Series 1934 .. Portrait of Woodrow Wilson. The $100,000 Gold
Certificate was used solely for 'official' transactions between
Federal Reserve Banks. It was not used for public circulation.

On the night of December 23, 1913 the United States Congress passed the Federal Reserve Act and thereby committed the greatest act of TREASON in history. It surrendered this nation's sovereignty and sold the American people into slavery to a cabal of arch-charlatan international bankers who proceeded to plunder, bankrupt, and conquer this nation with a money swindle.

The "money" the banks issue is merely bookkeeping entries. It cost them nothing and is not backed by their wealth, efforts, property, or risk. It is not redeemable except in more debt paper. The Federal Reserve Act forced us to pay compound interest on thin air. We now use worthless "notes" backed by our own credit that we cannot own and are made subject to compelled performance for the "privilege".

From 1913 until 1933, the United States paid the "interest" with more and more gold. The structured inevitability soon transpired: the Treasury was empty, the debt was greater than ever, and the United States declared bankruptcy. In exchange for using notes belonging to bankers who create them out of nothing on our own credit, we are forced to repay in substance (labor, property, land, businesses, resources - life) in ever-increasing amounts. This may be the greatest heist and fraud of all time.

When a government goes bankrupt, it loses its sovereignty. In 1933 the United States declared bankruptcy, as expressed in Roosevelt's Executive Orders 6073, 6102, 6111, and 6260, House Joint Resolution 192 of June 5, 1933, confirmed in Perry v. United States, (1935) 294 U.S. 330-381, 79 L.ed 912, as well as 31 USC 5112, 5119, and 12 USC 95A.

The bankrupt United States went into receivership, reorganized in favor of 115 creditors and new owners. In 1913, Congress turned over America... lock, stock and barrel to a handful of criminals whose avowed intent from the beginning was to plunder, bankrupt, conquer, and enslave the people of the United States of America and eliminate this nation from the face of the earth. The goal was, and is, to absorb America into a one-world private commercial government, a "New World Order."

With the Erie R.R. v Tompkins case of 1938, the Supreme Court confirmed their success. We are now in an international private commercial jurisdiction in colorable admiralty-maritime under the Law Merchant. We have been conned and betrayed out of our sovereignty, rights, property, freedom, common law, Article III Courts and our Republic. The Bill of Rights has been statutized into "civil rights" in commerce.

America has been stolen. We have been made slaves, i.e. permanent debtors, bankrupt, in legal incapacity, rendered commercial "persons," "residents," and corporate franchisees known as "citizens of the United States" under the so-called "14th Amendment." Said "Amendment," which was never ratified (see Congressional Record, June 13, 1967; Dyett v. Turner, (1968) 439 P2d 266, 267; State v. Phillips, 1975 affirmed) created a citizenship for corporations, abstract statutory entities which are the products and definitions of the legislature and are fully taxable and regulable thereby. Thomas Jefferson's prophecy has come to pass: "If the American people ever allow private banks to control the issue of currency... the banks... will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered."

Since 1933, what is called the "United States Government" is a privately owned corporation of the Federal Reserve/IMF. It is merely an instrument whereby the banksters administer their ongoing subjugation and plunder of what was once considered "the last great hope of human freedom." All "public servants," officials, Congressmen, politicians, judges, attorneys, law enforcement officers, States and their various agencies, etc., are the express agents of these foreign principals - see Foreign Agents Registration Act of 1938; 22 USC 286 et seq, 263A, 185G, 267J, 611(C) (ii) & (iii); Treasury Delegation Order #91 - who have stolen the country by clever, intentional, and unrelenting fraud, trickery, treachery, non-disclosure, misrepresentation, intrigue, coercion, conspiracy, murder (example: the murder of President John F. Kennedy and the continuing cover-up), etc.

More and more people are awakening to the truth. What do you think the American people will do as they discover that they have no more country, that they are slaves to mortal enemies, that they have been tricked and betrayed by their "leaders" who sold them out? What do you think they will do when they realize that all their alleged "public servants" are willing or stupidly compliant parties to the plunder, bankruptcy, subjugation, and ruin of their lives and country?

We have been deceived in many areas. As you study this information, you will soon learn that many of the things you have always assumed to be true, were in fact, a lie. The control of money is a subject that one needs to grasp in order to understand just how real the conspiracy to create a 'one-world totalitarian socialist government' is, for without the international financiers creating, regulating and manipulating the money supply, they would have no power.

