A Timeline of Money Creation

Tweet

 

A 2000 year Timeline of Money Creation and the unveiling of the Great Scam that is the Central Banking System. Finally, the truth is laid bare for all throughout the world to see.

200bc. Rome

Rome was having trouble with the money changers. 2 early Roman Emperors were assassinated because of their attempts to diminish the power of the money changers by reforming Usury laws and limiting land ownership to 500 acres.

48bc. Julius Caesar

Julius Caesar took back the power to coin money from the money changers and minted coins for the benefit of all, building great public works projects and making money plentiful which won him the love of the common man. The money changers hated him and he was soon assassinated. With the of death of Caesar came the demise of plentiful money in Rome. Taxes increased, as did corruption and eventually the money supply was reduced by 90%. As a result the common people lost their lands and their homes and The Roman Empire plunged into the Dark Ages.

1100ad. King Henry 1st 

King Henry 1st finally resolved to take the power away from the gold smiths and introduced the ‘Tally Stick System’ (accepted for the payment of taxes1100ad -1826ad.) One of the original stockholders in the Bank of England (1694) purchased his share with ‘a stick of wood’. The British Empire was built on the ‘Tally Stick System’. No other form of money has ever lasted as long

1500’s King Henry 8th 

King Henry 8th finally relaxed the laws of Usury. The Money changers wasted no time reasserting themselves and made gold and silver coins plentiful for a few decades.

1553 Queen Mary 1st 

Queen Mary 1st took the throne and tightened the Usury Laws again, the money changers renewed the hording of gold and silver coins forcing the economy to plummet.

1558 Queen Elizabeth 1st, 

Queen Elizabeth 1st determined to regain control of the money, issued gold and silver coins from the public treasury.

1625 King Charles 1st

Oliver Cromwell was financed by the money changes and over-threw King Charles, purged parliament and put the King to Death. The Money changers were immediately allowed to consolidate their power, resulting in the next fifty years of war profits. They took over a property in the square mile of London known as the ‘City of London’

1688 William of Orange 

From 1672 he governed as over Holland, Zeeland, Utrecht, Guelders, and Overijssel of the Dutch Republic. From 1689 he reigned as William III over England and Ireland.
Conflicts with the Stuart Kings led the money changers in England to combine with those in the Netherlands to finance the invasion of William of Orange who over-threw the Stuarts in 1688 and took the English throne.

1694 The Bank of England 

By the end of the 1600’s England was in financial ruin. 50 years of costly wars with France and Holland had exhausted her. Frantic government officials met with the money changers to beg for the loans necessary to pursue their political purposes.

The price was a government sanctioned privately owned Bank which could issue money created out of nothing. It was to be the worlds first privately owned Central bank.

Like any other Private corporation it sold shares to get started. The Investors, whose names were not revealed, were supposed to put up 1.25 million pounds and gold coin to buy their shares in the bank, but only 750, 000 pounds was ever received. Despite that, the bank was duly chartered in 1694 and started out in the business of loaning out several times the money it supposedly had in reserves, all at interest.

In exchange, the new bank would loan to the British Politicians as much of the new currency as they wanted, so long as they secured the debt by direct taxation of the British people.

So, legalization of the Bank of England amounted to nothing less than the legal counterfeiting of a national currency for private gain. Unfortunately, nearly every country in the world has a central Bank using the Bank of England as the basic model. Such is the power of these central banks that they soon take total control over a nation’s economy amounting to a Plutocracy (Rule by the Rich)

With the formation of the Bank of England, the nation was soon awash in money. Prices throughout the country doubled, massive loans were granted for just about any wild scheme. By 1698 Govt. debt grew from 1.25 million pounds to 16 million pounds. Taxes were increased and then increased again to pay for all of this. With the Central bank firmly in control, the British economy began a series of booms and depressions, exactly the sort of thing a Central Bank claims it is determined to prevent. 

1743 The Rothschilds

50 years after the Bank of England opened it's doors, Amschel Moses Bauer, a German-Jewish moneychanger in the ghetto in Frankfurt am Main, Germany, opened a coin shop in 1743. Over the door he placed a sign depicting a Roman Eagle on a Red Shield. The shop became known as 'The Red Shield Firm' or in German 'Roth-schild.'

When his son 'Amschel Mayer Bauer' inherited the business, he decided to change his name to 'Rothschild'. He soon learned that loaning money to governments and kings was more profitable than loaning to private individuals. Not only were the loans bigger, but they were secured by the nations taxes.

Mayer Rothschild had 5 sons. He trained them all in the skills of money creation, then sent them out to the major capitals of Europe, to open branch offices of the family banking business.

• His first son Amschel Mayer stayed in Frankfurt to mind the hometown bank.
• His second son Saloman Mayer, was sent to Vienna.
• His third son Nathan, the most clever, was sent to London.
• His fourth son Carl, was sent to Naples.
• His fifth son Jakob, was sent to Paris.

