“It is well enough that 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. The one aim of these financiers is world control by the creation of inextinguishable debt.” ~Henry Ford
“Under the Federal Reserve Act, panics are scientifically created. The present panic is the first scientific one, worked out as we figure a mathematical equation.” ~Charles A. Lindbergh (Congressman, The Economic Pinch, 1921)
"The youth who can solve the money question will do more for the world than all the professional soldiers of history." ~Henry Ford, Sr.
Welcome to WeaponsOfMassDebt.com.
Andrew Jackson, for all his faults, understood one thing very well - that giving a private international banking cartel the ability to define and issue America's money would lead to a bad outcome for the average American.
When speaking to the person who would become the 8th President of the United States, Andrew Jackson put his relationship with the international banking cartel in rather succint terms:
The bank, Mr. Van Buren, is trying to kill me, but I will kill it.Andrew Jackson
While one can easily imagine that the power struggle to control the definition and issuance of a country's money was an epic struggle with massive ramifications, one will not even find a dearth of information in the history books regarding this critically important issue. The School Board approved books say literally nothing regarding this eminent issue in America's national history. Perhaps one of the ramifications of handing over the raw power to define and issue money into America is that this information has been censored; literally excised from the mind share of the common person.
The key to understanding the debt saturated world we observe all around us today is to understand the debt based mechanics of money. I've created a short illustration that illuminates the nature of the debt monetary system imposed upon us by the international banking / government duopoly.
Imagine a democratic republic society that needs $20,000,000 in which to "grease the skids" of business. This society, like America, outsourced the issuance of this money to a private banking cartel (IBC) that chose to define money as debt. In other words, money will be lent into existence. Make no mistake, this key trait of money was never voted on by society.
In order to provide the money required by society to fully function, The IBC lent $20,000,000 to society with 5% annual interest. Society had their $20,000,000 to engage in commerce - what's not to like?
Initially, everything runs pretty fine - the money is flowing, business is prospering and all is well. Some might even refer to the IBC as "The Maestros."
Let's fast forward one year and see where things stand.
A double entry bookkeeping adjustment has added a $1,000,000 interest liability to society and a $1,000,000 interest asset to the IBC due to the 5% interest attached to the lent money.
Did you catch it? Did you see the "magic" in the double entry bookkeeping that just transferred monetary control of society over the IBC?
Society was given $20,000,000, but now owes $21,000,000 and the IBC controls the money required by society to pay its debts to IBC!
Read the sentence just above this one as many times as you need to until it sinks in. Society is no more "sovereign" under a debt based money system than a child is sovereign who is dependent on their parents for money - even if the propaganda claims differently.
This doesn't even address the issue of the international banking cartel pocketing $1,000,000 for doing exactly zero productive work in society. Imperial Financiers contradict the essence of a democratic republic.
It gets worse. A "bailout" occurs when the IBC loans another $20,000,000 into existence, pockets the proceeds of the loan for itself and then bills society for the $20,000,000 debt even though society received $0 proceeds.
For a more complete discussion follow the link [to be completed in the future].
While the example, above, was simplified to bring out emphasize the international banking cartel control "feature" of a debt based monetary system, the example's foundation still stands firm as all the complexity is added back in to the equation.
Let's get straight to the point - our debt based monetary system will bankrupt the host society (that's us!) to a 100% mathematical certainty. This is why I coined the term Debt Money Tyranny and applied it to debt based monetary systems. Tyrannies oppress the common person and this system, although impersonal in nature, oppresses societyby systematically asset stripping it and piling unpayable debt levels onto it until its people are eventually impoverished. If you don't have enough time for a thoroough investigation now, please take a few minutes to scroll down to the videos and charts and view them. You will quickly gain a basic understanding of how this system works and why it is important to resist this scientificy, mathematical tyranny. For those who want to delve deeply into human history's largest confidence game, please keep reading.
The net effect of this system is that society rents its money supply from people who collect annual money supply interest for merely existing and being in a position of knowledge and power that enabled them to set up this system. In other words, debt based monetary systems like ours act to systematically asset strip the productive citizens of a nation in order to enrich and empower what amounts to a predator class that engineered, implemented and currently maintains this fraudulent debt based monetary system.
This is not a matter of opinion, it is mathematical fact. The details of a debt money system aren't too complex, but neither are they trivial. In order to gain a better understanding of this modern day Trojan Horse financial system, you will have to invest some time and effort.
However, the reward of doing so will be a better understanding of how the world's largest modern day Trojan Horse system operates to financially and politically damage you, your family and your community.
WARNING! Avoid student loan debt like it was the road to debt serfdom because, for millions of students, that is exactly what it is. The Money Power is preying upon students in their effort to sell more "banker widgets" (debt is what a bank sells - it is their "widget") before the eventual collapse of their debt based Ponzi scheme. In the vast majority of cases, this debt is not dischargeable in bankruptcy court. A default can cause this debt to more than double in penalties, fees and interest. The losses go to the tax payer. The profits go to the bankers. Good American jobs are being offshored for internationally owned multi-national corporate profit maximization (slave labor and mass polluting is cheap). Live at home, go to a local community college, keep your grades up and then attend a local university to get a debt free education.
It took America's government 220 years to rack up its first $5 trillion in debt (1776 to 1995). America's government now runs up $5 trillion in new debt every 3-4 years. For context, $5 trillion in debt divided by 100 million tax payers is $50,000 in new debt per tax payer. Do you have an extra $50,000 lying around? How about your tax payer spouse? That's $100,000 in new federal debt obligations, per two federal tax payer household, laid at your doorstep every 3-4 years. How about an extra $200k every 7 years? Perhaps the best part of this is the annually accruing interest on this debt - you owe that, too!
