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THE WAR FOR BANKOCRACY | PART 1 - WARNING SHOT -- A Series by John Titus
About The War for Bankocracy
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Central banks appear to be poised for a major push to replace rule by democratic governments with rule by privately owned central banks. Their chief task in this regard is to free the U.S. Federal Reserve from its constitutional constraints, which prevent the bank from operating in secrecy and beyond the reach of Congress and indeed law itself.
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While the evidence supporting this conclusion is freely available from the public record, without some minimal working knowledge of central banks, the story would be extremely difficult to tell in a single video. Consequently, The War for Bankocracy series will lay significant groundwork and tell the story over the course of eight episodes.
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Solari plays an important and public role in the series, serving as a depository library for both the video series and its many constituent parts. The notion here is really two-fold. First, Solari’s archival function can assist other researchers and content creators by making resource materials and video clips freely available for downloading. Second, Solari’s website is wholly independent of the forces behind the free speech breaches that are now daily occurrences across a shocking array of platforms. Thus, Solari will serve as a safe harbor for the series, beyond the reach of the censorship complex.
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What gave rise to The War for Bankocracy was a memo published by the White House shortly before President Biden’s visible mental deterioration forced him to abandon his second presidential race. The memo—which directly contradicts the U.S. Constitution by advocating governance by central banks—received no attention from the media.
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In May of 2024, the Biden White House published a memo declaring that the United States observes “central bank independence” and that “nearly all advanced economies are now governed by independent central banks.”
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The memo—entitled “The Importance of Central Bank Independence”—expressly advocates central bank supremacy over the nation rather than three branches of government under the U.S. Constitution, which the memo never mentions.
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The memo likewise avoids the term “Federal Reserve independence,” which unlike “central bank independence” actually passes constitutional muster because it recognizes the Fed as a mere creature of Congress, not as its equal or even superior.
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“Federal Reserve independence” means only that the Fed is independent of the president; it doesn’t (and can’t) mean that the Fed is independent of Congress, which is the source of all of the Fed’s legal powers. The Fed is always subject to the control and inspection of Congress, which has the duty to oversee its exclusive constitutional remit of coining money.
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“Central bank independence,” according to the Biden memo, means that a central bank does not answer to or even take input from the nation whose currency the bank issues. Countries with central bank independence, like those in the European Union, have no real, enforceable transparency into or control over their central banks.
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The Biden White House memo advocates central bank supremacy and rejects U.S. sovereignty. If the memo’s policies were implemented, the Federal Reserve would no longer be subject to the U.S. Constitution, and thus the Fed would be able to operate—like central banks around the world—with as much secrecy as it desires. The global monetary system will go dark if this occurs.
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00:00 Ch. 01 - Title Sequence
02:32 Ch. 02 - Intro to The War for Bankocracy Series
05:09 Ch. 03 - The Biden Central Bank Independence Memo: An Ill Omen
09:31 Ch. 04 - Series Schedule and Access via Solari
17:05 Ch. 05 - Central Bank Independence vs. Federal Reserve Independence
23:32 Ch. 06 - The Biden Memo Flouts the Federal Reserve Act
28:04 Ch. 07 - The Constitution as a Global Force of Central Bank Transparency
31:13 Ch. 08 - Federal Reserve Transparency vs. ECB Transparency
33:14 Ch. 09 - "Central Bank Independence" Is a Propaganda Campaign
35:11 Ch. 10 - The Aim of Central Bank Independence Propaganda Is Secrecy
37:54 Ch. 11 - Looking Ahead to Episode 2
38:31 Ch. 12 - Support BestEvidence and The War for Bankocracy Series
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For a description of Episode 1 of The War for Bankocracy, please see: https://bestevidence.substack.com/Episode
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