“The recent Public Banking conference held in Philadelphia offered a message that is at once so simple – but also so bold – it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance – in ways far, far, far more insidious and powerful than even the latest financial crisis suggests. To understand what has happened, however, you first have to take a minute to shake a few cobwebs out of your brain about “money” – and how it is created and by whom and for whose benefit.
“Money is “created”? Yes, obviously so – or did you imagine there is some fixed pile of “money” some place that exists once and for all and for all times? …”
This is THE issue to understand about this world. It’s the key to the power of the hidden permanent transnational supragovernmental order which is currently racing to consolidate its power and omnipotence under the banner of globalization. When you see the wizard behind the curtain, you begin to grasp the magnitude and monsterousness of the criminal enterprise that controls modern history, that has made a business model of theft, tyranny, war and genocide. Putting the power to “coin money” into public hands, as enabled but not enforced by the US constitution, is the key to human liberation. See the proposed american monetary act at monetary.org. There is no more important issue at this time or any other.
“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford, founder of the Ford Motor Company.
“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.
“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.” John Kenneth Galbraith (1908- ), former professor of economics at Harvard, writing in ‘Money: Whence it came, where it went’ (1975).
“It is absurd to say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay; but one promise fattens the usurer, and the other helps the people. If the currency issued by the Government were no good, then the bonds issued would be no good either. It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold.
“Look at it another way. If the Government issues bonds, the brokers will sell them. The bonds will be negotiable; they will be considered as gilt edged paper. Why? Because the government is behind them, but who is behind the Government? The people. Therefore it is the people who constitute the basis of Government credit. Why then cannot the people have the benefit of their own gilt-edged credit by receiving non-interest bearing currency […] instead of the bankers receiving the benefit of the people’s credit in interest-bearing bonds?” — Thomas Edison, American Inventor
It’s time to fulfill the dream of the founders.