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Secrets of the Federal Reserve
[...]
The control over Federal Reserve System decisions is also founded in another unique situation. Each day, representatives of four other London banking firms meet in the offices of N.M. Rothschild Company in London to fix the price of gold for that day.
The other four bankers are from Samuel Montagu Company, which ranks Number 5 on the list of seventeen London merchant banking firms, Sharps Pixley, Johnson Matheson, and Mocatta and Goldsmid.
Despite the huge tide of paper pyramided currency and notes which are now flooding the world, at some point, every credit extension must return to be based, in however minuscule a fashion, on some deposit of gold in some bank somewhere in the world.
Because of this factor, the London merchant bankers, with their power to set the price of gold each day, become the final arbiters of the volume of money and the price of money in those countries which must bow to their power. Not the least of these is the United States. No official of the Federal Reserve Bank of New York, or of the Federal Reserve Board of Governors, can command the power over the money of the world which is held by these London merchant bankers. Great Britain, while waning in political and military power, today exercises the greatest financial power. It is for this reason that London is the present financial center of the world.
Originally posted by Hunting Veritas
The Federal Reserve is a bank NOT owned by the government of the US but is owned by Bankers of London.
The Bank of England is also NOT owned by the government of England but is owned by private stockholders.
"I have no use for politicians,"
says Fritz Leutwiler, head of the Bank for International Settlements.
"They lack the judgment of central bankers."
The B.I.S Rich text file
The membership of this club is restricted to a handful of powerful men who determine daily the interest rate, the availability of credit, and the money supply of the banks in their own countries. They include the governors of the U.S. Federal Reserve, the Bank of England, the Bank of Japan, the Swiss National Bank, and the German Bundesbank. The club controls a bank with a $40 billion kitty in cash, government securities, and gold that constitutes about one tenth of the world's available foreign exchange. The profits earned just from renting out its hoard of gold (second only to that of Fort Knox in value) are more than sufficient to pay for the expenses of the entire organization. And the unabashed purpose of its elite monthly meetings is to coordinate and, if possible, to control all monetary activities in the industrialized world.
[...]
Until 1977 the BIS hid itself from the world. Bankers told visitors to go to Frey’s Chocolate Shop and enter the unmarked entrance of the former hotel next door.
[...]
Even though an isolationist Congress officially refused to allow the U.S. Federal Reserve to participate in the BIS, or to accept shares in it (which were instead held in trust by the First National City Bank), the chairman of the Fed quietly slipped over to Basel for important meetings. World monetary policy was evidently too important to leave to national politicians.
[...]
“It was in the wood-paneled rooms above the shop and the hotel that decisions were reached to devalue or defend currencies, to fix the price of gold, to regulate offshore banking, and to raise or lower short-term interest rates.”
[...]
It is secretive. It is Swiss. And the little-known BIS holds the purse strings of nations.
[...]
To mollify such dissent on the periphery, inner club members publicly pay lip service to the ideal of preserving the character of the BIS and not turning it into a lender of last resort for the world at large. Privately, however, they will undoubtedly continue their maneuvers to protect the banking system at whatever point in the world it seems most vulnerable. After all, it is ultimately the central banks' money at risk, not the BIS's. And the inner club will also keep using the BIS as its public mask — and pay the requisite price for the disguise.
Originally posted by Passer By
But how do you make people more intelligent? School? Hardly. Street education? Not very good there either. Parent's? Can't do that with taxes, rent and such no time to teach morals and ethic's, heck barely enough time to sleep, and really while th eparents are striving for more money the natural conclusion to any child money = freedom, eventually leading into money = power, which inevitably leads to getting money at all costs, which is exactly where we are now..
Originally posted by Passer By
But how do you make people more intelligent? School? Hardly. Street education? Not very good there either. Parent's? Can't do that with taxes, rent and such no time to teach morals and ethic's, heck barely enough time to sleep, and really while th eparents are striving for more money the natural conclusion to any child money = freedom, eventually leading into money = power, which inevitably leads to getting money at all costs, which is exactly where we are now..
