Will this lesson ever be learned? We can only hope so while coping with the present system in our own individual ways. My solution was getting off grid and living small, but that is just my hard headed stubborn refusal to support the present corrupt murderous system.
Congratulations to Richard C. Cook. I wish to add a few points to his concise and clear statements: Private financial credit, from a legal standpoint, is fraud or scam: nobody owes anything to a private bank, for it doesn't put anything in the lending transaction, apart from the privilege. Why not challenge it with the currently existing clarity (my main sources have been Richard A. Werner, his banker and. colllaborator Marc Rebl,and the Bank of England with its :Money creation in the modern economy' 2014 unforgettable piece. This scam is almost the only money creation method, and at the end of each transaction Main Street has less money (by the amount of the interest charged) than before doing it. The number of general principles violated is almost endless. The regulation is private, basically done in Basel (BIS, with its BBCC on top), an international organization for the useful privileges and immunities, at the same time being a private bank of unknown owners. The contradictions in the constitutional process and documents of that entity are countless. I leave it here with a question : Why not challenge all this huge scam in as many courts of law as it is viable before they end up readjusting and revamping it a necessary with the tools of the digital age, to make it even more difficult for you and I to challenge it and bring back reason to financial and economic life. Because the profits they make are not only financial, as finance determines the course of the whole economy and political life. I visited this week a public prosecutor's office on this matter, and there should be much more to come all over the world. Keep well.
The Rentenmark was introduced as a temporary measure to try and resolve the currency crisis that Germany found herself in. The hope was that by stabilising the currency it would give the government some breathing room to get the economy and the country back on track and find a long term monetary solution.
The best source I have found is Guido Giacomo Preparata's great book: Conjuring Hitler: How Britain and America Created the Third Reich and Destroyed Europe.
Every citizen should watch this video, which clearly explains the history that has led to our present financial crisis. However, it overlooks the fact that Hamilton purchased large quantities of nearly worthless continental currency, much of which was British counterfeit, before persuading the nascent American government to redeem this nearly worthless paper in gold. This made Hamilton wealthy overnight and reveals that he was anything but an American patriot. His moral depravity is revealed in other ways as well. He paid married women for sex, and he mounted a “poison pen”campaign of writing letters to influential Americans to vilify the reputation of Aaron Burr. Unlike Hamilton, who never faced danger, Burr was a patriotic and competent American officer during the Revolution who put his life at risk during the fighting. After the war, Burr rose to political prominence by organizing Manhattan into voting districts in support of Jefferson and the “Anti-Federalists” who opposed Hamilton’s banking scheme. When Burr discovered Hamilton’s secret and unscrupulous letter-writing campaign, he promptly challenged Hamilton to a duel, which was the way that honorable ruling elites settled their differences in that bygone era. Hamilton could have issued a public apology to avoid the duel, but that would have exposed his mischief and wrecked his political influence. Today most propaganda endeavors to suggest that Hamilton never tried to shoot Burr, but there is no evidence in support of that premise. Burr was simply a better shot, courtesy of his extensive military experience. His bullet struck Hamilton in the abdomen, and caused him to die in agony about two days later. Hamilton richly deserved his fate. Rick’s presentation reveals how our debt-based scheme of government money management was originated by Hamilton, a sociopathic scoundrel.
A better policy would have been for the nascent American government to have accepted the continental currency as legitimate payment for taxes. That would have secured the value of the continental currency and provided a universal medium of exchange to support commerce in the recovering colonies. The taxes thus collected could have been used to pay for government expenses, and then fresh issues of paper money could have been produced as necessary to pay future government expenses and sustain commerce when necessary. Unfortunately, most people clung to the notion that paper money must be “backed” by metallic money such as copper, gold, or silver. But that won’t work, because there is never enough metal to sustain commerce over time; sooner or later the supply of metal becomes exhausted, and the civilization collapses due to deflationary depression. So, governments have always yielded their responsibility for managing their paper money to banksters who scheme to rob the public. That’s why we are stuck with the “federal” reserve.
There is no need for a “central bank.” There has never been such a need, and never will be. Central banking is arguably the most devious and devastating racket ever devised by the criminal mind. It has inexorably destroyed every civilization that has allowed it. It promotes ruinous wars to pad the profits of the banksters. The only way that America can ever restore peace, prosperity, and progress is to “nationalize” the federal reserve, seize its illicit assets to pay off the “national debt” and restore the responsibility of congress to spend money into circulation to sustain commerce. There is no justification for compensating the rascals who own the central bank. They should be treated as the traitors they are.
🎯 Awesome! So timely too!
Will this lesson ever be learned? We can only hope so while coping with the present system in our own individual ways. My solution was getting off grid and living small, but that is just my hard headed stubborn refusal to support the present corrupt murderous system.
We are living that way too.
I suspect many people with conscience are. It's sad, to think how amazing and prosperous this land could be under an honest non-coercive system.
