Even though I just wrote a two-volume work on the Economy in the United States, entitled “Our Economy: The Good, The Bad, and The Ugly,” where I discussed the Federal Reserve in depth, there is still so much more information about it that I just wasn’t able to cover it in this tome. One topic is what went on in Jekyll Island when it was created. As a matter of fact, there is a rather lengthy book on just this topic written by G. Edward Griffin entitled “The Creature from Jekyll Island: A Second Look at the Federal Reserve,” of which I liberally referenced. There are, of course, many more books on this subject as well, given its pivotal role in our economic history.
The Day 7 Men Secretly Changed America Forever
Jekyll Island, Georgia, November 1910, where seven bankers met in secret to create America’s central bank. Because of our previous negative history with central banks, they weren’t able to call it that. They came up with the following name: “The Federal Reserve.”
The 1907 panic nearly destroyed us. Banks failed. Fortunes vanished. They wanted to control America’s money supply. They wanted to create booms, trigger busts, and profit from both. The problem was how they would approach this. They decided the best way was to create money from nothing, lend it to the government, and charge interest. In essence, this was a form of legal counterfeiting. However, there was a cost; for every dollar they printed, the value of the dollar depreciated. It acted as a hidden tax that directly affected the American citizen.
It even gets worse, because if they ever get off the gold standard, the government can print money for wars. Now, endless wars would become possible and even profitable. By calling their new banking system the Federal Reserve, they gained a second benefit: the name made it sound like it was part of the government. However, it is not part of the government. The president would appoint board members, but the bankers would actually choose who he would nominate. There will be twelve regional banks, which will create the appearance of a decentralized banking system, albeit one that is democratic in appearance. However, the New York branch will control all of them.
The problem was how they would get it passed through Congress. On December 23rd, 1913, most of Congress was home for Christmas. This was perfect timing for passing any unpopular legislation. They decided to oppose their own bill in Congress publicly. Because Congress hates Wall Street and the central banking system, they will pass the bill, thinking that they were pulling a fast one over on them. The bankers will fund university chairs and write the textbooks. The Universities will subsequently teach the new system as economic science, or in other words, it will become the gospel.
Every American born after this date will inherit debt for money they did not create. In other words, Generational Servitude. It won’t contain any reserves, it won’t be federal, but everyone will think it’s their government protecting them. One more diabolical thing that I have not mentioned yet is that to protect the Fed from being closed down to eliminate the debt, they will sell the debt to outside investors, such as retirement funds and other governments. This way, they will ensure that if the Federal Government reneges on its debt, the world economy will come crashing down. So the bigger the debt, the better, and the more money they will make. Because now they will not only be collecting interest on the phantom dollars they printed, but also on the actual dollars they gained by selling the original debt that is now being re-loaned out. It is the largest heist in the history of the world, and it is all perfectly legal. Not only are the banks making money, but the arms manufacturers are realizing huge profits from the endless wars. All the contractors are also making money, as a result of the damage being done to the warring countries, which now have to be rebuilt. Just look at Ukraine and the Gaza Strip.
Other things that were created in 1913, besides the Federal Reserve:
1)The IRS: where the middle class is being taxed into oblivion
2)The Rockefeller Foundation: where they took control of medicine (health), education, and science
3)Formation of the American Cancer Society: funded cancer treatments and chemo therapy
4) The ADL (Anti-Defemination League): censoring people and critics
!914 -WWI: the first war where private industries profited directly from war. These were the same families that created the first four listed.
What has happened since these improvements:
- The dollar has gone down in value
- The national debt has gone through the roof
- The middle class is nothing but an after thought, something to just be ridiculed, taxed and basically, shit on daily
- War is now an industry instead of a conflict
- Our money isn’t real, it is not backed by gold, it is just fiat
We are concerned that we are losing control of our country, well it is a little late to be worried about it, because it essentially happened way back in 1913.
Resources
-“The Secrets of the Federal Reserve.” By Eustace Mullins;
-“The Creature from Jekyll Island: A Second Look at the Federal Reserve.” By G. Edward Griffin;
-“Secrets of the Temple: How the Federal Reserve Runs the Country.” By William Greider;