“Jekyll Island: The truth behind the Federal Reserve” is a documentary completed in June 2013 that took 9 months to produce. It’s a comprehensive roadmap which includes historical landmarks to understand the roots of our economic calamity. It also includes a realistic solution that an open-minded patriot can appreciate. jekyllisland-themovie/ The Problem: Today, banks have a hold on Our government. They control the Quantity of Our Money Supply. As they buy bonds from the government they increase Our national debt and tax payers are left to pay the interest charges. Since all loans are debt and all money comes into our economy through loans than all money is debt too. This means that Our national debt cannot be paid off because to pay it off would mean there is no money in our economy. Banks can engineer Panics and Depressions and Ruin retirement plans with the deliberate contraction of money and this does not serve a Sovereign Nation. The Solution: 1) Issue Debt-Free Sovereign Currency (i.e. issue US National Notes or Greenbacks) Government should create all the money it needs in order to operate debt free; and, the government should issue enough US Notes to fully lubricate the American Monetary System in the Publics’ Interest. However many Federal Reserve Notes there are in the economy both physical and electronic equivalents, replace them ALL one-for-one with US National Notes. People will argue against the Government printing money that it would cause Hyper-Inflation. My Answer to this is: NOT IF YOU CONTROL THE QUANTITY. Inflation should be monitored closely just as it is done in Guernsey using a Monetary Authority composed of elected officials. If too much money is printed and prices begin to edge up than money is taken out of the system through taxation. Taxation is no longer a form of government revenue. The government can create all the money it needs to fund its spending requirements. It does not matter what backs the money. What matters is who controls the QUANTITY. Will you be in control of the Quantity in the Publics’ Interest? or Will you give your Power to bankers who maximize profits for their shareholders? Are We too corrupt to control the Money Supply? No, Self-Government is all We have 2) Our most important weapon in defeating the Debt-Money System is to OUTLAW GOVERNMENT BORROWING Sovereign Nations do not have to borrow. Will our Standard of Living be reduced if we have a Debt-Free National Money? No A True Free Market Solution is to let the value of a Nations Currency float on the International Market. Each Nations Sovereign Currency will find its own level and that should be based solely on that Nations Productivity. The only reduction in Standard of Living is its limits on Imports of Products. But this will stimulate Internal Production, what a Nation cannot afford to Import They will Produce. 3) OUTLAW FRACTIONAL RESERVE LENDING We do need banks, they provide an essential service that people are willing to pay for. We do NOT need to Nationalize banks. We want to create an environment of healthy competition between banks. DEBT-FREE NATIONAL MONEY is THE most important Power to Self-Governance. Proverbs 22:7 The rich rule over the poor And the borrower is servant to the lender Please circulate this letter among your staff and colleagues. Also I would appreciate a response from you on your review of this documentary.
Posted on: Sun, 28 Jul 2013 11:36:55 +0000
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