Everything you see discussed and taught by economists, universities and other so-called "experts" in the field in regards to the monetary system is only related to the effects, not the causes. **Where money actually comes from** is never discussed, or if it is, glossed over, so that you do not ask any questions. If it seems difficult to grasp, that's because they have purposely made it very complicated to understand how their international scam works. Continue reading to find out why these criminal "banksters" do not want you to fully understand the true function of our currency system.

In the United States, ALL currency is controlled by the Federal Reserve Banking (FRB) System. Here is the MOST IMPORTANT ASPECT of this article that you need to grasp in order to understand the extensive network of monetary deception that has cunningly infiltrated this country - as well as the rest of the world:

The Federal Reserve Bank is NOT 'federal', is NOT a 'reserve' and is NOT a 'bank'. It is a PRIVATELY OWNED corporation. The "Federal" name was selected by globalists to intentionally deceive the public and give it an air of respectability. The Federal Reserve is NOT part of the government. If it were, we would have NO national debt. We CANNOT owe money to ourselves!! Think about that concept for a few minutes.

The Federal Reserve Bank is a Privately Owned banking system fraudulently chartered by Congress in 1913. They have almost nothing in reserve, loan out far more than they have and keep only a small amount of currency in their account to cover the day's transactions. After 1913, the first Federal Reserve Notes were released into public circulation by the international banksters who created them.



In 1928 alone, the Federal Reserve Bank made loans (of the "gold-backed" dollar) to member banks in an amount that was SIX times the known gold supply of the world! Since 1933, when "Illuminist appointed" presidential puppet Franklin Delano Roosevelt (or FDR - whom many deluded Americans still admire to this day!) banned gold as a medium of exchange (to prevent the imminent run on the banks), there has been almost no substance to our national economy.

However, Federal Reserve notes were still redeemable in Gold outside the United States of America and the same Federal Reserve notes were still redeemable in *Silver* upon demand within the United States.

Franklin Delano Roosevelt - Illuminist, Traitor

In 1933, Franklin Delano Roosevelt canceled (or repudiated) the Redemption of Federal Reserve Notes in gold within the United States of America and forbid the private ownership of Gold coins or bullion by Citizens, "under penalty of fine and/or imprisonment". So the responsible, (?) "law-abiding" (?) Citizens turned in their Gold to the U.S. Treasury, which promptly used that real Money to pay their Federal debts!


Federal Reserve Note That Is "Redeemable In Gold"

Payable To The Bearer On Demand "IN GOLD COIN"

Federal Reserve Note That Is "Redeemable In Gold On Deman", dated 1928

Redeemable In Gold On Demand At The United States Treasury

1 Troy Ounce Gold Coin

When the USA "went off the Silver Standard" in 1965, the Government again repudiated (canceled) the Redemption of Federal Reserve Notes in silver coin (the last Lawful Money) and repudiated the Lawful Money itself!

Silver Kennedy Half Dollar

Federal Reserve Note "Redeemable in Silver", dated 1935

"Payable in Silver" To The Bearer On Demand

To be valid, all Promissory Notes must be in writing and have these specific elements:

1. Recipient [the payee]
2. Definite sum of money
3. Promise to pay
4. Date when such payment is due and payable
5. Signature of the Promissory Note maker [the payor]

A "dollar note", backed by silver, issued by a bank or the government (payor) pays to the bearer (payee), an amount of gold or silver (something to be paid), "on demand" (a time when it will be paid).

We now had Federal Reserve Notes which are Redeemable only in other Federal Reserve Notes, and "token" coinage, having little intrinsic worth, which is not redeemable in anything. That is, we have a "Note" which does not "Promise" anything, is not "Redeemable On Demand" in anything of intrinsic value, and which has been deemed to be "Legal Tender", but which is not and can never be "Lawful Money" of the United States of America. Legally, such currency is called "Fiat Money". Popularly, such fake currency is called worthless or "funny" money.

"Non-Redeemable" Federal Reserve Note

So exactly what "Obligation" supposedly attaches to such a "Note" or to the use of such a "Note"? I believe that since no obligation [of redemption] any longer attaches to the purported Issuer [the Federal Reserve Banks] or the purported co-signers [the Treasurer of the United States and the Secretary of the Treasury] of such an instrument, no greater obligation could possibly attach to the first, nor any subsequent, holder or user of such a "Note".

If it costs only 3 to 4 cents to make such a "Note" (no matter what the actual "face value" of the denomination), isn't that production cost the only real intrinsic worth of the "Note"?

There used to be a statute in the UNITED STATES CODE which made it illegal to counterfeit United States coin or currency. Now that same statute makes it illegal to illegally counterfeit United States coin or currency. I guess 'legal counterfeits' are acceptable to Congress these days, since they conspired with the Federal Reserve Bank to destroy all of our "lawful" money!

