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Federal Reserve Fails 2023 | Designed To Crash And Doing It Now
In the 17th century, the Bank of England began issuing paper Fiat money. This gave the banks the ability to simply print money out of thin air, and for over a century this was rightfully called out as fraud until it became public policy, known now as fractional reserve banking. What was once seen as immoral is now seen as normal.
Many assume that the financial loans given out by the banks are coming from savings they hold for their depositors. But this is not true. When someone takes out a loan, the bank creates new money out of thin air and then charges the person interest to borrow it. Fractional reserve banking allows the banks to legally create 10 times the amount of each deposit. This inflating of the circulating currency devalues that currency and allows the banks an opportunity to profit. Dramatic.
The Federal Reserve Act of 1913 began a system of debt designed to inflate beyond its means until it implodes, the exact opposite of sound money. The banking cartel funded both sides of World War One, which led to the Great Depression, Which led. To the Emergency Banking Act of 1933, which ended the gold standard and made every dollar spent in IOU to further increase the debt which is ultimately owed by the American people.
The banking cartel funded both sides of World War Two, which led to the Bretton Woods. The monetary system which made the USD the world reserve currency and gave central banks the option to go straight to the gold window of the US Treasury to exchange U.S. dollars for physical gold. But by endlessly creating more debt, it became clear that the US had printed. Far beyond their gold reserves. And when several nations came to collect their gold, the federal government dishonorably closed the gold window.
To maintain world reserve currency status, the US turned to its military guns for hire to Saudi Arabia In return for the Petro dollar and war with any nation who threatens USD dominance. A Ponzi scheme is an investment fraud that pays existing investors. With funds collected from new investors, and that's what the bankers created, they profit exponentially off the people's debt.
It was designed to collapse, and that's what it's doing now. All the markets are crashing and the derivatives market alone is in the quadrillions, which is much more. Than the total financial assets of the entire world. There is nothing left to prop up the dollar. This Ponzi scheme is at its end. What that means is that the money you have in the banks will disappear. Everything will go to zero and then we reset. How we do that will ultimately be up. To the people. The banking cartel knows that the only way they can survive this collapse is to somehow convert everyone to an authoritarian CDC.
But without the people's trust, the banks will have problems with this. Many people will lose everything and will want nothing but justice. From the old banking system. But many others will comply. Hard times are coming fast and if we were smart, we prepare. Let the big banks die and create a banking system that serves
"We The People."
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