In 1785, Mayer Amschel moved his entire family to a larger house. A five story dwelling he shared with the 'Schiff' family. This house was known as the 'Green Shield'. The Rothschild’s and the Schiff’s would play a central role in the rest of European history and in that of the United States.

The Rothschild’s soon broke into royal deals with Prince Frederick William of Hesse-Kassel, at first helping him speculate on precious coins, but when Napoleon chased the prince into exile, the Prince sent Nathan Rothschild’s 550,000 pounds (a gigantic sum at that time) with instructions to buy British Government bonds. But Rothschild used the money for his own purposes. With Napoleon on the loose, the opportunities for war-time investments were nearly limitless.

1750’s American Colonies

By the mid 1700’s, nearing it’s height of power around the world, the British Governments debt was a staggering 140 million pounds. Consequently, the British began to increase taxes on the American colonies to pay back the interest on the debt.

At this time there was a severe shortage of metal coins, so the early colonists were forced to experiment with printing their own paper money. Called Colonial Scrip, the endeavor was very successful, providing a reliable medium of exchange and a feeling of unity between the colonies.
COLONIAL SCRIP was not backed by anything like gold or silver coin, it was a totally ‘Fiat’ currency. (‘Fiat’ money is money that derives its value from government regulation or law). 

1757 Colonial Scrip 

Benjamin Franklin was a great supporter of the colonies printing their own paper money He was sent to London, staying for the next 18 years, nearly up to the beginning of the American Revolution. One day, Officials at The Bank of England asked Franklin how he would account for the new found prosperity of the colonies. Without hesitation he replied…

“That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to anyone”
- Benjamin Franklin to The Bank of England Officials

Although this was common sense to Franklin, the impact it had on The Bank of England was devastating. America had learned the secret of money and that Genie had to be returned to its bottle as soon as possible.

“The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of colonists to get power to issue their own money permanently out of the hands of George the III and the international bankers was the PRIME reason for the Revolutionary War.”
- Benjamin Franklin’s Autobiography

1775 American Revolution

By the time the first shots were fired in Lexington Massachusetts on April 19th, the colonies had been drained of Gold and Silver coin by British taxation. As a result, the continental congress had no choice but to print money to finance the war. At the start of the revolution the American money supply stood at 12 million dollars, by the end of the war it was nearly 500 million, resulting in hyper-inflation. (A pair of shoe’s sold for $5,000) Colonial Scrip had worked previously because just enough was issued to facilitate trade

1781 The Bank of North America (1st Central Bank) 

Robert Morris (Financial Superintendent of the Continental Congress) was allowed to open a privately owned central bank called The Bank of North America, it was closely modeled after The Bank of England. It was allowed to practice ‘Fractional Reserve Banking’ meaning, it could lend out money it did not have, then charge interest on it. The Banks charter called for private investors to put up $400,000 of initial capital, but when Morris was unable to raise the money, he used his political influence to have gold deposited in the bank, which had been loaned to America by France. He then loaned this money to himself and his friends to re-invest in shares of the Bank. Like the Bank of England, it was given a monopoly over the national currency.

The value of the American currency soon began to plummet, so 4 years later in 1785, the Banks charter was not renewed. 

1791 The First Bank of the United States (2nd Central Bank)

The men behind The Bank of North America, Alexander Hamilton, Robert Morris and the Bank's President Thomas Willing did not give up. Only six years later Alexander Hamilton, then Secretary of the Treasury, and his mentor Morris, rammed a new privately owned central bank through the new congress called The First Bank of the United States with the same President in Thomas Willing. The players were the same, only the name of the bank had changed. Hamilton, Morris, Willing and their European backers convinced the bulk of the delegates to the convention on the constitution to not give congress the power to issue paper money.

Congress passed the bill and gave it a 20 year charter. It was given a monopoly on printing the US currency, even though 80% of its stock would be held by private investors, the other 20% being purchased by the US government. But the reason was not to give the government a piece of the action, it was to provide the capital to the other 80% owners.

As with the old Bank of North America and The Bank of England, the stockholders never paid the full amount for their shares. The US Government put up their initial 2 million dollars in cash, then the Bank, through the magic of ‘Fractional Reserve Banking’ made loans to its charter investors, so they could come up with the remaining 8 million dollars of capital needed for this risk free investment.
Like the Bank of England, the name of The Bank of the United States was chosen to hide the fact that it was privately controlled. Also, like The Bank of England, the names of the investors in the Bank were never revealed. Many years later it was a common saying that the Rothschild’s were the power behind the old Bank of the United States.

