In light of the current ‘economic meltdown’, now is a good time to look at money, how it works and the banking system.

Did you know that banks loan out money they dont even have? The reason prices go up (inflation) is because of this fraudulent banking system.

Years ago there was a lot of resentment for banks and money lenders even by many presidents of the USA. In recent years the criticism has died down. Why? Because the banks own all the media outlets, in fact some say they own and control the governments of the world too.

Thomas Jefferson and Andrew Jackson understood this ‘Monster’ but to most of us today the Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary new film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

Alan Greenspan is not, we’re told, happy about this 42-minute blockbuster. Watch it, and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.

Quotes about the federal reserve

The Rothschilds

“The few who understand the system, will either be so interested from it’s profits or so dependant
on it’s favors, that there will be no opposition from that class.” — Rothschild Brothers of London, 1863

“Give me control of a nation’s money and I care not who makes it’s laws” — Mayer Amschel
Bauer Rothschild

Senators & Congressmen

“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States” — Sen. Barry Goldwater (Rep. AR)

“This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President
[Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst
legislative crime of the ages is perpetrated by this banking and currency bill." --
Charles A. Lindbergh, Sr. , 1913

"From now on, depressions will be scientifically created." -- Congressman Charles A.
Lindbergh Sr. , 1913

"The financial system has been turned over to the Federal Reserve Board. That Board asministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923

"The Federal Reserve bank buys government bonds without one penny..." -- Congressman
Wright Patman, Congressional Record, Sept 30, 1941

"We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it". -- Congressman Louis T. McFadden in 1932 (Rep. Pa)

"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen.
There is not a man within the sound of my voice who does not know that this nation is run by the
International bankers -- Congressman Louis T. McFadden (Rep. Pa)

"Some people think the Federal Reserve Banks are the United States government's institutions.
They are not government institutions. They are private credit monopolies which prey upon the people
of the United States for the benefit of themselves and their foreign swindlers" -- Congressional
Record 12595-12603 -- Louis T. McFadden, Chairman of the Committee on Banking and
Currency (12 years) June 10, 1932

"I have never seen more Senators express discontent with their jobs....I think the major cause is
that, deep down in our hearts, we have been accomplices in doing something terrible and
unforgiveable to our wonderful country. Deep down in our heart, we know that we have given our
children a legacy of bankruptcy. We have defrauded our country to get ourselves elected." -- John
Danforth (R-Mo)

"These 12 corporations together cover the whole country and monopolize and use for private
gain every dollar of the public currency..." -- Mr. Crozier of Cincinnati, before Senate Banking and
Currency Committee - 1913

"The [Federal Reserve Act] as it stands seems to me to open the way to a vast inflation of the
currency… I do not like to think that any law can be passed that will make it possible to submerge
the gold standard in a flood of irredeemable paper currency.” — Henry Cabot Lodge Sr., 1913

From the Federal Reserves Own Admissions

“When you or I write a check there must be sufficient funds in out account to cover the check,
but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn.
When the Federal Reserve writes a check, it is creating money.” — Putting it simply, Boston Federal
Reserve Bank

“Neither paper currency nor deposits have value as commodities, intrinsically, a ‘dollar’ bill is just
a piece of paper. Deposits are merely book entries.” — Modern Money Mechanics Workbook,
Federal Reserve Bank of Chicago, 1975

“The Federal Reserve system pays the U.S. Treasury 020.60 per thousand notes –a little over
2 cents each– without regard to the face value of the note. Federal Reserve Notes, incidently, are
the only type of currency now produced for circulation. They are printed exclusively by the
Treasury’s Bureau of Engraving and Printing, and the $20.60 per thousand price reflects the Bureau’s
full cost of production. Federal Reserve Notes are printed in 01, 02, 05, 10, 20, 50, and 100 dollar
denominations only; notes of 500, 1000, 5000, and 10,000 denominations were last printed in
1945.” –Donald J. Winn, Assistant to the Board of Governors of the Federal Reserve system

