God’s Laws on Theft
We ended part three showing the differences between paper money that is backed by precious metals—such as silver or gold—and that which is fiat “money.” The silver-backed dollar was a Certificate that the holder of the Certificate could actually swap for silver.
Not so with the Federal Reserve system’s fiat paper “money”. It has no more backing to it than does the paper “money” used in the board game, Monopoly!
Why the Federal Reserve currency is called a note leads us to the next section of our journey. We turn back the clock in history to the year 1693. The following quotation comes from a whistleblower from inside the central banking system.
The book is called A History of Central Banking and the Enslavement of Mankind. Mine is the third edition, copyright 2017. The author is Stephen Mitford Goodson.
I knew I was going to find this book extraordinarily fascinating because just looking at the index and then at his bibliography—which extends for six pages and has about 90 entries—I found that I either possess or have used perhaps twenty percent of his sources in my own previous work.
Readers can find it online. I found it at Barnes & Noble. Strangely, or maybe not, I could not find it on Amazon. Hmmm… But here is some of the back cover blurb from the 3rd and 4th editions. First, who is Mr. Goodson? Well, he was a director of the South African Reserve Bank, the central bank of South Africa. QUOTE:
In a ‘History of Central Banking and the Enslavement of Mankind’ ex-South African banker Stephen Goodson explains how the Central Banking “scam” originated, and how those who run it have throughout history used their power to subvert governments, and manufacture wars that not only produced vast profits, but frequently to topple ‘regimes’ whose banking system was not under their control.
The ‘scam’ of the money-lenders is the ability to literally create money from nothing, and then lend and accumulate interest on “credit,” and then re-lend that interest for further interest, in perpetuity, that creates pervasive, worldwide debt, from the individual, to the family, to the entire state.
The ability to operate a fraudulent credit and loan system has long been known, and with all the slickness of a snake-oil salesman, the money-lenders—the same types Jesus whipped from the Temple—have persuaded governments that banking is best left to their private interests.
The cultural and material progress of a civilization will often relate to the degree by which it is free from the influence of debt, and the degradation that results when the money-lenders are permitted to abuse their power.
Hence, Goodson shows that both World Wars, the Napoleonic wars, the American Revolution, the rise and fall of Julius Caesar, the regicide of Charles I of England, the overthrow of Gaddafi in Libya and the revolution against Tsar Nicholas, among much else in history relate to this “Hidden Hand”.
If you wish to have a real understanding of history—look for the influence of the bankers. This is the key to understanding the past, the present and the future. END QUOTE
Now, from this book we quote concerning the establishment of the Bank of England.
QUOTE: The need for a privately owned central bank was fronted by a retired pirate, William Paterson, when he wrote a pamphlet in 1693 entitled A Brief Account of the Intended Bank of England. He would later boast that this Bank “hath the benefit of interest on all moneys which it creates out of nothing.” END QUOTE
That right there is perhaps the biggest exposé of the entire sham, scam, and theft on a gigantic scale. That is the central nugget of central banking; that they are given the power to create a nation’s money out of thin air.
And the concomitant adjunct to that hocus-pocus is that the central bankers then lend the money to governments and the people, and it is a loan upon which they then charge interest or usury—which are the same thing, biblically speaking.
Now, to continue to try to keep it simple, let’s do another thought experiment. And for this one, we have to pretend that all money comes into circulation from printed paper money. Set aside for the sake of keeping it simple the fact that most money is now injected into the system electronically.
So, just imagine if you and your ten closest friends got together, with each of you chipping in enough money to buy a printing press, some paper and ink, and you had the power to persuade Congress to give you the right to open a central bank for the United States.
You get Congress to stipulate by law that your bank would be the only bank that could create money by just cranking up the printing press. And then it further allows your bank to lend to all other banks in the country—again with money you create by simply turning on the printing press—and you also charge the lesser banks interest as well.
In other words, every single bit of money and currency in the nation is based on the government’s (taxpayers’), debt to repay the central bank—with interest on top of the principal! Of course, we need to include all individuals and businesses who also borrow. The ONLY source for all of it is your central bank.
What an astounding accomplishment! You and your friends have just obtained permission from the government to make it legal to steal from all the people continuously for as long as your monopoly of issuing money is allowed to exists!
There was opposition to the formation of the Bank of England, but it did not stop its establishment in 1694, and (quoting Goodson again) “the Bank of England became the model on which all subsequent central banks were replicated.”
And that, boys and girls, is what we have been living under in America since the establishment of the Federal Reserve System when President Woodrow Wilson signed it into law in December of 1913.
There have been three central banks in the United States, and the Fed is the third and most troublesome. The good news is however, that this was all prophesied in God’s Word, and the Bible also prophesied its demise, denominated as “the fall of Mystery Babylon.”
We are living in that era when it is scheduled to come down, and indeed it is, as we shall demonstrate in the succeeded lectures/blogs.
Revelation 18:21 And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.
We already are seeing a certain amount of violence in our cities, even small cities like the deep blue, socialist/communist-led Asheville. But it is worthy of note that this word “violence” is from the Greek word, G3731 hormema {hor'-may-mah}which only occurs once in the Bible.
The definition given is “1) a rush, impulse 2) that which is impelled or hurried away by impulse.” So I do not necessarily think that to see the fulfillment of this prophecy, that we have to see major conflict, at least in America.
This definition would also fit what we are now seeing on the streets of some cities in America. Our best advice can be summed up like this: When we see the enemy destroying themselves, don’t get in the way!
This and the previous three installments in this series and this one are an edited version of my lecture #757. We “blogified” that lecture here in order to set the stage, to lay the foundation for understanding what is to come.
For this train of studies, I am skipping over numerous other lectures to bring us to the most recent ones which will show how the fall of Mystery Babylon is happening right before our eyes.
However, just as we came under the control of Mystery Babylon blindly as a nation, it seems as though the vast majority of our fellow Americans are also being set free of our captivity even while they are still blinded to the fact that we have been in captivity! What a merciful Father-God we have.
The other lectures which we are skipping over and which spell out the history of central banking in America include the following titles, all of which are available in audio CD format. The left column is the CD number. Additional ordering information is in the Master Order Form.
765 Logic for Newbies, Post-Civil War Bankers, DJT-White Hats’ Progress
764 Unknown Secrets Behind the War Between the States
763 History Lesson—From Gideon to Trump
762 The Amazing Parallels between Andrew Jackson and Donald Trump
761 The Bankers’ War of 1812 and Their Worst Fear in 2025
760 Alexander Hamilton: False Patriot, Tare Among the Wheat
759 Secrets of the Central Banks Exposed
758 Mystery Babylon’s Global Sorcery and You
The highest numbers are the most recent lectures. As you can tell by the titles, we cover American history from the founding of the republic until the post-Civil War era. Our forthcoming lecture will bring our study to the founding of the Federal Reserve System, the third central bank which America has endured.
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