Originally posted by AlwaysLearning
You will never hear any of this talk at ANY university probably worldwide. So-called economists will never talk about this!!!! So we need to talk amongst ourselves, read, read, read, discuss, discuss, discuss and share with others...even one at a time.
I mean - who knew that most countries have the right to coin and print their own money and not be beholden to the banks??? Apparently only the Isle of Guernsey prints its own money. Chavez of Venezuela knows and told the World Bank to take a flying leap....his days, unfortunately are probably numbered because of it!
Knowledge is power, guys....share this knowledge with everyone you know. My eyes have been opened!
[edit on 22/6/05 by AlwaysLearning]
Originally posted by Hunting Veritas
Lesson #5. Create a global governance created by the people for the people, which in turn can create and regulate the money......Without the need for banks........Therefore no one makes a vast amount of money and inevitably removes the power from the corrupt.
Let’s Follow the Isle of Guernsey Model
Originally posted by Hunting Veritas
Lesson #5. Create a global governance created by the people for the people, which in turn can create and regulate the money......Without the need for banks........Therefore no one makes a vast amount of money and inevitably removes the power from the corrupt.
Originally posted by centurion1211
Lesson #5 = marxism sugar coated to make it sound oh so sweet. Until you remember how many people have died in the world due to others chasing that "utopian dream".
Duh, and just where would your new dream world government create, regulate and store it's money? Hint: starts with a 'b' and ends with a 'k'.
Regarding the 'Guernsey experiment', it is not possible to increase the money supply, keep all other things equal and not have inflation. More money = cheaper money = takes more money to purchase the same amount of goods and services than it did before the money supply was increased=inflation.
Ridiculous thread ...
Originally posted by Hunting Veritas
Duh, and just where would your new dream world government create, regulate and store it's money? Hint: starts with a 'b' and ends with a 'k'.
In all actuallity the money would be regulated by the people....for the people. NOT banks. Well to be exact Fractional reserve banking where the greedy bankers create money from nothing at an interest which inevitably means they will control money.
You didn't answer my question because logically you can't. Let's try it again. Somebody will have to store your money in a place to protect it from those that would want to steal it. That place (whatever you choose to cll it) will be a bank.
Regarding the 'Guernsey experiment', it is not possible to increase the money supply, keep all other things equal and not have inflation. More money = cheaper money = takes more money to purchase the same amount of goods and services than it did before the money supply was increased=inflation.
Then how come Gurnsey is still a FREE nation.....no debt.....no interest and NO WAR.
Besides.....I am NOT trying to make people equel it is obvious some have better skills than others....What I am trying to get people to see is the bankers are in control NOT the Prime minister or the President of the USA as we are all lead to believe. We all need to borrow money but in order to borrow money from a bank you have got to pay interest. From this they make millions and no one says a thing.......or if they do.....well I guess just look at Abe lincoln and JFK. Both wanted to destroy the federal reserve which is private institution. Coincidence I think not.
Originally posted by centurion1211
I'm sorry, but this is all so incredibly naive. First, I don't see you complaining that the banks are paying you interest for your deposits. That is just the flip side of charging you interest to borrow money. The money a bank takes in interest gets used in part to pay you interest on your deposits. All businesses operate that same way.
[edit on 6/23/2005 by centurion1211]
You have voted AlwaysLearning for the Way Above Top Secret award. You have used all of your votes for this month.
Originally posted by Hunting Veritas
In all actuallity the money would be regulated by the people....for the people. NOT banks. Well to be exact Fractional reserve banking where the greedy bankers create money from nothing at an interest which inevitably means they will control money.
Originally posted by Hunting Veritas
Then how come Gurnsey is still a FREE nation.....no debt.....no interest and NO WAR.
Originally posted by Hunting Veritas
well I guess just look at Abe lincoln and JFK. Both wanted to destroy the federal reserve