1913, when the Central Bank was being sold, it was hailed as ridding America
of the cursed business cycle.... stay with me -- I know you
already know we have been swindled.
We will get back around to how the most centralized of all central
banks, China's very own central bank, has thrown up its hands to fix
the Great Fall of China.
But first...Has anyone actually told you what a so-called "central bank" is?
What is a Central Bank?
Easy enough. our Federal Reserve Central Bank is a government bank,
established by politicians, with bank deposits coming in from taxes,
and no withdrawals allowed by law, except by politicians.
Since the central bank can force deposits from taxes, then it always knows
how much deposit will be on hand. Furthermore, since the bank
depositors (taxpayers) cannot ask for their deposit back, then there
can never be a "run on the central bank".
And since it can literally "print any amount of money" and "set
interest rates all on its own" as any tin-horned dictator would do, all
without, (many believe) a care for the Law of Supply and Demand, well
Since it can print money for itself, it cares nothing about how much
interest it makes and just sets the rate however it feels like.
Since it is the big hairy gorilla on the block, it can force banks to establish whatever reserves it wants them to have.
Theoretically a perfectly stable situation where the Central Bank becomes the bank's bank.
Business cycle smoothed over and everyone lives happily ever after, end of story.
Except...for reality...as everyone is aware.
P.S. For a great read about the FED, look into "The Creature from Jeckle Island"
How did we get our Central Bank?
To establish the American Central Bank in 1913, three things had to happen.
, to get money into this national piggish bank, the 16th Amendment was
enacted to provide for income taxes which would become the central
bank's guaranteed deposits. This was in the works for years past, but just happened to be enacted in 1913. Hence, they got their forced bank deposits lined up.
, to keep the States from meddling in all this federal
paradise-building, and for good measure, they also passed the
unconstitutional 17th Amendment which strips the States of their
Constitutional right to vote in the Senate. The States could not be
allowed to withdraw the money from the Federal Reserve bank. Again, the
ground work was getting the States bambozzled into passing it, and sure
enough, in 1913, it passed. Hence, they would prevent any future political "run on the bank".
, the Federal Reserve Act was enacted to create the Creature from Jeckle Island, the bank itself we call The Fed.
Who were the "they" who accomplished all this? Mostly European
Jewish Rothschild family and their money, aligned with a compliant
Jewish-owned MSM bought up by Rothschild's prime agent in the United
States, J.P. Morgan.
Of course everyone worried about stinky politicians messing with such a
huge piggy bank, so they sold it as a quasi-governmental power all its
The Federal Reserve Chairman was to be God when it came to
America's money -- not to be hassled by any lowly and greedy ordinary
(Of course, greedy politicians could and would be blamed for all the economic
collapses, as we shall see)
In sum,. all three of these tsumanis against America coming together in 1913, the Federal Reserve Act to create
the Federal Reserve (bank), the 16th Amendment for income taxes (guarantee
deposits for the bank) and the 17th Amendment for the popular vote in the Senate to
"depoliticize" Congress (protect and control withdrawals from the bank), were the
total package required to implement America's national central bank.
How well has our Central Bank performed?
A miserable scorecard actually!
Compare America's finances before 1913 for a comparison....
Quick, tell me of ANY economic problems this nation had
for the greater
part of a century,
from the creation of the U.S. Constitution in 1889 to 1913.
Nope, you can't do it,
because we never had serious problems that affected the average American.
In the last century,
we will show that our Central Bank
has throughout its history
actually been far worst for America than worthless.
We pointed out this month in our Shemittah article this month how we
have had consistent Jewish-inspired 7 year cycles of despair, which we
should have all noticed long ago, ever since we got the
Jewish-controlled Federal Reserve in 1913.
Pretty much all Treasury Secretaries and Fed Chairmans are Jewish.
These smartest people in the world have a miserable record of doing
But then, their REAL job was enriching JEWS, not the Goy.
Federal Reserve Scorecard
1913-1914 7th Shemittah of Jubilee 119
- CREATION OF THE FEDERAL RESERVE
1921-1922 1st Shemittah of Jubilee 120
- Post WW1 Recession
Recession said to be caused by cutbacks after WW1
NOT the fault of the Fed
who pumped money like crazy during the war,
meaning? THE FED cut back causing the Recession
1928-1929 2nd Shemittah of Jubilee 120
- Great Depression, Part 1
Schools teach you this was all Hoover's fault
NOT the fault of the Fed causing the Roaring 20's asset bubble
with easy money, and that mess all falling apart in 1929, haha
1935-1936 3rd Shemittah of Jubilee 120
- Great Depression, Part 2
Not FDR's fault, he spent Fed money like crazy, haha
Certainly not FDR having the Fed prime the pump for FDR's 1934 election
And the subsequent fall could not possibly be the Fed's fault
1942-1943 4th Shemittah of Jubilee 120
- Great Depression, Part 3
Didn't even call it a Great Depression, called it
Fault of Hitler, Mussolini, Franco, Emperor Hirohito,
Tyrants appealing to impoverished people in the Great Depression
NOT the Fed's fault in making people impoverished in the first place
with the NOT-SO-GREAT Depression,
thereby radicalizing them with desperate measures.
