DEBT DIAGNOSIS

The Objec­tives of the Fed­eral Reserve from The Crea­ture of Jekyll Island.

We have been led to believe that the Fed­eral Reserve is fail­ing in it’s objec­tives but the real­ity is it is suc­ceed­ing mag­nif­i­cently. We just think their objec­tives are the same as ours, but they are not.

See audio link below — 1910 – 1913 Fed­eral Reserve Sys­tem Objec­tives.

46:00 Objec­tive #1

To stop the ero­sion of power away from New York. Elim­i­nate small banks.

Objec­tive #2

Reverse the trend of what they call pri­vate cap­i­tal for­ma­tion. Now that is banker lan­guage for which indi­vid­u­als or busi­nesses use their own sav­ings for some­thing instead of going to the bank and bor­row­ing money for it. At the turn of the cen­tury there was a trend toward pri­vate cap­i­tal for­ma­tion — in busi­ness par­tic­u­larly, busi­nesses were hold­ing back a cer­tain por­tion of their div­i­dends each quar­ter putting that money into a sink­ing fund, and then as the cap­i­tal formed they saved more and more money.

Then they used their own money to build a new fac­tory or to launch a new research and devel­op­ment project or what­ever. The big banks were extremely con­cerned over this trend.

They wanted to entice busi­ness own­ers back into the banks to bor­row money and they knew that the only way to do that was to lower inter­est rates.

The Fed­eral Reserve have cre­ated flex­i­ble money which is money made out of noth­ing. If you can cre­ate money out of noth­ing, you don’t have to charge a lot of inter­est on it to show profit, do you? (It is a well known fact that banks make more prof­its dur­ing peri­ods of low inter­est than high inter­est rates.)

50:00 Objec­tive #3

To pass on the inevitable bank losses onto tax pay­ers in the name of pro­tect­ing the peo­ple. The game is called bailout. These are the true objec­tives of the Fed­eral Reserve. And they are play­ing the game beautifully.

We can read in the book titled ‘How pri­va­tized bank­ing really works’ how econ­o­mists have cal­cu­lated that if just 10% of the pop­u­la­tion of the USA owns their own pri­vate bank­ing sys­tem, the Fed­eral Reserve will not be able to con­tinue functioning.

This is the real and most effec­tive solu­tion I have found to date and I believe it is our only way out of becom­ing slaves to the gov­ern­ment and those that are in prof­itable rela­tions with the government.

Page 352 of How Pri­va­tized Bank­ing Really Works reads as follows:

The prac­tice of IBC (Infi­nite Bank­ing Concept)is not a panacea. Even if large num­bers began financ­ing their major pur­chases exclu­sively through div­i­dends or pol­icy loans, the Fed­eral Reserve would still have the abil­ity to cre­ate unlim­ited quan­ti­ties of money by key­stroke, and the com­mer­cial banks would still find will­ing bor­row­ers if they cut inter­est rates enough.

Even so, as more and more house­holds begin prac­tic­ing IBC, we will see three major effects:

First,

the idea of pri­va­tized bank­ing — one of the planks in the Sound Money Solu­tion — will seem less far-fetched.

Sec­ond,

a grow­ing num­ber of house­holds will become finan­cially inde­pen­dent. Their bondage under the cur­rent debt-based sys­tem will be bro­ken, and they will not be nearly as vul­ner­a­ble to the credit whip­saws unleashed by the Fed­eral Reserve.

Third,

as more and more peo­ple add siz­able life insur­ance poli­cies to their long-term finan­cial plans, the pub­lic agi­ta­tion against infla­tion­ary poli­cies and deficit spend­ing will be stronger. The prac­ti­tion­ers of IBC will find it in their great per­sonal inter­est to aid the Aus­tri­ans and other cham­pi­ons of sound money, because the value of their insur­ance would be enhanced with a stronger dollar.

Page 355

Not only does the switch to insur­ance financ­ing make sense at the indi­vid­ual level, but it also con­tributes toward the ulti­mate solu­tion — to remove gov­ern­ment inter­ven­tion from money and bank­ing altogether.

— —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — —

We will prob­a­bly never return to the gold stan­dard but what we can do, which is the next best thing, is con­trol our own money. We can do that by Becom­ing Our Own Banker with other eco­nom­i­cally like-minded peo­ple who have con­tracted with each other for the same goal. You can cre­ate your own markets.

Page 19 of How Pri­va­tized Bank­ing Really Works states:

Our Money is not Fully in Our Con­trol. The Cen­tral Bank of the United States-the Fed­eral Reserve– has a com­plete monop­oly on our money and it is man­dated by our fed­eral gov­ern­ment. This dom­i­na­tion of our entire mon­e­tary sys­tem has had severe eco­nomic and moral ramifications.

The effects of this monop­oly are the prime rea­son why the value of our money has fallen some 95% since the Fed­eral Reserves found­ing in 1913 and it is the direct cause of our cur­rent finan­cial crisis.

We can­not hope to begin to think and see money with clar­ity until this real­iza­tion is exposed and fully understood.

Police know the Fed is a Pri­vate Organization