“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, Russian writer.

Money is power and having control of money gives you power over the people that use it, which is basically… everyone. Many governments outsource the function of their respective central banks to private organisations that are given the power to create currency out of nothing. They then loan that money to the government and charge them interest. Taxpayers are then burdened with the costs of the loans.

My question would be, why is a ‘for profit’ business allowed to be in control of what the government should be running without profit? Maybe South Africans can be thankful. I’m not sure I would be happy letting our government run a bake sale. But I’m still not comfortable that an ‘independent’ organisation, created for profit, having that much power in determining our monetary policy. Obviously they will make decisions in their own favour regardless of interference from the government.
The US probably has it worse than South Africa. They have to keep finding reasons to print more money to keep that beast of a Federal Reserve happy.

“Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands.” – Theodore Roosevelt

Funny how all the countries that produce oil have had radical leadership changes lately. Could that be because they started talking about changing from Dollars to Euros. If oil was not sold in US$, the US would be finished. Their markets would crash so badly that they would not recover. We were told that the wars were about terrorism, human rights and MDWs but anyone with a brain would realise it is about oil, but not completely. It’s about control of the people that sell the oil. This is to ensure the oil is paid for in Dollars so that there is a demand.

The economic and banking systems are not too difficult to understand but they are made complicated to hide some shady details. Banks are allowed to loan out more then they own in assets. I have heard up to 10 times more than they own in assets. Here lies a major problem and part of the reason for the financial crisis in 2008. If they are not able to collect on their loans they are not able to pay their debts. When this happens banks start to fold. But it is ok because the big ones get bailed out. And who do you suppose pays for the bail out. Yup, we do, the taxpayers that they have been ripping off for years.

Here are a few quotes from bankers:

“The bank hath benefit of interest on all moneys which it creates out of nothing.” William Paterson, founder of the Bank of England in 1694, then a privately owned bank.

 

“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild and the father of modern banking.

 

“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” The Rothschild brothers of London writing to associates in New York, 1863.

Banks do not care about the people that they service. They are in business to make money. You are considered a liability to a bank if you have a credit balance. You are only an asset if you owe them money. They will do their best to make sure that you are in debt.

Any government leader that tries to interfere with banks and the banking system in a country will be taking his life in his hands.

“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. Money will cease to be master and become the servant of humanity”. -Abraham Lincoln

As we know, Lincoln was assassinated.

“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.” Otto von Bismark (1815-1898), German Chancellor, after the Lincoln assassination

Anyway, I hope that is enough to get you thinking. Maybe it is time to cut back, tighten your belt, repay your loans and get out of debt because as long are you owe banks money you are a slave to them. You will be destined to work for them for the rest of your lives as they cause taxes to rise so that you earn less and less.

“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson