Understanding the major inflation issues we face eludes much of the population. Some think the problems are caused by “greedy” corporations. Others believe it is simply people spending too much money.
Few understand the real cause.
The fifth plank of the Communist Manifesto, a branch of the international conspiracy, is “Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.”
A national bank was something wholly rejected at the Constitutional Convention by the Founding Fathers. We avoided government control of credit until the formation of the Federal Reserve in 1913, when the conspiracy was finally able to implement this plank of the Manifesto.
A founding member and key player and in the creation of the Federal Reserve was Colonel Edward Mandel House. He was an advisor to then President Woodrow Wilson. Wilson stated,
“Mr. House is my second personality. He is my independent self. His thoughts and mine are one. If I were in his place I would do just as he suggested… If anyone thinks he is reflecting my opinion by whatever action he takes, they are welcome to the conclusion.” (Charles Seymore, The Intimate Papers of Colonel House, Houghton Mifflin, 1926, vol. 1, pg. 114)
House was a staunch supporter of government controls and desired to “build socialism as dreamed of by Karl Marx” (Philip Dru: Administrator, 1912, pg. 45).
Skull and Bones member Charles Seymore wrote that House was the “unseen guardian angel” of the Federal Reserve Act (The Intimate Papers of Colonel House, Vol 1, Charles Seymore, 1926, pg. 165). Colonel House was the behind-the-scenes power broker to secure that everything came together to ensure that the Federal Reserve Act was passed in 1913. This was all in pursuit of his goals to build a socialist state.
The plans to form this government control of credit really started to take form, however, three years earlier. Frank Vanderlip, President of the Rockefeller National City Bank wrote,
“There was an occasion, near the close of 1910, when I was secretive – indeed as furtive – as any conspirator… I do not feel it is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System…
We were told to leave our last names behind us. We were told further that we should avoid dining together on the night of our departure. We were instructed to come one at a time and as unobtrusively as possible to the terminal of the New Jersey littoral of the Hudson, where Senator Aldrich’s private car would be in readiness, attached to the rear end of the train for the South.
Once aboard the private car, we began to observe the taboo that had been fixed on last names.
“Discovery, we knew, simply must not happen, or else all our time and effort would be wasted.” Frank Vanderlip, Farm Boy to Financier, Saturday Evening Post, 9 February 1935, pg. 25, 70)
Georgetown University professor Dr. Carol Quigley was very close to the conspirators that created the Federal Reserve. He wrote about the Fed’s history explaining,
“It must not be felt that these heads of the world’s chief central banks were substantive powers in world finance. They were not. Rather, they were technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down.” (Carol Quigley, Tragedy and Hope: A History of Our Time, Macmillan, 1966, p. 326-327)
Explaining further, Quigley said,
“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.” (Carol Quigley, Tragedy and Hope: A History of Our Time, Macmillan, 1966, p. 324)
In short, the Federal Reserve implements the Communist manifesto goal of “credit centralized in the hands of the state.”
In the following report, I interview Ben Schaffer from GoldBacks to discuss one solution we can all take part in to protect ourselves against inflation and nullify the unconstitutional Federal Reserve system.