Impact of Banking on Wealth and Debt
Most powerful banker in the world just died, and when you study his family,
it becomes clear why people can't afford homes and college.
The story goes back to the seventeen hundreds and a banker named Mayer
Rothschild. And he made an amazing discovery,
that there was
more wealth lending money to governments than individual people.
And stay with me because this will explain why Gen Z can't afford
anything. Rothschild would have five sons who he
would send to
five different countries across Europe to start central banks, Germany,
Austria, England, Italy, and France.
And by the early eighteen hundreds, the Rothschild family was funding both
sides of the Napoleonic Wars, which was the real
World War I. And funding both sides of wars would
become part
of the business model. Well, Napoleon would be defeated at the Battle
of
Waterloo, and the Rothschilds had gotten the news
before everyone else.
They knew that England won the war.
Well, they start selling off all their English
war bonds, and they
make sure everyone could see them do it.
And when everyone saw the Rothschilds selling their bonds, they started to
sell theirs. They assumed that the Rothschilds had information
that England
was going to lose the war. And when everyone started selling their war
bonds,
the Rothschilds bought them back for pennies on the dollar.
And later that week, when everyone else found
that England won the war,
the Rothschilds basically owned the country.
And as Nathan Rothschild said, "Give me control of a nation's
money supply, and I care not who makes its laws." The
business model had become to get governments and people into debt.
And when the Rothschilds saw a young America,
they saw opportunity. And in eighteen sixteen, they found
their way into American central banking with the Second Bank of the
United States. And your money would be worth even less
today
if Andrew Jackson hadn't come along and saved the country.
He started what are known as the Bank Wars.
He balanced the budget, paid off America's debt, and ended the
charter of the Second Bank of the United States.
And although an assassin was sent after Jackson, he would miss both
shots, and Jackson would proceed to beat him with
a cane.
And that's why Jackson is on the twenty dollar bill.
They're mocking him, and they're mocking you and me.
But seventy-seven years later, the Rothschilds would take control of
the American banking system with the passage of the Federal Reserve
Act. That's what this book is about.
It gave a small group of powerful bankers a monopoly over the
printing of the American dollar. And for every dollar they print, they're
paid back at interest. This is why the Sixteenth Amendment
was passed that same year, nineteen thirteen.
It established the federal income tax for the first time in American
history. When they print this money, they get paid back at
interest with our tax dollars. And there hadn't been a federal income
tax for the first hundred thirty-seven years that America
was a country. And these taxes go to paying back the
bankers at
interest, not the roads and the military like everyone thinks.
It's usury, debt interest. It's how you steal the wealth from the
middle class of a nation. And they love the wars 'cause they're
getting paid
back at interest. But every time they print that money,
they're stealing
from the future. It means your money's going to be worth
less.
It's why they had Lyndon B. Johnson push the Great Society, which made
mortgages and college loans available to everyone, which was
great for the boomers. But every time they took out those loans,
it
meant the price of housing and college would go up, up, up.
So now no one could afford housing, no one could afford college
without going into debt. The business model has always been
to use usury to steal the wealth of
nations, to control governments,
and to control people
End of transcript · 672 words