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A Central Bank controls a nation's currency by setting interest rates and managing money supply. By loaning money with interest, the bank creates a cycle of debt that leads to perpetual borrowing. This system ultimately enslaves governments and the public. Additionally, war is profitable for bankers as it forces countries to borrow more money at interest.

In November 1910, seven bankers met secretly on Jekyll Island to plan America's central bank, which they decided to call the Federal Reserve. Their goal was to control the money supply, create economic booms and busts, and profit from both by creating money from nothing and loaning it to the government at interest. This system would devalue existing dollars, acting as a hidden tax. Removing the gold standard would enable governments to print money for endless, profitable wars. The bankers planned to control the Federal Reserve by influencing presidential appointments and controlling the 12 regional banks through New York banks. They aimed to pass the legislation on December 23, 1913, when most of Congress was home for Christmas. One banker would publicly oppose the bill to create the illusion of Wall Street opposition. They would also fund university chairs and textbooks to promote their system as economic science, leading to generational debt for Americans.

- Speaker 0: Since Israel began strikes on Gaza after Hamas’ surprise attack on October 7, it has targeted residential buildings. The UN says nearly 200,000 structures have been destroyed or damaged. With so many fleeing attacks, Palestinians packed into makeshift shelters, many of them UN run schools, but they were not safe. More than 1,000 schools have been bombed, and Israel has destroyed most of Gaza's hospitals, including Al Shifa, where more than 400 Palestinians were killed in a raid in March 2024. - Speaker 1: We make the best weapons in the world, and we’ve got a lot of them. And we’ve given a lot to Israel, frankly. And I mean, Bibi would call me so many times, can you get me this weapon, that weapon, that weapon. Some of them I never heard of, baby, and I made them. But we’d get them here, wouldn’t we? And they are the best. They are the best. And you but you used them well. It also takes people that know how to use them, and you obviously used them very well. But so many that Israel became strong and powerful, which ultimately led to peace. That’s what led to peace. So as we celebrate today, let us remember how this nightmare of depravity and death all began. - Speaker 2: In 1948, when the land of Palestine was officially stolen and given to a group of rabid Zionists who murdered over 10,000 Palestinians. This crime against humanity was decided as early as 1917 with the Balfour Declaration, the British Crown, and Lord Rothschild of the Rothschild banking dynasty, otherwise known as the Bank of England, who when it’s all said and done, will have control over hundreds of billions of dollars worth of Palestinian oil and gas reserves. As Michael Roverero famously said, all wars are bankers’ wars. According to Benjamin Franklin, the primary catalyst for the American Revolution was the Bank of England’s Currency Act. After the revolution, a value based economy with no interest being paid to any central bank was created. But it didn’t last long. The first bank of the United States was chartered in 1791 and favored foreign stockholders over Americans. The charter ended in January 1811 followed by the war of eighteen twelve and the establishment of the second bank of the United States in 1816, which gave more power to the Bank of England. Andrew Jackson successfully killed the bank’s renewal and shortly after became the first US president targeted for assassination when Richard Lawrence drew pistols on him outside The US capital, but misfired. Laws were passed in the early eighteen sixties for the US government to issue its own currency in a value based economy as opposed to the debt based system imposed by central banks. According to an 1864 edition of the London Times, this would have made America the wealthiest nation of the world. The article warned that if a government creates its own money, it will be without debt. It will become prosperous without precedent in the history of the world and therefore must be destroyed. In 1865, president Lincoln was assassinated, and the economy was quickly phased back to the central bank’s debt enslavement model. In 1913, the tyrannical Federal Reserve Bank and federal income tax was born. The two world wars brought Germany under the heel of the central banking cartel. Western banking institutions financed the Bolshevik revolution. In 2000, Iraq stopped selling its oil and Federal Reserve notes. In 2003, Iraq was illegally invaded by The United States and dollar based oil sales were reinstated. In Libya, Muammar Gaddafi’s gold dinar currency was making the nation rich. In 2011, The US invaded and reverted Libya’s oil sales to dollars. The Bank for International Settlements recently proposed efforts under the guise of anti money laundering that would provide scores to tokens and digital wallets including stablecoins. Digital ID, social credit scores, and a carbon tax is what the bankers are up to now. And everything else is a distraction. Today’s war is mostly psychological, and it’s being waged upon you. Greg Reese reporting. The Reiss report is now fully funded by my Substack subscribers. Subscribe today and support my work at gregreiss.substack.com.

