they attempted this entire #Covid #Vaccine plandemic that would eventually translate to a digital dystopia with #DigitalID with #CBDC to control humanity on the entire planet. Corporations, intelligence, military and organizations must also be involved. You guys gotta wake up, so that we can stand together and face these tyrants. If you guys don’t stand up, this will only keep getting worse and they will keep picking us apart. The media will always keep 30-50% of humanity asleep and on their side. We literally have no chance without a mass awakening, so please, WAKE UP!!!!
Video Transcript AI Summary
The speaker discusses the concept of the new world order and claims that the majority of people who identify as Jews are not actually of Semitic descent. They explain how these individuals, known as Khazar warriors, adopted Judaism and used the Hebrew alphabet to create their own language called Yiddish. The speaker also mentions historical events where the Khazars were defeated and forced to migrate to Eastern Europe. They highlight the influence of these individuals in Spain and Portugal, where they worked together to gain positions of power. The speaker then introduces Meyer Amschel Rothschild, who established a financial enterprise with the goal of conquering everything through fractional reserve banking. Rothschild's five sons were sent to different countries to establish banking institutions. The speaker acknowledges the cleverness of their actions but criticizes their evil nature.
Full Transcript
Speaker 0: And when we start talking about the new world order, we are not talking about these people at all. We're talking about these case our warriors that only pretended to embrace Judaism. And so today, we find that about 92% of the people who claim to be Jews, really aren't. They don't have a drop of Semitic blood in their veins. They are case our warriors with a new bent on life, and a goal to conquer, to rape, and to pillage.
And that philosophy has come down over time, and we see how effectively they have implemented it throughout history. Now when they pretended to embrace Judaism. They drew upon the real Jews for some education, and they use the Hebrew alphabet as phonics to codify their kazar language. And so now, We look at that language called Yiddish or Jadish, and find that it is not Hebrew. It only appears to be.
Now these people have run into some trouble over time. In 965 AD, they were overrun by the Vardanians, which was Swedish root Swedish ruled Slavic people. Varganian is the Russian word for Vikings. And they were militarily defeated, which curb their expansion as philosophy for some time. And then in 11:40, they were literally overrun by the Mongols for, Kublai Khan and Genghis Khan.
And they were driven down into Eastern Europe. Their monarch, the king, or Chagan as he was called, fled to, Spain and Portugal. Now because these folks were, a darker, skinned people with black hair and brown eyes. It was easier for them to fit in with the folks of Spain and Portugal and Italy and Sicily than they could to other places where they stood out and look markedly different. And they took a great deal of control in especially in Spain and Portugal.
So much so that they were discovered in conspiracy, because they work together to get themselves, one of them, into a position of authority where that person can work in tandem with others to get more of their people in the authority and positions of power, and working it up to where they're running the show and milked everybody else. After they fled down into Europe, there was one of them, a guy by the name of Meyer Amschel Bauberberg, who decided to enter into clandestine world government. Meyer Amschel Bauberberg used the symbol outside of his father's silversmith shop. A large red shield as inspiration for an alias. And he went by the name of Rothschild.
That's German language for red shield. Now, Rothschild Was born in 17/43, and when he was in his late twenties, he formulated a financial enterprise with 12 other entrepreneurs, but the dedication, with the interest, and the intent of conquering everybody and everything. They're gonna do it with fractional reserve banking, and that turned out to be a very successful tool. We'd found out about fractional reserve banking at the Bank of to Dan and 1610, when, like all fiat money inflations, it came to a roaring bust. And they learned from that, wanted to implement it wherever they could, so that they could be the ones that profited from, benefited from that enterprise.
Now, Meyer Amstel Bauberberg had 5 sons, and he took these 5 sons, and as they became of age. He sent them to foreign countries to operate not an independent banking system, but one in conjunction with the rest of their people. A system whereby Nathan who went to London, and soon proved himself to be shrewd. There was one named Coleman who passed himself off as Carl, and I think he went to Amsterdam. Jacob called himself James at Paris, And we find that throughout the world, in 5 big locations, they had banking institutions that had a very clever idea.
And if these people weren't so evil, it would have been easier to admire what they did. But
@myhiddenvalue - Not A Number
💰💰💰💰💰💰💰💰💰💰💰 Quick 30min documentary on how Rothschild, Rockefeller, and Globalist Elites created the U.S. Federal Reserve system (non-gold backed fiat paper money). https://t.co/nRTZy4MquW
Video Transcript AI Summary
This video reveals the system responsible for inequality in the world today. The government borrows currency by issuing bonds, which are glorified IOUs. The banks buy these bonds and sell them to the Federal Reserve at a profit. The Federal Reserve then creates currency out of thin air by writing checks that have no funds behind them. This currency is used to buy more bonds, and the process repeats, enriching the banks and increasing the national debt. The system relies on ever-increasing levels of debt and is unsustainable. The Federal Reserve is a private corporation with stockholders, and the system is a form of legalized theft. The video encourages viewers to educate themselves and others about the system and join the discussion for a better monetary system.
Full Transcript
Speaker 0: You are about to discover the system that is ultimately responsible for most of the inequality in our world today. The powers that be do not want you to know about this. As this system is what has kept them at the top of the financial food chain for the last 100 years. Learning this will change your life because it'll change the choices that you make. If enough people learn it, it'll change the world because it'll change the system.
For this is the biggest hidden secret of money. Never in human history have so many been plundered by so few, and it's all accomplished through this, the biggest scam in the history of mankind. They say that money doesn't grow on trees, but the truth is that the modern banking system creates currency far faster than trees can grow. Most people don't have a clue how currency is created. Economists and bankers make it sound so complex that people think they can't understand it.
But I'm going to strip our monetary system down to its essence so that you can see the scam behind the curtain and just how it affects you. Every modern society creates currency in pretty much the same way. But since the US dollar is the majority of the world's currency, I'm gonna use the United States as our example. It all starts when some politician says, vote for me, and I'll make sure the government provides you more free stuff than my opponent will. But there's no such thing as a free lunch.
So to provide that supposedly free stuff, the politicians vote for the country to spend more than its income. This is called deficit spending. To pay for that deficit spending, the Treasury borrows currency by issuing a bond. So what's a bond? If you think about it, a bond is really nothing but a glorified IOU.
It's a pretty piece of paper with numbers printed on it that says, loan me a $1,000,000,000,000 today, and I promise over a 10 year period, I'm gonna pay you back that $1,000,000,000,000 plus interest. But what you need to understand is that treasury bonds are our national debt. These glorified IOUs are to be paid back by you and I and our descendants through future taxation. Therefore, when the government issues a bond, it steals prosperity out of the future so that it can spend it today. The treasury then holds a bond auction, and the world's largest banks show up and compete to buy part of our national debt and make a profit on it by earning interest.
You'll notice that as we move through this process, the big banks are there taking a cut every step of the way. This isn't by chance as you'll see shortly. Then through a shell game called open market operations, the banks get to sell some of those bonds to the Federal Reserve at a profit. To pay for the bonds, the Federal Reserve opens up its big old checkbook and writes bad, bogus, counterfeit checks that should balance because they're drawn on an account that always has a zero balance. There isn't 1 penny in there.
To quote from the Boston Federal Reserve, when you or I write a check, there must be sufficient funds in our account to cover that check. But when the Federal Reserve writes a check, there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money. The Fed then hands those checks to the banks, and at this point, currency springs into existence. The banks then take that currency and buy more bonds at the next Treasury auction.
But what is a check? A check is also an IOU. When you write a check, you're making a note that says, here's my IOU for cash. All you have to do is go to the bank and pick it up. Now it's very, very important that you understand this process because we're going to come back later and show you the devastating effect this has on you.
The treasury issues IOUs, bonds. The banks then buy those IOUs with currency. The Federal Reserve then writes IOUs, checks, and hands them to the banks in exchange for the treasuries IOUs, the bonds, and currency is created. So what's really happening is the Federal Reserve and the Treasury are just swapping IOUs using the banks as middlemen and abracadabra presto currency magically springs into existence. This process repeats and repeats over and over again, enriching the banks and in getting the public by raising the national debt.
The end result is that there's a buildup of bonds at the Federal Reserve and currency at the Treasury. This process is also where all paper currency comes from. The Federal Reserve and the government mistakenly call it base money because they didn't watch episode 1 of this series, and they don't know the difference between money and currency. But I will correctly refer to it as base currency because it is not money. It is currency.
And as we've learned, there is a big difference. Money has to be a store of value and maintain its purchasing power over long periods of time. We learned in episode 1 that earlier in our history, our paper currency was just a claim check. It was a representation for real money of intrinsic value, the gold and silver that was held on deposit at the treasury. You could walk into any bank and slap your currency, like, say, a $20 bill on the counter and redeem it for real money, a $20 gold piece.
But now this base currency that's piling up back here is really nothing but a receipt or a claim check on an IOU that bond. So it's really nothing but a supply of numbers. The Treasury then deposits the newly created currency into the various branches of the government, and the politicians say, hey, thanks for that. And the government does some deficit spending on public works, social programs, and war. The government employees, contractors, and soldiers then deposit their pay in the banks.
Now this may come as a shock to you, but when you deposit your currency with the bank, you're not actually depositing it into an account to be safely held in trust for you. Instead, you're actually loaning the bank your currency and within certain legal limits, they can do with it pretty much anything they please. This includes gambling in the stock market and loaning it out at a profit, of course. Now, this is where the machine of currency creation really gets cranking, because this is where something called fractional reserve lending comes into play. Fractional reserve lending is exactly what it says.
The banks are allowed to reserve only a fraction of your deposit and loan the rest out. Although reserve ratios may vary, I'm going to use a 10% reserve ratio as our example. If you deposit $100 in your account, the bank can legally take $90 of it and loan it out without telling it. The bank must hold $10 of your deposit in reserve just in case you want some of it. These reserves are called vault cash.
But why does your bank account still say you have $100 if the bank has stolen $90 of it? Because the bank left IOUs it created called bank credit, in its place. Now I know this sounds crazy, but here it is in black and white from the Fed. Commercial banks create checkbook money when they grant a loan simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU. These are nothing but numbers that the banks type into their computers.
And even though these bank credit IOU numbers are very different from base currency numbers, because they only exist in computers, they are still currency. So now, there is $190 in existence. Now the reason people take out loans from the banks is to buy something. They're going to buy a house or a car or something like that. So the borrower takes the $90 that the bank loaned to him from your account and he pays the seller of the item.
But then the seller deposits that currency into his account, and his bank loans out 90% of that and leaves bank credit numbers in its place. So now there's $271 in existence. This process repeats and repeats until under a 10% reserve ratio. An initial deposit of just $100 can create up to $1,000 of bank credit, all backed by $100 of bulk cash, just 10%. But as I said, reserve ratios vary wildly.
On some deposits, it's 10%. On others, it's 3%. And on some forms of deposits, reserve requirements are 0. The result is that the expansion of the currency supply by the banks is far greater than even this and then it gets redeposited and relent, redeposited and relent, redeposited and relent over and over again creating bank credit all the way. This is where the vast majority of our currency supply comes from.
In fact, 92 to 96% of all currency in existence is created not by the government, but here in the banking system. Now massive amounts of currency spewing into society may at first sound like a fun idea. That is, until you remember one of the most important hidden secrets of money from episode 1, That the prices of everyday goods and services act as a sponge on an expanding currency supply. The more currency we have, the more prices rise. This is where inflation comes from.
The true definition of inflation is an expansion of the currency supply. Rising prices are merely the symptom. So our entire currency supply is nothing but a couple of bucks whipped up in this hocus pocus scam where the treasury and the federal reserve swap glorified IOUs and a bunch of numbers that the banks just type into their computers. That's it. That's our entire currency supply.
It's nothing but a supply of numbers. Some of them printed, most of them typed, and there is nothing else. But if you thought that was crazy, get ready to enter the twilight zone of modern economics. We work for some of that currency supply. True wealth is your time, but we trade away moments of our lives hour by hour, day by day, and year by year for numbers that somebody printed on pieces of paper or just typed into a computer.
Now those numbers represent our blood, sweat, tears, labor, ideas, and talent. We are what gives the currency its value. But here comes the really cool joke. We work hard so that we can save some of that currency so that we can pay the tax collector in the United States, known as the IRS. They then turn it over to the Treasury so that the treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check drawn on an account that has nothing in it.
Now let's do a recap on this section because this is where the system begins to rob you and I on a massive scale. Much of our taxes are not used for schools, roads, and public services, but to pay interest on bonds that the Federal Reserve bought with a check drawn on an account that has nothing in it. The Federal Reserve is committing fraud, but here's one of the biggest secrets of them all. Before the establishment of the Federal Reserve, there was no need for personal income tax. The Federal Reserve was created in 1913, and that very same year, the constitution was amended to allow income tax.
Do you really think this was just a coincidence? Ask yourself how much income tax you've paid over your lifetime. Much of it has been silently siphoned away into the hands of those who own the system. Yes. This system has owners.
Who they are is an even bigger secret that we'll get to shortly. But first, we need to understand the mumbo jumbo of the so called debt ceiling. It's all based on a huge paradox. There was interest due on that bond, and there was interest due on every one of those loans that the banks made. That means that there is interest due on every dollar in existence.
Let me ask you something. If you borrow the very first dollar into existence and that's the only dollar that exists on the planet, but you promise to pay it back plus another dollars worth of interest, where do you get the 2nd dollar to pay the interest? The answer is that you have to borrow that one into existence and promise to pay it back with interest as well. So now there are $2 in existence, but you owe 4, and so on and so on. The result is there's never enough currency to pay the debt.
There is always more debt in the system than there is currency in existence to pay the debt. Therefore, the whole system is impossible. It is finite. It will come to an end one day. What would happen if the government stopped borrowing to do deficit spending?
Are the payments on those treasury bonds going to stop? What would happen if the public stopped borrowing and going deeper into debt? Are your house and car payments going to stop? No. There is a payment due every month on the principal plus the interest on every dollar in existence, and those payments do not stop.
If we stop borrowing, then no new currency is created to replace the currency that we used to make those payments. Whether you're making a payment on a loan or paying tax to make a payment on a bond, the portion of the payment that goes to pay off the principal extinguishes that portion of the debt, but the debt also extinguishes the currency. Currency and debt are like matter and anti matter. When they meet, they annihilate each other. If we just pay off the principal only on all the loans and bonds that exist, the entire currency supply just vanishes.
So if we don't go deeper into debt every year, look what happens. The whole thing goes into a deflationary collapse under the weight of those payments. Politicians and pundits alike talk about balancing the budget, paying down the debt, and living within our means. They don't understand that that is deflationary. It is impossible to do under our current monetary system without collapsing the whole economy.
This is why any talk of a debt ceiling is not only ridiculous, it's delusional. The system is designed to require ever increasing levels of debt just to continue. And that's why politicians will always kick the can down the road and raise this so called debt ceiling over and over again until the whole system finally collapses under its own wave. In other words, they don't want it to collapse on their watch. The founding fathers of the United States knew the dangers of central banking and fought to free themselves from this very thing.
The revolutionary war started out as a tax revolt, but now we must pay tax just to have a monetary system. Having just suffered through the hyperinflation of the continental dollar, which was printed into oblivion to finance the revolutionary war, they understood the dangers of fiat currency and debt based monetary systems. So to protect future generations from institutional theft and out of control government, they wrote into the constitution that only gold and silver can be money for the simple fact that you can't print them. Our current system is not only unconstitutional, but it robs us of the liberty and prosperity our forefathers fought and died for. We are all feeling the effects of ignoring the constitution right now.
By forcing more currency into circulation, our purchasing power is diluted. Inflation is a slow and insidious stealth tax that is simply the result of this debt based monetary system. This system empowers and benefits those who create the currency and receive it first as they get to spend it into circulation before it has an effect on the economy. They're stealing purchasing power from you and transferring it to the banks and the government every hour of every day because of this false monetary system. And it's not like the people at the top don't know this.
To quote the Fed Reserve, the decrease in purchasing power incurred by the holders of money due to inflation imparts gains to the issuers of money. This is a fraud. It is a pyramid scheme. It is a Ponzi scheme. It's a scam, and it's a lie.
Our entire monetary system is nothing but a form of legalized theft. But here's the biggest con job of them all. The Federal Reserve is not federal. It has stockholders. There is no federal agency that has stockholders.
What's a stockholder? A share of stock represents a percentage of ownership in a corporation. So the stockholders are the owners of that corporation. Therefore, the Federal Reserve is a private corporation with owners. And you can see it for yourself if you go to the Federal Reserve's website, and it will say, the stockholders receive an annual dividend of 6%.
Now we know that the stock in the Federal Reserve was originally issued to the largest banks in the United States. But because of mergers and acquisitions through the years, you can't actually trace who owns the stock in the Federal Reserve. That's a very closely guarded secret. My guess would be that the owners are those primary dealers, the banks that get to make a profit by selling part of our national debt, those bonds to the Federal Reserve who buys them with a check for nothing. Then we pay tax to pay the principal and the interest on those bonds so that the Federal Reserve can pay the banks a 6% dividend.
Don't be alarmed if you don't quite comprehend the deception of this system at first glance. Very few people do. It is purposely complex. The economist John Maynard Keynes once wrote, by this means, government may secretly and unobserved confiscate the wealth of the people and not 1 man in a 1000000 will detect the theft. I believe that presented correctly, anyone can understand this system regardless of how complex it is.
So let's do a recap and break it down even more. The way the system works is that step 1, the government creates glorified IOUs. These bonds increase our national debt and put the public on the hook to pay it back. Step 2, IOUs are swapped to create currency. The treasury sells the bonds to the banks.
The banks then turn around and sell our national debt at a profit to the Federal Reserve, which they probably own. The Federal Reserve then opens its checkbook that doesn't have a penny in it and buys those IOUs with IOUs that it writes checks on a checking account that has a zero balance. Then they give those checks to the banks and currency just springs into existence, and then the whole process repeats. This results in a buildup of bonds at the Federal Reserve and currency at the Treasury, which is really just a supply of numbers. The Treasury then deposits the numbers in the various branches of the government, and we get to step 3.
The government spends the numbers on promises, public works, social programs and war. Then the government employees, contractors and soldiers deposit their pay into the banks. And we get to step 4, where the banks multiply the numbers by magically inventing more IOUs through fractional reserve lending, where they steal a portion of everyone's deposit and lend it out. That currency gets redeposited, and then a portion is stolen again. And the process repeats over and over, magnifying the currency supply exponentially.
Then we work for some of those numbers, which brings us to step 5, where our numbers are taxed. We pay tax to the IRS who then turns our numbers over to the Treasury, so the Treasury can pay the principal plus the interest on bonds that were purchased by the Federal Reserve with a check from nothing. Then we get to step 6, the debt ceiling delusion. The system is designed to require ever increasing levels of debt and will eventually collapse under its own weight because politicians always kick the can down the road. They don't want it to collapse on their watch.
And finally, step 7, the secret owners take their cut. The world's largest banks own the Federal Reserve. Those banks make a profit selling our national debts to the Fed. They make a profit when the Fed pays them interest on the reserves held at the Fed, and the Fed pays them a 6% dividend on their ownership of the Fed. This system is fundamentally evil.
It funnels wealth from the working population to the government and the banking sector. It is the cause of the artificial booms and busts of modern economies, and it causes great disparity of wealth between the rich and the working class. And it is only possible because we no longer use real money. We use currency. But worst of all, it is a form of enslavement.
Bond is the root word of bondage. Whenever a government issues a bond, it is a promise to make us pay tax in the future. Nobody asked you if you wanted to pay tax today for the prosperity we all enjoyed in the last century. Nobody is asking our children if they want to work hard in the future to pay for the prosperity we're enjoying now. George Washington once wrote to James Madison, no generation has the right to contract debts greater than can be paid off during the course of its own existence.
By stealing prosperity from tomorrow so we can spend it today, we enslave ourselves and future generations. Now this all sounds pretty bad, but there is great hope for you are the greatest threat to this false monetary system. This system relies on the public being ignorant of its workings. Please share this knowledge with everyone you know because an informed public that fully understands the system can build a better future for generations to come. And now I leave you with this quote widely attributed to a former director of the Bank of England.
The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin. Bankers on the earth take it away from them, but leave them the power to create money and control credit. And with the flick of a pen, they will create enough money to buy it back again.
But if you want to continue as the slaves of bankers and pay the cost of your own slavery, let them continue to create money and to control credit. This is the Federal Reserve in Washington DC. It's located on Constitution Street, and that is just as much of a joke as the New York Fed being located on Liberty Street. Both of them are unconstitutional. Both of them limit our liberty, and they transfer wealth away from us every second of every day to the Federal Reserve, to the government, and to the banking sector.
You are now among the 1000000 who can detect the theft of your prosperity. So the big question is, what can you do about it? 1, watch this video until you can describe and teach it to others. Those who understand this system can make preparations for its unavoidable collapse and protect themselves. History shows that those who don't will probably be wiped out.
2, share this video with everyone, especially those you care about. All it takes is a mouse click or 2 to get this message in front of 1,000,000. Post this video on Facebook, tweet it, email it to loved ones. Please share it wherever you can. 3, join the conversation.
The current world monetary system is based on a 300 year old design meant to enrich a few at the expense of the money. There must be a better way. At hidden secrets of money.com, we've created an open source platform for the design and development of a new world monetary system. We are calling on every economist, every student, every college, every bright mind, and anyone who cares to join the discussion. In educating ourselves and each other, we can prevent the further loss of our freedoms and maybe, just maybe, win some of them back.
Speaker 1: I think, your episode 4 is very beneficial, very helpful. It's gonna introduce these ideas to a lot of people. And like I've just been talking about, we have to change people's mind. And the more they understand it, the better. And I think we're at this point now where more people in the last several years, 4, 5 years, have thought about the Fed than they ever have in the last the previous 95 years.
So I think an explanation and diagrams to show it is very helpful because quite frankly, they're not gonna get it in their grade school. They're not gonna get it in their high school. They're not gonna get it in college unless they're in a very rare circumstance to understand how, how this works.
Speaker 2: You know, for years before I got involved in, really studying gold and some of the things I write and talk about today, I was a monetary economist for decades. You know, in your video, you talk about the primary dealers. I was chief counsel and chief credit officer, one of the largest primary dealers for 10 years. So I had an inside seat on the Treasury market and have the privilege of working with several, former vice chairman of the Board of Governors, Manley Johnson and David Mullins, going back to the eighties nineties. So I'm very immersed in what you were talking about.
I thought it was extremely accurate, extremely clear. I didn't think you were stretching on any points. It was it was really like something out of a PhD course, except that it was very easy to understand. I think it's accessible. I think we're seeing a little bit of a revolution in communications in the following sense.
You know, as you point out, the Fed was created in 1913. Well, in 1913, there was no web. There was no YouTube, no Twitter. There's really no one to kind of stand up and oppose the Fed or call them out, if you will, or really get into a discussion that everyday Americans could follow. That's not true now with social media and everything else.
You can reach out to 1,000,000 and tens of millions of people and tell them what's going on. I think you've done that. You've done it successfully. I applaud it. I think this is a great video.
I look forward to seeing it again. I know millions of people will enjoy it.
Speaker 3: Well, as we know, the Federal Reserve believes it can create money out of thin air, not realize money is supposed to represent real products and services. And what people don't realize is when the Fed does that, in effect, as Keynes pointed out, it's a form of taxation. It's a form of confiscation. And because people don't see it, the politicos get away with it, but it also undermines social trust. It just is corrosive throughout society.
We're going to have a lot of turmoil in the coming years, but it's gonna be the kind of turmoil that leads to positive things. So, don't despair. Get out there and fight because, the tide is gonna turn. This is gonna be the status last stand.
Speaker 0: Thank you.
Speaker 4: This episode of Mike Maloney's hidden secrets of money was brought to you by goldsilver.com and the new Silver Pegasus round. To learn how to protect your family and turn the coming economic storms into opportunity, visit goldsilver.com.
reSee.it AI Summary
The Rothschilds, led by Amschel Mayer Rothschild, established Central Banks in major countries, gaining control over funding for wars and the creation of the Federal Reserve. Nathan Mayer Rothschild famously stated that controlling Britain's money supply meant controlling the British Empire. The five sons of Mayer Amschel Rothschild each founded branches in different cities, solidifying their influence over global finance for over two centuries.
@RedpillDrifter - Redpill Drifter
THE CENTRAL BANKS WERE FORMED AND RAN BY THE ROTHSCHILDS Amschel Mayer Rothschild sent his sons out to start Central Banks in all the major countries. The banks quickly took over and began funding both sides of major wars and the eventual creation of the Federal Reserve "I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply." - Nathan Mayer Rothschild "Mayer Amschel Rothschild's five sons were: Amschel Mayer (1773-1855), who succeeded his father as the head of the Frankfurt establishment; Salomon Mayer (1774-1855), who founded a branch in Vienna, Austria; Nathan Mayer (1777-1836), who founded a branch in London; Karl Mayer (1788-1855), who founded a branch in Naples, Italy; and James or Jakob (1792-1868), who founded a branch in Paris." The Rothschilds: Controlling the World's Money Supply for More Than Two Centuries https://www.donaldwatkins.com/post/the-rothschilds-controlling-the-world-s-money-supply-for-more-than-two-centuries
Video Transcript AI Summary
The Rothschilds, a powerful banking family, have influenced world events for centuries. They control vast wealth, media outlets, and even the world's gold supply. The family has been involved in shaping governments, economies, and wars. They played a key role in establishing the Federal Reserve System in the United States. Their influence extends globally, with control over central banks in many countries. The Rothschilds' power is vast, impacting the lives of millions worldwide.
Full Transcript
Speaker 0: Article that the Rothschilds had purchased Jerusalem in 18/29.
Speaker 1: Rothschild have found, Israel, and Rothschild has always been the backer of Israel. Whatever Rothschild wants, he gets. It it is believed that he is the richest man in the world, and I I have little doubt of
Speaker 0: that. In 18/97, the first Zionist Congress was held in Basel, Switzerland and was shared by Theodore Herzl. Jewish delegates from across Europe agreed that Palestine should be given to them. Prior to his death in 19 0 4, Herzl predicted that a world body will one day give Palestine to the Jews and that he will go down in history as the father of the Jewish state. For Herzl's dream to come true, European military powers would have to be manipulated and used into taking Palestine away from the Ottomans by force.
Around 250 years ago, in 17/60, mayor Amschel Rothschild created the House of Rothschild that paved the way for international banking in control of the world's resources.
Speaker 2: Money is power. Money is the only weapon that you have to defend yourself with.
Speaker 3: Mayer Amschel Bauer, born in Frankfurt, Germany in 1744, was a moneylender and a goldsmith on Jew Street whose shop had a sign out front with a red hexagram on it. Eventually, he would change his name to Rothschild, which is German for red sign. Rothschild soon learned that loaning money to governments and kings was more profitable than loaning money to private individuals. Not only were the loans bigger, but they were secured by the nation's taxes. Mayer Rothschild had 5 sons whom he trained in the skills of money creation and sent out to the major capitals of Europe to open branches of the family banking business.
Speaker 2: You are 5 brothers. I want you each to start a banking business in a different country. One to go and open a house in Paris, one in Vienna, one in London, choose the most important sectors so that when money is to be sent from here to London, let us say, You won't have to risk life and gold. And here, here in Frankfurt, will just send a letter to Nathan in London saying, pay so and so, and that will be offset by loans from London to Frankfurt. You understand?
In your day, there'll be many wars in Europe. A nation that have money to transport will come to the Rothschilds because it will be safe. Our 5 banking houses may cover Europe, but you will be one firm, one family, Rothschilds, who work always together.
Speaker 4: Just how rich and powerful is lord Evelyn Rothchild? Historically, the Rothchild family wealth was hidden in underground vaults. The Rothchild's secret financial records were never audited and never accounted for. Their family commissioned biographies give the illusion that their family fortune has dwindled, but researchers estimate their wealth at close to $500,000,000,000,000 more than half the wealth of the entire world. Besides their many castles, palace mansions, wineries, racehorses, and exotic resorts, the Rothschilds bought Reuters in the 1800.
Reuters then bought the Associated Press, which selects and delivers the same news stories to the entire world day after day. They have controlling interest in 3 major television networks and easily avoid media attention since they own it. Until recently, they owned and operated England's Royal Mint and continue to be the gold agent for the Bank of England, which they also direct. They control the LBMA, London Bullion Market Association, where 30 to 42,000,000 ounces of gold worth over $11,000,000,000 are traded daily. The Rothschilds earn 1,000,000 weekly just on transaction fees alone.
They also fix the world price of gold on a daily basis and profit from its ups and downs. Over the centuries, the Rothschilds have amassed 1,000,000,000,000 of dollars worth of gold bullion in their subterranean vaults and have cornered the world's gold supply. They own controlling interest in the world's largest oil company, Royal Dutch Shell. They operate phony charities and offshore banking services where the wealth of the black nobility in the Vatican is hidden in secret accounts at Rothschild Swiss Banks, Trusts, and Holding Companies. Although Evelyn Rothschild looks like a harmless gray haired old man, make no mistake about it.
