Georgetown University historian Carroll Quigley, in his book titled "Tragedy and Hope," said
"The powers of financial capitalism have set ourselves another ambitious goal — to create a world system of financial control in private hands is concentrated, and the ability to dominate the political system of any country. This system should be monitored by the central banks of the world acting in concert, by secret agreements arrived at during private meetings and conferences. "
By controlling both democratic and autocratic governments, as well as all other governments, they come close to absolute control over global money, credit and debt, dominating the economy, politics, trade and imperial adventures.
Former director of the Bank of England Josiah Stamp said:
The banking system was conceived in iniquity and born in sin. Land owned by the bankers. Collect it from them, but leave them the right to create money, and with one stroke of the pen they will create enough money to buy it back. "
"However, if you rob them of this right, all their wealth, like mine, will disappear, as they disappear, and then the world will be a much more pleasant place to live. But if you want to remain slaves of bankers, and even pay for their own slavery, let them continue to create money. "
Aesop: "We hang petty thieves and appoint to public office most deserving." The most pernicious of all are the bankers with their power of money.
In the book, Ellen Brown, "Web of Debt" discussed private banking, as he usurped the right to create money, and how we can get it back.
She explains that the more people know? Tons of malignant consequences of this destructive force. Everyone should understand that the Fed is not a government. It is a private banking cartel, owned his major participating banks.
As a result, the Fed controls the world through the ECB, Bank of England and Bank of Japan. These are the major central banks of the world, together with the Bank for International Settlements — the central bank for central banks, no one obeys the boss of all bosses.
In America, in addition to coins, banks create money bill called the Federal Reserve. Coins and paper money in America is less than 3 percent of the money supply. The remaining money in the credit loans denominated in computer numbers.
Banks create money that did not exist before. About 30 percent of them are for their own purposes — and speculation and other unproductive activities.
The brochure from the Chicago Fed in 1960 due to:
"It is not true that the banks lend the money given to them for safekeeping. If they did this, no additional money would not create. Instead, they accept promissory notes in exchange for a credit line for the borrower, revealing him in his bank account. "
Fractional reserve banking creates money literally their air. He then uses them to produce even more.
In contrast to earlier times, the big banks today are a "giant machine rates." Traditional banking is a lost art, at least at the level of megabanks. Most small banks tend to operate with more caution.
Acting irresponsibly banking giants use trillions in high-risk operations such as gambling, using, in particular, tools such as derivatives and securitization scams (it seems it about credit default swaps, approx. Mixednews).
Since the days of the presidency of Andrew Jackson (1829 — 1837), the federal debt has not been paid, only the interest to bankers and other holders of U.S. debt obligations.
Why not return to the state the right to create money, because it belonged to him originally. Burdensome taxes are minimized or eliminated. Money for productive growth could be established without inflation. Life in abundance would be stable. Would become possible full employment and social justice.
Imagine that the whole world has to live that way, instead of climbing up during the boom, and fly down during recessions, worry endlessly repeated inflation, deflation, and periods of instability, crisis and today, perhaps most of all the great, depression, which for their own selfish purposes for further consolidation of power and money have created bankers.
In 1929, this rampant fraud led to the collapse. In summer 2007, the analyst Jeremy Grenthem warned of a "clash in slow motion" caused by "the first truly global bubble."
Obviously the power to create money, concentrated in private hands, turned a failure. This situation harms the country, destroying the American dream leads to the impoverishment of millions, is sponsoring a war machine that is ruining one country after another, and threatened death to all mankind.
To stop it, to return the money creation in the hands of the public, should be a lot of work. Movement "invaders" and protesters around the world should take this as a major goal to achieve, finally, social justice, which was hijacked by bankers corrupt politicians.