Congratulations to Richard C. Cook. I wish to add a few points to his concise and clear statements: Private financial credit, from a legal standpoint, is fraud or scam: nobody owes anything to a private bank, for it doesn't put anything in the lending transaction, apart from the privilege. Why not challenge it with the currently existing clarity (my main sources have been Richard A. Werner, his banker and. colllaborator Marc Rebl,and the Bank of England with its :Money creation in the modern economy' 2014 unforgettable piece. This scam is almost the only money creation method, and at the end of each transaction Main Street has less money (by the amount of the interest charged) than before doing it. The number of general principles violated is almost endless. The regulation is private, basically done in Basel (BIS, with its BBCC on top), an international organization for the useful privileges and immunities, at the same time being a private bank of unknown owners. The contradictions in the constitutional process and documents of that entity are countless. I leave it here with a question : Why not challenge all this huge scam in as many courts of law as it is viable before they end up readjusting and revamping it a necessary with the tools of the digital age, to make it even more difficult for you and I to challenge it and bring back reason to financial and economic life. Because the profits they make are not only financial, as finance determines the course of the whole economy and political life. I visited this week a public prosecutor's office on this matter, and there should be much more to come all over the world. Keep well.
Any transcript available?
https://montanarcc.substack.com/p/transcript-for-dismantling-americas
Thanks. Hamilton was a real rat as far as I can tell, so the more I learn about him and his racket, the better.
Of course the financiers view him as a demi-god.
Perhaps something along the lines of the 1920-s German "Rentenmark" could be a solution.
It got Germany and it's economy back on it's feet.
The Rentenmark: How Hyperinflation Was Solved In Germany [And 6 Lessons You Can Learn From It]
https://www.hardmoneyhistory.com/rentenmark/
The Rentenmark was introduced as a temporary measure to try and resolve the currency crisis that Germany found herself in. The hope was that by stabilising the currency it would give the government some breathing room to get the economy and the country back on track and find a long term monetary solution.
The best source I have found is Guido Giacomo Preparata's great book: Conjuring Hitler: How Britain and America Created the Third Reich and Destroyed Europe.
Also see my own book: Our Country Then and Now.
Yes. I've got it.
Excellent book.
Every citizen should watch this video, which clearly explains the history that has led to our present financial crisis. However, it overlooks the fact that Hamilton purchased large quantities of nearly worthless continental currency, much of which was British counterfeit, before persuading the nascent American government to redeem this nearly worthless paper in gold. This made Hamilton wealthy overnight and reveals that he was anything but an American patriot. His moral depravity is revealed in other ways as well. He paid married women for sex, and he mounted a “poison pen”campaign of writing letters to influential Americans to vilify the reputation of Aaron Burr. Unlike Hamilton, who never faced danger, Burr was a patriotic and competent American officer during the Revolution who put his life at risk during the fighting. After the war, Burr rose to political prominence by organizing Manhattan into voting districts in support of Jefferson and the “Anti-Federalists” who opposed Hamilton’s banking scheme. When Burr discovered Hamilton’s secret and unscrupulous letter-writing campaign, he promptly challenged Hamilton to a duel, which was the way that honorable ruling elites settled their differences in that bygone era. Hamilton could have issued a public apology to avoid the duel, but that would have exposed his mischief and wrecked his political influence. Today most propaganda endeavors to suggest that Hamilton never tried to shoot Burr, but there is no evidence in support of that premise. Burr was simply a better shot, courtesy of his extensive military experience. His bullet struck Hamilton in the abdomen, and caused him to die in agony about two days later. Hamilton richly deserved his fate. Rick’s presentation reveals how our debt-based scheme of government money management was originated by Hamilton, a sociopathic scoundrel.
A better policy would have been for the nascent American government to have accepted the continental currency as legitimate payment for taxes. That would have secured the value of the continental currency and provided a universal medium of exchange to support commerce in the recovering colonies. The taxes thus collected could have been used to pay for government expenses, and then fresh issues of paper money could have been produced as necessary to pay future government expenses and sustain commerce when necessary. Unfortunately, most people clung to the notion that paper money must be “backed” by metallic money such as copper, gold, or silver. But that won’t work, because there is never enough metal to sustain commerce over time; sooner or later the supply of metal becomes exhausted, and the civilization collapses due to deflationary depression. So, governments have always yielded their responsibility for managing their paper money to banksters who scheme to rob the public. That’s why we are stuck with the “federal” reserve.
There is no need for a “central bank.” There has never been such a need, and never will be. Central banking is arguably the most devious and devastating racket ever devised by the criminal mind. It has inexorably destroyed every civilization that has allowed it. It promotes ruinous wars to pad the profits of the banksters. The only way that America can ever restore peace, prosperity, and progress is to “nationalize” the federal reserve, seize its illicit assets to pay off the “national debt” and restore the responsibility of congress to spend money into circulation to sustain commerce. There is no justification for compensating the rascals who own the central bank. They should be treated as the traitors they are.
Huge budget cuts?! Where?
paper money can be backed by metallic such as gold, silver if the price of the metal/paper is right