Rothschild and his ancestors have handpicked presidents, crashed stock markets, bankrupted nations, orchestrated wars, and sponsored the mass murder and impoverishment of 1,000,000. The well, hoarded by this one family alone, could feed, clothe, and shelter every human being on Earth.
Speaker 0: The Rothschilds is the head of the snake. Within the city of London, there is a 1 mile square that is referred to as the city. This is the headquarters of the Jewish family, Rothschild's banking dynasty, that owns the money supply through the central banks of almost every nation on earth. In November 1910, 7 of the world's richest Jewish men held a secret meeting on Jekyll Island just off the coast of Georgia to establish a central bank, which they called the Federal Reserve Bank. These men were Nelson Aldrich and Frank Vanderlippe, both representing the Rockefeller Financial Empire.
Henry Davidson, Charles Norton, and Benjamin Strong representing JP Morgan, and Paul Warburg, representing the Rothschild Banking Dynasty of Europe. There were some powerful men who made abundantly clear that they were not in favor of the Federal Reserve System. Their total wealth today would be worth nearly $11,000,000,000 These were Benjamin Guggenheim, Isidore Strauss, and Jacob Baster. Unfortunately, all of them were aboard Titanic when it sank to the depths of the sea. All 3 died that night.
By April 1912, all opposition to the Federal Reserve had been eliminated. On December 23rd 1913, after many senators and congressmen had left town for Christmas, the president Wilson signed a bill and the privately owned Federal Reserve System came into being in the United States. After Woodrow Wilson had signed the Federal Reserve Act, which gave private interest control over economic power in 1913, he said, I'm a most unhappy man. I've great industrial nation is now controlled by its system of credit. Our system of credit is concentrated.
The growth of the nation, therefore, and all our activities are in the hands of a few men. We 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 endures of a
The Rothschilds: Controlling the World's Money Supply for More Than Two Centuries
By: Donald V. Watkins© Copyrighted and Published on December 27, 2019The Rothschilds have been in control of the world's money supply for more than two centuries. Yet, most Americans have never heard of them.The family's business empire encompasses a diverse range of business interests, including investment banking, asset management, mergers and acquisitions, mining, energy mixed farming, wineries, and charities.The Rothschilds are a family of Jewish financiers. The family's emergence in the
donaldwatkins.com
@Vuk02577707 - Wolf
⛔️Rockefeller’s 1991 leaked speech will give you the chills. Take a listen and watch carefully. They have always aimed to create a world system of financial control in Private hands, able to dominate the political system of each country and the economy of the world as a whole. https://t.co/sDxTUrWBVB
Video Transcript AI Summary
In a 1991 closed meeting, David Rockefeller expressed gratitude to media allies like the Washington Post and The New York Times for their discretion over nearly 40 years. He believed that without this cooperation, their global plans would not have been possible. Rockefeller noted that the world had become more sophisticated and was ready to move towards a world government. He outlined the goal of establishing a financial control system in private hands, aimed at dominating the political and economic systems of individual countries and the world as a whole, seeking total and quiet control globally.
Full Transcript
Speaker 0: At a 1991 closed door meeting of fellow internationalists, billionaire and former CFR chairman, David Rockefeller, praised his media allies, but his confidence that his words would not leave the room was later broken.
Speaker 1: We are grateful to the Washington Post, The New York Times, Time Magazine, and other publications whose directors have attended our meetings and restricted their policies of discretion for almost 40 years. It would have been impossible for us to develop our plan for the world if we had been subject to the right flights of publicity. That the world is now more sophisticated and prepared to march toward the world government.
Speaker 0: That these men aim to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. In short, they seek total and quiet control of the entire world.
reSee.it AI Summary
I believe the Federal Reserve operates as a slavery system through usury, controlled by elites like the Rothschilds and JP Morgan. Jerome Powell's recent admission about his power over the President highlights this issue. It's time for America to print its own money.
@DeutscherJ1776 - 𝕲𝖊𝖗𝖒𝖆𝖓𝖎𝖈 𝕱𝖗𝖊𝖓
End the Federal Reserve, it is a slavery system via Usury and is not a Government-owned bank, it is a centralized private bank setup by the Elites like Rothschilds, JP Morgan, Rockefeller, and Jerome Powell just admitted he has power over the President by refusing to resign. America needs to print its own money.
Video Transcript AI Summary
Usury, or charging interest, was historically illegal in Christian nations, leading to Jewish money lending. As they provided loans, they accumulated wealth, prompting kings to expel them repeatedly. This cycle of expulsion occurred over centuries, contributing to the Jewish diaspora. Napoleon noted that compound interest could eventually consume all property, highlighting its potential for economic domination. Today, debt slavery exists, where individuals are burdened by loans and interest, akin to historical forced slavery. Pareto's principle illustrates that a small percentage of people often own most resources, a phenomenon observed in early banking in Italy. Understanding the formula of time multiplied by compound interest reveals its power, especially in long-term investments.
Full Transcript
Speaker 0: Usury. Any interest rate is called usury. Usury is illegal. So in Christian nations, lending money for an interest rate was illegal. So because it was illegal for the Christians, who did the lending?
The Jews. So there was Christians who could lend for 0% or didn't lend at all and then these people called, the Jews would come over and start lending money. They would start charging money. And in a couple generations, guess what would happen to the economy? The Jews owned everything.
And then guess what the king did? Rounded them up and threw them out of the country. Then they go to the next country, and what would they do? Same thing. And what would that king do?
Round them up, kick them out of the country. This went on for 1000 of years. This is this is why the Jews in history have had no country because the king would have they would say no usury, no money lending, and they would start the money lending, they would start the central bank to compete with the king, the king would kick them out. They go to the next country, do it again. So this has happened over and over and over again because this quote right here from Napoleon, he was shown the compound interest tables and he said in a very short amount of time, compound interest would eat up every piece of property in France.
In fact, I'm going to show you how powerful compound interest is, very scary thing. And there's a reason why it was illegal, illegal, illegal, illegal in the Christian nations and the Christian philosophy because it would literally enslave people. Guys, the interest on credit cards enslave people today. Does student loans enslave people today? We no longer have forced slavery.
We have debt slavery now. It is no longer forced slavery. There's not a mass with a whip whipping you anymore to pick cotton or something like that or build wallets or whatever you're doing, build boats, all sorts of slavery. We now have debt slavery where somebody prints money and you now have to pay the money back plus interest. Okay.
So Pareto's principle. In Italy, an economist named Pareto noticed that 80% of the land was owned by 20% of the families. The start of modern banking was in Italy. You had the Jewish population there and they would exchange gold for notes. And in Italy, you had the Pareto principle where 80% of the land was owned by 20% of people.
Who's heard of the eightytwenty rule before? That's from Italy. And I want you to write this formula down, time times compound interest equals power. And today, when you guys are investing in your game, we're gonna be doing 30 years of investing over 3 days. So you've got lots of time and you have compounding numbers.
So when you compound numbers over time, that becomes extremely powerful.
reSee.it AI Summary
I’ve shared insights on the Federal Reserve Act of 1913, revealing its origins tied to a secretive group of bankers and its constitutional contradictions. I discussed how historical events like the Great Depression were influenced by banking interests and highlighted Nelson Aldrich's role in establishing the Federal Reserve. I also touched on MKULTRA's dark legacy, including unethical experiments and connections to powerful figures. The overarching theme is the pervasive influence of banking families in global affairs and the importance of understanding these historical contexts to navigate current issues.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
Few know that the Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph 5 of the United States Constitution by creating a "central bank of issue" for the United States. Even fewer know that the Federal Reserve Act was written in secret by the Eastern bankers . It was a conspiracy among Paul Warburg, Edward Mandell House, Woodrow Wilson, J.P. Morgan, Benjamin Strong, Otto Kahn, the Rockefeller family, the Rothschild family, Harriman family and other European and American bankers that led to the founding of the U.S. Federal Reserve System. The Fed is not Federal and it has no Reserves. It is a private corporation that exists to collect usury from Americans. This is why Powell said no Trump can fuck off if he attempts to fire him. Know your history of how the Fed is organized by Paul Warburg who wrote the charters for the Fed in 1907-1913. Read Paragraph one below.
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2. Few realize that World War I, the Agricultural Depression of 1920, and the Great Depression of 1929 were brought about by international banking interests in NY and London to profit from conflict and economic instability. One just has to look to the Federalist Papers of Thomas Jefferson to see his staunch opposition to the establishment of a central bank in the United States. in 1913 the architect Warburg used Kuhn, Loeb & Co. and the House of Morgan for fronts for the Rothschilds/Rockefeller scheme. History now shows clearly that their were financial interests connected to the J. Henry Schroder Company and the Dulles brothers who helped facilitate the financing of Adolf Hitler by the Rothschilds and Rockefeller in an eloboarte plot to regain the allodial title of the USSR and USA. Hitler disdained international finance but he was convinced by the Royals, specifically Edward VIII to take the money from his bankers. The 1933 Concordant with the Popes was part of this plan. The Rothschilds/Rockefellers remain even today "world monopolists" and today modern globalists who have intercallted into the WEF/WHO/UN/NATO. The Rockefellers and City of London bankers own the Federal Reserve, because with some forensic accounting work you can see they own much of the stock of its member banks. BlockRock is now their proxy. If you trace stock ownership, as it changed hands via mergers and acquisitions, from the inception of the Federal Reserve in 1913 to the early 1980s you'll see it all in plain sight.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
3. Learn about Nelson Aldrich. He led the passage of the Aldrich–Vreeland Act, which established the National Monetary Commission to study the causes of the Panic of 1907. He served as chair of that commission, which drew up the Aldrich Plan as a basis for a reform of the financial regulatory system. The Aldrich Plan strongly influenced the Federal Reserve Act of 1913, which established the Federal Reserve System. Aldrich also sponsored the Sixteenth Amendment, which allowed for a direct federal income tax. the SCOTUS DECISION HOWEVER CLEARLY STATES THE 16th AMENDMENT ALLOWS FOR NO NEW TAX. IT NEEDS TO SCOTUS CHALLENGE NOW. OR MAYBE DJT HAS A PLAN? Aldrich, history books tells us, was deeply committed to the efficiency model of the Progressive Era, he believed that his financial and trade policies would lead to greater efficiency. Reformers, however, denounced him as representative of the evils of big business. His daughter Abigail married American financer John Davison Rockefeller Jr. who was the son of Standard Oil co-founder John D. Rockefeller. John Rockefeller famously told Congress during the break up of Standard Oil that he would make sure his actions from this day forward would bankrupt America. Well with the Fed and his creation of BigHarma he now sounds like a prophet. His descendants, including namesake Nelson A. Rockefeller, became powerful figures in American politics and banking and are the key architects in modern globalism. If you bank at Chase you support his crimes.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
4. Aldrich had some interesting ideas that link to DJT admonitions over the last few weeks. Namely on tariffs. He became a partner in a large wholesale grocery firm and won election to the Rhode Island House of Representatives. He only served a single term in the United States House of Representatives before winning election to the Senate in RI. In the Senate, he helped to create an extensive system of tariffs that protected American factories and farms from foreign competition, and he was a cosponsor of the Payne–Aldrich Tariff Act. He also helped win Senate approval of the 1898 Treaty of Paris, which ended the Spanish–American War.
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5. Following the Panic of 1907, Aldrich took control as chairman of the Congressionally established National Monetary Commission. A proponent of Progressive Era themes of Efficiency and scientific expertise, he led a team of experts to study the European national banks. After his trip, he came to believe that Britain, Germany and France had much superior central banking systems. He worked with several key bankers and economists, including Paul Warburg, Abram Andrew, Frank A. Vanderlip, and Henry Davison, to design a plan for an American central bank in 1911. This work included a trip to Jekyll Island in 1910 to finalize the details of the federal reserve banking plan. In 1913 Woodrow Wilson signed into law the Federal Reserve Act patterned after Aldrich’s vision, creating the modern Federal Reserve System. Did you know, three key rich people who opposed Aldrich plans at Jekyll Island were all on the Titanic.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
7. Interesting that an iceberg was in this story.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
8. Anyone see this tweet in the last few days? Did you find it odd?
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
9. I told ya' in several podcasts about Dr. Kurt Plotner. He was the SS MD who was found on the NY docks by Meyer Lansky and turned over the to the US military. What he told the ONI, OSS, and Lansky was relayed to all inteliigence agencies. This is where MKULTRA began. What did Lansky uncover for the USA and the zionists of the time? The Monarch program is based upon Illuminati and Nazi goals to create a Master race in part through genetics. The Illuminati and Nazis are synonyms for the people Nelson Aldrich worked with and for.
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10. Dr. Kurt Plötner participated in a series of research tasks involving human experimentation at the Dachau concentration camp during the Second World War II. These included participation in the malaria experiments of Claus Schilling, in which prisoners were injected with drugs at lethal doses. In 1944, he was given Dachau physician Sigmund Rascher's role as head of the "Department R" of the Ahnenerbe project for carrying out experimental work on living subjects. Plötner also administered the hallucinogen mescaline to Jews and Russian prisoners, watching them display schizophrenic and mental behavioral changes, as part of the Nazi search for a truth serum that could be employed as an aid in interrogations. It was also used initially for a mond control drug. It failed on both accounts. This information was captured by Lansky on the docks of NY harbor and given to Groves, MOSSAD, & Boris Pash. It is believed that Lansky was the famous NYC gangster that the CIA has admitted to below who actually participated early in MKUTLRA. Plötner's work in the concentration camps came to the attention of Boris Pash, an American intelligence officer who would go on to work in the CIA at the time of Operation BLUEBIRD/Artichoke in the 1940s. This document below was formerly classified document from 1952 on the CIA’s Project BLUEBIRD, an offshoot of Project MKULTRA which focused on hypnosis and behavior modification as a means of preventing Agency employees from providing intelligence to adversaries, was obtained from the CIA Freedom of Information Act Reading Room. Y'all do not know your history well enough for me. https://publicintelligence.net/cia-bluebird/
CIA Special Research Project Bluebird 1952 | Public Intelligence
publicintelligence.net
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11. Instead of treating him like a War Criminal, the United States Navy's intelligence officers recruited him in 1945, permitting him to continue his interrogation research for the new MKULTRA program in the USA. Plötner proceeded to live under the name of "Schmitt" in Schleswig-Holstein into the early 1950s. Despite Plötner's actual residence in this western German zone, when the French government sought to have Plötner prosecuted in 1946 and appealed to the United States for assistance, the Americans replied that he could not be located, and was probably being shielded by the Soviet Union. He subsequently was able to quietly resume his real identity in 1952, at which time he was hired by the University of Freiburg in West Germany. He became an associate professor in 1954. Plötner died on February 26, 1984.https://www.cia.gov/readingroom/docs/CIA-RDP81-00261R000300050005-3.pdf
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12. History books are written by the victors. But the diligent can still find the truth in their sea of lies.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
13. Investigative efforts around MKULTRA's real purposes were hampered by the fact that CIA Director Richard Helms ordered all MK-ULTRA files destroyed in 1973; Helms was intimately involved with William Casey in the Octopus program that began in the Carter administration and dominated the Reagan agenda. It manifested in the drug cartel connections to money laundering for CIA benefits of covert ops. The Church Committee tried to expose it, but the simultaneous Rockefeller Commission tried to keep most things in it COVERT. Investigations had to rely on the sworn testimony of direct participants and on the relatively small number of documents that survived Helms' destruction order. Although the CIA insists that MK-ULTRA-type experiments have been abandoned, 14-year CIA veteran Victor Marchetti has stated in various interviews that the CIA routinely conducts disinformation campaigns and that CIA mind control research continued. In a 1977 interview, Marchetti specifically called the CIA's claim that MK-ULTRA was abandoned a "cover story" perpetuated by the Rockefeller Commission. This is where the Brain Health Initiatives were born and placed in Central and South America with the help of the Volkow family in Mexico. Light and drugs used on the HPA axis were the core of their study. On the Senate floor in 1977, Senator Ted Kennedy said: The Deputy Director of the CIA revealed that over thirty universities and institutions were involved in an "extensive testing and experimentation" program which included covert drug tests on unwitting citizens "at all social levels, high and low, native Americans and foreign." Several of these tests involved the administration of LSD to "unwitting subjects in social situations." At least one death, that of Dr. Frank Olson, resulted from these activities. The Agency itself acknowledged that these tests made little scientific sense. The agents doing the monitoring were not qualified scientific observers. MKULTRA DESIGN WAS TO HURT PEOPLE BY CONTROLLING THEM The banking families who own the Fed. Rockefellers and Rothschilds.
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14. Everything I have done over the last 18 months is reflected here in this documentary. Watch it in total to understand what you have missed. Your life depends on it and the next 50 generations of your family is being sold into economic slavery. Why does DJT want to get rid of Income tax? That is the usuary that Paul Warburg got for the banking families in the Fed.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
15. Do your homework. https://aim4truth.org/2018/04/17/exposed-all-the-queens-agents-and-corporations-that-control-the-world/
EXPOSED: All the Queen’s Agents and Corporations that Control the World
We may not realize it, but we are still subjects of the British Monarchy. American history books and classes indoctrinated (propaganda) us into believing we had won the American Revolution. But we didn't. We are still subjects of Queen Elizabeth.
aim4truth.org
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
16. The extra mile is a vast, unpopulated wasteland where the Black Swan mitochondriac goes. People say they go the extra mile, but almost no one actually does. Most people think, "Wait, no one else is here. Why am I doing this?" The Black Swan is rare because their mindset is unique. That's why the extra mile is such a lonely place for the common man. That's also why the extra mile is a place filled with opportunities and time expansion. Be early. Stay late. Make the extra phone call. Send the extra email. Do the extra research. Know the history help human thrive. Help a person solve a difficult problem. Help a customer unload or unpack a shipment. Don't wait to be asked for help; offer. Every time you do something, think of one extra thing you can do--especially if other people aren't doing that one thing. In this unpopulated wasteland, many will ask you why you persist. Tell them your using nature's light to sculpt your life by thinking better than you did before. Sure, it's hard, to think anew and adapt. Being solo in the modern world is not something to fear........it is something to conquer. I been doing it for 20 years. But that's what will make you different and unique--and over time, it will make you incredibly successful when you begin to write your next chapter. It will be a book all will want to read when the see the words of your story spill all over the pages...........
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17. For those of you who do not know what happened between the MKULTRA Program from 1953-1964 then transferred to Stanford Reseach Insitute in 1946-2013 and finnally to the 2013 Brain Health Initiative of Barry Obama Here is what Clinton copped to in 1995. Why did Jeffrey have this over his mantle. Connecting any dots? Awake yet?
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@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
19. If you listened to the Danny Jones Podcast I did you'll hear about who partook in the Marshmallow experiment as a children. Esther Wojcicki the mother of Susan and Anne and the former Mother in law of Sergey Brin set it up for all the future Big Tech leaders to go through at SRI. Dr Kruse mentioned various big tech folks being part of this experiment when they were children. How would we find out who else was experimented on? Subpena the criminals and go through their records. You'll find that Marshmallow and Asch experiements all came from Monarch and the Nazis. I see where all the pieces fit, do you? https://www.youtube.com/watch?v=MM62wjLrgmA
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20. Who is the modern version of Nelson Aldrich today?
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
21. Dr. Sidney Gottlieb got the Eisenhower administration approval of an MKULTRA sub-project on LSD in this lone 1953 letter left remaining after the MKULTRA destruction order. Division, followed by the word ULTRA (which had previously been used to designate the most secret classification of World War II intelligence). Other related cryptonyrns include MK-NAOMI and MK-DELTA. A precursor of the MK-ULTRA program began in 1945 when the Joint Intelligence Objectives Agency was established and given direct responsibility for Operation Paperclip. Operation Paperclip was a program to recruit former Nazi scientists and this began before end of WW2 when General Groves had Meyer Lansky patrol NY docks for U boat spies in NY harbor. Some of these scientists studied torture and brainwashing, and several had just been identified and prosecuted as war criminals during the Nuremberg Trials. Several secret U.S. government projects grew out of Operation Paperclip. These projects included Project CIIATTER (established 1947 by Groves/Kennan), and Project BLUEBIRD (established 1950 by Kennan), which was later renamed to Project ARTICHOKE in 1951. ARTICHOKE contained used of cryptography in its program. Lansky was involved in this. Here he learned about puberty blocking drugs used on Turing by MI6. Project CIIATTER is where Lansky's prisoner he caught on docks in Brooklyn wound up. This is where alien light frequencies were begun to be used in interegations. CIIATTER is where ritual abuse was also studied. Many of the extremes in electromagnetic abuse was linked to gender changes, hormone modulation and was associated with extreme abuse survivors, dissociation of identity/geneder, traumagenic amnesia/PTSD, loss of self-regulation, autonomy, quality of life. Lansky began the pedo and sex rings to ensnare corupt US politicians for the MOSSAD. The big fish that he got? J Edgar Hoover. He also caught JFK and RFK Sr and Marilyn Monroe. That ring he built for the MOSSAD was eventually taken over by Epstein and Ms. Maxwell and it caugth both Bush's, Bill Clinton, Hillary, Abedein, Weiner, Harvery Weinstein, Obama and his spouse, and Oprah. What is their goal? What hat do they wear?
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
22. The uses of 435-465 nm light makes the mind suceptible to propaganda by creating false Memories – The Deception That Silenced Millions, Lynn Crook. This program created child molesters, FMSF, extreme child abuse, sadistic sexual abuse, ritualistic abuse, mind control, torture. Many of them were funneled into Lansky's pedo/sex rings used to blckmail politicians. J. Edgar Hoover gets clipped by Lansky in this program. Most of this behavior is eventually found in the transhumanist community years later as their children inherent this abuse transepigenetically. This was unknown prior to this Project in the CIA. Ritual Abuse and Mind Control was then placed in Art and Literature by CIA to see effects in public. this mimicked the drugs they unleashed in the population at the same time. Light abuse inducing stress was more reliable than drug use. This art work was owned by industrial miliatry complex by way of Lansky's money movement skills and it was made expensive by the people grommed in CIIATTER who were placed in the art and music industries by the CIA. See Lynn Brunet PhD, Freemasonic themes, trauma covered in her case studies. This was also resonated in Carl Jung’s Red Book, Masonic rites, Masonic ritual abuse, fraternal initiation rites, complex trauma, survival skills seen in many industrial military complex CEOs. Corporations and academia were filled with these people by the CIA. Their purpose was to study mind-control, interrogation, behavior modification and related topics were headed by Dr. Sidney Gottlieb, the MK-ULTRA project was started on the order of CIA director Allen Dulles on April 13, 1953, largely in response to experiments by Mob in Vegas casinos linked to Bugsy Seigel hit, the Soviet, Chinese, and North Korean use of mind-control techniques on U.S. prisoners of war in Korea in the 1950s. The CIA wanted to use similar methods on their own captives but they found light was the most rapid and reliable way to alter behavior via dopamine and melatonin alterations. The CIA was also interested in being able to manipulate foreign leaders with such techniques and would later invent several schemes to drug Fidel Castro using tobacco, drugs, and SV40. Experiments were often conducted without the subjects' knowledge or consent" In some cases, academic researchers being funded through grants from CIA front organizations were unaware that their work was being used for these purposes. See Alton Ochsner and Carlos Delgado in the 1950s-1960s. In 1964, post JFK heat, the project was renamed MK-SEARCII. @JonesDanny Awake yet?
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
23. The project attempted to produce a perfect truth light and drug use for use in interrogating suspected Soviet spies during the Cold War, and generally to explore any other possibilities of mind control. Sidney Gottlieb Another MK-ULTRA effort, Subproject 54, was the Navy's top secret "Perfect Concussion" program which used light to induce TBI. This is where Havana Syndrome was FIRST discovered using microwaves was studied which used sub-aural frequency blasts to erase memory by affecting frontal/temporal lobe loops which have melanin and cochlear melanin. Because most MK-ULTRA records were deliberately destroyed in 1973 by order of then CIA Director Richard Helms before Senator Church's subpena's, it has been difficult, if not impossible, for investigators to gain a complete understanding of the more than 150 individually funded research sub-projects sponsored by MK-ULTRA and related CIA 171 programs. Most of these were folded into DARPA in 1965 and were used in many other intelligence covert programs in the 1970s that morphed into Project Octopus. Octopus is where hijacking of the beta endorphin pathway by opiates was exploited. Later it morphed and evolved into the Brain Health Initiative in 2013. It was moved offshore to Central and South America because of provisions in the Patriot Act which were problematic. Google's Brin and his ex wife Wojcicki are the current poster children of these programs. Her board just quit enmass on her when they heard her "new plans" for data theft. Did you know she trained the Means Sibling with an MD? Yeah the one who went to Stanford who quit her chief year of her ENT residecy to start a WBAN IOthings company. Guess where she got that idea? She wants us to believe Fruit loops and McDonald's kills us.......even Morgan Spurlock told us she is a psy-ops put in by the opposition to run the Hegalian Dialect.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
24. Israel is a creation of fiat currency and central banking. This is why Israel is protected by the Industrial military complex of the USA. The Rockefellers and Rothschilds linked directly to the Balfour declaration and most of you have ZERO idea it came directly from Queen Elizabeth's DAD on Novemeber 2, 1917 during a World War. The Zionist are the bankers in the UK and USA and in the Papacy. That was the whole point of the Mondriatt Concordant of 1933 and why Hitler was raised to sent German Jews to Palestine to raise the population from 3% to 90%. It was designed to be a land sink for Jews. The problem became complicates as Hitler became overwhelmed with the process from 1933-40 and he got no help from the people who set up the process: The Rothschilds and Rockefellers. He morphed from stealing assets and transfering people the bankers wanted to Palestine. This was their Final Solution to alter the population imbalance in Palestine at the time. People forget Palestine was a British colony back then. When Hitler decided to eliminate people instead of shipping them to the promise land, this move surprised the bankers and then curbed his abilities by tilting the War table financial. War and Imperialism is a function of Central Banking. This defines Israel's history with the Balfour declaration. Not even smart Bitcoiners who are Palestinian see it fully due to ideologic cognitive bias of their ancestory. I have no blinders. Banking is at the core of our sickness https://www.youtube.com/watch?v=6SPnD9819CU
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
26. What is happening right now. Lutnick is a dual passport guy who magically missed the planes in 9/11 or at least that is how the story goes.........
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
27. Purpose? It is being done to get the Royals and Pope back to their relative positions of where they were in Medival Europe. Dominant power.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
28. Those who make the rules control the money = Bitcoin fixes everything. All DJT has to do is get one thing right. Will he?
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
29. The DJT transition team is being infiltrated by traitors in case they do win and the Harris Steal team does not pull off the "Immaculate election." I called out the entire CABAL today. Bobby needs to be aware that the people who killed his Uncle and Dad are now trying to get inside his circle. As @Fynnderella1 said on her podcast with Mike, That must stop. https://threadreaderapp.com/thread/1852450070085439679.html
Thread by @DrJackKruse on Thread Reader App
@DrJackKruse: 1. Modern history lesson by Jeffrey Sacks on the TRUTH. All collateral effects from General Groves built up industrial military criminal cabal which Sergey Brin is a leading player in. Sergey Mikhaylo...…
threadreaderapp.com
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
30. Your enemy is usury charge on money or loan caused by the bankers in the Fed and BoE. World War I was caused by finance capitalism, called "usury. Many wrote books on the above topics in the 1930-50s above but could not get it published because of how they called out the Rothschild's and Rockefeller's monopoly game. Youre being lied too. Know that bigHarma sits closer to the money printer than anyone. Know your enemies are inside the gates.
@DrJackKruse - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆
31. Remember that the centralized PEER review is run by the heirs of Robert Maxwell. His daughter is in jail in the USA protecting the Zionist federation bankers and technologists in this thread. They are loyals to the Royal Family and Popes via their bankers. Maxwell was a primary actor in the MEGA Group. How much do you know about them? Epstein had deep ties to Israeli intelligence and has well-documented ties to influential Israeli politicians and the Mega Group. Those guys are layered links of the MOSSAD and to Meyer Lansky. Ronald Lauder a cosmetic heir who makes billions blocking women from the sun is a Mega Group member. He has known Trump now close to 60 years. He is also very tight with Ms. Wiles. He is a former member of the Reagan administration and a long-time donor to Israeli Prime Minister Benjamin Netanyahu. He is very influential in Israel’s Likud Party. He was a long time friend of lawyer Roy Cohn. Robert Kennedy Sr. was Cohn assistant to Senator Joe McCarthy in the 1950s during Eisenhower's administration. Be aware of it all and pay attention to what happens in the Belt way. Are they working for us or not. If not let's get rid of them too. Did you know that Lansky was involved funding math research of Turing from 1969 to 1983 working on cryptography and that work linked art sales and money laundering through the IRS and Treasury via infiltration of the Executive branch. This work set the stage for the Iran Contra money Laundering schemes that linked the MOSSAD to Executive Branch. Can you guess what else it linked too?
reSee.it AI Summary
I've been exploring the origins and impact of the Federal Reserve, tracing back to a secretive meeting on Jekyll Island in 1910 where powerful bankers devised a plan that reshaped America's financial landscape. This system has led to rising costs of living, wealth disparity, and a cycle of bailouts that benefits the elite while ordinary people struggle. The Fed's policies have created a scenario where saving is punished, and risk-taking is rewarded. Understanding this history is crucial as it affects every aspect of our lives today, raising questions about potential reforms and our financial future.