1800 The Bank of France

Just as The Bank of England, The Bank of France was organised. But Napoleon decided France had to break free of debt and he never trusted the Bank of France. He declared that when the government is dependent on the bankers for money, the Bankers not the leaders of the Government are in control.

1800 Thomas Jefferson

By 1803 Jefferson and Napoleon had struck a deal. The US gave Napoleon 3 million dollars in gold in exchange for a huge chunk of territory west of the Mississippi river, the Louisiana Purchase. Napoleon quickly forged an army and set off across Europe conquering everything in his path. But the Bank of England quickly rose to oppose him financing every nation in his path reaping the enormous profits of war. Four years later the Duke of Wellingtons attacks from the south and other defeats eventually forced Napoleon to abdicate and Louis XVIII was crowned King, sending Napoleon into exile.

1811 Bank of the United States Charter not renewed

A bill was put before congress to renew the banks charter. Nathan Rothschild warned that if the Banks charter was not renewed, the United States would find itself in a most disastrous war. James Madison 4th President was a staunch opponent of the central bank and with his vice president sent the bank into oblivion. Within months Britain attacked the US and the war of 1812 was on.

1815 Waterloo and the Rothschild domination of Europe 

Prince Frederick William of Hesse-Kassel returned sometime prior to the battle of waterloo and summoned Rothschild. He demanded his money back. The Rothschilds returned Prince Williams money along with the interest that he would have made had the investments been made, but kept all the past profits accumulated using Prince Williams money.

In March of 1815, Napoleon equipped an army which the Duke of Wellington defeated 90 days later at Waterloo. From this point on it was not uncommon for privately controlled central banks to fund both sides of a war.

At the Battle of Waterloo, Rothschild stationed a trusted agent (Rothworth) on the North side of the battlefield closer to the English Channel. Once the battle had been decided Rothworth took off for the channel. He delivered the news to Nathan Rothschild a full 24 hours before Wellingtons own courier. Rothschild hurried to the stock market, taking up his usual position under an ancient pillar. All eyes were on him for he had a legendary communications network. If Napoleon had been defeated and was loose on the continent again, Britain’s financial situation would become grave. Rothschild looked saddened. He stood there motionless, eyes down cast, then suddenly began selling, prompting nervous investors to speculate that it could only mean one thing. Napoleon must have won. The market plummeted. Soon everyone was selling their British Government bonds and prices dropped sharply. But secretly, Rothschild was buying up the bonds through his agents for only fractions of their worth.
The day after the Battle of Waterloo, in a matter of hours, Nathan Rothschild came to dominate not only the bond market, but the Bank of England as well.

The Rothschilds soon became unbelievably wealthy. By the mid 1800’s they dominated all European banking and were certainly the wealthiest family in the world. They had financed Cecil Rhodes, making it possible for him to establish a monopoly over the diamond and gold fields of South Africa. In America they financed the Railroads, the Press, the Carnegie Steel industry among many others. By 1850, James Rothschild, the heir of the French branch of the family, was said to be worth $600m (french francs), $150m more than all the other bankers in France put together. By the end of the 19th Century the Rothschild controlled practically half the wealth of the entire world.

Central Banks 300 Years of History

We need Central Banking, just not in PRIVATE hands

The Central Bank scam is really a hidden tax, the nation sells bonds to the central bank to pay for things it does not have the political will to raise taxes to pay for. But the bonds are purchased with money that the central bank created out of nothing. More money in circulation makes your money worth-less. The government gets as much money as it needs and the people pay for it in inflation.

The beauty of the plan is that not one person in a thousand can figure it out because it is usually hidden behind complex sounding economics gibberish.

Central banks and the large commercial banks are up to three centuries old, and deeply entrenched in the economic life of many nations. These banks are no longer dependent on clever individuals. Years ago, the question of ownership was important but no longer. For Example, both the Bank of England and the bank of France were nationalized but nothing at all changed. They endure and continue to grow, protected by numerous laws, paid politicians and a corrupted special interest media, untouched by the changing generations. 

It is the corrupt banking system that was and is used, to consolidate vast wealth into fewer and fewer hands that is our current economic problem. Change the names of the main players now and the problem will neither go away nor miss a beat. Likewise, among the hoards of bureaucrats working in the World Bank, International Monetary Fund, central banks and the international banks, only a tiny fraction have any idea of what is really going on. Monetary reform is the biggest issue facing any nation.

We are over our heads in debt because we are laboring under a debt money system that is designed and controlled by private bankers.

Solution

There is a solution. We can become debt free in a short time simply by paying off the treasury bonds with debt free sovereign notes just like the greenbacks that Abraham Lincoln issued.

To avoid the old consequences of inflation and deflation, as the Treasury buys up its bonds on the open market with sovereign notes, the reserve requirements of your hometown local bank will be proportionally raised so the amount of money in circulation remains constant. As those holding bonds, are paid off with sovereign notes, they will deposit this money, thus making available the currency then needed by the banks to increase their reserve requirements.

