Eileen Left  

It is impossible to understand the global economy unless we appreciate the background to the world money system. This is not taught in the schools and no smart suited economist or correspondent on the television news will tell you the truth either. Some of them don't know what is going on because they have been programmed to believe nonsense by the education system, while others simply don't want you to know.

The foundations of the manipulation toward a world government, army, bank and currency are built on the fantastic con trick we call the banking system. Once people understand the way this works, it is easy to see how a few can control the lives of everyone else.

The banks are given the power to 'create' money, by which they mean 'creating' non-existent money known as credit. This cost them nothing, but the moment this credit is brought into theoretical existence the banks can start to charge interest on it. This is the system that controls everyone's life. But it goes further then that. When you take out a loan, the bank 'creates' credit for the size of the loan, say $20,000. If only in theory, that is 'new' money. But your are not going to pay back only $20,000, because you have to pay interest on that loan. The interest has not been 'created' by the bank, but it still has to be found from somewhere. So where? From the wealth and credit already circulating in the world.

In this way, since this crazy banking system began, the real wealth of the planet has been sucked into the banking system as the interest paid on every loan to every person, business, and government. This has allowed them to lend even more non existent money on the back of that and get the world even deeper in-debt. The wealth and credit loaning capacity they have accumulated is beyond comprehension, far more than that of the United States, the richest country in the world. In fact, they own the United States, as they own almost every other country in the world. The bankers have used this wealth and credit mountain to buy and control the global oil companies, multinationals of every kind, the media, the armament companies, the drug companies, the politicians, the political 'adviser's', and virtually everything else they need to control the world. The same few people and families own the lot! They hide this truth behind the front organizations, the desire for secrecy by the pathetic media and the education system. The Rockefeller's and Rothschild's alone control a fantastic network of banks, oil companies, multinational corporations, airlines and scores of others organizations.

The Rockefeller/Rothschild Chase Manhattan Bank has enough power by itself to stimulate a global financial panic. We could be seeing that happening now with the current banking problems.

By controlling the creation of credit, the bankers can cause booms and busts, nationally and internationally, whenever they wish to further their ambitions. An economic depression is not caused by a collapse in the demand for goods and services. People do not decide that they no longer want jobs done or articles produced. An economic depression is caused when there are not enough pieces of paper and electronic 'money' in circulation to pay for those goods and services. And who controls the amount of money-credit in circulation? The banks. If they want to cause a depression for ulterior motives, as in pre-war Germany and the US, they take measures which reduce the amount of money in circulation. They reduce the number of loans they make and raise interest rates. Currently, banks are very cautious about lending money to other banks. Our banks are having to go to other countries to borrow money.

This also reaps a colossal reward for the major (Global Elite) banks. People still have to pay the interest on loans taken out before the manufactured economic collapse and if they default, the banks take their property and increase by hundred's of thousands the number of farms, businesses, and homes they own. And with every payment of interest by those who continue to pay their loans during a depression, more money is being taken out of circulation and not recycled back into the economy, thus increasing the depression.

This process of reducing money in circulation and causing a depression can be seen all the time. The economists and their poodles, the politicians and economic correspondents, call all this part of the 'economic cycle'. Bull Crap! In the 1930's that terrible depression, in which men, women , and children starved in a world of plenty, was caused by the banks withdrawing money from circulation by refusing loans. It wasn't that people didn't want to eat; they simply could not afford to buy the food because money had been artifically taken out of circulation. I will leave it to an 'insider' to sum up the situation I have described. Rober H. Hemphill, a credit manager at the Fedreal Reserve Bank in Atlanta, said:

"This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollare we have in circulation, cash or credit. If the banks creat ample synthetic money we are prosperous, if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless postition is almost incredible, but there it is. It is the most improtant subject intelligent persons can investigate and relect upon. It is so important that our present civilisation may collapse, unless it becomes widely understood and the defects remedied very soon."- Sheldon Emery, "Billions for the Bankers, Debts for the People" - Spotlight newspaper reprint, (February 3rd 1986) p8. this article was sasummary of Emery's book of the same name.

There was no money, people were told, to build houses and feed the population. But suddenly, when it was time for the Golbal Elite's war, the money available to finance Hitler, Japan, and the war effort in the United States and Great Britain was limitless. People often say that there always seems to be money available to fight wars. Of course there is, because the bankers who control the world economic system want those wars. They do not want people well-housed with full bellies and a proper education because then they would be much harder to control. It was not the much hyped 'New Deal' policies of Franklin Roosevelt which ended the 30's depression, it was the banks putting money back into circulation to finance the war they were creating. Here is a reality of life on Earth:

There is no need for anyone to be cold, hungry, homeless or in poverty. All these things are casued by the lack of pieces of paper and electronic numbers called money circulation in the world and by the charging of interst on them. We could change that today if the diesire was there.