@IandE4Life - Steve Gibbs | Family Wealth Expert
🧵 The Federal Reserve: The Most Important Story You've Never Been Told Ever wonder why your grandparents could afford a house on one income, but you can't? Why do prices keep rising but your paycheck doesn't keep up? Why does the American dream feel more like a fantasy? It all traces back to a "duck hunting trip" that changed America forever.
@IandE4Life - Steve Gibbs | Family Wealth Expert
The year is 1910. Picture a private island off Georgia's coast called Jekyll Island. It is a place frozen in time; ancient Native American grounds have become playgrounds for America's richest families. But something happening here will shape the next century of human history.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Six of America's most powerful bankers are sneaking onto this island separately. They're using fake names, arriving at different times, and avoiding being seen together. Two even completely changed their identities. The secrecy is intense—and for good reason. What they're planning would outrage every American if word got out.
@IandE4Life - Steve Gibbs | Family Wealth Expert
These were the super bankers. We've got Charles Norton running First National Bank, Frank Vanderlip heading National City Bank, Henry Davidson as JP Morgan's right-hand man, A.P. Andrew fresh from Treasury and Harvard, Benjamin Strong Jr from Bankers Trust, and Paul Warburg, heir to a German banking dynasty. Plus, Senator Nelson Aldrich is there to provide the government's blessing.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Why all the cloak-and-dagger? Americans hated central banks with good reason. We'd already killed three of them, and Andrew Jackson's biggest boast was destroying the last one. The banking system was wild—imagine 30,000 currencies floating around the country. It makes today's crypto market look organized. Banks were failing left and right, but at least the gold standard kept things real—maybe too real for some powerful people's taste.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Their timing was perfect. 1907 had just seen a massive banking panic. A San Francisco earthquake had triggered a chain of bank failures across the country. The system was melting down. But for our "duck hunters," this crisis wasn't a disaster—it was an opportunity—the perfect excuse to overhaul the entire American financial system.
@IandE4Life - Steve Gibbs | Family Wealth Expert
You know how in Dune everyone fights over spice - that magical substance that powers their universe? Our world's version is credit. It lets you pull resources from the future into today, amounting to pure financial alchemy. And these guys were about to build the biggest spice harvester ever created: The Federal Reserve.
@IandE4Life - Steve Gibbs | Family Wealth Expert
The genius was in the branding. Nobody would support another "central bank." But "Federal Reserve"? That sounds official and government-like. "Federal" suggests oversight, while "Reserve" implies safety, which is pure marketing gold. The meeting stayed secret for FIVE YEARS. When Vanderlip finally spilled the beans in a newspaper, their creation was already up and running.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Today, that small group's creation has become something beyond their wildest dreams. The Fed owns $9 trillion in assets—it's the biggest player in the mortgage market and the biggest owner of government debt, and it creates money with simple keystrokes. In 2024, its Chairman told the President straight up he couldn't be fired. No other agency can overrule it.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Want to see their power in action? Look at housing. They've pumped so much money into mortgages that house prices shot up 42% in just two years. Rents jumped 24% nationwide. The typical mortgage payment doubled from $1,404 to $2,408 in one year. A whole generation is locked out of homeownership while the Fed plays monopoly with real houses.
@IandE4Life - Steve Gibbs | Family Wealth Expert
The human cost of this system is brutal, and the stories are heartbreaking. Take the brother of one man in Get Based's film- a successful real estate broker who lost everything in 2008. He spent a decade couch surfing, battling depression, unable to rebuild. Why? Because when the Fed's bubbles pop, regular folks take the hit while the big players get bailouts.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Speaking of bailouts, it's the Fed's favorite game. When banks make crazy bets that blow up, the Fed prints rescue money. You pay for it through inflation, watching your dollars buy less and less while the banks keep their profits. Then they do it all again. They call it "too big to fail," but it's become a creature too big to exist.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Think about your parents' or grandparents' time. One income could support a family. People could save money and get ahead. A regular job could buy a typical house. Not anymore. The Fed's policies have created the worst wealth gap since the French Revolution. They're not just stealing your money - they're stealing your time, your future, your ability to build the life your parents had.
@IandE4Life - Steve Gibbs | Family Wealth Expert
The Fed supposedly has two jobs: keeping prices stable and maximizing employment. But as Griffin lays out in his book The Creature from Jekyll Island, this dual mandate is part of the problem. How can you trust an institution that can't achieve its basic goals, operates like a private club for bankers, enables endless wars through money printing, and destabilizes the system it's meant to protect?
@IandE4Life - Steve Gibbs | Family Wealth Expert
The modern banking drama would shock those original Jekyll Island plotters. Zero interest rates punish savers while speculators get rich. Money printing has gone wild - that $9 trillion Fed balance sheet would've been unimaginable in 1910. They're even trying to push climate policy now. Talk about mission creep.
@IandE4Life - Steve Gibbs | Family Wealth Expert
And it gets weirder. The Fed now pays banks NOT to lend money to regular people. They call it "interest on excess reserves," but really, it's just another way to funnel money to Wall Street while Main Street struggles. The numbers are staggering - we're talking about $3.1 trillion sitting idle, up seventyfold since 2007.
@IandE4Life - Steve Gibbs | Family Wealth Expert
But here's the really wild part—there are solutions. Free banking worked great in the 1800s. From 1824 to the 1850s, America had the "Suffolk System," where banks kept each other honest. No bailouts were needed. The gold standard meant money couldn't be printed out of thin air. Banks had to be responsible without the Fed's easy money and bailouts.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Winfree's research shows we have options: We could return to commodity-backed money, implement a fixed growth rule for the money supply, or at least limit the Fed to focusing solely on price stability. But who fights these reforms tooth and nail? The very institutions profiting from the current system.
@IandE4Life - Steve Gibbs | Family Wealth Expert
The incentives in this system are completely upside down. Save money? Watch it lose value. Work hard? Watch prices rise faster than your paycheck. Be prudent? Get punished by inflation. Take crazy risks? Get bailed out. It's like they've created an empire that rewards everything we used to consider dangerous and sinful.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Jefferson warned there were two ways to enslave a nation: by the sword or by debt. Those Jekyll Island "duck hunters" chose debt. They created a system where money is made from nothing, debt is forever, work buys less every year, and your future gets harder while the connected get richer.
@IandE4Life - Steve Gibbs | Family Wealth Expert
This isn't ancient history - it's your life right now. Every dollar in your pocket, every price you pay, every rent check you write, every loan you take, every job you work, every dream you defer... it all traces back to those "duck hunters" on Jekyll Island.
@IandE4Life - Steve Gibbs | Family Wealth Expert
Think about it: What started with six men pretending to hunt ducks became the most powerful institution in history. A private meeting on an island created a system that touches every aspect of our lives. They've built an empire of debt that would make ancient Rome blush.
@IandE4Life - Steve Gibbs | Family Wealth Expert
And now you know the story that connects it all: why your savings lose value, why your rent keeps rising, why your parents had it more manageable, and why the system seems rigged. Because, in many ways, it is. The question isn't whether the Fed affects your life - it's in every aspect. The real question is: what are we going to do about it?
@IandE4Life - Steve Gibbs | Family Wealth Expert
Want to learn more? Dive into these sources: - "How The Federal Reserve Secretly Enslaved The World" by Get Based @getbasedtv gives the raw human impact - The "Creature from Jekyll Island" exposes the whole historical plot - Paul Winfree's @paulwinfree Federal Reserve analysis lays out the reform options The story sounds too wild to be fiction - but it's too important to ignore. /end
@IandE4Life - Steve Gibbs | Family Wealth Expert
THE MONEY MASTERS | HOW INTERNATIONAL BANKERS GAINED CONTROL OF AMERICA William T. Still An excellent 3.5 hour documentary on the history of money, The Federal Reserve, the takeover of the Rothschilds & Private Central Banks. https://t.co/S89L40njaB
Video Transcript AI Summary
Here's what's happening in America: we're drowning in debt because of a debt-based banking system controlled by private bankers. The Federal Reserve, deceptively named, is a private entity manipulating our money for profit, not public interest.
Since 1913, Congress has granted it a monopoly over our currency, leading to economic instability. The solution? Education and action. We must reclaim the power to issue our money, as figures like Franklin and Lincoln once did.
This isn't radical; it's restoring the issuing power to the people. Reform involves paying off the debt with debt-free U.S. notes, abolishing fractional reserve banking, and repealing the Federal Reserve Act, returning monetary power to the Treasury.
Full Transcript
Speaker 0: What's going on in America today? Why are we over our heads in debt? Why can't the politicians bring debt under control? Why are so many people, often both parents now, working at low paying, dead end jobs and still making do with less? What's the future of the American economy and way of life?
Why does the government tell us inflation is low when the buying power of our paychecks is declining at an alarming rate? Only a generation ago, bread was a quarter, and you could get a new car for 1995.
Speaker 1: The problem is that since 1864, we've had a debt based banking system. All our money is based on government debt. We cannot extinguish government debt without extinguishing our money supply. That's why talk of paying off the national debt without reforming our banking system is an impossibility. That's why the solution does not lie in discussing the size of the national debt, rather it lies in reforming our banking system.
This is the Federal Reserve headquarters in Washington. It sits on this very impressive address right on Constitution Avenue, right across from the Lincoln Memorial. But is it federal? Is it really part of the United States government? Well, what we're about to show you is that there's nothing federal about the Federal Reserve, and there are no reserves.
The name is a deception created back before the Federal Reserve Act was passed in 1913 to make Americans think that America's Central Bank operates in the public interest. The truth is that the Federal Reserve is a private bank owned by private stockholders and run purely for their private profit.
Speaker 2: That's exactly correct. The Fed is a privately owned for profit corporation, which, again, has no reserves, at least no reserves available to back up the Federal Reserve notes, which is our common currency.
Speaker 3: Oh, absolutely. The Federal Reserve is neither federal and has doubtful reserves. It's a private bank that is owned by member banks, and it was chartered under the guise of deceit by an act of congress in 1913.
Speaker 1: If there's still any doubt whether the Federal Reserve is a part of the US government, check your local telephone book. In most cities, it is not listed in the blue government pages. It is listed in the business white pages right next to Federal Express, another private company. But more directly, US courts have ruled time and time again that the Fed is a private corporation. Why can't Congress do something about the Fed?
Most members of congress just don't understand the system, and the few who do are afraid to speak up. For example, initially, a veteran congressman from Chicago asked us if he could be interviewed for this video. However, both times our camera crew arrived at his office to do the interview, this was all we were able to film. The congressman never appeared and eventually decided he no longer wanted to participate. But a few others in congress have been bolder over the years.
Here are three quick examples. In 1923, representative Charles a Lindbergh, a republican from Minnesota and father of the famed aviator Lucky Lindy, put it this way: The financial system has been turned over to the Federal Reserve Board. That board administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. One of the most outspoken critics in Congress of the Fed was the former chairman of the House Banking and Currency Committee during the Great Depression years.
Lewis T. McFadden, Republican of Pennsylvania, said in 1932, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of The United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.
Senator Barry Goldwater was a frequent critic of the Fed. Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of The United States.
Speaker 3: The Federal Reserve really, even though it is not part of the federal government, it is more powerful than the federal government. It's more powerful than the president, the congress, and the courts. Now a lot of people challenge me on that, but let me prove my case. The Federal Reserve determines what the average person's car payment is going to be, what their house payment is going to be, and whether they have a job or not. And I submit to you that that's total control.
And the Federal Reserve is the largest single creditor of the United States government. What does Proverbs tell us? The borrower is servant to the lender.
Speaker 1: What one has to understand is that from the day the constitution was adopted right up to today, the folks who profit from privately owned central banks, as Madison called them the money changers, have fought a running battle for control over who gets to print America's money. Why is who prints the money so important? Think of money as just another commodity. If you have a monopoly on a commodity that everyone needs, everyone wants, and nobody has enough of, there are lots of ways to make a profit and also exert tremendous political influence. That's what this battle is all about.
Throughout the history of The United States, the money power has gone back and forth between congress and some sort of privately owned central bank. The founding fathers knew the evils of a privately owned central bank. First of all, they had seen how the privately owned British central bank, the Bank of England, had run up the British national debt to such an extent that parliament had been forced to place unfair taxes on the American colonies. In fact, as we'll see later, Ben Franklin claimed that this was the real cause of the American Revolution. Most of the founding fathers realized the potential dangers of banking and feared bankers' accumulation of wealth and power.
Jefferson put it this way.
Speaker 0: I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Speaker 1: That succinct statement of Jefferson is in fact the solution to all our economic problems today. It bears repeating: the issuing power should be taken from the banks and restored to the people to whom it properly belongs.' James Madison, the main author of the Constitution, agreed. Interestingly, he called those behind the central bank scheme money changers. Madison strongly criticized their actions.
Speaker 0: History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.
Speaker 1: The battle over who gets to issue our money has been the pivotal issue throughout the history of The United States. Wars are fought over it. Depressions are caused to acquire it. Yet after World War one, this battle was rarely mentioned in newspapers or history books. Why?
By World War one, the money changers with their dominant wealth had seized control of most of the nation's press. Throughout US history, this battle over who gets the power to issue our money has raged. In fact, it's changed hands back and forth eight times since 1764, yet this fact has virtually vanished from public view for over three generations behind a smokescreen emitted by Fed cheerleaders in the media. Until we stop talking about deficits and government spending and start talking about who controls how much money we have, it's all just a big shell game, a complete and utter deception. It won't matter if you pass an ironclad amendment to the constitution mandating a balanced budget.
Our situation is only going to get worse until we root out the cause at its source. What's the solution for our national problem? First of all, education. That's what this video presentation is all about. But secondly, we must act.
We must take back the power to issue our own money. Issuing our own money is not a radical solution. I want to stress that. It's the same solution used at different points in US history by men like Benjamin Franklin, Thomas Jefferson, Andrew Jackson, Martin Van Buren, and Abraham Lincoln. So to sum it up, in 1913 Congress gave an independent central bank, deceptively named the Federal Reserve, a monopoly over issuing America's money, and the debt generated by this quasi private corporation is what is killing the American economy.
Though the Federal Reserve is now the most powerful central bank in the world, it was not the first. So where did this idea come from? To really understand the magnitude of the problem, we have to travel back to Europe. Just who are these money changers James Madison spoke of? In the bible two thousand years ago, Jesus drove the money changers from the temple.
It was the only time Jesus used force during his ministry. What were money changers doing in the temple? When Jews came to Jerusalem to pay their temple tax, they could only pay it with a special coin, the half shekel of the sanctuary. This was a half ounce of pure silver about this size. It was the only coin around at that time which was pure silver and of assured weight without the image of a pagan emperor.
Therefore, to Jews, the half shekel was the only coin acceptable to God. But these coins were not plentiful. The money changers had cornered the market on them. Then they raised the price, just like any other commodity, to whatever the market would bear. In other words, money changers were making exorbitant profits because they held a virtual monopoly on money.
The Jews had to pay whatever they demanded. To Jesus, this totally violated the sanctity of God's house. But the money changing scam did not originate in Jesus' day. Two hundred years before Christ, Rome was having trouble with money changers. Two early Roman emperors had tried to diminish the power of the money changers by reforming usury laws and limiting land ownership to 500 acres.
They were both assassinated. In forty eight BC, Julius Caesar took back the power to coin money from the money changers and minted coins for the benefit of all. With this new plentiful supply of money, he built great public works projects. By making money plentiful, Caesar won the love of the common man, but the money changers hated him. Some believe this was an important factor in Caesar's assassination.
One thing is for sure. With the death of Caesar came the demise of plentiful money in Rome. Taxes increased as did corruption. Just as in the case of America today, usury and debased coin became the rule. Eventually, the Roman money supply was reduced by 90%.
As a result, the common people lost their lands and their homes, just as is about to happen soon in America. With the demise of plentiful money, the masses lost confidence in the Roman government and refused to support it. Rome plunged into the gloom of the dark ages. A thousand years after the death of Christ, money changers, those who loan out and manipulate the quantity of money, were active in medieval England. In fact, they were so active that acting together they could manipulate the entire English economy.
These were not bankers per se. The money changers generally were the goldsmiths. They were the first bankers because they started keeping other people's gold for safekeeping in their vaults. The first paper money was merely a receipt for gold left at the goldsmith. Paper money caught on because it was more convenient than carrying around a lot of heavy gold and silver coins.
Eventually goldsmiths noticed that only a small fraction of the depositors ever came in and demanded their gold at any one time. Goldsmiths started cheating on the system. They discovered that they could print more money than they had gold, and usually no one would be the wiser. Then they could loan out this extra money and collect interest on it. This was the birth of fractional reserve banking.
That is loaning out many times more money than you have assets on deposit. Deposit. So if a thousand dollars in gold were deposited with them, they could loan out about $10,000 in paper money and draw interest payments on it, and no one would ever discover the deception. By this means, goldsmiths gradually accumulated more and more wealth and used this wealth to accumulate more and more gold. Today, this practice of loaning out more money than there are reserves is known as fractional reserve banking.
Every bank in The United States is allowed to loan out at least 10 times more money than they actually have. That's why they get rich on charging let's say 8% interest. It's not really 8% per year which is their income, it's 80%. That's why bank buildings are always the largest in town. But does that mean that all interest or all banking should be illegal?
Hardly. In the Middle Ages, canon law, the law of the Catholic Church, forbade charging interest on loans. This concept followed the teachings of Aristotle and Saint Thomas Aquinas. They taught that the purpose of money was to serve the members of society to facilitate the exchange of goods needed to lead a virtuous life. Interest, in their belief, hindered this purpose by putting an unnecessary burden on the use of money.
In other words, interest was contrary to reason and justice. Reflecting church law in the Middle Ages, Europe forbade charging interest on loans and made it a crime called usury. As commerce grew and therefore opportunities for investment arose in the late Middle Ages, it came to be recognized that to loan money had a cost for the lender, both in risk and in lost opportunity. So some charges were allowed, but not interest per se. But all moralists, no matter what religion, condemn fraud, oppression of the poor, and injustice is clearly immoral.
As we will see, fractional reserve lending is rooted in a fraud, results in widespread poverty, and reduces the value of everyone else's money. The ancient goldsmiths discovered that extra profits could be made by rowing the economy between easy money and tight money. When they made money easier to borrow, then the amount of money in circulation expanded. Money was plentiful. People took out more loans to expand their businesses, But then the money changers would tighten the money supply.
They would make loans more difficult to get. What would happen? Just what happens today. A certain percentage of people could not repay their previous loans and could not take out new loans to repay the old ones. Therefore, they went bankrupt and had to sell their assets to the goldsmiths for pennies on the dollar.
The same thing is still going on today. Only today, we call this rowing of the economy up and down the business cycle. Like Julius Caesar, King Henry the first of England finally resolved to take the money power away from the goldsmiths about November. Henry could have used anything as money, seashells, feathers, or even yak dung, as is often done in remote Tibetan provinces. But he invented one of the most unusual money systems in history.
It was called the tally stick system.
Speaker 4: Here I have one of the few surviving examples of this form British money, which lasted seven twenty six years until 1826, a tally stick. The tally system was adopted to avoid the monetary manipulation of the goldsmiths.
Speaker 1: Tally sticks were money fabricated out of sticks of polished wood. Notches were cut along one edge of the stick to indicate the denominations.
Speaker 4: Then the stick was split lengthwise through the notches so that both pieces, still had a record of the notches.
Speaker 1: The king kept one half to protect against counterfeiting. Then he would spend the other half into the economy and they would circulate his money. This particular tally stick is huge. It represented £25,000. 1 of the original stockholders in the Bank of England purchased his original shares with this stick.
In other words, he bought shares in the world's richest and most powerful corporation with a stick of wood. It's ironic that after its formation in 1694 the Bank of England attacked the tally stick system because it was money outside the power of the money changers just as King Henry had wanted it to be.
Speaker 4: Why do people accept sticks of wood for money? That's a great question. Throughout history, people traded anything they thought had value and used as money. You see, the secret is that money is only what people agree on to use as money. What's our paper money today?
It's really just paper. But here's the trick. King Henry ordered that tally sticks had to be used to pay the king's taxes. This built in demand for tally sticks immediately made them circulate and be accepted as money. And they worked well.
In fact, no other form of money has worked so well for so long as tally sticks.
Speaker 1: Keep in mind, the British Empire was built under the tally stick system. The tally stick system succeeded despite the fact that the money changers constantly attacked it by offering the metal coin system as competition. In other words, metal coins never went completely out of circulation, but tally sticks hung on because they were good for the payment of taxes. Finally, in the fifteen hundreds, King Henry the eighth relaxed the laws concerning usury and the money changers wasted no time reasserting themselves. They quickly made their gold and silver money plentiful for a few decades.
But when Queen Mary took the throne and tightened the usury laws again, the money changers renewed the hoarding of gold and silver coins, forcing the economy to plummet. When Queen Mary's sister, Queen Elizabeth I, took the throne, she was determined to regain control over English money. Her solution was to issue gold and silver coins from the public treasury and take the control over the money supply away from the money changers. Although control over money was not the only cause of the English revolution in 1642, religious differences fuelled the conflict, monetary policy played a major role. Financed by the money changers, Oliver Cromwell finally overthrew King Charles, purged the parliament, and put the king to death.
The money changers were immediately allowed to consolidate their financial power. The result was that for the next fifty years, the money changers plunged Great Britain into a series of costly wars. They took over a square mile of property in the centre of London known as the City Of London. This area today is still known as one of the three predominant financial centres of the world. Conflicts with the Stuart Kings led the money changers in England to combine with those in The Netherlands to finance the invasion of William of Orange who overthrew the Stuarts in 1688 and took the English throne.
By the end of the sixteen hundreds, England was in financial ruin. Fifty years of more or less continuous wars with France and Holland had exhausted her. Frantic government officials met with the money changers to beg for the loans necessary to pursue their political purposes. The price was high, a government sanctioned privately owned bank which could issue money created out of nothing. It was to be the modern world's first privately owned central bank, the Bank of England.
Although it was deceptively called the Bank of England to make the general population think it was part of the government, it was not. Like any other private corporation, the Bank of England sold shares to get started. The investors, whose names were never revealed, were supposed to put up 1 and a quarter million British pounds in gold coin to buy their shares in the bank, but only £750,000 was ever received. Despite that, the bank was duly chartered in 1694 and started out in the business of loaning out several times the money it supposedly had in reserves, all at interest. In exchange, the new bank would loan British politicians as much of the new currency as they wanted as long as they secured the debt by direct taxation of the British people.
So legalization of the Bank of England amounted to nothing less than legal counterfeiting of a national currency for private gain. Unfortunately, nearly every nation now has a privately controlled central bank using the Bank of England as the basic model. Such is the power of these central banks that they soon take total control over a nation's economy. It soon amounts to nothing but a plutocracy, rule by the rich. It would be like putting control of the army in the hands of the mafia.
The danger of tyranny would be extreme. Yes. We need central banks. No. We do not need them in private hands.
The central bank scam is really a hidden tax. The nation sells bonds to the central bank to pay for things it does not have the political will to raise taxes to pay for. But the bonds are purchased with money the central bank creates out of nothing. More money in circulation makes your money worth less. The government gets as much money as it needs and the people pay for it in inflation.
The beauty of the plan is that not one person in a thousand can figure it out because it's usually hidden behind complex sounding economics gibberish. With the formation of the Bank of England, the nation was soon awash in money. Prices throughout the country doubled. Massive loans were granted for just about any wild scheme. One venture proposed to drain the Red Sea to recover gold supposedly lost when the Egyptian army drowned pursuing Moses and the Israelites.
By 1698, government debt grew from the initial 1 and a quarter million pounds to £16,000,000. Naturally, taxes were increased and then increased again to pay for all of this. With the British money supply firmly in their grip, the British economy began a wild roller coaster series of booms and depressions, exactly the sort of thing a central bank claims it is determined to prevent.
Speaker 5: There are two things which I think are intrinsic not just to the Bank of England, but central banking generally. The first is an involvement in the formulation of monetary policy with the specific objective of achieving monetary stability.
Speaker 1: However, since the Bank of England took control, the British pound has rarely been stable. Now let's take a look at the role of the Rothschild family, the family said to be the wealthiest in the world. You're gone. This is Frankfurt, Germany. 50 Years after the Bank of England opened its doors, a goldsmith named Amshall Moses Bauer opened a coin shop, a counting house in 1743.
And over the door, he placed a sign depicting a Roman eagle on a red shield. The shop became known as the Red Shield Firm or in German Rothschild. When his son, Amschel Meyer Bauer, inherited the business, he decided to change his name to Rothschild. Amshall soon learned that loaning money to governments and kings was more profitable than loaning to private individuals. Not only were the loans bigger, but they were secured by the nation's taxes.
Mayor Rothschild had five sons. He trained them all in the skills of money creation, then sent them out to the major capitals of Europe to open branch offices of the family banking business. His first son, Amsho Mayer, stayed in Frankfurt to mine the hometown bank. His second son, Solomon, was sent to Vienna. His third son, Nathan, was clearly the most clever.
He was sent to London at age 21 in 1798, a hundred years after the founding of the Bank of England. His fourth son, Carl, went to Naples, and his fifth son, Jacob, went to Paris. In 1785, Mayor Amshel moved his entire family to this larger house, a five story dwelling he shared with the Schiff family. This house was known as the Green Shield. The Rothschilds and the Schiffs would play a central role in the rest of European financial history and in that of The United States.
The Rothschilds broke into dealings with European royalty here at Williamshall, the palace of the wealthiest man in Germany. In fact, the wealthiest monarch in all Europe, Prince William Of Hesse Cassel. At first, the Rothschilds were only helping William speculate in precious coins. But when Napoleon chased Prince William into exile, he sent £550,000, a gigantic sum at that time, to Nathan Rothschild in London with instructions for him to buy consols, British government bonds, also called government stock. But Rothschild used the money for his own purposes.
With Napoleon on the loose, the opportunities of wartime investments were nearly limitless. William returned here sometime prior to the Battle of Waterloo in 1815. He summoned Rothschild and demanded his money back. The Rothschilds returned William's money with the interest the British consuls would have paid him had the investment actually been made. But the Rothchilds kept all the past profits they had made using William's money.
Nathan Rothschild later bragged that in the seventeen years he'd been in England, he'd increased his original £20,000 stake given to him by his father by 2,500 times. By cooperating within the family, the Rothschild soon grew unbelievably wealthy. By the mid eighteen hundreds, they dominated all European banking and were certainly the wealthiest family in the world. They financed Cecil Rhodes, making it possible for him to establish a monopoly over the diamond and gold fields of South Africa. In America, they financed the Harriman's and railroads, the Vanderbilt's and railroads and the press, and Carnegie and the steel industry, among many others.
In fact, during World War I, J. P. Morgan was thought to be the richest man in America. But after his death, it was discovered that he was actually only a lieutenant of the Rothschilds. Once Morgan's will was made public, it was discovered that he owned only 19% of JPMorgan companies.
By 1850, James Rothschild, the heir of the French branch of the family, was said to be worth 600,000,000 French francs, 1 hundred and 50 million more than all the other bankers in France put together. He built this mansion called Ferrier, just East of Paris. Wilhelm The First on scene had exclaimed, kings couldn't afford this. It could only belong to a Rothschild. Another nineteenth century French commentator put it this way.
There is but one power in Europe, and that is Rothschild. There is no evidence that their predominant standing in European or world finance has changed. Now let's take a look at the results the Bank of England had produced on the British economy and how that later was the root cause of the American Revolution. By the mid seventeen hundreds, the British Empire was nearing its height of power around the world. But Britain had fought four costly wars in Europe since the creation of their privately owned central bank, the Bank of England.
The cost had been high. To finance these wars, the British parliament here had borrowed heavily from the bank. By the mid seventeen hundreds, the government's debt here in Britain was a hundred and £40,000,000, a staggering sum for those days. Consequently, the British government embarked on a program of trying to raise revenues from their American colonies in order to make their interest payments to the bank. But in America, it was a different story.
The scourge of a privately owned central bank had not yet hit. This is Independence Hall in Philadelphia, where the Declaration of Independence and Constitution were signed. In the mid seventeen hundreds, pre revolutionary America was still relatively poor. There was a severe shortage of precious metal coins to trade for goods, so the early colonists were forced to experiment with printing their own homegrown paper money. Some of these experiments were successful.