“We are completely dependant on the commercial banks. Someone has to borrow every dollar
we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous;
if not, we starve. We are absolutely without a permanent money system…. It is the most important
subject intelligent persons can investigate and reflect upon. It is so important that our present
civilization may collapse unless it becomes widely understood and the defects remedied very soon.”
–Robert H. Hamphill, Atlanta Federal Reserve Bank

From General Law

“The entire taxing and monetary systems are hereby placed under the U.C.C. (Uniform
Commercial Code)” — The Federal Tax Lien Act of 1966

“There is a distinction between a ‘debt discharged’ and a debt ‘paid’. When discharged, the debt
still exists though divested of it’s charter as a legal obligation during the operation of the discharge, something of the original vitality of the debt continues to exist, which may be transferred, even
though the transferee takes it subject to it’s disability incident to the discharge.” –Stanek vs. White,
172 Minn.390, 215 N.W. 784

“The Federal Reserve Banks are not federal instrumentalities…” — Lewis vs. United States
9th Circuit 1992

“The regional Federal Reserve banks are not government agencies. …but are independent,
privately owned and locally controlled corporations.” — Lewis vs. United States, 680 F. 2d 1239
9th Circuit 1982

Past Presidents, not including the Founding Fathers

“Whoever controls the volume of money in any country is absolute master of all industry and
commerce.” — James A. Garfield, President of the United States

“A great industrial nation is controlled by it’s system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world–no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men.” –President Woodrow Wilson

Founding Father’s Quotes on Banking (Maybe some repeats from “Founding Father’s Quotes” / Information tends to converge)

Thomas Jefferson
“I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance. The
issuing power (of money) should be taken away from the banks and restored to the people to
whom it properly belongs.”–Thomas Jefferson, U.S. President.

Andrew Jackson
“If Congress has the right [it doesn't] to issue paper money [currency], it was given to them to be
used by…[the government] and not to be delegated to individuals or corporations” — President
Andrew Jackson, Vetoed Bank Bill of 1836

James Madison
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance”. — James Madison

Misc. Sources

“Banks lend by creating credit. They create the means of payment out of nothing” — Ralph M.
Hawtrey, Secretary of the British Treasury

“To expose a 15 Trillion dollar rip-off of the American people by the stockholders of the 1000
largest corporations over the last 100 years will be a tall order of business.” — Buckminster Fuller

“Every Congressman, every Senator knows precisely what causes inflation…but can’t, [won't]
support the drastic reforms to stop it [repeal of the Federal Reserve Act] because it could cost him
his job.” — Robert A. Heinlein, Expanded Universe

“It is well that the people of the nation do not understand our banking and monetary system, for
if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford

“[Every circulating FRN] represents a one dollar debt to the Federal Reserve system.” — Money
Facts, House Banking and Currency Committee

“…the increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to
45 billion dollars in 1949 went directly to the private stockholders of the [federal reserve] banks.” –
Eustace Mullins

“As soon as Mr. Roosevelt took office, the Federal Reserve began to buy government securities
at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new
[checkbook] currency, which alleviated the critical famine of money and credit, and the factories
started hiring people again.” — Eustace Mullins

“Should government refrain from regulation (taxation), the worthlessness of the money becomes
apparent and the fraud can no longer be concealed.” — John Maynard Keynes, “Consequences of
Peace.”

“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits”.- SIR JOSIAH STAMP, (President of the Bank of England in the 1920’s, the second richest man in Britain):

“The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency”.- MAJOR L .L. B. ANGUS:

For a more intensive look at how banks run the world and its history watch this video.

The Money Masters – How International Bankers Gained Control

After watching these videos im not sure if the banks collapsing iwould actually be a bad thing. Search for more videos on the economic collapse with our video search

worldtvpc free tv for all.

Related posts:

1. Make Money With Streaming Media Internet TV website
2. Tv spreading financial doom more quickly with possible disastrous consequences
3. Google Advertising on TV! They must have too much money