Modern "Non-Redeemable" Federal Reserve Note

In other words, "every" Federal Reserve Bank purporting to issue these "Notes" as money to its member banks and every bank issuing them to its customers as money is legally insolvent, because they cannot ever redeem a single such "Note" in Lawful Money of the United States of America. Further, they are also willfully committing fraud upon their customers, because they know that they cannot redeem those "Notes", even if their customers do not know!

Money Can Be Classified Into Three Categories:

1. "Commodity" Money - money that has "intrinsic value in and of itself", such as a gold or silver coin. Commodity money has been used throughout most of the world's history and has been very successful.

2. "Promissory" Money - a "promise" (hence the word promissory) to pay in Commodity money. An example of Promissory money would be a note that is backed by gold or silver reserves in a bank. The note is "a promise to pay in Commodity money." It therefore represents something of "real" value. The "promise" is backed by a commodity. Fairly simple concept to grasp.

3. "Fiat" Money - money which is backed by NOTHING! Fiat Money is created out of thin air and the only reason people accept it is because of *FAITH*. Fiat Money is the money we have throughout the world today. Another important point to remember is that in ALL of recorded history, Fiat Money has ALWAYS collapsed and there has not been even one exception! Why? Fiat Money can be manipulated very easily by those who are involved in its creation and distribution.

The Federal Reserve Bank loans out what is known as "Fiat" Money. Fiat Money has no *INTRINSIC* VALUE. In simpler terms, that means Fiat Money is completely worthless.

Today we trade copper-coated tokens, pieces of paper, and computer entries with one another. The *value* of money is all in people's heads (FAITH). The population has been brainwashed through indoctrination via the sleazy media press-titutes to never question the monetary system. Are you starting to see how controlling the information you receive, controls what and how you think about and perceive everything?

The Federal Reserve buys notes from the United States Treasury at printing cost and then loans them to the United States Government. In exchange, the government gives the Federal Reserve a government bond, which is really a fancy name for an I.O.U. slip! Often the Federal Reserve does not even have money printed. The money is simply created in a computer and is "checkbook" money. This money has no real value at all.

Furthermore, the Federal Reserve then uses the government bonds it received from the U.S. government as an asset (they count it as a reserve) and is thus able to loan to the commercial sector as well. The loans are backed by the government promise to pay the Federal Reserve. Remember, all this money has been created out of thin air and is thus backed by nothing, and furthermore, it is created as a DEBT!

The United States used to be on the gold standard, then it went to the silver standard. Now it exists on the paper standard?! Total debasement. Do you see something terribly wrong here? I certainly hope so!

Every single dollar in circulation represents a debt, because it was first *loaned* into circulation. All money is originally created out of nothing and then loaned. This is a fact! Debt Fiat Currency is much worse than non-debt Fiat currency, simply because the debt currency "enslaves" that nation. The people are the "guarantors".

Try to comprehend this - ALL money in circulation is "debt" currency, which means that every single day, every single dollar in circulation is earning compounded interest. Very few people truly understand this and the vast majority of people simply do not want to hear or think about it. The result is that the national debt can NEVER be repaid, for if the debt were to be repaid as best as possible, THERE WOULD BE NO MONEY IN CIRCULATION! The second reason is the debt can never be repaid, because the "interest" on the debt was never created in the first place. It doesn't exist!

This interest comes out of things of REAL VALUE. This is the situation of every single nation on the planet today!! When politicians talk about the national debt being "in control," they are blatantly lying to you! They use phrases like "monetizing the debt", which you don't understand, but it sounds good, right?

'Monetizing the debt', the grandest of larcenies, is a sophisticated economics term frequently used by globalist elites to obfuscate the process of the US government borrowing more money from the Federal Reserve to keep up with escalating interest payments on falsely created debt. Of course the government will never be able to repay this supposed 'debt' due to the sinister process of how it was created in the first place!

Think about this. The money that you use is nothing more than pieces of paper or computer entries which came into existence because they were "borrowed". Now this money, in and of itself, has no real commodity value of its own, yet interest is collected for its use. In essence, what has happened is a "third party" (the International Financiers) has been brought into every transaction made and collects a part of every transaction, simply because we are using their currency! In a feudalistic society, this is called a "tribute." In the real world today, it is called extortion!

International financiers loan us their worthless money at no cost to themselves, since they created the currency. Then they expect that money to be paid back with the addition of interest? I hope that you understand the core issue I am describing here. Our entire monetary system that is currently in place, the vast financial network that we Americans put our unwavering faith and belief in, is carefully crafted contract fraud!