A history of central banking and the enslavement to mankind claims usury destroyed the Roman Empire after patricians gained the privilege to mint silver coinage. Julius Caesar countered usury by reducing debt, controlling the mint, and abolishing slavery for debt. The adoption of the gold standard led to the empire's demise. Constantine's tax decree to the church hastened destruction by concentrating wealth. The implosion resulted in the dark ages. King Ophah established England's monetary system, prohibiting usury. Jews arrived in 1066, practicing usury under royal protection. King John was forced to sign the Magna Carta to abolish usury. Edward I expelled the Jewish population. Tally sticks were used for government expenditures. Jews returned during Queen Elizabeth's reign, practicing fractional reserve banking. Cromwell allowed Jewish immigration in return for financial favors. William of Orange surrendered the royal prerogative to the Bank of England. Napoleon established the Banque de France, replacing private banks. He understood that money has no motherland and financiers are without patriotism. The bank was set up with a share capital of CHF30,000,000. Napoleon made the frank the most stable currency in Europe. The American colonies prospered by issuing their own money, colonial script. The Bank of England restricted this, causing economic collapse. Andrew Jackson collapsed the Second Bank of the United States. Lincoln issued debt-free treasury greenbacks. The Federal Reserve Bank was established in 1913. Tsar Alexander I refused Rothschild's central bank offer, establishing the State Bank of the Russian Empire. The Rothschilds instigated a Judeo-Bolshevik revolution, destroying the empire. The Commonwealth Bank of Australia was founded in 1912. It was established as a private bank, but operated as a state bank. World War I was instigated by Jewish bankers to destroy empires and create a Zionist state. The BIS guides the global financial system. The US Federal Reserve Bank destroyed the value of the dollar. The Great Depression was contrived by the Federal Reserve. Hitler established a state bank, the Reichsbank, which led to Germany's economic transformation. Guernsey issued debt and interest-free notes. Libya had a state-run central bank.

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.

The Bank of England, the world's first privately owned central bank, was deceptively named to appear government-affiliated. It sold shares to undisclosed investors who contributed 1.25 million British pounds in gold coin. The bank operated by loaning out more money than it had in reserves, charging interest. In return, it provided unlimited currency loans to British politicians, backed by taxing the people. This legalized counterfeiting of national currency for private gain. Today, many nations have privately controlled central banks following the Bank of England's model. These central banks gain total control over a nation's economy, creating a plutocracy ruled by the wealthy. The central bank system acts as a hidden tax, as governments sell bonds to the central bank, which creates money out of nothing, leading to inflation. In 1790, Alexander Hamilton proposed a bill for a new privately owned central bank in the United States.

You're about to learn the hidden secret of money and how the banking system truly works. Politicians create deficit spending, which leads to the Treasury issuing bonds, essentially IOUs that become our national debt. Banks buy these bonds, then the Federal Reserve buys them from the banks with counterfeit checks, creating currency out of thin air. Banks then use fractional reserve lending, loaning out most of your deposits while only holding a fraction in reserve, further expanding the currency supply. This system enriches the banks and indebts the public, leading to inflation because more currency causes prices to rise. Taxes are then used to pay interest on these bonds, perpetuating the cycle. The Federal Reserve, a private entity, benefits immensely from this fraud. This system requires ever-increasing debt and will eventually collapse under its own weight. Sharing this knowledge is crucial to building a better future.

The Federal Reserve, a private bank owned by private stockholders, controls the printing of America's money. They loan money to banks and the government, charging interest and putting the country in debt. The Fed gets its money from the United States Mint, which prints it for them. The Fed's control over the nation's wealth allows them to manipulate the economy and enslave the people through perpetual debt. In 1910, a secret meeting was held to establish a central bank, which would later be called the Federal Reserve. This secretive plan was executed on December 23, 1913, when Congress was mostly absent. The Fed's power to print money and the IRS's ability to collect taxes have resulted in the greatest theft from the American people.

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.

