Friday, August 21, 2020

A History Lesson On America's Economy



Hello everyone and welcome to today's article. For this post I will be covering some history regarding the economy in America. The subject matter will be primarily about how the moneychangers control the wealth of America as well as other countries worldwide. Let's delve into it shall we.







Did you know that the Federal Reserve is not a part of the Government. It is a private corporation/Bank. It is not Federal and it was created in order to make the most profit off of other people money. That's why if you look for it in the phone book it usually doesn't turn up in the yellow pages but the white pages. The Federal Reserve wields more power than the federal Government because it controls how much everyone's car/house payment amount is and whether someone has a job or not.

Way back in 1913 congress gave an independent central bank (the federal reserve) a monopoly over the issuance of our (America) money. The amount of debt created by this is what is destroying our economy. It is interesting to note that it was the tables of the moneychangers that Jesus overthrew in the temple (Mat 21:12, Mar 11:15).


Fractional Reserve Banking hearkens back hundreds of years when goldsmiths would print more money than the Gold they currently possessed which usually went unnoticed. They would then loan out this extra money and collect interest on it. It turns out that Banks are permitted to loan out 10x the amount of money they possess and therefore accumulate 10x the interest. This Fractional Reserve lending is grounded in fraud and is the cause of widespread poverty and reduces the worth of other peoples money. In the days of King Henry the 8th usuary laws were loosened, so the moneychangers made gold, silver, and money pleniful for a few decades but when Queen Mary ruled the usuarly laws were tightened the moneychangers hoarded the wealth so the economy tanked.

 The bank of England has become the modal for virtually every nation that has a privately controlled central bank, this has resulted in legal counterfeiting of national currency for private gain, therefore gaining control of the nations economy.

It was the Rothchild that financed Cecil Rhodes which made it possible for him to make a monopoly over diamonds and Gold fields of south Africa.

The Economy During America's early History


According to Franklin the primary reason for the revolutionary war was because England forced America to a Gold and Silver coin standard instead of making their own money, the result was a depression in as little a one year.

"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." -Jefferson

" I wish it were possible to obtain a single amendment to our constitutuion--taking from the federal government their power of borrowing". -Jefferson

"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". Nicholas Biddle
Biddle made good on his threat as he contracted the money supply by calling in old loans and refusing to extend new ones, but blamed Jackson by stating it was caused by withdrawal of federal funds for the bank.

This kind of thing has happened multiple time during the U.S. history.

Jackson said that his greatest accomplishment was that he killed the bank. In order to fund the civil war Lincoln printed 450 million dollars worth of greenbacks. Lincoln thought that if the Government created and issued the money then the people would be spared vast sums of interest. Money then would become the servant and not the master of humanity.

The National Bank Act - Gave national banks tax free status and a monopoly power to create the new form of money (bank notes). From there the entire U.S money supply would be made out of debt by bankers buying Us Gov. bonds and issuing them for reserves for bank notes. The Federal Reserve Act of 1913 - gave back centralized control to the banking system. Their goal was to remove so much money from the system that most Americans would be too poor to care or to weak to oppose them.

Post Civil war Depression Chart
Date                     Money in Circulation                 Per Capita
1866                       1.8 billion                               $50.46
1867                        1.3 Billion                               44.00
1876                         .6 Billion                                14:60
1886                          .4 Billion                                 6.67

"Whosoever 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, on way or another, by a few powerful men at the top, you will not have to  e told how periods of inflation and depression originate." - James Garfield  


The Economy Over the Last Century


In 1907 Morgan and his friends were able to crash the stock market then he offered to help the crashing economy by supporting failing banks by money he created ex nileo, congressed permitted this.

The glass owen bill was virtually identical to the Aldrich bill. "The bill grants just what wall street and the big banks for 25 years have been striving for - private instead of public control of currency. It [the glass owen bill] does this as completely as the Aldrich bill. Both measures rob the gov. and the people of all effective control over the publics money, and vest in the banks exclusively the dangerous power to make money among the people scarce or plenty". --Alfred Crozier, Ohio attorney Dec 22nd 1913. it was snuck through the senate during Christmas break.

