Everything you wanted or needed to know about how our Federal Reserve and fractional banking creates inflation and debases our currency. I like this video because the only HONEST, GENUINE, PATRIOTIC politician in the congress speaks at about the 6:30 mark. Americans, your money is being stolen from you via the hidden tax of inflation. These trillions of dollars in bailouts are going to lead to many, many trillions more dollars in the money supply. We will pay more for everything, and the government has basically guaranteed the demise of the dollar. It’s time to wake up people and put and end to this mess. No more voting for these republicrats who have put us in this mess. Think for yourselves and stop being a slave to the government, the Wall Street Mafia, and their media. Take care and God Bless. Peace. CJ in California
Fractional Banking and the Federal Reserve System Explained!
Posted by admin on May 10th, 2010
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@LoiteringWithIntent BY “paid off” I mean to have no debt but still have money in circulation. SO all money is owed back to the bank, so in essence the only way the bank can control people is to make them believe that value is in paper money. To keep everyone owing. Taking it to a fatal conclusion; there wouldnt be any money in circulation if there wasn’t debt UNLESS, value originated from somewhere other than the Fed. So money is the greatest con ever contrived to enslave people.
Wait a fucking second. So initially the gov “borrowed” money (which did not exist) from the fed. BUT since its “borrowed” from the bank, and it has to be payed back, its a debt by nature because no money existed in the first place except that which the fed printed and therefore loaned to the gov. Now ONLY the fed prints money… so doenst that mean that all money is just debt paying off itself i.e. the fed is being payed back with its own money. Therefore the debt cannot ever be payed off.
@ed60000 the population has grown 250% mind you. still fxxked tho, and your example is poor in helping, the importnat part of this the difference a nickle in 1913 bought you way more than a dollar in 2010.
@disciple90633 you guys are all telling the truth yet are all full of shit. Get over it, its gonna happen. And when It does you will look real smart. thats it. These guys arent gonna budge. They will roll over you, and every other guy with a protest sign or slogan. Revolt or shut up….fuck sakes. we both know you wont revolt
Mike Huether running for Sioux Falls Mayor was the head of First Premiere Bank. This is the system he made his career out of. I hope people don’t vote for this monster but unfortunately this is way over their heads.
@gwapindust
ha ha ha… How can the bank have your brothers $1000 if it just gave it to him!
If your brothers friend gives him 1 apple and your brother gives it to you… and you give it back to your brothers friend. How many apples does your brothers friend have???
Without Fed you would have lost your money to inflation over and over again. Or your bank would simply not give it to you because it wouldn’t hold the reserve required by Fed!
All I can say educate your self before making any assumptions.
It is a free country and we have a freedom of speech but don’t believe every one who has something to say!
Stupid video! What kind of idiot would take a 10 mil loan from a bank and place it in his checking account to sit there so that his bank can loan it to another idiot who will take out a loan and put it in his checking account??? WTF?!
you guys should do some simple economics reading… read about Fed and what it’s role is before you believe what this video is telling you! It looks at only one little fraction of the whole process but it doesn’t explain why it is being done.
where is the gold or silver to back it up?
does anyone else notice that this is completely ripped from zeitgeist? lol its still awesome
Rename the Federal Reserve System, and all member banks, as Fractional Reserve System, and Fractional Reserve Bank of New York, etc. This would be a better fit for what these banks actually do, legalized counterfieting, but in violation of the US Constitution.
Nice!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@specter290 it’s called inflation – your $1 is worth about 5 cents in 1913
hey great video.. love it..
i do have a question though… what happens if the goverment is running a budget surplus??? does the amount of surplus becomes the banks reserves ???
and also.. what is the difference between ‘federal reserve notes’ and just legal tender (us dollars) ???
thanks again heaps!
Everyone read that? and comprehend?
None are more hopelessly ENSLAVED than those who FALSELY believe they are free.
These people want our money, and they want us to be in debt. They want people to be spinning circles saying holy shit my house my kids my car my job… Because people in debt are desperate and not concerned with government policy or learning how they’re being fucked. And speaking of learning education is considered a dangerous thing because educated people are much harder to control so they hammer “everyone is free in this country” bullshit into kids’ heads. I’m done but I could go on for days.
The Fed, “defense” manufacturers, oil corporations and many other entities and have motives to want to go to war, and to make us want to go to war. And that of course is, say it with me now, MONEY! We borrow the money from the Fed to fund the war, we then give that money to the weapons manufacturers and the oil companies and our friends and loved ones go off to die so a bunch of people can get rich or more rich. It’s going to take a large, probably violent, revolution to take back this country.
Look up JFK’s Executive Order 11110, which would have ended the fed. He was going to have money printed using the U.S. silver supply to back it. But of course he was assassinated. (by crazy lone nut Lee Harvey Oswald i’m sure) After that, the fed remained, Johnson deepened the Vietnam War using the Gulf of Tonkin Indecent…I mean Incident & Tricky Dick took it even further. Now the rich megalomaniacs running this country using the same false-flag playbook struck again by orchestrating 9/11.
This is one of the main roots of the standard practice of corruption in this country. We’re merely the plebeian mob that has to be kept in check and, once in a while, appeased so we don’t go apeshit and actually take back our country. We don’t even need the fed. We could just as easily print our own money, and the excuse is of “you want the incompetent government to handle the money supply?”. It may be corrupt but at least we somewhat control it.
yeah same guy
Yes, his name is Peter Joseph and he is open about who he is. He organized “Z-Day” in NYC this past spring (and all over the world; google it). He was also on the Alex Jones show last year, if you read/ listen to Infowars, but Alex over-reacted and nearly ruined the show.
By all means forward this link to people on your email list and be independent about it (not pushy), we all need to slowly get the hamsters churning on those wheels upstairs
Yeah I just watched Addendum last night and realized this came from it. Really interesting movie (or documentary?). Does the guy who narrates and develops these movies identify himself? Because I can’t find his name anywhere, however it doesn’t surprise me since you would want anonymity for controversial subjects and claims like this. (he’s right though)
yes, he is the creator of both. i believe this is a clip form Zeitgeist II: Addendum.
Is that the same guy who narrated Zeitgeist?
ok i’ll watch it but that’s what i’m asking… If you say “bank issues a check –just another piece of paper”… that check has to goto someone’s account. Or when you buy a house, they have to pay the homeowner the money in their account… where did they get that money from? It has to come from the feds that these banks borrow with interest to do business… correct?