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. They 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. 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 St. 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

The current monetary system is a historical "rip off" controlled by banks, causing economic problems, mounting debts, and sinking living standards. Depressions are contrived, and nations don't need debt. Banks create money as debt, deciding when and how much to produce, leading to an unsustainable system that could destroy Western civilization. This system is "legalized theft." In 1910, representatives of wealthy banking families (Rothschilds, Rockefellers, and Morgans) met secretly on Jekyll Island to draft legislation to control the money trust. They aimed to maintain the illusion of uncontrollable business cycles and establish a central bank captive to the money trust. The Rothschilds profited from national debt, manipulating nations by controlling loans. Historically, goldsmiths abused fractional reserve lending, and King Henry created tally sticks to counter this. Andrew Jackson opposed national debt and a central bank, but his return to a gold system allowed bankers to regain control. Lincoln issued greenbacks to fund the Civil War, but bankers undermined this with the National Bank Act. The Panic of 1907 was created to promote a new central bank. The Federal Reserve Act of 1913 created a private central bank, leading to the Great Depression, which the Fed deliberately worsened. The solution involves forbidding national borrowing and fractional reserve lending, and issuing debt-free sovereign currency.

Borrowing from banks leads to nations becoming dependent on loans, resulting in banks having power over them. This creates a system where banks rule instead of a sovereign democracy. This is known as plutocracy, which is a major issue in today's economies. For instance, Obama borrowed $2 trillion from big banks and gave it back to them, supposedly for lending to the public. However, this system allows banks to lend out much more money than they actually have through fractional reserve lending. The 2008 financial crisis showed that big banks were highly leveraged, and Obama even suggested eliminating reserve requirements altogether. This system allows banks to consolidate wealth and control the politics of the nation, undermining government sovereignty and public interest.

Banks create money out of nothing and lend it at interest, which is legal but akin to counterfeiting or cooking the books. The banking lobby avoids changing the system by blaming inflation on high wages or housing speculation, not acknowledging the root cause of money creation by banks.

Jekyll Island, November 1910. Seven bankers meeting in secret to create America's central bank. We just can't call it that. We'll create money from nothing, loan it to the government, and charge interest. Every dollar we print steals value from existing dollars. If we ever get off the gold standard, governments can print money for wars. Endless wars become possible and profitable. Since Americans hate central banks, we'll call it the Federal Reserve. Not federal. No reserves. The president will appoint board members, but we'll pick who he appoints. We'll have 12 regional banks, looks decentralized, democratic even, but New York banks control them all. 12/23/1913, most of congress home for Christmas. Perfect timing for passing unpopular legislation. Every American born after this will inherit debt on money we created from nothing. Generational servitude. Good afternoon.

The video provides a comprehensive overview of the history and impact of privately owned central banks, focusing on the Bank of England and the Federal Reserve in the United States. It highlights the influence of wealthy individuals, such as the Rothschild family, on these banks and their effects on the economy and politics. The video argues for the power to issue money to be taken away from these banks and returned to the people, emphasizing the negative consequences of debt-based banking systems. It also discusses the history of central banking in the United States, including the opposition to the central bank and the creation of the Federal Reserve System. The video explores the consolidation of banking power and the impact of the Federal Reserve. It further delves into the establishment of the International Monetary Fund (IMF) and World Bank, their control over the world economy, and the manipulation of credit. The video proposes monetary reform in the United States, advocating for debt-free US notes, the abolition of fractional reserve banking, and the transfer of monetary power back to the Treasury Department. It warns against false solutions and emphasizes the need for reform to prevent economic instability and wealth concentration.

Central banking and warfare are closely linked, as the Bank of England was founded to raise money for war. The Federal Reserve was established right before World War I, along with income tax, because central banks persuade governments to give up the power to create money and instead borrow from them, requiring taxes to repay the debt. During World War I, the German central bank (Reichsbank) was led by Max Warburg, while his brother Paul Warburg was a key person and founder of the Federal Reserve. Despite the US and Germany being at war, the brothers remained in power. In 1945 Japan, the banks were bust due to war bonds and loans. Instead of allowing a banking crisis, the central bank bought the non-performing assets at face value, solving the problem.

A central bank is an institution that issues and regulates a nation's currency. It controls interest rates and the money supply. The central bank loans money to the government with interest. This system creates debt because every dollar produced is actually the dollar plus a certain percentage of debt. The banking system has a monopoly on currency production and continually increases the money supply to cover the outstanding debt. This perpetuates more debt and creates a cycle of slavery. In the early 20th century, powerful banking families like the Rockefellers and Rothschilds pushed for the creation of another central bank. They used an incident orchestrated by JP Morgan to sway public opinion.

In 1910, influential figures 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 and the introduction of income tax, which burdened ordinary citizens with the government's debt. Surprisingly, if you search for the Federal Reserve in the Washington DC telephone book, you won't find it in the government pages but rather in the white pages alongside Federal Express. This reveals that the Federal Reserve is a privately owned central bank. Central banks are involved in banking operations.