1949-1950 5th Shemittah of Jubilee 120
- War on Korea
Europe and Asia rebuilding -- keeps us going economically
NOT THE FED'S FAULT :
Even the FED could not screw that up
1956-1957 6th Shemittah of Jubilee 120
- Europe and Asia still rebuilding
STILL, NOT THE FED'S FAULT
1963-1964 7th Shemittah of Jubilee 120
- War on Poverty + War on Vietnam = War on
All done with Federal Reserve printing press money
1972-1973 1st Shemittah
Jimmy Carter's fault everyone knows -- And a Democrat, you say!!!
Economic Stagnation with Inflation was NOT the fault of the Fed
who we are told was powerless to do anything about it, haha on us!
1978-1979 2nd Shemittah
- Savings and Loan Crisis
Of course, Republicans in Congress's fault
The Federal Reserve BANK had NOTHING to do with
competing Savings and Loans BANKS failing
1985-1986 3rd Shemittah
- Black Monday Stock Market Crash;
First use of "circuit breakers" in the stock market
Thank you FED for our needing them
1993-1994 4th Shemittah
- Bond Crash and the "Asian Flu" crashes
Bill Clinton saved Asia from falling apart
Incorrect politically to say that
The FED saved Asia's tush by pumping tons of American
dollars into Asian foreign accounts
2000-2001 5th Shemittah
- Internet Bubble Crash; Telecom Bubble Crash; Tech Wreck;
Caused by investments in Internet companies with no earnings
Don't look to the FED or the SEC for the reason
this asset bubble was allowed to blow up.
2007-2008 6th Shemittah
- The Great Recession;
The Housing Crash was George W's fault,
NOT the fault of the FED, or its backing of Fannie Mae, Freddie Mac
causing this asset bubble to explode, causing great damage
2013-2014 7th Shemittah
The Great Fall of China;
Certainly NOT the fault of the FED
The FED printing endless money for endless deficit spending
The FED printing endless money for endless negative balance of trade
Naw...that has not created a gigantic
Chinese asset bubble....
or has it????
Also shortly down the road and naturally -- not the Fed's fault...
national financial defaults;
- Looming dollar collapse
- Looming European Union collapse
Our economic tidal waves every 7 years are typically blamed on:
sitting President, if he is a Republican,
the previous President, if he was a Republican,
Republicans in Congress, if they are in power, or
Republicans in Congress, if they were in power the previous term.
The Federal Reserve bank specifically created to prevent all this is
In fact, it is alway said that
"THANK GOODNESS WE HAD THE
FED TO SAVE US FROM REAL DAMAGE!!!"
It is said that
"We are a limited government, THERE IS ONLY SO MUCH THE FED CAN DO!!!"
Well, that is now all disproved.
Now we have had the perfect laboratory for a totalitarian Central bank.... China!
China's Totalitarian Central Bank
- China's Central Bank is not beholding to politicians who have to worry about getting reelected....
- ....China is a totalitarian dictatorship!
- China's Central Bank is not concerned by what the MSM will say about them.
- .....They own the Chinese MSM!!!
- China's Central Bank is not concerned even with private companies....
- - ....Pretty much all Chinese companies are government owned.
- China's Central Bank is all powerful to keep China's economy on a steady course....
- ....China's economy cannot fail, for it has the perfect Central Bank.
....AND IT HAS FAILED!!!!!
It has thrown up its hands to regulate the economy and China is faltering.
The miracle of Jewish Communist Totalitarianism can hold things up for
a while, but the natural law of supply and demand cannot be repealed,
not matter how much liberal Jews try to convince the average American.
Not with the Soviet Union, and not with China.
The real moral of the story here?
We would have been better off
the last 100 years on the gold standard and having no Federal Reserve
Our Central Bank has CAUSED incredible economic destruction, not prevented it.
In 1913, you could buy an ounce of gold for $18.92. Today? Over $1100 for the exact same piece of gold.
What is really changed is that your 100 pennies in your dollar are now
only worth 1.72 pennies. The rest of the national treasure over the
last 100 years has been stolen, little by little, so you don't even
notice. And if you don't notice, then you don't ask that anyone be
locked up in prison for theft.
Only the Jews running our Central Bank could do a bank heist of our own bank, right in front of your eyes, and get away with it.
Central banks can’t save the markets from a crash.
They shouldn’t even try
to some City analysts, the stock markets are pumped with so much cheap
credit that a crash is just around the corner. And they worry that when
that crash comes, the central banks are all out of moves to prevent the
aftershocks from causing a broader collapse.
Since 2008 the Fed has pumped around $4.5 trillion into the financial system. The Bank of England stopped
at £375bn. The Bank of Japan is still adding to its post-crash stimulus
with around $700bn a year and the Frankfurt-based European Central Bank
will have matched its cousin in Tokyo by the end of the year.
each case, the central bank has adopted quantitative easing, which
involves buying government debt to drive up its price. A higher price
lowers the returns and encourages investors to go elsewhere in search
of gains. It has meant a big shift in the portfolios of fund managers
in favour of shares. Apart from a few blips due to the Greek crisis,
stock markets have boomed. This summer, the FTSE 100 soared past 2008
levels to top its 1999 peak.
China, which has borrowed heavily to keep its economy moving, is
running out of steam. Beijing has said it does not want to encourage
another borrowing boom. But to prevent a crash, it is doing just that.
In the last two weeks it has cut interest rates and loosened borrowing
limits. It has even invested directly in the market, buying the shares
of smaller companies.
we face the shocking prospect of central bankers, in thrall to stock
market gyrations, making the world a more unstable place with promises
of yet more cheap credit.
The Guardian Aug 30, 2015