The American Banking system is nothing more than a Ponzi scheme. The architect of the scheme is a private corporation named The Federal Reserve.
The SVB and Signature bank failures last week made US citizens cognizant of the fact that their money isn’t so safe in US banking institutions.
The FDIC only insures US depositors up to $250,000. If you have account values over that amount, you are always at risk of losing said funds.
On Sunday evening, the US Federal Reserve made an emergency decision to back the losses of all depositors above and beyond $250,000. Wasn’t that nice of them?
What that means moving forward is that the FDIC will now insure all depositors’ accounts fully. The $250,000 insurance limit is gone!
The Federal Reserve had no choice in the matter whatsoever. If it had not acted as it did on Sunday evening, there would have been a run on all US banks and the Ponzi scheme would have collapsed.
Where did the Federal Reserve get all this money to bail out SVB and Signature bank? Where did the Fed get the money to insure every US bank depositor above and beyond $250,000?
The Fed accomplished this magic trick the same way it has accomplished prior sleight-of-hand performances; it created money out of thin air backed by nothing but a promise that the currency is authentic and supported by the corrupt system.
If you or I didn’t have enough money in a bank account to cover monthly expenses, we’d be out of luck. If we wrote checks to pay bills and had zero dollars to cover those checks, we’d be thrown in jail.
The same banking rules that apply to you and I do not apply to the Fed. If the Fed needs more money to patch up its Ponzi scheme, it just creates more dollars out of thin air and dumps those new dollars into the system. Every time the Fed pumps newly created dollars into the system, it creates more inflation that makes the dollars you and I have already earned less valuable.
The Federal Reserve should begin cutting interest rates soon. The Ponzi scheme can’t handle the current high-interest rates that were raised to fight inflation.
The US banking system is a ticking time bomb and when the Fed finally runs out of magic tricks, it is not going to be a happy ending for bank customers.
This post is a follow-up to my previous article about Jekyll Island.
I had an opportunity to speak with a few hotel employees at the Jekyll Island Club Resort this past weekend who knew all about the secret meeting that took place on the property in November 1910.
The meeting was attended by the biggest and most prominent banking leaders in the world. They designed and laid out the plans for the creation of a private corporation that would control the US banking system from that point forward.
In 1913, the plan became a reality (The Federal Reserve Act). The vote was conducted on December 23rd when many government leaders were away on holiday.
In 1994, George Edward Griffin wrote a book about the secret meeting at Jekyll Island, and the players involved. His writings discuss how a private corporation owned and operated by wealthy elitists was created and given a name that made the American people believe it was a federal organization which it is not.
The Federal Reserve, the corporation that was designed at Jekyll Island, Georgia, paved the way for what became a full-fledged Ponzi scheme that operates a fiat currency system issuing federal reserve notes in a fractional reserve banking system. It is the reason why we have a continuously declining American dollar and nonstop inflation.
There is no conspiracy theory concerning Jekyll Island and the creation of The Federal Reserve, in my opinion. It happened! The meeting was secret and the creation of the private corporation that controls the American dollar occurred outside of the proper parameters of government legislation.
When people tell the truth about illegal happenings concerning any subjects, they are often painted as conspiracy theorists and labeled as dangerous.
Such people are dangerous because they can reveal the truth about important subjects. The truth represents a significant danger to the criminals controlling society’s perception of the world.
The biographical information about George Edward Griffin published on Wikipedia paints him as a nutcase. The technique used by Wikipedia is one of the ways the controlling powers attempt to marginalize and control dissenting opinions coming from truth-tellers.
With your help and continued support, we can wake up the world. Pre-order the Target List movie and invite your friends and family over to a watch party the weekend of December 16th — December 18th.
Our Vimeo VIP Release of Target List is available worldwide, so no matter where you reside, you can watch this incredible movie.
Take a screenshot of your Target List rental receipt from Vimeo and send it to firstname.lastname@example.org and be entered into a drawing to win either an autographed copy of the official movie poster or screenplay.
hours minutes seconds
THE VIP RELEASE
Special Viewing of the Film!
Pre-order now — Watch December 16th!
A Message from Mad Wife Productions!
Mad Wife Productions is excited to announce a special “VIP Friends and Family” showing of our highly anticipated feature movie “Target List”!
Here is how to watch the film months before it’s on iTunes, Amazon, and other major streamers while also supporting us! Click on the pre-order button in the image above to access VIMEO where you can quickly sign in with a Google account and Pre-Order the film.
You will not be charged for the Pre-Order until the movie launches December 16th at which point you will be able to watch it as many times as you’d like for 72 hours.
Here is our goal with this special viewing:
First, we are so excited and want to share it with everyone during the holiday season.
Second, the funds raised from your rental will help us fund the massive marketing budget we need to get this movie seen by the world.
Any donations to help us market the movie are greatly appreciated!
Americans want to blame inflation on everything under the sun except the real reason it occurs.
Inflation (the decreased buying power of dollars, or the increased cost of goods and services) is caused by the Federal Reserve System’s printing of currency not backed by precious metals.
Every time another dollar is printed by the Fed, it decreases the value of the other dollars already in circulation.
American cash used to be as good as gold. Do you know why? Because American dollars used to be backed by silver and gold stored in a government vault.
The serial numbers printed on US currency years ago identified the precious metals backing the currency.
After the Federal Reserve came into existence, the gold-backed currency was removed and replaced by monetary notes/loans. The serial numbers on US dollars today represent promises by the government to back the value of the money.
When the dollar was backed by precious metals, there was no inflation. The government couldn’t print more money than it had in gold and silver.
In today’s world, the U.S. government can print as much money as it wants. This is called a fiat currency system. In a fiat currency system, the money is not backed by anything of substance. It’s a Ponzi scheme that is legal for banks to run because the Federal Reserve System says it’s legal.
