Central Bank and the Federal Reserve System
The Central Bank and the Federal Reserve System Hold the Nation Hostage to the International Banking Elite and Their One World Government Agenda.
In 1913, the central bank and the Federal Reserve System was founded, the people of America were told, to prevent national economic crises and bank runs like those of the panic of 1907.
In reality, the motives for an American central bank were far more sinister. The ineffectiveness of this system to this aim is evidenced by the fact that 16 years later, in 1929, the United States found itself in the financial turmoil of the Great Depression.
This nation’s central bank the Federal Reserve System was designed to promote an elastic currency in the United States that could be controlled. As it turns out, the Federal Reserve today is owned by a secretive banking cartel whose membership is unknown to the public because their meetings are held in secret.
The United States replaced its gold-backed economy with a fiat money economy in 1971 under President Richard Nixon. Since then, the control of total circulating capital in the United States has been regulated solely by the central bank and the Federal Reserve System.
M3, the data that measures the total circulating capital in the country at any given time, is no longer being measured by open sources.
Meanwhile, the government uses the central bank and the Federal Reserve to manage financial transactions, including borrowing fiat money printed by the central bank and the Federal Reserve to pay for wars.
Money that is loaned to the government by the central bank and the Federal Reserve is loaned at interest, and taxpayer dollars are used to pay down the balance.
The current global economic downturn is worsened by bailouts built on borrowed money, which are prolonging a recession that is already more than a year old.
Regulation and Supervision
The central bank and the Federal Reserve System, according to former chairman Alan Greenspan, does not answer to any judiciary body. In its history, it has never been audited.
It is only loosely subject to control by Congress, whose position mirrors its own because it controls the money.
The Federal Reserve controls key interest rates that affect lending policies throughout the country, but because the practices of the Federal Reserve are so secretly held, the central bank is not generally understood by or held accountable by the public.
Paired with the ability to print money, this lack of supervision gives the Federal Reserve unregulated control over the money supply. When the government borrows money from it, it can print that money to lend, but the debt cycle never ends.
Under the current system, the Federal Reserve has the government in shackles, and the private bankers who run the system hold the nation hostage.
Wars and Their Intent
The conflicts in which the United States has participated since the end of World War II have proceeded under the guise of “spreading democracy” or “fighting a war on drugs” or a “war on terror.”
These conflicts are not meant to be won. When the government enters into a conflict, it requires resources that it must borrow from the central bank and the Federal Reserve System.
The conflicts fuel the debt cycle further, but the public is told that the nation is pursuing a righteous aim worthy of their support.
According to Nicholas Rockefeller, one of the members of the notorious Rockefeller dynasty, the War on Terror is effective because there is no particular enemy.
The war on terror will never end because measures implemented by the government in the name of homeland security are put in place as preventive measures, but they take away civil liberties.
Neither the American population nor the American government can escape the control of the central bank and the Federal Reserve System because the Federal Reserve has control of the money, and control of the money is control of the law.
The only way to take that power away in a democracy is for the people to claim that power back.