Franklin was a big supporter of the colonies printing their own paper money. In 1757, Franklin was sent to London. He ended up staying for the next eighteen years here, nearly until the start of the American Revolution. During this period, the American colonies began to issue their own money. Called colonial scrip, the endeavor was very successful.
It provided a reliable medium of exchange, and it also helped to provide a feeling of unity between the colonies. Remember, colonial scrip was just paper money, debt free money printed in the public interest and not backed by gold or silver coin. In other words, it was a totally fiat currency. One day, officials of the Bank of England asked Franklin how he would account for the newfound prosperity of the colonies. Without hesitation, he replied.
Speaker 0: That is simple. In the colonies, we issue our own money. It is called colonial scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one.
Speaker 1: This was just common sense to Franklin, but you can imagine the impact it had on the Bank of England. America had learned the secret of money, and that genie had to be returned to its bottle as soon as possible. As a result, parliament hurriedly passed the Currency Act of 1764. This prohibited colonial officials from issuing their own money and ordered them to pay all future taxes in gold or silver coins. In other words, it forced the colonies on a gold or silver standard.
For those who still believe that a gold standard is the answer for America's current monetary problems, look what happened to America after that. Writing in his autobiography, Franklin said
Speaker 0: In one year, the conditions were so reversed that the era of prosperity ended and a depression set in to such an extent that the streets of the colonies were filled with unemployed.
Speaker 1: Franklin claims that this was even the basic cause for the American Revolution. As Franklin put it in his autobiography
Speaker 0: The colonies would gladly have borne a little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get the power to issue their own money permanently out of the hands of George the third and the international bankers was the prime reason for the revolutionary war.
Speaker 1: By the time the first shots were fired in Lexington, Massachusetts on 04/19/1775, the colonies had been drained of gold and silver coin by British taxation. As a result, the continental government had no choice but to print money to finance the war. At the start of the revolution, the US money supply stood at $12,000,000. By the end of the war, it was nearly 500,000,000. As a result, the currency was virtually worthless.
Shoes sold for $5,000 a pair. Colonial scrip had worked because just enough was issued to facilitate trade. As George Washington lamented, a wagonload of money will scarcely purchase a wagonload of provisions. Today, those who support a gold backed currency point to this period during the revolution to demonstrate the evils of a fiat currency. But remember, the same currency had worked so well twenty years earlier during times of peace that the Bank of England had parliament outlawed.
Towards the end of the revolution, the Continental Congress meeting here at Independence Hall grew desperate for money. In 1781, they allowed Robert Morris, their financial superintendent, to open a privately owned central bank. Incidentally, Morris was a wealthy man who had grown wealthier during the revolution by trading in war materials. Called the Bank of North America, the new bank was closely modeled after the Bank of England. It was allowed to practice fractional reserve banking.
That is, it could lend out money it didn't have, then charge interest on it. If you or I were to do that, we would be charged with fraud, a felony. The bank's charter called for private investors to put up $400,000 worth of initial capital. But when Morris was unable to raise the money, he brazenly used his political influence to have gold deposited in the bank, which had been loaned to America by France. He then loaned this money to himself and his friends to reinvest in shares of the bank.
And like the Bank of England, the bank was given a monopoly over the national currency. Soon the dangers became clear. The value of American currency continued to plummet. So four years later, in 1785, the bank's charter was not renewed. The leader of the effort to kill the bank, William Findley of Pennsylvania, explained the problem this way.
Quote, this institution, having no principle but that of avarice, will never be varied in its object to engross all the wealth, power, and influence of the state. The men behind the Bank of North America, Alexander Hamilton, Robert Morris, and the bank's president, Thomas Wiling, did not give up. Only six years later, Hamilton, then secretary of the treasury, and his mentor, Morris, rammed a new privately owned central bank through the new congress. Called the first bank of The United States, Thomas Wiling again served as the bank's president. The players were the same, only the name of the bank was changed.
In 1787, colonial leaders assembled in Philadelphia to replace the ailing Articles of Confederation. As we saw earlier, both Thomas Jefferson and James Madison were unalterably opposed to a privately owned central bank. They had seen the problems caused by the Bank of England. They wanted nothing of it. As Jefferson later put it if the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.
During the debate over the future monetary system, another one of the founding fathers, Gouverneur Morris, castigated the motivations of the owners of the Bank of North America. Gouverneur Morris headed the committee that wrote the final draft of the constitution. Morris knew the motivations of the bank well. Along with his old boss, Robert Morris, Gouverneur Morris and Alexander Hamilton were the ones who had presented the original plan for the Bank of North America to the Continental Congress in the last year of the revolution. In a letter he wrote to James Madison on 07/02/1787, Gouverneur Morris revealed what was really going on.
Speaker 0: The rich will strive to establish their dominion and enslave the rest. They always did. They always will. They will have the same effect here as elsewhere if we do not, by the power of government, keep them in their proper spheres.
Speaker 1: Despite the defection of Gouverneur Morris from the ranks of the bank, Hamilton, Robert Morris, Thomas Wiling, and their European backers were not about to give up. They convinced the bulk of the delegates to the Constitutional Convention to not give Congress the power to issue paper money. Most of the delegates were still reeling from the wild inflation of the paper currency during the revolution. They had forgotten how well colonial scrip had worked before the war. But the Bank of England had not.
The money changers could not stand to have America printing her own money again. So the constitution is silent on the matter. This grievous defect left the door wide open for the money changers just as they had planned. In 1790, less than three years after the constitution had been signed, the money changers struck again. The newly appointed first secretary of the treasury, Alexander Hamilton, proposed a bill to the congress calling for a new privately owned central bank.
Coincidentally, that was the very year that Amschel Rothschild made his pronouncement from his flagship bank in Frankfurt. Let me issue and control a nation's money, and I care not who writes the laws.
Speaker 0: Alexander Hamilton was a tool of the international bankers, and he wanted to create the US Bank, the BUS, or the Bank of the United States, and did so.
Speaker 1: Interestingly, one of Hamilton's first jobs after graduating from law school in 1782 was as an aide to Robert Morris, the head of the Bank of North America. In fact, the year before, Hamilton had written Morris a letter saying, a national debt, if it is not excessive, will be to us a national blessing. A blessing to whom? After a year of intense debate, in 1791, Congress passed the bill and gave it a twenty year charter. The new bank was to be called the First Bank of the United States or BUS.
Here we are in front of the first bank of the United States in Philadelphia. The bank was given a monopoly on printing US currency even though 80% of its stock would be held by private investors. The other 20% would be purchased by the US government. But the reason was not to give the government a piece of the action. It was to provide the capital for the other 80% owners.
As with the old Bank of North America and the Bank of England before that, the stockholders never paid the full amount for their shares. The US government put up their initial $2,000,000 in cash, then the bank, through the old magic of fractional reserve lending, made loans to its charter investors so they could come up with the remaining $8,000,000 of capital needed for this risk free investment. Like the Bank of England, the name of the Bank of the United States was deliberately chosen to hide the fact that it was privately controlled. And like the Bank of England, the names of the investors in the bank were never revealed. Many years later, it was a common saying that the Rothschilds were the power behind the old Bank of the United States.
The bank was sold to Congress as a way to bring stability to the banking system and eliminate inflation. So what happened? Over the first five years, the US government borrowed $8,200,000 from the Bank of the United States. In the same five year period, prices rose by 72%. Jefferson, as the new secretary of state, watched the borrowing with sadness and frustration, unable to stop it.
Speaker 0: I wish it were possible to obtain a single amendment to our constitution taking from the federal government the power of borrowing.
Speaker 1: Millions of Americans feel the same way today. They watch in helpless frustration as the federal government borrows economy into oblivion. So although it was called the first bank of The United States, it was not the first attempt at a privately owned central bank in this country. As with the Bank of North America, the government put up most of the cash to get this private bank going, then the bankers loaned the money to each other to buy the remaining stock in the bank. It was a scam plain and simple, and they wouldn't be able to get away with it for long.
But first, we have to travel back to Europe to see how a single man was able to manipulate the entire British economy by obtaining the first news of Napoleon's final defeat. Here in Paris, the Bank of France was organized in 1800 just like the Bank of England. But Napoleon decided France had to break free of debt, and he never trusted the Bank of France. He declared that when a government is dependent upon bankers for money, the bankers, not the leaders of the government, are in control.
Speaker 0: The hand that gives is above the hand that takes. Money has no motherland. Financiers are without patriotism and without decency. Their sole object is gain.
Speaker 1: Back in America, unexpected help was about to arrive. In 1800, Thomas Jefferson narrowly defeated John Adams to become the third president of The United States. By eighteen o three, Jefferson and Napoleon had struck a deal. The US would give Napoleon three million dollars in gold in exchange for a huge chunk of territory west of the Mississippi River, the Louisiana Purchase. With that $3,000,000, Napoleon quickly forged an army and set off across Europe, conquering everything in his path.
But the Bank of England quickly rose to oppose him. They financed every nation in his path reaping the enormous profits of war. Prussia, Austria, and finally Russia all went heavily into debt in a futile attempt to stop Napoleon. Four years later, with the main French army in Russia, Thirty year old Nathan Rothschild, the head of the London office of the Rothschild family, personally took charge of a bold plan to smuggle a much needed shipment of gold right through France to finance an attack by the Duke of Wellington from Spain. Nathan later bragged at a dinner party in London that it was the best business he'd ever done.
Little did he know that he would do much better business in the near future. Wellington's attacks from the South and other defeats eventually forced Napoleon to abdicate, and Louis the eighteenth was crowned king. Napoleon was exiled to Elba, a tiny island off the coast of Italy, supposedly exiled from France forever. While Napoleon was in exile on Elba temporarily defeated by England with the financial help of the Rothschilds, America was trying to break free of its central bank as well. In 1811, a bill was put before congress to renew the charter of the Bank of the United States.
The debate grew very heated, and the legislatures of both Pennsylvania and Virginia passed resolutions asking congress to kill the bank. The press corps of the day attacked the bank openly, calling it a great swindle, a vulture, a viper, and a cobra. Oh, to have an independent press once again in America. A congressman named PB Porter attacked the bank from the floor of congress, saying if the bank's charter was renewed, congress, quote, will have planted in the bosom of this constitution of Viper, which one day or another will sting the liberties of this country to the heart, close quote. Prospects didn't look that good for the bank.
Some writers have even claimed that Nathan Rothschild warned that The United States would find itself involved in a most disastrous war if the bank's charter were not renewed. But it wasn't enough. When the smoke had cleared, the renewal bill was defeated by a single vote in the house and was deadlocked in the senate. By now, America's Fourth President, James Madison, was in the White House. Remember, Madison was a staunch opponent of the bank.
His vice president, George Clinton, broke a tie in the senate and sent the bank into oblivion. Within five months, England attacked The US, and the war of eighteen twelve was on. But the British were still busy fighting Napoleon, and so the war of eighteen twelve ended in a draw in 1814. Though the money changers were temporarily down, they were far from out. It would take them only another two years to bring back their bank bigger and stronger than ever.
But now let's return to Napoleon because nothing else in history more aptly demonstrates the ingenuity of the Rothschild family than their control of the British stock market after Waterloo. In 1815, a year after the end of the war of eighteen twelve in America, Napoleon escaped his exile and returned to Paris. French troops were sent out to capture him, but such was his charisma that the soldiers rallied around their old leader and hailed him as their emperor once again. In March of eighteen fifteen, Napoleon equipped an army which Britain's Duke Of Wellington defeated less than ninety days later at Waterloo. Some writers claim Napoleon borrowed £5,000,000 from the Bank of England to rearm, but it appears these funds actually came from the Ouvard banking house in Paris.
Nevertheless, from about this point on, it was not unusual for privately controlled central banks to finance both sides in a war. Why would a central bank finance opposing sides in a war? Because war is the biggest debt generator of them all. A nation will borrow any amount for victory. The ultimate loser is loaned just enough to hold out the vain hope of victory, and the ultimate winner is given enough to win.
Besides, such loans are usually conditioned upon the guarantee that the victor will honor the debts of the vanquished. This is the Waterloo Battlefield about 200 miles northeast of Paris in what today is Belgium. Here, Napoleon suffered his final defeat, but not before thousands of French and Englishmen gave their lives on a steamy summer day in July of eighteen fifteen. Right over there, on June 4000 French troops met 67,000 troops from Britain and other European nations. The outcome was certainly in doubt.
In fact, had Napoleon attacked a few hours earlier, he would probably have won the battle. But no matter who won or lost back in London, Nathan Rothschild planned to use the opportunity to try to seize control over the British stock and bond market and possibly even the Bank of England. Rothschild stationed a trusted agent, a man named Rothworth, on the north side of the battlefield closer to the English Channel. Once the battle had been decided, Rothworth took off for the channel. He delivered the news to Nathan Rothschild a full twenty four hours before Wellington's own courier.
Rothschild hurried to the stock market and took up his usual position in front of an ancient pillar. All eyes were on him. The Rothschilds had a legendary communications network. If Wellington had been defeated and Napoleon was loose on the continent again, Britain's financial situation would become grave indeed. Rothschild looked saddened.
He stood there motionless, eyes downcast. Then suddenly he began selling. Other nervous investors saw that Rothchild was selling. It could only mean one thing. Napoleon must have won, Wellington must have lost.
The market plummeted. Soon everyone was selling their consoles, their British government bonds, and prices dropped sharply. But then Rothschild started secretly buying up the consoles through his agents for only a fraction of their worth hours before. Myths, legends, you say? 100 later, the New York Times ran a story which said that Nathan's grandson had attempted to secure a court order to suppress a book with this stock market story in it.
The Rothschild family claimed the story was untrue and libelous, but the court denied the Rothschild's request and ordered the family to pay all court costs. What's even more interesting about this story is that some authors claim that the day after the Battle of Waterloo, in a matter of hours, Nathan Rothschild came to dominate not only the bond market but the Bank of England as well. Whether or not the Rothschild family seized control of the Bank of England, the first privately owned central bank in a major European nation and the wealthiest, one thing is certain, by the mid-eighteen hundreds the Rothschilds were the richest family in the world bar none. They dominated the new government bond markets and branched into other banks and industrial concerns. In fact, the rest of the nineteenth century was known as the age of the Rothschilds.
Despite this overwhelming wealth, the family has generally cultivated an aura of invisibility. Although the family controls scores of industrial, commercial, mining, and tourist corporations, only a handful bear the Rothschild name. By the end of the nineteenth century, one expert estimated that the Rothschild family controlled half the wealth of the world. Whatever the extent of their vast wealth, it is reasonable to assume that their percentage of the world's wealth has increased since then. But since the turn of the century, the Rothschilds have cultivated the notion that their power has somehow waned even as their wealth increases.
Meanwhile, back in Washington in 1816, just one year after Waterloo and Rothschild's alleged takeover of the Bank of England, the American Congress passed a bill permitting yet another privately owned central bank. This bank was called the second bank of the United States. The new bank's charter was a copy of the previous banks. The US government would own 20% of the shares of the bank. Of course, the federal share was paid by the treasury up front into the bank's coffers.
Then through the magic of fractional reserve lending, it was transformed into loans to private investors who then bought the remaining 80% of the shares. Just as before, the primary stockholders remained a secret. But it is known that the largest block of shares, about one third of the total, were sold to foreigners. As one observer put it, it is certainly no exaggeration to say that the second bank of the United States was rooted as deeply in Britain as it was in America. So by 1816, some authors claim the Rothschilds had taken control over the Bank of England and backed a new privately owned central bank in America as well.
After twelve years of manipulations of The US economy on the part of the second bank of the US, the American people had had just about enough. Opponents of the bank nominated a dignified senator from Tennessee, Andrew Jackson, the hero of the battle of New Orleans to run for president. This is his home, the Hermitage. No one gave Jackson a chance initially. The bank had long ago learned how the political process could be controlled with money.
To the surprise and dismay of the money changers, Jackson was swept into office in 1828. Jackson was determined to kill the bank at the first opportunity and wasted no time in trying to do so. But the bank's twenty year charter didn't come up for renewal until 1836, the last year of his second term if he could survive that long. During his first term, Jackson contented himself with rooting out the bank's many minions from government service. He fired 2,000 of the 11,000 employees of the federal government.
In 1832, with his reelection approaching, the bank struck an early blow, hoping Jackson would not want to stir up controversy. They asked Congress to pass a renewal bill four years early. Naturally, Congress complied, then sent it to the president for signing. But Jackson weighed in with both feet. Old Hickory, never a coward, vetoed the bill.
His veto message is one of the great American documents. It clearly lays out the responsibility of the American government towards its citizens, rich and poor.
Speaker 0: It is not our own citizens only who are to receive the bounty of our government. More than 8 millions of the stock of this bank are held by foreigners. Is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country? Controlling our currency, receiving our public monies, and holding thousands of our citizens independence would be more formidable and dangerous than a military power of the enemy. If government would confine itself to equal protection and, as heaven does its rains, shower its favor alike on the high and the low, the rich and the poor, it would be an unqualified blessing.
In the act before me, there seems to be a wide and unnecessary departure from these just principles.
Speaker 1: Later that year, in July 1832, Congress was unable to override Jackson's veto. Now Jackson had to stand for reelection. Jackson took his argument directly to the people. For the first time in US history, Jackson took his presidential campaign on the road. Before then, presidential candidates stayed at home and looked presidential.
His campaign slogan was Jackson and no bank. The National Republican Party ran senator Henry Clay against Jackson. Despite the fact that the bankers poured over $3,000,000 into Clay's campaign, Jackson was reelected by a landslide in November of eighteen thirty two. Despite his presidential victory, Jackson knew the battle was only beginning. The hydra of corruption is only scotched, not dead, said the newly elected president.
Jackson ordered his new secretary of treasury, Louis McLean, to start removing the government's deposits from the second bank and start placing them in state banks. But McLean refused to do so. Jackson fired him and appointed William j Dewayne as the new secretary of the treasury. Dewayne also refused to comply with the president's requests, and so Jackson fired him as well and then appointed Roger b Taney to the office. Taney did withdraw government funds from the bank starting on 10/01/1833.
Jackson was jubilant. I have it chained. I'm ready with screws to draw every tooth and then the stumps, but the bank was not yet done fighting. Its head, Nicholas Biddle, used his influence to get the senate to reject Taney's nomination. Then in a rare show of arrogance, Biddle threatened to cause a depression if the bank was not rechartered.
Speaker 0: This worthy president thinks that because he has scalped Indians and imprisoned judges, he is to have his way with the bank, he is mistaken.
Speaker 1: Next, in an unbelievable fit of honesty for a central banker, Biddle admitted that the bank was going to make money scarce to force congress to restore the bank.
Speaker 0: Nothing but widespread suffering will produce any effect on congress. Our only safety is in pursuing a steady course of firm restriction, and I have no doubt that such a course will ultimately lead to restoration of the currency and the recharter of the bank.
Speaker 1: What a stunning revelation. Here was the pure truth revealed with shocking clarity. Biddle intended to use the money contraction power of the bank to cause a massive depression until America gave in. Unfortunately, this has happened time and time again throughout US history and is about to happen again in today's world. Nicholas Biddle made good on his threat.
The bank sharply contracted the money supply by calling in old loans and refusing to extend new ones. A financial panic ensued followed by a deep depression. Naturally, Biddle blamed Jackson for the crash, saying that it was caused by the withdrawal of federal funds from the bank. Unfortunately, his plan worked well. Wages and prices sagged.
Unemployment soared along with business bankruptcies. The nation quickly went into an uproar. Newspaper editors blasted Jackson in editorials. The bank threatened to withhold payments, which then could be made directly to key politicians for their support. Within only months, congress assembled in what was called the panic session.
Six months after he had withdrawn funds from the bank, Jackson was officially censured by a resolution which passed the senate by a vote of 26 to 20. It was the first time a president had ever been censured by congress. Jackson lashed out at the bank. You are a den of vipers. I intend to route you out, and by eternal god, I will route you out.
America's fate teetered on a knife edge. If congress could muster enough votes to override Jackson's veto, the bank would be granted another twenty year monopoly or more over America's money, time enough to consolidate its already great power. Then a miracle occurred. The governor of Pennsylvania came out supporting president Jackson and strongly criticized the bank. On top of that, Biddle had been caught boasting in public about the bank's plan to crash the economy.
Suddenly, the tide shifted. In April of eighteen thirty four, the House of Representatives voted one thirty four to 82 against rechartering the bank. This was followed up by an even more lopsided vote to establish a special committee to investigate whether the bank had caused the crash. When the investigating committee arrived at the bank store in Philadelphia, armed with a subpoena to examine the books, Biddle refused to give them up, nor would he allow inspection of correspondence with congressmen relating to their personal loans and advances he'd made to them. He also refused to testify before the committee back in Washington.
On 01/08/1835, Jackson paid off the final installment on the national debt, which had been necessitated by allowing the banks to issue currency for government bonds rather than simply issuing treasury notes without such debt. He was the only president to ever pay off the debt. A few weeks later on 01/30/1835, an assassin by the name of Richard Lawrence tried to shoot president Jackson, but by the grace of God, both pistols misfired. Lawrence was later found not guilty by reason of insanity. After his release, he bragged to friends that powerful people in Europe had put him up to the task and promised to protect him if he were caught.
The following year, when its charter ran out, the second bank of the United States ceased functioning as the nation's central bank. Biddle was later arrested and charged with fraud. He was tried and acquitted, but died shortly thereafter while still tied up in civil suits. After his second term as president, Jackson retired here to the hermitage outside of Nashville to live out his life. He is still remembered here for his determination to kill the bank.
In fact, he killed it so well that it took the money changers seventy seven years to undo the damage. When asked what his most important accomplishment had been, Jackson replied, I killed the bank. Unfortunately, even Jackson failed to grasp the entire picture and its root cause. Although Jackson had killed the central bank, the most insidious weapon of the money changers, fractional reserve banking, remained in use by the numerous state chartered banks. This fueled economic instability in the years before the civil war.
Still, the central bankers were out, and as a result, America thrived as it expanded westward. During this time, the principal money changers struggled to regain their lost centralized power, but to no avail. Then finally, they reverted to the old central bankers formula, war to create debt and dependency. If they couldn't get their central bank any other way, America could be brought to its knees by plunging it into a civil war just as they had done in 1812 after the first bank of the United States was not rechartered. One month after the inauguration of Abraham Lincoln, the first shots of the American Civil War were fired here at Fort Sumter, South Carolina on 04/12/1861.
Certainly slavery was a cause for the Civil War, but not the primary cause. Lincoln knew that the economy of the South depended upon slavery, and so before the civil war, he had no intention of eliminating it. Lincoln had put it this way in his inaugural address only one month earlier.
Speaker 0: I have no purpose directly or indirectly to interfere with the institution of slavery in the states where it now exists. I believe I have no lawful right to do so, and I have no inclination to do so.
Speaker 1: Even after the first shots were fired here at Fort Sumter, Lincoln continued to insist that the civil war was not about the issue of slavery.
Speaker 0: My paramount objective is to save the Union, and it is not either to save or destroy slavery. If I could save the union without freeing any slave, I would do it.
Speaker 1: So what was the civil war all about? There were many factors at play. Northern industrialists had used protective tariffs to prevent the Southern states from buying cheaper European goods. Europe retaliated by stopping cotton imports from the South. The Southern states were in a double financial bind.
They were forced to pay more for most of the necessities of life while their income from cotton exports plummeted. The South was angry. But there were other factors at work. The money changers were still stung by America's withdrawal from their control twenty five years earlier. Since then, America's wild cat economy had made the nation rich, a bad example for the rest of the world.
The central bankers now saw an opportunity to split the rich new nation, to divide and conquer by war. Was this just some sort of wild conspiracy theory at the time? Well, let's take a look at what a well placed observer of the scene had to say at the time. His name was Otto von Bismarck, chancellor of Germany, the man who united the German states a few years later. The division of The United States into federations of equal force was decided long before the civil war by the high financial powers of Europe.
These bankers were afraid that The United States, if they remained as one bloc and as one nation, would attain economic and financial independence which would upset their financial domination over the world. Within months after the first shots here at Fort Sumter, the central bankers loaned Napoleon the third of France, the nephew of the Waterloo Napoleon, Two Hundred And Ten Million Francs to seize Mexico and station troops along the southern border of The US taking advantage of their war to violate the Monroe Doctrine and return Mexico to colonial rule. No matter what the outcome of the civil war, a weakened America heavily indebted to the money changers would open up Central And South America once again to European colonization and domination. The very thing America's Monroe Doctrine had forbade in 1823. At the same time, Great Britain moved 11,000 troops into Canada and positioned them menacingly along America's northern border.
The British fleet went to war alert should their quick intervention be called for. Lincoln knew he was in a double bind. That's why he agonized over the fate of the union. There was a lot more to it than just differences between the North and the South. That's why his emphasis was always on union and not merely the defeat of the South.
But Lincoln needed money to win. In 1861, Lincoln and his secretary of treasury, Salmon p Chase, went to New York to apply for the necessary loans. The money changers, anxious to see the union fail, offered loans at 24 to 36% interest. Lincoln said thanks, but no thanks, and returned to Washington. Lincoln sent for an old friend, colonel Dick Taylor of Chicago, and put him on the problem of financing the war.
During one meeting, Lincoln asked Taylor what he discovered. Taylor put it this way. Why, Lincoln, that is easy. Just get Congress to pass a bill authorizing the printing of full legal tender treasury notes And pay your soldiers with them and go ahead and win your war with them also. When Lincoln asked if the people of The United States would accept the notes, Taylor said, the people or anyone else will not have any choice in the matter if you make them full legal tender.
They will have the full sanction of the government and be just as good as any money as Congress is given that express right by the constitution. So that's exactly what Lincoln did. In eighteen sixty two, sixty three, he printed up $450,000,000 worth of the new bills. In order to distinguish them from other banknotes in circulation, he printed them in green ink on the backside. That's why the notes were called greenbacks.
With this new money, Lincoln paid the troops and bought their supplies. During the course of the war, nearly $450,000,000 worth of greenbacks were printed at no interest to the federal government. Lincoln understood who was really pulling the strings strings and what was at stake for the American people. This is how he explained his rationale.
Speaker 0: The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government's greatest creative opportunity. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be mastered and become the servant of humanity.
Speaker 1: A truly incredible editorial in the London Times explained the central bankers' attitude towards Lincoln's greenbacks.
Speaker 0: If this mischievous financial policy, has its origins in North America, shall become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains and wealth of all countries will go to North America.
That country must be destroyed, or it will destroy every monarchy on the globe.
Speaker 1: The scheme was effective. So effective that the next year, 1863, with federal and confederate troops beginning to mass for the decisive battle of the civil war and the treasury in need of further congressional authority to issue more greenbacks, Lincoln allowed the bankers to push through the National Bank Act. These new national banks would operate under a virtual tax free status and collectively have the exclusive monopoly power to create the new form of money, banknotes. Though greenbacks continued to circulate, their numbers were not increased. But most importantly, from this point on, the entire US money supply would be created out of debt by bankers buying US Government bonds and issuing them for reserves for banknotes.
As historian John Kenneth Galbraith explained it
Speaker 0: In numerous years following the war, the federal government ran a heavy surplus. It could not, however, pay off its debt, retire its securities because to do so meant there would be no bonds to back the national banknotes. To pay off the debt was to destroy the money supply.
Speaker 1: Later in 1863, Lincoln got some unexpected help from czar Alexander the second of Russia. The czar, like Bismarck in Germany, knew what the international money changers were up to and had steadfastly refused to let them set up a central bank in Russia. If America survived and was able to remain out of their clutches, the czar's position would remain secure. If the bankers were successful at dividing America and giving the pieces back to Great Britain and France, both nations under control of their central banks, eventually, they would threaten Russia again. So the czar gave orders that if either England or France actively intervened and gave aid to the South, Russia would consider such action as a declaration of war.
He did the same with part of his Pacific fleet and sent them to port in San Francisco. Lincoln was reelected the next year, eighteen sixty four. Had he lived, he would surely have killed the national bank's money monopoly extracted from him during the war. On 11/21/1864, he wrote a friend the following.
Speaker 0: The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.
Speaker 1: Shortly before Lincoln was murdered, his former secretary of treasury, Salmon p Chase, bemoaned his role in helping secure the passage of the National Banking Act only one year earlier.
Speaker 0: My agency in promoting the passage of the National Banking Act was the greatest financial mistake in my life. It has built up a monopoly which affects every interest in the country.
Speaker 1: On April after his second inauguration and just five days after Lee surrendered to Grant at Appomattox, Lincoln was shot by John Wilkes Booth at Ford's Theatre. Bismarck, Chancellor of Germany, lamented the death of Abraham Lincoln.
Speaker 0: The death of Lincoln was a disaster for Christendom. There was no man in The United States great enough to wear his boots. I fear that foreign bankers with their craftiness and torturous tricks will entirely corrupt the exuberant riches of America and use it systematically to corrupt modern civilization. They will not hesitate to plunge the whole of Christendom into wars and chaos in order that the earth should become their inheritance.