The biggest hidden secret of money is that the modern banking system allows a few to plunder many through a scam. Currency is created faster than trees can grow, but most people don't understand how. Modern societies create currency similarly, and the US dollar is the majority of the world's currency, so the United States will be used as an example. It begins when a politician says, "Vote for me."

Central banks caused wealth inequality and economic instability. The Federal Reserve Act was deceptively passed in 1913 by wealthy bankers who disguised their intentions. They used misinformation to deceive the public and Congress, ultimately gaining a monopoly over American money issuance.

The modern banking system creates currency faster than nature. Politicians create deficit spending, which is paid for by Treasury bonds (IOUs). Banks buy these bonds and sell them to the Federal Reserve at a profit. The Federal Reserve creates currency by writing checks on accounts with zero balance, giving the currency to banks, who then buy more bonds. The Treasury deposits this currency, and the government spends it. When currency is deposited in banks, it is loaned out through fractional reserve lending, expanding the currency supply. 92-96% of all currency is created by the banking system, leading to inflation. Taxes are used to pay interest on bonds the Federal Reserve bought with essentially nothing. The system requires ever-increasing debt and will eventually collapse. The Federal Reserve is a private corporation owned by banks, who profit through interest and dividends. The system funnels wealth to the government and banking sector, causing economic booms and busts and wealth disparity. The solution is to understand the system, share the knowledge, and join the conversation to design a new monetary system.

The biggest hidden secret of money is that so few plunder so many through the biggest scam in history. The modern banking system creates currency faster than trees can grow. Most people don't understand how currency is created because economists and bankers make it seem too complex. Every modern society creates currency similarly, but the US will be used as an example since the US dollar is the majority of the world's currency. It starts when a politician says vote for me.

A small group of wealthy individuals, particularly the Rothschilds, gained control of central banks in Europe and created the Central Bank in the USA. They discovered that lending money to desperate countries during war times allowed them to manipulate governments and accumulate wealth. They even started wars themselves, funding both sides to control the outcome and exploit the resources of the countries involved. By printing unlimited amounts of money and lending it out, they enslaved individuals and governments through debt and excessive taxation. Throughout history, they have funded and profited from wars, set up monopolies, and reduced the population through unnecessary bloodshed. The CIA assassinated JFK because he opposed the Central Bank Mafia and their war machine. Events like 9/11 were used to further their agenda of population reduction.

A history of central banking and the enslavement of mankind claims usury destroyed the Roman Empire after patricians gained the privilege to mint silver coinage. Julius Caesar countered usury by reducing debt, controlling the mint, and abolishing slavery for debt. After Caesar's death, the adoption of the gold standard led to the empire's demise. The church's wealth concentration and usury contributed to Rome's economic ruin. King Alpha of Mercia established England's first monetary system and prohibited usury. Jews arrived in England in 1066 and practiced usury under royal protection. King John was forced to sign the Magna Carta to abolish usury. Edward I expelled the Jewish population in 1290. England enjoyed prosperity using tally sticks for government expenditure. The Bank of England was established in 1694 to lend to the crown at 8% interest. Napoleon established the Banque de France in 1800, replacing private banks. He opposed loans and aimed for financial independence. The Bank of England financed wars against France. Benjamin Franklin said the American colonies prospered by issuing their own money. The Bank of England restricted this, causing economic collapse. Andrew Jackson opposed the central bank. Lincoln issued debt-free treasury greenbacks. The United States Federal Reserve Bank was established in 1913. Tsar Alexander I refused Rothschild's offer to set up a central bank in Russia. The State Bank of the Russian Empire was founded in 1860. The Rothschilds instigated the Judeo-Bolshevik revolution in 1917. Montagu Norman, governor of the Bank of England, advocated for central banks independent of governments. The Bank for International Settlements (BIS) was established in 1930. Adolf Hitler established a state bank in Germany, leading to economic growth. Germany's Reichsbank became an authentic state bank in January 1939. North Dakota has a state bank that contributes to its financial viability. Guernsey issued interest-free notes, leading to prosperity. Libya, under Gaddafi, had a state-run central bank and no national debt. Banking crises are linked to central banking and usury. The US Federal Reserve Bank caused the Great Depression. The 2007 banking crisis was caused by deregulation and innovative financial products. Clifford Hugh Douglas advocated for a national dividend and state control of money creation. Irving Fisher supported state money creation and full-reserve banking.