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the Nobel Peace Prize winning economist
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stated the following in a radio interview in January 1996,
"The Federal Reserve definitely caused the
Great Depression by contracting the amount of
currency in circulation by one-third from 1929
to 1933."
In only a few weeks from the day of the crash, 3 billion
dollars of wealth vanished. Within a year, 40 billion
dollars of wealth vanished. However, it did not simply
disappear, it just ended up consolidated in fewer and
fewer hands, as was planned. An example of this is
Joseph P. Kennedy, John F. Kennedy's father. In 1929
he was worth 4 million dollars, in 1935 following the
greatest depression in America's history, that had
increased to over 100 million dollars.
This is why depressions are caused. To take money out
of the hands of the many for the benefit of a few. On
this occasion the money would be largely spent
overseas, as whilst this Great Depression was occurring,
millions of American dollars was being spent on
rebuilding Germany from damage sustained during
World War 1, in preparation for the Rothschilds' next
war, World War 2. Republican Louis T. McFadden,
Chairman of the House Banking & Currency Committee
from 1920 to 1931, would state the following in relation
to this,
"After World War 1, Germany fell into the
hands of the German International Bankers.
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Those bankers bought her and now they own her, lock,
stock, and barrel. They have purchased her industries,
they have mortgages on her soil, they control her
production, they control all her public utilities.
The international German bankers have subsidized the
present Government of Germany and they have also
supplied every dollar of the money Adolf Hitler has used
in his lavish campaign to build up a threat to the
government of Bruening. When Bruening fails to obey
the orders of the German International Bankers, Hitler is
brought forth to scare the Germans into submission...
Through the Federal Reserve Board over 30 billion of
dollars of American money... has been pumped into
Germany... You have all heard of the spending that has
taken place in Germany... modernistic dwellings, her great
planetariums, her gymnasiums, her swimming pools, her
fine public highways, her perfect factories.
All this was done on our money. All this was given to
Germany through the Federal Reserve Board. The
Federal Reserve Board... has pumped so many billions
of dollars into Germany that they dare not name the total."
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Interestingly, the money pumped in to Germany to
build her up in preparation for World War 2, is into the
German Thyssen banks which are affiliated with the
Rothschild controlled Harriman interest in New York.
1930: This year, thirty-three years after the first World
Zionist Congress was held in Basle, Switzerland, the
first Rothschild "World Bank," the, "Bank for
International Settlements (BIS)," is established in the
same place, Basle, Switzerland.
It is established by Charles G. Dawes (Rothschild agent
and Vice President under President Calvin Coolidge
from 1925-1929), Owen D. Young (Rothschild agent,
founder of RCA and Chairman of General Electric from
1922 until 1939), and Hjalmar Schacht of Germany
(President of the Reichsbank).
The BIS is referred to by the bankers as the, "Central
bank for the central banks." To put this bank into
perspective today, whereas the International Monetary
Fund (IMF) and the World Bank deal with
governments, the BIS deals only with other central
banks. All its meetings are held in secret and involve the
top central bankers from around the world. For example
the former head of the Federal Reserve, Alan
Greenspan, would go to the BIS headquarters in Basel,
Switzerland, ten times a year for these private meetings.
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The BIS also has the status of a sovereign power and is
immune from governmental control. A summary of this
immunity is listed below:
1) Diplomatic immunity for persons and
what they carry with them (i.e., diplomatic
pouches).
2) No taxation on any transactions,
including salaries paid to employees.
3) Embassy-type immunity for all buildings
and/or offices operated by the BIS worldwide
including China and Mexico.
4) No oversight or knowledge of operations
by any government authority, they are not
audited.
5) Freedom from immigration restrictions.
6) Freedom to encrypt any and all
communications of any sort.
7) Freedom from any legal jurisdiction, they
even have their own police force.
Georgetown Professor and historian, Carroll Quigley,
commented on the creation of this central bank in his
1975 book, "Tragedy and Hope," as follows,
"The powers of financial capitalism had (a) far
reaching (plan), nothing less than to
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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 meetings and
conferences.
The apex of the system was to be the Bank For
International Settlements in Basel Switzerland,
a private bank owned and controlled by the
world's central banks which were themselves
private corporations.
Each central bank...sought to dominate its
government by its ability to control treasury
loans, to manipulate foreign exchanges, to
influence the level of economic activity in the
Country, and to influence cooperative
politicians by subsequent economic rewards in
the business world."
A handful of United States Senators led by Henry Cabot
Lodge, would fight to keep the United States out of the
Bank for International Settlements. However, even
though the United States rejected this World Central
Bank, the Federal Reserve still sent members to
participate in its meetings in Switzerland, right up until
1994 when the United States was, "officially," dragged
into it.
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1931: This year United States State Department papers
come to light of the following. In 1917 during the
Russian Revolution, M. Oudendyke, the Netherlands
Minister in Russia at the time, informed various
governments including Britain, France and the United
States of the danger of communism which he identified
as overtly Jewish, when he sent them a communique, a
segment of which states,
"The danger is now so great that I feel it my
duty to call the attention of the British and all
other Governments to the fact that if an end is
not put to Bolshevism in Russia at once the
civilization of the whole world will be
threatened. This is not an exaggeration....
I consider that the immediate suppression of
Bolshevism is the greatest issue now before the
world, not even excluding the war which is still
raging and unless as above stated Bolshevism
is nipped in the bud immediately it is bound to
spread in one form or another over Europe and
the whole world as it is organized and worked
by Jews who have no nationality and whose
one object is to destroy for their own ends the [ Pobierz całość w formacie PDF ]
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