Speaker 1: Bismarck well understood the money changers' plan. Allegations that international bankers were responsible for Lincoln's assassination surfaced in Canada Seventy Years later in 1934. Gerald g McGeer, a popular and well respected Canadian attorney, revealed this stunning charge in a five hour speech before the Canadian House of Commons blasting Canada's debt based money system. Remember, it was 1934, the height of the Great Depression, which was ravaging Canada as well. McGeer had obtained evidence deleted from the public record provided to him by Secret Service agents at the trial of John Wilkes Booth, after Booth's death.
McGeer said it showed that Booth was a mercenary working for the international bankers. According to an article in the Vancouver Sun of 05/02/1934
Speaker 0: Abraham Lincoln, the martyred emancipator of the slaves, was assassinated through the machinations of a group representative of the international bankers who feared The United States President's national credit ambitions. There was only one group in the world at that time who had any reason to desire the death of Lincoln. They were the men opposed to his national currency program and who had fought him throughout the whole civil war on his policy of greenback currency.
Speaker 1: Interestingly, McGeer claimed that Lincoln was assassinated not only because international bankers wanted to reestablish a central bank in America, but because they also wanted to base America's currency on gold, gold they controlled. In other words, put America on a gold standard. Lincoln had done just the opposite by issuing US notes, greenbacks, which were based purely on the good faith and credit of The United States. The article quoted McGeer as saying
Speaker 0: They were the men interested in the establishment of the gold standard and the right of the bankers to manage the currency and credit of every nation in the world. With Lincoln out of the way, they were able to proceed with that plan and did proceed with it in The United States. Within eight years after Lincoln's assassination, silver was demonetized and the gold standard money system set up in The United States.
Speaker 1: Not since Lincoln has The US issued debt free United States notes. These red sealed bills, which were issued in 1963, were not a new issue from president Kennedy, but merely the old greenbacks reissued year after year. In another act of folly and ignorance, the 1994 Regal Act actually authorized the replacement of Lincoln's greenbacks with debt based notes. In other words, greenbacks were in circulation in The United States until 1994. Why was silver bad for the bankers and gold good?
Simple. Because silver was plentiful in The United States. It was very hard to control. Gold was and always has been scarce. Throughout history, it has been relatively easy to monopolize gold, but silver has historically been 15 times more plentiful.
With Lincoln out of the way, the money changers' next objective was to gain complete control over America's money. This was no easy task. With the opening of the American West, silver had been discovered in huge quantities. On top of that, Lincoln's greenbacks were generally popular. Despite the European Central Bankers' deliberate attacks on greenbacks, they continued to circulate in The United States, in fact, until a few years ago.
According to historian w Cleon Skousen
Speaker 0: Right after the civil war, there was considerable talk about reviving Lincoln's brief experiment with the constitutional monetary system. Had not the European Money Trust intervened, it would have no doubt become an established institution.
Speaker 1: It is clear that the concept of America printing her own debt free money sent shock waves throughout the European central banking elite. They watched with horror as Americans clamored for more greenbacks. They may have killed Lincoln, but support for his monetary ideas grew. On 04/12/1866, nearly one year to the day of Lincoln's assassination, congress went to work at the bidding of the European Central Banking interests. It passed the contraction act authorizing the secretary of the treasury to begin to retire some of the greenbacks in circulation and thereby contract the money supply.
Authors Theodore R. Thorin and Richard F. Warner explained the results of the money contraction in their classic book on the subject, the truth in money book.
Speaker 0: The hard times which occurred after the civil war could have been avoided if the greenback legislation had continued as president Lincoln had intended. Instead, there were a series of money panics, what we call recessions, which put pressure on congress to enact legislation to place the banking system under centralized control. Eventually, the Federal Reserve Act was passed on 12/23/1913.
Speaker 1: In other words, the money changers wanted two things, the reinstitution of a central bank under their exclusive control, and two, an American currency backed by gold. Their strategy was twofold. First of all, cause a series of panics to try to convince the American people that only centralized control of the money supply could provide economic stability. And secondly, remove so much money from the system that most Americans would be so desperately poor that they either wouldn't care or would be too weak to oppose the bankers. In 1866, there was $1,800,000,000 in currency in circulation in The United States, about $50.46 per capita.
In 1867 alone, half a billion dollars, 5 hundred million dollars, was removed from The US money supply. Ten years later, in 1876, America's money supply was reduced to only 600,000,000. In other words, two thirds of America's money had been called in by the bankers. Only $14.60 per capita remained in circulation. Ten years later, the money supply had been reduced to only $400,000,000, even though the population had boomed.
The result was that only $6.67 per capita remained in circulation, a 760% loss in buying power over twenty years. Today, economists try to sell the idea that recessions and depressions are a natural part of something they call the business cycle. The truth is our money supply is manipulated now just as it was before and after the civil war. How did this happen? How did money become so scarce?
Simple. Bank loans were called in, and no new ones were given. In addition, silver coins were melted down. In 1872, a man named Ernest Said was given a hundred thousand pounds, about $500,000, by the Bank of England and sent to America to bribe necessary congressmen to get silver demonetized. He was told that if that was not sufficient to draw an additional hundred thousand pounds or as much more as was necessary.
The next year, congress passed the coinage act of 1873, and the minting of silver dollars abruptly stopped. In fact, representative Samuel Hooper, who introduced the bill in the house, acknowledged that mister Sad actually drafted the legislation. But it gets even worse than that. In 1874, Sad himself admitted who was behind the scheme.
Speaker 0: I went to America in the winter of eighteen seventy two, seventy three authorized to secure, if I could, the passage of a building monetizing silver. It was in the interest of those I represented, the governors of the Bank of England, to have it done. By 1873, gold coins were the only form of coin money.
Speaker 1: But the contest over control of America's money was not yet over. Only three years later in 1876, with one third of America's workforce unemployed, the population was growing restless. People were clamoring for a return to the greenback money system of president Lincoln or a return to silver money, anything that would make money more plentiful. That year, congress created the United States Silver Commission to study the problem. Their report clearly blamed the monetary contraction on the national bankers.
Interesting because it compares the deliberate money contraction by the national bankers after the civil war to the fall of the Roman Empire.
Speaker 0: The disaster of the dark ages was caused by decreasing money and falling prices. Without money, civilization could not have had a beginning. And with a diminishing supply, it must languish and unless relieved, finally perish. At the Christian era, the metallic money of the Roman Empire amounted to $1,800,000,000. By the end of the fifteenth century, it had shrunk to less than $200,000,000.
History records no other such disastrous transition as that from the Roman Empire to the dark ages.
Speaker 1: Despite this report by the Silver Commission, Congress took no action. The next year, eighteen seventy seven, riots broke out from Pittsburgh to Chicago. The torches of starving vandals lit up the sky. The bankers huddled to decide what to do. They decided to hang on.
Now that they were back in control to a certain extent, they were not about to give it up. At the meeting of the American Bankers Association that year, they urged their membership to do everything in their power to put down the notion of a return to greenbacks. The ABA secretary, James Buell, authored a letter to the members which blatantly called on the banks to subvert not only congress but the press.
Speaker 0: It is advisable to do all in your power to sustain such prominent daily and weekly newspapers, especially the agricultural and religious press, as will oppose the greenback issue of paper money, and that you will also withhold patronage from all applicants who are not willing to oppose the government issue of money. To repeal the act creating banknotes or to restore to circulation the government issue of money will be to provide the people with money and will therefore seriously affect our individual profits as bankers and lenders. See your congressman at once and engage him to support our interests that we may control. Legislation.
Speaker 1: As political pressure mounted in congress for change, the press tried to turn the American people away from the truth. The New York Tribune put it this way on 01/10/1878. The capital of the country is organized at last, and we will see whether congress will dare to fly in its face. But it didn't work entirely. On 02/28/1878, congress passed the Sherman Law, allowing the minting of a limited number of silver dollars ending the five year hiatus.
This did not end gold backing of the currency, however, nor did it completely free silver. Previous to 1873, anyone who brought silver to the US Mint could have it struck into silver dollars free of charge. No longer. But at least some money began to flow back into the economy again. With no further threat to their control, the bankers loosened up on loans, and the post civil war depression was finally ended.
Three years later, the American people elected republican James Garfield president. Garfield understood how the economy was being manipulated. As a congressman, he had been chairman of the appropriations committee and was a member of banking and currency. After his inauguration, he slammed the money changers publicly in 1881. Whoever controls the volume of money in any country is absolute master of all industry and commerce.
And when you realize that the entire system is very easily controlled one way or another by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate. Unfortunately, within a few weeks of making this statement, on July second of eighteen eighty one, president Garfield was assassinated. The money changers were gathering strength fast. They began a periodic fleecing of the flock, as they called it, by creating economic booms followed by further depressions so they could buy up thousands of homes and farms for pennies on the dollar. In 1891, the money changers prepared to take the American economy down again, and their methods and motives were laid out with shocking clarity in a memo sent out by the American Bankers Association, the ABA, an organization in which most bankers remembers.
Notice that this memo called for bankers to create a depression on a certain date three years in the future. According to the congressional record, here's how it read in part. On 09/01/1894, we will not renew our loans under any consideration. On September 1, we will demand our money. We will foreclose and become mortgagees in possession.
We can take two thirds of the farms West Of The Mississippi and thousands of them East Of The Mississippi as well at our price. Then the farmers will become tenants as in England. These depressions could be controlled because America was on the gold money standard. Since gold is scarce, it's one of the easiest commodities to manipulate. People wanted silver money legalized again so they could escape the stranglehold the money changers had on gold money.
People wanted silver money reinstated, reversing mister Said's act of 1873 by then called the crime of '73. By 1896, the issue of more silver money had become the central issue in the presidential campaign. William Jennings Bryan, a senator from Nebraska, ran for president as a democrat on the free silver issue. At the Democratic National Convention in Chicago, he made an emotional speech which won him the nomination entitled crown of thorns and cross of gold. Though Bryan was only 36 years old at the time, this speech is widely regarded as the most famous oration ever made before a political convention.
In the dramatic conclusion, Brian said
Speaker 0: We will answer their demand for our gold standard by saying to them, you shall not press down upon the brow of labor of this crown of thorns. You shall not crucify mankind upon a cross of gold.
Speaker 1: The bankers lavishly supported the Republican candidate, William McKinley, who favored the gold standard. The resulting contest was amongst the most fiercely contested presidential races in American history. Bryan made over 600 speeches in 27 states. The McKinley campaign manufacturers and industrialists to inform their employees that if Bryan were elected, all factories and plants would close and there would be no work. The ruse succeeded.
McKinley beat Bryan by a small margin. Bryan ran for president again in 1900 and in nineteen o eight, but fell short each time. During the nineteen twelve Democratic convention, Bryan was a powerful figure who helped Woodrow Wilson win the nomination. When Wilson became president, he appointed Brian as secretary of state, but Brian soon became disenchanted with the Wilson administration. Brian served only two years in the Wilson administration before resigning in 1915 over the highly suspicious sinking of the Lusitania, the event which was used to drive America into World War one.
Although William Jennings Bryan never gained the presidency, his efforts delayed the money changers for seventeen years from attaining their next goal, a new privately owned central bank for America. Now it was time for the money changers to get back to the business of a new private Central Bank for America. During the early nineteen hundreds, men like JP Morgan led the charge. One final panic would be necessary to focus the nation's attention on the supposed need for a central bank. The rationale was that only a central bank can be prevent bank failures.
Morgan was clearly the most powerful banker in America and a suspected agent for the Rothschilds. Morgan had helped finance John D. Rockefeller's Standard Oil empire. He had also helped finance the monopolies of Edward Harriman in railroads, of Andrew Carnegie in steel, and of others in numerous industries. But on top of that, JP Morgan's father, Junius Morgan, had been America's Financial Agent to the British.
After his father's death, JP Morgan took on a British partner, Edward Grenfell, a longtime director of the Bank of England. In fact, upon Morgan's death, his estate contained only a few million dollars. The bulk of the securities most people thought he owned were in fact owned by others. In nineteen o two, president Theodore Roosevelt allegedly went after Morgan and his friends by using the Sherman Antitrust Act to try to break up their industrial monopolies. Actually, Roosevelt did very little to interfere in the growing monopolization of American industry by the bankers and their surrogates.
For example, Roosevelt supposedly broke up the standard oil monopoly, but it wasn't really broken at all. It was merely divided into seven corporations, all still controlled by the Rockefellers. The public was aware of this thanks to political cartoonists like Thomas Nast, who referred to the bankers as the money trust. By nineteen o seven, the year after Teddy Roosevelt's reelection, Morgan decided it was time to try for a central bank again. Using their combined financial muscle, Morgan and his friends were secretly able to crash the stock market.
Thousands of small banks were vastly overextended. Some had reserves of less than 1%, thanks to the fractional reserve principle. Within days, bank runs were commonplace across the nation. Now Morgan stepped into the public arena and offered to prop up the faltering American economy by supporting failing banks with money he manufactured out of nothing. It was an outrageous proposal, far worse than even fractional reserve banking, but Congress let him do it.
Morgan manufactured 200,000,000 dollars' worth of this completely reserve less private money and bought things with it, paid for services with it, and sent some of it to his branch banks to lend out at interest. His plan worked. Soon the public regained confidence in money in general and quit hoarding their currency. But as a result, banking power was further consolidated into the hands of a few large banks. By nineteen o eight, the panic was over, and Morgan was hailed as a hero by the president of Princeton University, a man by the name of Woodrow Wilson.
Speaker 0: All this trouble could be averted if we appointed a committee of six or seven public spirited men like JP Morgan to handle the affairs of our country.
Speaker 1: Economics textbooks would later explain that the creation of the Federal Reserve System was the direct result of the panic of nineteen o seven. Quote, with its alarming epidemic of bank failures, the country was fed up once and for all with the anarchy of unstable private banking, close quote. But Minnesota congressman Charles a Lindbergh senior, the father of the famous aviator Lucky Linde, later explained that the panic of nineteen o seven was really just a scam.
Speaker 0: Those not favorable to the money trust could be squeezed out of business, and the people frightened into demanding changes in the banking and currency laws, which the money trust would bring.
Speaker 1: So since the passage of the National Bank Act of 1863, the money changers had been able to create a series of booms and busts. The purpose was not only to fleece the American public of their property, but to later claim that the banking system was basically so unstable that it had to be consolidated into a central bank once again. After the crash, Teddy Roosevelt, in response to the panic of nineteen o seven, signed into law a bill creating something called the National Monetary Commission. The commission was to study the banking problem and make recommendations to congress. Of course, the commission was packed with Morgan's friends and cronies.
The chairman was a man named senator Nelson Aldrich from Rhode Island. Aldrich represented the Newport, Rhode Island homes of America's richest banking families. His daughter married John D. Rockefeller junior, and together they had five sons. John, Nelson, who would become vice president in 1974, Lawrence, Winthrop, and David, the head of the Council on Foreign Relations and former chairman of Chase Manhattan Bank.
As soon as the National Monetary Commission was set up, senator Aldrich immediately embarked on a two year tour of Europe, where he consulted at length with the private central bankers in England, France, and Germany. The total cost of his trip alone to the taxpayers was $300,000, an astronomical sum in those days. Shortly after his return on the evening of 11/22/1910, some of the wealthiest and most powerful men in America boarded senator Aldrich's private rail car and in the strictest secrecy journeyed to this place, Jekyll Island off the coast of Georgia. With the group came Paul Warburg. Warburg had been given a $500,000 per year salary to lobby for the passage of a privately owned central bank in America by the investment firm Kuhn Loeb and Company.
Warburg's partner in this firm was a man named Jacob Schiff, the grandson of the man who shared the Green Shield House with the Rothschild family in Frankfurt. Schiff, as we'll find out later, was in the process of spending $20,000,000 to finance the overthrow of the czar in Russia. These three European banking families, the Rothschilds, the Warburgs, and the Schiffs, were interconnected by marriage down through the years just as their American banking counterparts, the Morgans, Rockefellers, and Aldriches were. Secrecy was so tight that all seven primary participants were cautioned to use only first names to prevent servants from learning their identities. Years later, one participant, Frank Vanderlip, president of National City Bank of New York and a representative of the Rockefeller family, confirmed the Jekyll Island trip in a 02/09/1935 edition of the Saturday Evening Post.
Speaker 0: I was as secretive, indeed as furtive as any conspirator discovery we knew simply must not happen or else all our time and effort would be wasted. If it were to be exposed that our particular group had got together and written a banking bill, that bill would have no chance whatever. A passage by congress.
Speaker 1: The participants came here to figure out how to solve their major problem, how to bring back a privately owned central bank. But there were other problems that needed to be addressed as well. First of all, the market share of the big national banks was shrinking fast. In the first ten years of the century, the number of US banks had more than doubled to over 20,000. By 1913, only 29 of all banks were national banks, and they held only 57% of all deposits.
As senator Aldrich later admitted in a magazine article
Speaker 0: Before passage of this act, the New York bankers could only dominate the reserves of New York. Now we are able to dominate the bank reserves of the entire country.
Speaker 1: Therefore, something had to be done to bring these new banks under their control. As John D. Rockefeller put it, quote, competition is sin, close quote. Secondly, the nation's economy was so strong that corporations were starting to finance their expansions out of profits instead of taking out huge loans from large banks. In the first ten years of the new century, 70% of corporate funding came from profits.
In other words, American industry was becoming independent of the money changers, and that trend had to be stopped. All the participants knew that these problems could be hammered out into a workable solution, but perhaps their biggest problem was a public relations problem, the name of the new bank. That discussion took place right here in this room, one of the many conference rooms in this sprawling hotel, today known as the Jekyll Island Club Hotel. Aldrich believed that the word bank should not even appear in the name. Warburg wanted to call the legislation the National Reserve Bill or the Federal Reserve Bill.
The idea here was to give the impression that the purpose of the new central bank was to stop bank runs, but also to conceal its monopoly character. However, it was Aldrich, the egotistical politician, who insisted it be called the Aldrich Bill. After nine days at Jekyll Island, the group dispersed. The new central bank would be very similar to the old bank of the United States. It would be given a monopoly over US currency and create that money out of nothing.
How does the Fed create money out of nothing? It's a four step process. But first, a word on bonds. Bonds are simply promises to pay or government IOUs. People buy bonds to get a secure rate of interest.
At the end of the term of the bond, the government repays the bond plus interest, and the bond is destroyed. There are about $3,600,000,000,000 worth of these loans or bonds at present. Now here's the Fed money making process. Step one, the Federal Open Market Committee approves the purchase of US bonds on the open market. Step two, the bonds are purchased by the Fed from whoever is offering them for sale on the open market.
Step three, the Fed pays for the bonds with electronic credits to the seller's bank, which in turn credits the seller's bank account. The trick is that these credits are based on nothing. The Fed just creates them. Step four, the banks use these deposits as reserves. They can loan out over 10 times the amount of their reserves to new borrowers all at interest.
In this way, a Fed purchase of, say, a million dollars worth of bonds gets turned into over $10,000,000 in bank accounts. The Fed, in effect, creates 10% of this totally new money and the banks create the other 90%. To reduce the amount of money in the economy, the process is just reversed. The Fed sells bonds to the public and the money flows out of the purchaser's local bank. Loans must be reduced by 10 times the amount of the sale.
So a Fed sale of a million dollars in bonds results in $10,000,000 less money in the economy. So how does this benefit the bankers whose representatives huddled to Jekyll Island? First, it totally misdirected banking reform efforts from proper solutions. Second, it prevented a proper debt free system of government finance like Lincoln's greenbacks from making a comeback. The bond based system of government finance forced on Lincoln after he created greenbacks was now cast in stone.
Third, it delegated to the bankers the right to create 90% of our money supply based on only fractional reserves, which they then loan out at interest. Fourth, it centralized overall control of our nation's money supply in the hands of a few men. Fifth, it established a central bank with a high degree of independence from effective political control. Soon after its creation, the Fed's great contraction in the early nineteen thirties would cause the Great Depression. This independence has been enhanced since then through additional laws.
In order to fool the public into thinking the government retained control, the plan called for the Fed to be run by a board of governors appointed by the president and approved by the senate. But all the bankers had to do was to be sure their men got appointed to the board of governors. That wasn't hard. Bankers have money, and money buys influence over politicians. Once the participants left Jekyll Island, the public relations blitz was on.
The big New York banks put together an educational fund of $5,000,000 to finance professors at respected universities to endorse the new bank. Woodrow Wilson at Princeton was one of the first to jump on the bandwagon. But the banker's subterfuge didn't work. The Aldrich bill was quickly identified as the banker's bill, a bill to benefit only what became known as the money trust. As congressman Lindbergh put it during the congressional debate
Speaker 0: The Aldrich plan is the Wall Street plan. It means another panic, if necessary, to intimidate the people. Aldrich, paid by the government to represent the people, proposes a plan for the trusts instead.
Speaker 1: Seeing they didn't have the votes to win in congress, the Republican leadership never brought the Aldrich bill to a vote. The bankers quietly decided to move to track two, the democratic alternative. They begin financing Woodrow Wilson as the democratic nominee. As respected historian James Perloff put it, Wall Street Financier Bernard Baruch was put in charge of Wilson's education.
Speaker 0: Baruch brought Wilson to the Democratic party headquarters in New York in 1912, leading him like one would a poodle on a string. Wilson received an indoctrination course from the leaders convened there.
Speaker 1: So now the stage was set. The money changers were poised to install their privately owned central bank once again. The damage president Andrew Jackson had done seventy six years earlier had been only partly repaired with the passage of the National Bank Act during the civil war. Since then, the battle had raged on across the decades. The Jacksonians became the greenbackers who became the hardcore supporters of William Jennings Bryan.
With Bryan leading the charge, these opponents of the money changers, ignorant of Baruch's tutelage, now threw themselves behind democrat Woodrow Wilson. They and Bryan would soon be betrayed. During the presidential campaign, the democrats were careful to pretend to oppose the Aldrich bill. As representative Lewis McFadden, himself a himself a democrat, as well as chairman of the house banking and currency committee explained it twenty years after the fact.
Speaker 0: The Aldrich bill was condemned in the platform. When Woodrow Wilson was nominated, the man who ruled the Democratic Party promised the people that if they were returned to power, there would be no central bank established here while they held the reins of government. Thirteen months later, that promise was broken. And the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind colonel House, established here in our free country the warm eaten monarchical institution of the King's Bank to control us from the top downward and to shackle us from the cradle to the grave.
Speaker 1: Once Wilson was elected, Morgan, Warburg, Baruch, and company advanced a new plan, which Warburg named the Federal Reserve System. The Democratic leadership hailed the new bill called the Glass Owen bill as something radically different from the Aldrich bill. But in fact, the bill was virtually identical in every important detail. In fact, so vehement were the democratic denials of similarity that Paul Warburg, the father of both bills, had to step in to reassure his paid friends in congress that the two bills were virtually identical.
Speaker 0: Brushing aside the external differences affecting the shells, we find the kernels of the two systems very closely resembling and related to one another.
Speaker 1: But that admission was for private consumption only. Publicly, the money trust trotted out senator Aldrich and Frank Vanderlip, the president of Rockefeller's National City Bank of New York and one of the Jekyll Island 7 to oppose the new Federal Reserve System. Years later, however, Vanderlip admitted in the Saturday Evening Post that the two measures were virtually identical.
Speaker 0: Although the Aldrich Federal Reserve Plan was defeated when it bore the name Aldrich, nevertheless, its essential points were all contained in the plan that finally was adopted.
Speaker 1: As congress neared a vote, they called Ohio attorney Alfred Crozier to testify. Crozier noted the similarities between the Aldrich bill and the Glass Owen bill.
Speaker 0: The bill grants just what Wall Street and the big banks for twenty five years have been striving for, private instead of public control of currency. It, the Glasowan bill, does this as completely as the Aldrich bill. Both measures rob the government and the people of all effective control over the public's money, and best in the banks exclusively the dangerous power to make money among the people scarce or plenty.
Speaker 1: During the debate on the measure, senators complained that the big banks were using their financial muscle to influence the outcome. There are bankers in this country who are enemies of the public welfare, said one senator. What an understatement. Despite the charges of deceit and corruption, the bill was finally snuck through the senate on 12/22/1913 after most senators had left town for the holidays after having been assured by the leadership that nothing would be done until long after the Christmas recess. On the day the bill was passed, congressman Lindbergh prophetically warned his countrymen that
Speaker 0: This act establishes the most gigantic trust on earth. When the president signs this bill, the invisible government by the monetary power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed. The worst legislative crime of the ages is perpetrated by this banking bill.
Speaker 1: On top of all this, only weeks earlier, congress had finally passed a bill legalizing income tax. Why was the income tax law important? Because bankers finally had in place a system which would run up a virtually unlimited federal debt. How would the interest on this debt be repaid? Never mind the principal.
Remember, a privately owned central bank creates the principal out of nothing. The federal government was small then. Up to then, it had subsisted merely on tariffs and excise taxes. No. Just as with the Bank of England, the interest payments had to be guaranteed by direct taxation of the people.
The money changers knew that if they had to rely on contributions from the states, eventually, the individual state legislatures would revolt and either refuse to pay the interest on their own money or at least bring pressure to bear to keep the debt small. It is interesting to note that in 1895, the Supreme Court had found a similar income tax law to be unconstitutional. The Supreme Court even found a corporate income tax law unconstitutional in nineteen o nine. As a result, senator Aldrich hustled a bill for a constitutional amendment allowing income tax through the congress. The proposed sixteenth amendment to the constitution was then sent to the state legislatures for approval, but some critics claim that the sixteenth amendment was never ratified by the necessary three quarters of the states.
In other words, the sixteenth amendment may not be legal. But the money changers were in no mood to debate the fine points. By October of nineteen thirteen, senator Aldrich had hustled the income tax bill through congress. Without the power to tax the people directly and bypass the states, the Federal Reserve bill would be far less useful to those who wanted to drive America deeply into their debt. A year after the passage of the Federal Reserve bill, congressman Lindbergh explained how the Fed created what we have come to call the business cycle and how they use it to their advantage.
Speaker 0: To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate, producing an expansion of credit and a rising stock market. Then when businessmen are adjusted to these conditions, it can check prosperity in mid career by arbitrarily raising interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate or cause violent fluctuations by a greater rate variation. Variation. And in either case, it will possess inside information as to financial conditions and advanced knowledge of the coming change, either up or down.
This is the strangest, most dangerous advantage ever placed in the hands of a special privileged class by any government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage. They also know when to stop panic. Inflation and deflation work equally well for them when they control finance.
Speaker 1: Congressman Lindbergh was correct on all points. What he didn't realize was that most European nations had already fallen prey to the central bankers decades or centuries earlier. But he also mentions the interesting fact that only one year later, the Fed had cornered the market in gold. This is how he put it, quote, already, the Federal Reserve Banks have cornered the gold and gold certificates, close certificates, close quote. But congressman Lindbergh was not the only critic of the Fed.
Congressman Lewis McFadden, the chairman of the House Banking and Currency Committee from 1920 to 1931, remarked that the Federal Reserve Act brought about
Speaker 0: A superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.
Speaker 1: Notice how McFadden saw the international character of the stockholders of the Federal Reserve. Another chairman of the House Banking and Currency Committee in the nineteen sixties, Wright Patman from Texas, put it this way.
Speaker 0: In The United States today, we have in effect two governments. We have the duly constituted government, then we have an independent, uncontrolled, and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the constitution.
Speaker 1: Even the inventor of the electric light, Thomas Edison, joined the fray in criticizing the system of the Federal Reserve.
Speaker 0: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. It is absurd say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay, but one promise fattens the users and the other helps the people.
Speaker 1: Three years after the passage of the Federal Reserve Act, even president Wilson began to have second thoughts about what had been unleashed during his first term in office.
Speaker 0: We have come to be one of the worst ruled, one of the most completely controlled governments in the civilized world, no longer a government of free opinion, no longer a government by a vote of the majority, but a government by the opinion and duress of a small group of dominant men. Some of the biggest men in The United States in the field of commerce and manufacture are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive that they had better not speak above their breath when they speak in condemnation of it.
Speaker 1: Before his death in 1924, president Wilson realized the full extent of the damage he had done to America when he confessed, I have unwittingly ruined my government. So finally, the money changers, those who profit by manipulating the amount of money in circulation, had their privately owned central bank installed again in America. The major newspapers which they also owned hailed passage of the Federal Reserve Act of 1913 telling the public that now depressions could be scientifically prevented. The fact of the matter was that now depressions could be scientifically created. Power was now centralized to a tremendous extent.
Now it was time for a war, a really big war. In fact, the first world war. Of course, to the central bankers, the political issues of war don't matter nearly as much as the profit potential, and nothing creates debts like warfare. England was the best example at that time. During the one hundred nineteen year period between the founding of the Bank of England and Napoleon's defeat at Waterloo, England had been at war for fifty six years, and much of the remaining time, she'd been preparing for war.
