Money Creation, Banking and the Great Depression

Do you notice that they have the same amount of ink on them?

Do you notice that they're made out of the same virtually worthless stuff?

It's paper.

Did you get it? It's paper.

When we create money, we have created

an instrument of value that has no value of its own,

and it's just as expensive or inexpensive to

print the twenty as it is to print the one.

I'm here to prove to you that bankers,

especially in the Federal Reserve System,

make multiplied trillions of dollars and never create one

thing of value.

Are you with me?

Do you wanna learn this or not?

Yes. Are you sure?

Yes. An automaker might make one or two percent profit.

A builder might make ten percent profit, but the printers of money

have no limit

to the amount of money they can create and the wealth that they

can create for themselves.

Money's the bloodline of a civilized society.

It's the instrument by which a product is sold or bought.

Reduce the supply of money below the necessary levels to sustain

trade,

reduce

the amount

of this

in the system

below the levels necessary to

sustain the current trade, and you

create a depression.

In nineteen thirty, let me ask you a question.

Did we not have farms?

In nineteen thirty, did we not have factories?

Did we have the greatest roadway system in the world at that time? Yes.

Did we have the greatest communication system in the world at that time? Yes.

Did we, did we have the greatest, uh, uh, opportunity of

trade with oceans on both sides and water

systems like the Mississippi River running through the width and breadth of this

nation? Did we have ability to move our goods

and services? Yes.

Did we have transportation and roadways? Yes. What did we not?

Did we lack workers?

Then what happened?

I'll tell you what happened.

The bankers decided,

"No more money for you."

They got out of the stock market.

I can give you the family names.

They got out of the stock market the year before.

Do you know all the money that was lost in the stock market as people

began to

sell their stocks one after the other, after the other, after the other,

and stocks

that were valued at ten thousand dollars were selling for fifteen cents?

And then they had to make a run on the bank because the, the banks...

The stock market had said, "Oh, I'll tell you what you can do.

You can borrow on margin." In other words, you can buy...

The economy's really good here in the late twenties. Here's what you can do.

You can borrow on margin for stocks.

You can buy a stock at a hundred dollars worth of stock.

You can buy it for ten dollars, and we'll lend you the other money to buy

the

stock, and the stock is skyrocketing, so you stand to make a great profit.

What they didn't tell the American people, and what you still don't know today, is

that when they did that, they also put into that legislation

that they would have a twenty-four-hour recall.

In other words, however much stock you bought,

it would make a lot of money,

but they could call that stock in, and you would be required not

only to pay for the stock, but to pay for what you borrowed at

interest from them. In other words, now you've got to pay the hundred

dollars that they loaned you, but they're the ones that are

calling it in. So when they called it in, you didn't have

the money to pay for it, so you ran to the bank.

But the bank only keeps twenty percent money on s- on, on

hand. They loan the rest of it out, so only twenty percent of the people could

get any of their money out of the bank.

So the banks collapsed, the stock market collapsed, all at the

whim of the bankers who decided they wanted to make

the money. Watch me.

Oh, my God. Watch me.

All that stuff was being sold.

Hundred thousand dollar farms were selling for three thousand dollars.

Who do you think bought them?

Why are you looking at me funny? You know what you're looking at?

You're looking like sheep that have been led to the slaughter

and didn't know it.

I'm gonna continue. Can I continue?

Yes. We didn't lack industrial capability.

If you don't believe me,

I just told you what started the Great Depression. Let me tell you what ended it.

World War II.

And all of a sudden,

the same banks

that said,

"No money for farms,

no money for food," put people in soup lines.

"No money for commerce. No money for railroads.

No money for roads.

No money.

No money."

All of a sudden said, "War?"

And all of a sudden, factories that were closed down begin to work

three shifts.

Where'd the money come from?

The same pockets that refused to give it before.

Because they decide when it will be printed,

how much will be printed,

and how much usury or interest will be paid.

Not the federal government.

The federal government has no say in it, as I will prove to you.

Say, "Debt-"

Debt. "Is a devil." Is a devil.

By the simple manipulation of a few wealthy bankers, World War

II ended the Great Depression. After successive failures

convinced the public of the need of a central bank by

wars, the same European bankers financed both

sides of the Civil War in this country. You don't even know that.

Same bankers, same families

financed both sides of the Civil War. Why?

They make the money.

After they couldn't get the American people to swallow the lie of a central

bank by creating war,

they decided they would artificially create, listen to me,

recessions,

depressions, inflations, and

panics.

Since only a small amount of deposits are stored at the bank, about 20%,

the other

80% is out on loan with security of property and your promise to pay it back,

a simple rumor of a bank's insolvency would make a

run on that bank. Everybody'd get nervous, go pull their money out of the bank, and

that bank would collapse. And then the international bankers who

started the rumor

in the first place

would look like prophets.

P-R-O-P-H-E-T-S, prophets.

Are you hearing something you've never known?

Yes. Wave your hand.

If you think America ought to know, wave the other hand.

All right, then don't quit on me.

One of the key movers and shakers

of this,

uh, uh, let's get a central bank by making the

people afraid by causing their banks

to collapse, one of the key movers and shakers was a man by the name of,

you might

recognize it, JP Morgan.

His father was an agent for the wealthy, you might know this name, Rothschild

family.

Here's a quote.

The Federal Reserve. In 1869, JP Morgan went to

London and reached an agreement

for a company known as the Southern Northern Securities that was

intended to act as the international bank, as, as the

agent for the Rothschild company in the United States.

The first major panic created

by the international bankers occurred in 1893 when local

bankers from around the nation were told to call in all their

loans. Told by who? By these wealthy bankers.