Money/Creation

Money/Creation
Interest of	• Bronson Cutting • Benjamin Franklin • G. Edward Griffin • Hang The Bankers • Pierre Jovanovic • Nikolai Mushegian • Brandon Smith
Much of the unfairness to the non-bank public of the money creating process – creating money out of thin air – really comes about because the general public has no input into decisions about money creation.

The following is a summary of a series of articles written by an anonymous investment banker. In it's own words "The Wizards of Money will take a critical look at the mechanics of the capital and debt markets, who makes the critical decisions that drive them, and how these markets then effect everybody’s lives.

 

An example

Page name	Description
Petrodollar	The selling of the world's oil in U.S. dollars has been the backbone of U.S. dollar hegemony since the U.S. unilaterally terminated the rights of foreign central banks to convert dollars to gold in 1971.

 

Related Quotations

Page	Quote	Author	Date
Bronson Cutting	“The fight against the abolition of the credit power of private banks will be a savage one, for their power as a unit is without equal in the country. Knowing this is why I think back to the events of March 4, 1933, with a sick heart. For then, with even the bankers thinking the whole economic system had crashed to ruin, the nationalization of banks by President Roosevelt could have been accomplished without a word of protest. It was President Roosevelt’s great mistake. Now the bankers will make a mighty struggle.”	Bronson Cutting
Mervyn King	“Of all the many ways of organizing banking, the worst is the one we have today. Change is, I believe, inevitable. The question is only whether we can think our way through to a better outcome before the next generation is damaged by a future and bigger crisis.”	Mervyn King
Money	“To say that a state cannot pursue its aims, because there is no money, is like saying that an engineer cannot build roads, because there are no kilometers.”	Ezra Pound
J. P. Morgan	“... [credit] is an evidence of banking, but it [credit] is not the money itself. Money is gold, and nothing else.”	J.P. Morgan & Co. J. P. Morgan
Petrodollar	“Money supply and debt have exploded in the absence of gold convertibility [...] Today's money is not backed by gold. It is now backed by nothing at all, except our trust in the monetary system.”	Smithy	2003
Social change	“Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile.”	William Lyon Mackenzie King	1935

 

Related Documents

Title	Type	Publication date	Author(s)	Description
Document:The Occult Technology of Power	letter	June 1974	Anonymous	A letter and lecture transcripts addressed to a mature son from his father. Their purpose is to prepare the son for his taking the reins of a financial business empire.
File:The Federal Reserve conspiracy by Antony C Sutton.pdf	book		Antony Sutton	Historical perspectives on the money trust including critique of Karl Marx

Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.

This is a page stub. Please add to it.