In World War one, the German Rothschilds loaned money to the Germans, the British Rothschilds loaned money to the British, and the French Rothschilds loaned money to the French. In America, JP Morgan was the sales agent for war materials to both the British and the French. In fact, six months into the war, Morgan became the largest consumer on earth spending $10,000,000 a day. His offices here at 23 Wall Street were mobbed by brokers and salesmen trying to cut a deal. In fact, it got so bad that the bank had to post guards at every door and at the partners' homes as well.
Many other New York bankers made out as well from the war. President Wilson appointed Bernard Baruch to head the war industries board. According to historian James Perloff, both Baruch and the Rockefellers profited by some $200,000,000 during the war. But profits were not the only motive. There was also revenge.
The money changers never forgave the czars for their support of Lincoln during the civil war. Also, Russia was the last major European nation to refuse to give in to the privately owned central bank scheme. Three years after World War one broke out, the Russian revolution toppled the czar and and installed the scourge of communism. Jacob Schiff of Kuhn Loeb and Company bragged from his deathbed that he had spent $20,000,000 towards the defeat of the czar. Money was funneled from England to support the revolution as well.
Why would some of the richest men in the world financially back communism, the system that was openly vowing to destroy the so called capitalism that made them wealthy? Researcher Gary Allen explained it this way.
Speaker 0: If one understands that socialism is not a share the wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super rich men promoting socialism becomes no paradox at all. Instead, it becomes logical, even the perfect tool of power seeking megalomaniacs. Communism, or more accurately socialism is not a movement of the downtrodden masses, but of the economic elite.
Speaker 1: As w Cleon Scousin put it in his 1970 book, the naked capitalist.
Speaker 0: Power from any source tends to create an appetite for additional power. It was almost inevitable that these super rich would one day aspire to control not only their own wealth, but the wealth of the whole world. To achieve this, they were perfectly willing to feed the ambitions of the power hungry political conspirators who were committed to the overthrow of all existing governments and the establishments of a central worldwide dictatorship.
Speaker 1: But what if these revolutionaries get out of control and try to seize power from the super rich? After all, it was Mao Tse Tung who in 1938 stated his position concerning power. Political power grows out the barrel of a gun. The Wall Street London axis elected to take the risk. The master planners attempted to control revolutionary communist groups by feeding them vast quantities of money when they obeyed and contracting their money supply or even financing their opposition if they got out of control.
Lenin began to understand that although he was the absolute dictator of the new Soviet Union, he was not pulling the financial strings. Someone else was silently in control.
Speaker 0: The state does not function as we desired. The car does not obey. A man is at the wheel and seems to lead it, but the car does not drive in the desired direction. It moves as another force wishes.
Speaker 1: Who is behind it? Representative Lewis T. McFadden, the chairman of the House Banking and Currency Committee throughout the nineteen twenties and into the Great Depression years of the nineteen thirties explained it this way.
Speaker 0: The course of Russian history has indeed been greatly affected by the operations of international bankers. The Soviet government has been given United States treasury funds by the Federal Reserve Board acting through the Chase Bank. England has drawn money from us through the Federal Reserve Banks and has relented at high rates of interest to the Soviet government. The Dniep Satori Dam was built with funds unlawfully taken from the United States Treasury by the corrupt and dishonest Federal Reserve Board and the Federal Reserve Banks.
Speaker 1: In other words, the Fed and the Bank of England at the behest of the international bankers who controlled them were creating a monster, one which would fuel seven decades of unprecedented communist revolution, warfare, and most importantly, debt. In case you think there's some chance that the money changers got communism going and then lost control, In 1992, the Washington Times reported that Russian president Boris Yeltsin was upset that most of the incoming foreign aid was being siphoned off, quote, straight back into the coffers of Western banks in debt service, close quote. No one in his right mind would claim that a war as large as World War one had a single cause. Wars are complex things with many causative factors. But on the other hand, it would also be equally foolish to ignore as a prime cause of World War one those who would profit the most from the war.
The role of the money changers is no wild conspiracy theory. They had a motive, a short ranged self serving motive as well as a long range political motive of advancing totalitarian governments with the money changers maintaining the financial clout to control whatever politician might emerge as the leader. Next, we'll see what the money changers ultimate political goal is for the world. Shortly after World War one, the overall political agenda of the money changers began to be clear. Now that they controlled national economies individually, the next step was the ultimate form of consolidation, world government.
The new world government proposal was given top priority at the Paris Peace Conference after World War one. It was called the League of Nations. But much to the surprise of Paul Warburg and Bernard Baruch, who attended the peace conference with president Wilson, the world was not yet ready to dissolve national boundaries. Nationalism still beats strong in the human breast. For example, Lord Curzon, the British foreign secretary, called the League of Nations a good joke even though it was the stated policy of the British government to support it.
To the humiliation of president Wilson, the US Congress wouldn't ratify the league either. Despite the fact that it had been ratified by many other nations without money flowing from the US treasury, the league died. After World War I, the American public had grown tired of the internationalist policies of democrat Woodrow Wilson. In the presidential election of nineteen twenty, republican Warren Harding won a landslide victory with over 60% of the vote. Harding was an ardent foe of both Bolshevism and the League of Nations.
His election, which opened a twelve year run of Republican presidents in the White House, led to an unprecedented era of prosperity known as the roaring twenties. Despite the fact that the war had brought America a debt 10 times larger than its civil war debt, still the American economy surged. Gold had poured into the country during the war, and it continued to do so afterwards. In the early nineteen twenties, the governor of this bank, the Federal Reserve Bank of New York, a man named Benjamin Strong, met frequently with the secretive and eccentric governor of the Bank of England, Montague Norman. Norman was determined to replace the gold England had lost to The US during World War one and return the Bank of England to its former position of dominance in world finance.
On top of that, rich with gold, the American economy might get out of control again just like it had done after the civil war. During the next eight years, under the presidencies of Harding and Coolidge, the huge federal debt buildup during World War one was cut by 38% down to $16,000,000,000, greatest percentage drop in US history. During the election of nineteen twenty, Warren Harding and Calvin Coolidge ran against James Cox, the governor of Ohio, and the little known Franklin d Roosevelt, who had previously risen to no higher post than president Wilson's assistant secretary of the navy. After his inauguration, Harding moved quickly to formally kill the League of Nations. Then he quickly moved to reduce domestic taxes while raising tariffs to record heights.
Now this was a revenue policy of which most of the founding fathers would certainly have approved. His second year in office, Harding took ill on a train trip in the West and suddenly died. Although no autopsy was performed, the cause was said to be either pneumonia or food poisoning. When Coolidge took over, he continued Harding's domestic economic policy of high tariffs on imports while cutting income taxes. As a result, the economy grew at such a rate that net revenue still increased.
Now that had to be stopped. So just as they'd done so frequently before, the money changers decided it was time to crash the American economy. The Federal Reserve began flooding the country with money. They increased the money supply by 62% during these years. Money was plentiful.
This is why it was known as the roaring twenties. Before his death in 1919, former president Teddy Roosevelt warned the American people what was going on. As reported in the 03/27/1922 edition of the New York Times, Roosevelt said, these international bankers and Rockefeller Standard Oil interests control the majority of newspapers and the columns of these papers to club into submission or drive out of public office officials who refused to do the bidding of the powerful corrupt clicks which composed the invisible government. Just one day before in the New York Times, the mayor of New York, John Hyland, quoted Roosevelt and blasted those he saw as taking control of America, its political machinery, and its press. The warning of Theodore Roosevelt has much timeliness today.
For the real menace of our republic is this invisible government, which like a giant octopus sprawls its slimy length over city, state, and nation. It seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller Standard Oil interest and a small group of powerful banking houses generally referred to as the international bankers virtually run the United States government for their own selfish purposes. They practically control both parties, write political platforms, make cat's paws of party leaders, use the leading men of private organizations, and resort to every device to place a nomination for high public office, only such candidates as will be amenable to the dictates of corrupt big business. These international bankers and Rockefeller Standard Oil interests control the majority of newspapers and magazines in this country.
Why didn't people listen to such strong warnings and demand that congress reverse its 1913 passage of the Federal Reserve Act? Because remember, it was the nineteen twenties. A steady increase in bank loans contributed to a rising market. In other words, just as it is today, in times of prosperity, no one wants to worry about economic issues. But there was a dark side to all this prosperity.
Businesses expanded and became strung out on credit. Speculation in the booming stock market became rampant. Although everything looked rosy, it was a castle made of sand. When all was in readiness, in April of nineteen twenty nine, Paul Warburg, the father of the Federal Reserve, sent out a secret advisory warning his friends that a collapse and nationwide depression was certain. In August of nineteen twenty nine, the Fed began to tighten money.
It is not a coincidence that the biographies of all the Wall Street giants of that era, John D. Rockefeller, JPMorgan, Bernard Baruch, etcetera, all marvel that they got out of the stock market just before the crash and put all their assets in cash or gold. On 10/24/1929, the big New York bankers called in their twenty four hour broker call loans. This meant that both stockbrokers and customers had to dump their stocks on the market to cover their loans no matter what price they had to sell them for. As a result, the market tumbled, and that day was known as Black Thursday.
According to John Kenneth Galbraith riding in the great crash nineteen twenty nine, at the height of the selling frenzy, Bernard Baruch brought Winston Churchill into the visitors gallery of the New York Stock Exchange here to witness the panic and impress him with his power over the wild events down on the floor. Congressman Lewis McFadden, chairman of the house committee on banking and currency from 1920 to 1931, knew who to blame. He accused the Fed and the international bankers of orchestrating the crash.
Speaker 0: It was not accidental. It was a carefully contrived occurrence. The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.
Speaker 1: But McFadden went even farther. He openly accused them of causing the crash in order to steal America's gold. In February 1931, in the midst of the depression, he put it this way.
Speaker 0: I think it can hardly be disputed that the statesmen and financiers of Europe are ready to take almost any means to reacquire rapidly the gold stock which Europe lost to America as the result of World War one.
Speaker 1: Curtis Dahl, a broker for Lehman Brothers, was on the floor of the New York Stock Exchange the day of the crash. In his 1970 book, FDR, My Exploited Father-in-law, he explained that the crash was triggered by the planned sudden shortage of call money in the New York money market.
Speaker 0: Actually, it was the calculated shearing of the public by the world money powers triggered by the planned sudden shortage of call money in the New York money market.
Speaker 1: Within a few weeks, three billion dollars of wealth simply seemed to vanish. Within a year, forty billion dollars had been lost. But did it really disappear, or was it simply consolidated in fewer hands? And what did the Federal Reserve do? Instead of moving to help the economy out by quickly lowering interest rates to stimulate the economy, the Fed continued to brutally contract the money supply further, deepening the depression.
Between 1929 and 1933, the Fed reduced the money supply by an additional 33%. Although most Americans have never heard that the Fed was the cause of the depression, this is well known among top economists. Milton Friedman, the Nobel Prize winning economist now of Stanford University, said the same thing in a national public radio interview in January of nineteen ninety six. The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933. But the money lost by most Americans during the depression didn't just vanish.
It was just redistributed into the hands of those who had gotten out just before the crash and had purchased gold, which is always a safe place to put your money just before a depression. But America's money also went overseas. Incredibly, as president Hoover was heroically trying to rescue banks and prop up businesses with millions of Americans starving as the Great Depression deepened, millions of dollars were being spent rebuilding Germany from damage sustained during World War one. Eight years before Hitler would invade Poland, Representative Louis McFadden, Chairman of the House Banking and Currency Committee, warned congress that Americans were paying for Hitler's rise to power. After World War one, Germany fell into the hands of the German international bankers.
Those bankers bought her, and they now own her lock, stock, and barrel. They have purchased her industries. They have mortgages on her soil. They control her production. They control all her public utilities.
The international German bankers have subsidized the present government of Germany, and they have also supplied every dollar of the money Adolf Hitler has used in his lavish campaign to build up a threat to the government of Bruning. When Bruning fails to obey the orders of the German international bankers, Hitler is brought forth to scare the Germans into submission. Through the Federal Reserve Board, over 30 billions of dollars of American money has been pumped into Germany. You have all heard of the spending that's taken place in Germany, modernistic dwellings, her great planetariums, her gymnasiums, her swimming pools, her fine public highways, her perfect factories. All this was done on our money.
All this was given to Germany through the Federal Reserve Board. The Federal Reserve Board has pumped so many billions of dollars into Germany that they dare not name the total. Franklin d Roosevelt was swept into office during the nineteen thirty two presidential election. Once Roosevelt was in office, however, sweeping emergency banking measures were immediately announced, which did nothing but increase the Fed's power over the money supply. Then and only then did the Fed finally begin to loosen the purse strings and feed new money out to the starving American people.
At first, Roosevelt railed against the money changers as being the cause of the depression. Believe it or not, this is what he said on 03/04/1933 in his inaugural address. Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men. The money changers have fled from their high seats in the temple of our civilization. But two days later, Roosevelt declared a bank holiday and closed all banks.
Later that year, Roosevelt outlawed private ownership of all gold bullion ownership of all gold bullion and all gold coins with the exception of rare coins. Most of the gold in the hands of the average American was in the form of gold coins. The new decree was in effect a confiscation. Those who didn't comply risk as much as ten years in prison and a $10,000 fine, the equivalent of a hundred thousand dollars today. Out in small town America, some people didn't trust Roosevelt's order.
Many were torn between keeping their hard earned wealth or obeying the government. Those who did turn in their gold were paid the official price for it, $20.66 per ounce. So unpopular was the confiscation order that no one anywhere in government would take credit for authoring it. No congressman claimed it. At the signing ceremony, president Roosevelt made it clear to all present that he was not the author of it and publicly stated that he had not ever read it.
Even his secretary of the treasury said he'd never read it either, saying it was, quote, what the experts wanted. Roosevelt convinced the public to give up their gold by saying that pooling the nation's resources was necessary to get America out of the depression. With great fanfare, he ordered a new bullion depository built to hold the mountain of gold the US government was illegally confiscating. By 1936, the US bullion depository at Fort Knox was completed. And in January 1937, the gold began to flow into it.
The rip off of the ages was about to proceed. In 1935, once the gold had all been turned in, the official price of gold was suddenly raised to $35 per ounce. But the catch was only foreigners could sell their gold at the new higher price. The money changers who had heated Warburg's note and gotten out of the stock market just before the crash and bought gold at $20.66 per ounce then shipped it to London could now bring it back and sell it back to the government nearly doubling their money while the average American starved. The Fort Knox bullion depository sits here in the middle of the Fort Knox Military Reservation, Thirty miles southwest of Louisville, Kentucky.
This was as close as we were permitted to get to the depository despite years of letters from members of congress to allow our film crew inside. The four acre grounds immediately surrounding the building are guarded by an electrified steel fence, an open moat, and four machine gun armed guard pillbox at the structure's corners. When the gold began arriving on 01/13/1937, there was unprecedented security. Thousands of official guests watched the arrival of a nine car train from Philadelphia guarded by armed soldiers, postal inspectors, secret servicemen, and guards from the US Mint. It was all great theater.
America's gold supply from across the land had been pooled supposedly for the public benefit and then safely tucked into Fort Knox. But all that security would soon be breached by the government itself. Now the stage was set for a really big war, one which would pile up debt far beyond that of World War one.
Speaker 0: For example, in 1944 alone, The US national income was only $183,000,000,000, yet 103,000,000,000 was spent on the war. This was 30 times the spending rate during World War one. In fact, the American taxpayer picked up 55% of the total Allied cost of the war. But equally important, virtually every nation involved in World War two greatly multiplied their debt. In The US, for example, federal debt went from 43,000,000,000 in 1940 up to 257,000,000,000 in 1950, an increase of 598%.
Between 1940 and 1950, Japanese debt swelled 1348%. French debt grew 583%, and Canadian debt soared 417%.
Speaker 1: After the war, the world was now divided into two economic camps, communist command economies on the one hand versus monopoly capitalists on the other, set to fight it out in one perpetual and highly profitable arms race. It was finally time for the central bankers to embark in earnest on their three step plan to centralize the economic systems of the entire world and finally bring about their global government or new world order. The phases of this plan were step one, central bank domination of national economies worldwide. Step two, centralize regional economies through organizations such as the European Monetary Union and regional trade unions such as NAFTA. Step three, centralize the world economy through a World Central Bank, a world money, and ending national independence through abolition of all tariffs by treaties like GATT.
Step one was completed long ago. Steps two and three are far advanced, nearing completion. What about gold? Among central banks, the largest holder of gold is now the IMF. It and central banks now control two thirds of the world's gold supply, giving them the ability to manipulate the gold market.
Remember the money changers golden rule, he who has the gold makes the rules. But before we get into solutions to our problem, let's take a look at what happened to all that gold in Fort Knox. Because if we don't understand that the gold has been stolen, we'll allow ourselves to be stampeded into the wrong solution, a gold backed currency. Most Americans still believe that the gold is still here at Fort Knox. At the end of World War two, Fort Knox contained over 700,000,000 ounces of gold, an incredible 70% of all the gold in the world.
How much remains? No one knows. Despite the fact that federal law requires an annual physical audit of Fort Knox gold, the treasury has consistently refused to conduct one. The truth is that a reliable audit of whatever remains here has not been conducted since president Eisenhower ordered one in 1953. Where did America's gold in Fort Knox go?
Over the years, it was sold off to European money changers at the $35 per ounce price. Remember, this was during a time when it was illegal for Americans to buy any of their own gold from Fort Knox. In fact, there was a very infamous case where the Firestone family set up a string of dummy corporations to purchase Fort Knox gold and keep it in Switzerland, never hitting US shores. They were eventually caught however and successfully prosecuted. Finally, by 1971, all the pure gold had been secretly removed from Fort Knox, drained back to London.
Once the gold was gone from Fort Knox, President Nixon closed the gold window by repealing Roosevelt's Gold Reserve Act of 1934, finally making it legal once again for Americans to buy gold. Naturally, gold prices immediately began to soar. Nine years later, gold sold for $880 per ounce, 25 times what the gold in Fort Knox was sold for. One would think that eventually someone in the government would get wind of what was happening and blow the whistle. The largest fortune in the history of the world, stolen.
Shades of the old James Bond film Goldfinger. Well, as a matter of fact, Ian Fleming, the author of the James Bond series, was head of the British counter intelligence service MI five. Some believe in the intelligence community that he wrote much of his fiction as a warning as many authors of fiction do. If the removal of all the good delivery gold from Fort Knox can be viewed as a deliberate raid on the US treasury, then such an operation might well have been years in the making, namely forty years. Certainly enough time for Fleming to get wind of it and try to prevent it.
So just how did the story of the Fort Knox gold robbery get out? It all started with an article in a New York periodical in 1974. The article charged that the Rockefeller family was manipulating the Federal Reserve to sell off Fort Knox gold at bargain basement prices to anonymous European speculators. Three days later the anonymous source of the story Louise Auchincloss Boyer mysteriously fell to her death from the window of her Tenth Floor apartment in New York. How had missus Boyer have known of the Rockefeller connection to the Fort Knox Gold Heist?
She was the longtime secretary of Nelson Rockefeller. For the next fourteen years, this man, Ed Durell, a wealthy Ohio industrialist, devoted himself to a quest for the truth concerning the Fort Knox gold. He wrote thousands of letters to over 1,000 government and banking officials trying to find out how much gold was really left and where the rest of it had gone. Edith Roosevelt, the granddaughter of president Teddy Roosevelt, questioned the actions of the government in a March 1975 edition of the New Hampshire Sunday News. Allegations of missing gold from our Fort Knox vaults are being widely discussed in European financial circles.
But what is puzzling is that the administration is not hastening to demonstrate conclusively that there is no cause for concern over our gold treasure, if indeed it is in a position to do so. Unfortunately, Ed Durell never did accomplish his primary goal, a full audit of the gold reserves in Fort Knox. It's incredible that the world's greatest treasure has had little accounting or auditing. This goal belonged to the American people, not the Federal Reserve and their foreign owners. One thing is certain, the government could blow all of this speculation away in a few days with a well publicized audit under the searing lights of media cameras.
It has chosen not to do so. One must conclude that they are afraid of the truth such an audit would reveal. What is the government so afraid of? Here's the answer. When president Ronald Reagan took office in 1981, his conservative friends urged him to study the feasibility of returning to a gold standard as the only way to curb government spending.
It sounded like a reasonable alternative, so president Reagan appointed a group of men called the Gold Commission to study the situation and report back to Congress. What Reagan's Gold Commission reported back to Congress in 1982 was the following shocking revelation concerning gold. The US Treasury owned no gold at all. All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers as collateral against the national debt. The truth of the matter is that never before has so much money been stolen from the hands of the general public and put into the hands of a small group of private investors, the money changers.
I'm standing in front of the headquarters of the International Monetary Fund located in Washington DC. Across the street right over there is the headquarters of the World Bank. What are these organizations, and who controls them, and most importantly, are they about to create a huge worldwide depression? Let us step back in time for a moment to the aftermath of World War one. People were tired of war.
So under the guise of peacemaking, the international bankers devised a plan to consolidate power even further. Claiming only an international government would stem the tide of world wars, the money changers pushed forward a proposal for world government which stood on three legs. A world central bank to be called the Bank of International Settlements, a world judiciary to be called the world court located in The Hague, The Netherlands, and a world executive and legislature to be called the League of Nations. As president Clinton's mentor, Georgetown Historian Carol Quigley, wrote in his 1966 book, Tragedy and Hope, the powers of financial capitalism had a far reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements arrived at infrequent meetings and conferences.
The apex of the system was to be the bank for international settlements in Beale, Switzerland, a private bank owned and controlled by the world central banks which were themselves private corporations. Each central bank sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world. Despite intense pressure from the international bankers and the press, a handful of US Senators led by senator Henry Cabot Lodge kept The US out of these schemes. Without US participation, the league was doomed. Incredibly, even though The US rejected the World Central Bank, the BIS, the New York Federal Reserve ignored its government and arrogantly sent representatives to Switzerland to participate in the central bankers meeting right up until 1994 when The US was finally officially dragged into it.
Their world government schemes thwarted, the bankers resorted to the old formula, another war to wear down the resistance to world government while reaping handsome profits. To this end, Wall Street helped resurrect Germany through the thyssen banks which were affiliated with the Harriman interest in New York just as the Chase Bank had assisted in the financing of the Bolshevik revolution in Russia during World War one. Chase Bank was controlled by the Rockefeller family. Subsequently, it was merged with Warburg's Manhattan Bank to form the Chase Manhattan Bank. Now this has merged with Chemical Bank of New York making it the largest Wall Street bank.
Their strategy worked. Even before World War two was over, world government was back on track. In 1944 at Bretton Woods, New Hampshire, the International Monetary Fund and the World Bank were approved with full US participation. The second League of Nations, renamed the United Nations, was approved in 1945. Soon, a new international court system was functioning as well.
All effective opposition to these international bodies before the war had evaporated in the heat of war just as planned. These new organizations simply repeated on a world scale what the National Banking Act of 1864 and the Federal Reserve Act of 1913 had established in The US. They created a banking cartel composed of the world's central banks, which gradually assumed the power to dictate credit policies to the banks of all the nations. For example, just as the Federal Reserve Act authorized the creation of a new national fiat currency called Federal Reserve Notes, the IMF has been given the authority to issue a world fiat money called special drawing rights or SDRs. To date, the IMF has created an excess of $30,000,000,000 worth of SDRs.
Member nations are being pressured to make their currencies fully exchangeable for SDRs. In 1968, congress approved laws authorizing the Fed to accept SDRs as reserves in The US and to issue Federal Reserve notes in exchange for SDRs. What does that mean? It means that in The US, SDRs are already a part of our lawful money. And what about gold?
SDRs are already partially backed by gold and with two thirds of world gold now in the hands of central banks, the money changers can go about structuring the world's economic future in whichever way they deem most profitable. Keep in mind, just as the Fed is controlled by its board of governors, the IMF is controlled by its board of governors, which are either the heads of the different central banks or the heads of the various national treasury departments dominated by their central banks. Voting power in the IMF gives The US and The UK, that is to say the Fed and the Bank of England, effective control. Just as the Fed controls the amount of money in The US, the BIS, IMF, and World Bank control the money supply for the world. So we see repetition of the old goldsmith's fraud replicated on the national scale with central banks like the Fed and on the international scale by the three arms of the World Central Bank.
Is this organization of the BIS, the IMF, and the World Bank, which we refer to collectively as the World Central Bank presently expanding and contracting world credit? Yes. Regulations put into effect in 1988 by the BIS required the world's bankers to raise their capital and reserves to 8% of liabilities by 1992. Increased capital requirements put an upper to the fractional reserve lending similar to the way cash reserve requirements do. What is this seemingly insignificant regulation made in a Swiss city eight years ago meant to the world?
It means our banks cannot loan more and more money to buy more and more time before the next depression as a maximum loan ratio is now set. It means those nations with the lowest bank reserves in their systems have already felt the terrible effects of this credit contraction as their banks scrambled to raise money to increase their reserves to 8%. To raise the money, they had to sell stocks, which depressed their stock markets and began the depression first in their countries. Japan, which in 1988 had among the lowest capital and reserve requirements and thus was the most affected by the regulation has experienced the financial crash which began almost immediately in 1989 which has wiped out a staggering 50% of the value of its stock market since 1990 and sixty percent of the value of its commercial real estate. The Bank of Japan has lowered its interest rates to one half of 1%, practically giving away money to resurrect the economy, but still the depression worsens.
Due to the $20,000,000,000 US bailout of Mexico, the financial collapse in that nation is already known here. Yet despite the bailout, the economy continues to be a disaster. One huge debt after another is rolled over as new loans are being made simply to enable Mexico to pay the interest on the old loans. In the South Of Mexico, the poor have been in open revolt as every spare peso has been siphoned out of the country to make interest payments. It is important to note that a radical transfer of power is taking place as nations become subservient to a supranational World Central Bank controlled by a handful of the world's richest bankers.
As the IMF creates more and more SDRs by the stroke of a pin on IMF ledgers, more and more nations borrow them to pay interest on their mounting debts and gradually fall under the control of the faceless bureaucrats of the World Central Bank. As the worldwide depression worsens and spreads, this will give the world central bank the power of economic life and death over these nations. It will decide which nations will be permitted to receive further loans and which nations will starve. Despite all the rhetoric about development and the alleviation of poverty, the result is a steady transfer of wealth from the debtor nations to the money changers central banks which control the IMF and the World Bank. For example, in 1992, the third world debtor nations, borrowed from the World Bank, paid $198,000,000 more to the central banks of the developed nations for World Bank funded purposes than they received from the World Bank.
All this increases their permanent debt in exchange for temporary relief of poverty caused by prior borrowings. Already, these repayments exceed the amount of the new loans. By 1992, Africa's external debt had reached $290,000,000,000, 2 and a half times greater than in 1980, resulting in skyrocketing infant mortality rates and unemployment, deterioration of schools, housing, and the general health of the people. The entire world faces the immeasurable suffering already destroying the third world and now Japan, all for the benefit of the money changers. As one prominent Brazilian politician put it, the Third World War has already started.
It is a silent war, not for that reason any less sinister. The war is tearing down Brazil, Latin America, and practically all the third world. Instead of soldiers dying, there are children. It is a war over the third world debt, one which has as its main weapon interest, a weapon more deadly than the atom bomb, more shattering than a laser beam. Although it would be absurd to ignore the pivotal role played by influential families such as the Rothschilds, the Warburgs, the Schiffs, the Morgans, and the Rockefellers in any review of the history of central banking and fractional banking.
Keep in mind, by now central banks and the large commercial banks are up to three centuries old and deeply entrenched in the economic life of many nations. These banks are no longer dependent on clever individuals such as a Nathan Rothschild. Years ago, the question of ownership was important but no longer. For example, both the Bank of England and the Bank of France were nationalized after World War two and nothing changed, nothing at all. They endure and continue to grow now protected by numerous laws, paid politicians, and mortgage media untouched by the changing of generations.
Now worn by the sixth generation's son who's been raised in a system that he may never question question as he is named to serve on the governing boards of countless philanthropic organizations. To focus attention today on individuals or families or to attempt to sort out the current holders of power serves little useful purpose and would be a distraction from the cure. The problem is far bigger than that. It is the corrupt banking system that was and is being used to consolidate vast wealth into fewer and fewer hands that is our current economic problem. Change the names of the main players now, and the problem will neither go away nor even miss a beat.
Likewise, among the hordes of bureaucrats working in the World Bank, central banks, and international banks, only a tiny fraction have any idea of what's really going on. No doubt they'd be horrified to learn that their work is contributing to the terrible impoverishment and gradual enslavement of mankind to a few incredibly rich plutocrats. Plutocrats. So really, there's no use in emphasizing the role of individuals anymore. And the problem even transcends the normal spectrum of political right and left.