"A super-state controlled by international bankers and international industrialist acting together to enslave the world for their own pleasure." Rep. Louis McFadden (D-PA)

In just three years after the pass of the Federal Reserve Act president Woodrow Wilson had second thoughts on what he had done. " We have come to be one of the worst ruled, one of the most completely controlled gov. in the civilized world- no longer a government of free opinion, no longer a government by ---a vote of the majority, but a gov. by the opinion and duress of a small group of dominant men." " Some of the biggest men in the U.S. 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."

The moneychangers had it out for the Czars ever since the civil war because they supported Lincoln during that time. At that time Russia was the only major European nation that didn't cave in to the privately owned banking idea. Three years after ww1 occurred the Czar was overthrown by the Russian revolution and the blight of Communism began. Why would some of the wealthiest capitalist of the world support communism? " If one understands that Socialism is not a share of the wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of surper-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". -Author Gary Allen

Now let's talk about the great depression. In August of 1929 the Fed tightened it's money supply and if you read the biographies of some of the richest men of that era (John Rockafeller, J.P. Morgan, Benard Beruch, etc)  it is apparent that they knew what was going on, because right before the crash they put all their assets in gold or cash.

"It was not accidental. It was a carefully contrived occurance….the international bankers sought to bring about a conditional despair here so that they might emerge as rulers of us all" --Rep Louis T Mcfadded (D-PA).

"The federal Reserve Definitely caused the great depression by contracting the amount of currency in circulation by one-third from 1929 to 1933."---Milton Friedman (Nobal Prize Winning Economist).

President Roosevelt  outlawed the private ownership of all gold bullion as well as coins (with the exception of rare ones). Those that refused to give them up faced the possibility of about 10 years imprisonment and a 10 thousand dollar fine (that's a hundred thousand today). They were paid the standard $20.66 per ounce. Roosevelt convinced the americans to give up the gold by saying that we needed to pull our resources together in order to get through the depression. After all that gold was acquired though the price thereof was raised to 35 dollars per ounce. Additionally only foreigners could get their gold at that high price. The money changers who took heed to warburgs warning and had gotten out of the stock market before the crash took all that gold that they bought for 20.66 per ounce and shipped it oversees, then sold it back to the government nearly doubling their money.

A article in the new York periodical during 1974 told of th gold being stolen from fort knox, the Rockafeller family was manipulating the federal reserve in order to sell off fort knox gold at bargain prices to Anonymous European spectators, three days later the Anonymous source of the story Louis Boyer fell to her death from her 10 story apt. How did she acquire this secret information? She was the secretary of Nelson Rockefeller. The Government did not do a well publicized audit in order to dispel the rumors.

President Regans Gold commission confirmed in 1982 that there was no gold at fort knox but rather owned  by the Federal Reserve, the U.S. treasury owned no gold!

Conclusion/Solution


So how do we take back power from the moneychangers who profit from socialism and monopoly capitalism? The answer is monetary reform. There are four steps to solving this economy dilemma.
Step one is to pay off the debt with debt free U.S notes. In Step 2 we Abolish fractional Reserve banking. As the debt is paid off, the reserve's requirements of all banks and financial institutions would then be raised to a proportional level simultaneously. Third we repeal the Federal Reserve Act of 1913 and the National Banking Act of 1864. And then finally we withdraw from the world bank, IMF, and the BIS.

Thanks for reading, Please Share.

Reference: YouTube documentary titled The Money Masters

4 comments:

  1. Hey Justin,

    I was wondering what you thought of this article?:

    https://www.garynorth.com/public/6942.cfm

    ReplyDelete
    Replies
    1. To be honest I don't know what to think, I would have to do further research and not just tak the opinion of this one person. It was interesting though that in her quote Garfield did back the silver and gold standard.

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  2. This is horrid, isn't it? Matters became worse when we departed from the gold standard.

    ReplyDelete
    Replies
    1. The value (purchasing power) of our money just keeps decreasing as time goes one. I remember when you could get a 12 pack of reese cups for a $1 not you get like 5 cups for the same price. Not that I still eat them though.

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