If you or I printed money and distributed it to society, the authorities would throw us in jail. The Federal Reserve System does this practice every day.
Fractional Reserve Lending
Have you ever heard of the words Fractional Reserve Lending? You would be surprised to know how many Americans never learned about this subject in school.
For every dollar a person deposits into a US bank, the bank can create ten dollars out of thin air, and lend those dollars to bank customers. This is outright fraud, yet it is legal for banks to do.
Most of the dollars people believe they have in bank accounts don’t exist. The banks don’t have enough dollars in their inventory to satisfy the accounts of all their customers. If more than a few people went to a bank and asked to have all their dollars withdrawn, the bank would have to close its doors or deny the withdrawal requests.
There is absolutely nothing normal about the current economic crisis. The economic problems we are presently observing are not the result of normal cycles or peaks and valleys within a healthy global or national economy. The situation that has surrounded us, and threatens to forever change our way of existence, is the result of a very well contrived plan that has been put into action by a ruthless and very calculating group of elitists that manage the world economic picture from the top down.
A large number of business men and women are presently hurting from the recession/depression. The unfriendly economic climate and the hurt being felt by many people are likely to get a lot worse in the months and years that follow unless the leaders of our country and around the world implement real strategies that will provide us with critical adaptive measures to counteract a rapidly changing global economy. I do not know about you but I am not very confident that government leaders are going to come to our rescue. In fact, I expect the exact opposite to occur. I see government playing the same role that it has played all along. That course of action has allowed the current global economic problems to develop into a state of crisis.
The elite’s plan is progressing pretty much as it was designed and the politicians, those that are aware of the conspiracies taking place and even those who are unaware of them, are the great enablers of our time ultimately allowing the current unhealthy, economic conditions to remain in place.
Any smart business person will tell you that one of the keys to becoming successful within a given business structure is to manage your finances correctly. While it might be important to take calculated risks from time to time in order to become profitable down the road, it must also be understood that every business risk warrants a certain amount of analysis or consideration to determine if the actual risk is worth a possible reward. In other words, you sometimes have to spend money to make money however; you better make sure that you spend the money wisely.
If you or I make a bad business decision we ultimately must pay the price for our error in judgment. Whatever that price might happen to be, we have to suck it up and adapt to the problem we created. This type of accountability keeps us honest and it gives us a good reason to be prudent when making any future business decisions that might affect the viability of our respective businesses.
Debt is the real enemy and a state of slavery is created for those people or entities that are constantly immersed in unmanageable debt. The United States and the other countries that make up the world’s economy run on a system of constantly increasing debt. The problem, as I see it, is that our country is loaded with unmanageable debt and that the amount of debt keeps growing every minute of every day. Our country is a slave to debt (the Federal Reserve System) and so is every citizen in America.
A few years ago, some of us became very excited about the “stimulus packages” the U.S. government implemented in an attempt to help our nation’s economy. On the surface, these strategies may have looked like they were helpful. In reality, they were driving the finishing nails into our country’s financial coffin. The dollars that were created by the Federal Reserve System and then placed into circulation were literally created out of thin air. They were not backed by anything of substance. These funds were immediately assigned to our national debt and they became a liability for U.S. citizens the same day they were printed.
The rationale behind the stimulus concept was that some companies in America were perceived as icons and deemed “too big to fail.” In other words, they had to be rescued by the government because the damage that would have resulted if such companies collapsed would have been extremely detrimental to the health and morale of the United States.
If we look at the concept that a business is “too big to fail” strictly from a small business person’s point of view, it is easy to see that this philosophy is quite flawed. A small business that is no longer profitable and continues to lose various amounts of money is commonly redefined as a hobby. A smart business person will usually shut down a business once it is no longer profitable. In my opinion, the same philosophy should have been used by our government when it addressed the large companies that had been designated as being “too big to fail.”
The decision to continuously reward failing companies with bail out money was a poor decision on the part of our government. In true capitalistic fashion, a company that has made poor business decisions should be held accountable for such decisions and should ultimately have to deal with the consequences originating from their actions. The size of the company is irrelevant when it comes to philosophical business principles. Companies that continue to make bad business decisions will sooner than later be out of business. If the United States did not have the ability to print an unlimited amount of fiat money it would have been out of business years ago. The fact that it can continue to print an unlimited supply of money means that the rate of inflation in the United States will become even more unbearable for its citizens than it already has become.
If the leaders of our country wanted to truly fix the economy, they would have to make two fundamental changes to a system that has been designed to enslave the masses. The first item of business that should be enacted is to allow open competition in currencies such as with gold and silver (the precious metals). Congressman Ron Paul has made this argument for a long time and his reasoning behind the argument is quite sound.
Once gold and silver were allowed to be sold and used as a legal currency, the Federal Reserve System would be forced into halting the inflation of our dollar. The elimination of fiat money (currency printed on demand and essentially backed by nothing of substance) should be the second item of business to be addressed. This could ultimately be accomplished if Congress would have the guts to pass a resolution calling for the abolishment of the Federal Reserve Act.
If we truly have a desire to restore balance in our economy and create a currency that is not constantly subjected to extraordinary inflation we will need for America to be placed back on the gold standard so that our money is backed by something of substance. The current system is corrupt and allows for hyper inflated dollars to be created out of thin air by a group of elite overseers. Implement these strategies and our financial/economic system will begin to heal over time and you can take that to the bank!
One final change that needs to occur is the reversal of the philosophy that maintains certain companies are “too big to fail.” If we get rid of the companies/organizations that are draining the economic system and we just let the system fix itself we will see a healthier economy. A capitalistic government has no business bailing out banks or any other companies utilizing socialistic props!