Both communism and socialism as well as monopoly capitalism have been used by the money changers. Today, they profit from either side of the new political spectrum. The big government welfare state on the so called left wing versus the neoconservative laissez faire capitalists who want big government totally out of their lives on the right wing. Either way, the bankers win. Monetary reform is the most important political issue facing this nation.
That clarified. Let's proceed to the conclusions in the spirit Lincoln declared with malice towards none, with charity towards all. At the start of this video, we ask a number of troubling questions. Let's be sure we've answered them.
Speaker 0: What's going on in America today? Why are we over our heads in debt? Why can't the politicians bring debt under control?
Speaker 1: Why are we over our heads in debt? Because we're laboring under a debt money system that is designed and controlled by private bankers. Now some will argue that the Federal Reserve System is a quasi governmental agency, But the president appoints only two of the seven members of the Federal Reserve Board of Governors every four years, and he appoints them to fourteen year terms far longer than his own. The senate does confirm those appointments, but the whole truth is that the president wouldn't dare appoint anyone to that board of whom Wall Street does not approve. Of course, this does not preclude the possibility that some honorable men may be appointed to the board of governors, But the fact is that the Fed is specifically designed to operate independently of our government as are nearly all other central banks.
Some argue that the Fed promotes monetary stability. We saw the current head of the Bank of England, Eddie George, claim that this was the most important role of a central bank. In fact, the Fed's record of stabilizing the economy shows it to be a miserable failure in this regard. Within the first twenty five years of its existence, the Fed caused three major economic downturns including the Great Depression, and for the last thirty years has shepherded the American economy into a period of unprecedented inflation. Again, this is not some wild conspiracy theory.
It's a well known fact among top economists. As Nobel Prize winning economist Milton Friedman put it, the stock of money, prices, and output was decidedly more unstable after the establishment of the Federal Reserve System than before. The most dramatic period of instability in output was, of course, the period between the two wars, which includes the severe monetary contractions of nineteen twenty twenty one, '19 '20 '9 '30 '3, and nineteen thirty seven thirty eight. No other twenty year period in American history contains as many as three such severe contractions. This evidence persuades me that at least a third of the price rise during and just after World War one is attributable to the establishment of the Federal Reserve System.
And that the severity of each of the major contractions, nineteen twenty twenty one, '19 '20 '9 '30 '3, and nineteen thirty seven thirty eight is directly attributable to acts of commission and omission by the reserve authorities. Any system which gives so much power and so much discretion to a few men so that mistakes, excusable or not, can have such far reaching effects is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic. This is the key political argument against an independent central bank. To paraphrase Clemenceau, money is much too serious a matter to be left to the central bankers.
We must learn from our history before it is too late. Why can't politicians control the federal debt? Because all our money is created out of debt. Again, it's a debt money system. Our money is created initially by the purchase of US bonds.
The public buys bonds like savings bonds. The banks buy bonds. Foreigners buy bonds. And when the Fed wants to create more money in the system, it buys bonds but pays for them with a simple bookkeeping entry, which it creates out of nothing. Then this new money created by the Fed is multiplied by a factor of 10 by the banks, thanks to the fractional reserve principle.
So although the banks don't create currency, they do create checkbook money or deposits by making new loans. They even invest some of this created money. In fact, over $1,000,000,000,000 of this privately created money has been used to purchase US bonds on the open market, which provides the banks with roughly $50,000,000,000 in interest, risk free each year less the interest they pay to some depositors. In this way, through fractional reserve lending, banks create over 90% of the money and therefore cause over 90% of our inflation. What can we do about all this?
Fortunately, there's a way to fix the problem fairly easily, speedily, and without any serious financial problems. We can get our country totally out of debt in one to two years by simply paying off these US bonds with debt free US notes just like Lincoln issued. Of course, that by itself would create tremendous inflation since our currency is presently multiplied by the fraction fractional reserve banking system. But here's the ingenious solution advanced in part by Milton Friedman to keep the money supply stable and avoid inflation and deflation while the debt is retired. As the treasury buys up its bonds on the open market with US notes, the reserve requirements of your hometown local bank will be proportionally raised so the amount of money in circulation remains constant.
As those holding bonds are paid off in US notes, they will deposit this money thus making available the currency then needed by the banks to increase their reserves. Once all The US bonds are replaced with US notes, banks will be at 100% reserve banking instead of the fractional reserve system currently in use. From this point on, the former Fed buildings will only be needed as a central clearinghouse for checks and as vaults for US notes. The Federal Reserve Act will no longer be necessary and could be repealed. Monetary power can be transferred back to the Treasury department.
There would be no further creation or contraction of money by banks. By doing it this way, our national debt can be paid off in a single year or so, and the Fed and fractional reserve banking abolished without national bankruptcy, financial collapse, inflation or deflation, or any significant change in the way the average American goes about his business. To the average person, the primary difference would be that for the first time since the Federal Reserve Act was passed in 1913, taxes would begin to go down. Now there's a real national blessing for you rather than for Hamilton's banker friends. Now let's take a look at these proposals in more detail.
Here are the main provisions of a Monetary Reform Act which needs to be passed by Congress. We've drafted a proposed Monetary Reform Act which follows at the end of this tape. Of course, variations with the same results would be equally welcome. One, pay off the debt with debt free US notes. As Thomas Edison put it, if The US can issue a dollar bond, it can issue a dollar bill.
They both rest purely on the faith and credit of the United States government. This amounts to a simple substitution of one type of government obligation for another. One bears interest, the other doesn't. Federal Reserve notes could be used for this as well, but could not be printed after the Fed's abolished as we propose, so we suggest using US notes instead. Two, abolish fractional reserve banking.
As the debt is paid off, the reserve requirements of all banks and financial institutions would be raised proportionally at the same time to absorb the new US notes, which would be deposited and become the bank's increased reserves. Towards the end of the first year of the transition period, the remaining liabilities of financial institutions would be assumed or acquired by the US government in a one time operation. In other words, they too would eventually be paid off with debt free US notes in order to keep the total money supply stable. At the end of the first year or so, all of the national debt would be paid, and we could start enjoying the benefits of full reserve banking. The Fed would be obsolete and anachronism.
Three, repeal the Federal Reserve Act of 1913 and the National Banking Act of 1864. These acts delegate the money power to a private banking monopoly. They must be repealed and the money power handed back to the Department of Treasury where they were initially under president Abraham Lincoln. No banker or person in any way affiliated with financial institutions should be allowed to regulate banking. After the first two reforms, these acts would serve no useful purpose anyway since they relate to a fractional reserve banking system.
Four, withdraw The US from the IMF, the BIS, and the World Bank. These institutions like the Federal Reserve are designed to further centralize the power of the international bankers over the world's economy, and The US must withdraw from them. Their harmless functions such as currency exchange can be accomplished either nationally or in new organizations limited to those Such a monetary reform act would guarantee that the amount of money in circulation would stay very stable, causing neither inflation nor deflation. Remember, for the last three decades, the Fed has doubled the American money supply every ten years. That fact and fractional reserve banking are the real causes of inflation and the reduction in our buying power, a hidden tax.
These and other taxes are the real reasons both parents now have to work just to get by. The money supply should increase slowly to keep prices stable, roughly in proportion to population growth about 3% per year, not at the whim of a group of bankers meeting in secret. In fact, all future decisions on how much money will be in the American economy must be made based on statistics of population growth and the price level index. The new monetary regulators and the Treasury Department, perhaps called the monetary committee, would have absolutely no discretion in this matter except in time of declared war. This would ensure a steady stable money growth of roughly 3% per year resulting in stable prices and no sharp changes in the money supply.
To make certain the process is completely open and honest, all deliberations would be public, not secret, as meetings of the Fed's Board of Governors are today. How do we know this will work? Because these steps remove the two major causes of economic instability, the Fed and fractional reserve banking, and the newest one as well, the BIS, Bank of International Settlements. But most importantly, the danger of a severe depression would be eliminated. Let's listen to Milton Friedman on the single cause of severe economic depressions.
I know of no severe depression in any country or any time that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression. Issuing our own currency is not a radical solution. It's been advocated by presidents Jefferson, Madison, Jackson, Van Buren, and Lincoln, but it's been used at different times throughout Europe as well. Perhaps the best example is one of the small islands off the coast of France in the English Channel. Called Guernsey, it's been using debt free money issues to pay for large building projects for nearly two hundred years.
Here we are in Guernsey, and this is the Guernsey Flower and Vegetable Market. Market. Guernsey is one of the most successful examples of just how well a debt free money system can work. In 1815, a committee was appointed to investigate how best to finance this new market. The impoverished island could not afford more new taxes, so the state's fathers decided to try a revolutionary idea, issue their own paper money.
They were just colorful paper notes backed by nothing, but the people of this tiny island agreed to accept them and trade with them. To be sure they circulated widely, they were declared to be good for the payment of taxes. Of course, this idea was nothing new. It was exactly what America had done before the American Revolution, and there are many other examples throughout the world. But it was new to Guernsey, and it worked miracles.
This market is still in use. And remember, it was built for no debt to the people of this island state. But what if we follow Guernsey's example? How would the bankers react to these reforms? Certainly, the international bankers cartel will oppose reforms that do away with their control of the world's economies as they have in the past.
But it is equally certain that Congress has the constitutional authority and responsibility to authorize the issuance of debt free money, US notes, and to reform the very banking laws it ill advisedly enacted. Undoubtedly, the bankers will claim that issuing debt free money will cause severe inflation or make other dire predictions. But remember, it is fractional reserve banking which is the real cause of over 90% of all inflation, not whether debt free US notes are used to pay for government deficits. In the current system, any spending excesses on the part of congress are turned into more debt bonds, and the 10% purchased by the Fed are then multiplied many times over by the bankers causing over 90% of all inflation. Our fractional reserve and debt based banking system is the problem.
We must ignore its inevitable resistance to reform and remain firm until the cure is complete. As the director of the Bank of England in the nineteen twenties, sir Josiah Stamp put it, referring to this modern fractional reserve banking system. Banking is conceived in an equity and born in sin. Bankers own the earth. Take it away from them, but leave them the power to create money and control credit.
And with the flick of a pen, they will create enough money to buy it back again. Take this great power away from the bankers, and all great fortunes like mine will disappear, and they ought to disappear. For this would be a better and happier world to live in. But if you want to continue the slaves of bankers and pay the cost of your own slavery, let them continue to create money and to control credit. Americans are slowly figuring this out.
Today, over 3,200 cities and counties have endorsed the proposal of a nonprofit organization called sovereignty. The sovereignty movement calls for Congress to authorize the secretary of the treasury to issue $90,000,000,000 per year of US notes, not Federal Reserve notes nor debt based bonds, to loan money interest free to cities, counties, and school districts for needed capital improvements. Remarkably, and to their praise, the Community Bankers Association of Illinois representing 515 member banks has endorsed this sovereignty proposal, a good step in the right direction. As Milton Friedman has repeatedly pointed out, no severe depression can occur without a severe contraction of money. In our system, only the Fed, the Bank of International Settlements with US Bankers cooperation, or a combination of the largest Wall Street banks could cause a depression.
In other words, our economy is so huge and resilient, a depression just can't happen by accident. Unless we reform our banking system, they will always have that power. They can pull the plug in our economy anytime they choose. The only solution is to abolish the Fed and the fractional reserve banking system and withdraw from the BIS. Only that will break the power of the international bankers over our economy.
And keep in mind, a stock market crash itself cannot cause a severe depression. Only the severe contraction of our money supply can cause a severe depression. The stock market crash of nineteen twenty nine only wiped out market speculators, mostly the small to medium ones, resulting in $3,000,000,000 in wealth changing hands. But it served as a smokescreen for a 33% contraction in credit by the Fed over the next four years, which resulted in over $40,000,000,000 in wealth from the American middle class being transferred to the big banks. Then despite impotent howls of protest from a divided congress, the independent Fed kept the money supply contracted for a full decade.
Only World War two ended the terrible suffering Fed people. In a depression, the remaining wealth of the debt burden American middle class will be wiped out by unemployment, declining wages, and the resulting foreclosures. If we start to act to reform our monetary system, the money changers may do what they did in 1929 and then the nineteen thirties, crash the stock market and use that as a smokescreen while contracting the money supply. But if we're determined to fight to regain control over our money, we can come out of it fairly quickly, perhaps in only a very few months as US notes begin to circulate and replace the money withdrawn by the bankers. The longer we wait, the greater the danger will permanently lose control of our nation.
But some still wonder why the international bankers would want to cause a depression. Wouldn't that be killing the goose that is currently laying all those golden interest eggs? Remember what Larry Bates said at the first of this videotape.
Speaker 3: You see, in periods of economic upheaval, in economic crisis, wealth is not destroyed. It is merely transferred.
Speaker 1: Do we have any hints as to what the money changers have in store for us? Here's what David Rockefeller, the chairman of Chase Manhattan Bank, the largest Wall Street bank, had to say. We are on the verge of a global transformation. All we need is the right major crisis, and the nation will accept the new world order. So crisis is needed to fulfill their plans quickly.
The only question is when the crisis will occur. Fortunately, we probably have a little time. It's unlikely that this crisis will occur before the nineteen ninety six elections, but after that, the danger begins rising. But whether or not they decide to cause a crash or a depression through relentless increases in taxes and the loss of hundreds of thousands of jobs being sent overseas, thanks to trade agreements such as GAT and NAFTA, the American middle class is an endangered species. Cheaper labor, including slave labor in Red China, which Harry Wu has heroically documented, is being used to compete with American labor.
In other words, money is being consolidated in fewer and fewer hands as never before in the history of this nation or the world. Without reform, the American middle class will soon be extinct, leaving only the very rich few and the very many poor as has already occurred in most of the world. We've been warned of all this by congressmen, presidents, industrialists, and economists down through the years. Religious leaders too have seen the danger. About 1898, during the time of William Jennings Bryan, Pope Leo the thirteenth put it this way.
On the one side, there is the party which holds the power because it holds the wealth, which has in its grasp all labor and all trade, which manipulates for its own benefit and its own purposes all the sources of supply and which is powerfully represented in the councils of state itself. On the other side, there is the needy and powerless multitude sore and suffering. Rapacious usury which although more than once condemned by the church is nevertheless under a different form but with the same guilt still practiced by avaricious and grasping men that a small number of very rich men have been able to lay upon the masses of the poor a yoke little better than slavery itself. More recently, during America's Great Depression Pope Pius the eleventh spoke of the same problem. In our days, not alone is wealth accumulated, but immense power and despotic economic domination is concentrated in the hands of a few.
This power becomes particularly irresistible when exercised by those who, because they hold and control money, are able also to govern credit and determine its allotment. For this reason, supplying, so to speak, the lifeblood to the entire economic body and grasping as it were in their hands the very soul of the economy so that no one dare breathe against their will. Educate your friends. Our country needs a solid group who really understand how our money is manipulated and what the solutions really are. Because if a depression comes, there will be those who call themselves conservatives who will come forward advancing solutions framed by the international bankers.
Beware of calls to return to a gold standard. Why? Simple. Because never before has so much gold been so concentrated outside of American hands, and never before has so much gold been in the hands of international governmental bodies such as the World Bank and International Monetary Fund. A gold backed currency usually brings despair to a nation and to return to it would certainly be a false solution in our case.
Remember, we had a gold backed currency in 1929 and during the first four years of the Great Depression. Likewise, beware of any plans advanced for a regional or world currency. This is the international bankers Trojan horse. Educate your member of congress. It only takes a few persuasive members to make the others pay attention.
Most congressmen just don't understand the system. Some understand it, but are so influenced by bank pack contributions that they ignore it, not realizing the gravity of their neglect. We hope we've made a valuable contribution to the national debate on monetary reform. It remains for each man to do his duty consistent with his state in life. May God give us the light to help reform our nation and ourselves.
We say ourselves because ultimately vast multitudes of men are going to be driven more and more to desperation by the accumulation of the world's wealth in fewer and fewer hands. Men will tend to become like their oppressors, selfish and greedy. Rather, let's keep in mind during this period of reform a warning not to lose sight of greater things. As Pope Pius the eleventh put it, for what will it profit men that a more prudent distribution and use of riches make it possible for them to gain even the whole world, if thereby they suffer the loss of their own souls? What will it profit to teach them sound principles and economics if they permit themselves to be so swept away by selfishness by unbridled and sordid greed that hearing the commandments of the Lord, they do all things contrary.
@IandE4Life - Steve Gibbs | Family Wealth Expert
🏦 HOW THE FEDERAL RESERVE SECRETLY ENSLAVED THE WORLD - FULL DOCUMENTARY https://t.co/2Bg1TWeSDM
Video Transcript AI Summary
On 11/07/2024, the Federal Reserve chairman asserted independence from presidential control, sparking questions about the Fed's power. To understand its influence, we must go back to Jekyll Island in 1910. Amidst a collapsing banking system, key figures secretly convened to create a central bank, later known as the Federal Reserve.
The goal was to stabilize the financial system. The Aldrich plan, though initially rejected for being too pro-banker, was modified and signed into law. After World War II, the US dollar became the global reserve currency and the Fed gained immense power. Through monetary policy and covert operations, the Fed has shaped global finance. Critics argue that the Fed's policies have led to wealth inequality, boom and bust cycles, and a debt trap for many.
Full Transcript
Speaker 0: On 11/07/2024, the chairman of the Federal Reserve openly defied the president of The United States Of America, declaring essentially that even the leader of the free world could not supersede supersede him.
Speaker 1: Do you believe that the president has the power to fire or demote you and has the Fed determined the legality of a president demoting at will any of the other governors with leadership positions?
Speaker 2: Not permitted under the law.
Speaker 1: Not what?
Speaker 2: Not permitted under the law.
Speaker 0: What kind of power can defy the leader of the free world? How are we all convinced to grant nearly unlimited power to this money printing agency? So what is the Federal Reserve, and how has it driven us towards a hundred years of inequality, wars, and a $36,000,000,000,000 debt bubble that's ready to burst at any moment. To understand this, we're gonna need to go a hundred and ten years back to a secret meeting that was held on a private island off the coast of Georgia. This is the story of Jekyll Island.
Speaker 3: Can I ask you a question? Yes. What do you know about the Federal Reserve?
Speaker 4: That's too much info. Let's ride that.
Speaker 5: We're literally going to where they created the Federal Reserve.
Speaker 6: Good to meet you.
Speaker 3: Nice to meet you, man.
Speaker 5: Good job.
Speaker 6: Glad you guys made it.
Speaker 7: The United States can pay any debt it has because we can always print money to do that. We
Speaker 0: were hoping to help take down the global financial hegemony.
Speaker 8: This is weird, man. This is strange. It feels like, you know, it feels like an old folks retirement sanctuary, but it also feels like a little bit of an eerie feeling.
Speaker 0: It feels out of time. Right? It's like, it's not new, it's not old.
Speaker 3: Picture this. You're an ordinary American citizen in the year nineteen o seven. In your city or a city near you, there are constant constant bank runs. Because the American financial system was very distributed, much in the same way that the internet is sort of distributed. Almost like a bunch of web pages.
They used to be just a bunch of banks loaning to each other, taking on each other's risks, not having one central issuer of currency. If you went from California to Florida or California to New York back in the eighteen hundreds and the nineteen hundreds, they would have a separate different currency. At one point, there were 30,000 currencies across all The United States. That's like almost more than the amount of shit coins in the crypto space.
Speaker 9: The first three attempts before the Federal Reserve, we had the Bank of North America, which was gonna have be Canada and The United States. That was the first central bank. Then we had the first Bank of the United States in Philadelphia, opposed by Thomas Jefferson supported by Alexander Hamilton. Then we had the second US Bank dissolved by Andrew Jackson. So Andrew Jackson had sufficiently kicked out the central bankers, in the eighteen thirties, and it took many, many decades again until they tried again to bring in a central bank to The United States.
Speaker 6: We were living within a system where people had physical gold and they would deposit that gold in banks
Speaker 8: and have paper banknotes issued in compensation for those physical gold coins. But when I hold these things,
Speaker 0: everyone my age, millennials, gen z, we just think of this as the money. Right? But everyone older comes from a time when this was not the money. This was a representation of the gold. This was just a placeholder for gold that was actually in a vault somewhere and gold has to be dug out of the ground.
Gold can't be invented out of thin air and so as long as this does represent gold, there's a limited supply.
Speaker 8: Yeah. And for a long time that works, right? Until you have a run on the bank where everyone comes in to demand their gold Yeah. And what happens is 20% of people get their gold and the bank runs out of gold. And that's when you have a bank run and the bank collapses.
Speaker 3: Nineteen o seven, this earthquake hit San Francisco, destroys all of these buildings. Those assets end up almost nearly worthless. And so you have these banks all across one of the biggest cities in America that are just going belly up and it causes contagion to other banks. It just takes one key player, one key event to trigger this domino wave. And basically, just set in motion all this banking panic.
People were afraid, people were angry, because they look at the banks as if it was their fault. But at the same time, the gut reaction wasn't, let's give it all over to the government, because America had fought for like hundreds of years to not have one central party controlling all the banks. The American banking system was collapsing in real time from coast to coast, but instead of letting it crumble, distribute, and rebuild, seven key players saw an opportunity to overhaul the entire system.
Speaker 5: Charles Norton, president of the First National Bank of New York.
Speaker 0: Frank Vanderlip, president of National Citibank. Henry p Davison, senior partner and confidant of JPMorgan. A. Piat Andrew, Harvard economics professor and assistant secretary of the United States Treasury Department.
Speaker 6: Benjamin Strong junior, vice president of the Bankers Trust Company.
Speaker 5: Paul Warburg, a German born financier and descendant of the Warburg banking dynasty.
Speaker 3: And finally, senator Nelson Aldrich, a US Senator from Rhode Island and chairman of the National Monetary Commission.
Speaker 6: So
Speaker 0: Aldrich is a general in the civil war. Right? But then after the civil war, he gets into politics eventually. The Panic of nineteen o seven happens. He gets appointed to a special panel.
Speaker 8: He creates the National Monetary Commission whose sole purpose is to study the nineteen o seven banking crisis and then to create, you know, potentially a solution. The US banking system is not sufficiently centralized. There's too much risk and too many panics that, you know, frequently cause these banks to collapse.
Speaker 0: He winds up creating
Speaker 8: this Aldrich plan, which essentially evolved directly into creating the Federal Reserve. They organized this this meeting here at Jekyll Island First in New Jersey in in November of nineteen ten.
Speaker 6: And they came here and held one of the most secret meetings of all time. The only person who knew who was involved in the meeting was JP Morgan because he is the one who provided them the Federal Reserve room.
Speaker 3: And all
Speaker 5: six of them wanted a way to come to Jekyll Island but without being seen together because at the time, if any journalist found them together, it would raise some flats.
Speaker 0: Mhmm.
Speaker 5: Because nobody at the time wanted the central bank.
Speaker 9: And any reporter who asked, they just said, we're going down to Southern Georgia for duck hunting. No big deal.
Speaker 5: Either duck hunting, getting away for the winter. So these six men all embarked on this journey to go from New York to Jekyll Island, which was around a two day trip. Two of them changed their name completely and all of them were instructed to use their first names.
Speaker 8: And these six men essentially worked together for an entire weekend. They created this plan to create reserve banks and each reserve bank will create an issue a centralized currency that will become, you know, the the currency of The United States, the sole currency of The United States, eliminating the ability of individual banks to issue their own notes.
Speaker 3: The goals of the Aldrich plan were to essentially create a central bank without calling it a central bank. So they did everything in their power to obfuscate it, to use different language, to try and distance themselves from this idea of one lending party that most of the public feared would end up basically absorbing every piece of capital and siphoning off all the wealth of the economy.
Speaker 8: The problem with the original Aldrich plan is that it was overtly too pro banker. The Democrats, for anti centralized banking, shot it down, and so what they did is they modified it in several different ways. One of the ways they modified it was creating, you know, the Federal Reserve Board of Governors who would reside in Washington DC and were appointed by the president and confirmed by the senate. Now the interesting thing that they built into, you know, the the new Federal Reserve System was that that Board of Governors actually wouldn't have direct control over monetary policy. The one that would have that control was the New York Fed, the most influential of all the 12 Federal Reserve banks.
Speaker 5: So they got President Wilson to sign the bill, and after their main priority was like, we're gonna have him sign it, and then we will alter the rules once it is signed.
Speaker 9: Saying the word bank was like, it was a four four letter word. So that's why the Federal Reserve is not called a bank. They wanted to make it seem like it came from the government, so they called it federal. They wanted to make it seem like they actually had some assets, so they called it a reserve. It's neither federal and it's not a reserve.
Speaker 5: But what I don't understand is how were they able to get away for it for so long? Because today, we see those banks and people trust those banks with their lives, which is funny to see that sort of shift from going to fearing central banking to loving them and being like the ride ride or die for the banks.
Speaker 9: I think that's a testament to how successful this original meeting on Jekyll Island was in 1910. To go from an era where people distrusted banks to a hundred and fourteen years later, they completely trust banks, and they don't have any understanding as to why they should distrust banks.
Speaker 6: We have an independent central bank that has served us well. We need to do our work in a way that's outside the political process to the maximum extent possible.
Speaker 7: The Federal Reserve is an independent agency, and that means basically that there is no eight other agency of government which can overrule actions that we take.
Speaker 3: With all you know about the founding of the Federal Reserve, how do you feel about them today?
Speaker 4: I all of your stuff.
Speaker 3: She's gonna get I
Speaker 5: plead the first.
Speaker 9: Love that. The education has been complete in total, and I think if you could bring back to life the six members of the Jekyll Island meeting, I think they would be wildly impressed with how successful their project was a hundred and fourteen years later.
Speaker 10: You know where we're going? We're going
Speaker 3: to the San Suu Kyi Building owned by JP Morgan who is the largest banking baron in all America. We're gonna spend the night in one of his residences, which is really
Speaker 4: cool. So
Speaker 6: you can
Speaker 0: have private about how you're gonna enslave the world.
Speaker 5: My god.
Speaker 4: Scheme scheme about how to force all the other banks to find your bank and
Speaker 0: and escape after banging your friend's wife.
Speaker 3: This cottage behind me belonged to the Rockefellers, one of the richest families in American history. But it has a really, really dark secret that we're gonna explore. We are at Indian Mound Cottage, also known as the Rockefeller Cottage. Yes, those Rockefellers. Now, why is this place called the Indian Mound Cottage?
When the French first arrived here, they were greeted by a tribe of Indians called the Gwali Indians, and also the Timucua Indians of this region. Those Indians, in some of the logs from the French explorers, were said to be at times, either six foot eight to seven and a half feet tall. So they were giant, massive. And unlike a lot of other encounters, these Indians were actually really receptive to the French explorers that had come to these lands and wanted to engage in trade relations with them. The Indians start to show them some of their culture, their rituals, the things that they do.
One of the nights what happens is there's a big circle of dancing men and women and they're cheering and they're doing a dance. One of the shamans dressed in this garb comes up to one of the Frenchmen and shows them this stone pillar, this altar, or perhaps a mount. A woman comes out with the body of child, no older than two, three years old. And without getting into more gruesome detail, the child's life is taken, and the child is placed upon the altar, and the ritual, the dances continue. The Frenchmen get very creeped out, and they decide, yep, let's continue onwards down the river here, down in Georgia, and maybe find somewhere else to post up.
We know that there are accounts of native tribes all around The Americas partaking, the Aztecs, the Mayans, and perhaps the Guala Indians partaking in child sacrifice. And yet, with this historical record, known by quite a few people that have moved here, the Rockefellers decided to build their cottage on what is perceived to be one of the exact sites of one of these rituals.
Speaker 5: I feel, since I live on an island, I feel that being on an island, you can get away with so much. And that's something that is super underrated because nobody talks about it.
Speaker 3: Yeah. You're kinda right. Like, some of the most heinous crimes, secret meetings, like terrible things have all happened on islands, Guantanamo Bay in Cuba, Alcatraz, Epstein Island, the Federal Reserve. The meeting on Jekyll Island went completely unknown to the public for five years after it occurred without much fanfare. One of Jekyll's secret collaborators, Frank Vanderlip, wrote an article for the Saturday Evening Post admitting to the events that had taken place.
Several other participants confessed details shortly after. But by that time, the American public no longer cared. They were embroiled in the First World War, the first war funded by central bankers both from the East and the West, and the first that could foreshadow a century of war untethered from the restraints of the banking systems of the past.
Speaker 0: After World War two, this is the first time that we've had the Fed in charge in The United States after a major war has just swept Europe, and The US is clearly on top in the global order. They've got all this industry and all this power and they have this meeting called Bretton Woods where they're gonna heal the global financial system, reset the global monetary system because everyone is decimated. And this is where they make dollar, the US dollar, the global reserve currency and they set up a system by which every other country is going to be beholden to the US dollar and to the Federal Reserve System. On one hand, they'll manipulate another country with monetary policy and try to force countries to do their bidding through monetary coercion. And if they don't comply, then they have the jackals, the CIA, to come around as the muscle and to overthrow the government or to assassinate someone or to start a coup or whatever it is.
