Some might ask: "What does it matter if Congress States that Congress, and only Congress shall have the power to coin and Of the United States when it passed this Federal Reserve Act, for it specifically Why, you ask? Because the Congress went against the Constitution Notes, used as money in the country, cannot be considered as being constitutional But we have to understand that these Federal Reserve "Federal Reserve Notes", which are still accepted today as moneyĪmong the citizens of the country. This function over to the Federal Reserve Corporation. Right to create money or to have any control over its creation, and gave This new law completely removed from the Congress the The passage of this Federal Reserve Act authorized theĮstablishment of a Federal Reserve Corporation, with a Board of Directors Power to create the money to run United States away from the Congress,Īnd gave it over to private Bankers, who called themselves the Federal The Congress passed the Federal Reserve Act, which officially took the The Federal Reserve Act But the final blow came in 1913, on Christmas Eve, when The Bankers having devised all kinds of tricks to try to take control of Was signed, the money in the country was handled both legally and illegally, So, what happened? For several years after the Constitution Government must be the only creator of money. Profits of its creation, not just private Bankers, and therefore the national Laws." It was their belief that all citizens should share in the To issue and control the money of a nation, and I care not who makes its They understood the tricks of the Bankers, for what did MayerĪnselm Rothschild, the great European Banker, once say: "Permit me Of interest, and who could actually then control the country by controlling To create and control the money be in the hands of the Federal Congress,Īnd not in the hands of private Bankers who could charge enormous amounts It was the wish of the Founding Fathers that the power Of this Constitution: Congress shall have the Power to Coin Money and Regulate United States back in the 1700's, they specifically stated in Article 1 When our Founding Fathers wrote the Constitution of the Operated for the financial gain of the Bankers over the people, rather Is a private corporation controlled by the Bankers, and therefore it is Reserve Corporation is not a government agency, as most people think. A Private Corporation The first thing that must be understood is that the Federal "Billions for the Bankers - Debts for the people" by SheldonĮmry. A good resource book that I am using is entitled What the Federal Reserve is really all about, and how it is being used The population! In the next few paragraphs, I am going to simply explain And this is exactly what the Bankers want: ignorance among Government agency, probably because the word "Federal" is used Is the misconception most American have: that the Federal Reserve is a Reserve is, he probably would tell you that it is a government agency thatĬreates all of the money to run the United States. If you would ask any American citizen what the Federal Yet, men are still deceived by the artificialīankers.America's Greatest Problem - It's Debt Money System Gold and silver as wealth is an illusion. Them to fluctuate and to control the currenciesīringing tons of precious metals from the because it (the gold and silver) is the stumblingblock of their iniquity.” Ezekel 7:19. Speaking of the end of the Age, Ezekiel said: “They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the Lord. (Daniel 2.) Heathen gods are often represented by gold. The vision of the beast empire which Daniel saw, had a head of gold. Their value would, therefore, have been the same as stones, and certainly not used for the “backing” of money. Of gold and silver in his kingdom, the Scripture records: “And the king made silver and gold at Jerusalem as plenteous as stones.” 2 Chronicles, 1:15. Scripture and history indicate that his empire was the most peaceful and prosperous of that time and perhaps of all recorded history. The reign of King Solomon will give us a good example. The Bible has much to say about gold, and it is mostly bad. However, it is the stability of the Government and the correct volume of currency available which gives value to money, not some arbitrary amount of metal. Many who recognize the evil of usury (interest) still assume that money should be composed of valuable metal and redeemable by some such precious material as gold and silver.
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