Posted 10 years ago on Nov. 11, 2011, 6:03 p.m. EST by jph
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Another great article. Wow, this movement is really getting many wise thinkers to point out what needs to be done to take back democracy and to stop the bankster fleecing of America and the World.
Here is the first part (Do go and read the whole thing! It is really good.) of the article by Ellen Brown;
Henry Ford said, "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."
We are beginning to understand, and Occupy Wall Street looks like the beginning of the revolution.
We are beginning to understand that our money is created, not by the government, but by banks. Many authorities have confirmed this, including the Federal Reserve itself. The only money the government creates today are coins, which compose less than one ten-thousandth of the money supply. Federal Reserve Notes, or dollar bills, are issued by Federal Reserve banks, all 12 of which are owned by the private banks in their district. Most of our money comes into circulation as bank loans, and it comes with an interest charge attached.