It will take nothing short of an intellectual revolution that wins the hearts and minds of the masses to reconstitute the philosophic paradigms that shape our political, economic, and monetary systems.
This is THE ONLY way out of the global debt-trap, there is no other.
In 1776, America had it right; however, private banking elites usurped her plans from the very start of the republics quest for sovereignty and true freedom.
Private central banks and the long-term destructive functions of their debt-based fiat money are the root cause of the global economic crisis. America and the rest of the world must escape their enslavement now or the future will become far more violent and unsettling.
Until a nation’s people and leader’s revolt together to reclaim their freedom from the debt slavery of private banking institutions, the situation shall only grow worse with each passing year.
It is likely in the best interest of all nations across the world to relieve private bankers of their egregious crimes against humanity, hold them to account accordingly, and reform their respective political, economic, and monetary policies in accordance with incorruptible standards.
A relentless global revolution will accomplish what would amount to hitting a mega-RESET button in order to set the world on a sustainable path toward healing, recovery, peace, prosperity, and international accord.
There are select handfuls of credible reformists whose ideas command immediate attention. We will try on occasion to present those whose ideas are most cogent and plausible.
One such reformist is Richard C. Cook, a former US federal government analyst with over 32-years of insight into the workings of the United States Government. He served his last 21-years as a Project Manager and analyst for the US Treasury Department.
Here we shall provide part 1 of a 6-part series from his book entitled “We Hold These Truths,” which illuminates historic insights as to the origin, build-up, and cause of the global debt crises and his thoughts on a practical set of solutions.
Revolution 2.0: The Necessity of Monetary Reform
As we occasion to present a select array of reformation plans, there is one thing they all have in common. Each shares a conviction to end the current central banking systems, and the debt-based money, which they create from nothing.
Where they may differ is in whether or not a peoples government can be effectually entrusted to the powers of money creation, and whether or not there should be fractional reserve lending practices, and whether or not there should be a physical weighted backing to the money vs. a strictly fiat currency issued by government decree.
In all areas of common ground, world leaders should seize immediately upon this historic moment. Once it becomes clear we will be spared of this world-destroying enslavement, there can then be prudent and exhaustive debate as to the merits of fractional reserve vs. 100% reserve lending, and the physical vs. fiat backing of wealth-based money.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. -Thomas Jefferson
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. -James Madison
If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson
The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham Lincoln
Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands. – Theodore Roosevelt