Reserve Bank is NOT actually a
lending operation. IT IS A FIAT PRINTING PRESS. It
is an illegal monopoly on the power to counterfeit fiat paper, as
Also, the Federal Reserve Bank is NOT EVEN actually part of the Federal government. It is no more Federal than Federal Express, or Federated Department Stores. It is a private corporation with a legislated monopoly on currency and credit that is allowed to BUY its paper currency for nothing more than the cost of the paper, ink, and labor, from the Bureau of Printing & Engraving (U.S. Treasury). Originally this added up to about 2.3 cents per note, or $230 of cost to buy one million dollars (10,000 100 dollar bills). Today the cost is apparently still about the same.
Because of the
existence of the Federal Reserve bank and fractional reserve banking system,
Also, just as the income tax is the 2nd plank, the Federal Reserve bank is the Fifth plank of the Communist Manifesto.
The Federal Reserve bank has never paid a dime in income tax and has never been audited, and a percentage of this private bank is owned (or controlled) by foreigners (or their corporate shells)!!
Can you buy your money for $230 per million ?
Whatever happened to equal opportunity ? Why are only the Federal Reserve Bankers allowed to buy money? Does this monopoly make them rich?
"The Federal Reserve Banks are privately owned,
locally controlled corporations"
"As we have advised, the Federal Reserve is currently paying the Bureau approximately $23 for each 1,000 notes printed. This does include the cost of printing, paper, ink, labor, etc. Therefore, 10,000 notes of any denomination, including the $100 note would cost the Federal Reserve $230. In addition, the Federal Reserve must secure a pledge of collateral equal to the face value of the notes."
- William H. Ferkler (Manager Public Affairs, Dept. of Treasury, Bureau of
"It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford, Founder of the Ford Motor Co.
"I believe that banking institutions are more dangerous to our liberties than standing armies... if the American people ever allow private banks to control the issue of currency...the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent that their fathers conquered." - Thomas Jefferson (Ed. – Does this sound familiar ?)
Why are private unelected individuals controlling the American currency system ? Virtually running the entire country, the stock market, the banks, the lending rates, nearly everything ? Where is any of this in the Constitution?
Do you really believe they are representing We the People with their policies?
If you do, you aren't thinking clearly!
"All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” - John Adams
Wouldn't you like to buy your currency for $230 per million (and have the American People guarantee its full face value, with their own assets)? Well, we won't do that for Citizens but we do it for a select group of private and foreign bankers. And then we let them fractionalize the reserves to issue even more fiat money in the form of unbacked credit. What, you mean your government didn't teach you about this little arrangement in their propaganda centers (public schools). Can you guess why?
is a private corporation cashing your income tax check instead of the Treasury? The money
doesn't even go to the Federal government?
That's right, not one penny actually goes into the
Treasury! It all goes straight to the Federal Reserve bank to service the
debts owed to them because of this monopoly on borrowing money into existence
that they use to control the money supply.
These very rich banksters are illegally and unconstitutionally
attempting to usurp control and rule over
Because of the existence of this unconstitutional bank (Federal Reserve Bank) and its fractional reserve banking system, every penny of our money supply has been borrowed into existence from this bank and its monopoly on “money” (currency and credit), which includes the sole power to issue money without backing – essentially from nothing but air.
Therefore, when the debt is repaid OUR MONEY
DISAPPEARS FROM CIRCULATION, unless the bank re-lends
the money BACK out into circulation.
Therefore, when ALL the debts are paid off,
Because of this hellish system, AMERICA IS ABSOLUTELY NOW WITHOUT A PERMANENT MONEY SUPPLY (like we used to have in gold and silver coin that never disappeared from the accounting books), and the American People are forever chained and enslaved to the repayment of debts for the loans from the banks of “property” that never existed (in the bank’s name) to be borrowed in the first place! A monopoly on the power to create “money”. WOW – where is that in the Constitution. Isn’t that actually prohibited ?
WITHOUT A PERMANENT MONEY SUPPLY IN EXISTENCE, THE ENTIRE NATION IS BEHOLDEN TO THE BANKERS FOR ITS VIABILITY AND SOLVENCY. AS Thomas Jefferson said: “The issuing power must be taken from the banks and returned to the People where it rightfully belongs”
SOON, because of this so-called banking system (that is really not a banking system at all, but a sophisticated system of peonage (debt service)) ALL OF OUR NATIONAL POLICIES WILL BE DIRECTED BY THE BANKERS, NOT THE GOVERNMENT. SOME FEEL THAT THIS HAS ALREADY BEEN HAPPENING FOR A WHILE, AND THAT THE CURRENT EVENTS ON CAPITAL HILL CONFIRM DAILY THAT THIS IS NOW UNDENIABLY TRUE !
Do you know what peonage is? Do you feel like a peon?
You should, because that is the role your government has relegated you to.
The servicing of the debt.
If you are not able to understand what is written above, PLEASE READ THE INFORMATON ARTICLES BELOW UNTIL YOU GET IT !
"AS GOES THE FATE OF THE CURRENCY,
SO GOES THE FATE OF THE NATION !"
AND RIGHT NOW,
Nature of The Banking System
The Root of the Economic Problem
How the System Works - From the Fed Itself!
Who Really Gets the So-called "Tax" Revenues ?
Federal Reserve Bank Exempted From Income Tax
The Legal Tender Issue
The Dangers of Printing Money (photos)
Web Author: The Disciples of Truth
Copyright ©1997 by Agents of the LORD GOD R SAFE - ALL RIGHTS RESERVED