And so now you've gone from the Federal Reserve taking over The United States and The United States money. And then after World War two, the whole global monetary system needs to be rebuilt and they rebuild it in the Fed's image using the American dollar while founding the covert military force essentially that is going to enforce that dollar supremacy all around the world.
Speaker 8: After after World War two, we see the expansion of this dollar system. You know, for a few years there's quiet peace and quiet as the CIA is built up and you know, the IMF starts to make these these loans to poor countries and basically extort them out of their assets and get them to use their votes and their power in the UN to support US foreign policy and as compensation for the loans that they make, they get their land or their natural resources as collateral that can be sold off to US corporations. So essentially what it does is it, you're right, globalizes The US corporate interests and allows them to gain more wealth and more power and status than ever before.
Speaker 3: In the Dune universe, they talk about spice, this this magical element that enlightens and awakens people and it's kind of this thing that all the nations are are fighting over and our version of that is credit. It allows us to exceed, you know, the boundaries of our actual country's productivity by borrowing from the future. We're literally taking something out of time to enable us to do you know, superhuman things in the present. And it again, it's it's just like a drug. It's just it has all the qualities of the perfect type of addictive concoction.
Speaker 9: Oh, absolutely. Politicians, they they could never ask their citizens to fund, wars or other projects.
Speaker 3: Yeah.
Speaker 9: And so this is the easy way for governments to get the money without asking their citizenry. They actually take it from their citizenry in the form of inflation.
Speaker 3: Do you know about the Federal Reserve and what happened on this island?
Speaker 6: I'm actually giving them a tour, telling them about it right now.
Speaker 3: Oh, that's amazing. What do you think so far?
Speaker 6: Great. Oh, fantastic. Awesome.
Speaker 5: Feels at ease, you know, like nothing can go wrong here. There's peace. It's So it's relatively small. It's peaceful. It's deserted.
Speaker 3: It kinda lulls you to sleep. This kind of of the bugs, like they're playing a concert that's stream directly in your ears. This island really is a pretty place, a beauty to hold. But underneath all of the the greenery, the animals here, the well maintained lawns, the cheery people we see riding on bikes. There's some really, really dark history.
Speaker 11: Is that tax money that the Fed is spending?
Speaker 2: It's not tax money. The banks have, accounts with the Fed much the same way that you have an account in a commercial bank. So to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed. So it's much more akin, although not exactly the same, but it's much more akin to printing money than it is to borrowing.
Speaker 12: Will you tell the American people to whom you lent 2,200,000,000,000.0 of their dollars? Federal Reserve's discount tell us who they are. No. Because the reason
Speaker 5: that
Speaker 4: And Ben Bernanke, in a statement at a Wall Street dinner, said in front of everyone, he said, we know that the Fed we now know that the Fed was responsible for the nineteen thirties Great Depression. And he said, we're sorry and we promise it won't happen again. Yeah. So he knew. And again, he is Ben Bernanke was a a student of Great Depression.
Right? He His dissertation, his PhD thesis was on the Great Depression. He studied it his entire life. And he understood that the Fed was the per was the sole you know, one of the sole contributors to the destruction and the loss of life and the economic catastrophe that was the Great Depression.
Speaker 3: And then fifty eight years after the founding of the Federal Reserve, something changed.
Speaker 11: I have directed secretary Connolly to suspend temporarily the convertibility of the dollar into gold or other reserve assets. Your dollar will be worth just as much tomorrow as it is today.
Speaker 3: Spoiler alert, it wasn't temporary. Every single thing that the Fed has done and created through monetary policy has destroyed the common person at every single level and has enriched those that are insulated and those who have asymmetric information about how that system works. The Fed is responsible for creating and abetting, you
Speaker 4: know, most of the financial crises. The Fed, with this zero interest rate policy in QE, has created the worst wealth gap. We're we're at levels of wealth inequality that we haven't seen since the French Revolution.
Speaker 0: A huge portion of the value we're producing for the world is being siphoned out of our collective coffers. We're all living on sort of taxed time without even realizing it. They're not stealing money. They're stealing our time. They're stealing our, you know, health and happiness.
They're stealing your ability to support your whole family on a single paycheck. In
Speaker 3: a place steeped in history and shadowed by secrets, how do you even begin to push back against the weight of it all?
Speaker 12: Oh, the money's down, slipping through our hands, time they steal under their command.
Speaker 4: The actions of the Fed affect everything, down to the mental health and the stability of families. So this can be seen in, you know, graphs and rates of suicide and depression among young men who have been unable to find work. Right? Largely because of the boom bust cycles the Fed has created. In my family, after 02/2008, my brother who was in real estate, who was a broker, lost his business and basically spent a decade, hopping between jobs, surfing on couches, living at home, you know, battling with depression, battling with nihilism.
And he was unable to get ahead in life and build a business and build back credit because of the debt and the over speculation that had ruined him, that had popped and completely ruined his his financial future. And seeing him completely destroyed by that was very painful for me growing up. He was my next oldest brother. He was the person I was closest to and the person I admired and see him hurt by that and just be hopeless and not know what to do was very difficult because what the Fed does is is insidious. They're not overtly marching into a town and destroying some jobs or overtly stealing somebody's money or overtly closing a bank account.
But their actions and the side effects of those actions of the 0% interest rates and the boom and bust cycles destroy much of the real economy. Post 02/2008, you know, the economy changed. We allowed the banks to live and the small business owners and the entrepreneurs to get crushed and that wealth effectively evaporated from their hands and was transferred to the wealthy. The Fed robs us through the boom and bust cycles that they create and they socialize the losses by running QE and inflating the debt away and every time that debt is used to bail out the wealthy and the connected and the powerful over and over and over again.
Speaker 6: You know, there's a lot of focus on on, you know, New York billionaires these days, but my favorite one is not running.
Speaker 5: Ah. That
Speaker 10: compromise is not a bad word. Compromise is what democracy is all about. That you get most of the people get a good percentage of what they want, a handful of people on the two Sigmas out get almost nothing, and then that's the way we come together and move. Their vain attempt to
Speaker 4: kill the credit cycle has created this financial gravity that's trapped the federal government as well as most private citizens in a debt trap in the singularity and it's crushing. You know? If you're in debt, especially student loan debt, you can't discharge that via bankruptcy. You're trapped for life. Jefferson once said, right, there are two ways to enslave a nation, by the sword or by debt.
And the Fed succeeded in doing it through debt.
Speaker 9: I played a lot of monopoly as a kid, and I was always fascinated by why the bank can never go bankrupt, because they can just print more money. So here we are at the birthplace of the American version of
Speaker 0: the bank that can't go bankrupt and can print more money for any reason. Because the moment that you tokenize, dollarize, the exchange of my life's value for your life's value, that opens it up to greed, to manipulation, and to bad actors.
Speaker 5: They keep you so tired and so busy that you don't even wanna question anything. They bombard you with the nine to five job. They make both the mom and the dad work. They make your children go to school and be raised by the system.
Speaker 0: And they hide it as though it's the government. They hide it as though it's the US government, but the actual empire is the wealthy bankers on top. The way you make money in today's world is by sinning. Right? Greed, gluttony, right?
Adultery, like all of the sins Only money. Boom. They're all incentivized. And when everyone is in a world of scarcity, and the incentive is to sin in order to escape scarcity, and everyone that is scarce and not sinning is inherently less kind. When you don't have enough, you certainly aren't gonna share.
You aren't gonna be nice. You're gonna be stressed. You're gonna be irritable. Bad for your health. So everyone who's not making it is in their own form of hell.
And everyone that is making it is building their own form of hell. Right? And so the system it's whether they design it that way or not, the Federal Reserve sets up a world where it pays to sin. And if you won't sin, you'll be poor. And they teach it to you from birth through the music, the movies, the celebrities, all their idols right from birth.
Speaker 13: After two or three hundred years of crimes, all governments put their hands and stopped any further developments. Governments say it must not develop any further. We are not allowed to experiment on it. Money hasn't been improved. Money has has rather become worse in the course of time.
I don't believe that we should ever have a good money again before we take the thing out of the hands of government. We can't take them violently out of the hands of government. All we can do is buy some sly around because and to do something they can't stop.
Speaker 5: So I regard the Federal Reserve as one of the most transparent central banks in the world.
Speaker 10: We That's a statement. Plain. What what do you fear about the audit?
@36_cia7 - 36CIA(💕紫游）
🚨💥🏦 Jp Morgan was not a past of Federal Reserve! Woodrow Wilson signed the Federal Reserve Act to weaken Morgan family…. History you never knew! #roosevelt #FDR #Gold ⚜️⚜️⚜️ https://t.co/S1hrk5x4gG
Video Transcript AI Summary
The Morgan family faced issues with the SEC due to concerns that J.P. Morgan held excessive power. He bailed out America in 1895 and 1907, leading the government to believe that one individual shouldn't wield such influence. Consequently, the Federal Reserve was created, modeled after Europe's Central Bank. However, JPMorgan was not, and still is not, part of the Federal Reserve. The Federal Reserve consists of twelve reserve banks from the United States with elected and selected officials.
Full Transcript
Speaker 0: Morgan family got big trouble. It's SEC. Wilson. President Wilson. Wilson.
Yes. Our Morgan family have this the big issues from SEC.
Speaker 1: Mister Wilson from the SEC.
Speaker 0: It
Speaker 1: was it was the government thought that mister Morgan JP Morgan had too much power as one man because he bailed out America two times
Speaker 0: Oh, yeah.
Speaker 1: In 1895 and in nineteen o seven. And they thought not one person should have so much power. So therefore, they created the Federal Reserve Mhmm. Similar to they have the Central Bank in in Europe. But it was to JPMorgan was not part of it and and still is not part of it.
It's you're elected into it and it's the twelve twelve banks that are the reserve banks from The United States that are part of it. But they're elected in selected officials. But, no, JPMorgan doesn't have anything to do with it.
reSee.it AI Summary
‘Rothschild’ is trending, prompting a discussion on the Federal Reserve. I shared shocking historical insights, particularly Benjamin Franklin's perspective on the Revolutionary War. He argued that the real cause was the Rothschild banking takeover, which forced colonies to abandon their money, leading to unemployment and dissatisfaction. I also highlighted the definitive treaty of peace signed in 1783, revealing that the war's outcome was not as clear-cut as believed. The treaty maintained England's claims, suggesting we merely gained self-governance while still owing debts.
@WallStreetApes - Wall Street Apes
‘Rothschild’ is trending on X. It’s time to end the Federal Reserve SHOCKING history you were never told: Benjamin Franklin on the REAL cause of the War of Independence. It was the Rothschild banking takeover of their money in England “What was the real reason for the Revolutionary War? Very interesting. Not what you were taught in school. Real reason for the Revolutionary War. Here's a few quotes from William Manley German in a speech to the House of Commons December 1913. The Rothschild's Bank caused a bill to be introduced in the English Parliament, which provided that no colony of England could issue its own money. Thus, they had to use English money. The colonies were compelled to discard their money and mortgage themselves to the Rothschild's Bank of England to get money. Then, for the first time in the history of the United States, money began to be based on debt. Benjamin Franklin stated that in one year from that date, the streets of the colonies were filled with the unemployed. Franklin later claimed this was the real cause of the War of Independence. He said the colonies, you know, we heard it was the Tea Act, right? You know, things like tea tax and stuff. The colonies would gladly have, this is according to Benjamin Franklin, the colonies would gladly have borne the little tax on tea and other matters had it not been that England and the Rothschilds Bank took away from the colonies their money, which created unemployment, dissatisfaction, and debt. And that is the real cause, folks, of the war. Next thing that I want to talk about real quick is something called the definitive trading. We heard this nasty rumor that we won the Revolutionary War. Ain't true! We did not win it. The last battle that was fought, Cornwallis, surrendered the battle, not the war. Proof? About one year ago, this document, — It's called the definitive treaty of peace between Great Britain and the United States signed at Paris 3 September 1783. It had never been in this country before that. This is what really, really, really happened. You think there was a war? Nah, read this. Listen to this. And again I've got this stuff available for anybody who wants to look at it later. Here's an introduction. It having pleased the divine providence to dispose the hearts of the most serene and most potent prince. This is somebody that lost the battle as the most potent prince. I don't think so. George III, by the grace of God, listen to this, here's his titles. King of Great Britain. France. Who did we borrow the money from that helped us win the war, we thought? France? Now we owe that money to the King of England? Interesting. Ireland, defender of the faith, youth of Brunswick and Lunenburg, archtreasurer and prince-elector of the Holy Roman Empire, treasurer of the Catholic Church, positions all over, etc. And it goes on and on and on and on and on. What happens is we start looking then at who are the parties to the treaty. We find out the parties to the treaty is this guy named John Adams, comma, Esquire. Does anybody know where you go get an Esquire title? England. I don't think we gave them out. Benjamin Franklin, Esquire. John Jay, Esquire. These were all people who were titled nobility in England, who were negotiating this treaty. And do you know what the treaty really said? The treaty really said, it's agreed that everything that England and the people of England and the King and whoever else owned and any obligations that existed before this treaty are still law. The King still owns it. The King still owed all the money. Nothing changed except we could govern ourselves theoretically as long as we paid the rent” There is ouch more information in this video and everyone should be aware of our real history.
Video Transcript AI Summary
According to the speaker, the King of England owned America and could license its resources. The Revolutionary War, contrary to common belief, was caused by the Rothschilds Bank influencing English parliament to prohibit colonies from issuing their own money, forcing them to use English money and incur debt. Benjamin Franklin claimed this led to unemployment and dissatisfaction, which was the real cause of the war, not just taxes.
The speaker claims the United States did not win the Revolutionary War, citing the "Definitive Treaty of Peace." The treaty was signed by individuals with Esquire titles, granted by England. The speaker alleges the treaty stipulated that all pre-existing obligations to England remained valid, including land ownership and debts. This requirement to honor existing contracts is supposedly reflected in the U.S. Constitution, and the King of England still grants titles of nobility in America.
Full Transcript
Speaker 0: Who owned America to start with or the part that was under English rule? The king, it was his own personal property and he could license you to be able to get minerals and do this and do that as long as you paid your fair share. But the king literally owned the whole country other than what France owned and Spain and those kind of things. He owned it. It's an interesting thing about France so that you're going to see in a minute.
Revolutionary War. What was the real reason for the Revolutionary War? Very interesting. Not what you were taught in school. Real reason for the Revolutionary War.
Here's a few quotes from William Manley German in a speech to the House of Commons December 1913. The Rothschilds Bank caused the bill to be introduced in the English parliament which provided that no colony of England could issue its own money. Thus, they had to use English money. The colonies were compelled to discard their money and mortgage themselves to the Rothschilds Bank of England to get money. Then, for the first time in the history of The United States, money began to be based on debt.
Benjamin Franklin stated that in one year from that date, the streets of the colonies were filled with the unemployed. Franklin later claimed this is a real cause of the war of independence. He said, this the colonies, you know, we heard it was a T act, right? You know, the things like T tax and stuff. The colonies would gladly have, this is according to Benjamin Franklin.
The colonies would gladly have born the little tax on tea and other matters had it not been that England and the Rothschilds Bank took away from the colonies their money which created unemployment, dissatisfaction, and debt. That is the real cause folks of the war. Next thing that I want to talk about real quick is is something called the definitive treaty. We heard this nasty rumor that we won the revolutionary war. Ain't true.
We did not win it. The last battle that was fought, Cornwallis surrendered the battle, not the war. Proof? About one year ago, this document which I just threw on the floor, came into the country. It was brought in by some folks that I know.
It's called the definitive treaty of peace between Great Britain and United States signed at Paris 03/1783. It had never been in this country before that. This is what really, really, really happened. You think there was a war? Nah.
Read this. Listen to this. And again, I've got this stuff available for anybody who wants to look at it later. Here's an introduction. It having pleased the divine providence to dispose the hearts of the most serene and most potent prince.
This is somebody that lost the battle is the most potent prince. I don't think so. George the third, by the grace of god, listen at this. Here's his titles. King of Great Britain.
France. Who do we borrow the money from that helped us win the war? We thought, France? Now, we owe that money to the king of England. Interesting.
Ireland, defender of the faith, youth of Brunswick, in Lunenburg, arch treasurer, and prince elector of the holy Roman Empire. Treasurer of the Catholic Church. Positions all over. Etcetera and it goes on and on and on and on and on. What happens is, we start looking then at who are the parties to the treaty?
We find out the parties of the treaty. Is this guy named John Adams, comma, Esquire. Does anybody know where you go get an Esquire title? England. I don't think we gave him out.
Benjamin Franklin, Esquire, John Jay Esquire. These were all people who were titled nobility in England who were negotiating this treaty and you know what the treaty really said? The treaty really said, it's agreed that everything that England and the people of England and the king and whoever else own and any obligations that existed before this treaty are still law. King still owns it. The king still owed all the money.
Nothing changed except we could govern ourselves theoretically as long as we paid the rent. Where did that show up in the constitution? This document actually required us to form a constitution, so we did. And so where did it show up in the constitution? Here's a couple places.
Section 10. States shall pass no law impairing the obligation of contracts. Oh, so we still owe the money. So, the land steal the kings. That's right in the constitution.
It's not that one by you or grant any title of nobility which means the king is still the one that puts all the esquires on all the names of the people who still carry them around in this country and call themselves Americans.
reSee.it AI Summary
In 1913, significant institutions like the Federal Reserve, IRS, and Rockefeller Foundation emerged, coinciding with the onset of WWI. This year marked a shift in power dynamics, with private banking controlling money and influencing various sectors, including health and education. The Titanic sinking, which claimed the lives of prominent opponents to central banking, symbolized the resistance's demise. Since then, the dollar's value has plummeted, and the middle class has suffered, all while the system remains largely unchallenged and hidden from public awareness.
@alizaeteri - Ali Zaeteri
1913 — Federal Reserve 1913 — IRS (Income Tax) 1913 — Rockefeller Foundation 1913 — American Cancer Society 1913 — ADL 1913 — Warburg (linked to Rothschilds) installs central banking 1914 — WW1 All in one year. Coincidence? Or installation? A thread 🧵
@alizaeteri - Ali Zaeteri
1912 — The Titanic sinks. On board: 🔹John Jacob Astor IV 🔹Benjamin Guggenheim 🔹Isidor Straus All wealthy. All opposed to the creation of a central bank. J.P. Morgan owned the ship. He canceled last minute. They didn’t. The resistance sank. The system rose.
@alizaeteri - Ali Zaeteri
1913 — The Fed is created. Not federal. No reserves. A private banking cartel now controls America’s money. They print. They lend. You owe. The U.S. dollar became a tool. And your time became their interest.
@alizaeteri - Ali Zaeteri
Warburg & Rothschild Influence Paul Warburg wrote the Fed plan. A German-Jewish banker tied to the Rothschild network. Met in secret at Jekyll Island with Morgan, Aldrich, and others. He didn’t just suggest the Fed. He engineered it. Then became one of its first governors.
@alizaeteri - Ali Zaeteri
1913 — The IRS is born. The same year they took over money… They started taxing your income. You work. They print. You pay them back… With interest. It’s not about funding government. It’s about keeping you in the system.
@alizaeteri - Ali Zaeteri
1913 — Rockefeller Foundation The oil kings go “philanthropic.” The Rockefeller Foundation begins reshaping: 🔹Medicine 🔹Education 🔹Science 🔹World health They didn’t donate money. They bought influence. Result? People are sicker and more dependent than ever.
@alizaeteri - Ali Zaeteri
1913 — American Cancer Society Backed by elite wealth. Marketed as charity. But tied to the same forces pushing: 🔹Patented drugs 🔹Industrial food 🔹Fear 🔹Chemotherapy (came from war chemicals that were later banned in wars) They built the cancer industry. Not a cure.
@alizaeteri - Ali Zaeteri
1913 — ADL Positioned as a civil rights group. But now functions to: 🔹Censor speech 🔹Shape narratives 🔹Silence critics It protects the system, not the people.
@alizaeteri - Ali Zaeteri
1913 was global positioning. Everything was set… For WWI. 1914…
@alizaeteri - Ali Zaeteri
1914 — WWI One year after 1913, war erupts. WWI becomes the first fully industrialized, banker-backed war. Who profits? The same families who now print the money. The pattern begins: Problem → Reaction → Profit.
@alizaeteri - Ali Zaeteri
What Changed After 1913? Since then: 🔹Dollar lost 99% of value 🔹Debt became endless 🔹Middle class was squeezed 🔹War became constant 🔹Global banking expanded The people lost power. The system gained it.
@alizaeteri - Ali Zaeteri
It was a quiet installation. No shots fired. No rebellion. Just legal paperwork, lobbying, and legislation. The greatest power grab in modern history didn’t need guns. Just silence & strategy.
@alizaeteri - Ali Zaeteri
Why most don’t know this? Because the people who rewrote the system: 🔹Fund the schools 🔹Own the publishers 🔹Control the media 🔹Divide the masses They don’t bury the truth. They simply never teach it. They give you their version of history. Not necessarily the truth…
@alizaeteri - Ali Zaeteri
This is the system we still live in! Every crisis, every war, every crash… Is built on a system born in 1913. The Fed prints. The IRS collects. Foundations guide policy. NGOs shape opinion. And you stay distracted.
@alizaeteri - Ali Zaeteri
The world didn’t change in 2020. Or 2001. Or 1945. A big shift happened in 1913. And most people never noticed. What looked like progress… Was a takeover. A new system was installed. And you were born into it.
@alizaeteri - Ali Zaeteri
Save this thread. Share it with someone who needs to see the big picture. Follow for more truths they'll never teach in school.
reSee.it AI Summary
In 1910, amidst a banking crisis, six influential financiers secretly met on Jekyll Island to draft a plan for a central banking system, later known as the Aldrich Plan. This meeting, shrouded in secrecy, aimed to stabilize the U.S. economy and prevent bank runs. Despite initial failure in Congress due to public distrust, a modified version led to the creation of the Federal Reserve in 1913. Today, the Fed controls interest rates and the money supply, playing a crucial role in global finance, yet it has faced criticism for its effectiveness during financial crises.
@_HistoryNerd - History Nerd
In 1910, America’s banking system was collapsing. Six men with 1/4 of the world’s wealth boarded a train in secret to a private island. There, they created the blueprint for the Federal Reserve. Here's the untold story of the most powerful institution in U.S. history 🧵 https://t.co/u4TKuENeiX
@_HistoryNerd - History Nerd
In the early 1900s, U.S. banking was chaotic. Banks were small, unregulated, and prone to collapse. The Panic of 1907 triggered mass bank runs. The U.S. economy nearly imploded, and Congress was desperate for a fix. https://t.co/cMCoZgj9ZI
Video Transcript AI Summary
In the decades before the Civil War, the country's banking system was a jumble of local banks, local currency, and conflicting regulations. If you traveled from state to state, you would need to convert your cash to local money. All this confusion helped make Americans feel like they weren't part of a truly unified nation.
Full Transcript
Speaker 0: In the decades before the Civil War, the country's banking system was a jumble of local banks, local currency, and conflicting regulations. If you traveled from state to state, you would need to convert your cash to local money. All this confusion helped make Americans feel like they weren't part of a truly unified nation.
@_HistoryNerd - History Nerd
Senator Nelson Aldrich, head of the National Monetary Commission, quietly invited 5 of the nation’s top financiers: 1. Paul Warburg – Kuhn, Loeb & Co. 2. Frank Vanderlip – National City Bank of New York (Citibank) 3. Henry P. Davison – J.P. Morgan & Co. https://t.co/ad1rpJqh90
@_HistoryNerd - History Nerd
4. Charles Norton – First National Bank of New York 5. Benjamin Strong – Bankers Trust Each represented a major banking empire. https://t.co/JttUbkuD1d
@_HistoryNerd - History Nerd
They were told to meet at New Jersey’s Hoboken train station. No last names. No public notices. No media leaks. Officially, they were going on a duck-hunting trip. Privately, they were about to redesign America’s financial system. https://t.co/FEMO71AOPu
Video Transcript AI Summary
Congress passed the Aldrich Vreeland Act in 1908, establishing an 18 member national monetary commission chaired by Rhode Island senator Nelson Aldrich. The commission was charged with finding a way to reform the nation's monetary system, but progress was slow and by 1910, the commission could not agree on a plan. Aldrich took matters into his own hands, meeting with a group of bankers on Jekyll to formulate a plan. The group included bankers Paul Warburg, Henry Davidson, and Frank Vanderlip. Also present were Aldrich's secretary, Arthur Shelton, and a Piet Andrew, a treasury official. Warburg's attendance was critical because of his knowledge of European banking practices. Aldrich was well aware that his meeting with bankers outside of the commission proceedings would generate controversy, which is why the group met at the remote Jekyll Island location.
Full Transcript
Speaker 0: A series of financial panics culminating in the panic of nineteen o seven prompted Congress to undertake a series of steps toward reforming the nation's monetary system to promote macroeconomic stabilization. Congress passed the Aldrich Vreeland Act in 1908, establishing an 18 member national monetary commission chaired by Rhode Island senator Nelson Aldrich. The commission was charged with finding a way to reform the nation's monetary system, but progress was slow and by 1910, the commission could not agree on a plan. Aldrich took matters into his own hands, meeting with a group of bankers on Jekyll to formulate a plan. The group included bankers Paul Warburg, Henry Davidson, and Frank Vanderlip.
Also present were Aldrich's secretary, Arthur Shelton, and a Piet Andrew, a treasury official. Warburg's attendance was critical because of his knowledge of European banking practices. Aldrich was well aware that his meeting with bankers outside of the commission proceedings would generate controversy, which is why the group met at the remote Jekyll Island location.
@_HistoryNerd - History Nerd
They boarded Aldrich’s private rail car, shades drawn, staff sworn to secrecy. After 800 miles, they arrived at Jekyll Island, Georgia: A private retreat owned by the ultra-exclusive Jekyll Island Club, whose members controlled an estimated 1/6th of the world’s wealth. https://t.co/HKNiEIgrtc
Video Transcript AI Summary
What emerged from the Jekyll meeting was the so called Aldrich Plan presented to the National Monetary Commission as a legislative blueprint. It became a catalyst for debate about the role of the government in banking in the central bank's governance. Representing a departure from the centralized governments of European central banks, the plan proposed that a National Reserve Association would function as the US Central Bank. The association would consist of a federation of 15 regional bank associations, each to be presided over by boards of directors elected by the local banks. Aldrich's proposed central bank would promote economic stability by providing for greater financial stability. Though the bill Aldrich put forward to the US Senate in January 1912 was not acted on, Many of the proposals that came out of the Jekyll meeting remained at the core of the subsequent steps in the creation of the Federal Reserve.
Full Transcript
Speaker 0: What emerged from the Jekyll meeting was the so called Aldrich Plan presented to the National Monetary Commission as a legislative blueprint. It became a catalyst for debate about the role of the government in banking in the central bank's governance. Representing a departure from the centralized governments of European central banks, the plan proposed that a National Reserve Association would function as the US Central Bank. The association would consist of a federation of 15 regional bank associations, each to be presided over by boards of directors elected by the local banks. Aldrich's proposed central bank would promote economic stability by providing for greater financial stability.
Though the bill Aldrich put forward to the US Senate in January 1912 was not acted on, Many of the proposals that came out of the Jekyll meeting remained at the core of the subsequent steps in the creation of the Federal Reserve.
@_HistoryNerd - History Nerd
Over the next 9 days, they worked in total secrecy to draft a plan for a central banking system that would: • Prevent bank runs • Stabilize the currency • Centralize U.S. monetary control The public feared concentrated banking power, so secrecy was essential. https://t.co/Z9lfZHXsg6
@_HistoryNerd - History Nerd
Warburg, a German-born banker, had studied Europe’s central banks. He proposed a privately controlled system with regional “reserve” banks, all under a central board, a hybrid between public oversight and private ownership. This draft became known as the Aldrich Plan. https://t.co/aLInHYx6eW
@_HistoryNerd - History Nerd
Participants agreed to never reveal the meeting. For decades, they denied it happened. Vanderlip later admitted: “If it were to be exposed publicly that we had come together… we knew that we simply wouldn’t have been able to carry it through.” https://t.co/TLX0rHcMK4
@_HistoryNerd - History Nerd
The Aldrich Plan initially failed in Congress due to suspicion of Wall Street’s influence. But in 1913, a modified version of Federal Reserve Act was passed. It created the Federal Reserve System: 12 regional banks Centralized monetary authority Power to issue U.S. currency https://t.co/vbcfm2ogqE
@_HistoryNerd - History Nerd
Today, the Federal Reserve controls: • U.S. interest rates • The money supply • $30+ trillion in the economy What began as a secret meeting in 1910 now shapes global finance. https://t.co/caP3KR5ibq
@_HistoryNerd - History Nerd
The Fed was designed to prevent financial crises. Since its creation, America has faced several crashes: The Great Depression & The 2008 financial crash It remains one of the most powerful and most controversial institutions in the world. https://t.co/5bq6sK2Syo
