By Adam Ghaznavi
The Bankers, led by the Rothschilds’ led Federal Reserve PRIVATE Bank cabal, make their plunder via the miracle of:
Fractional Reserve Banking:
Whereby banks can have for example $100 in actual deposits, yet loan out & charge interest on $1000 (eg charge interest on money created out of thin air) – specifically by means of writing out fiat cheques for govt debt (`securities’) which entitles them to create ten times as much money out of thin air against these `assets’. (as if it was a deposit of cold hard cash). http://www.geocities.com/money4nothing1913
[[AS Eustace Mullins (in his book `The Secrets of the Federal Reserve’) tells the story of the creation of the Federal Reserve PRIVATE Bank in 1913, like a particularly blatant episode of the `Rockford files’ (including vis the continuing role of the Rothschild controlled banks that control the Fed Reserve system), I commend his work to you: http://www.geocities.com/money4nothing1913
I will add my own notes in due course. I apologise for the lack of charts which were also lacking in…
http://www.the7thfire.com/Politics%20and%20History/Secrets_of_the_Federal_Reserve/secrets_of_the_federal_reserve_TC.htm
…whereby I came by this work in the first place]]
In the build up to the Great Depression in 1929 they got together to restrict credit, triggering the deflationary spiral (following the inflationary spiral they had previously encouraged) which enabled them to buy up assets for pennies on the $.
They then re-inflated the economy (& provided loans for German re-armament, created via the magick of USA Federal Reserve fractional reserve banking) through the pre -post WWII war boom; to the extent that General DeGaulle got all sarcy (as the French do) & asked for his money back (in gold).
THIS then required the establishment of the PETRODOLLAR (to keep the $ negotiable)...
…The secret agreement brokered by Kissinger (when the USA fell off the gold standard in 1971) in 1973 with the Saudis (as swing producer able to flood the market & destroy any state defying their policy) that ALL oil be sold in $. THIS preserved the $ status as global reserve currency & gave the USA an unlimited credit card, enabling it to pass off the costs of its institutionalised hyperinflation ($9Trillion nat debt, $60Trillion accumalated other liabilities as per brookings institute estimates & the $516Trillion derivatives pyramid - according to Bank of International Settlements estimates http://www.bloomberg.com/apps/news?pid=20601087&sid=a58EF32GpHeg&refer=home ) onto other states just by PRINTING $ & fund the army required to protect the petrodollar (costing more than the rest of the planet's put together) via the same printing press. THIS is how the cold war was ‘won’, by bankrupting the USSR, by bankrupting the world.
Of course in TODAY’S hyperinflated global economy with the USA no longer biggest creditor but instead the biggest debtor nation…
…the bankers are forced to engage in still more gothic enterprises to pass off the costs of their criminal profligacy onto the rest of humanity.
Such as attempts to create a pretext for wars against Iran & (even more so) Pakistan, to try & establish the Amero/ North American Union at the point of a smoking nuclear sixshooter; to enable a shedload of debts to be written off, acquire vast source of cannon fodder for more Petro Amero wars & enable the use of Mexican Zetas to round up white USA citizens `not pulling their weight’ in `the war on terror’.
lovingly recounted on my threads in:
http://Lvcifer2.blogspot.com
(see especially http://lvcifer2.blogspot.com/2007/11/for-israel-iran-is-not-enough.html )
...which everyone can copy & spread around freely, to act as a deterrent against said plots.
Monday, 3 December 2007
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