Guess How Many Nations In The World Do Not Have A Central Bank?

central bankMichael Snyder –  Central banking has truly taken over the entire planet.  At this point, the only major nation on the globe that does not have a central bank is North Korea.

Yes, there are some small island countries such as the Federated States of Micronesia that do not have a central bank, but even if you count them, more than 99.9% of the population of the world still lives in a country that has a central bank.

So how has this happened?  How have we gotten the entire planet to agree that central banking is the best system?  Did the people of the world willingly choose this?  Of course not.  To my knowledge, there has never been a single vote where the people of a nation have willingly chosen to establish a central bank.  Instead, what has happened is that central banks have been imposed on all of us.  All over the world, people have been told that monetary issues are “too important” to be subject to politics, and that the only solution is to have a group of unelected, unaccountable bankers control those things for us.

So precisely what does a central bank do?

You would be surprised at how few people can actually answer that question accurately.  The following is how Wikipedia describes what a central bank does…

A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state’s legal tender. Examples include the European Central Bank (ECB), the Bank of England, the Federal Reserve of the United States and the People’s Bank of China. Continue reading

Understanding And Dismantling The Global Control System

“We came from the highest source there is. We came ultimately from the mind of the Creator itself, whatever you perceive the Creator to be. All of the levels that people wish to go through are simply different steps on the ladder that leads to home. ” ~J Websdale

Surviving the Matrix

WorldInChainsLooking at the global situation from the perspective of fear is counterproductive. We need to look at it from a perspective of concern, and see the opportunity that lies in having the knowledge of the global situation. There are opportunities in all these problems. Many people, when they discover the global situation and discover the truth about the world we live in, they move straight into fear. This does not help alleviate the situation. It’s one thing to be aware of it, but it’s another thing to be working actively to rectify this problem – the problem of government corruption, the problem of corporatism, the problem of commerce being superimposed over the human experience to the point where money and economics is viewed as being more important than people and more important than life. Unfortunately this is the situation we currently face.

Many people in our society have grown quite accepting of this; they believe that if they don’t pay their bills then they should be removed from their houses and cast out onto the street. These bills are all contrived, and the way they are contrived is by superimposing a system of interest-based commerce over the minds of the people. Our money system itself is created by a private bank which charges the government interest on the use of their money, which immediately places everybody who uses money into a state of unofficially manufactured debt. This is a simplistic way of looking at it, and it is actually much worse than that. The banks manufacture the paper that we use as money. Money is in fact created when people take out loans. Because the paper that we use is privately printed, privately owned and privately run, there is a debt attached to using that paper. This has the effect of placing everybody within our society into a state of perpetual self-generating debt, which lasts their entire life and sometimes beyond; thereby passing that debt onto their children. All of this debt is contrived and manufactured, and is completely unnecessary. Continue reading

Why The Founding Fathers Made Their Own Money

Freeman’sPerspective  March 13 2014

moneyIt is an interesting historical fact that people who take part in rebellions tend to coin their own money – not when the rebellion concludes, but as it starts.

There is good evidence that silver half shekels, like the one pictured above, were actually minted on the Temple Mount during the Jewish Rebellion against Rome in 66-70 AD. (The wonderful Biblical Archaeology Review ran an article on the subject.)

And this case is hardly unique; there have been many rebellions that promptly issued their own currency. Here is Massachusetts currency from 1776, issued early in the American Revolutionary War:

The primary reason that rebels create their own currency is that monetary control is far more of a force than people realize. Baron Rothschild was not being overly flamboyant when he said, “Give me control over a nation’s money supply, and I care not who makes its laws.” Being able to manipulate a money supply is a fantastic power, affecting every part of an economy. If you know in advance that the money supply will go up (diluting its value) or contract (concentrating its value), you immediately gain a massive advantage over everyone else – and you can target this advantage to help or hurt almost any group you choose.

Because of this, a rebel group that is tied to their opponent’s money has nearly lost before the battles begin. Serious rebels learn this quickly.

The Modern Rebellion

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The Federal Reserve Lies About Everything [Video]

USAWatchdog  February 3 2014

Financial writer and former international derivatives broker Rob Kirby thinks the Fed’s recent cut back in money printing or “taper” is a con game.  Kirby says, “The threat of taper made rates go up.  The actual taper has made the 10-year Treasury drop 40 basis points in less than a month.  The notion that the taper had anything to do with interest rates going higher seems to be a non-story.”  The Fed has long claimed it was buying bonds to hold down interest rates, but if that is not true, what was the Fed doing buying all of those so-called toxic mortgage bonds from the big banks?

[youtube=http://youtu.be/sEhlH_YlQlc&w=500]

Kirby says, “My thesis about taper is that the banks in the U.S. had mortgage bonds on their books probably close to the tune of a trillion dollars that they could not sell to anyone.  It was dead money, and they had to write them off somehow.  The problem with writing off close to a trillion dollars’ worth of mortgage bonds that were held in all the U.S. banks is that kind of money is probably more than the total market capitalization of the U.S. banking industry.  So, they had to figure a way to get those mortgage bonds off the books of the banks and silo them somewhere without basically admitting that the U.S. banking system was insolvent.”

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