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The Fed Creation of Money is a Sham Because the Private Federal Reserve Has Stolen the Wealth From the Working People and Continues to Rob us Blind.

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You’ll find a great deal of information on the subject of the Fed creation of money from The Legalized Crime of Banking and a Constitutional Remedy (1958), by Silas Walter Adams.

Here, Adams describes how the bankers stole America during World War II.

“The United States Government issued more than $250 billion U.S. Bonds during World War II.

“The Federal Reserve Banking System bought every bond, giving the Government deposit credit on the books of the Reserve Banks.

“The Federal Reserve Banking System is a 100% private corporation, “federal” in name only.”

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Fed Creation of Money: $1, 250 Billion

“Let’s summarize the magic touch of bankers. The Treasury wrote cheques totaling $250 billion.

“The recipients deposited these cheques in commercial banks, creating $250 billion in deposits to the credit of those who served the Nation, or sold the United States goods.

“Banks sent them to Reserve Banks, increasing their reserves $250 billion.

“Then the banks wrote on their books $1.25 trillion additional bank credits, which they could lend or use to buy securities, which would add $1.25 trillion in new bank deposits.

“These cheques of the Government first created $250 billion deposits then created $250 billion bank reserves, which ballooned into a $1,250 billion Bank Credit!

“In due time the commercial banks will collect all loans and re-sell all securities.

“This will transfer from their customers’ deposit accounts $1.25 trillion to the banks profit account.”

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Fed Creation of Money: Bankers’ War Profits

“Now let’s total up the banks’ war profits:

• U.S. Bonds $ 250,000,000,000
• Deposits to banks’ accounts. 1,250,000,000,000
• The price-of-the World-War-II total. $1,500,000,000,000

“Adding the $250 billion deposits that the banks paid the Government for the bonds and we find the war created $1,750,000,000,000 monetary assets, and only the $250 billion the Reserve Banks paid the Government escape their assets, but they have the U.S. Bonds, which cost them not one thin dime.

“And they sell the U.S. Bonds daily which will finally transfer the $250 billion deposits they gave for the bonds – and the complete ownership will be theirs!

“There Sir Josiah was vindicated in one war (we’ve included the Sir Josiah quote referred to here below).

“With a flick of fountain pens the bankers created, in five years, $1.75 trillion in monetary values!

“And at the end of the cycle securities and deposits are their assets. And none of it cost the bankers one thin dime.”

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Fed Creation of Money: Bankers Own You

“They are mad men madly plunging the World into World War III – Creditalism’s Armageddon.

“The people pay for the wars in materials, human sacrifice – the cold corpses and mangled living bodies of their sons, in anguish, toil, sweat, tears and blood.

“Yet they plod back to empty larder in a roofless home, and before they can eat or buy material to build their home and a lot to rest it on, they must fall upon their knees before these bankers, who contributed no materials, no sweat, few tears and little blood: who made $1.75 trillion just by selling Uncle Sam the Nation’s own credit, for enough of these $1.75 trillion of bank credit to build their little cottages.

“With cold indifference the bankers said, “You have no credit. You must get the Government to endorse your notes”.

“That to the men who had fought, while these bankers stole from them and the rest of us (legally) $250 billion in U.S. Bonds and $1.25 trillion in bank credit.”

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Fed Creation of Money: Inflation

“Beef steaks selling at $1.1 a pound, $30 land selling for $400, a $1,234 cottage selling for $5,275, is the result of this increase of bank deposits, the inflation of money.

“High prices are not inflation: they grow out of the inflation of money. Price rises should keep pace with money increases.”

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Fed Creation of Money: Leading the Sheep

‘The Government’s price control is an effort, in obedience to the orders of the Reserve Banks, to compel the people to accept, for their goods and services, a cheap dollar.

“Only the deposits in chequeing accounts reflect the money supply.

“That’s why bankers, aided and abetted by the Government, beat down wages, then take every pay-day huge sums as taxes; fight for higher utility profits; urge you to put your money into savings accounts, and urge you to purchase U.S. Bonds and corporation securities.

“A hungry house-wife drools as she sees the thick juicy $1.1 steak, touches it shyly, and lifts a soup bone into the shiny grocery cart, and hurries away.

“If all deposit dollars were demand deposits, and there were no price controls, steaks would cost $11 a pound and $300 salary would be $3,000 a month!”

Hmmmm, this was written in 1958. Those numbers don’t look so large today, do they?

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Fed Creation of Money: The Josiah Stamp Quote

Here is the Sir Josiah Stamp quote Adams refers to above. (He was the second richest man in Great Britain, and president of the Bank of England).

Stamp said this in the 1920’s while giving an informal talk in Austin to about 150 professors of the University of Texas:

“Banking was conceived in iniquity and born in sin…

“Bankers own the Earth. Take it away from them but leave them the power to create money, and, with a flick of the pen, they will create enough money to buy it back again…

“Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and a happier world to live in…

“My sons are well educated; they should not hesitate to take their places in the ranks of humanity, and forge their own fortunes…

“BUT, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control Credit.”

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Fed Creation of Money: Americans Fund Own Demise

When Adams explains the Fed creation of money in this simple manner, it should be clear that money creation is the key to totalitarian globalization (the New World Order).

More education on this is available at Federal Reserve banking history and Money Creation.

Once you understand that the elite cabal funds its Global Community programs (the ones our corrupt officials in the U.S. Government follow obediently) through illegal taxation and fraudulent debt creation, you can begin to see that one solution is to go after that funding.

By blindly buying into federal taxes, a mountain of debt, and accepting the lies surrounding the Fed creation of money, Americans are unwittingly funding the elite and their totalitarian plans.

It doesn’t have to be this way. If the people are educated on the fraud, the fraud falls apart.

We suggest you allow Aaron Russo to educate you on the fraudulent tax issue.

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