Presentation on theme: "Lets study The Money Scam. It can be divided into four or five parts: 1.Money Creation: recorded as a computer ledger entry created from the stroke of."— Presentation transcript:
Lets study The Money Scam. It can be divided into four or five parts: 1.Money Creation: recorded as a computer ledger entry created from the stroke of a keyboard, i.e. created from nothing 2.Money Issuance: all money in circulation is issued as a record of DEBT ON THE PEOPLE with the illusion of being an asset 3.Interest payments: no additional money created for that 4.Inflation: equals theft from value of existing money 5.Dollar: an undefined measure, i.e. a false measure, it is whatever you can get for it at the time you spend it Bankers issue derivative bets a la house casino, and when bets go bad, the house loses, their debt is paid by creating more DEBT TO THE PEOPLE…… THE MONEY SCAM
This is also known as counterfeiting, i.e. creating book entries or paper notes representing no existing assets owned by the bankers, its a legalized criminal activity. Banksters dont own or produce any asset for the money they issue but act as if they owned the Worlds assets. THE MONEY SCAM
Genius inventor Thomas Edison: People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest.
THE MONEY SCAM Note: Reserve ratio defines how much money local banks must deposit with Fed. Fed advances zero interest loans to its pets like Goldman Sachs. Fed can create unlimited amounts off-balance sheet.
Until the bankers stole our money creation process and turned money into a debt to the bankers. Inventor of many, including the electric light, Thomas Edison, criticizing the private monopoly of the Fed to create money: "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... It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps The People." THE MONEY SCAM
William Patterson 1694 Founder of the Private Bank of England: "The bank hath benefit of interest on all moneys which it creates out of nothing [i.e. fiat money]." Ralph M. Hawtrey, Former Secretary of the British Treasury: "Banks lend by creating credit. They create the means of payment, out of nothing [i.e. fiat money]." President Lincolns words (assassinated by the Banking Gangsters agent) "The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest."… "The money powers prey on the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes THE MONEY SCAM
Up to 1913 when the Fed was created, the US$ was defined as 1/20 th of an ounce of gold Now, the US$ is undefined, its whatever you can get someone to give you in exchange at the time you exchange it All dollars are not created equal, i.e. a 1913 dollar is equivalent to over $33 today, i.e. dollars are a false measure, its like defining a 1kg with no fixed definition Banksters can fluctuate the amount of debt money, and its value and the interest rate, thus they create booms and busts during which they fleece people The current monetary/financial system is an organized crime. It has nothing to do with "free markets" and everything to do with illegitimate debt-slavery and captive usury markets. It is by design that the rich get richer and the poor get poorer, not by accident. Wars are the mega-harvests of the Elite Bankers and their stooges.
THE MONEY SCAM "Only when the last tree is cut, only when the last river is polluted, only when the last fish is caught, only then will they realize that you cannot eat money."- Cree Native American proverb "Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services can be paid for only with goods and services."- Albert Jay Nock, in his book 'Memoirs of a Superfluous Man', 1943 "Paper is poverty...it is only the ghost of money, and not money itself."- President Thomas Jefferson "Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal - that there is no human relation between master and slave." - Leo Tolstoy
The National Debt of the Worlds Nations is a record of how much the Banksters have expropriated from THE PEOPLES at the National level only. Add to this state, corporate, individual, etc. Please keep in mind what Austrian Professor of Economics Franz Hörmann, University in Vienna said recently: "The current crisis stems from the banks. The banks [private central and commercial banks] invent money as part of the credit creation process. But if you create money out of thin air [a.k.a. counterfeiting] and then pass it on to others while adding interest to something that did not exist before, and then also, if you make physical assets the collateral, that is in reality a model for expropriation if the social model goes wrong. This is also the reason for bank secrecy rules. Banks are not in a position to reveal where the interest for savings books, property saving contracts and such like comes from and so show that it is all a complex pyramid scheme or ponzi game in reality. THE MONEY SCAM
"Until the privileges and powers of Private Bankers are taken (back) from them, and nations and their people recover that which has been (mis)appropriated by them [Banksters], great fortunes, indentured servants, exalted elite, demagogues and autocrats in government will remain." -- Extract from a speech given at University of Texas, 1920, by Sir Josiah Stamp, Director of the Bank of England. Now (June 2011), Steve Forbes is in Greece with International Chamber of Commerce trying to sell Greece's national assets to Banksters and their brothers in high crimes. Whats behind the global bankers austerity programs: Seizure of public property for private feudal corporate lords, cousins of the International Banking Gangsters. Also watch ex-IMF hitman John Perkins explain how IMF terrorizes countries with financial terrorism and if that doesnt work, invasion, or assassination ensues. This is the fate of the entire World, slavery to the Banksters Mafia, unless a miracle happens, the Banksters imperialism will continue…..assassinations, invasions, occupations, colonizations, financial slavery, tortures, environmental pollution, etc. THE MONEY SCAM
Remember, Banksters create fake debts, pretending to lend people something of value by creating money from nothing behind the scenes, i.e. legalized counterfeiting. Thus, they expropriate the nations wealth and productivity and then claim that THE PEOPLE are in debt to them. Thus, if a bank is truly nationalized, no compensation is due to the Banksters. In fact, the National Debt is how much the Banksters have stolen from THE PEOPLE and then lent it back to THE PEOPLE at interest. THE MONEY SCAM
The Dearborn Independent also started publishing the Protocols as a serial in 1920. "Economic crises were created by us for the Gentiles by the withdrawal of money from circulation.... The present issue of money does not coincide with the need per capita, and consequently it cannot satisfy all the needs of the working classes..... You know that gold currency was detrimental to the governments that accepted it, for it could not satisfy the requirements for money, since we took as much gold as possible out of circulation." Protocol 20. Henry Ford said that it would only require 60 to 70 bankers being put into jail to stop all wars when plans were told to him for World War II and on how various people would profit from it, while he was riding on a ship to Europe. For more quotes, please visit http://quotes.liberty-tree.ca/quotes_about/banking