If you take the time to study this in depth, you will come to the realization that ALL of the wars throughout banking history have been used to create government debt. This is a vast subject on its own. Suffice it to say that practically all conflicts in recent history have been intentionally manipulated to bring about more power and influence to the global elite. The elite have a great deal of blood on their hands, as they often finance *BOTH* sides.

When a monetary system self-destructs, the goods and services are not destroyed. They are merely transferred to those who are informed. The coming planned world economic collapse will achieve two primary objectives. First, it will "completely destroy the middle class". Second, it will "transfer the wealth lost" to those who are bringing about the collapse (i.e. the global elite). The complete destruction of the middle class is essential for the establishment of a socialist system. Socialism has two classes - the rich (those in control) and the poor (slaves who work for them).

This collapse is spreading, due to the fact that nations of the world over the past twenty years have become "interdependent" on each other. The collapse is intentional and is not a result of the so-called "business cycle." Those who have awakened and converted a fair proportion of their paper assets into tangible assets such as gold, silver coins, and food (as you cannot eat gold or silver!) will be in a much better situation than those who will be caught totally by surprise. If you are in any form of debt right now, I strongly advise you to GET OUT OF IT, even if it means selling your house to pay off the mortgage! Those in debt are slaves, as they have to secede to the dictates of the lenders. The lure of easy credit in the present system has encouraged millions of people to sink far into debt.

Here is another fact you probably did not know - banks are LEGALLY ALLOWED to loan out more than they have in reserve (Fiat reserves in reality). This process is called "Fractional Reserve Banking." Yet another sophisticated business title, right? Basically, a percentile limit is put on the bank and it works like this - if a bank has a percentile fractional reserve banking limit of 10 percent, it is able to loan out 90% of any deposit. Legally they have to hold 10% in reserve. The problem though is that each time the bank loans 90%, it does not loan cash. That bank merely puts the 90% into someone's account, then COUNTS THE LOANED AMOUNT AS YET ANOTHER ASSET (or "reserve")!!

Then they loan 90% of the 90% that they just loaned to someone else, and so on and so forth. Banks can legally loan out what they do not intrinsically have. If the person chooses to withdraw their money, it usually ends up in another bank, and the process just repeats itself from there. I hope you are starting to see something very wrong with this method! I also hope that you take the time to look this up this information, as you will discover that all of it is true!

"Fractional Reserve Banking" has its origins in medieval Europe, with the gold and silver merchants. People would deposit their gold and silver coins for safe-keeping with these merchants, for a small fee. The merchants soon became aware that many people were trading in the receipts (promissory money) which they issued to depositors. The merchants soon began to write out extra receipts and loan them at interest to people. This in turn caused inflation, as the purchasing power of people's receipts was lessened. When many people awakened and demanded their gold and silver coins, the merchants were not able to cover their liabilities and thus went out of business. Today we have the same system, but the money elite are protected by the political elite.

The taxes that you pay to the Internal Revenue Service (IRS), which you think are going directly to the government, are not going to the government at all. You have been deceived. The IRS is a PRIVATE corporation that is in business solely to collect debts for the *international* banksters who created their worthless 'Fiat' currency.

The entire monetary system is a massive scam! It is contract fraud! It is the theft of your wealth through deception. Step by step, the international financiers and the sleazy banksters who represent them, are gaining ownership of our real assets as 'collateral' for their fake debt interest. The assets are not directly acquired by the Federal Reserve. Wealth is accrued through the continual process of inflation, which is the end result of the flooding of the economy with more and more worthless "Fiat" Money. Inflation is in reality a "hidden" tax.

If you look carefully at your tax return, you will see that it specifies .. "Pay OBLIG to FRB." What this means is that you are paying the United States obligation to the Federal Reserve Bank (FRB). The money that is received is quickly taken out of circulation to prevent rampant inflation, which would occur due to yet more worthless money being created. The elite control the FLOW of currency and make billions from it.

This system ensures that the wealth is slowly transferred from the middle class to the upper class. How? Now, pay close attention. When the government finds itself with a budget deficit (which is basically always the case) it needs more money to cover costs.

The government then "borrows" this money from the central bank. This money is created out of nothing and thus the extra money in the economy leads to inflation, because the supply of money exceeds the available goods and services. The thing to pay attention to though, is that when the money first enters the economy, the economy does not react immediately by raising the prices of goods and services.

There is a delay, as the people do not yet realize that there is more money in the system. Because of this, the government is able to spend this new money by paying the old prices. Those closest to the bureaucracy do very well. By the time the money filters down to everyone else, the public has reacted to the inflated economy and thus the public has to pay more for everything. It is a very subtle way to transfer wealth and it has been working very well for the global elite.