Once all the Treasury Bonds are replaced with sovereign notes, banks will be at 100% reserve banking, instead of the fractional reserve system currently in use.

From this point on, the Central Banks will only be needed as a central clearing house for cheques and as vaults for sovereign notes. Monetary power can be transferred back to the treasury dept. There will be no further creation or contraction of money by banks. By doing it this way, the central banking system can be abolished without a national bankruptcy, a financial collapse, inflation or deflation or any significant change and the people can go about their business.

To the average person, the primary difference would be, for the first time since central banking was established, taxes would begin to go down.

1. Pay off the debt with debt-free sovereign notes (If we can issue $1 bond we can issue $1 bill. Both rest on the faith and credit of the people.
2. Abolish fractional reserve banking. As the debt is paid off, the reserve requirements of all banks and financial institutions would be raised proportionately at the same time …
3. Repeal the Reserve banking act, this act delegates the money power to a private banking monopoly. The money power must be handed back to the dept. of the  treasury (the people). No banker or  person in any way affiliated with financial institutions should be allowed to regulate banking.
4. Withdraw from the IMF, BIS and the World Bank. These financial institutions are used to further centralize the power of international bankers over the worlds economies.
5. The money supply should increase slowly to keep prices stable, roughly in proportion to population growth (est. 3% p/a) not at the whim of a group of bankers meeting secretly.
6. All deliberations are to be public, based on statistics of population growth and the price level index. The new monetary lenders in the Tresury Dept. (monetary committee) will have absolutely no discretion on this matter except in times of war. This would ensure a steady stable growth of roughly 3% per year, resulting in stable prices and no sharp changes in the money supply.

Every Sovereign Nation must first reclaim its Sovereignty then take back the power to issue its own money. This is NOT a radical solution. It is the same solution used at different points in American and other nation’s history as it tried to break free from Colonial Rule and the Central Banking philosophy of a debt based money system. 

But don’t take my word for it …

Saint Thomas Aquinas (1225-1274)

" …To take interest for money lent is unjust in itself, because this is to sell what does not exist, and this evidently leads to inequality, which is contrary to justice”

Mayer Amshcel Rothschild – Father of the Rothschild Banking Dynasty

"…Allow me to issue and control the money supply of a nation and I care not who makes its laws"

Nathan Rothschild - London Banking Dynasty

"…The man who controls British money supply controls the British Empire and I control the money supply" 

Thomas Jefferson - US President

"…If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered"

Thomas Jefferson - US President

“…I sincerely believe that banking establishments are more dangerous than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”

James Madison - US President

“…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.” 

Andrew Jackson - US President

(Speaking to a group of investment bankers trying to persuade him to renew their central bank charter in 1828)

"… You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning." 

Abraham Lincoln - US President

"…The money powers prey upon the nations in times of peace and conspire against it in times of adversity. It is more despotic that Monarchy, more insolent that Autocracy, more selfish than Bureaucracy."

Abraham Lincoln - US President

"…I see in the future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned. An era of corruption will follow and the money power of the country will endeavor to prolong its reign by working upon the prejudice of the people until the wealth is aggregated in a few hands and the republic is destroyed." 

Abraham Lincoln - US President

“… I have two great enemies, the Southern Army in front of me and the Bankers in the rear. Of the two, the one at my rear is my greatest foe.” 

Henry Ford - American industrialist, the founder of the ‘Ford Motor Company’

“…It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. “ 

James A. Garfield - US President

“… He who controls the money supply of a nation controls the nation.”

Woodrow Wilson - US President

"… I am a most unhappy man, I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation therefore, and all our activities are in the hands of a few men.”

Woodrow Wilson - US President

“… We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men”

Dwight D. Eisenhower - US President

“… The prospect of domination of the nation's scholars by Federal employment, project allocations, and the power of money is ever present - -and is gravely to be regarded.”

John F. Kennedy - US President

On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business.

John F. Kennedy - US President

"… We are opposed around the world, by a monolithic and ruthless conspiracy. That relies primarily on covet means for expanding its' sphere of influence. On infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerillas by night instead of armies by day.

It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine, that combines Military, Diplomatic, Intelligence, Economic, Scientific and Political Operations.

 It's preparations are concealed not published. It's mistakes are buried not headlined. It's de centers are silenced not praised. No expenditure is questioned, no rumor is printed, no secret is revealed." 

Carroll Quigley - Georgetown University Professor 1966

(With permission to internally investigate the aims of the ‘Council on Foreign Relations (CFR)

"… The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences.

The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds' central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups."

Milton Friedman
“… To paraphrase Clemenceau, money is much too serious a matter to be left to the central bankers…”

 
 Subscribe in a reader