Resources exist that are said to be the property of society as a whole, things like water and air. Money should be one of those community resources.
Money is required to create and maintain a healthy, prosperous economy. Money should not be a privatized resource any more than water or air should be. One of the main reasons we establish government in the first place is we all need a way to protect the common resources from exploitation by selfish individuals. One of the most important duties of government is to provide a sound (honest) monetary system for the benefit of all not just a greedy few.
Last week I covered the fraud of "fractional reserve banking," the nifty little rule that bankers made up that allows them to claim they have SUBSTANTIALLY more money than they have. For example, if a banker has a million dollars in customer deposits, he gets to say he has ten million dollars. A banker can create nine extra million dollars just by making journal entries. Bankers do nothing to earn that nine million. They just say they have it and we allow them to get away with it. For those of you who missed last week's article, you can read it here.
This is the last in a series written on the workings of our fraudulent banking system. You can find part one here called, "You Can't Bank on the Bankers." You can find part two here called "The Single Largest Crime In World History . . . Bankers steal the sovereign right of nations to create money."
MONEY . . . it's arguably one of the most important resources in our lives and yet most of us have no idea what it really is or more importantly what it's supposed to be. Money is supposed to be a medium of value that allows for a free exchange of goods and services. Money can be anything people commonly recognize as valuable and desirable. Commodities like gold and silver have been used because they have always been recognized as being valuable, relatively rare, durable, easily divisible and readily accepted in exchange for goods and services. The basic idea of money is that it has tangible value that everyone will accept as payment for other items of value.
The author of The Creature from Jekyll Island; A Second Look at the Federal Reserve addresses such issues as: What is the Federal Reserve System? Who drafted the plan for the Fed and when did it occur? How is money created? What impact has this had on the American Dollar? Should our currency be backed by gold or silver? Where does Congress get most of its funding? – and much more.
This is an interview with Whitney Webb who reveals what's really going on in the world of Bitcoin and cryptocurrencies and why things are not as they seem. Whitney outlines the underlying plans to use Bitcoin and cryptocurrencies to control the supply. She discusses why cryptocurrencies will soon be used to destroy the value and privacy that has elluded governments until now. She says we are witnessing the collapse of the fiat money system.
A recent book by David Webb sheds new light on exactly what happened during the Great Depression. In Webb’s view, it was a set up.
Webb is a successful former investment banker and hedge fund manager with experience at the highest levels of the financial system. He published The Great Taking a few months ago, and recently supplemented it with a video documentary. Thorough, concise, comprehensible and FREE. Why? Because he wants everyone to understand what’s being done.
If you haven’t read “The Great Taking” or watched the documentary, I recommend you pour yourself a stiff drink and watch it now:
Financial expert Catherine Austin Fitts says, “I don’t know why the government is shifting massive amounts of money out of the U.S. government and out of the U.S. economy and taking it dark.”
Fitts says, “Right now, we are choking on secrecy as a society. If you look at all the people who got it wrong about the collapse, the reason they got it wrong is because all the information they needed to determine whether or not it was going to collapse was being kept secret even though they, as taxpayers, were financing it. . . . If we had transparency and we stopped with the secrecy, we could turn the red button green. . . . The cost of secrecy is enormous . . . . The cost of tyranny, the cost of oppression, the cost of Americans having lousy education and all this control, it destroys so much wealth.” You cannot have a successful civilization with this kind of secrecy.”
Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, Publisher of “The Solari Report.”
YouTube Deleted Greg Hunter's Entire Channel. Years of outstanding interviews wiped out overnight!
F' YouTube!!!
Fortunately we now have alternative video hosting platforms such as Bitchute and Rumble where I was able to find another copy.
This documentary unravels the Rothschild family's history and delves into the labyrinth of power, wealth, and secrets that have defined the most influential and powerful banking dynasties in the world.
Macquarie Bank, Australia’s fifth-largest bank, announced it will phase out cash, cheque and phone payments in 2024 as it transitions to digital-only transactions.
The bank told customers they’ll be unable to write or deposit cheques and withdrawal or deposit cash over the counter by November 2024.
“Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts,” the bank told customers, according to news.com.au.
The outlet noted Macquarie Bank’s announcement sparked criticism as another move towards a cashless society.
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