Most people will understand that they don't have $100s of thousands set aside to pay off this debt so the present debt issuance is clearly and undeniably unsustainable - meaning it will end at some point. Are you preparing for that end point?
If you care about your future, as well as the future of your family and community, there are few things more important than understanding the dynamics of our debt based monetary system because it impacts all of us in America and many people all around the world. It impacts who has the wealth and who gets to run government.
How did we get here and where are we going? You need to understand the basics of debt based money to understand how we arrived at our current place in history and you need to understand the dynamics of credit bubbles in order to understand where we are going in the near to medium term.
Let's begin by learning the basics of debt based money in a 3 minute video presented by Positive Money UK.
Now they don't teach you that in economics or business school! Nevertheless, it is true. Our physical paper money, also known as Federal Reserve Notes, are essentially debt receipts like mortgage notes and car notes. They represent a promise to pay with a corresponding annual rate of interest. In addition, bank credit and investment accounts also represent debt based money. There is one exception. Physical coins are debt free money, but they represent a very small fraction of the money supply and can be ignored in this analysis.
How is money created? New money is created whenever someone takes out a car loan, a mortgage loan, uses a credit card or governments issue treasury notes. The commercial banks created most of the money (debt receipts) that currently exist. The commercial banks control the world's supply of debt receipt dollars and, the bigger the bank, the more control it exerts over the world's money supply.
For those who consider the owners of the largest and most powerful banking and money supply controlling institutions in the world to be angelic beings who would sacrifice all for the betterment of you and your family's well being, well, you haven't been paying attention.
This debt based "Money Power" mega banking cartel blew the world's largest credit bubble as evidenced in the pictoral view of the Federal Reserve Z1 debt data and the BEA GDP data (Chart created by Karl Denninger over at Market-Ticker.org):
Taking credit exponential to GDP was, and is still, a black letter law criminal violation of Section 2A of the Federal Reserve Act, but that violation of law will be addressed in the Weapons of Mass Debt section of this website.
Since this private "Money Power" mega banking cartel succeeded in blowing the world's largest credit bubble in human history (and the leveraged the hilt profits must have been really nice on the way up!), it is a good idea to gain an understanding of bubble dynamics.
For this, we have Nicole Foss from the AutomaticEarth.com.
The following three graphs will help you understand the dynamics of bubbles:
Reviewing the Fed Z1 and BEA GDP chart presented earlier on this page, it is evident we experienced the credit bubble phase of the cycle from about 1970 through 2007/2008. That's the ramp portion of the bubble. From 2008 until present we've seen the Money Power cartel's financial corporate fronts offload their debts onto society and collect trillions in various forms of bailouts. To me, this looks like the topping phase of the bubble / bust dynamic. If true, I don't know how long this phase will go on, but I do know what history tells us comes next - an inversely proportional bust. That would make it the world's biggest financial bust in human history.
The solution won't come from the system's actors because the system chose its actors in order to uphold the system. The solution will only come from an educated and active populace that simply can't be duped into apathy and tricked by predators with various con games used to convey the wealth from the productive class to the predator class - in this case an international goup of financiers described as the Money Power or Big Finance Capital here at WeaponsofMassDebt.com
WeaponsofMassDebt.com's main subsections include:
The main WeaponsOfMassDebt.com message can be found by clicking on this Money Power link or by clicking on the Money Power link on the left navigation menu or the site's main horizontal menu. The sublinks on the Money Power main page will prove all of the claims made above beyond any and all doubt. Click here to go to the Money Power page.
However, knowing there is a problem and our debt based, societal asset stripping debt Ponzi monetary system is systematically impoverishing Western civilization (this might not be obvious for many now, but when the debt money spigots get turned off like in Greece, our economy will shrink significantly, just like Greece's economy - yes, the scale is much different, but the mathematics behind the process is the same) is only really valuable in as much as it inspires us to take positive action to minimize the carnage for our families and our communities and resist this asymmetrical financial / economic tyranny. That's why the Solutions page is the most important page on WeaponsOfMassDebt.com. However, just jumping into solutions and *trusting* us is no way to proceed - *YOU* really have only yourself to trust and that means *YOU* have to put in the effort to prove that our solutions are worthwhile. Click here to go to the Solutions page.
Which leads right into the Trivium - a systematic method for thinking critically. We are trained to "trust the system" and not bother to do the research. You have to trust the book or the teacher or the boss or the magnetic personality with the "newsy" looking background filtering information and telling spoon feeding you the "news." Most are busy leading their lives and relying on "authorities" sure is convenient! But it doesn't mean you really know what is real, you just know what you've been told, with may be real or it may not be real. The Trivium method gives you the structure to determine what is real from what is not and even when you can't be sure what is real. Of course, you can't apply this to every piece of information, so you have to used wisdom when to apply it and how in depth you should go. Think of it as mental "anti-virus" for your mental thought process. Click here to go to the Trivium page.
This asymmetric tyranny isn't just financial and economic in nature. It also exerts power over Big Agra, Big Chemical, Big Bio and Big Pharma and profits are not maximized within the system unless the citizenry (subjects?) are addicted to easily branded industrial food and chronically ill. We share the information that we believe will optimize your mental and physical health as you begin to actively resist The Powers That Shouldn't Be. The focus in on an anti-inflammatory, hormonally balanced organic paleo diet. Click here to go to the Wellness page.
From time to time we will post blog entries that cover topics we deem important and that you should find informative. Yes, some of the entires might come off as "revolutionary," but the obfuscated truth is meant to when the name of the tyranny game is deceit. Click here to go to the Blog page.
Please feel free to contact us by clicking here.
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!" ~Andrew Jackson (7th President of the United States)