When a person makes something and sells it, it increases the value of the money in supply, because the goods and/or services increases. When "Fiat" Money enters the system, that person loses a little bit of their wealth. A basic understanding of these processes is important to grasp in order to gain an accurate perspective on reality.

It is an incredible scenario indeed, but sadly, it is true! When you try to explain this to people, you will find that very few will listen to you, or dismiss what you say as the rantings of a lunatic.

The International Financiers and the politicians continue these processes and the nations involved get deeper and deeper into debt - and there is NO way out of it, because the interest was never created. The interest comes out of YOU! Then, when a nation gets into trouble, along comes the "International Monetary Fund" and the World Bank to "LOAN" more money, so that the nation in question can keep up with their interest re-payments. Remember a "tribute" would be a more accurate term than "interest", because nothing of value was actually loaned. It is all psychological.

These International Financiers are the greatest and most successful criminals ever to walk the face of the Earth and many politicians are aware of this system, yet they do not say or do anything about it, because they are more worried about their paychecks and career, so they have sold their nations out. They are traitors in every sense of the word! Hard words - but true nonetheless.

Compare a $100 dollar bill or a $1000 dollar bill and ask yourself why is the $1000 dollar bill worth more? Also, why is the $1000 dollar bill worth $1,000? Isn't it solely because people "believe" that it is worth something? Think about it.





Now there is so much more to learn than this and I suggest that you also study monetary history, so you can understand how we got to where we are at present.

Learn about the economic treaties which fall under the "Global Agreement on Trade and Tariffs" (GATT), like the "North American Free Trade Agreement" (NAFTA), "Asia Pacific Economic Cooperation" (APEC), and "European Union" (EU).

These treaties and tariffs have been designed to "lower the standard of living" in the developed nations, via a transfer of wealth (this is exactly what has been happening. You think it is an accident?). With these treaties, world governments remove tariffs and trade protections, thus forcing small business to compete on equal terms with transnational corporations. They have a nice word for this too - they call it "economic rationalism." There is nothing rational about it, unless you want to transfer industry to large corporations and lower the standard of living in developed nations.

Economic rationalism is based on a free market working in laissez-faire (free enterprise) society. Free market economics worked when all business was small and contained within national borders. When corporations arose in the mid-to- -late-1800's and soon became recognized as a "corporate personality," corporations gained the ability to control the "market price" of a commodity. This violated the rules and conditions of genuine free market economics.

A corporation is able to sustain a loss in an area to drive out competitors, but can remain viable because of profits made in another area. The mixed economy was introduced by governments to combat this and it worked very well. Economic rationalism totally ignores these factors and has thus insured the scenario which has developed in the world today. The name "economic rationalism" is in itself a clever use of words which do not mean what people think they do and thus is another example of yet more "mind control."

To further understand how this both ensures the destruction of small business, high living standards and the environment, it is important to note that a transnational corporation with a factory situated in Asia does not have the same health and safety regulations, or the same expenses in wages or environmental regulations to submit to, as a small business, who produces the same goods located in Australia.

Transnational corporations can pack up and move shop whenever required, while a small business cannot do this. Transnational corporations also have the ability to control the market price and thus are able to destroy small businesses. What we have is big business and government working hand in hand. This is defined as CORPORATE FASCISM, even though the government will not tell you this is the definition. It happened in Germany with Hitler and now it is happening again in the United States, except it is on a much larger scale than that - a worldwide scale!

Our so called representatives sell us these economic treaties, by claiming they will offer increased competition and thus a better product with a cheaper price. Has this actually happened? NO, it has not! We have been lied to! Small business is in trouble, unemployment grows and an oligarchy has been created. But the average person continues to buy into these lies and the same people believe that all this is happening by accident. Sit back, THINK, and look at what HAS happened, and IS happening. Can you really believe that all of these things, which result in the International Financiers and the owners of transnational corporations obtaining more political power and wealth, occurred by accident?

Privatization is also another one of those nice sounding concepts which the people are buying into. Under privatization, a nation sells off its publicly owned assets and services. The result is that the control of these assets and services ends up in the hands of internationalists.

What we are witnessing is the greatest transfer of wealth to have ever been undertaken in the history of this world. The wealth is not being transferred among common people, but exclusively into the hands of the criminal global elite, who have set up this contract fraud.

Now with regards to the political leaders who are meant to represent the people who live in their nations ("democratic" nations), look up the definition of the word TREASON in your dictionary and remember what you read.

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