That was the date the Federal Reserve Act was passed by our congress after almost half of the representatives had departed for the holidays. What is the result of that act? $32,343,000! Every Minute! What? If we were to pay off the National Debt in one year, that is what it would take to achieve the goal! We hear the numbers on the news X billion here and Y Trillion there, but in all honesty we cannot mentally conceive of these numbers and what they mean. What we also don’t seem to get our head around is that you and I owe this money! However, we do and we are enslaved to it.
We also don’t seem to understand that this debt was not created all by congressional spending which is also a popular myth. No, this debt was created by a private corporation with no government oversight, specifically The FED. All this “quantitative easing” to supposedly stimulate the economy requires this private corporation to print money which is backed by US treasury bonds (our promise to pay). To be exact as of this article being published, you, as a citizen, owe $191,360 of this debt, and yeah that includes every man, woman, and child. So if you are a family of four that tab comes to $758,700!
In addition to all of our debt, the U.S. government has also accumulated more than 200 trillion dollars in unfunded liabilities. This means you need to add another $2,210,000 to the $758,700 you as a family of four are on the hook for as a result of those who govern us. So say a cool $3 Million! This is no game here, that’s what you owe. This is insane, but also it is very real. Given the average household income of $45,000 per year, this means that 100% of what you earn for the next 66 years is required to eliminate this debt! Now ask who do we owe this money too? Bankers and global elite investors.
The greatest damage that quantitative easing has been causing to our economy is the fact that it is destroying worldwide faith in the U.S. dollar and in U.S. debt. If the rest of the world stops using our dollars and stops buying our debt, we are going to be in a massive amount of trouble. Over the past several years, the Federal Reserve has been monetizing a staggering amount of U.S. government debt even though Ben Bernanke once promised that he would never do this.
To be fair, The Fed is just the modern version of the plan by “Central Bankers”. Long before the Fed our once honest leaders worried about the control these bankers had over our lives. The following is a February 1834 quote by President Andrew Jackson about the evils of central banking….
“I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the Bank. You tell me that if I take the deposits from the Bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out and, by the Eternal, (bringing his fist down on the table) I will rout you out.”
Thomas Jefferson once stated that if he could add just one more amendment to the U.S. Constitution it would be a ban on all government borrowing….
“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.”
The capstone of the global central banking system is an organization known as the Bank for International Settlements. An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe. It is called the Bank for International Settlements, and it is the central bank of central banks. It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City. It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws. Even Wikipedia admits that “it is not accountable to any single national government.” The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system. Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does. Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”. During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on. The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.
It is time that every single person understood these realities in the most fundamental manner. The greatest period of economic growth in U.S. history was when we did not have a central bank. You are intentionally being enslaved by these so-called moguls who believe they truly own you. We have stated several times in many articles that the solution is to rid our lives of these non-productive parasites who simply hoard the labor of us all to glorify their sense of power and entitlement and we do so by declaring a global jubilee. We have a sense that globally we are ready to stand up and reclaim our sovereignty and dignity as human beings and in doing so we can throw these chains of bondage off and begin to expand our civilization in the ways we were meant to evolve. We are the ones who must do this and all it will take is for us to collectively understand that it is us who are being manipulated in this not so velvet slavery. We must break this notion that it is someone else who is poor. Whether you are a poor slave or a well off slave, you are a slave nonetheless.